LastWar:Survival

Business & Politics S.Korea's Yoon survives impeachment; economic fundamentals firm

South Korean President Yoon Suk Yeol survived an impeachment vote against him after an overwhelming majority of governing party lawmakers boycotted ...

Mergers & Acquisitions Hyundai sells Chongqing plant at $227 mn for China restructuring

Hyundai Motor Co. has sold its plant in Chongqing for $227 million as the leading South Korean carmaker continues restructuring its business to surv...

Electric vehicles Hyundai bets big on deep discounts to survive EV plateau

Hyundai Motor Co. is going all out to revive drivers’ interest in electric vehicles with significant price cuts in the US, the world’s s...

Leadership & Management SK Group needs agility to survive disruptions: chairman

South Korea's No. 2 conglomerate SK Group needs agile responses to rapidly changing business circumstances amid global geopolitical crises, C...

Corporate strategy Late Samsung chairman Lee's New Management back in spotlight

As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...

Travel & Leisure S.Korea's travel agencies fight for survival with customized products

South Korea’s major travel agencies, feeling threatened by the rise of online travel agencies on the tourism market, are using their strengths...

Mergers & Acquisitions With long-gone heyday, Capro clings to stake sale for survival

Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...

Korean startups Korean startups opt for Konex, loans for survival during IPO winter

South Korea's anemic initial public offering market has forced the country’s startups to become more creative in raising funds as they shift t...

Bio & Pharma Prestige Bio's Herceptin biosimilar proves equivalence in clinical trials

Prestige Biopharma, a South Korean biopharmaceutical developer, said on Tuesday that the final analysis of phase 3 clinical trial on the anti-cancer...

Korean startups Profit matters for survival of startups amid investment drought

As venture capitalists tighten their purse strings amid looming recession fears, only startups with killer products that generate profits are well-p...

Business & Politics LIG Nex1 wins order to develop super-compact sensors for submarines

South Korean company LIG Nex1 will develop technology for ultra-miniature sensors that can be mounted on unmanned submarines.The company announced o...

Corporate strategy SK’s Chey says survival is now top priority over profits

SK Group Chairman Chey Tae-won says that survival now takes top priority over profits and management efficiency as escalating tensions between the U...

Future mobility Korean e-scooter platforms diversify to survive

South Korean shared electric scooter platforms are taking over their smaller rivals or entering new markets as beefed-up safety guidelines on two-wh...

Retail Retailers rely on property redevelopment as earnings sag

South Korea’s large retailers are keen on redeveloping their decades-old stores into modern residential and commercial complexes as a way out ...

Korean chipmakers Ex-Samsung exec says Korea chip sector needs more support

South Korea’s semiconductor sector needs more support from the government not only to compete against global rivals backed by their own govern...

Alternative investments Korea's new asset managers survive with competitive edge

  Most new asset management firms in South Korea end up lagging the competition due to their smaller sizes. They suffer from operating losses ...

Energy ESG fever puts Korean oil refiners in quandary over facility upgrades

South Korea’s four major oil refiners have for decades been at the forefront of the industry push to upgrade facilities, a combined multi-bill...

Alternative investments Global cities with young elites will survive in long term, RXR chairman says

Now it is time to invest in e-commerce, healthcare and multifamily housing, or the so-called three megatrends, which have increased in demand during...

Entertainment Netflix’s ‘Squid Game’ Is the Dystopian Hit No One Wanted—Until Everyone Did

SEOUL—South Korea’s dystopian drama “Squid Game” might become Netflix Inc.’s biggest hit ever. But for a dec...

Music & Entertainment Squid Game: Bloody battle for survival reflects reality – director

Netflix original South Korean drama “Squid Game” is making history again for K-content, topping the platform’s global chart as the...

Korea's unicorn makers KB Investment CEO says VC boom shouldn't be dismissed as mere bubble

South Korea-based venture capital firms are likely to see rankings shift once the glory days of lucrative exits in a liquidity-driven market are gon...

E-commerce Survival of the richest: Coupang corners Baemin

South Korea's e-commerce giant Coupang Corp. is ready to take over the food delivery market via aggressive investments -- a move that is pressuring ...

Market Trend Survival of the fittest for Korean firms in COVID-19 era

The global COVID-19 pandemic has shaken up South Korea's industry landscape, whereby in each of the country's core industries, such as airline, smar...