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LG companies flock to debt, equity markets to raise $2.8 billion
LG headquarters building in Seoul South Korea’s fourth-largest conglomerate LG Group companies scrambled to sell bonds and shares to raise…
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Nexon becomes 1st Korean game publisher with over 4 trillion won sales
Nexon launched the Dungeon Fighter Mobile in China in 2024 Nexon Co., the parent of Nexon Games Co., became the…
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Driver in deadly car crash near City Hall gets 7 1/2-yr prison term
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Has anyone from Michigan exchanged their drivers license for a Korean one?
I will probably need a car for my next job. So I need to get a Korean license. I think…
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Korea’s beauty retailer CJ Olive Young to open first US offline outlet
A CJ Olive Young outlet in Seoul CJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it…
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Magnachip up for sale again, contacts Samsung, LG, LX
(File photo by Magnachip) South Korean chipmaker Magnachip Semiconductor Corp. has been put on the market for sale again four…
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Sono Hospitality heralds proxy fight to control T’way Air
A ski resort operated by Sono Hospitality Group in South Korea (Courtesy of Sono Hospitality) Sono Hospitality Group, South Korea’s…
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Celltrion seeks large-scale M&A in Q4, eyes 2027 Nasdaq debut: chairman
Celltrion CEO Seo Jin-seok (left) and Chairman Seo Jeong-jin at JP Morgan Healthcare Conference in San Francisco SAN FRANCISCO –…
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Samsung Electro-Mechanics to produce all-solid-state batteries in 2026
Samsung Electro-Mechanics showcased ultra-compact all-solid-state batteries tailored to wearable devices in September 2024 LAS VEGAS – Samsung Electro-Mechanics Co. will…
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Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
in News
(Courtesy of Hyundai Motor Group) Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell 7.39…
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Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
in News
Korea saw its exports reach a record high in 2024 South Korea’s exports, the country’s main growth driver, reached an…
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Samsung joins humanoid robot race with higher stake in Rainbow Robotics
in News
Rainbow Robotics’ bipedal humanoid robot Hubo Samsung Electronics Co. has become the largest shareholder of Rainbow Robotics Co., a South…
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Fleetune continues evolving for smarter route optimization
in NewsFleetune webpage screenshot Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big…
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Hyundai Rotem delivers driverless metro cars to Taiwan
in NewsHyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to…
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Is it common for taxi drivers to send tourists to shops they are affiliated with?
in CommunityOnce he learnt we were on our way to a bbq pork restaurant he made claims of there being snow…
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M&A deals in South Korea at 7-year low in 2024
in NewsSouth Korea’s mergers and acquisitions market shrank further in 2024 as leading business groups such as Lotte, SK and GS…
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Samsung, Hyundai Motor eye tech alliance on autonomous vehicle chips
in News
An IONIQ 5-based self-driving car run by Motional, a US mobility joint venture between Hyundai Motor and Aptiv South Korea’s…
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Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
in News
Hyosung TNC’s booth at the world’s largest outdoor expo, ISPO, in Munich, Germany Hyosung TNC Corp., a South Korean textile…
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Harman to lead Samsung’s automotive solution business
in NewsHarman Automotive extends its partnership with Scuderia Ferrari in February 2024 (Courtesy of Harman) Samsung Electronics Co. will enhance cooperation…
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Last night was scary as shit
in CommunityIt was a good reminder that all it takes is one horrible driver to absolutely crash the fuck out of…
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Quick delivery war deepens Korean big-box retailers-Baemin ties
in News
Homeplus Express launches Baemin Store’s quick delivery service As same-day delivery wars has heated up in South Korea, traditional big-box…
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Gov’t rejects Seoul City’s proposal to hire foreign bus drivers
in Community
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POSCO to buy Korean robotics firm stake for steel business
in News
Neuromeka’s collaborative robot welding solution (File photo by Neuromeka) South Korea’s steel-to-battery materials conglomerate POSCO Group will invest in the…
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HD Hyundai Oilbank ventures into bioenergy sector as new growth driver
in News
A Hyundai Oilbank gas station in Seoul HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi…
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Lotte replaces 21 CEOs, slashes executive jobs by 22% in drastic reshuffle
in News
Lotte logo South Korea’s retail-to-chemical conglomerate Lotte Group on Thursday replaced 21 chief executives across its affiliates and slashed executive…
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Hanwha Ocean, HD Hyundai reconcile, look to joint overseas warship bids
in News
A 1,500-ton landing ship (from the top), a 3,400-ton frigate and a 2,200-ton deepwater guard ship built by HD Hyundai…
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SKC’s US affiliate Absolics receives $100 million in US R&D grants
in NewsAbsolics is SKC’s US affiliate that makes glass substrates Absolics Inc., the US glass substrate affiliate of South Korean chemical…
