high-performance engineering platform
Scope
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Travel & Leisure
Modetour signs agreement with mobility platform Danida
South Korea's travel agency network Modetour Network Inc. said Tuesday that it signed a memorandum of understanding (MOU) with mobility platform Dan...
Jan 18, 2023 (Gmt+09:00)
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Korean startups
Medical platform operator Integration raises $8 mn in Series B funding
Integration Inc., which operates specialized platforms for medical personnel such as Traditional Korean Medicine doctors and dentists, has raised 10...
Jan 17, 2023 (Gmt+09:00)
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Banking & Finance
Kookmin Bank launches foreign currency trading platform KB Star FX
South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...
Jan 17, 2023 (Gmt+09:00)
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ECM/DCM
S.Korean brokerage lowers stock forecast for S-Oil over poor prospects
South Korea's Eugene Investment & Securities on Monday cut S-Oil Corp.'s target share price from 140,000 won ($113.5) to 133,000 won due to a lo...
Jan 16, 2023 (Gmt+09:00)
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Corporate strategy
S.Korea's SKC Solmics changes name to SK Enpulse
South Korea's SKC Solmics, a wholly owned fine ceramics subsidiary of SKC, on Sunday said it changed its name to SK Enpulse.With 100% investment fro...
Jan 16, 2023 (Gmt+09:00)
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IPOs
Korean grocery delivery platform Oasis set for February IPO
South Korean grocery delivery platform Oasis Corp. aims to raise up to $166 million through a listing next month, becoming the country’s first...
Jan 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Innotek eyes top spot in FC-BGA substrate market
South Korea’s LG Innotek Co. will boost the production of its flip chip ball grid array (FC-BGA) packages, or high-density package substrates,...
Jan 12, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung’s new 5 nm high-performance SSD faster, uses less power
Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it is ready to produce in large quantities PM9C1a, its latest ...
Jan 12, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem to recycle marine wastes to produce plastics
South Korea's largest chemicals company LG Chem Ltd. signed a memorandum of understanding (MOU) with a domestic resource circulation start-up Netspa...
Jan 12, 2023 (Gmt+09:00)
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Chemical Industry
POSCO Chemical moves into activated carbon business
POSCO Chemical Co. will join hands with Dong-Suh Chemical Industries Co. Ltd. to move into the activated carbon business, an eco-friendly material f...
Jan 12, 2023 (Gmt+09:00)
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Automobiles
Powertrain maker Hyundai Transys set to post record-high 2022 revenue
Hyundai Transys Co., a Hyundai Motor Group unit that makes powertrains and seats, said on Wednesday that it is estimated to have achieved record-hig...
Jan 11, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Healthcare lands biosimilar deal in Brazil for 2nd straight year
South Korea's Celltrion Healthcare Co. on Tuesday said that for the second straight year, it landed an order for infliximab, an antibody used to tre...
Jan 11, 2023 (Gmt+09:00)
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Construction & Planning
Samsung Engineering wins $1.3 bn order to build ethylene plant in Qatar
South Korea's Samsung Engineering Co. said on Jan. 9 it has signed a 1.6 trillion won ($1.3 billion) contract to build the world's largest ethylene ...
Jan 09, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE to develop large-capacity fuel cells with Europe's research center
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai Co., has decided to develop fuel cells for mar...
Jan 09, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
Samsung to launch its first robot to assist with elderly care
Samsung Electronics Co., the world's largest memory chip and smartphone maker, is set to launch its first robot later this year to care for the elde...
Jan 08, 2023 (Gmt+09:00)
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Energy
SK Ecoplant to jointly develop renewable energy sources with CSCEC
South Korea's construction engineering company SK Ecoplant Co., Ltd. is going to jointly develop overseas renewable energy sources with China State ...
Jan 06, 2023 (Gmt+09:00)
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Banking & Finance
KEXIM bank issues $3.5 billion in foreign currency bonds
The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...
Jan 06, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong, Onchorus to undertake research on mRNA anticancer drugs
Daewoong Pharmaceutical said on Thursday that it has signed a joint R&D and commercialization agreement with America's biopharmaceutical venture...
Jan 05, 2023 (Gmt+09:00)
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Corporate bonds
KT receives record-high corporate bond bids of $2.3 billion
KT Corp., which boasts the nation's highest credit rating at the stable “AAA,” reached a whopping 2.89 trillion won ($2.27 billion) in c...
Jan 05, 2023 (Gmt+09:00)
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ESG
SK Shieldus acquires environmental management standard certification
South Korea's cybersecurity service provider SK Shieldus said on Wednesday that it had obtained ISO 14001, an international standard for environment...
Jan 04, 2023 (Gmt+09:00)
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Future mobility
Hyundai’s Supernal, Microsoft to collaborate on UAM projects
Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., and US tech giant Microsoft Corp. have agreed...
Jan 04, 2023 (Gmt+09:00)
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K-pop
Blackpink's 'Ddu-du Ddu-du' music video surpasses 2 billion views
K-pop girl group Blackpink's “Ddu-du Ddu-du” music video has surpassed 2 billion views on YouTube on Wednesday, its record label YG Ente...
Jan 04, 2023 (Gmt+09:00)
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Electric vehicles
SK Networks completes acquisition of local EV charging platform operator
SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...
Jan 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Sejong kicks off private 5G business for exclusive use for industrial safety
Sejong Telecom, Inc. a mid-sized facilities-based telecommunications business and ICT platform company in South Korea, will launch a private 5G bu...
Jan 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Ideahub to launch new platform for individual investors of patents in Q1
In the next three months, South Korea's Ideahub is poised to launch a platform on which individual investors can also invest in patents.If all goes ...
Jan 03, 2023 (Gmt+09:00)
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Blockchain
Digital wallet Klip sees its subscriber number surpass 2 million
Ground X, Kakao Corp.'s blockchain technology subsidiary, said on Monday that the number of cumulative subscribers to its digital asset wallet "Klip...
Jan 02, 2023 (Gmt+09:00)
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Artificial intelligence
LG Electronics speeds up development of intelligent AI solutions
LG Electronics Inc. on Sunday said it will build an ambient computing platform as selected by LG AI Research, a company think tank specializing in a...
Jan 02, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai to consider EV assembly plant in Saudi Arabia
Hyundai Motor Group, South Korea’s top automaker, plans to consider building an assembly plant for electric vehicles and internal combustion e...
Jan 01, 2023 (Gmt+09:00)
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Electronics
LG Display to showcase high-performance OLED panels for gaming at CES
LG Display Co. said on Thursday that it would unveil new 45-inch ultra-wide OLED panels and 27-inch OLED panels optimized for gaming at CES 2023, th...
Dec 30, 2022 (Gmt+09:00)
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Bio & Pharma
S.Korea's Alteogen signs $145 million tech export deal with Swiss company
South Korea's bio company Alteogen Inc. on Friday said it signed its fourth technology export contract since its 2018 development of the human recom...
Dec 30, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore