Companies
Electronics
LG Elec unveils shoe care appliance at ComplexCon 2023
Nov 20, 2023 (Gmt+09:00)
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Leadership & Management
Samsung’s Jay Y. Lee heads to Europe for partner meetup, Busan Expo
Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to Europe as he seeks to tighten cooperation with Samsung’s key bu...
Nov 20, 2023 (Gmt+09:00)
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Electronics
LG Elec separates new biz divisions into in-house entities
LG Electronics Inc., the leading global home appliance maker, has actively separated new business organizations into independent in-house entities, ...
Nov 20, 2023 (Gmt+09:00)
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Advertising & Marketing
Innocean to enter Japanese ad market
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Monday it signed a memorandum of understanding...
Nov 20, 2023 (Gmt+09:00)
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Business & Politics
Korea Inc.’s dividend repatriation soars on new tax breaks
Major companies in South Korea, such as affiliates of Samsung, LG and Hyundai Motor Group, are bringing larger amounts of capital back home from abr...
Nov 19, 2023 (Gmt+09:00)
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Corporate governance
Hyundai Group chair exits Schindler-invested unit board
Hyundai Group's chairwoman on Friday resigned from the board of its elevator unit, whose No. 2 shareholder is Schindler Holding AG, amid mounting sh...
Nov 17, 2023 (Gmt+09:00)
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AgTech
S.Korean Keumsil Strawberries exports to SE Asia
"Keumsil," one of South Korea's representative strawberry varieties, has been exported to Southeast Asia. Jinju City in South Gyeongsang Province an...
Nov 17, 2023 (Gmt+09:00)
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Retail
Japanese furniture brand Nitori to open first store in Korea
Nitori Co., dubbed Japan's IKEA, is slated to open its first store in South Korea next week, accelerating its Asia-centered expansion push, while su...
Nov 17, 2023 (Gmt+09:00)
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Batteries
Trafigura to invest in S.Korea’s EV cell materials maker
Trafigura, a major global commodity trader, is set to invest in a South Korean electric vehicle battery raw materials manufacturer to take advantage...
Nov 17, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Med. Center achieves Korea's first uterine transplantation
The first successful case of uterine transplantation surgery in Korea has been reported, with the patient currently preparing for pregnancy. Samsung...
Nov 17, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures order for two VLEC
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) announced on Friday it has recently signed a shipbuilding contract for two very large-sc...
Nov 17, 2023 (Gmt+09:00)
1 Min read -
Automobiles
KG Mobility seeks to expand into Vietnam
South Korean automaker KG Mobility Corp. said on Friday it had sought to expand strategic cooperation, including entering the Vietnamese market, aft...
Nov 17, 2023 (Gmt+09:00)
1 Min read -
Automobiles
Hyundai to be first automaker to sell cars on Amazon
Hyundai Motor Co., South Korea’s top automaker, will be the first carmaker to sell cars on Amazon in the US while providing drivers with the g...
Nov 17, 2023 (Gmt+09:00)
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Korean startups
Naver-invested Bering Lab tops at Huawei startup contest
South Korea’s artificial intelligence (AI) legal technology startup Bering Lab, with investment from Naver D2 Startup Factory (D2SF), receiv...
Nov 17, 2023 (Gmt+09:00)
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Asset management
Samsung Asset launches 1st Korea-listed ETF in US
Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, has launched an ETF in the US, the first of its kind t...
Nov 17, 2023 (Gmt+09:00)
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Batteries
LG Chem, SNU to jointly develop next-generation material
South Korea's LG Chem Ltd. partnered with Seoul National University (SNU) to develop next-generation material technologies, including pivotal materi...
Nov 17, 2023 (Gmt+09:00)
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Korean games
NCSOFT looks beyond MMORPGs to draw young gamers
South Korea’s major gaming company NCSOFT Corp., known for its cash cow Lineage series, is shifting its focus from multiplayer online role-pla...
Nov 16, 2023 (Gmt+09:00)
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Leadership & Management
Hyundai Motor Group to replace heads of auto parts, steel units
Hyundai Motor Group, the world’s third-largest automaker, is set to replace the heads of its auto parts and steel-making affiliates in an earl...
Nov 16, 2023 (Gmt+09:00)
3 Min read -
Aerospace & Defense
Hyundai Wia to defend against illegal drones
South Korea's second-largest automotive parts supplier Hyundai Wia Corp. plans to develop an anti-drone system (ADS) technology tailored to the uniq...
Nov 16, 2023 (Gmt+09:00)
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Energy
Hanwha’s REC Silicon plant restarts as US-China tension eases
REC Silicon ASA, a US-based polysilicon maker, in which Hanwha Solutions Corp. and its affiliate have a 33% stake, has restarted operations after a ...
Nov 16, 2023 (Gmt+09:00)
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Fintech
S.Korea's FNS Value to enter Malaysian fintech market
South Korea's FNS Value announced on Thursday a collaboration agreement with the Malaysian big data technology company Big Dataworks. The two compan...
Nov 16, 2023 (Gmt+09:00)
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Artificial intelligence
Nvidia challenger Sapeon unveils new AI chip for data centers
Sapeon Inc., a semiconductor startup backed by South Korea’s second-largest conglomerate SK Group, on Thursday unveiled a new artificial intel...
Nov 16, 2023 (Gmt+09:00)
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Hydrogen economy
Hanyang, Air Products to co-work for green ammonia
South Korea's Hanyang Corporation announced on Thursday it signed a memorandum of understanding (MOU) with the US industrial gas company Air Product...
Nov 16, 2023 (Gmt+09:00)
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Electric vehicles
LG Elec to venture into US EV charger market in 2024
South Korea’s LG Electronics Inc. is readying to enter the US electric vehicle charger market with the launch of EV chargers in the first half...
Nov 16, 2023 (Gmt+09:00)
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Hydrogen economy
World’s first test driving hydrogen train succeeds in Ulsan
The world's first test driving hydrogen-electric tram succeeded in Ulsan, South Korea. According to Ulsan Metropolitan Government officials, th...
Nov 16, 2023 (Gmt+09:00)
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Korean SMEs
Kyung Dong Navien enters into US boiler market
South Korea's heating systems manufacturer Kyung Dong Navien Co. announced on Thursday it shipped its first "Condensing Hydro Furnace" to the US mar...
Nov 16, 2023 (Gmt+09:00)
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Korean food
Samyang draws record-high sales on Singles' Day in China
South Korea's Samyang Foods Co. announced on Thursday its sales during China's largest shopping festival, Singles' Day (Nov. 11), reached a new re...
Nov 16, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm gears up to boost epilepsy drug sales in Europe
SK Biopharmaceuticals Co. is gearing up to explore the European market for its flagship epilepsy drug Cenobamate, while looking for new mergers and ...
Nov 16, 2023 (Gmt+09:00)
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Energy
South Korea’s SK Earthon discovers crude oil offshore Vietnam
SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., said on Thursda...
Nov 16, 2023 (Gmt+09:00)
2 Min read -
Batteries
SK On, BASF tie up for EV battery materials business
SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...
Nov 15, 2023 (Gmt+09:00)
4 Min read
Latest News
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