TechInsights research firm
Scope
Date
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Korean startups
Hyundai Motor spins off 3 in-house startups in innovative sectors
Hyundai Motor Group said on Tuesday it has spun off three promising in-house startups, which the South Korean automotive group has nurtured as part ...
Aug 29, 2023 (Gmt+09:00)
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Bio & Pharma
Voronoi to strengthen AI-driven open innovation
South Korea’s biotechnology startup Voronoi Inc. announced on Monday that it is intensifying its artificial intelligence (AI)-driven new drug ...
Aug 28, 2023 (Gmt+09:00)
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Batteries
Korean firms fret over growing adoption of Chinese LFP batteries
South Korea’s three major battery makers – LG Energy Solution Ltd., SK On Co. and Samsung SDI CO. – are increasingly anxious about...
Aug 28, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus’ platform push gains traction with active venture funding
LG Uplus Corp., South Korea’s third-largest mobile carrier, which has joined its two bigger local rivals in a race to expand non-telecom servi...
Aug 28, 2023 (Gmt+09:00)
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Asset management
DGB Fin to set up asset management firm in Singapore
South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...
Aug 28, 2023 (Gmt+09:00)
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Bio & Pharma
JW Pharma to participate in S.Korea’s new drug project
South Korea's JW Pharmaceutical announced on Monday that its experimental hair loss drug, JW0061, has been selected for a two-year funding program b...
Aug 28, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korea names 20 fabless firms to receive government support
South Korea is set to bolster support for local fabless companies, which design and sell chips, with an aim to grow the firms into global semiconduc...
Aug 28, 2023 (Gmt+09:00)
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Batteries
IS Dongseo buys EV battery recycling firm BTS Technology
IS Dongseo Co., a South Korean waste management company, has acquired Slovakia-based battery recycling company BTS Technology Ltd. for 37.5 billion ...
Aug 25, 2023 (Gmt+09:00)
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Energy
POSCO E&C to build offshore wind power plant with Norwegian firm
South Korea’s POSCO E&C, formerly POSCO Engineering and Construction, and a Norwegian company are promoting the Ulsan Firefly project, the...
Aug 25, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion considers listing holding firm after merger of 3 units
South Korean drug giant Celltrion Group will consider listing its holding company if necessary, after it completes the merger of three affiliates &n...
Aug 24, 2023 (Gmt+09:00)
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Regulations
More Korean FSS retirees find jobs in legal, financial biz
More retirees of the Financial Supervisory Service (FSS) are snagging new jobs at private companies such as the banks they regulated during their te...
Aug 23, 2023 (Gmt+09:00)
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Economy
Korea’s smaller firms embrace older, experienced workforce
South Korea’s liquid filtration system developer Neos Corp. has seven employees, all seasoned mechanical and electrical engineers in their 60s...
Aug 23, 2023 (Gmt+09:00)
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Investment banking
Mirae Asset Securities exceeds $3 bn in overseas equity
Mirae Asset Securities Co. said on Tuesday it owns more than 4 trillion won ($3 billion) of equity capital in overseas operations as of June 30 of t...
Aug 22, 2023 (Gmt+09:00)
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Business & Politics
Korea’s business lobby group FKI goes down in history in disgrace
The Federation of Korean Industries (FKI), the voice of the conglomerates that formed the engine of the South Korean economy for more than five deca...
Aug 22, 2023 (Gmt+09:00)
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Korean stock market
MXene: Korean investors’ next target after superconductor craze fizzles
Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...
Aug 21, 2023 (Gmt+09:00)
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Healthcare
Hyundai Department Store, Nestlé forge dietary supplement alliance
Hyundai Department Store Group has chosen multinational food giant Nestlé S.A. as a partner in its long-term drive to expand its bio and heal...
Aug 21, 2023 (Gmt+09:00)
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Korean games
Gaming giant Krafton to pour additional $150 mn into India
South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), is slated to ramp up investment...
Aug 18, 2023 (Gmt+09:00)
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Economy
Seoul’s slow but enduring push to be Asia’s premier financial hub
It is a long-cherished dream of Seoul, the capital city of South Korea, to present itself to the world as Asia’s prime financial hub, but the ...
Aug 18, 2023 (Gmt+09:00)
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Energy
Daewoo E&C, KAERI to team up for nuclear tech research
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) announced on Friday that it signed a research collaboration memorandum of u...
Aug 18, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm to export epilepsy drug tech to Middle Eastern firm
South Korea's SK Biopharmaceuticals announced on Friday a strategic tie-up with Hikma MENA FZE, marking the introduction of its new epilepsy medicat...
Aug 18, 2023 (Gmt+09:00)
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Corporate investment
LG bets big on promising technologies for future growth
LG Group, South Korea’s fourth-largest conglomerate, is accelerating its investment in promising tech companies across the world despite the l...
Aug 17, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Mirae Asset Global Investments buys Australian robo-advisor firm
South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...
Aug 16, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Nomura says new shipbuilding orders peaked; Korean firms refute
Nomura Securities recently said global new shipbuilding orders likely peaked in 2022, slashing its stock recommendation rating on industry leader HD...
Aug 15, 2023 (Gmt+09:00)
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Bio & Pharma
Korean C&R Research to set up US, Thai units for global biz
C&R Research Inc., South Korea’s top contract research organization (CRO), plans to establish units in the US and Thailand this year while...
Aug 14, 2023 (Gmt+09:00)
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Korean stock market
KCGI Asset Management appoints former KIS head as new CMO
South Korea’s KCGI Asset Management, formerly Meritz Asset Management, announced on Friday that it has hired Cho Won-bok, former division head...
Aug 11, 2023 (Gmt+09:00)
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Shareholder value
SK Square to buy back $152 mn of its stocks by March 2024
South Korean investment firm SK Square Co. will buy back 200 billion won ($151.9 million) worth of corporate shares by March of next year as an effo...
Aug 09, 2023 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco secures 12 global pharma clients, sets up US R&D center
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured 12 global pharm...
Aug 09, 2023 (Gmt+09:00)
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Airlines
Hanjin KAL secures liquidity to keep chairman's control of firm
Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is actively raising money via bond issuances and sale of prope...
Aug 08, 2023 (Gmt+09:00)
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Earnings
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...
Aug 08, 2023 (Gmt+09:00)
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Construction & Planning
Heerim wins supervision contract for Vietnam's Long Thanh Airport
South Korea's Heerim Architects & Planners announced on Monday that it has signed a construction-phase supervision and advisory contract for the...
Aug 07, 2023 (Gmt+09:00)