industries of the future
Scope
Date
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Mergers & Acquisitions
Mando acquires JV to boost footing in autonomous vehicle industry
South Korea-based Mando Corp. is set to acquire electronic auto parts maker Mando-Hella Electronics Corp. in a deal valued at 165 billion won ($148 ...
Feb 03, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung hunts for top talent amid chip industry hiring war
Semiconductor giant Samsung Electronics Co. is looking for top talent amid an industry-wide push to recruit high-skilled workers to capitalize on th...
Feb 03, 2021 (Gmt+09:00)
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ESG bonds
Kia to issue green notes as part of $500 mn global bonds for future mobility
Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility investments, including e...
Jan 18, 2021 (Gmt+09:00)
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Steel
Dongkuk Steel wows industry with color steel plates, earnings surprise
GAMMANDONG, BUSAN -- The global steel industry underwent an unprecedented slump in 2020, with demand from the shipbuilding and automobile industries...
Jan 13, 2021 (Gmt+09:00)
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ESG bonds
Hyundai, Kia to raise $921 mn in green bonds for future mobility
Hyundai Motor Co. and Kia Motors Corp. plan to issue green bonds worth a combined 1 trillion won ($912 million) as they gear up to raise money for...
Jan 11, 2021 (Gmt+09:00)
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Future mobility
GS Caltex to showcase drone delivery, future gas stations at CES 2021
GS Caltex Corp., a South Korean oil refiner aiming to become a serious logistics player by navigating hard-to-access areas for delivery, is looking ...
Jan 07, 2021 (Gmt+09:00)
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Korean games
S.Korean game industry boasts strong growth; set to exceed $16 bn
South Korea’s game market size is projected to exceed 18 trillion won ($16.6 billion) this year, driven by game enthusiasts who have remained ...
Jan 05, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea maintains global lead in shipbuilding industry
Thanks to winning the most orders this year, South Korea’s shipbuilding industry has solidified its lead in the global shipbuilding market for...
Dec 27, 2020 (Gmt+09:00)
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Food & Beverage
Bibigo mandu sets milestone in Korean food industry
South Korea's food and beverage giant CJ CheilJedang Corp. has become the first domestic food company to have a single item pull in over 1 trill...
Dec 22, 2020 (Gmt+09:00)
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Korean games
Neptune rises as dark horse in global game industry
A South Korean game company is hoping to shake up the global game landscape with its latest title, Eternal Return: Black Survival, a PC game that ...
Dec 17, 2020 (Gmt+09:00)
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Executive reshuffles
Hyundai Motor Chairman's inner circle promoted to key leadership
Hyundai Motor Group has carried out a massive reshuffling among its key affiliates, with members of Chairman Chung Euisun's inner circle promoted ...
Dec 16, 2020 (Gmt+09:00)
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Future mobility
Hyundai mulls downsizing skyscraper for future mobility
Hyundai Motor Co. is at a crossroads over the construction of its $3.4 billion global business center, deliberating on whether to downsize the 105-s...
Dec 06, 2020 (Gmt+09:00)
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Hydrogen economy
Kolon Industries to mass produce key material for fuel cells
Kolon Industries Inc., a South Korean chemical and textile manufacturing company, is readying for the mass production of a key material for fuel cells...
Nov 19, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilding industry rebounds from near bottom
South Korea’s shipbuilding industry is slowly emerging from its rocky cycle of ups and down in recent years, thanks to a recovery in the global ...
Nov 10, 2020 (Gmt+09:00)
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Leveraged buyout
Korean M&A industry may reconsider leveraged buyouts
South Korea’s M&A market may reconsider leveraged buyouts due to the Supreme Court’s remanding of the case involving Sun Jong-koo, the...
Oct 20, 2020 (Gmt+09:00)
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Leadership change
New Hyundai Motor Chairman Chung Euisun sets sights on future mobility
Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...
Oct 14, 2020 (Gmt+09:00)
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Automobiles
Hyundai Motor hires two AI experts to strengthen foothold in future mobility
Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...
Sep 24, 2020 (Gmt+09:00)
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Bio
S. Korea to grow green biotech industry to $10.6 bn by 2030; nurture talent
The South Korean government said on Sept. 21 that it will triple the size of the country’s green biotechnology industry over the next decade and...
Sep 21, 2020 (Gmt+09:00)
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Construction
Daelim Industrial to split three ways to enhance governance, shareholder value
Daelim Industrial Co., a major South Korean builder, is splitting into three firms -- a holding company and two affiliates -- as the company seek...
Sep 10, 2020 (Gmt+09:00)
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Private equity
Carlyle flexes muscles in Korean financial industry as Lee takes helm
The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...
Sep 07, 2020 (Gmt+09:00)
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fuel-cell electric vehicles
[Upcoming IPO] Korean fuel-cell tank maker Iljin Composites gears up to become industry champion
The production of fuel-cell tanks is in full swing at Iljin Composites' factory, a restricted area tightly guarded with strict identification controls...
Sep 04, 2020 (Gmt+09:00)
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Entertainment
Naver Webtoon becomes industry's first to post over $2.5 mn for daily paid-content
Naver Webtoon has become the industry's first to post over 3 billion won ($2.5 million) for daily paid-content as of August 2, breaking its own r...
Aug 07, 2020 (Gmt+09:00)
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Automobiles
Hyundai Motor, LG to unveil jointly developed future car interior concept next month
Hyundai Motor Co. and LG Electronics Inc. have jointly developed the interior concept of a future car, further consolidating their cooperation in self...
Aug 03, 2020 (Gmt+09:00)
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Korean startups
Korean travel platform My Real Trip raises $36 million amid sluggish travel industry
My Real Trip, Korea’s leading online travel platform, has received 43.2 billion won ($36 million) in funding from domestic and overseas investor...
Jul 28, 2020 (Gmt+09:00)
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Korean startups
Start-up takes stab at lithium-ion industry
What do artificial intelligence (AI) and self-driving vehicles have in common? They're both energy guzzling machines.This reason alone makes battery a...
Nov 29, 2019 (Gmt+09:00)
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Infrastructure
Macquarie tipped to buy Korea’s top industrial gas producer for $2.2 bn
Macquarie Group has approached MBK Partners to acquire Daesung Industrial Gases Co. Ltd. and offered around 2.5 trillion won ($2.2 billion) for full o...
Nov 07, 2019 (Gmt+09:00)
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Ares Management
Industrial, multifamily seen to shine on rent growth: Ares
Industrial and multifamily real estate sectors are poised to benefit from a growing trend of renting spaces in the long term after supply growth slowe...
Nov 04, 2019 (Gmt+09:00)
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MBK beats TPG to buy Korean industrial gas supplier for $1.7 bn
MBK Partners, Asia’s biggest private equity firm, has offered close to 2 trillion won ($1.7 billion) to buy South Korea’s second-largest industrial ga...
Feb 19, 2017 (Gmt+09:00)
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Artificial intelligence
LG CNS develops code-generative AI solution
LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...
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POSCO Future M’s major cathode/anode orders
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