Suyi Kim Korean investment professional
Scope
Date
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Korean chipmakers
Openedges develops interface supporting Samsung's 5nm process
Openedges Technology, South Korean semiconductor design intellectual property (IP) platform, announced on Tuesday its plans to produce physical...
Jun 20, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US
Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...
Jun 20, 2023 (Gmt+09:00)
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Entertainment
Pinkfong’s Bebefinn surpasses 10 million subscribers in 14 months
The Pinkfong Company's "Bebefinn" YouTube channel has surpassed 10 million subscribers. The Pinkfong Company, popularly known for its "Baby Shark" c...
Jun 20, 2023 (Gmt+09:00)
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Business & Politics
S.Korea-Iraq Joint Committee resumes operations after six years
A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pr...
Jun 20, 2023 (Gmt+09:00)
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Korean food
S.Korean SMEs unprepared for Indonesia’s mandatory halal certification
South Korea's Ministry of SMEs has begun moving to help SMEs planning to export to Indonesia obtain halal certification.The SME Ombudsman said on Tu...
Jun 20, 2023 (Gmt+09:00)
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Future mobility
Hanwha Aerospace partners with UK's Vertical Aerospace for UAM
South Korea's Hanwha Aerospace Co. announced on Tuesday that it has signed a memorandum of agreement (MOA) with Vertical Aerospace (VA), a UK compan...
Jun 20, 2023 (Gmt+09:00)
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Retail
CU marks first entry of S.Korean convenience store into Kazakhstan
South Korean convenience store heavyweight, CU, has announced its first foray into Central Asia, beginning with Kazakhstan. The retailer's goal is t...
Jun 20, 2023 (Gmt+09:00)
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Foreign exchange
Yen breaches key level vs Korean won to hit 8-year low
The Japanese yen on Monday extended losses against the South Korean won to touch an eight-year low, briefly breaching a psychological support line a...
Jun 19, 2023 (Gmt+09:00)
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Regulations
S.Korean auditors enjoy sharp pay rise under new laws
The average salary of accountants at Big Four accounting firms in South Korea has more than doubled over the past few years, as financial regulators...
Jun 19, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor's Genesis delivers Korean luxury to Europe
MUNICH – It is always challenging to bring a lesser-known car marque to Europe, home to well-established, globally known brands such as Merced...
Jun 19, 2023 (Gmt+09:00)
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Electronics
Samsung launches collaborative product with illustrator Max Dalton
Samsung Electronics Co. announced on Monday that it has unveiled a special edition of Bespoke Jet Bot AI, collaborative with illustrator Max Dalton,...
Jun 19, 2023 (Gmt+09:00)
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Fashion
Gucci invites S.Korean artist to horsebit 70th anniversary exhibition
The Gucci horsebit loafer, one of the most iconic products of the Italian luxury brand, is celebrating its 70th anniversary. The horsebit loafer is ...
Jun 19, 2023 (Gmt+09:00)
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Petrochemicals
LG Chem to sell $1.6 bn stake in LG Energy to foreign investors
South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...
Jun 19, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis acquires logistics automation SW company Altiall
South Korea's leading logistics company Hyundai Glovis Co. announced on Monday that it has signed a stock purchase agreement related to the acquisit...
Jun 19, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems joins C-130H airplane modification project
Hanwha Systems Co. announced on Monday that it has been awarded a second contract by the Defense Acquisition Program Administration for the South Ko...
Jun 19, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion puts Takeda’s assets up for sale after 3 years
South Korea’s Celltrion Inc. has put its Japanese Takeda Pharmaceutical Co.'s primary care assets acquired in 2020 on sale as the biosimilar g...
Jun 18, 2023 (Gmt+09:00)
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Automobiles
Kia starts delivering electric SUV EV9 to customers
Kia Corp. announced on Sunday that its first large-scale electrified sport utility vehicle (SUV), the EV9, will be available for delivery to custome...
Jun 18, 2023 (Gmt+09:00)
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Automobiles
GM names Hector Villarreal as new CEO for S.Korean operations
General Motors (GM) on Friday named Hector Villarreal as the new president of GM Korea. After more than 40 years with the company, GM Korea Presiden...
Jun 16, 2023 (Gmt+09:00)
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Energy
Doosan to start demonstration of high-efficiency hydrogen turbine
South Korea’s Doosan Enerbility Co. is set to develop and demonstrate a high-efficiency H-class large hydrogen turbine technology utilizing pu...
Jun 16, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha to reveal S.Korean rocket Nuri, UAM techs in Paris
South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to showcase its cutting-edge technology, specifically those applied to home...
Jun 16, 2023 (Gmt+09:00)
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Electronics
India rises as LG's cash cow under revised S.Korean tax laws
South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...
Jun 16, 2023 (Gmt+09:00)
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ESG
Lotte Shopping to raise $785 mn from Korean banks for ESG push
Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, will tap 1 trillion won ($784.4 million) from two of the...
Jun 16, 2023 (Gmt+09:00)
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Dong-A ENG Co.
Key facts Industry Mass-production mold design and manufacturing/machinery manufacturing Mainstay products/services Automotive interior ...
Jun 16, 2023 (Gmt+09:00)
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Min Sung Precision Co.
Key facts Industry Industrial mold manufacturing and repairment/plastic injection molding Mainstay products/services High-precision mold...
Jun 16, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korean gov't, L'Oréal to jointly support beauty tech startups
South Korean Ministry of SMEs and Startups has joined forces with the L'Oréal Group to provide support for beauty tech startups.During the Vi...
Jun 16, 2023 (Gmt+09:00)
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Korean food
Kooksoondang to export limited edition makgeolli to Japan in four years
Kooksoondang Co., a South Korean brewery that produces traditional rice-based wines, announced on Friday that it will export 100,000 bottles of the ...
Jun 16, 2023 (Gmt+09:00)
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Logistics
CJ Logistics, Evergreen sign agreement for logistics cooperation
South Korea's CJ Logistics has entered into mutual cooperation with the Taiwan-based global shipping company Evergreen Marine Corporation for the ...
Jun 16, 2023 (Gmt+09:00)
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Bio & Pharma
Daehwa Pharm applies for approval of anti-dementia patch in China
South Korea's Daehwa Pharm Co. is speeding up its advance into the Chinese market for anti-dementia medicine, applying for sales approval of its pat...
Jun 16, 2023 (Gmt+09:00)
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Korean startups
Generative AI startup Wrtn attracts nearly $12 mn in investment
South Korea's advanced tech startup Wrtn Technologies, a major player in generative artificial intelligence (AI), has attracted investment of 15 bil...
Jun 16, 2023 (Gmt+09:00)
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Leadership & Management
Korea’s GS E&C holds first global HR conference in Mumbai
GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...
Jun 16, 2023 (Gmt+09:00)