Take Two
Scope
Date
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Airlines
LCC Air Premia to be jointly managed by two PE firms
Air Premia Inc., a South Korean low-cost carrier, will be jointly managed by two Seoul-based private equity firms – JC Partners and AP Holding...
Jul 03, 2023 (Gmt+09:00)
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Electronics
Samsung Gangnam takes aim at Apple Store to lure MZers
Apple Inc., the world’s leading premium smartphone maker, opened its latest South Korean flagship store in the bustling neighborhood of Gangna...
Jun 29, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s IONIQ 6 named Best EV of 2023 in US
Hyundai Motor Co.'s electric vehicle IONIQ 6 has been named Car and Driver's 2023 EV of the Year on Thursday. According to Hyundai Motor, IONIQ...
Jun 29, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung on smooth track to 1.4 nm foundry tech to take on TSMC
SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday unveiled details of its advanced proces...
Jun 28, 2023 (Gmt+09:00)
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Rights offerings
S.Korean firms' rights issues swell 10-fold in June
An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...
Jun 27, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to take 1st crack at Korea’s used car market
South Korea’s top automaker Hyundai Motor Co. is entering the country’s used car market, whose entry by big companies has long been deni...
Jun 26, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI succeeds in localizing wing spar components for Israeli business jet
Korean Aerospace Industries Ltd. (KAI), a South Korean aerospace and defense company, announced on Friday that it held a commemorative event for the...
Jun 23, 2023 (Gmt+09:00)
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Business & Politics
SK supports memorial monument honoring Korean War figures
South Korea's SK Group announced on Thursday its support for the construction of a memorial monument honoring the late Colonel William E. Weber and ...
Jun 22, 2023 (Gmt+09:00)
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Korean food
Bread mimicking S.Korean penny embroiled in design theft controversy
The Bank of Korea (BOK) has announced that it is in talks with companies to change the design of the “Gyeongju 10 won bread,” which rece...
Jun 22, 2023 (Gmt+09:00)
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Insurance
NH Property & Casualty Insurance inks MOU with Vietnam's PVI
South Korea's NH Property and Casualty Insurance announced on Wednesday its new comprehensive business cooperation agreement (MOU) with PVI Insuranc...
Jun 21, 2023 (Gmt+09:00)
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Carbon neutrality
SK Siltron to collaborate with Taiwan's Nanya on carbon neutrality
South Korea's SK Siltron announced on Tuesday that it has signed a business agreement with Taiwan's DRAM supplier Nanya Technology Corporation to st...
Jun 20, 2023 (Gmt+09:00)
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Insurance
DB Insurance acquires Vietnam's 9th largest insurance company
DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...
Jun 16, 2023 (Gmt+09:00)
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Business & Politics
KOTRA holds IR meeting in Tokyo for Japanese companies
Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea ...
Jun 15, 2023 (Gmt+09:00)
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Korean chipmakers
Market views turn bullish on Samsung as AI-led chip demand rises
Views on leading memory chipmaker Samsung Electronics Co. are becoming more bullish as the South Korean tech giant is expected to benefit from a ris...
Jun 15, 2023 (Gmt+09:00)
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Leadership & Management
CJ Darcl certified as best workplace in India by GPTW
CJ Logistics announced on Thursday that its Indian affiliate CJ Darcl has been certified as a 2023-2024 Best Workplace in India by GPTW, a research ...
Jun 15, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung takes on TSMC with strengthened chip design IPs
Samsung Electronics Co., the world’s largest memory chipmaker, aims to drastically expand its chip design intellectual property (IP) partnersh...
Jun 14, 2023 (Gmt+09:00)
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Foreign exchange
Foreign buying of Korean stocks, bonds at record high, boosting won
Foreigners bought a record $11.43 billion in South Korean stocks and bonds in May, boosting the value of the won versus the dollar amid the greenbac...
Jun 13, 2023 (Gmt+09:00)
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Robotics
HL Klemove partners with Neubility to develop self-driving robot
South Korea's self-driving technology company HL Klemove has partnered with Neubility, a domestic autonomous driving robot service platform, to coll...
Jun 12, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Financial chief in Europe to meet with BNP Paribas, investors
Jin Ok-dong, chairman of Shinhan Financial Group Co., is off to Europe for investor relations sessions with its shareholders, including BNP Paribas ...
Jun 08, 2023 (Gmt+09:00)
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Chemical Industry
Hyosung Chemical’s credit rating downgraded one notch
Korea Investors Service downgraded the unsecured bond credit rating of Hyosung Chemical on Thursday from A to A-, saying that its profit-generating ...
Jun 08, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to supply new Exynos auto chip to Hyundai in close tie-up
Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it will supply one of its latest automotive chips to Hyundai ...
Jun 07, 2023 (Gmt+09:00)
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Fintech
S.Korea's Mirae Asset, Hana Financial Group form security token tie-up
South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance...
Jun 01, 2023 (Gmt+09:00)
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K-pop
BTS’ 10th anniversary T-shirts to go on sale June 12
South Korean fashion platform W Concept announced on Thursday that it will release a limited number of T-shirts commemorating the 10th anniversary o...
Jun 01, 2023 (Gmt+09:00)
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Korean startups
Korean AI startup ActionPower poised to outdo OpenAI, Google: CEO
ActionPower Corp. founded in 2016 is small and young compared to Big Tech companies or heavily funded startups like OpenAI but it is mighty enough t...
May 31, 2023 (Gmt+09:00)
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Future mobility
KAI joins project to develop hydrogen-powered aircraft
South Korea's aerospace and defense company Korea Aerospace Industries Ltd. (KAI) on Wednesday said it joined a project of industry, academic and re...
May 31, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung takes steps toward XR device processor chips
Samsung Electronics Co. has been taking steps to develop extended reality (XR) device processor chips to challenge Qualcomm Technologies Inc. and Go...
May 28, 2023 (Gmt+09:00)
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Sports
Hyundai renews FIFA sponsorship; Boston Dynamics, Supernal join
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, said on Friday they have extended their FIFA partnerships through ...
May 26, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Shift Up scouts former OpenAI engineer
South Korea's game develop and design studio Shift Up has hired AI developer Kim Tae-hoon, who hails from Silicon Valley, to enhance its game artifi...
May 26, 2023 (Gmt+09:00)
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K-pop
Festival celebrating BTS’ 10th anniversary to be held in Seoul in June
BTS Festa 2023, a festival celebrating the 10th anniversary of BTS' debut, will take place June 12-25 across Seoul, their agency Big Hit Music annou...
May 25, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean space rocket Nuri launch postponed due to technical issues
The launch of South Korea's space rocket Nuri, scheduled for Wednesday afternoon, was postponed hours ahead of schedule."During the preparations for...
May 24, 2023 (Gmt+09:00)