Heekyong Yang
Stories by Heekyong Yang
S Korea’s KB Kookmin injects cash into Indonesian lender Bukopin
KB Kookmin Bank is currently Bukopin's second-largest shareholder with a 22% stake.
LG Chem to sell majority of LCD polarizer biz to China’s Shanshan for $1.1b
Ningbo Shanshan is raising $438 million in a share placement to fund the acquisition.
Samsung Electronics starts work on sixth chip-making line, to take on bigger rival TSMC
TSMC plans to build a $12 billion factory in the U.S. state of Arizona.
SoftBank-backed Coupang’s operating loss shrinks in 2019 as e-commerce surges
The SoftBank-backed company has seen sales jump this year as demand spikes amid the coronavirus pandemic.
KB Financial acquires Prudential’s S Korean unit for $1.89b
The deal marks the No.1 U.S. life insurer’s exit from the South Korean market after 30 years.
Work-from-home surge triggers demand for laptops, network goods
Concerns over supply disruption have also contributed to a price rise.
S Korean unicorn Coupang stretched by order surge as coronavirus cases rise
The SoftBank-backed firm has seen deliveries climb to 3 million daily since mid-February from around 2.2 million per day late last year.
S Korea’s Big Hit Entertainment picks JPMorgan, others for IPO
The IPO could be one of the largest in years in the country’s entertainment industry.
S Korean restaurant owners express concern over $4b Delivery Hero deal
Delivery Hero said last month that it agreed to buy larger rival Woowa Brothers in a deal subject to antitrust approval.
S Korea’s Jeju Air to acquire 51% stake in Eastar Jet for $59m
The deal shows consolidation is underway in South Korea's crowded budget carrier space.
