Companies
Batteries
Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era
Apr 21, 2025 (Gmt+09:00)
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Steel
POSCO to invest in Hyundai Steel’s Louisiana plant
South Korea’s top steel maker POSCO has decided to invest in Hyundai Steel Co.'s first overseas plant in Louisiana and collaborate on research ...
Apr 21, 2025 (Gmt+09:00)
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Games
S.Korea’s Krafton to nurture 6 new game studios in India
Krafton Inc., the publisher of global mega-hit “PlayerUnknown’s Battlegrounds” (PUBG), has selected six new Indian game studios to ...
Apr 21, 2025 (Gmt+09:00)
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Automobiles
Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope ...
Apr 20, 2025 (Gmt+09:00)
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E-commerce
Naver, Kurly tie up to counter e-commerce giant Coupang
South Korea’s online giant Naver Corp. and dawn grocery platform service provider Kurly Inc. have joined forces for a potential stake acquisiti...
Apr 20, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix bets on 3D HBM as next game-changer in AI chip race
SK Hynix Inc., the world’s top DRAM memory chipmaker, aims to redefine the competitive landscape in artificial intelligence memory chips with p...
Apr 18, 2025 (Gmt+09:00)
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Tech, Media & Telecom
Samsung fends off Apple to reclaim global smartphone crown in Q1
Samsung Electronics Co. has regained its position as the world’s top smartphone vendor in the first quarter, outpacing Apple Inc. despite the U...
Apr 17, 2025 (Gmt+09:00)
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Bio & Pharma
Celltrion expands footprint in Latin America with flagship oncology drugs
South Korea’s biopharmaceutical giant Celltrion Inc. has solidified its presence in South America after winning supply contracts for its flagsh...
Apr 17, 2025 (Gmt+09:00)
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Automobiles
Kia EV3 named 2025 World Car of the Year; Hyundai Inster wins EV award
NEW YORK – Hyundai Motor Group, the world’s third-largest automaker, snagged top trophies for its low-cost electric vehicles at the 2025 ...
Apr 17, 2025 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS breaks into US smart city market
LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US, ...
Apr 17, 2025 (Gmt+09:00)
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Automobiles
Kumho Tire eyes Poland, Serbia, Portugal for 1st European plant
Kumho Tire Co., South Korea’s No. 2 tire maker, is evaluating Poland, Serbia and Portugal as a potential site for its first plant in Europe as ...
Apr 16, 2025 (Gmt+09:00)
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Automobiles
Genesis premieres premium electric off-road SUV X Gran Equator Concept
NEW YORK – Genesis, the luxury brand of South Korea’s top automaker Hyundai Motor Co., has premiered its first electric off-roader concep...
Apr 16, 2025 (Gmt+09:00)
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Steel
Hyundai's nuclear-grade steel earns US quality certification
South Korean steelmaker Hyundai Steel Co. said on Wednesday it has received the Nuclear Material Supplier Quality System Certificate (QSC) from the A...
Apr 16, 2025 (Gmt+09:00)
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Hydrogen
Hylium to supply liquefied hydrogen storage tanks to AirFirst
Hylium Industries Inc., South Korea’s hydrogen liquefier manufacturer, has signed a deal to supply high-capacity liquefied hydrogen storage tan...
Apr 16, 2025 (Gmt+09:00)
1 Min read -
Corporate strategy
Orion behind original Choco Pie to invest $580 million in new plants
Orion Corp., a South Korean confectionery and snack manufacturer, will inject 830 billion won ($580 million) over three years to expand snack manufac...
Apr 16, 2025 (Gmt+09:00)
4 Min read -
Electronics
Samsung expands automotive MLCC supply to BYD, other Chinese firms
Samsung Electro-Mechanics Co. is supplying several million dollars' worth of multilayer ceramic capacitors (MLCCs) to BYD Co. and Chinese automotive ...
Apr 16, 2025 (Gmt+09:00)
2 Min read -
Batteries
LG Energy Solution clinches multibillion-dollar ESS deals in Japan, Europe
LG Energy Solution Ltd. has secured a string of billion-dollar energy storage system (ESS) deals in Japan and Europe, outmaneuvering Chinese rivals i...
Apr 15, 2025 (Gmt+09:00)
4 Min read -
Corporate strategy
Dongwon Industries to delist wholly owned Dongwon F&B
Dongwon Industries Co., the holding company of South Korea’s seafood-to-logistics Dongwon Group, will delist its canned tuna-manufacturing subs...
Apr 15, 2025 (Gmt+09:00)
2 Min read -
Leadership & Management
Ex-US Congressman Drew Ferguson to head Hyundai's Washington office
Hyundai Motor Group has appointed former Republican Congressman Drew Ferguson as head of its Washington office, a strategic move designed to bolster ...
Apr 15, 2025 (Gmt+09:00)
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Artificial intelligence
KT rolls out Thai-tailored large language model
South Korean telecom service provider KT Corp. has built a large language model (LLM) platform tailored for the Thai market in collaboration with Jas...
Apr 15, 2025 (Gmt+09:00)
1 Min read -
Aerospace & Defense
South Korean defense industry thriving on strong overseas demand
The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems ha...
Apr 15, 2025 (Gmt+09:00)
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Carbon neutrality
SK Innovation E&S, JB Financial team up for renewable energy loans
JB Financial Group Co., the parent company of Jeonbuk Bank and Gwangju Bank, will join hands with SK Innovation E&S Co. and InnerGen Co. to roll ...
Apr 15, 2025 (Gmt+09:00)
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Asset management
Mirae Asset’s default option retirement funds top $700 mn in assets
Mirae Asset Global Investments Co. now manages over one-third of South Korea’s default-option retirement funds, with the assets it operates und...
Apr 15, 2025 (Gmt+09:00)
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Retail
Koreans cut spending in March, except on health, education
South Korean consumers exhibited recessionary spending behavior in March, cutting expenditures across nearly all sectors, except healthcare and educa...
Apr 15, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
With domestic dockyards fully booked, Korean shipbuilders turn overseas
As order books swell amid green shipping mandates, LNG demand and military naval modernization, South Korean shipbuilders are extending their global ...
Apr 14, 2025 (Gmt+09:00)
4 Min read -
Tech, Media & Telecom
Samsung Display picked as sole OLED screen supplier for foldable iPhone
Samsung Display Co., the display-making unit under Samsung Electronics Co., will exclusively supply organic light-emitting diode (OLED) displays for ...
Apr 14, 2025 (Gmt+09:00)
3 Min read -
Steel
POSCO eyes investment in Hyundai Steel’s US plant
POSCO, the world’s seventh-largest steelmaker, is seeking to invest in smaller rival Hyundai Steel Co.'s first overseas plant in the US, in exc...
Apr 14, 2025 (Gmt+09:00)
4 Min read -
Tech, Media & Telecom
Samsung, Google to unveil smart glasses next year in deeper AI alliance
Samsung Electronics Co. and Google LLC are strengthening their long-standing alliance as the artificial intelligence (AI) era redefines the balance o...
Apr 11, 2025 (Gmt+09:00)
3 Min read -
Korean chipmakers
SK chairman in Taiwan to deepen ties with TSMC
Chey Tae-won, chairman of SK Group, the parent of SK Hynix Inc., is visiting Taiwan amid the threat of escalating US tariff threats, suggesting the S...
Apr 10, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korea launches $27 mn fund to invest in K-beauty startups
South Korea’s Ministry of SMEs and Startups on Thursday announced the launch of a 40 billion won ($27 million) fund to invest in Korean beauty ...
Apr 10, 2025 (Gmt+09:00)
1 Min read
Latest News
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