Korean Comapny
Unbiased History & Stories on Korea for Global Audience
Sponsored by Open Korea Foundation
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India offers Korean firms detailed guidance for forays into India
The Financial Supervisory Service hosted an investment forum to guide Korean firms through India’s financial regulations India’s finance ministry, central…
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LX Pantos founder’s son sells shares to LX International for $37 mn
Aerial view of LX Pantos Incheon Airport Logistics Center (Courtesy of LX Pantos) The only son of LX Pantos Co.’s…
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MBK, Young Poong seek $1.5 bn hostile bid for Korea Zinc
MBK Partners office in Seoul (File photo by Bum-June Kim) MBK Partners Ltd., the North Asia-focused private equity firm, is…
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Kia, 42dot, Geotab to team up for PBV management system
Kia Corp. said on Friday it signed a memorandum of understanding (MOU) with 42dot and Geotab to develop a management…
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South Korea ends anti-nuclear policy with approval of two nuclear plants
President Yoon Suk Yeol gives a speech at the construction site of nuclear power plants on which work was shelved…
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Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index
ETF (Courtesy of Getty Images) Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the…
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Hyundai, GM to deepen ties to jointly develop cars
General Motors Chair and Chief Executive Mary Barra (left) and Hyundai Motor Group’s Executive Chairman Chung Euisun sign a MOU…
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Doosan Enerbility to localize 10 MW wind turbines
South Korea’s Doosan Enerbility Co. said on Thursday that it is pursuing a national project for localizing large-scale wind power…
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Korea’s Woori Bank adds two more branches in India
Woori Bank’s Pune branch South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and…
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S.Korea’s LIG Nex1, Iraq set for $2.6 billion deal on M-SAM missile system
LIG Nex1’s mid-range surface-to-air missile Cheongung II Iraq has decided to import South Korean-made mid-range surface-to-air missile (M-SAM) system II,…
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AB InBev’s Oriental Brewery buys Jeju Soju from Shinsegae
HiteJinro controls half of South Korea’s soju market Oriental Brewery Co. (OB), a unit of the world’s largest beer company…
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Celltrion earmarks billion dollars to build CDMO plant: chairman
Celltrion founder and Chairman Seo Jung-jin speaks at Korea Investment Week on Sept. 11 Celltrion Inc., South Korea’s largest biosimilar…
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Krafton invests $90 mn in Spoon Labs
South Korea’s gaming giant Krafton Inc. said on Wednesday that it invested in SpoonLabs, a domestic short-form drama platform company…
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HD Hyundai affiliates participate in Mining Indonesia 2024
South Korea’s HD Hyundai Construction Equipment Co. and HD Hyundai Infracore Co. announced on Wednesday that they participated in Mining…
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CJ Logistics joins hands with Affinity for third-party logistics
CJ Logistics announced on Wednesday that it has signed a strategic memorandum of understanding (MOU) with Affinity Equity Partners. Affinity…
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Hanwha Aerospace, SK Enmove develop fireproof ESS
Son Seung-hyun, head of ESS Department at Hanwha Aerospace, explains the technology behind its fireproof ESS system developed jointly with…
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KEPCO, Burns & McDonnell to cooperate on power grid projects
Leslie M. Duke Burns & McDonnell CEO (left) and Kim Dong-cheol KEPCO CEO Korea Electric Power Corp. (KEPCO), the South…
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SPC, SK Telecom to collaborate on AI business
SPC Group Vice President Huh Hee-soo (left) and SK Telecom CEO Ryu Young-sang South Korea’s SPC Group and SK Telecom…
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SK E&S creates value chain from FPSO, gas field project to carbon capture
A floating production storage and offloading (FPSO) vessel under construction in Singapore and owned by SK E&S will be used…
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Korea’s AI, robot startups shine despite funding drought
A humanoid robot provides information to a visitor for at a technology event in Seoul on June 19, 2024 (File…
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Celltrion chairman says to venture into CDMO market
Seo Jung-jin (center) speaks at Morgan Stanley 22nd Annual Global Healthcre Conference (Courtesy of Celltrion) South Korea’s biosimilar maker Celltrion…
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Lotte to restructure bio business to focus on CDMO
Bird’s eye view of Lotte Biologics plants in Songdo, Incheon, South Korea (Courtesy of Lotte) South Korea’s retail-to-chemical conglomerate Lotte…
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LG Electronics to boost mass market presence vs Chinese peers
LG Electronics CEO Cho Joo-wan speaks to reporters at IFA 2024 in Berlin (Courtesy of LG Electronics) BERLIN – Cho…
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EcoPro, China’s GEM to build cathode complex in Indonesia
GEM’s co-founder Wang Min (from left), EcoPro’s founder and former chairman Lee Dong-che and GEM’s chairman Xu Kaihua take a…
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SK Ecoplant sells off stakes in Ascend Elements for $98 million
Ascend Elements employees load lithium-ion EV batteries onto a conveyor belt at the company’s battery recycling facility in Covington, Georgia…
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Tokyo Electron: Chip machinery giant with ‘tireless animal spirit’
Tokyo Electron CEO Toshiki Kawai TOKYO – In the 1980s, Japanese chipmakers dominated the world’s semiconductor industry. Companies like NEC,…
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No Korean firms make it to Korea’s top five mobile games list
Ares-Rise of Guardians, a popular MMORPG released by Kakao Games on July 25, 2023 No South Korean game titles developed…
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Hoban partners with Kakao, Bear Robotics for robot-based services
Hoban Construction Ltd. announced on Friday that it has signed a business agreement (MOU) with Kakao Mobility and Bear Robotics…
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HD Hyundai, Develon establish customization plant in Georgia
South Korea’s HD Hyundai XiteSolution said on Friday that its construction equipment affiliates HD Hyundai Construction Equipment Co. and HD…
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Korea’s Gordon Ramsay speeds up move for $63 mn IPO
Paik Jong-won, founder and CEO of TheBorn Korea (File photo by TheBorn Korea) TheBorn Korea Inc., a leading South Korean…
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Kbank aims for IPO at a $4 bn valuation in Q4
Kbank, a South Korean online bank, is preparing to list on the main bourse Kospi at an estimated corporate value…
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Hyundai Department to triple healthcare sales by 2030 with Nestle
Nestle Health CEO Anna Mohl (on left) shakes hands with Hyundai GF Holdings CEO Jang Hojin Hyundai Department Store Group,…
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S.Korea’s NPS opens fourth overseas office in Silicon Valley
National Pension Service Chairman Kim Tae-hyun speaks at San Francisco office South Korea’s National Pension Service (NPS), the world’s third-largest…
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Samsung Electronics, TSMC to tie up for HBM4 AI chip development
TSMC is the world’s largest foundry player TAIPEI – South Korea’s Samsung Electronics Co., the world’s largest memory chipmaker, is…
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South Korean developers fret over inflow of Indian talent
Group of young students sitting inside the university campus of Jamia Millia Islamia entrance door in New Delhi, India (Courtesy…
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Hyundai, Kia post record August US sales, driven by hybrids, EVs
The 2025 Hyundai IONIQ 5 XRT (Courtesy of Hyundai Motor America) South Korea’s Hyundai Motor Co. and its sister firm…
