Korean car parts maker
Scope
Date
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Earnings
Korean auto parts makers’ earnings ride on electrification push
South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings on the back of their ...
Apr 25, 2023 (Gmt+09:00)
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Content platforms
Netflix to inject $2.5 bn in Korean drama series, movies over next 4 years
WASHINGTON, D.C. – US streaming giant Netflix is slated to invest $2.5 billion in South Korea over the next four years to boost its cont...
Apr 25, 2023 (Gmt+09:00)
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Fintech
Webcash launches AI accounting solution Wabooks in Vietnam
South Korea's Webcash Co. Group announced on Tuesday that it recently launched Wabooks, a Vietnamese version of the AI-powered accounting solution...
Apr 25, 2023 (Gmt+09:00)
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Business & Politics
S.Korea wary of tougher US anti-China moves for chipmakers
South Korean President Yoon Suk Yeol on Monday kicked off a six-day state visit to the US with a tough assignment: finding diplomatic solutions for ...
Apr 24, 2023 (Gmt+09:00)
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Korean stock market
SocGen dumps Korean stocks, likely due to client margin calls
Société Générale S.A. (SocGen) on Monday dumped South Korean shares sending their prices to daily limit lows, which loca...
Apr 24, 2023 (Gmt+09:00)
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Electronics
LG Electronics to bolster B2B to transform into software company
LG Electronics Inc., South Korea’s home appliance giant, will expedite its push to transform from a white goods manufacturer into a digital so...
Apr 24, 2023 (Gmt+09:00)
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Retail
Korean E-Land unites fast fashion units for China biz growth
South Korea’s major retailer E-Land Group has consolidated one of its fast fashion brand's operations at home and in China to accelerate growt...
Apr 24, 2023 (Gmt+09:00)
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Logistics
Dongwon Group to establishe new corporation for auto parts logistics
South Korea's Dongwon Group announced on Monday that it will launch a new corporation called "Next Lo Co." on May 1 to strengthen the competitivenes...
Apr 24, 2023 (Gmt+09:00)
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Private equity
More Korean LPs look to buyouts, special situations for private equity
Healthcare continued to be the preferred sector for South Korean institutional investors this year as it was last year, a survey found. Meanwhile, the...
Apr 24, 2023 (Gmt+09:00)
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Batteries
EcoPro sets sights on Europe with $286 million cathode plant in Hungary
South Korea’s EcoPro Co., a leading battery materials maker, has begun construction of a 380 billion won ($286 million) cathode plant in Hunga...
Apr 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis test-drives 'crab walking car' on public roads
South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...
Apr 24, 2023 (Gmt+09:00)
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Construction
HD Hyundai Infracore releases first S.Korean made bulldozer in 24 years
HD Hyundai Infracore Co. a construction equipment affiliate of South Korea’s HD Hyundai Group, on Sunday said it launched its new bulldozer br...
Apr 24, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung Display to use waste glass in cement to erect new HQ
South Korea's Samsung Display will use recycled cement using waste glass from the display production process to build a new headquarters.The company...
Apr 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipyards feel tailwind from emission rules
Tighter environmental rules and higher energy prices are providing tailwinds for South Korean shipbuilders, which have swept orders for eco-friendly...
Apr 23, 2023 (Gmt+09:00)
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Electronics
LG paves way for $82 bn OLED TV, panel sales milestone
South Korea’s LG Display Co. is regarded as a pioneer in the organic light-emitting diode (OLED) market after it developed the world’s f...
Apr 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Ransomware attacks targeting S.Korean companies on sharp rise
Global hacker groups' ransomware attacks against domestic companies and organizations in the first quarter of this year have been revealed to total ...
Apr 21, 2023 (Gmt+09:00)
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Bio & Pharma
Lotte Biologics invests in S.Korean bio-venture Pinotbio
South Korea’s Lotte Biologics Co. said on Friday that it has made an equity investment in Pinotbio, Inc. for the development of antibody-drug ...
Apr 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
POSCO, three telcos to build communication systems against disasters
South Korean steel giant POSCO said on Friday that it has signed a memorandum of understanding (MOU) with three domestic telecommunications companie...
Apr 21, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Healthcare enters top 10 in hospital prescriptions in Turkey
South Korean biopharmaceutical company Celltrion Healthcare Co. on Thursday said it ranked in the top 10 out of 400 companies last year on the Turki...
Apr 21, 2023 (Gmt+09:00)
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Business & Politics
Samsung, LG show Korean War hero tribute videos on Times Square
A tribute video to honor Korean and U.S. veterans of the Korean War started screening on billboards in New York’s Times Square on Thursday. Th...
Apr 21, 2023 (Gmt+09:00)
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Foreign exchange
Korean won near 5-month low despite weak dollar; outlook dark
The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundamen...
Apr 21, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire to cut workforce at fire-hit Daejeon plant
Hankook Tire & Technology Co., South Korea’s largest tire maker, will cut its workforce at the fire-hit production complex in Daejeon thro...
Apr 21, 2023 (Gmt+09:00)
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Korean startups
Asleep dreams big to help sleepless people worldwide find right treatment
Armed with artificial intelligence and big data technologies, Asleep hopes to find the best treatment for sleep-deprived people around the world wit...
Apr 21, 2023 (Gmt+09:00)
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ESG bonds
POSCO Future M to issue $226 mn Korean green bonds
South Korea's battery component maker POSCO Future M Co. (formerly POSCO Chemical) announced on Friday that it will issue 300 billion won ($226 mill...
Apr 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean firms applies for record-high 76,592 patents abroad in 2022
The Korean Intellectual Property Office (KIPO) on Thursday said the number of patents filed overseas by domestic companies last year set a record-hi...
Apr 21, 2023 (Gmt+09:00)
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Companies
S.Korean gov't unveils $424 mn strategy to boost software, AI industries
South Korean government has announced plans to invest about 563 billion won ($424 million) in bolstering the domestic software and artificial intell...
Apr 21, 2023 (Gmt+09:00)
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Automobiles
Another war in Russia: Hyundai, Kia versus Chinese carmakers
In Russia, which is in a state of war against Ukraine, there’s another war going on. This time, the war is between South Korea’s two lar...
Apr 21, 2023 (Gmt+09:00)
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Food & Beverage
Indonesia's Green Rebel enters S.Korean alternative meat market
Indonesia-based food tech startup, Green Rebel Foods, made public its official entry into the Korean plant-based protein food market. Bryan Toh, Glo...
Apr 20, 2023 (Gmt+09:00)
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Travel & Leisure
Korea Tourism Organization to host K-Tourist Festival in Japan
The Korea Tourism Organization announced on Thursday that it will hold a "K-Tourism Festival" on Apr. 21-22 in Hiroshima and Fukuoka, the key market...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
Korean gov’t pledges additional $7.9 bn for startups amid fund squeeze
The South Korean government will spend an additional 10.5 trillion won ($7.9 billion) to shore up the country’s startups and venture capitalis...
Apr 20, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer