green mobility business
Scope
Date
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Energy
GS Energy to create renewable JV with Spain’s Iberdrola
South Korea’s leading oil and gas company GS Energy Corp., a wholly-owned subsidiary of GS Holdings, and Spain’s largest utility company...
Jun 16, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor chairman sees future in self-driving, robot businesses
Hyundai Motor Group Chairman Chung Euisun is in the United States seeking business opportunities in one of the South Korean automotive group’s...
Jun 16, 2021 (Gmt+09:00)
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Electric vehicles
Kia, Uber form electric mobility partnership in Europe
South Korea’s second-largest automaker Kia Corp. has forged a partnership with Uber Technologies Inc. to supply electric vehicles in Europe fo...
Jun 16, 2021 (Gmt+09:00)
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Markets
Kakao becomes 3rd most valuable company in Korea
Kakao Corp. is now the third most valuable company in Korea, after Samsung Electronics Co. and SK Hynix Inc.Kakao’s market cap on June 15 surp...
Jun 15, 2021 (Gmt+09:00)
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Robotics
Samsung Electronics to market wearable robot for healthcare by year-end
Samsung Electronics Co. will commercialize a wearable robot for healthcare by the end of this year as the South Korean tech giant is delving into th...
Jun 15, 2021 (Gmt+09:00)
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Healthcare
KT makes another step beyond telecom, enters digital therapy sector
The telecom companies in South Korea, one after another, are taking bold steps outside their traditional turf of mobile business. They are eng...
Jun 15, 2021 (Gmt+09:00)
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IPOs
Hyundai Oilbank revives IPO push, expands blue hydrogen business
South Korean refiner Hyundai Oilbank Co. is seeking to list its shares on the local bourse next year, according to its parent Hyundai Heavy Industri...
Jun 15, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Nature Holdings beats Shinsegae, CJ to join TaylorMade deal
The Nature Holdings, a South Korean importer of popular apparel brands such as National Geographic, Jeep, NFL and Vera Wang, has been chosen as the ...
Jun 14, 2021 (Gmt+09:00)
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Venture capital
NPS joins in TPG-led $125 mn funding for Kakao Mobility
The National Pension Service has committed $100 million to a TPG consortium that recently raised $116.8 million to invest in Kakao Mobility Co., Sou...
Jun 10, 2021 (Gmt+09:00)
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Rights offerings
Hanwha Systems’ $1 bn rights offer oversubscribed; investors to book gains
South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...
Jun 07, 2021 (Gmt+09:00)
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Business & Politics
Citibank alludes to S.Korean retail business closure
Citibank Korea will begin to examine ways to gradually liquidate its consumer banking business as it faces difficulties in selling the retail operat...
Jun 04, 2021 (Gmt+09:00)
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Mobile networks
Samsung unveils low-end 5G phone to rival China’s cheap models
Samsung Electronics Co. on Friday launched a low-end 5G smartphone in overseas markets amid intensified price competition initiated by Chinese mobil...
Jun 04, 2021 (Gmt+09:00)
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Korean SMEs
Camera module supplier Partron eyes record sales, considers affiliate IPO
South Korea’s Partron Co., specialized in electronic parts for telecommunication devices, started as a mobile phone antenna maker in 2003 afte...
Jun 04, 2021 (Gmt+09:00)
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Entertainment
HYBE raises $400 mn in a move to diversify BTS-dependent portfolio
HYBE Co., the global entertainment powerhouse behind BTS, has successfully closed its previously announced rights offering to raise 445.5 billion wo...
Jun 03, 2021 (Gmt+09:00)
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Chief Executives
Com2uS, Gamevil Chairman Song Byung-joon: Mobile game pioneer, sports enthusiast
About eight years ago on Oct. 5, 2013, Song Byung-joon, the then-chief executive of South Korean mobile game developer Gamevil Inc., visited the off...
Jun 02, 2021 (Gmt+09:00)
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Business & Politics
LG Electronics expands overseas appliance plants as it exits phone business
LG Electronics Inc. is expanding its overseas production facilities as the South Korean home appliance giant is shifting gears toward new growth dri...
Jun 02, 2021 (Gmt+09:00)
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Carbon neutrality
Korea’s OCI to return to highest profit in decade on rising polysilicon prices
OCI Co., a South Korean chemical and green energy company, has been in the red for years, weighed by weak prices of its mainstay product polysilicon...
May 30, 2021 (Gmt+09:00)
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Hydrogen economy
POSCO chairman: Future at stake without co's hydrogen push
Choi Jeong-woo, chairman of POSCO, South Korea’s largest steelmaker, said it’s no exaggeration to say that the company’s future is...
May 27, 2021 (Gmt+09:00)
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Webtoons
Concurrent deal closings by Kakao, Naver: Mere coincidence?
Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...
May 24, 2021 (Gmt+09:00)
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Webtoons
Kakao Japan secures over $500 mn from Anchor Equity; valuation tops $7 bn
Kakao Corp.’s Japanese unit is set to secure 600 billion won ($530 million) from South Korea-based private equity firm Anchor Equity Partners....
May 20, 2021 (Gmt+09:00)
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Water technology
LG Chem's water filter business thrives amid high demand in Middle East
LG Chem Ltd., the parent company of South Korea’s leading battery maker LG Energy Solution Co., is enjoying a strong rise in demand for its wa...
May 20, 2021 (Gmt+09:00)
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Asset management
Woori Financial takes over Franklin Templeton’s retail fund business
Woori Financial Group has been selected to acquire Franklin Templeton Investments’ retail fund business in South Korea, less than a month sinc...
May 14, 2021 (Gmt+09:00)
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ESG
Hanwha Group secures $4.4 bn from KDB to finance ESG business
South Korea’s Hanwha Group has clinched a 5 trillion won ($4.4 billion) commitment from the state-run Korea Development Bank over the next fiv...
May 12, 2021 (Gmt+09:00)
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Batteries
Korea’s major firms look for M&A targets in battery materials business
South Korea’s major companies are looking for merger and acquisition opportunities in the rechargeable battery materials sector, which is grow...
May 06, 2021 (Gmt+09:00)
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Urban air mobility
Korean Air joins race for flying car business to rival Hyundai, Hanwha
Korean Air Lines Co. is entering into the business of urban air mobility (UAM), which is emerging as one of the most futuristic modes of transportat...
May 06, 2021 (Gmt+09:00)
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Earnings
LG Electronics expects auto parts business to turn profitable in H2
South Korea’s LG Electronics Inc. said on Thursday it expects its loss-making auto parts business to turn to profit in the second half of this...
Apr 29, 2021 (Gmt+09:00)
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Earnings
LG Chem delivers Q1 earnings surprise on cash-cow petrochem business
South Korea’s LG Chem Ltd. said on Wednesday that its quarterly revenue and operating profit rose to all-time highs in the January-March perio...
Apr 28, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor pilots EV mobility service for pets
Hyundai Motor Group will pilot an urban mobility service for pets in Seoul, using a specially designed Ray EV model by Kia Corp. The group said on A...
Apr 26, 2021 (Gmt+09:00)
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Business & Politics
Hyundai Motor chairman visits US, seeks business opportunities
Hyundai Motor Group Chairman Chung Euisun is visiting the United States seeking business opportunities in one of the South Korean automotive group&r...
Apr 23, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix co-vice chairman hints at expanding foundry business
SK Hynix Inc., the world’s second-largest memory chipmaker, may expand its foundry business as a growing number of industries are suffering fr...
Apr 22, 2021 (Gmt+09:00)
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