Posh Lens

Mergers & Acquisitions CVC poised to buy S.Korea’s top contact lens maker OLENS

CVC Capital Partners is in the final stage of talks to acquire OLENS, South Korea’s largest contact lens brand, for about 500 billion won ($34...

Automobiles IL Science enters UK silicon lens market

South Korea's IL Science Co. said on Monday that it signed a contract with the US-based automotive electronics company Polymer Optics to supply an i...

Korean startups AI device solution startup Sorcerics gets seed round

South Korea’s artificial intelligence (AI)  smart device solution startup Sorcerics, founded by former Google and Microsoft employees, an...

Electronics LG Innotek, AOE join hands to lead vehicle, XR camera module markets

South Korea’s major camera module maker LG Innotek Co. has joined hands with AOE Optronics Co., an automotive lens-making subsidiary of Taiwan...

Food & Beverage Canada's Tim Hortons to open 2nd store in Gangnam

Canada's No. 1 coffee chain Tim Hortons announced on Thursday that it plans to establish its second South Korean flagship store at the bustling Te...

Food & Beverage Canada's coffee brand Tim Hortons to open store in Gangnam

Canada's No. 1 coffee chain Tim Hortons revealed plans on Tuesday to establish its first South Korean flagship store at the bustling intersection of...

Artificial intelligence Poshmark launches Posh Lens with Naver's AI tech

South Korea's Naver Corp. announced on Thursday that Poshmark, the US-based social e-commerce C2C (consumer-to-consumer) marketplace, has launched a...

Food & Beverage US burger chain Five Guys to launch in South Korea on June 26

The American burger chain Five Guys, which has attracted keen interest in South Korea for its service and prices even before its entry into the coun...

Food & Beverage US burger giant Five Guys set for June S.Korea debut

Five Guys, one of the top three burger brands in the US, will open in June its first branch in South Korea in Seoul’s posh Gangnam District. W...

Private equity MBK to further slim down Homeplus before exit

MBK Partners has put one of the large store buildings of South Korea's supermarket chain Homeplus up for sale as part of an ongoing effort to improv...

Companies South Korea's contact lens exports surge in 2021

South Korea's contact lens brands accelerated their penetration into the global market estimated at $10 billion in 2021, thanks to the market's rebo...

Tech, Media & Telecom Korea’s Optrontec eyes growth in optical lens sales as EVs take off

Optrontec Inc., a small South Korean manufacturer and provider of optical filters, lenses and three-dimensional sensing technology, has been ramping...