Investment
SK Bioscience: Gates Foundation Funds 4.4 Bln Won for Vaccine R&D
On Tuesday, SK Bioscience announces that it would receive 4.4 billion won ($3.6 million) financial backing from the Bill &...
Samsung’s C-Lab Program Successfully Produces Five New Tech Startups
Samsung Electronics said it would support five new spin-off startups produced through its in-house incubation program C-Lab. Samsung said that...
KT to Conduct Epidemic Research with Support from Gates Foundation
KT Corp. announced on Sunday that it would conduct three-year research with support by the U.S.-based Bill & Melinda Gates...
SK Innovation Invests $727 Million to Build Second U.S. EV Battery Plant
SK Innovation said on Tuesday that it plans to inject an additional 886 billion won ($727 million) investment to build...
SKC Raises 1Tr Won Investment Expanding into Mobility and Chip Biz
SKC said on Monday that it raises around 1 trillion won ($815 million) of investment to expand into the mobility...
SK Siltron Acquires U.S. DuPont’s Wafer Business with $450 Mil Deal
SK Siltron Co. announced Sunday that it had completed the acquisition of Dupont's Silicon Carbide Wafer (SiC Wafer) unit. SK...
S. Korea’s SoCar Secures 51 Bn Won Amid Legal Setbacks
SoCar announced on Wednesday that the company secured a total of 51 billion won ($43.1 million) since December from several...
Hyundai Motor Group to Invest 100 Trillion Won in Future Mobility
Update (April 2, 2020): Hyundai Motor Group announced on March 31 that it would establish a mobility innovation center in...
Samsung Display to Source Galaxy Fold 2 Glass Screen from Dowoo Insys Co.
According to industry officials on Monday, South Korean tech giant Samsung Electronics’ subsidiary, Samsung Display Co., invested 13.5 billion won ($11.6...
First Interactive Audio Broadcasting Platform, Spoon, Raises $40 M in Series B
Spoon announced on Monday that it had raised 40 million dollars in Series B funding. The world’s largest live audio...
Hyundai Motor to Boost Presence in ASEAN
Korea's largest automaker, Hyundai Motor Group, plans to set up a plant in Indonesia to increase its presence in the...
Hyundai Acquisition of DSME Problematic Due To Trade War
The Japanese government may soon put Hyundai's acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) under a microscope due to...
Startup Korean Business Engagement App Methinks Raises $7 million In Funding
Methinks, a qualitative market research application, acquires a $7 million funding from key market players. The company will reportedly use...
Samsung Jumpstarts Multiple Startups in India With An $8.5 Million Investment
Samsung’s vision of enriching people’s lives and contributing to social prosperity by creating a new future has guided the company’s...
