Page 10 - Future Unicorns News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hyundai's　Asan　plant. Hyundai Motor Co. will likely suspend a second plant due to a component supply disruption as a global shortage of automotive chips is putting the top South Korean automaker under increasing pressure. According to industry sources on Apr. 5, Hyundai Motor notified its labor union of its decision to halt its Asan plant for three days from Apr. 7 and run only half of the facilities for Apr. 12-15. The Asan factory mainly produces the Sonata and Grandeur sedans. The brief suspension was due to a shortage of the power control unit (PCU) that supports the vehicle electrica...

Ye-Jin Jun 3 HOURS AGO ENG DoubleDown Interactive LLC, a South Korean social casino game publisher, has resumed the process to go public on the Nasdaq, tapping the red-hot US IPO market with improved earnings amid the social distancing trend.  The mobile and web-based game developer has recently submitted a revised Form F-1, or a statement required for a US listing, to the US Securities and Exchange Commission. The revised statement updated its financial details filed in June 2020, reflecting a 44% year-on-year surge in net profit on a 32.6% increase in revenue last year, accordin...

Radish,　a　US-based　mobile　fiction　platform,　was　co-founded　by　CEO　Seung　Yoon　Lee　in　2016 South Korea's mobile giant Kakao Corp. is in negotiations to buy management rights of the US-based mobile fiction startup Radish Fiction for around 400 billion won ($354 million), amid intense competition for storytelling content among internet platforms, streaming service providers and even telecom giants. Kakao Entertainment, a platform for web novels and comics, has been at the negotiation table with Radish on behalf of its parent group, according to investment banking sourc...