Next Entertainment World
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Tech, Media & Telecom
Wavve to enter European, Oceanian OTT markets
South Korea's over-the-top (OTT) platform company Wavve announced on Wednesday that it plans to enter European and Oceanian OTT markets through it...
Apr 04, 2024 (Gmt+09:00)
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Batteries
LG’s $5.5 billion LFP, ESS battery plants in Arizona to kick off in 2026
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Thursday its 7.2 trillion won ($5.5 billion) battery complex in Ari...
Apr 04, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Korea reclaims crown from China as world’s top shipbuilder
South Korea reclaimed the crown from the Chinese as the world’s largest shipbuilder after three years last quarter, sweeping global orders for...
Apr 03, 2024 (Gmt+09:00)
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Batteries
Doosan joins hands with China’s CNGR for battery recycling
South Korea’s plant and machinery powerhouse Doosan Group has teamed up with China’s CNGR Advanced Material Co. to expand its electric v...
Mar 29, 2024 (Gmt+09:00)
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Automobiles
Kia, Hyundai sweep World Car Awards with EV9, IONIQ 5 N
NEW YORK – Hyundai Motor Group, the world’s No. 3 carmaker, has swept the 2024 World Car Awards, a global premier standard for automotiv...
Mar 28, 2024 (Gmt+09:00)
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Corporate strategy
Hyundai Motor aims for next takeoff with $51 billion investment
Hyundai Motor Group plans to spend 68 trillion won ($51 billion) and hire 80,000 new employees over three years as South Korea’s top automaker...
Mar 27, 2024 (Gmt+09:00)
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Entertainment
K Enter moves step closer to Nasdaq listing in May
K Enter Holdings Inc., an umbrella entity of South Korea-based entertainment companies creating original entertainment content and managing related ...
Mar 27, 2024 (Gmt+09:00)
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Automobiles
Kia wins World's Greatest Auto Disruptors 2024
Kia Corp. won two categories of the Newsweek World’s Greatest Auto Disruptors Awards with the all-electric EV9 winning Research and Developmen...
Mar 27, 2024 (Gmt+09:00)
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Machinery
Hanwha Ocean develops VR-based special vehicle simulator
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed the world's first virtual realit...
Mar 26, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai boosts Genesis with enhanced performance, luxury
NEW YORK -- Hyundai Motor Co., South Korea’s top automaker, is set to boost its premium brand Genesis with performance models and more luxury ...
Mar 26, 2024 (Gmt+09:00)
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Logistics
CJ Logistics introduces LoIS Parcel system
South Korea's CJ Logistics announced on Tuesday that it completed the nationwide implementation of its next-generation parcel system LoIS Parcel.T...
Mar 26, 2024 (Gmt+09:00)
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Korean startups
SM Entertainment founder invests $5.2 million in Mindlogic
K-pop pioneer SM Entertainment Co.'s founder and former Chief Producer Lee Soo-man is expected to invest up to 10 billion won ($7.5 million) in Mind...
Mar 25, 2024 (Gmt+09:00)
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Food & Beverage
Nongshim to build instant noodle plant in Korea for exports
Nongshim Co., South Korea’s top instant noodle maker, is set to build a new factory in the country for exports of ramen, or ramyun, for the fi...
Mar 22, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix earmarks $91 bn to construct world's largest chip fab
SK Hynix Inc., the global No. 2 memory chipmaker, is slated to invest more than 120 trillion won ($90.7 billion) by 2046 to build the world’s ...
Mar 21, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace selected as next-gen launcher operator
South Korea’s Hanwha Aerospace Co. announced on Wednesday that it was selected as the next-generation launch vehicle KSLV-III operator, follow...
Mar 21, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung rallies on expectations of Nvidia’s HBM order
SAN JOSE, Calif. – Samsung Electronics Co.'s stock zoomed on Wednesday after the world’s most famous AI chip provider Nvidia Corp. hinte...
Mar 20, 2024 (Gmt+09:00)
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Artificial intelligence
S.Korea’s Liner, the world’s No. 4 generative AI web product
South Korea’s home-grown artificial intelligence service Liner was ranked the world’s fourth-most popular generative AI web product as t...
Mar 20, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Sephora to exit S.Korean market in May
Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...
Mar 20, 2024 (Gmt+09:00)
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Korean games
Solo Leveling: Arise, Netmarble's webtoon-based game to spur turnaround
South Korean game developer Netmarble Corp. said on Tuesday it is set to launch “Solo Leveling: Arise” — a new title based on a po...
Mar 19, 2024 (Gmt+09:00)
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Tech, Media & Telecom
In South Korea, Instagram thrives while Facebook declines
In South Korea, one of the world’s most wired countries, people can’t live without social networking services for everyday communication...
Mar 19, 2024 (Gmt+09:00)
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Batteries
SK On in talks with Nissan to supply batteries in US
South Korean rechargeable battery maker SK On Co. is in talks with Nissan Motor Co. to jointly produce battery cells for the Japanese carmaker in th...
Mar 15, 2024 (Gmt+09:00)
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Aerospace & Defense
HD Hyundai Heavy to build next-gen second Aegis destroyer
South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., announced on Wednesday that it has begun construct...
Mar 13, 2024 (Gmt+09:00)
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Korean games
Burger Please!, world’s third-most downloaded app in 2023
A hyper-casual game developed by South Korea’s fledgling gaming publisher Supercent was the world’s third-most downloaded newly launched...
Mar 13, 2024 (Gmt+09:00)
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Automobiles
Korea, new darling of Maybach, Bentley, Rolls-Royce
Foreign exquisite, high-end car brands are eager to offer new and exclusive experiences to their customers in South Korea, the fastest-growing luxur...
Mar 08, 2024 (Gmt+09:00)
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Energy
Doosan gears up to develop world's 1st hydrogen gas turbine
In September 2019, Doosan Enerbility Co. wrote a new chapter in its history. It became the world's fifth company to develop a gas turbine even at th...
Mar 07, 2024 (Gmt+09:00)
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Robotics
Naver to unveil world’s first web platform-enabled robotics OS
South Korea’s online giant Naver Corp. is set to make inroads into the global robotics operating system market by unveiling the world’s ...
Mar 05, 2024 (Gmt+09:00)
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Economy
S.Korea’s fertility rate hits new world-record low in 2023
Trapped in a downward spiral, South Korea saw the country’s total fertility rate hit a new record low of 0.72, also again the world’s lo...
Feb 28, 2024 (Gmt+09:00)
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Chemical Industry
SK Enmove, UK’s Iceotope to develop coolant for SK Telecom’s data center
South Korea’s lube oil maker SK Enmove Co. has partnered with UK-based precision liquid cooling system specialist Iceotope Technologies Ltd. t...
Feb 28, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung doubles down in HBM race with largest memory
Samsung Electronics Co. has developed the industry’s first 36-gigabyte (GB) 12-layer high-value, high-performance memory chip in a bid to rest...
Feb 27, 2024 (Gmt+09:00)
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North Korea
While the World Was Looking Elsewhere, North Korea Became a Bigger Threat
SEOUL—In March 2022, North Korean leader Kim Jong Un walked out of a massive hangar wearing a bomber jacket and dark sunglasses. He pointed to t...
Feb 27, 2024 (Gmt+09:00)
Latest News
- 1 NPS corp governance committee taps SNU professor as member
- 2 Korean banks broaden horizons to Mexico, Poland, Africa
- 3 Block deals of shares surge ahead of tighter regulation
- 4 Hyundai to develop hydrogen supercar for launch in 2026
- 5 Hyundai Motor unveils detailed $3.4 billion GBC new headquarters plan