Kim’s Club
Scope
Date
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Aerospace & Defense
Elon Musk’s SpaceX set for tie-up with KT SAT for Starlink service in Korea
SpaceX, the rocket and spacecraft manufacturer founded by Tesla Inc. Chief Executive Elon Musk, will likely join forces with KT Corp. to lau...
Mar 21, 2023 (Gmt+09:00)
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Korean games
Will S.Korean games benefit from China’s deregulation?
China is loosening its grip on foreign online games with approvals on 27 titles, raising hopes that South Korean publishers will expand their presen...
Mar 21, 2023 (Gmt+09:00)
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Korean Investors
S.Korean LPs name 41 best alternative asset managers
Blackstone, Hamilton Lane, HarbourVest Partners and Audax Private Equity were jointly named the most preferred PE firms by South Korean institutional ...
Mar 21, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung’s new Exynos chipset enables short-range wireless connectivity
South Korean tech giant Samsung Electronics Co. on Tuesday unveiled a new chipset under its Exynos line that enables much shorter-range wireless con...
Mar 21, 2023 (Gmt+09:00)
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Korean food
Korea's Kooksoondang sees its makgeolli exports surpass $10 mn mark
Kooksoondang Co., a South Korean brewery that produces traditional rice-based wines, announced on Tuesday that its exports reached an all-time high ...
Mar 21, 2023 (Gmt+09:00)
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Healthcare
LG Elec, Bayada strengthen cooperation on home care medical devices
LG Electronics Inc. announced on Tuesday that it had signed a business agreement with Bayada Home Healthcare, a US-based company specializing in hom...
Mar 21, 2023 (Gmt+09:00)
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Electric vehicles
LS E-Link partners with Logen to boost EV charging
LS E-Link, a new corporation of South Korea's LS Group that specializes in electric vehicle (EV) charging infrastructure and operation, has signed a...
Mar 21, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics signs medical robot MOU with Chinese company
Doosan Robotics Inc., a South Korean company affiliated with the Doosan Group, announced on Tuesday that it had signed an MOU with Guangxi Pinge, a ...
Mar 21, 2023 (Gmt+09:00)
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Fintech
Apple Pay to shake up S.Korea's digital payment market
The launch of Apple Pay in South Korea on Tuesday is poised to shake up the country’s digital payment market as the sector leader Samsung Pay ...
Mar 21, 2023 (Gmt+09:00)
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Bio & Pharma
Korea’s Micro Digital to supply bioreactors to major US firm
Micro Digital Co., South Korea’s only bioreactor maker, is set to ink a supply deal with a major US biopharmaceutical producer to expand its g...
Mar 21, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's brewery Seoul Jangsu forms marketing tie-up with fashion industry
With South Korea's traditional milky rice wine makgeolli seeing its second heyday centered on the 20- and 30-something crowds, marketing tie-ups tar...
Mar 21, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma wins $44 mn flu vaccine order from WHO agency
South Korea's pharmaceutical firm GC Biopharma Corp. said on Monday that it has won a $44.3 million (57.9 billion won) order for flu vaccines in a d...
Mar 21, 2023 (Gmt+09:00)
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Artificial intelligence
NHN, KT, Naver to jointly build AI semiconductor farm
Three large cloud service providers (CSPs) in South Korea will participate as a team in the project K-Cloud pursued by the government to verify dome...
Mar 21, 2023 (Gmt+09:00)
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Corporate restructuring
S.Korea's STX to spin off shipping division
South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...
Mar 21, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea’s KCC develops AI-based color matching system
South Korea’s chemical and auto parts maker KCC Corp. on Monday said it developed the K-Smart system of using an artificial intelligence (AI)-...
Mar 21, 2023 (Gmt+09:00)
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Korean startups
Samsung Electronics’ new C-Lab Outside center opens in Gwangju
Samsung Electronics Co. on Monday opened its second regional C-Lab Outside center in Gwangju about a month after opening the first regional startup ...
Mar 20, 2023 (Gmt+09:00)
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Corporate governance
Hyundai Motor, Lotte chairs rank as S.Korea’s highest-paid heads
Hyundai Motor Group Chairman Chung Euisun was ranked as South Korea’s highest-paid business owner in 2022 thanks to the group's record-high pr...
Mar 20, 2023 (Gmt+09:00)
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IPOs
S.Korean biotech GI Innovation's IPO draws tepid market interest
South Korean biotech GI Innovation Inc. is slated to debut on the local public market at less than half of its pre-IPO investment value, facing luke...
Mar 20, 2023 (Gmt+09:00)
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Aerospace & Defense
Startup Innospace launches Korea’s first private projectile
South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first private launch vehicle, ...
Mar 20, 2023 (Gmt+09:00)
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Future mobility
Bespin Global to work with GBike for smart mobility business in Vietnam
Bespin Global, a cloud delivery platform company based in South Korea, announced on Thursday that it had partnered with GBike, a micromobility tech ...
Mar 20, 2023 (Gmt+09:00)
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Bio & Pharma
Lunit's Insight DBT gets certification from EU for medical device
South Korean medical AI company Lunit said on Monday that its 3D breast tomosynthesis artificial intelligence (AI) image analysis solution, "Lunit I...
Mar 20, 2023 (Gmt+09:00)
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Waste management
Toray Advanced Materials acquires S.Korea's water treatment company
Toray Advanced Materials Korea Inc. announced on Monday the acquisition of Hanmee Entec Co., Ltd., the industry's longest-running water treatment fa...
Mar 20, 2023 (Gmt+09:00)
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Shareholder activism
Two global shareholder voting advisors oppose activist funds in S. Korea
Institutional Shareholder Services (ISS) and Glass Lewis, the world's two biggest advisory bodies for shareholder voting rights, have recommended op...
Mar 20, 2023 (Gmt+09:00)
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Economy
S.Korea confirms easing inflation; BOK to hold rate
South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...
Mar 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec to spend over $4 bn on capex in 2023, biggest in a decade
LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...
Mar 17, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean startup Jobis&Villains expands to UK with tax return service
Jobis&Villains Corp., a South Korean startup that offers a tax return service called “3o3,” said on Friday that it had set up a loca...
Mar 17, 2023 (Gmt+09:00)
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Mergers & Acquisitions
MBK to acquire Korea’s top FCCL maker NexFlex for $407 mn
MBK Partners agreed to buy NexFlex Co., South Korea’s top flexible copper-clad laminates (FCCL) producer, as the leading Northeast Asian priva...
Mar 17, 2023 (Gmt+09:00)
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Future mobility
Tmap Mobility, SWM to collaborate in autonomous driving area
Tmap Mobility Co., a Korean navigation app company, announced on Friday a business agreement to promote cooperation in autonomous driving technology...
Mar 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's Naver gets global compliance certification
South Korea’s top search portal Naver Corp. said on Friday that it had received a global certification for its compliance management system fr...
Mar 17, 2023 (Gmt+09:00)
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Artificial intelligence
Upstage’s AskUp offers Korea’s first GPT-4-powered chatbot service
Upstage, a South Korean AI tech startup, has unveiled a new version of its generative AI chatbot powered by GPT-4, to become the first to offer Open...
Mar 17, 2023 (Gmt+09:00)