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Channel: BusinessKorea - Korea's Premier Business Portal

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Expert review Suggests Korea Continue R&D on Pyro-Processing, SFRs

Research on Pyro-ProcessingAn expert review has suggested that the Korean government continue R&D projects to develop pyro-processing technology for reprocessing spent nuclear fuels and...

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Chinese Capital AFC Korea to Take Over STX Corp.

Just for 68.5 Billion WonChinese private equity (PEF) AFC Korea will finally acquire STX Corp. for about 68.5 billion won (US$61.6 million). The acquisition will be made in only three months after AFC...

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LG Chem to Issue Convertible Foreign Currency Bonds Worth $600 Million

For Investment AbroadLG Chem announced on April 10 that it would issue convertible bonds worth a total of approximately US$600 million for foreign investment attraction purposes. The registered and...

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South Korean Telecom Companies to Share 5G Facilities and Equipment

Sharing Cost for 5G InfraOn April 10, the Ministry of Science and ICT released a plan for better utilization of 5G equipment and facilities. According to the ministry, the number of base stations...

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LS Cable & System to Build Optical Cable Production Lines in Poland

Optical Cable Production BaseLS Cable & System announced on April 10 that it would set up new optical cable manufacturing facilities in LS EV Poland by investing 11 million euros. The new...

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Samsung Begins Talks with Biogen to secure control of biosimilar joint venture

Foray into Pharma BusinessSamsung Group is considering raising up to 3 trillion won (US$2.81 billion) to buy a considerable stake in its biopharmaceutical unit Samsung Bioepis Co. from its second...

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GM International president Visiting Korea to talk with workers

GM head in SeoulGM International President Barry Engle is visiting South Korea, for the sixth time this year alone, to have talks with unionized GM Korea workers. Much attention is being paid to...

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Samsung BioLogics Jumps to Third in Market Cap in Seoul Bourse

Outpacing CelltrionSamsung BioLogics Co.’s market value has surpassed that of its biosimilar rival Celltrion for the first time as its stock prices reach an all-time high.At 9:24 a.m. on April 10,...

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HMM to Place Orders for 20 Eco-Friendly Mega Container Vessels

Rebuilding National Flag ShipsHyundai Merchant Marine will place orders for 20 eco-friendly mega container ships in line with the government’s five-year plan to rebuild the Korean shipping industry.The...

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LS C&S to Build Optical Cable Production Lines in Poland

Cable Production Base in EuropeLS Cable & System announced on April 10 that it would set up new optical cable manufacturing facilities in LS EV Poland by investing 11 million euros. The new...

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