digital power and energy management solutions
Scope
Date
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Private equity
EQT sells Shinhan Financial stake in block deal at 30% IRR
EQT Private Capital Asia sold 415.5 billion won ($311.9 million) worth of shares in South Korea’s Shinhan Financial Group Co. in a block deal ...
Mar 07, 2024 (Gmt+09:00)
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Electric vehicles
SK Signet to supply EV fast chargers in Ohio
SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Thursday that it will supply fast chargers to the site of the...
Mar 07, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset rebrands Canadian subsidiary to Global X
South Korea's Mirae Asset Global Investments Co. announced on Thursday that it will change the name of its Canadian exchange-traded fund (ETF) manag...
Mar 07, 2024 (Gmt+09:00)
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Insurance
Lotte Insurance's value rises with long-term care expansion
When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...
Mar 06, 2024 (Gmt+09:00)
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Robotics
Naver to unveil world’s first web platform-enabled robotics OS
South Korea’s online giant Naver Corp. is set to make inroads into the global robotics operating system market by unveiling the world’s ...
Mar 05, 2024 (Gmt+09:00)
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Automobiles
BMW unveils PHEV sedan New 530e in S.Korea
BMW Korea announced on Tuesday that it unveiled the plug-in hybrid (PHEV) sedan model The New 530e in the domestic market. According to BMW Kor...
Mar 05, 2024 (Gmt+09:00)
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Electronics
Samsung’s Family Hub Plus gets UL certification
Samsung Electronics Co. said on Tuesday that its 2024 Bespoke Refrigerator with Family Hub Plus has achieved the Diamond grade in an Internet of Thi...
Mar 05, 2024 (Gmt+09:00)
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Batteries
LG Energy accelerates EV battery swapping services
Kooroo, the first in-house venture of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., said on Tuesday it is...
Mar 05, 2024 (Gmt+09:00)
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Energy
LS Eco Energy to supply UHV cables to Singapore's EMA
South Korea's LS Eco Energy Ltd. announced on Tuesday that its Vietnamese production subsidiary, LS-VINA, will supply 12 billion won ($8.99 million)...
Mar 05, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix explores HBM chip collaboration with Kioxia
SK Hynix Inc. is exploring collaboration with Japanese chipmaker Kioxia Holdings Corp. to produce high bandwidth memory (HBM) chips, which have been...
Mar 04, 2024 (Gmt+09:00)
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Batteries
Tesla, Korea's EcoPro presumed to enter battery materials deal
Tesla Inc., the world’s No. 2 electric vehicle maker, is believed to have agreed to procure battery ingredients from South Korea’s EcoPr...
Mar 04, 2024 (Gmt+09:00)
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Corporate restructuring
SK D&D relaunches renewable energy business spin-off as SK Eternix
SK D&D Co., a real estate unit of South Korea’s SK Group, said on Monday it has completed the planned spin-off of its renewable energy bus...
Mar 04, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai’s IONIQ 6: Most efficient electric vehicle in US
Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the most energy-efficient vehicle in the US, further driving the South Korean automaker&rs...
Mar 04, 2024 (Gmt+09:00)
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Real estate
IGIS Asset Management's controlling stake put on sale
South Korea’s IGIS Asset Management Co., one of the largest real estate firms in Asia, has put the company’s 25% stake plus control prem...
Feb 29, 2024 (Gmt+09:00)
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Energy
CSCEC, SK Ecoplant in $1.9 bn Egypt renewable energy deal
China State Construction Engineering Corp. (CSCEC), the world’s largest builder, and South Korea’s SK Ecoplant Co. are set to team up on...
Feb 29, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Wanted Lab, Digital Hearts to support S.Korean, Japanese startups
South Korea’s human resources (HR) management tech company Wanted Lab Inc. announced on Thursday that it has signed a memorandum of understand...
Feb 29, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung flexes NAND muscle with high-capacity microSD cards
Samsung Electronics Co. on Wednesday unveiled two new microSD cards boasting high performance and capacity usually found in solid-state drives (SSDs...
Feb 28, 2024 (Gmt+09:00)
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Earnings
SoftBank-backed Coupang posts 1st-ever annual profit in 2023
South Korea’s leading e-commerce platform Coupang Inc. on Wednesday posted its first-ever operating profit of $473 million in 2023, driven by ...
Feb 28, 2024 (Gmt+09:00)
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Fintech
Hana Bank, Fount to co-work for robo-advisor service
South Korea's Hana Bank announced on Tuesday that it has signed a business agreement with robo-advisor company Fount Investment Co. to launch a reti...
Feb 27, 2024 (Gmt+09:00)
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Energy
KHNP, Centrus sign LOI for nuclear fuel supply
Korea Hydro & Nuclear Power Co. (KHNP) announced on Monday that it has signed a letter of intent (LOI) with the US-based Centrus Energy Corp. to...
Feb 27, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung to launch its 1st Galaxy Ring in H2 2024
Samsung Electronics Co. will launch its first Galaxy Ring in the second half of this year as the South Korean tech giant is finalizing research and ...
Feb 27, 2024 (Gmt+09:00)
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Energy
Korea-led group wins Indonesia's power plant service deal
A consortium led by South Korean companies has bagged 130 billion won ($98 million) worth of an offshore plant service order from Indonesia under a ...
Feb 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia enjoy renewed popularity of LPG trucks Porter, Bongo
Many economists are trumpeting weak business conditions for the coming months. But an economic slowdown isn’t all that bad for Hyundai Motor C...
Feb 26, 2024 (Gmt+09:00)
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Energy
Hyundai E&C likely to win Bulgaria’s nuclear project
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C) was picked as the preferred bidder for Bulgaria's new nuclear react...
Feb 26, 2024 (Gmt+09:00)
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Earnings
KEPCO narrows losses with 2nd straight quarterly profit
South Korea’s power utility Korea Electric Power Corp. (KEPCO) on Friday posted its second straight quarterly profit, sharply above market for...
Feb 23, 2024 (Gmt+09:00)
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Batteries
EV battery makers' silicon anode demand set for take-off
The global market of silicon anode, a lithium-ion battery component garnering attention due to its higher energy capacity and faster charging than g...
Feb 23, 2024 (Gmt+09:00)
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Korean startups
AIMMO’s global push gains speed with US foray
South Korean AI-powered data solution-providing startup AIMMO Inc. is expediting its global push with an aggressive advance into the US market, wher...
Feb 23, 2024 (Gmt+09:00)
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Electronics
LG Innotek establishes $108 mn win-win growth fund
South Korea's LG Innotek announced on Friday that it held the 2024 Win-win Growth Partnership Day on the previous day.LG Innotek signed the 2024 Fai...
Feb 23, 2024 (Gmt+09:00)
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Alternative investments
Mid-caps in digitization have strong upside potential: Partners Group
Global fund manager Partners Group Holding AG, one of the largest listed private equity firms in Europe headquartered in Switzerland managing $147 b...
Feb 23, 2024 (Gmt+09:00)
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Bio & Pharma
SK C&C wins Korea’s nod for brain infarct diagnosis AI solution
SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, said on Thursday it has secured medical device...
Feb 22, 2024 (Gmt+09:00)