national strategic technology

Korean chipmakers South Korea asks US for tailored approach to chip tariffs

South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...

Korean games NCSOFT invests in US game startup emptyvessel

NCSOFT Corp. has made an equity investment in emptyvessel, a US indie games studio, as part of efforts to expand into the first-person shooter genre...

Korean chipmakers SK Hynix makes strides in CXL technology, escalating rivalry

SK Hynix Inc., the leading global high-bandwidth memory (HBM) chip provider, has moved faster than its rivals in the commercialization of the next-g...

Mergers & Acquisitions Doosan enters race to acquire SK Siltron in strategic semiconductor push

South Korea’s Doosan Group has entered the bidding war for SK Siltron Co., the world’s third-largest manufacturer of semiconductor wafer...

Aerospace & Defense South Korean defense industry thriving on strong overseas demand

The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...

Pension funds NPS gears up for investment overhaul with boost in risk assets

South Korea’s National Pension Service (NPS), the country’s largest institutional investor, is set to overhaul its investment strategy w...

Shipping & Shipbuilding S.Korean shipbuilders rally as Trump hints at buying foreign ships

South Korean shipbuilding stocks soared on Friday on news that US President Donald Trump indicated that the world’s No. 1 economy may purchase...

Business & Politics S.Korean court to rule on impeached President Yoon’s fate April 4

South Korea’s Constitutional Court on Friday will give its ruling on President Yoon Suk Yeol, who was impeached in December for declaring mart...

Shipping & Shipbuilding Samsung Heavy makes breakthrough in FLNG liquefaction technology

Samsung Heavy Industries Co., a major Korean shipbuilder, has made a breakthrough in its liquefaction technology for floating liquefied natural gas ...

Business & Politics S.Korea wary of inclusion on US ‘Dirty 15’ nations list for reciprocal tariffs

WASHINGTON, D.C. – The US government plans to unveil country-specific reciprocal tariffs on April 2, with particular attention to nations impo...

Hydrogen economy Samsung E&A buys Norwegian Nel stake for hydrogen business push

South Korea’s Samsung E&A Co. has purchased a stake in Norway’s hydrogen technology company Nel ASA at 47.6 billion won ($32.8 milli...

Shipping & Shipbuilding HD Hyundai, Palantir chiefs discuss AI shipyard, defense technology

Chung Kisun, executive vice chairman of the world’s largest shipbuilder HD Hyundai Co., has met with Alex Karp, CEO of Palantir Technologies I...

Machinery Hyundai Rotem inks $1.5 bn Morocco train supply deal

South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...

Travel & Leisure J-R AMC, BlueCove bid on $70 million sale of Mirae Asset, NPS’ Shilla Stay

The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co., has attracted four bidders, underscoring...

Electronics LG Electronics deepens ties with US startup Apex.AI

LG Electronics Inc. has invested in Apex.AI, a US-based startup developing safety-certified software designed to accelerate the transition of softwa...

Aerospace & Defense S.Korea’s defense order backlog reaches record $73.1 billion at end-2024

South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2...

Private equity EQT targets healthcare, technology, business service providers in Korea

EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Ko...

Shipping & Shipbuilding HD Hyundai, Hanwha to tap into $242 billion US Navy warship market

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride tailwinds in their bi...

Banking & Finance Hana Financial, Bain Capital to expand investment in S.Korea

South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic par...

Real estate NPS commits $800 mn to Almanac for strategic partnership

The National Pension Service of Korea (NPS) has committed $800 million to Almanac Realty Investors, the private real estate investment arm of Neuber...

Batteries Korea Zinc to export antimony to US

South Korea’s largest zinc smelter, Korea Zinc Inc., plans to export antimony to the US. This rare metal is a flame retardant for batteries ...

Bio & Pharma SK Biopharmaceuticals, Eurofarma to set up AI epilepsy platform JV in US

South Korea’s SK Biopharmaceuticals Co. has signed a deal with Brazil’s Eurofarma Laboratórios S.A. to establish a joint venture ...

Automobiles Hyundai Mobis to boost US production to cope with Trump

LAS VEGAS -- Hyundai Mobis Co., the world’s fifth-largest auto parts maker, plans to beef up its US production to cope with President-elect Do...

Korean Innovators at CES 2025 LG Electronics bets big on humanoid robots: CEO Cho

LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has thrown down the gauntlet to frontrunners in the AI robot race...

Automobiles Hyundai Motor vows record investment of $16.7 bn in South Korea

Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...

Korean Innovators at CES 2025 LG Electronics, Microsoft sign strategic partnership on AI agents

LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has signed a strategic partnership with US tech giant Micros...

Mergers & Acquisitions Korea Zinc, MBK-Young Poong alliance to fight over cumulative voting

The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has n...

Foreign exchange NPS initiates strategic currency hedging to unleash up to $48.2 billion

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to beg...

Food & Beverage S.Korea's exports of snack exceed $700 mn mark in 2024

South Korea's confectionery exports from January to November last year increased 16.5% year over year surpassing $700 million for the first time, ac...

Alternative investments Korean pension funds raise bets on infrastructure, global stocks

South Korean pension funds are raising their bets on infrastructure and global stocks, while reducing exposure to the domestic stock market on a dow...