Samsung SDI relinquishes polarizer film unit for $834 mn

Samsung SDI relinquishes polarizer film unit for $834 mn

Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business t...

LG Elec to open heat pump research laboratory in Alaska

LG Elec to open heat pump research laboratory in Alaska

LG Electronics Inc. plans to open LG Advanced Cold Climate Heat Pump Laboratory in Alaska, the US for the development of heating, ventilation, &...

LG Chem to sell polarizer businesses to Chinese peers for $800 mn  

LG Chem to sell polarizer businesses to Chinese peers for $800 mn  

LG Chem Ltd., the parent of South Korea’s No. 1 battery maker LG Energy Solution Ltd., will unload its polarizer businesses to two Chinese pla...

Samsung to drop A7 model as focus shifts to premium smartphones

Samsung to drop A7 model as focus shifts to premium smartphones

Samsung Electronics Co. is unlikely to release an A7 model this year as the South Korean tech giant is shifting its business focus to premium and lo...

Average is over; microsegment consumers, professor says

Average is over; microsegment consumers, professor says

The phrase “Average is over” topped the list of 10 key phrases suggested by a renowned Korean consumer behavior professor to predict 202...

Polar Asset joins NPS' hedge fund managers in Q3

Polar Asset joins NPS' hedge fund managers in Q3

National Pension Service (NPS) of South Korea selected Toronto-based Polar Asset Management Partners Inc. as a new mandate of hedge fund managers in t...

Korea’s slated IPOs fail to attract investors

Korea’s slated IPOs fail to attract investors

Investor confidence has waned in South Korea in line with stock market instability. Stock prices of some newly listed companies have failed to mee...

SK's battery unit split-off drives polarized responses

SK's battery unit split-off drives polarized responses

The share price of South Korea's SK Innovation Co. has extended losses following its confirmation on Tuesday of the battery business splif-off plan,...

Korea’s auto parts makers post record revenues in 2020

Korea’s auto parts makers post record revenues in 2020

South Korea’s auto components makers posted another year of strong sales in the global market last year, according to the Detroit-based Automo...

Pandemic polarizes pay between tech and non-tech firms

Pandemic polarizes pay between tech and non-tech firms

Last year's expansion of contactless technologies and services has created a new salary gap among key industries and companies in South Korea.  ...

Polarization in Korean IPO markets delays PEF exits

delaying PE firms' IPOsSimone...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared