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Corporate strategy Dongwon Industries to delist wholly owned Dongwon F&B

Dongwon Industries Co., the holding company of South Korea’s seafood-to-logistics Dongwon Group, will delist its canned tuna-manufacturing sub...

Korean stock market NPS pours $3.9 bn to buttress Korean stock market

South Korea’s National Pension Service, the country’s largest institutional investor, has come to the rescue of the domestic stock marke...

Batteries L&F to invest $10 mn in Mitra Chem for US LFP production

L&F Co., a South Korean electric vehicle battery materials supplier, plans to invest $10 million in Mitra Chem, a US lithium-ion battery ingredi...

Mergers & Acquisitions JPMorgan, Jefferies picked to manage TaylorMade Golf sale

Centroid Investment Partners, a Seoul-based private equity firm, has selected JPMorgan and Jefferies as lead managers for the sale of TaylorMade Gol...

Batteries L&F to supply ultra-high nickel cathodes to Korean, US EV makers

South Korea’s leading battery materials maker L&F Co. plans to begin mass production of nickel-cobalt-manganese (NCM) battery cathodes wit...

Aerospace & Defense S.Korea’s KF-21, Lockheed's F-16 shortlisted for Philippine fighter jet deal

South Korea’s homegrown fighter jet KF-21 is competing against US defense firm Lockheed Martin Corp.’s F-16 for the Philippine governmen...

Food & Beverage Daishin Securities lowers its price target for Nongshim

Daishin Securities Co. cut its price target on Nongshim Co.'s stock to 530,000 won ($397) from 550,000 won ($412) on Tuesday, saying the company's o...

Batteries Hyundai Steel set to supply iron powder to Korean LFP cathode makers

Hyundai Steel Co., a unit of South Korean automotive group Hyundai Motor Co., is set to enter the battery materials business by supplying iron powde...

Real estate Daishin Securities shelves main office building sale to NH-Amundi

Daishin Securities Co. has called off a plan to sell its headquarters building in a central business district of Seoul to NH-Amundi Asset Management...

Fashion F&F to expand Discovery brand across Asia

F&F Co., a South Korean clothing company, said on Monday it signed an exclusive deal with Warner Bros. Discovery (WBD) to bring the outdoor bran...

Artificial intelligence LG to foster smart factory business as new B2B growth driver

PYEONGTAEK, Gyeonggi Province -- LG Electronics Inc., the leading global home appliance maker, aims to foster its smart factory business as a new gr...

Fashion F&F to expand Discovery clothing business across Asia

F&F Co., a South Korean clothing company, has secured exclusive rights to use the Discovery Channel brand across Asia to reinvent the documentar...

Bio & Pharma GC Biopharma sells HK subsidiary to CR Pharm Group for $254 mn

South Korea’s GC Biopharma Corp. announced on Wednesday that it signed a share purchase agreement (SPA) to sell all its shares in its Hong Kon...

Aerospace & Defense KAI inks $1.4 bn supersonic fighter jet mass production deal

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, said on Tuesday it signed a 2 trillion won ($1.4 bil...

Batteries L&F, CNGR to collaborate to respond to US IRA

L&F Co., South Korea’s major cathode supplier announced Tuesday that it signed a memorandum of understanding (MOU) with Chinese precu...

Upcoming IPOs F&B chain operator TheBorn Korea eyes IPO in 2024

South Korea’s leading food and beverage group TheBorn Korea Inc., which operates 25 restaurant and café chains in domestic and global m...

Batteries Tesla supplier L&F wins $6.8 bn cell materials deal in Europe

L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., has won a $6.8 billion contract to sell cathodes to a major c...

Batteries L&F signs $9.7 bn cathode supply contract with SK On

South Korea's cathode supplier L&F Co. announced that it signed a contract with the rechargeable battery maker SK On for an electric vehicle (...

Real estate Daishin to sell its headquarters at $493 mn to NH-Amundi

South Korea’s Daishin Securities Co. is set to sell its headquarters office to NH-Amundi Asset Management Co. for 660 billion won ($492.6 mill...

Private equity Korean rental platforms become headache for PE investors

South Korean rental platforms have become a headache for private equity firms, with their declining profits and dim business outlooks making them ha...

Batteries Tesla, Korea's EcoPro presumed to enter battery materials deal

Tesla Inc., the world’s No. 2 electric vehicle maker, is believed to have agreed to procure battery ingredients from South Korea’s EcoPr...

Aerospace & Defense S.Korea to buy more F-35As, but picks Embraer C-390s for transport

South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerospace company Embraer&...

Batteries L&F to invest $1.9 bn to build key battery materials plants

DAEGU, South Korea – L&F Co., South Korea’s major cathode supplier seeking to transform into a comprehensive battery materials produ...

Batteries Tesla supplier L&F to ink $15 bn materials deal in Europe

L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., is set to sell products in Europe through an estimated $15 bi...

IPOs Tesla supplier L&F's precursor unit begins IPO process

L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., has embarked on a process to list its subsidiary in the local...

Korean food Dongwon F&B to accelerate global push with StarKist

COLOGNE, Germany – Dongwon F&B Co., South Korea’s largest canned tuna manufacturer, will break away from its domestic sales-focused ...

Leadership & Management Ex-CEOs return to firms in Korea for operational stability

Former chief executives of South Korean firms are being recruited by their previous employers as the companies need the seasoned experience of these...

Private equity SK Group, NPS may exercise put option on Masan without gain

South Korean institutional investors, including SK Group and National Pension Service (NPS), are likely to only recover their principal without prof...

Earnings Tesla supplier L&F’s earnings disappoint; shares down

L&F Co., global electric vehicle leader Tesla Inc.’s battery materials supplier, missed quarterly earnings estimates on sluggish product p...

Fashion S.Korea’s men’s fashion platform Deps launches offline store

Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...