Exportiamo.it

Hyundai Home Shopping abruptly stopped its operations in China. It turned out that the Chinese operation of the Korean home shopping company has been halted since April due to conflicts with its Chinese partner. This is considered China risk once again surfaced for the Korean home shopping industry.   According to ...

Booyoung, a leader in Korea's rental housing market, acquired a string of large commercial buildings in downtown Seoul, emerging as the nation's largest real estate group.   Following its acquisition of Samsung Life Insurance's head office building, a landmark building in Seoul's Taepyoeng-ro, for 575 billion won early this year, Booyoung ...

The prospect for China's largest-ever overseas M&A deal has become brighter. According to the Wall Street Journal on August 23, the Committee on Foreign Investment in the U.S., a panel led by the Department of Treasury, has approved a deal by China National Chemical Corp. to take over Swiss-based Syngenta ...

Hon Hai Group of Taiwan, which acquired Japan's Sharp Corp., will buy back the TV business interests overseas once owned by Sharp as part of an effort to normalize Sharp's business operation. According to the Yomiuri Shimbun on August 23, Sharp will dispatch managers to the acquirers of its TV ...

Korea’s top-three steel companies, namely POSCO, Hyundai Steel and Dongkuk Steel, saw their operating profits rise 2.8 percent, 60.5 percent, and 116.4 percent year on year in the second quarter of this year.   The operating profit of each company marked a positive growth compared to a quarter ago. The problem, however, ...

"Difficult business conditions are no more a variable now but these are something we have to accept as a constant. Relentless innovation is the only way to survive in the age of uncertainty." This is what Hyundai Motor Group chairman Chung Mong-koo said on July 18 to 60 CEOs of ...

SK E&S (Energy & Service), an energy affiliate of SK Group, has sold off stakes in two city gas joint ventures in China. According to investment banking industry sources on August 19, the company disposed of all its 49-percent stake in Wuhan SK E&S-SINO Gas Holdings and China Gas-SK E&S ...

Hanon Systems, a specialist in automobile HVAC (heating, ventilation, and air-conditioning) parts, will set up a joint venture in China in collaboration with Beijing Automobile Works Co. (BAIC).   According to industry sources on August 17, Hanon Systems signed a letter of intent with Binzhou Bohai Piston Co., a subsidiary of BAIC ...

The government requested the nation's auto makers including Hyundai Motor, Kia Motors, and GM Korea to increase investment in future cars such as the electric vehicle, hydrogen vehicle, and driverless car. On August 17, Minister of Trade, Industry, and Energy Joo Hyung-hwan explained in a breakfast meeting with auto industry ...

Korea's tire market appears to have entered a saturation phase. The sales of import tires, however, are enjoying rapid growth. Backed by the rising popularity of import cars over the past several years, import tires are making forays into domestic original equipment tire market.   According to industry sources on August ...