Deal graveyard: S.Korean F&B franchise sales left without takers

Korean food is making waves globally, but back home, the story is different for food and beverage franchise operators. Franchisors in South Korea ar...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features

NEW YORK – Samsung Electronics Co. has unveiled its slimmest and most powerful foldable smartphones yet, loading them with artificial intellig...

Korean waste management firm Koentec put on market for $730 mn

Korea Environment Technology Co. (Koentec) is up for sale in a deal that could fetch up to 1 trillion won ($730.4 million) with global private equit...

Naver Webtoon’s Eleceed: Now anime by studio behind The First Slam Dunk

High school student Seo Jiwoo knows nothing of the hidden world around him. Terrified of his own mysterious powers, he lives quietly, concealing his...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel

JKL Partners Inc., a Seoul-based private equity firm, is set to acquire London Bagel Museum, a growing sensation in South Korea’s booming prem...

F&F’s bid for TaylorMade complicates Centroid's exit

South Korean fashion retailer F&F Co., the largest strategic investor in TaylorMade Golf Co., has announced a bid for the golf equipment and app...

LG CNS forms strategic partnership with robotics startup Skild AI

LG CNS Co., the information technology service arm of LG Group, said on Tuesday it has formed a strategic partnership with Skild AI to develop AI-dr...

LG Energy cracks China's cylindrical battery market with Chery deal

LG Energy Solution Ltd. said on Monday it has signed a six-year contract with Chery Automobile Co. to supply 8 gigawatts per hour (GWh) of next-gene...

Samsung teases new foldable phones with advanced AI

Samsung Electronics Co. will empower its next Galaxy Z foldable smartphones with advanced artificial intelligence features as it seeks to extend its...

Samsung, Perplexity close to AI alliance: Bloomberg

Samsung Electronics Co. is reportedly in advanced talks to equip its next flagship Galaxy smartphone series with the artificial intelligence-powered...

LG, Samsung vie for crown in wheeled TV market

The market for TVs mounted on a rollable stand has emerged as a new battleground between South Korea’s top two TV brands, LG and Samsung, four...

Now, slim is in – and Samsung aims to be No. 1 with Galaxy S25 Edge

With the advent of mobile AI, the performance arms race among smartphone makers is reaching diminishing returns, as some market analysts put it.The ...

Dongwon Industries to delist wholly owned Dongwon F&B

Dongwon Industries Co., the holding company of South Korea’s seafood-to-logistics Dongwon Group, will delist its canned tuna-manufacturing sub...

NPS pours $3.9 bn to buttress Korean stock market

South Korea’s National Pension Service, the country’s largest institutional investor, has come to the rescue of the domestic stock marke...

Samsung Display picked as sole OLED screen supplier for foldable iPhone

Samsung Display Co., the display-making unit under Samsung Electronics Co., will exclusively supply organic light-emitting diode (OLED) displays for...

L&F to invest $10 mn in Mitra Chem for US LFP production

L&F Co., a South Korean electric vehicle battery materials supplier, plans to invest $10 million in Mitra Chem, a US lithium-ion battery ingredi...

JPMorgan, Jefferies picked to manage TaylorMade Golf sale

Centroid Investment Partners, a Seoul-based private equity firm, has selected JPMorgan and Jefferies as lead managers for the sale of TaylorMade Gol...

IGIS puts office tower, 2 nearby hotels on market in bundled sale

Prime office complex AP Tower and two adjacent hospitality properties in Seoul’s Gangnam Business District have been put up for sale in a bu...

LG Electronics deepens ties with US startup Apex.AI

LG Electronics Inc. has invested in Apex.AI, a US-based startup developing safety-certified software designed to accelerate the transition of softwa...

Samsung Electronics' new Galaxy S25 smartphone: 'Perfect AI assistant'

SAN JOSE, Calif. – Last year, Samsung Electronics Co. scored a first-mover advantage with consumers by introducing the Galaxy S24 as an AI sma...

Imagoworks raises $15.6 mn in Series C funding

Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...

South Korea mulls visa waiver for Chinese group tourists

South Korea is considering temporary visa exemptions for Chinese group tourists to boost the domestic tourism sector, after being spooked by the bot...

Google unveils Android XR platform to launch on Samsung headset

SILICON VALLEY/SEOUL -- Global tech giant Google LLC on Thursday introduced a new operating system for extended reality (XR) devices to be installed...

Samsung invests in AI security platform Axiado

Samsung Electronics Co. said on Thursday it invested in the Series C funding round of Axiado, a US-based artificial intelligence (AI) security platf...

Disney Plus bets big on Korean content to boost global presence

SINGAPORE -- Disney Plus, a global over-the-top (OTT) platform, is expanding its lineup of original Korean titles, buoyed by the popularity of K-dra...

Panmnesia raises $57 mn in Series A funding

Panmnesia, a South Korean fabless startup specializing in compute express link (CXL) technology, said on Tuesday it raised 80 billion won ($57 milli...

L&F to supply ultra-high nickel cathodes to Korean, US EV makers

South Korea’s leading battery materials maker L&F Co. plans to begin mass production of nickel-cobalt-manganese (NCM) battery cathodes wit...

LG H&H, DSH to nurture beauty tech startups

South Korean cosmetics giant LG H&H Co. said on Thursday that it will run an open innovation program with the US-based Draper Startup House (DSH...

Self-driving tech startup RideFlux raises $1.9 mn in Series B

RideFlux Inc., a South Korean autonomous driving technology startup, raised 26 billion won ($1.9 million) in a Series B funding round about four mon...

Samsung Asset releases KODEX India ETF Investment Guide

South Korea's Samsung Asset Management said on Monday it released its KODEX India ETF Investment Pocket Guide.The guide provides information on the ...