seaweed industry
Scope
Date
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Batteries
Time to revive innovator spirit: LG Energy Solution CEO
South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...
Jul 04, 2024 (Gmt+09:00)
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Machinery
DN Solutions to build plant, R&D center in India
DN Solutions, the world's third-largest and South Korea's top machine tool manufacturer, said on Tuesday that it will establish a new plant and rese...
Jul 03, 2024 (Gmt+09:00)
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Petrochemicals
Lotte Chemical's rating outlook cut on worsening financials
South Korea’s No. 2 petrochemicals maker Lotte Chemical Corp. has taken a hit from a lowered credit-rating outlook of the company and its majo...
Jun 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Eugene PE, KDB PE to acquire Boryung Biopharma for $231 million
A consortium of Eugene Private Equity and Korea Development Bank Private Equity will acquire 80% of South Korean vaccine maker Boryung Biopharma Co....
Jun 27, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Bioscience to buy German vaccine maker IDT Biologika for $244 mn
South Korea’s vaccine developer SK Bioscience Co. will acquire a controlling stake in the world’s top 10 vaccine firm IDT Biologika GmbH...
Jun 27, 2024 (Gmt+09:00)
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Energy
Doosan Enerbility, Meralco to collaborate on energy projects
South Korea's Doosan Enerbility Co. announced on Wednesday that executives from Manila Electric Company (Meralco), the largest power company in the ...
Jun 26, 2024 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang opens Bibigo store on Amazon Germany
South Korea's CJ CheilJedang Corp. announced on Tuesday that it launched the Korean food (K-food) brand Bibigo's store on Amazon Germany, the larges...
Jun 26, 2024 (Gmt+09:00)
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Korean startups
SK Innovation-backed Marine Innovation looks to enter US green market
Marine Innovation Co., a South Korean eco-friendly social venture company sponsored by the country’s top energy firm SK Innovation Co., is par...
Jun 25, 2024 (Gmt+09:00)
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Corporate bonds
Hanwha Life Financial Services gets A+ credit rating
South Korea's Hanwha Life Financial Services said on Tuesday it received an A+ (Stable) credit rating from Korea Ratings, becoming the first domes...
Jun 25, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics builds Red Hat-certified CXL infrastructure
Samsung Electronics Co. has set up the industry’s first Compute Express Link (CXL) infrastructure, certified by Red Hat Inc., the world’...
Jun 25, 2024 (Gmt+09:00)
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Korean chipmakers
Booming AI industry boosts chip packaging equipment makers
Global chip packaging equipment manufacturers are enjoying surging demand and skyrocketing share prices thanks to the rapid growth of the artificial...
Jun 24, 2024 (Gmt+09:00)
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Electronics
LG Display bets big on Tandem OLED in AI computing era
LG Display Co., the world’s top organic light-emitting diode (OLED) TV panel maker, is raising the stakes in Tandem OLED technology to stay ah...
Jun 24, 2024 (Gmt+09:00)
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Corporate restructuring
SK Ecoplant seeks to absorb SK Materials' industrial gas units
SK Ecoplant Co., a South Korean construction engineering and waste management company, is seeking to absorb the profit-making subsidiaries of SK Mat...
Jun 24, 2024 (Gmt+09:00)
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ESG
LIG Nex1 earns top Morgan Stanley ESG rating of AA for 2nd consecutive year
LIG Nex1 Co., a leading defense system developer in South Korea, announced on Thursday that it has received an AA rating in the 2024 environmental, ...
Jun 20, 2024 (Gmt+09:00)
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Petrochemicals
HD Hyundai Oilbank to export SAF to Japan
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, said on Sunday that it will export sustainable aviation fuel (SAF) to Ja...
Jun 17, 2024 (Gmt+09:00)
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Beauty & Cosmetics
L'Oréal to nurture K-Beauty startups
L'Oréal, the world's largest cosmetics group, announced on Wednesday that it is recruiting digital and innovative technology companies to p...
Jun 13, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s KT, Microsoft form strategic alliance on AI, cloud sectors
South Korea’s leading telecommunications service provider KT Corp. has formed a strategic alliance with US tech giant Microsoft Corp. to colla...
Jun 04, 2024 (Gmt+09:00)
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Korean food
Daesang to scale up meal kits, kimchi production in Vietnam
Daesang Corp., South Korea’s leading food maker, said on Monday its two Vietnamese operations have each completed their second plant in the co...
Jun 03, 2024 (Gmt+09:00)
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Korean food
Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy
Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Kor...
May 24, 2024 (Gmt+09:00)
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Asset management
Risk management is more important than ever, GPs say
Risk management and investment firms' operational capabilities have become more important than ever amid economic uncertainties, said speakers at th...
May 23, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband's Filmotalk surpasses 6.6 mn cumulative views
South Korea’s internet service provider SK Broadband Co. announced on Wednesday that the cumulative viewership of its offline film talk concer...
May 23, 2024 (Gmt+09:00)
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E-commerce
Coupang, HUFS to partner for industry-academic cooperation
Coupang Inc., South Korea’s No. 1 e-commerce platform, announced on Monday that it signed an industry-academia cooperation agreement (MOU) las...
May 20, 2024 (Gmt+09:00)
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Fiber & Textile
Taekwang Industrial begins modacrylic wig yarn exports
South Korea's Taekwang Industrial Co. announced on Monday that it started to export its modacrylic, a high-quality wig material yarn.Modacrylic is a...
May 20, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG ends XR partnership with Meta; Amazon emerges as new partner
South Korean tech giant LG Electronics Inc. has ended its extended reality (XR) partnership with Meta Platforms Inc. three months after they agreed ...
May 20, 2024 (Gmt+09:00)
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Business & Politics
South Korea Plans $7 Billion Push to Pivot EV Battery Industry Away From China
South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade gu...
May 10, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM gets Platinum ESG rating from EcoVadis
HMM Co., South Korea’s flagship sea carrier, announced on Tuesday that it achieved the Platinum rating from EcoVadis, a global environmental, ...
May 07, 2024 (Gmt+09:00)
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Economy
Korea’s factory output backpedals, but spending recovers in March
South Korea’s factory activity weakened in March on a fall in manufacturing output, stoking concerns about Asia’s fourth-largest economy...
Apr 30, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha Life to buy stake in Indonesia's Lippo-owned bank
South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023...
Apr 24, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Philly Shipyard cooperate to enter US
South Korea’s HD Hyundai Heavy Industries Co. announced on Wednesday that it has recently signed a memorandum of understanding (MOU) for desig...
Apr 24, 2024 (Gmt+09:00)
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Economy
In Korean food prices, everything’s up: Now it’s dried seaweed's turn
First, it was groceries. Then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolate and ice creams.As in other cou...
Apr 18, 2024 (Gmt+09:00)