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[THE INVESTOR] Seoul City has chosen top mobile carrier SK Telecom as the main operator of its pilot project to test autonomous cars using 5G technology, according to sources on Jan 18. “The projec...
[ THE INVESTOR] Korea’s leading biosimilar firm Celltrion announced on Jan. 18 that it has won a lawsuit over invalidating Samsung Biogen’s patent on Rituxan, a blockbuster drug for treating non-Ho...
[THE INVESTOR] Korea’s largest biopharmaceutical business association announced on Jan. 17 that it aims to boost the local industry in 2019 and make it a global powerhouse. “This year, we must use ...
[THE INVESTOR] Mercedes-Benz Korea said on Jan. 17 it will launch an all-electric vehicle and four hybrid models to its lineup this year to gain a bigger market share here. The German carmaker p...
[THE INVESTOR] Lotte Chemical said on Jan. 17 that its affiliate has acquired a Turkish engineered stone producer for 125 billion won (US$112 million). Lotte Advanced Materials will hold 72.5 pe...
[THE INVESTOR] SsangYong Motor said on Jan. 16 it will raise 50 billion won (US$47 million) through a rights issue for new vehicle development and facility investments. The carmaker plans to rel...
[THE INVESTOR] Korea’s state pension operator said on Jan. 16 that it will decide in February whether to actively exercise its shareholders’ right over Korea Air and its holding firm Hanjin KAL. ...
[THE INVESTOR] Bukwang Pharmaceutical announced on Jan. 15 that is has sold its 7.11 percent stake, worth around 39.7 billion won (US$35.40 million), in Anterogen through an after-hours block deal. ...
[THE INVESTOR] Hyundai Motor said on Jan. 16that Singapore-based Grab began using its Kona Electric for its ride-hailing service this month. In November, Hyundai and its affiliate Kia Motors joi...
[THE INVESTOR] KB Investment, an affiliate of KB Financial Group, announced on Jan. 15 that it has invested US$3 million in US-based bio firm Neuroptika. Established in December last year in Boston...
[THE INVESTOR] Troubled Korea National Oil Corp. is poised to sell more overseas assets -- this time, Dana Petroleum -- to cut down on debts and improve its financial health, industry sources said o...
[THE INVESTOR] Korea’s antitrust watchdog said on Jan. 15 that it has fined Toyota Motor Korea 817 million won (US$729,000) for deceptive advertising of its RAV4 sport utility vehicle. The carma...
[THE INVESTOR] Hyundai Motor’s Kona SUV and Genesis G70 sedan won the coveted North American Car, Utility and Truck of the Year awards at the Detroit auto show, the carmaker said on Jan. 15. The...
[THE INVESTOR] Korean pharmaceutical company Dong-A ST announced on Jan. 14 that it aims to expand its ethical drug division by stepping up sales of Suganon. “We are hoping for Suganon’s sales to...
[THE INVESTOR] GM Korea’s Trax compact sport utility vehicle topped the list of locally produced vehicles in terms of outbound shipments last year, industry data showed on Jan. 14. In 2018, 239,...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
