mobile game market
Scope
Date
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Future mobility
Hyundai, Toray to team up to develop mobility materials
Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to jointly develop carbon fi...
Apr 18, 2024 (Gmt+09:00)
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Artificial intelligence
LG Uplus to ramp up AI investment by up to 40% in 2024
SILICON VALLEY – LG Uplus Corp., the third-largest mobile carrier in South Korea seeking to transform into a platform company, will expand its...
Apr 18, 2024 (Gmt+09:00)
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Electronics
LG to double global built-in appliance sales to $722 mn
MILAN, ITALY – LG Electronics Inc. eyes 1 trillion won ($722 million) in global built-in appliance sales in three years by winning the hearts ...
Apr 17, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Scottish firms to cooperate on offshore wind power
South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it signed a memorandum of understanding (MOU) with Scottish Enterprise and...
Apr 17, 2024 (Gmt+09:00)
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Private equity
Daesung PE tops Korean venture funds by return in 2018-2023
Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023,...
Apr 17, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis to supply $29 mn logistics automation systems
South Korea's Hyundai Glovis Co. announced on Wednesday that it signed a contract with Korea Superfreeze Inc. and EcoPro CnG to supply logistics aut...
Apr 17, 2024 (Gmt+09:00)
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Automobiles
Autech enters silver car market for seniors
South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for seniors. It al...
Apr 17, 2024 (Gmt+09:00)
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Korean startups
Korea’s Catchtable eyes offshore table reservation markets
Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, is considering offering Catchtable ...
Apr 17, 2024 (Gmt+09:00)
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Korean games
S.Korean game developers to utilize idol group IPs
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., signed a licensing deal with SM Entertainment Co. to utilize idol ...
Apr 17, 2024 (Gmt+09:00)
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Korean chipmakers
South Korea’s chip design firms go abroad to tap $426 billion market
South Korea’s chip design companies are turning their sights overseas to tap into the 593 trillion won ($426 billion) system semiconductor mar...
Apr 16, 2024 (Gmt+09:00)
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Real estate
SK D&D, Habyt to cooperate for residential business
SK D&D Co., a real estate unit of South Korea’s SK Group, announced on Tuesday that it signed a memorandum of understanding (MOU) with the...
Apr 16, 2024 (Gmt+09:00)
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Private equity
Private markets open to more high-net-worth individuals: Hamilton Lane
The number of high-net-worth individuals allocating capital to private markets is increasing fast. These are wealthy individuals who own at least $1...
Apr 16, 2024 (Gmt+09:00)
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Electronics
Samsung, LG look to Europe with AI-powered built-in kitchen appliances
MILAN, ITALY – Samsung Electronics Co. and LG Electronics Inc. are big names in the US home appliances market. The two South Korean electronic...
Apr 15, 2024 (Gmt+09:00)
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Korean food
Korean kimchi makers spur production in US, Australia
South Korean top food makers such as CJ CheilJedang Corp. and Daesang Corp. are expanding their kimchi factories overseas to meet growing demand for...
Apr 15, 2024 (Gmt+09:00)
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Automobiles
LG, Hyundai seek to deepen vehicle system partnership
LG Group units, including LG Electronics Inc. and LG Innotek Co., are in talks with Hyundai Motor Group to expand collaboration on vehicle systems, ...
Apr 15, 2024 (Gmt+09:00)
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Korean startups
Korean startup CEOs away from home lead global expedition
South Korea’s promising startup founders, who normally double as chief executive officers for their companies, are leaving their home turf to ...
Apr 12, 2024 (Gmt+09:00)
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Korean games
Nexon's Dave the Diver wins BAFTA Games Awards
South Korea’s game developer Nexon Co. announced on Friday that its PC RPG game Dave the Diver won the Game Design award at the British Academ...
Apr 12, 2024 (Gmt+09:00)
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Upcoming IPOs
F&B chain operator Theborn Korea eyes IPO in 2024
South Korea’s leading food and beverage group Theborn Korea Inc., which operates 25 restaurant and café chains in domestic and global m...
Apr 12, 2024 (Gmt+09:00)
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Aerospace & Defense
Hyundai Wia targets Chile's advanced arms market
Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...
Apr 12, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea's M&A market poised to bounce back after bleak Q1
South Korea’s mergers and acquisitions market is poised to bounce back after a bleak first quarter, with 22.3 trillion won ($16 billion) worth...
Apr 11, 2024 (Gmt+09:00)
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Korean startups
SoftBank-backed Balancehero still hungry for bigger market
In India, the world’s most populous country, about 1.2 billion people are estimated to have no credit score because most are unbanked, meaning...
Apr 11, 2024 (Gmt+09:00)
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Food & Beverage
Bubble tea chain Gong Cha struggles in its top market of Korea
Global leading bubble tea franchise Gong Cha Global Ltd.’s South Korean affiliate, which owns the beverage chain’s Japanese and Taiwanes...
Apr 11, 2024 (Gmt+09:00)
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Automobiles
Kia to enter pickup truck market
Kia Corp., South Korea’s second-largest automaker, announced on Thursday its first pickup truck's name "The Kia Tasman."The name Tasman is der...
Apr 11, 2024 (Gmt+09:00)
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Foreign exchange
Won at 17-month low vs dollar on reduced US rate cut bets
The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...
Apr 11, 2024 (Gmt+09:00)
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Fintech
70% of Samsung Pay users switch to Wallet
Samsung Electronics Co. announced on Wednesday that 70% of Samsung Pay users have switched to Samsung Wallet, an upgraded version of its electronic ...
Apr 11, 2024 (Gmt+09:00)
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Electric vehicles
Kia to enter emerging markets with its latest EV5 made in China
Kia Corp., South Korea’s second-largest automaker, plans to enhance its presence in emerging markets with the EV5 compact SUV, the company&rsq...
Apr 10, 2024 (Gmt+09:00)
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Automobiles
RVs, SUVs sweep top 4 spots in South Korea’s first-quarter auto sales
Recreational vehicles (RVs) and sport utility vehicles (SUVs) achieved an unprecedented feat by claiming the top four spots on the list of best-sell...
Apr 10, 2024 (Gmt+09:00)
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Food & Beverage
Korea’s makgeolli market hits brakes amid whiskey fad
The market growth of South Korea’s traditional milky and often sweet rice wine, makgeolli, has slowed after the country’s younger genera...
Apr 09, 2024 (Gmt+09:00)
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Automobiles
Kumho Tire to supply premium tires to Jeep, Peugeot in Korea
Kumho Tire Co., South Korea’s No. 2 tire maker, announced on Tuesday that it will supply tires to 33 official service centers nationwide for J...
Apr 09, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Middle East, land of dreams for South Korean IT firms
South Korea’s information technology and game companies are rushing to the Middle East to seek global growth drivers as the oil-rich countries...
Apr 09, 2024 (Gmt+09:00)