slow growth
Scope
Date
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Korean chipmakers
Samsung develops next-generation data storage device
Samsung Electronics Co. on Thursday unveiled an upgraded data storage device that significantly reduces the computer processing time and energy cons...
Jul 21, 2022 (Gmt+09:00)
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Metaverse
Naver Zepeto targets Middle East for global expansion
Naver Z Corp., the operator of Asia’s largest metaverse platform Zepeto, is set to accelerate its global expansion through localization, mainl...
Jul 20, 2022 (Gmt+09:00)
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Airlines
Korean LCCs’ international flight recovery remains slow
South Korean budget airlines are seeing a slow recovery in international flights as key routes such as China and Japan have yet to normalize while t...
Jul 15, 2022 (Gmt+09:00)
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Fiber & Textile
The North Face supplier Youngone to bet on global outdoor startups
South Korea’s Youngone Holdings Co. is set to accelerate its new business by establishing a corporate venture capital (CVC) firm in Singapor...
Jul 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Naver executives’ treasury share sale may signal business slowdown
Executives at South Korea’s platform giant Naver Corp. are selling their shares in the company, an indication that the company’s busines...
Jul 08, 2022 (Gmt+09:00)
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Mergers & Acquisitions
SD Biosensor, SJL Partners to acquire Meridian Bioscience for $1.53 bn
SD Biosensor Inc., the world's largest COVID-19 test kit seller, and private equity firm SJL Partners LLC are jointly acquiring Meridian Bioscience ...
Jul 07, 2022 (Gmt+09:00)
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Automobiles
Easing car delivery crunch: Boon or bane for Hyundai, Kia?
Just like its global peers, Hyundai Motor Co. and Kia Corp. have suffered from the chip shortage that bogged down the entire auto industry for nearl...
Jul 06, 2022 (Gmt+09:00)
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Carbon neutrality
SK E&S to launch London office in view of growth opportunities in Europe
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is preparing to open a business office in London as it sees growth op...
Jul 04, 2022 (Gmt+09:00)
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Carbon neutrality
Top S.Korean firms face carbon neutrality dilemma
South Korea’s top 30 companies emitted their largest-ever amount of carbon dioxide last year, contrary to their goal of reducing greenhouse ga...
Jul 04, 2022 (Gmt+09:00)
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Corporate investment
Hyundai Motor to launch investment affiliate in US for further growth
South Korea’s Hyundai Motor Group will establish an investment company in the US state of Delaware to expand its presence in the North America...
Jul 01, 2022 (Gmt+09:00)
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Retail
Korean duty-free shops hit by unfavorable exchange rate, limited inventory
The duty-free industry has been hoping that the end of COVID-19-related travel restrictions would help boost its sales. Even as international t...
Jun 26, 2022 (Gmt+09:00)
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Bio & Pharma
Pet health: Korean genetic testing firms' new target market
South Korean direct-to-consumer (DTC) genetic testing companies are rushing to the veterinary diagnostics market where they see greater potential gr...
Jun 20, 2022 (Gmt+09:00)
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Bio & Pharma
LianBio teams with Korean MediRama to ease US biotechs' foray into Asia
LianBio, a Nasdaq-listed biotechnology company, has joined hands with MediRama Co., a South Korean clinical development firm, to help promis...
Jun 17, 2022 (Gmt+09:00)
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Beauty & Cosmetics
K-beauty makers focus on US as China business slows
South Korea’s major cosmetics makers are trying to lure more customers in North America as the K-beauty boom has been weakening in China, the ...
Jun 16, 2022 (Gmt+09:00)
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Korean chipmakers
Doosan adds chip post-processing to list of growth drivers
Doosan Group has added semiconductor post-processing services to its core businesses and plans to invest 1 trillion won ($774 million) in its microc...
Jun 15, 2022 (Gmt+09:00)
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Supply chain
Industrial losses balloon as Korean trucker strike enters 7th day
South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its seventh day on Monday, disrupti...
Jun 13, 2022 (Gmt+09:00)
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Private equity
S.Korea’s PE fundraising may fall after two-year growth
The National Pension Service will reduce the amount of its new capital commitment to domestic private equity firms by 17% to 500 billion won ($400 m...
Jun 08, 2022 (Gmt+09:00)
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ASK 2022
[ASK 2022] Infrastructure benefits from inflation and population growth: Sera Global
Infrastructure is stronger than ever amid the current macroeconomic risks, and investors will see greater opportunities in the ...
Jun 02, 2022 (Gmt+09:00)
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Corporate investment
CJ to beef up content, K-food sector with $9.7 billion investment
South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. and entertainment giant CJ E...
May 30, 2022 (Gmt+09:00)
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Corporate investment
LG bets $34 bn on battery, automotive electronics biz for its future
LG Group, South Korea’s fourth-largest conglomerate, is set to pour $34 billion into the battery, automotive electronics and other future grow...
May 26, 2022 (Gmt+09:00)
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ASK 2022
Infrastructure shines amid rising inflation, Korean LPs say
Major institutional investors in South Korea have a largely positive outlook on infrastructure amid the macroeconomic risks, such as inflation and...
May 25, 2022 (Gmt+09:00)
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Corporate investment
Samsung to invest $355 billion in chip, biotech, 6G over five years
South Korea’s top conglomerate Samsung has unveiled a plan to invest 450 trillion won ($355 billion) over the next five years in strategic sec...
May 24, 2022 (Gmt+09:00)
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Korean startups
HR startups outwit job posting sites for IT workers
The growing trend toward personalized hiring and the rising demand for technology developers are encouraging South Korea’s human resources tec...
May 19, 2022 (Gmt+09:00)
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Automobiles
Genesis posts sales growth in US as other auto brands suffer
Hyundai Motor Co. said on Wednesday its premium Genesis brand saw its US car sales considerably grow in April when all other major carmakers reporte...
May 04, 2022 (Gmt+09:00)
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Beauty & Cosmetics
LG Household acquires The Crème Shop for US expansion
LG Household & Health Care Ltd. has acquired a controlling stake in The Crème Shop Inc. as it seeks to expand its presence in the US beau...
Apr 20, 2022 (Gmt+09:00)
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Bio & Pharma
FutureChem seeks FDA nod for prostate cancer radiopharma trials
FutureChem Co., a South Korean radiopharmaceutical company, is seeking the US Food and Drug Administration’s approval for clinical tests of it...
Apr 20, 2022 (Gmt+09:00)
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Artificial intelligence
SK Telecom’s bet on air mobility, metaverse in full display at World IT Show
SK Telecom Co. is poised to show off its latest services at this year’s World IT Show slated for three days from April 20. At the large...
Apr 18, 2022 (Gmt+09:00)
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Airlines
Korean Air’s stock lags US peers' on slow demand recovery
Korean Air Lines Co.’s stock is underperforming those of its US rivals on concerns that South Korea’s top carrier is unlikely to immedia...
Apr 14, 2022 (Gmt+09:00)
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Central bank
BOK unexpectedly hikes interest rate as inflation accelerates
South Korea’s central bank on Thursday raised its policy interest rate in a surprise move as accelerating inflation is feared to bite into gro...
Apr 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Naver, Kakao shares to fall further on sluggish outlook
Shares of Naver Corp. and Kakao Corp. are expected to decline further after South Korea’s top two platform giants already lost 20 trillion won...
Apr 12, 2022 (Gmt+09:00)