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F&F’s bid for TaylorMade complicates Centroid’s exit plan
In 2024, TaylorMade defied a slump in South Korea’s golf market, posting revenue growth of 3.3% South Korean fashion retailer…
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SK Hynix joins Samsung in 200 trillion won market cap club
SK Hynix showcased a sample of the world’s first 16-layer HBM3E at CES 2025 (Courtesy of Yonhap) SK Hynix Inc.…
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Samsung on hiring spree to bolster US foundry sales
Samsung Foundry Forum 2024 qA held in San Jose, California on June 12-13, 2024 Samsung Electronics Co. is on a…
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LS Electric poised to join Nvidia’s supply chain via Vertiv deal
Koo Ja-kyun, chairman of LS Electric, speaks at the completion ceremony of the Bastrop Campus in Texas in April LS…
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Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge
A researcher in a Samsung Electronics chip cleanroom Global memory chip markets, long weighed down by excess inventories and sagging…
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S.Korea to have 1st civilian defense minister in decades, career technocrats
President Lee Jae-myung presides over a meeting of his chief secretaries at the Office of the President South Korean President…
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Fubon Bank expands Korea presence into banking
Fubon Financial’s logo (Screenshot captured from Fubon website) Fubon Bank, Taiwan’s largest bank, is set to open its first office…
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Hana Asset launches ultra-low-fee Nasdaq 100 ETF
A trader works on the floor of the New York Stock Exchange in New York Hana Asset Management Co. will…
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Copycat Korean goods flood global e-commerce platforms
Manyo Factory, a Korean indie cosmetics brand, is best known for facial masks Counterfeit Korean beauty, fashion and food products…
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Xiaomi to open first offline store in S.Korea with premium products
Xiaomi’s flagship premium Xiaomi Ultra 15 smartphone, featuring Leica carmera lenses (Courtesy of News1 Korea) Xiaomi Inc., a Chinese technology…
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Naver Financial seeks to acquire Korean real estate data platform Asil
Naver’s logo is seen on its headquarters building in Korea Naver Financial Corp., the fintech subsidiary of South Korean tech…
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KakaoBank rallies after winning Thai virtual banking license
Yun Ho-Young, CEO of KakaoBank (left), and SCBX CEO Arthid Nanthawithaya agreed in 2023 to open a jointn internet bank…
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SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals
The exterior of SK Hynix’s semiconductor plant in Icheon, Gyeonggi Province (Courtesy of Yonhap) SK Hynix Inc. has secured Nvidia…
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South Korea unveils $14.6 billion 2nd extra budget to spur growth
South Korean President Lee Jae-myung (left) speaks at a cabinet meeting on June 19, 2025 (Courtesy of Yonhap) South Korea’s…
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Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds
Mirae Asset’s headquarters in Seoul Mirae Asset Financial Group, one of the largest asset managers in South Korea, has launched…
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POSCO inducted into World Steel Dynamics’ Hall of Fame
POSCO Group CEO Chang In-hwa receives a Hall of Fame plaque, styled like a baseball jersey, from World Steel Dynamics…
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Lockheed Martin, KAI to expand partnership to future defense, aerospace tech
The FA-50 light attack aircraft jointly developed by Lockheed Martin and KAI (File photo by KAI) Global defense giant Lockheed…
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LG Energy Solution, Toyota Tsusho launch battery recycling JV in US
LG Energy-Toyota Tsusho JB signing ceremony on June 19, 2025. From left: Toyota Tsusho President & CEO Toshimitsu Imai; Circular…
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Calls grow for stronger LP oversight in national strategic asset M&As
Ryou Hyo-Sang, head of the Unicorn Business Management Research Institute, speaks at the KED Global expert panel discussion on June…
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It’s time to spend: Korean shoppers loosen purse strings on luxuries, hotels
Consumers are spending again after the presidential election South Korea’s long-dormant consumer sector is showing signs of revival, as shoppers…
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S.Korea’s Lee, Japan’s Ishiba agree to deepen ties, resume shuttle diplomacy
President Lee Jae Myung (right) shakes hands with Japanese Prime Minister Shigeru Ishiba during their talks on the sidelines of…
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Samsung to thrash out strategy amid Trump, Middle East crisis
Samsung’s logo is seen at the Integrated Systems Europe (ISE) 2024, the world’s largest AV systems show in Barcelona, Spain…
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Affirma Capital to acquire Equis’ Korean waste assets for $294 million
CEK Yeosu (Courtesy of CEK) Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire an entire portfolio…