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LG Innotek, Boston Dynamics team up to develop Atlas eyes
Boston Dynamics’ humanoid robot Atlas (Courtesy of Boston Dynamics) LG Innotek Co., a leading South Korean electronics parts maker, will…
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LG, Samsung in bout for crown in wheeled TV market
LG StandbyME (Courtesy of LG) A TV mounted on a rollable stand has emerged as a new battleground between South…
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MBK’s Lotte Card sale gains momentum amid Homeplus fallout
Lotte mobile card interface (Courtesy of Lotte Card) North Asia-focused private equity firm MBK Partners’ second attempt to exit Lotte…
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Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million
(Courtesy of Korean Air) Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air…
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Mubadala, Goldman Sachs to invest $700 mn in Kakao Mobility
Kakao Mobility was founded in 2017 United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. and Goldman Sachs are set…
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Now, thin is in – and Samsung wants to be No. 1 with Galaxy S25 Edge
▲ Invitation for Galaxy S25 Edge: Beyond slim With the advent of mobile AI, the performance arms race among smartphone…
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Hankook & Company to set up CVC with $11 mn in funding
Hankook & Company headquarters building (Courtesy of Hankook & Company) Hankook & Company Co., the holding company of Hankook Tire…
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Korea Securities Finance eyes its 1st foreign bond sale in 2026
The exterior view of Korea Securities Finance’s headquarters in Yeouido, Seoul Korea Securities Finance Corp. (KSF) is preparing to issue…
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Korea’s top cinema chains seek merger to counter box office slump
Lotte Cinema and Megabox are South Korea’s second- and third-largest multiplex chains, respectively (Courtesy of Yonhap) South Korea’s two leading…
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S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
Government Employees Pension Service headquarters on Jeju Island, South Korea (Courtesy of GEPS) The Government Employees Pension Service (GEPS), one…
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CJ CheilJedang to open $72-million dumpling plant in Japan
Bibigo products (Courtesy of CJ CheilJedang) South Korea’s largest food company, CJ CheilJedang Corp., is shifting into high gear in…
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LG Electronics to spend $600 mn to build 3rd home appliance plant in India
A rendered image of LG Electronics’ envisioned new home appliance plant in Sri City, India (Courtesy of LG) South Korea’s…
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KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia
KakaoBank is South Korea’s top internet-only bank KakaoBank Corp., a leading South Korean internet-only bank, posted its highest quarterly profit…
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Soon to be for sale: Altos Ventures-backed Cafe Knotted operator
Knotted donuts (Courtesy of GFFG) Silicon Valley-based Altos Ventures-backed Good Food For Good (GFFG), the operator of South Korea’s popular…
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Korea Investment & Securities deepens global ties with 2nd IR in New York
Kim Sung-hwan, CEO of Korea Investment & Securities, gives an opening speech at KIS Night in New York 2025 on…
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South Korea asks US for tailored approach to chip tariffs
Container port in Busan South Korea has officially requested that the US take a distinct approach in its ongoing probe…
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Harman acquires Masimo’s audio arm in Samsung’s car audio push
B&W’s premium loud speakers under the Nautilus brand Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired…
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Samsung steps up AR race with advanced microdisplay for smart glasses
Smart glasses (Courtesy of OpenPR) Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR)…
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South Korea Inflation Flat in April, Possibly Paving Way for Policy Easing
Customers at the Cheongnyangni Market in Seoul. Photo: SeongJoon Cho/Bloomberg News South Korea’s headline inflation remained flat in April, possibly paving the…
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Korea Investment & Securities to sell Goldman Sachs funds
Goldman Sachs Group President and Chief Operating Officer John E. Waldron (left) and Korea Investment & Securities Chief Executive Officer…
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Korea’s pharmaceutical exports set to top $10 bn, led by ‘K-M7’ champions
Korea is a leading pharmaceuticals exporter (Courtesy of Getty Images) South Korea’s pharmaceutical exports are on course to surpass $10…
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US auto parts tariffs into force; Korea avoids heavy hit
Cars are lined up for loading onto ships at a port in Pyeongtaek, Gyeonggi Provice (Courtesy of Yonhap) The US…
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NCSOFT invests in US game startup emptyvessel
One of the DEFECT trailer video images (Screenshot captured from emptyvessel website) NCSOFT Corp. has made an equity investment in…
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NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
Seoul office of the National Pension Service (File photo) South Korea’s National Pension Service (NPS), the world’s third-largest pension fund,…
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BMW Surpasses Mercedes in Sales for the First Time in 10 Years
The top five list of imported car brands in Korea underwent a major shake-up last year. BMW overtook Mercedes-Benz in…
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Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
Exhibition ‘Mumool’ featuring Choi Sang Chul at Baik Art Jakarta (Courtesy of Baik Art) JAKARTA – Last Thursday, Baik Art…
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CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
CJ Group is a leading South Korean food-to-entertainment conglomerate CJ CheilJedang Corp., South Korea’s largest food and beverage company, said…