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February 16, 2021
Optrontec CEO Hong Sagoan Optrontec Inc., a small South Korean manufacturer and provider of optical filters, lenses and three-dimensional sensing technology, h
February 16, 2021
From left: Executive directors Koh Dong-jin, Kim Hyun-suk, Kim Ki-nam (Photo by Hur Moon-chan) Samsung Electronics Co. has decided to maintain its current boar
February 16, 2021
KTB Network is exiting its investment in Woowa Brothers, sold to Delivery Hero for $4 billion. KTB Network Co., a South Korean venture capital firm, will renew
February 16, 2021
Solum, a wireless communications module maker, debuted Feb. 2 on the Korea Exchange. Initial public offerings in South Korea are expected to top 20 trillion won ($18 billion) in value this year, the largest amount for a single year in the country, with a greater number of high-profile companies, including LG Energy Solution Co., preparing for billion-dollar offerings in coming months. The estimated IPO volume this year is about five times the 4.7 trillion won for the who...
February 16, 2021
The 214-square-meter Kyochon restaurant in Sookdae, Seoul, opened in January 2020. South Koreas No. 1 fried chicken brand Kyochon F&B reported all-time high earnings last year, with its franchise restaurant outlets pulling in total sales of over 1 trillion won ($910 million), according to industry sources on Feb. 16. Last year, the companys headquarters reported 447.6 billion won in revenue, up by 18% from the previous year. Its operating profit also climbed by 4% to 41 bill...
February 16, 2021
Amorepacific Corp., the South Korean beauty giant, has signed a partnership agreement with Shopee, a Singaporean e-commerce platform, to expand its influence
February 16, 2021
South Korean retail giant Shinsegae Groups corporate venture capital (CVC) fund Signite Partners has invested in Grab Holdings Inc., a Southeast Asia-based r
February 16, 2021
South Korea’s Hyundai Motor Group and steel giant POSCO have agreed to cooperate in hydrogen-related projects and jointly explore overseas business oppo
February 15, 2021
A worldwide semiconductor shortage, which started with automotive chips, is getting worse, spreading to equipment makers and backend companies that assemble k
February 15, 2021
Hanwha Solutions solar-to-hydrogen cells Hanwha Solutions Corp. plans to raise 1.41 trillion won ($1.3 billion) in a rights offering next month following more