The Defense Acquisition Program Administration (DAPA)
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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The KED View
Following Japan’s economic decline
When it comes to the economy, would it be faster for South Korea to surpass Japan or be surpassed by Taiwan?Recently, all eyes are on the three East...
Apr 29, 2022 (Gmt+09:00)
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Economy
Yoon administration to launch strategic committee for semiconductors
President-elect Yoon Suk-yeol’s transition team announced Thursday it is considering a joint public-private committee that will be in charge o...
Apr 22, 2022 (Gmt+09:00)
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Korean startups
Top-ranking S.Korean universities become hotbeds for promising startups
South Korean universities have become hotbeds for promising startups. Leading the trend are two of the country's best-known higher education ...
Apr 21, 2022 (Gmt+09:00)
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Bio & Pharma
Boryung takes 'health is wealth' to whole new level – space
South Korean biotech and pharmaceutical companies are expanding their footholds in the global space medicine market. Boryung, formerly Boryung Pharm...
Apr 20, 2022 (Gmt+09:00)
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Robotics
KT showcases AI-powered robots, traffic control program at tech fair
KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...
Apr 20, 2022 (Gmt+09:00)
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Beauty & Cosmetics
LG Household acquires The Crème Shop for US expansion
LG Household & Health Care Ltd. has acquired a controlling stake in The Crème Shop Inc. as it seeks to expand its presence in the US beau...
Apr 20, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha breaks ground on howitzer plant in Australia
South Korea’s Hanwha Defense Co., the world’s top self-propelled howitzer producer, has kicked off the construction of its first oversea...
Apr 10, 2022 (Gmt+09:00)
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Korean stock market
Instant noodle stocks boosted by largest exports in March
South Korea’s instant noodle stocks, such as Ottogi Co., Nongshim Co. and Samyang Foods Co. are rebounding amid expectations of performance im...
Apr 07, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Philippines LCS Group buys Korea’s special purpose vessel maker
The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...
Apr 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Kakao Piccoma acquires Japan’s cryptocurrency exchange SEBC
Kakao Corp., South Korea’s top mobile messenger app operator, has acquired a controlling stake in Sakura Exchange BitCoin (SEBC), a Japanese c...
Apr 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
SK Hynix considers joint acquisition of UK chip designer Arm
South Korea's SK Hynix Inc. is considering forming a consortium with other strategic investors to buy Arm Ltd., a British semiconductor design compa...
Mar 30, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Naver subsidiary splurges on metaverse, resell platform acquisitions
Snow Corp., a subsidiary of South Korea’s tech behemoth Naver Corp., has either already invested, or is slated to invest, in 11 companies so f...
Mar 29, 2022 (Gmt+09:00)
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Energy
Hanwha Solutions wins France's solar farm project
Q Cells, a renewable energy division of South Korea's Hanwha Solutions Corp., has clinched a large-scale solar energy project in France, acceleratin...
Mar 28, 2022 (Gmt+09:00)
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Beauty & Cosmetics
LG Household to lower reliance on Chinese market as shares slump
LG Household & Health Care Ltd. was one of the most coveted shares on the Korean bouse in the past couple of years as the company basked in the ...
Mar 25, 2022 (Gmt+09:00)
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Entertainment
CJ ENM drops split-off plan; to set up new film studio
CJ ENM Co., South Korea’s entertainment giant, has dropped a plan to carve out its content production business into a new unit in the face of ...
Mar 25, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Dept. Store to buy Zinus for $735 mn
South Korea’s major retailer Hyundai Department Store Group is set to buy Zinus Inc., a maker of best-selling mattresses in North America for ...
Mar 22, 2022 (Gmt+09:00)
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Corporate strategy
Samsung looks to metaverse, robots for future growth
South Korea's Samsung Electronics Co. is eyeing the metaverse and robotics as keys to the global tech giant’s future. At the same time, it is ...
Mar 16, 2022 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1, Eugene plan $80.5 mn fund for Korea defense startups
LIG Nex1 Co., South Korea’s major defense exporter, plans to set up a $80.5 million venture investment fund with Eugene Investment & Secur...
Mar 16, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha, Poongsan, LIG Nex1 clinch $989 mn Saudi defense deals
South Korea’s three defense-related companies have signed a combined 3.71 billion Saudi riyal ($989 million) contract to supply ammunition and...
Mar 10, 2022 (Gmt+09:00)
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War in Ukraine
Korea defense firms in spotlight amid Russia-Ukraine war
South Korea’s defense makers are in the spotlight as nations are expected to boost their military power amid the Russia-Ukraine war. Industry ...
Mar 07, 2022 (Gmt+09:00)
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M&As
Korea Investment in $4.4 bn lending group for Tropicana deal
Korea Investment & Securities Co. will arrange senior and mezzanine loans for Paris-based PAI Partners to fund its acquisition of Tropicana an...
Feb 28, 2022 (Gmt+09:00)
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Metaverse
Kakao’s incoming CEO to launch two metaverse platforms
‘Beyond Korea’ is South Korean tech juggernaut Kakao Corp.’s new vision for the future. Kakao’s new CEO nominee Namkoon...
Feb 25, 2022 (Gmt+09:00)
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Infrastructure
Partners Group wins $620 mn Korean LPs mandate for infra
Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...
Feb 25, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Defense secures land for K9 howitzer production in Australia
Hanwha Defense Co. announced Wednesday it has secured a large property in Australia for building a production facility for the K9 Thunder self-prope...
Feb 23, 2022 (Gmt+09:00)
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Mergers & Acquisitions
SK Ecoplant buys e-waste recycling firm for $1 bn
South Korea's SK Ecoplant Co. has acquired Singapore-based electronic waste (e-waste) disposal and recycling company TES Envirocorp Pte. Ltd for $1 ...
Feb 21, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LG Energy acquires ESS company in US from Japan's NEC
LG Energy Solution Ltd. has acquired US-based NEC Energy Solutions to expand its capabilities into the energy storage system (ESS) integration mar...
Feb 17, 2022 (Gmt+09:00)
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Private equity
Stockbridge names former NPS real estate expert as its MD
Stockbridge Capital Group LLC, a US real estate investment firm, announced on Feb. 10 that David Park has joined the firm as a managing director. ...
Feb 14, 2022 (Gmt+09:00)
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Aerospace & Defense
Defense giants eager to bolster satellite business
In the era of space privatization, satellites are the driving forces.South Korea’s main defense systems makers are turning away from arms expo...
Feb 11, 2022 (Gmt+09:00)
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Pension funds
Construction Workers taps former Credit Union head as new CIO
Construction Workers Mutual Aid Association (CWMA) has named Lee Seong-yeong as its new chief investment officer and is in the final stage of the no...
Feb 08, 2022 (Gmt+09:00)