Korean gaming companies
Scope
Date
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Korean SMEs
Korea's top patient monitoring device maker targets pet sector
South Korea’s leading patient monitoring device maker Mediana Co. is targeting the pet medical industry while seeking an artificial intelligen...
May 16, 2022 (Gmt+09:00)
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Petrochemicals
Lotte Chemical raises stake in Fine Chemical amid merger talk
South Korea’s Lotte Chemical Corp. has raised its stake in affiliate Lotte Fine Chemical Co. amid speculation that the two companies may merge...
May 15, 2022 (Gmt+09:00)
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Economy
Weakening won: A double-edged sword for the Korean economy
A weakening won is usually a bonus for the South Korean economy as it strengthens the export-dependent country’s price competitiveness in over...
May 15, 2022 (Gmt+09:00)
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Earnings
NCSOFT profit beats forecasts as Lineage W drives sales to record
NCSOFT Corp., South Korea’s leading game developer, surprised investors with stronger-than-expected profit in the first quarter as Lineage W, ...
May 13, 2022 (Gmt+09:00)
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Entertainment
CJ ENM, Naver to launch drama studio joint venture in Japan
South Korean entertainment powerhouse CJ ENM Co. and online platform giant Naver Corp. are launching a drama production studio in Japan to tap into ...
May 12, 2022 (Gmt+09:00)
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Private equity
SK Square taps NPS PE expert as global investment head
South Korea’s investment firm SK Square Co. announced on Thursday that it has chosen Harvey Hakjin Bae, a former alternative investment expert...
May 12, 2022 (Gmt+09:00)
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IPOs
One Store becomes fifth Korean IPO dropout this year
One Store Co., South Korea's homegrown app store, on Wednesday canceled its initial public offering on the Korea Exchange, after its shares failed t...
May 11, 2022 (Gmt+09:00)
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Behind the Scenes
South Koreans turned off by luxury fashion houses’ price hikes
A Cartier boutique inside a department store in Seoul’s posh Gangnam District was unusually slow on Tuesday. The quiet ambience was in sh...
May 11, 2022 (Gmt+09:00)
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Entertainment
HBO, Paramount to enter Korea via local OTT players
Two US streaming platforms HBO Max and Paramount Plus will be launching South Korean services this year via domestic over-the-top (OTT) players in a...
May 11, 2022 (Gmt+09:00)
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Bio & Pharma
Celltrion to sell biosimilar products via its own channel in Europe
South Korea's biopharmaceutical company Celltrion Inc. plans to sell all of its biosimilar products through its own sales channels in Europe to impr...
May 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
S.Korean CEOs chase M&A targets in same industry
Some 72% of South Korea's chief executives surveyed by consulting firm EY intend to carry out M&As within the next 12 months to increase their m...
May 10, 2022 (Gmt+09:00)
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Carbon neutrality
SK E&S invests $110 million in world’s largest carbon capture project
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is investing $110 million for a 10% stake in Summit Carbon Solutions ...
May 10, 2022 (Gmt+09:00)
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E-commerce
Korean app market One Store to venture into SE Asia
One Store Co., South Korea's homegrown app store, will venture into Taiwan and Southeast Asia within the year, aiming to crack Google and Apple's du...
May 10, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Elec. proposes global research for 6G frequencies
Samsung Electronics Co., South Korea’s tech behemoth, has put forward global research on 6G service frequencies as it aims to take the lead in...
May 09, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor to build LNG plant to power its factories
Hyundai Motor Co. plans to build a liquefied natural gas-fueled power plant to secure a stable supply of electricity for its factories and embrace t...
May 09, 2022 (Gmt+09:00)
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Metaverse
SKT, SK Square invests $40 mn in Korea metaverse game firm
South Korea’s top mobile carrier SK Telecom Co. and its spin-off SK Square Co. have together invested 50 billion won ($40 million) into a loca...
May 06, 2022 (Gmt+09:00)
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Korean startups
Fabless startup FADU eyes unicorn status with $157 mn funding
FADU Technology, a fabless startup that develops architecture for solid-state drive (SSD) controllers and storage products, is seeking to raise 200 ...
May 06, 2022 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean suppliers ride on Apple’s smooth sailing
South Korea's major chip, display and other electronic components makers have at least one thing in common: they all claim Apple Inc. as a key custo...
May 05, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Quantum computing firm IonQ hit by short seller report
IonQ Inc., a US-listed quantum computing firm, has become a new target of short selling-focused Scorpion Capital, taking a hit from the US hedge fun...
May 05, 2022 (Gmt+09:00)
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Food & Beverage
Traditional Korean wine Bekseju sells 700 mn bottles
South Korea's traditional winemaker Kook Soon Dang Co. has sold a total of 700 million bottles of its flagship Bekseju since its launch in 1992 as i...
May 04, 2022 (Gmt+09:00)
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Earnings
Korea’s major airlines continue to enjoy cargo boom
Korean Air Lines Co., the country’s top carrier, reported a record quarterly operating profit on the strong cargo business while its smaller d...
May 04, 2022 (Gmt+09:00)
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Metaverse
CJ ENM buys stake in US metaverse firm Hyperreal
South Korean entertainment powerhouse CJ ENM Co. has acquired a minority stake in US metaverse entertainment and media firm Hyperreal Digital Inc., ...
May 03, 2022 (Gmt+09:00)
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The KED View
Can Samsung Electronics ever catch up to foundry leader TSMC?
For years, Samsung Electronics Co. has been touted as the backbone of the South Korean economy, Asia’s fourth-largest, under the government&rs...
May 03, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Baring PEA to refinance two Korean lenders to recoup investment
Hong Kong-based Baring Private Equity Asia is planning to raise a total of 674 billion won ($532 million) in loans for South Korea's Acuon Capital a...
May 02, 2022 (Gmt+09:00)
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Electronics
LG Display to drastically cut LCD output as Chinese rivals churn it out
LG Display Co., a major South Korean display panel maker, plans to drastically cut production of its liquid crystal display panels for TVs, as it fa...
May 02, 2022 (Gmt+09:00)
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Banking & Finance
Shinhan to boost Vietnam digital services with Tiki
South Korea's Shinhan Financial Group has picked Vietnam’s e-commerce startup Tiki as its first strategic partner in the Southeast Asian count...
May 02, 2022 (Gmt+09:00)
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Airlines
Asiana steps up pressure on Gategroup to cancel 30-yr contract
South Korea's Asiana Airlines Inc. has stepped up its pressure on Gategroup to nullify its 30-year in-flight meal contract with the Swiss catering s...
May 02, 2022 (Gmt+09:00)
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Electric vehicles
SK, BlackRock team to bet on EV charging station maker
SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...
Apr 29, 2022 (Gmt+09:00)
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Korean SMEs
Korea contractor for TSMC, Airbus aims to top anodizing sector
South Korea’s YKMC Inc., an integrated contract manufacturer for global companies such as Taiwan Semiconductor Manufacturing Co. (TSMC) and Ai...
Apr 29, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean golf course price likely to set new record per hole
The price of a public golf course in South Korea has surged 35% in one and a half years to set the highest per-hole selling price for a Korean golf ...
Apr 29, 2022 (Gmt+09:00)
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