hospitality 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 ...

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...

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 ...

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...

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 ...

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...

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...

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...

Electronics Harman to spearhead Samsung’s automotive solutions business

Samsung Electronics Co. will bolster cooperation in in-vehicle technology with its fully owned US subsidiary Harman International Industries Inc. to...

IPOs Sono International seeks IPO in 2025 with $2.1 billion in corporate value

South Korea’s top resort operator Sono International Co. is seeking an initial public offering of its shares on the Korean market next year, r...

Bio & Pharma President of Latvia visits S.Korea's Daan Cancer Lab

Daan Cancer Laboratory under Severance Hospital said on Thursday it signed a memorandum of understanding (MOU) with the Latvian government to streng...

Corporate governance LG Group affiliates unveil value-up plans

LG Group affiliates— LG Display Co., LG Innotek, LG Chem Ltd., and LG Energy Solution Ltd. —unveiled their ambitious growth strategies o...

IPOs LS Group’s US magnet wire unit to go public with $1.4 bn value

The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offer...

Banking & Finance Shinhan Securities Vietnam launches mobile trading system

South Korea's Shinhan Securities said on Thursday its overseas subsidiary Shinhan Securities Vietnam (SSV) launched a mobile trading system (MTS) "N...

E-commerce Coupang launches Rocket Pet Doctor 2.0 with personalized pet nutrition

Coupang Inc., South Korea’s largest e-commerce platform, said on Wednesday that it has launched "Rocket Pet Doctor 2.0," an upgraded personali...

Korean startups Big Mobility, Hummingbirds win Chung Ju-yung Startup Competition

The Asan Nanum Foundation selected Big Mobility and Hummingbirds as the top winners of the 13th Chung Ju-yung Startup Competition demo day on Novemb...

Energy KEPCO, LS Electric to co-work on predictive diagnostics solutions

Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, said on Thursday it signed a memorandum of understanding (MOU) with ...

Korean stock market MSCI Korea Index adds Hyundai Rotem

MSCI announced on Wednesday that South Korea's Hyundai Rotem Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index. ...

Artificial intelligence LG CNS launches AI solution Enerdict for virtual power plant operators

LG CNS Co., a leading South Korean IT service provider, has launched Enerdict, an AI-powered solution designed to optimize the operations of virtual...

Bio & Pharma Celltrion releases Steqeyma in Europe

South Korea's Celltrion Inc. said on Monday it released Steqeyma (ustekinumab) in Europe, the biosimilar of autoimmune disease treatment Stelara.T...

IPOs Korea’s LG CNS, DN Solutions seek billions of dollars via Jan IPOs

LG CNS Co., DN Solutions Co. and other South Korean companies aim to raise billions of dollars through domestic initial public offerings (IPOs) in J...

Bio & Pharma ViGenCell obtains approval for HLA-B5801 genetic diagnostic kit for adverse reactions to gout treatment

ViGenCell, a company specializing in immunotherapy, announced on Friday that it has obtained approval from the Ministry of Food and Drug Safety (MFD...

Cloud computing Samsung SDS, Ansys Korea to collaborate on cloud solutions

South Korea's Samsung SDS Co. said on Tuesday it signed a memorandum of understanding (MOU) with Ansys Korea to strengthen its cloud business.Ansys ...