investment Archives | Be Korea-savvy
InnovaHealth Partners Invests in Radiaction, the Technology Leader in Robotic Radiation Protection

InnovaHealth Partners Invests in Radiaction, the Technology Leader in Robotic Radiation Protection

NEW YORK, Jan. 9 (Korea Bizwire) — Radiaction (“Radiaction” or the “Company”) and InnovaHealth Partners, LP (“InnovaHealth”) jointly announce today that InnovaHealth has made a growth equity investment in Radiaction and acquired a majority interest in the Company. Jonathan Yifat, Chief Executive Officer of Radiaction, said, “Today’s announcement represents the next stage for our Company. [...]

DuPont to Invest US$28 mln in S. Korea to Build Material Production Line

DuPont to Invest US$28 mln in S. Korea to Build Material Production Line

SEOUL, Jan. 9 (Korea Bizwire) — U.S.-based chemical firm Dupont on Thursday announced its plan to invest US$28 million in South Korea to build a production line for photoresist, which can potentially help Asia’s No. 4 economy reduce its dependence of the key industrial material on Japan amid their trade spat. Under the project, Rohm [...]

Sugar, Beer, Cigarette Industries Dominate for Decades with Little Investment

Sugar, Beer, Cigarette Industries Dominate for Decades with Little Investment

SEOUL, Dec. 30 (Korea Bizwire) — Industries including tobacco, beer and sugar that have been monopolizing the market for decades are very stingy with investments such as research and development (R&D), due to lack of pressure from foreign countries to compete due to high concentration in the domestic market. According to the results of the [...]

Huawei Eyes More Product Purchases, Investment in S. Korea amid U.S. Sanctions

Huawei Eyes More Product Purchases, Investment in S. Korea amid U.S. Sanctions

SEOUL, Dec. 20 (Korea Bizwire) — Chinese telecommunications behemoth Huawei Technologies Co. on Friday vowed to beef up its business in South Korea by increasing the purchase of parts for its network equipment and smartphones amid continued U.S. sanctions. Karl Song Kai, head of Huawei’s global media and communications, said Huawei also plans to increase [...]

General Fusion Closes $65M of Series E Financing

General Fusion Closes $65M of Series E Financing

VANCOUVER, British Columbia, Dec. 16 (Korea Bizwire) — General Fusion announced that it has successfully closed USD$65 million of Series E equity financing.  The financing was led by Temasek, a global investment company headquartered in Singapore. This USD$65 million of new financing, together with the release of CAD$50 million in additional investment from Canada’s Strategic [...]

Samsung Confirms Additional $8 bln Investment into Xian-based Chip Plant

Samsung Confirms Additional $8 bln Investment into Xian-based Chip Plant

SEOUL, Dec. 13 (Korea Bizwire) — Samsung Electronics Co. will invest an additional US$8 billion into its memory chip plant in Xian, China, officials confirmed Thursday, as the South Korean tech giant further expands its presence in the world’s second largest economy. According to Chinese media and Xian’s municipal government, Kang Bong-yong, a Samsung Electronics [...]