September 13, 2024

ICT exports rise for 10th straight month in August

South Korea’s exports of information and communication technology (ICT) products rose for the 10th consecutive month in August, led by solid sales of semiconductor and mobile phones, data showed Friday.

Outbound shipments of ICT products came to US$…

MBK Partners to buy stake in Korea Zinc

Private equity firm MBK Partners said Friday it plans to pay about 2 trillion won (US$1.5 billion) to buy a stake in Korea Zinc, as it seeks to gain management rights of the world’s biggest refined zinc producer.

MBK Partners said it will purchase a…