access control solutions

Batteries LG Energy Solution clinches multibillion-dollar ESS deals in Japan, Europe

LG Energy Solution Ltd. has secured a string of billion-dollar energy storage system (ESS) deals in Japan and Europe, outmaneuvering Chinese rivals ...

Mergers & Acquisitions Korea Zinc faces multiple legal, regulatory challenges in fight against MBK

Korea Zinc Inc. Chairman Choi Yun-birm appears to have kept his grip on the world’s largest zinc smelter after successfully fending off an MBK...

Shareholder activism STIC Investments draws activist interest, including Align Partners

STIC Investments Inc., South Korea’s only listed private equity firm, has become the latest target of shareholder activism as Seoul-based Alig...

Cryptocurrencies BlackRock sees digital assets at critical turning point

Digital assets are poised for robust structural growth – not just as investment vehicles but as strategic assets – fueled by growing ins...

Leadership & Management Kakao founder Kim to resign as control tower chair

Kakao Corp. founder Kim Beom-soo, also known as Brian Kim, will step down as chairman of the South Korean tech giant’s top decision-making bod...

Korean Investors Samsung to invest $10 million in US-based C2N Diagnostics

Samsung Group companies will jointly invest $10 million in C2N Diagnostics LLC, a U.S.-based company specializing in blood-based Alzheimer’s d...

Mergers & Acquisitions MBK's fight for Korea Zinc control drags on after court ruling

The battle for control of Korea Zinc Inc. between an MBK Partners-led alliance and the zinc smelter’s Chairman Choi Yun-birm is evolving into ...

Real estate Korea’s top property asset manager IGIS Asset’s controlling stake up for sale

South Korea’s top real estate asset management firm IGIS Asset Management Co. plans to sell a controlling stake owned by the heirs of the comp...

Airlines Sono Hospitality becomes new owner of Korean budget carrier T’way Air

South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...

Private equity Bain Capital acquires control of Mohegan's Korean resort

Private equity firm Bain Capital has acquired control of Mohegan Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in ...

IPOs Korean firms cut IPO prices, volumes amid bearish sentiment

South Korean companies are relaunching attempts to go public with lower valuations and fewer shares amid continued sour investor sentiment.CK Soluti...

Robotics LG Electronics secures control of Bear Robotics

LG Electronics Inc. has secured control of Bear Robotics Inc., a service robot developer, by raising its stake to 51% from 21% as it aims to expand ...

Debt financing Korean bonds heavily oversubscribed in January boom

South Korea’s debt market got off to a strong start this year, as several blue chip companies made a bold return to the bond market for new is...

Airlines Sono Hospitality heralds proxy fight to control T’way Air

Sono Hospitality Group, South Korea’s top resort operator, has vowed to more actively horn in on the business of T'way Air Co., portending a p...

Robotics LG CNS, Bear Robotics to co-develop autonomous robots

LG CNS Co., a South Korean information technology service company, said on Monday it signed a memorandum of understanding (MOU) with Bear Robotics...

ESG Korea Investment Holdings’ MSCI ESG rating upgraded to A

Korea Investment Holdings Co. said on Thursday it was upgraded by three notches from B to A in the MSCI ESG rating this year.The MSCI ESG rating is ...

Cryptocurrencies Korea seeks tighter control over digital coins, mulls mandatory disclosures

South Korea plans to tighten its controls over cryptocurrency trade in the country by mandating information disclosures for listed virtual assets an...

Mergers & Acquisitions Korea Zinc chair reported to prosecutors over rights issue

South Korea’s Financial Supervisory Service (FSS) has reported Korea Zinc Inc.'s Chairman Choi Yun-birm and its board of directors to prosecut...

Bio & Pharma JLK gets OK from FDA for ICH diagnosis solution

South Korea’s JLK Inc., an AI-based diagnosis solution and platform maker, said on Monday it got 501K approval from the US Food and Drug Admin...

Corporate investment Mirae Asset invests $200 mn in LS Group affiliate in US

South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...

Foreign exchange South Korea expands foreign banks' access to forex market

An increasing number of foreign banks without a physical presence in South Korea are gearing up to offer dollar-won conversion services to non-Korea...

Bio & Pharma Korean drugmakers control more than half of European biosimilar market

South Korea’s two leading drugmakers, Celltrion Inc. and Samsung Bioepis Co., have achieved a significant milestone in the European biosimilar...

Korean startups Imagoworks raises $15.6 mn in Series C funding

Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...

Aerospace & Defense Hanwha Systems to export K11's tactical control to Egypt

Hanwha Systems Co., a leading South Korean defense company, said on Monday it will export fire tactical control systems of K11 Fire Direction Center...

Corporate governance Hanmi Pharm’s chair poised to win management feud with her son

Hanmi Pharmaceutical Group Chairman Song Young-sook is poised to claim victory in a year-long dispute with her eldest son Lim Jong-yoon to take cont...

Mergers & Acquisitions Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn

South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...

Korean startups TALOS dives deeper into brain aneurysm icebergs

 A single neurosurgeon dedicates his or her entire professional career to performing surgeries on an average of fewer than 10,000 patients with...

Batteries LG Energy, Qualcomm to commercialize BMS solution

South Korea's LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based bat...

Upcoming IPOs Online lender K Bank eyes Feb 2025 IPO at lower valuation

K Bank, a South Korean online lender, is making a fresh attempt to list on the Korean stock market in February 2025 as bitcoin’s record-breaki...

Tech, Media & Telecom RaonSecure to supply biometrics to SBI Sumishin Net Bank

South Korean cybersecurity firm RaonSecure Co. said on Monday it signed a $2.5 million contract with SBI Sumishin Net Bank, the largest internet ban...