US investment
Scope
Date
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Korean startups
Venture downturn keeps Korean unicorns from acquisitions
South Korean unicorns, or private companies worth $1 billion or more, are increasingly refraining from taking over smaller startups for business exp...
Feb 16, 2024 (Gmt+09:00)
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Automobiles
South Korea's car exports to US hit record high in 2023
South Korea’s car exports to the US surged 44.6% on-year to a record high of $32.2 billion in 2023, making up the lion’s share of South ...
Feb 16, 2024 (Gmt+09:00)
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Leadership & Management
Sindoh to tap ex-STIC Investments exec Seo as CEO, spur M&As
Sindoh Co., a leading manufacturer of multi-functional printers in South Korea, is set to tap an investment banking expert as its chief executive. W...
Feb 15, 2024 (Gmt+09:00)
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Korean stock market
Foreign investors net buyers of Korean stocks for 3rd straight month
Foreign investors bought more South Korean stocks and bonds in January, extending their buying spree to three months.The Financial Supervisory Servi...
Feb 15, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem, CJ CheilJedang to launch eco-friendly bio-nylon joint venture
South Korea’s top chemicals maker LG Chem Ltd. and food and biotechnology firm CJ CheilJedang Corp. have agreed to launch an eco-friendly bio-...
Feb 15, 2024 (Gmt+09:00)
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Energy
What drives opportunity in solar power: NextEnergy Capital
NextEnergy Capital, a leading global fund manager specializing in ground-mounted solar energy, will boost its investments in renewables around the w...
Feb 14, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI to invest $76 mn in unmanned fighter jets
Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologi...
Feb 14, 2024 (Gmt+09:00)
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Batteries
LG Energy to buy more Australian lithium for US EV benefits
LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) battery maker, said on Wednesday it was set to buy more lithium, a ke...
Feb 14, 2024 (Gmt+09:00)
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Steel
POSCO chairman nominee to prop up ailing steel business
The chairman nominee of POSCO Holdings Inc., the parent of the world’s No. 7 steelmaker POSCO, is expected to concentrate on improving its cor...
Feb 13, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Qoo10 buys US e-commerce platform Wish for $173 mn
Southeast Asia-focused e-commerce platform Qoo10 Pte. has agreed to acquire Wish, a US online marketplace, for $173 million from Nasdaq-listed Conte...
Feb 13, 2024 (Gmt+09:00)
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Advertising & Marketing
POSCO Int’l wins Mercury Awards for video ad
POSCO International Corp. announced on Tuesday that it has received the Honors Award in the Corporate Identity Video category at the prestigious Mer...
Feb 13, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Doosan to form $75 mn fund for new techs
Doosan Investment, the corporate venture capital (CVC) arm of South Korea's Doosan Group, has formed a 100 billion won ($75 million) fund, focusin...
Feb 08, 2024 (Gmt+09:00)
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Alternative investments
S.Korean investors name their 42 favorite alternative asset managers
Apollo Asset Management, Warburg Pincus and Lexington Partners are South Korean institutional investors’ most preferred private equity firm...
Feb 08, 2024 (Gmt+09:00)
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Corporate investment
Warren Buffett’s IMC to invest $98 million in Daegu for chip materials plant
DAEGU – The IMC Group, owned by Warrant Buffett’s Berkshire Hathaway Inc., will invest 130 billion won ($98 million) to build a semicond...
Feb 07, 2024 (Gmt+09:00)
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Tech, Media & Telecom
One Store attracts $50 mn investment from Digital Turbine
South Korean homegrown app store One Store Co. has attracted a $50 million investment from the Nasdaq-listed US-based mobile platform company Digi...
Feb 07, 2024 (Gmt+09:00)
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Electronics
LG Elec named best top-load washer in US
LG Electronics Inc. 's washing machines have been selected as the Best High-Efficiency Top-Load Washers by Consumer Reports in the US, according t...
Feb 07, 2024 (Gmt+09:00)
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Leadership & Management
Jay Y. Lee heads to Middle East, Malaysia for next Samsung takeoff
Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to the Middle East in his first overseas trip since a South Korean court...
Feb 06, 2024 (Gmt+09:00)
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Batteries
GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs
General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...
Feb 06, 2024 (Gmt+09:00)
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Automobiles
Korean tire makers poised for brisk sales on US tariff cuts
South Korean tire makers such as Hankook Tire & Technology Co., Kumho Tire Co. and Nexen Tire Corp. are expected to post new record-high revenue...
Feb 06, 2024 (Gmt+09:00)
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Korean startups
Korea needs sustainable ecosystem for startup accelerators
South Korea needs to create a “sustainable ecosystem” to nurture influential startup accelerators like US tech startup accelerator Y Com...
Feb 05, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Korean vegan makeup brand Dear Dahlia on the market
Dear Dahlia, a South Korean vegan makeup brand that operates around 300 stores across the globe, has been put on for sale for more than 100 billion ...
Feb 02, 2024 (Gmt+09:00)
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Energy
POSCO Int’l to invest $760 mn in energy business in 2024
POSCO International Corp., a South Korean general trading and energy exploration company, will invest 1 trillion won ($760 million) in its energy bu...
Feb 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia EV sales on a roll in US due to better style, pricing
Hyundai Motor Co. and its sibling Kia Corp. sold 6,627 units of electric vehicles together in the US last month, 51% more than a year ago as their d...
Feb 02, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix to build US chip packaging plant in Indiana: FT
SK Hynix Inc., the world’s second-largest memory chip producer, is reported to have picked Indiana as the site for its advanced chip packaging...
Feb 01, 2024 (Gmt+09:00)
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Chemical Industry
SK Chemicals targets US medical packaging market
South Korea's SK Chemicals Co. is targeting the US medical packaging market with its circular recycling materials. Circular recycling is SK Chemical...
Feb 01, 2024 (Gmt+09:00)
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Private debt
Korean LPs stick to private debt amid market uncertainties
South Korean limited partners will tap private debt as their most preferred asset class in 2024 to secure stable income amid geopolitical conflicts an...
Feb 01, 2024 (Gmt+09:00)
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Batteries
EcoPro partners with Cirba Solutions for battery recycling
South Korean battery materials manufacturer EcoPro Co. said on Thursday that it has signed a memorandum of understanding (MOU) with the US-based l...
Feb 01, 2024 (Gmt+09:00)
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Airlines
Japan approves Korean Air-Asiana merger
Japan has finally given the nod to the merger between South Korea’s No. 1 full-service carrier Korean Air Lines Co. and No. 2 Asiana Airlines ...
Jan 31, 2024 (Gmt+09:00)
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Venture capital
SK Networks ties up with US-based Bow Capital for investments
SK Networks Co., a South Korean trading company, joined hands with Silicon Valley-based venture capital firm Bow Capital for investment cooperation,...
Jan 31, 2024 (Gmt+09:00)
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Construction
Bando E&C commences second housing project in US
South Korea's Bando Engineering & Construction Co. announced on Tuesday that it has embarked on its second housing development project, "The Bor...
Jan 30, 2024 (Gmt+09:00)