spin off Archives | Be Korea-savvy
Half of ‘Spin-Off’ Founders are Highly Educated or Technical Professionals: Survey

Half of ‘Spin-Off’ Founders are Highly Educated or Technical Professionals: Survey

SEOUL, April 27 (Korea Bizwire) — About a half of corporate spin-off founders have master’s or doctorate degrees or a background in technical and research departments, a local think tank said. The Korea Institute for Industrial Economics & Trade recently conducted a survey with the founders of 202 spin-off startups. On average, the founders started [...]

LG Claims Affiliate Spin-off Will Improve Shareholder Value

LG Claims Affiliate Spin-off Will Improve Shareholder Value

SEOUL, Dec. 15 (Korea Bizwire) — LG Group, South Korea’s fourth-largest conglomerate, on Tuesday refuted claims that its planned spin-off of affiliates could undermine shareholder value, saying the move will actually benefit its stockholders. “We believe our shareholder value will improve since the group can focus on its key businesses, including electronics, chemicals and telecommunications,” [...]

Samsung Electronics Spins Off In-House Startups

Samsung Electronics Spins Off In-House Startups

SEOUL, Nov. 5 (Korea Bizwire) — Samsung Electronics Co. announced that it will support three startups created by Samsung employees as part of the company’s in-house venture incubation program, C-Lab Inside. C-Lab Inside was introduced in 2012 to promote a creative corporate culture as well as to explore employees’ innovative ideas. The three startups that [...]