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South Korea loses tech startups at rapid clip amid dwindling funding

(Courtesy of Getty Images) Concerns are growing that the tech startup ecosystem in South Korea, home to global tech household…
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Korea, US to expand cooperation in shipbuilding sector

Senior officials from South Korea and the US, including US Commerce Secretary Howard Lutnick (front left) and South Korea’s Minister…
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Korea’s weak exports add to woes over Trump tariff risk

Container terminals at the Port of Busan, South Korea (File photo by Yonhap) South Korea’s exports in the first two…
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SK Telecom to secure stake in IonQ, forges quantum partnership

IonQ quantum computing system (Courtesy of IonQ) South Korea’s largest telecom company SK Telecom Co. will acquire about a 3%…
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Kia CEO stands firm on electrification strategy, premieres EV4 in Europe

▲ New EV Lineup Debuts at Kia EV Day | Kia TARRAGONA, Spain – Despite a temporary slowdown in electric…
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Hyundai, Samsung deepen ties to win humanoid race

Dog-like robot Spot, humanoid robot Atlas and Hyundai’s NEXO hydrogen fuel cell car (Courtesy of Hyundai Motor Group) South Korea’s…
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Bank of Korea cuts rates, growth forecast on Trump tariff policy

Bank of Korea Governor Rhee Chang-yong speaks to the press on Feb. 25, 2025, after the central bank cuts interest…
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Samsung lowers bar for hiring foreign talent in South Korea

South Korea’s biggest business group Samsung has sweetened the pot to win a technology talent war by lowering the bar…
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J-R AMC, BlueCove bid for $70 million sale of Mirae Asset, NPS’ Shilla Stay

Shilla Stay Dongtan-hotel The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co.,…
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Samsung’s Harman transforms from ugly duckling into golden swan

A Harman executive unveils Ready products at CES 2024 When Samsung Electronics Co. acquired Harman International Industries Inc., a global…
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TSMC’s possible deal with Intel keeps Samsung on edge

TSMC commands 64.9% of the global foundry market as of the third quarter of 2024 South Korea’s semiconductor industry is…
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Korean shipbuilders to benefit from rising LNG, oil tanker demand

LNG carrier built by HD Hyundai Heavy Industries (File photo by its parent HD Korea Shipbuilding & Offshore Engineering) South…
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Shin & Kim’s Jeong Hae Sung named Korea’s most influential M&A lawyer

Shin & Kim partner Jeong Hae Sung (Screenshot captured from Shin & Kim website) Jeong Hae Sung, a partner of…
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Former FSC chief Shin Je-yoon likely to be tapped as Samsung board chair

Shin Je-yoon, former chairman of South Korea’s top financial regulator Financial Services Commission Shin Je-yoon, former chairman of South Korea’s…
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Do South Koreans really believe that Taiwan’s economy has surpassed South Korea’s?
It seems that global media are now evaluating the economies of Taiwan and South Korea based on their stock markets,…
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Korea to allow securities firms to manage $43 bn public fund investment pool

Yeouido, home of finance and investment banking businesses in Seoul (File photo by Moon-Chan Hur) South Korea said on Wednesday…
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Meta in talks to acquire Korean fabless chip startup FuriosaAI: Forbes

June Paik, FuriosaAI founder and CEO Meta Platforms Inc., the parent of Facebook and Instagram, is in talks to acquire…
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Samsung Life, Samsung Fire sell $193 mn in Samsung Electronics shares

The Samsung flag is seen at its headquarters in Seoul Samsung Life Insurance Co., South Korea’s largest life insurer, and…
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Mirae Asset preps bitcoin covered call ETF launch: chairman

Mirae Asset Financial Group is preparing to launch a bitcoin covered call exchange traded fund (ETF) for global investors to…
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Microsoft CEO Nadella seeks AI alliance with Hyundai, POSCO, Shinhan, KT

Microsoft CEO Satya Nadella (Courtesy of Microsoft Korea) Microsoft Corp. Chairman and Chief Executive Satya Nadella is seeking to forge…
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Magnachip’s $3M Settlement Update + Exploring Buyers Like Samsung & LG
Hey there, if there are some Magnachip investors here, I have some updates for you on the settlement they recently…
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SK Hynix’s HBM exports plummet, now susceptible to seasonal demand

Exports of SK Hynix Inc.’s multi-chip packages (MCP), including high-bandwidth memory (HBM) AI chips, are rapidly dropping as the South…
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Small firms become prime targets of management disputes in Korea

(Courtesy of Getty Images) Small and medium-sized enterprises (SMEs) accounted for the majority of disputes over corporate management control in…
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Samsung Biologics shares fly high to rank Korea’s third most valuable stock

Samsung Biologics’ booth at the BIO International Convention 2024 held in San Diego (Courtesy of Yonhap) Samsung Biologics Co., the…
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Samsung Life mulls putting Samsung Fire under its wing as subsidiary

Samsung Life Insurance’s headquarters in Seoul Samsung Life Insurance Co., South Korea’s largest life insurer, is considering putting Samsung Fire…
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OpenAI, SoftBank tap Samsung for Stargate AI initiative

SoftBank Chairman and CEO Masayoshi Son (left) and OpenAI CEO Sam Altman attend a talk session in Tokyo on February…
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Samsung set to rebuild with leader Lee cleared of all charges against him

Samsung Group Chairman Jay Y. Lee gives a speech during a visit by US President Joe Biden to the chipmaker’s…
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Kakao set to announce AI partnership with OpenAI

Greg Brockman (left) and Sam Altman, co-founders of OpenAI, discuss the future of AI with Korean AI developers at a…
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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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Korea’s exports snap 15-month gains in Jan despite higher chip sales

Container terminals at the Port of Busan, South Korea (File photo by Hyuk Choi) South Korea’s exports dropped in January…

































