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Hyundai Motor and its affiliate Kia Motors said Sept. 9 they’ve sold more than 44,000 electric vehicles in the first half of the year. South Korea’s two largest carmakers under Hyundai Motor Grou...
South Korean retail giant Shinsegae Group and global coffee chain Starbucks are likely to extend their partnership for another 10 years, industry sources said Sept. 3. Founded in 1999, Starbucks Kor...
Lotte GRS on Sept. 1 announced that it has sold its stake in Burger King Japan to Hong Kong-based global private equity firm Anchor Equity Partners for around 10 billion won ($8.7 million). “We deci...
Private equity firm Unison Capital profited a whopping 279 billion won ($230.53 million) from selling tea franchise Gong Cha Korea, in which it had invested about 71 billion won, according to industr...
Celltrion Group expects to receive approval for biosimilar Remsima SC from European authorities for sales before the end of this year, founder and Chairman Seo Jung-jin said at a bio conference on A...
South Korea’s Boryung Pharmaceutical announced on Aug. 27 it had received approval from the US Food and Drug Administration to start a phase 1 clinical trial of its drug candidate BR2002 The phase 1...
The Korea Exchange, South Korea’s stock market operator, on Aug. 26 announced its decision to delist troubled Kolon Group ’s US gene therapy-developing unit Kolon TissueGene . In late March, a c...
GS Group Chairman Huh Chang-soo called for preemptive measures to respond to the sluggish economy at a strategy meeting held on Aug. 25 and 26. Under the theme “Strategies for Growth in Low-Growth E...
South Korean steelmaker Posco announced on Aug. 25 the launch of its second #SteelSaveEarth campaign starting Aug. 28 to raise awareness on the detrimental effects of single-use plastic waste on the ...
Phillip Morris International on Aug. 21 released a white paper titled “Unsmoke: Clearing the Way for Change,” based on survey results of smokeless products and their impacts on smokers’ lives. “Thes...
To blame or not to blame the performance of South Korea’s power generator on the anti-nuclear power policy? This question has emerged yet again following news of Korea Electric Power Corp.’s quarterl...
Hyundai Motor is poised to join a ride-hailing movement that is taking on a new shape since the government announced a series of measures emphasizing the need to obtain taxi licenses, industry source...
South Korea’s Hanwha Q Cells topped the US residential solar module market in the first quarter, industry data showed Aug, 20. Hanwha Q Cell’s market share in the sector stood at 27 percent in th...
Celltrion in May established Celltrion Biopharma, its first unit in Ireland, for further expansion in the European biosimilar market, according to industry sources on Aug. 20. At the new unit, the ...
Korea Kolmar has established a new unit in Vietnam recently, according to sources on Aug.19. The Korean cosmetics maker injected around 10 million won ($8,260) in Hankol Healthcare Vina and plans to...
Huawei set to continue foldable hype with Mate X launch
Nasdaq-listed Cognex acquires S. Korean AI startup Sualab
Eastar Jet denies sale rumor
Himedi rides on ‘medical Hallyu’
Proptech startup Kasa snaps up W7b in series A funding
S. Korean telcos’ cable network M&A process drags on
CarrieSoft to raise W8.2b in 2nd IPO attempt
Ministry orders Medytox to scrap Meditoxin inventory for exports
October 21, 2019
