Companies
Aerospace & Defense
Hanwha Systems, WB Group to collaborate on SAR satellites
Sep 09, 2024 (Gmt+09:00)
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Korean chipmakers
Tokyo Electron: Chip machinery giant with ‘tireless animal spirit’
TOKYO – In the 1980s, Japanese chipmakers dominated the world’s semiconductor industry.Companies like NEC, Toshiba, Fujitsu and Mitsubis...
Sep 09, 2024 (Gmt+09:00)
6 Min read -
Automobiles
Hyundai's Casper, Tesla boost Korea’s online car sales
South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising internet...
Sep 09, 2024 (Gmt+09:00)
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Electronics
Samsung 2024 TVs earn VDE certification for picture quality
Samsung Electronics Co. said on Monday that seven of its 2024 TV models, including Neo QLED 8K and Neo QLED series, have received picture quality ...
Sep 09, 2024 (Gmt+09:00)
1 Min read -
Automobiles
Hyundai IONIQ 6 named best EV by Kelley Blue Book
Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the best electric vehicle (EV) by Kelley Blue Book, the US vehicle valuation and automotiv...
Sep 09, 2024 (Gmt+09:00)
1 Min read -
Automobiles
Nexen Tire N'FERA Supreme surpasses 1 mn sales
South Korea’s Nexen Tire Corp. said on Sunday its premium high-performance all-season tire N’FERA Supreme has exceeded 1 million cumulat...
Sep 09, 2024 (Gmt+09:00)
1 Min read -
Corporate strategy
Lotte to foster Pepero as global brand by 2035: Chairman Shin
Lotte Group has selected Pepero — a thin chocolate-covered stick cookie — as the first brand that it will foster into one of the world&r...
Sep 08, 2024 (Gmt+09:00)
2 Min read -
Energy
SK Earthon wins 2nd oil field exploration bid in Malaysia
SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korean energy giant SK Innovation Co., is accelerating its g...
Sep 08, 2024 (Gmt+09:00)
3 Min read -
Robotics
Samsung’s Ballie, LG's Q9 AI robots steal the show at IFA 2024
BERLIN – Ballie, the artificial intelligence-powered companion robot developed by Samsung Electronics Co., has come a long way since the South...
Sep 06, 2024 (Gmt+09:00)
2 Min read -
Logistics
Hanjin, China's AWOT set up e-commerce logistics JV
Hanjin Transportation Co., a South Korean logistics company, said on Friday it has established an e-commerce logistics joint venture with China&rsqu...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Tech, Media & Telecom
LG’s telecom unit looks to lure foreigners with more K-pop-themed shops
LG Uplus Corp., South Korea’s No. 3 mobile carrier, is set to lure foreign customers by opening K-pop-themed stores in the country's major sho...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
Pulley Campus, Yonsei Univ. to co-work on educational AI services
Freewheelin, which operates the AI courseware Pulley Campus for university education, said on Friday that it signed an industry-academia cooperation...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Automobiles
Hankook Tire to develop AI-based tire pattern generation models
Hankook & Company Co., the holding company of South Korea’s largest tire maker Hankook Tire & Technology Co., said on Friday that it s...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Robotics
Hoban partners with Kakao, Bear Robotics for robot-based services
Hoban Construction Ltd. announced on Friday that it has signed a business agreement (MOU) with Kakao Mobility and Bear Robotics to standardize the o...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Construction
HD Hyundai establishes customization plant in Georgia, US
South Korea's HD Hyundai XiteSolution said on Friday that its construction equipment affiliates HD Hyundai Construction Equipment Co. and HD Hyundai...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Batteries
LG Energy Solution's AVEL opens ESS power plant in Jeju
South Korea's LG Energy Solution Ltd. said on Friday that its company in company (CIC) AVEL has launched South Korea’s first distribution grid...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
IPOs
Online lender K Bank aims for IPO at $4 bn valuation in Q4
Kbank, a South Korean online bank, is preparing to list on the main bourse Kospi at an estimated value of up to 5 trillion won ($3.8 billion) in the...
Sep 06, 2024 (Gmt+09:00)
2 Min read -
Healthcare
Hyundai Department to triple healthcare sales by 2030 with Nestle
Hyundai Department Store Group, a South Korean conglomerate controlling retail, fashion, healthcare and lifestyle businesses, aims to triple its hea...
Sep 06, 2024 (Gmt+09:00)
2 Min read -
Pension funds
S.Korea's NPS opens fourth overseas office in Silicon Valley
South Korea's National Pension Service (NPS), the world's third-largest pension fund, opened an office in Silicon Valley, San Francisco, on Septembe...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Electronics
LG Display unveils stretchable display clothing
South Korea's LG Display Co. on Thursday showcased the futuristic clothing and bag concepts featuring stretchable displays at the 2025 S/S Seoul Fas...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Korean chipmakers
Samsung Electronics, TSMC tie up for HBM4 AI chip development
TAIPEI – South Korea’s Samsung Electronics Co., the world’s largest memory chipmaker, is partnering with its foundry rival Taiwan ...
Sep 05, 2024 (Gmt+09:00)
3 Min read -
Tech, Media & Telecom
South Korean developers fret over inflow of Indian talent
South Korea is opening its doors wide to Indian developers, causing some concerns that the inflow of highly talented software developers from the So...
Sep 05, 2024 (Gmt+09:00)
2 Min read -
Automobiles
Hyundai, Kia post record August US sales, driven by hybrids, EVs
South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales in August rise to all-time highs, driven by eco-frien...
Sep 05, 2024 (Gmt+09:00)
3 Min read -
Electric vehicles
Mercedes-Benz EV sales tumble in South Korea after fire
German luxury carmaker Mercedes-Benz AG suffered a nosedive in EV sales in South Korea in August after a fire broke out in one of its electric vehic...
Sep 05, 2024 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Samsung Heavy passes Int'l Risk Management Standard audit
Samsung Heavy Industries, a leading South Korean shipbuilder, announced on Thursday that it has become the first in the Korean shipbuilding industry...
Sep 05, 2024 (Gmt+09:00)
1 Min read -
ESG
LG Group publishes 2023 ESG Report
LG Group announced on Thursday that it has published the "2023 ESG Report," detailing its sustainability management achievements in 2023 and its fut...
Sep 05, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Hana Bank opens overseas office in Monterrey, Mexico
Hana Financial Group announced on Thursday that it opened the Monterrey Office, the first business channel of Hana Bank Mexico, in Monterrey, Mexico...
Sep 05, 2024 (Gmt+09:00)
1 Min read -
Batteries
Lotte Energy completes pilot plant for solid-state battery electrolyte
Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, has completed a pilot plant for the production of sulfide...
Sep 05, 2024 (Gmt+09:00)
1 Min read -
Beauty & Cosmetics
CJ Olive Young, Musinsa rivalry heats up in Brooklyn of Seoul
South Korea’s top beauty chain CJ Olive Young Corp. is turning up the heat against Musinsa to contain the rise of the country’s No. 1 on...
Sep 05, 2024 (Gmt+09:00)
2 Min read -
Artificial intelligence
SK Telecom partners with Perplexity to level up conversational search
South Korea's largest telecom company SK Telecom Co. will enhance its conversational search services through a partnership with US AI search startup...
Sep 05, 2024 (Gmt+09:00)
1 Min read
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