Now, it’s K-vehicle: KG Mobility, Kia lead S.Korea’s military vehicle exports
South Korea’s once domestically focused automakers are making significant inroads into the global defense sector, with a string of recent cont...
Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal
Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...
TSMC’s potential deal with Intel keeps Samsung on edge
South Korea’s semiconductor industry is closely watching developments in talks between TSMC and Intel Corp. over the world’s largest con...
MBK wins enough stake in tender offer to control Korea Zinc
North Asia-focused private equity firm MBK Partners Ltd. has secured a large enough stake in Korea Zinc Inc. through a tender offer to take control ...
Alternative investment experts to gather Oct. 16-17 at ASK 2024
South Korea’s major institutional investors and global asset managers will gather at the ASK 2024 global alternative investment conference on ...
Korea Investment Corp. appoints Park Il Young as its new CEO
South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...
LG Elec unveils gram laptop featuring Intel Series 2
LG Electronics Inc. unveiled its latest LG gram laptop on Wednesday, powered by Intel's new Intel Core Ultra processor (Series 2) during an ...
Samsung’s new 2 nm foundry process to cut chip size by 17%
A new contract chipmaking technology, dubbed the backside power delivery network (BSPDN), will reduce the size of a 2-nanometer chip by 17%, compare...
Solus to supply copper foil for AI accelerators to Nvidia
Solus Advanced Materials, a South Korean copper foil supplier, will provide copper foil for AI accelerators to Nvidia, a leading company in artifici...
Dongbu Corp exceeds $730 bn in new orders
South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...
NPS corp governance committee taps SNU professor as member
A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...
Korea’s Incheon Airport Corp. signs $3 billion deal to run Manila airport
South Korea's state-run Incheon International Airport Corp. (IIAC) has signed a $3 billion deal to operate Manila's Ninoy Aquino International Airpo...
Samsung to receive over $6 bn in US chip subsidies, eyes extra investment
South Korean tech giant Samsung Electronics Co. is expected to receive more than $6 billion in US chip subsidies as the Joe Biden administration is ...
Lotte puts Lotte Chemical Titan in Malaysia on market
Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tit...
SK Telecom brings forward 6G era with low-latency tech
South Korea’s information and communications technology (ICT) major SK Telecom Co. has developed a new technology jointly with US tech giant I...
Korea Investment leads Mongolia Mortgage Corp.'s global bond issuance
Korea Investment & Securities Co. (KIS) announced on Tuesday its successful completion of the lead management for a $225 million global bond iss...
Kakao Mobility's talks to acquire FreeNow in deadlock
Kakao Mobility Corp.’s ambition to go global has hit a roadbock after its parent group Kakao Corp. rejected its draft bid to buy Germany-based...
Samsung to release Galaxy Book4 laptop series in January
Samsung Electronics Co. will release its laptop lineup Galaxy Book4 series on Jan. 2, 2024, with a new intelligent processor for high performance an...
Korea Housing Finance Corp. opens New York office
Korea Housing Finance Corporation announced on Wednesday that it has opened a New York office to serve as a hub for its overseas fund procurement ac...
Kakao taps venture capital unit head as new CEO to lead reform
Kakao Corp., South Korea’s top mobile platform under fire for its extremely aggressive business expansion, tapped its venture capital unit hea...
Hanwha to boost battery production equipment business
Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is working to bolster its secondary battery manufacturing equipment business wi...
After a boom and bust, the chip industry Is regaining its health
The global semiconductor industry is bottoming out, executives say, signaling a rebound in some areas of technology and providing relief for the U.S...
Hyundai Motor's K-UAM One Team collaborates with Incheon
The "K-UAM One Team," an urban air mobility (UAM) consortium consisting of five companies, including Hyundai Motor, has announced that it signed a m...
Naver replaces Nvidia GPU with Intel CPU for its AI map app server
South Korea’s web portal giant Naver Corp. has replaced the main chip supplier of its artificial intelligence server for its map service, Nave...
SK Telecom's solution slashes cloud operating costs up to 40%
South Korea's SK Telecom Co. on Monday said it launched an optimization solution based on Amazon Web Services (AWS) that slashes cloud operating cos...
Bank of Korea appoints new senior deputy governor
The Bank of Korea announced on Friday that it has appointed Ryoo Sang-dae, the current vice president of Korea Housing-Finance Corp., as its new s...
Hyundai Motor chairman visits Intel, seeking stable supply of chips
Hyundai Motor Group Chairman Chung Euisun toured Intel Corp.’s Leixlip Campus in County Kildare, Ireland last week to check out the latest tec...
Intel’s foundry revamp sets off alarm bells for Samsung, TSMC
Intel Corp.’s announcement to restructure its manufacturing business to become a leading foundry player is setting the stage for a bigger show...
CJ CGV seeks more fund from parent, stocks at 15-yr low
Shares of CJ CGV Co., South Korea’s top multiplex cinema chain, hit the lowest level since the 2008-09 global financial crisis on Wednesday as...
Tierone Corp.
Key facts Industry Injection molding & product development consultancy Mainstay products/services Injection molding with QDM, family...
