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Celltrion Pharm, the generic arm of Celltrion, announced Nov. 14 that its sales jumped 36.6 percent in the third quarter from a year earlier to 47.43 billion won ($40.7 million). The South Korean co...
South Korean battery developer Iljin Materials announced Nov. 13 that it has received 600 billion won ($512.47 million) in funding from local private equity firm STIC Investment through its unit in M...
Samsung Biologics announced Nov. 14 that it has received 27001 security certification from the Geneva-based International Organization for Standardization. The company emphasized that it is the firs...
The National Pension Service of Korea said on Nov. 14 it will vote in favor of Fila Korea ’s plan to turn into an intermediate holding company and split off its Korean operation under its umbrella....
Korean cosmetics giant and private equity firms are considering acquiring global cosmetics brand Physiogel, which is known for its moisturizers, according to industry sources Nov. 13. In June, globa...
Korean biotech firm Hugel announced Nov. 12 that its operating profit jumped 225 percent in the third quarter from a year earlier to 18.2 billion won ($15.57 million). Its sales increased by 46.4 pe...
China’s Singles’ Day, the country’s biggest shopping blitz created by e-commerce giant Alibaba, hit another record on Nov. 11, selling goods worth 84 billion yuan ($12 billion) in the first hour, jum...
South Korean cable TV operator D’Live is hoping to sell Cube Entertainment, the agency behind K-pop signers BTOB and (G)I-dle, according to industry sources Nov. 11. The company has picked EY Han Yo...
South Korean exports of electric vehicles more than doubled in the first 10 months of this year on brisk demand from advanced markets, data showed Nov. 11. The country’s overseas shipments of EVs...
GOTTINGEN, Germany -- Behind the market expansion of Samsung’s biologics business is 149-year-old Sartorius, a German firm that has helped it grow rapidly. Founded in 1870, the German company suppli...
A consortium led by cosmetics-to-airline conglomerate Aekyung Group and two other consortia have submitted final bids for Asiana Airlines, industry sources said Nov. 7. The Aekyung-Stone Bridge C...
Major telecom operator KT and leading shipbuilding conglomerate Hyundai Heavy Industries said Nov. 7 they will step up collaboration to develop advanced smart factory solutions based on the 5G networ...
South Korean pharmaceutical firm Samsung Bioepis said Nov. 7 it has entered into a new commercialization agreement worth $370 million with US partner Biogen. Under the partnership, Biogen will be...
LG Chem on Nov.7 opened its new petrochemical tech center to boost its competitiveness in the sector. The company said its petrochemical tech center in Osan, some 50 kilometers south of Seoul, ha...
Haimarrow Food Service, a local hamburger franchise operator, announced on Nov. 5 that is has decided to sell 57.85 percent stake held by its Chairman Jung Hyun-sik. The PEF will also acquire 1,283,...
Russia approves HDC’s Asiana takeover, final stage for merger deal cleared: HDC
Hyundai Mobis invests W25b in US tech funds for future mobility
Korean PEF inches closer to KDB Life acquisition
Authorities to expand local companies’ access to financial database
Kakao Pay Securities highlights fun factor in stock trading
Watchdog urges full compensation for damages from ponzi-involved Lime fund
Seoul emerges top 20 in global startup ecosystem report
FSS finds no proof on alleged hacking attempts of Toss: sources
July 05, 2020
