Korean startup investment
Scope
Date
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Automobiles
KG Mobility may lose its name to trademark troll
KG Mobility Corp., South Korean automaker specializing in sport utility vehicles, is on the brink of losing its new name, which could deal a blow to...
Nov 26, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders seek overseas yards for surging orders
South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as they hav...
Nov 26, 2023 (Gmt+09:00)
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Bio & Pharma
Korea to invest $200 mn in new drugs, vaccines by 2028
South Korea’s health ministry will allocate 261.6 billion won ($200.2 million) for two funds over the next four years to boost private sector ...
Nov 24, 2023 (Gmt+09:00)
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Korean stock market
Korean ELS investors biting nails over sharp falls in Hong Kong shares
Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...
Nov 24, 2023 (Gmt+09:00)
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Airlines
Korean LCC T’way enjoys healthy earnings on preemptive investment
South Korean budget airline T'way Air Co. reported strong earnings as it benefited from its preemptive move of introducing new aircraft to increase ...
Nov 24, 2023 (Gmt+09:00)
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Construction & Planning
Samsung Engineering designs Sarawak green hydrogen project in Malaysia
Samsung Engineering Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Friday it has begun th...
Nov 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai Kona Electric beats Honda in German test
Hyundai Motor Co. announced on Friday that its best-selling electric vehicle (EV) compact sports utility vehicle (SUV) Kona Electric received higher...
Nov 24, 2023 (Gmt+09:00)
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Chemical Industry
Lotte Fine to invest $99 mn to up green materials sales by 6 times
Lotte Fine Chemical Co., South Korea’s largest ammonia producer, will spend a total of 129 billion won ($99 million) in an aim to become the w...
Nov 24, 2023 (Gmt+09:00)
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Retail
Black Friday sales offer short-lived relief to Korean retailers
South Korean retailers and fashion outlets are seeing record-breaking sales during their big discount events this month, but industry watchers said ...
Nov 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Two S.Koreans selected as members of CAE
Kinam Kim, President of the National Academy of Engineering of Korea (NAEK) and Sang Yup Lee, Vice President of NAEK were selected as foreign memb...
Nov 23, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to pour $26 bn in UK’s renewables, infrastructure
South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, in...
Nov 23, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma wins $10 mn order for flu vaccine in Thailand
South Korea's GC Biopharma Corp. announced on Thursday that its flu vaccine GC Flu secured a $10 million order in the upcoming bid by Thailand's Gov...
Nov 23, 2023 (Gmt+09:00)
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IPOs
CJ Logistics’ Indian operation Darcl taps IPO with SEBI
CJ Darcl Logistics, CJ Logistics Corp.'s Indian operation, is seeking to go public in the South Asian country to expand its footprint in the world&r...
Nov 23, 2023 (Gmt+09:00)
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Infrastructure
Compelling investment opportunity in US data center market: Principal
Current tenant demand for data centers has never been stronger and is growing at an unprecedented rate. Investors have started to take notice and ma...
Nov 23, 2023 (Gmt+09:00)
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Korean startups
Naver invests in AI operations automation startup
Naver D2 Startup Factory (D2SF), a tech startup investment and support project, announced Thursday that it invested in a startup with AI operations ...
Nov 23, 2023 (Gmt+09:00)
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Business & Politics
BP, Corio to invest $1.1 billion in S. Korea as Seoul-London ties deepen
LONDON – British offshore wind power developer Corio Generation and energy giant BP Plc have agreed to invest a combined 1.5 trillion won ($1....
Nov 23, 2023 (Gmt+09:00)
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Airlines
Korean LCCs baffled as Korea-Indonesia aviation talks stall
South Korea’s low-cost carriers (LCCs) may have to shelve plans to launch service to Indonesia after the two countries failed to reach an agre...
Nov 22, 2023 (Gmt+09:00)
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Korean startups
Middle East, land of opportunity for Korean startups
South Korean startups are accelerating their foray into the Middle East, where oil-rich countries are keen to nurture startups with innovative and d...
Nov 22, 2023 (Gmt+09:00)
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Batteries
Hyundai to build EV battery pack plant in India by 2025
South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...
Nov 22, 2023 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco launches new viral vector platforms, key for CGT
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has recently introduced two...
Nov 22, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience to develop 2nd-generation Ebola vaccine
South Korea's SK Bioscience Co. announced on Wednesday that it signed a business agreement with the international non-profit research organization H...
Nov 22, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S partners with East Timor gov't on CCS project
South Korea's SK E&S announced on Wednesday that it signed a mutual cooperation partnership (MCP) with the East Timor Ministry of Petroleum and ...
Nov 22, 2023 (Gmt+09:00)
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Energy
SK Earthon starts shipping crude oil from South China Sea
SK Earthon Co., the resources development unit of South Korean energy major SK Innovation Co., said Wednesday that it has started shipping crude oil...
Nov 22, 2023 (Gmt+09:00)
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Food & Beverage
Lotte Hotels & Resorts ups ante in kimchi business
South Korea’s largest hotel group Lotte Hotels & Resorts is pinning high hopes on kimchi as a new revenue source amid intensifying competi...
Nov 21, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean aerospace firms to co-work for SLV
South Korea's aerospace companies will collaborate to secure launch vehicle technology for small satellites weighing less than 500kg. The Sou...
Nov 21, 2023 (Gmt+09:00)
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Food & Beverage
Hotel Shilla’s four restaurants selected on La Liste
South Korean leading luxury hotel and retail operator Hotel Shilla announced on Tuesday that its four restaurants were selected on the La Liste 2024...
Nov 21, 2023 (Gmt+09:00)
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Entertainment
SM Entertainment invests in tech startup, music label
K-pop powerhouse SM Entertainment Co. invested 1 billion won ($774,353) in a local app development startup valued at 20 billion won in June 2022 via...
Nov 21, 2023 (Gmt+09:00)
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Korean startups
Hyundai Motor Group spins off three in-house startups
Hyundai Motor Group announced on Tuesday it spun off three in-house startups Eficar, Hcharge Lab, and 3I Solution. Eficar provides a service th...
Nov 21, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s new Tucson: Trendsetter with a taste for futuristic design
South Korea’s top automaker Hyundai Motor Co. on Tuesday unveiled the facelifted design of its compact sport utility vehicle, the Tucson, whic...
Nov 21, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics to up AI chip foundry sales to 50% by 2028
Samsung Electronics Co. plans to up artificial intelligence chip foundry sales to about 50% of its total foundry sales in five years with its advanc...
Nov 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