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Optrontec CEO Hong Sagoan Optrontec Inc., a small South Korean manufacturer and provider of optical filters, lenses and three-dimensional sensing technology, h
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
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
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 whole of 2020, as a slew of startups race to go public to take advantage of abundant market liquidity a...
The 214-square-meter Kyochon restaurant in Sookdae, Seoul, opened in January 2020. South Korea's 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 company's headquarters reported 447.6 billion won in revenue, up by 18% from the previous year. Its operating profit also climbed by 4% to 41 billion won. The company's performance is owing to the food delivery boom amid the global pandemic. Th...