defense industry
Scope
Date
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Venture capital
Venture capital heavyweights tighten belts after 13-year spending spree
Venture capital firms at home and abroad are tightening their belts, following growing concerns over inflation and continued interest hikes by maj...
May 26, 2022 (Gmt+09:00)
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Corporate investment
Bio, mobility to top Lotte's $30 bn spending list by 2026
South Korea’s Lotte Group will spend a total of 37 trillion won ($29 billion) on its businesses over the next five years, a chunk of which wil...
May 25, 2022 (Gmt+09:00)
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Corporate investment
Hanwha to boost defense, aerospace biz with $2.1 bn spending
Hanwha Group, South Korea’s chemical-to-financial conglomerate, is set to invest 37.6 trillion won ($29.8 billion) in future growth sectors su...
May 25, 2022 (Gmt+09:00)
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Korean chipmakers
Hanmi Semiconductor among top 10 chip machine makers: TechInsights
Hanmi Semiconductor Co., a South Korean chip equipment manufacturer, has been chosen as one of the world’s top 10 chip fabrication machine mak...
May 24, 2022 (Gmt+09:00)
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Venture capital
Humbling experience leads to VC success – LG Tech Ventures CEO
Kim Dong-su, CEO of Silicon Valley-based LG Technology Ventures said that the failures he experienced while working at a boutique investment firm ha...
May 24, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems joins hands with Italy's Leonardo for radar exports
South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...
May 24, 2022 (Gmt+09:00)
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Robotics
POSCO to deploy more industrial robots at workplaces
POSCO Group, which owns South Korea’s largest steelmaker, plans to deploy more industrial robots at its factories to improve productivity and ...
May 20, 2022 (Gmt+09:00)
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Entertainment
Korea's key movie firm to push content production M&As
In recent years, the content creation industry in South Korea has been a key investment sector for local investment banks. Some major content produc...
May 16, 2022 (Gmt+09:00)
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Mergers & Acquisitions
S.Korean CEOs chase M&A targets in same industry
Some 72% of South Korea's chief executives surveyed by consulting firm EY intend to carry out M&As within the next 12 months to increase their m...
May 10, 2022 (Gmt+09:00)
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Energy
Korea’s new govt. aims to export 10 nuclear power plants
South Korea’s incoming administration seeks to export 10 nuclear power plants by 2030 as President-elect Yoon Suk-yeol pledged to rescind the ...
May 03, 2022 (Gmt+09:00)
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The KED View
Can Samsung Electronics ever catch up to foundry leader TSMC?
For years, Samsung Electronics Co. has been touted as the backbone of the South Korean economy, Asia’s fourth-largest, under the government&rs...
May 03, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor, battery firms strive to limit China lockdown disruptions
The growing fears of a Beijing lockdown are prompting South Korea’s top automaker Hyundai Motor Co. and battery makers, already suffering from...
May 02, 2022 (Gmt+09:00)
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Earnings
SK Hynix posts record Q1 sales buoyed by Solidigm, may build another fab
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it is considering building another chip fabrication line after p...
Apr 27, 2022 (Gmt+09:00)
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Korean SMEs
S.Korean boiler manufacturers turn to overseas markets
Kyungdong Navien Co. revealed on Sunday that overseas sales account for more than 60% of its total sales on the back of strong exports to the United...
Apr 25, 2022 (Gmt+09:00)
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Corporate restructuring
SK’s gas unit to sell production facility for $809 mn
South Korean conglomerate SK Group’s industrial gas-making unit is set to sell a local production facility for about 1 trillion won ($809 mill...
Apr 19, 2022 (Gmt+09:00)
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Electric vehicles
Korean refiners: Lubricating the future of electric vehicles
With the rise of electric vehicles globally, South Korea’s major oil refiners are jockeying to become leading suppliers of lubricants and cool...
Apr 17, 2022 (Gmt+09:00)
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Electric vehicles
IONIQ 5 emerges as EV game changer with industry accolades
NEW YORK – Hyundai Motor Co.'s all-electric IONIQ 5 crossover has been named the World Car of the Year following a series of recent indus...
Apr 14, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Chung named auto industry Visionary of the Year
Hyundai Motor Group Chairman Chung Euisun was named the automobile industry's Visionary of the Year by Newsweek, which credited him for driving tran...
Apr 13, 2022 (Gmt+09:00)
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Blockchain
Hanwha Solutions CEO meets with US blockchain VCs
President and co-CEO of Hanwha Solutions Corp. Kim Dong-kwan met with heads of major blockchain venture capital firms while visiting the United Stat...
Apr 11, 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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Corporate restructuring
Dongwon Industries becomes new holding firm of seafood conglomerate
Dongwon Group, South Korea’s leading seafood and logistics conglomerate, will undergo corporate restructuring with Dongwon Industries Co. emer...
Apr 08, 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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Korean startups
Startups need to embrace ESG, industry insiders say
Environmental initiatives such as RE100 and high Environmental, Social, and Governance (ESG) standards are not just for conglomerates anymore, accor...
Apr 06, 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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Markets
HMM shares weighed by overhang concerns despite soaring profit
South Korea’s largest container line HMM Co. has seen its shares trapped in a boxed range over the past few months despite its spectacular ear...
Mar 24, 2022 (Gmt+09:00)
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Korean startups
Service robot maker Bear Robotics raises $81 mn in Series B
South Korea’s robotics startup Bear Robotics Inc. announced Wednesday it raised $81 million in Series B funding from venture capital heavywe...
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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Korean startups
Nine out of 10 VC heads in S.Korea say startups overvalued: Survey
Heads of South Korea’s leading venture capital firms say domestic startups have entered a phase of overvaluation. The Korea Economic Dail...
Mar 15, 2022 (Gmt+09:00)
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Electric vehicles
Korea automakers fret over Yoon’s policy on combustion engine cars
South Korea’s automakers were on high alert as President-elect Yoon Suk-yeol pledged to ban new registrations of internal combustion engine ca...
Mar 14, 2022 (Gmt+09:00)
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Korean games
Pearl Abyss releases mobile game Black Desert in China in April
South Korean game developer and publisher Pearl Abyss set a China release date of April 27 for its cross-platform MMORPG Black Desert on the App Sto...
Mar 10, 2022 (Gmt+09:00)
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