-
Food & BeverageLotte Chairman to return to beverage unit's boardroom
Lotte Group Chairman Shin Dong-bin is slated to return as an inside director of Lotte Chilsung Beverage Co., the group’s s...
Mar 03, 2023 (Gmt+09:00)
-
Mergers & AcquisitionsHYBE wins 2nd battle against Kakao over SM Entertainment
A South Korean court on Friday ruled in favor of SM Entertainment Co. Founder and former Chief Producer Lee Soo-man to block the...
Mar 03, 2023 (Gmt+09:00)
-
Bio & PharmaCelltrion ex-Chairman Seo set to return to management; group stocks rally
South Korea’s biosimilar giant Celltrion Group’s founder and Honorary Chairman Seo Jung-jin is readying to return to...
Mar 03, 2023 (Gmt+09:00)
-
AutomobilesSouth Korean tire makers raise prices despite weak sales
South Korea’s three largest tire makers are raising product prices despite their weak sales in anticipation of an imminent...
Mar 03, 2023 (Gmt+09:00)
-
Shareholder activismJB Financial refuses activist fund's request to increase dividends
South Korea’s JB Financial Group Co. has refused a local activist fund’s request to raise dividend payouts, stressin...
Mar 03, 2023 (Gmt+09:00)
-
BatteriesSamsung SDI, GM to build $3.8 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors C...
Mar 03, 2023 (Gmt+09:00)
-
AutomobilesHyundai's Namyang R&D Center acquires safety management certification
Hyundai Motor Group announced on Friday that the polymer materials analysis lab and the metal component analysis lab in the Basi...
Mar 03, 2023 (Gmt+09:00)
-
Bio & PharmaKorea's ST Pharm completes new R&D hub for gene therapy
ST Pharm Co., a South Korean drug raw material-producing subsidiary of Dong-A Socio Holdings, said on Friday that it has finishe...
Mar 03, 2023 (Gmt+09:00)
-
EnergyKHNP gets EUR certification for nuclear plant model in Europe
Korea Hydro & Nuclear Power (KHNP) on Thursday said the standard design of its APR1000, a nuclear power plant that it export...
Mar 03, 2023 (Gmt+09:00)
-
ConstructionDaewoo E&C completes Algerian power plant project amid pandemic
Daewoo Engineering & Construction Co., one of South Korea’s leading builders, said on Friday that it has completed an ...
Mar 03, 2023 (Gmt+09:00)
-
RetailMusinsa selected as one of Asia's most innovative companies
Musinsa, a fashion e-commerce platform based in South Korea, on Friday was named one of this year's "Top-10 Most Innovative Comp...
Mar 03, 2023 (Gmt+09:00)
-
Bio & PharmaCha Biotech sells eye-cell technology to Japan's Astellas for $32 mn
Cha Biotech, a South Korean biotechnology company, said on Thursday that it agreed to sell its technology for developing eye-cel...
Mar 03, 2023 (Gmt+09:00)
-
Aerospace & DefenseHanwha Systems begins developing active protection system for combat vehicles
South Korea's defense and IT service company Hanwha Systems Co. will develop core technology for an active protection system (AP...
Mar 03, 2023 (Gmt+09:00)
-
Aerospace & DefenseKAI to develop flight training simulator with 3D game company
Korea Aerospace Industries Ltd. (KAI) is partnering with Epic Games Korea to develop a virtual reality (VR) flight training syst...
Mar 03, 2023 (Gmt+09:00)
-
Culture & TrendsS.Korea's MZers consider income, working time most when job hunting: Survey
Members of South Korea's Generation MZ, or people born in the early 1980s to early 2000s, prioritize income and working time whe...
Mar 03, 2023 (Gmt+09:00)
-
AirlinesKorea's Incheon Airport celebrates 100 millionth transfer passenger
Incheon International Airport, South Korea’s main air gateway, marked a milestone on Thursday as it welcomed its 100 milli...
Mar 03, 2023 (Gmt+09:00)
-
HealthcareKakao Healthcare to launch diabetes monitoring app
South Korea’s dominant mobile platform Kakao Corp. will kick off its healthcare services this year with the launch of a di...
Mar 03, 2023 (Gmt+09:00)
-
Korean startupsBinance’s new NFT platform accused of copying Korean startup’s Chatcasso
Binance has been accused of copying a South Korean startup’s ideas and design of its artificial intelligence (AI)-powered ...
Mar 03, 2023 (Gmt+09:00)
-
Mergers & AcquisitionsS.Korea kicks off privatization of top container line HMM
South Korea has started the process to privatize the country’s No. 1 container line HMM Co. by tapping advisors for the sa...
Mar 03, 2023 (Gmt+09:00)
-
Korean chipmakersSamsung’s DRAM market share rises amid industrywide revenue drop
Samsung Electronics Co., the world’s largest memory chipmaker, saw its DRAM market share rise in the fourth quarter of las...
Mar 03, 2023 (Gmt+09:00)
-
Shipping & ShipbuildingKorea's KSOE wins order for 3 LNG carriers at $770 mn
Korea Shipbuilding & Offshore Engineering, a shipbuilding holding company of HD Hyundai Group, has secured a contract for li...
Mar 03, 2023 (Gmt+09:00)
-
Advertising & MarketingS.Korea's Igaworks inks deal with Thai ad agency for data solutions
Igaworks, a big data platform company from South Korea, announced on Thursday a strategic partnership and solution supply deal w...
Mar 03, 2023 (Gmt+09:00)
-
Cloud computingKorea's Innogrid wins contract for open cloud platform project
Innogrid Co., a South Korean company specializing in cloud computing and digital transformation, said on Thursday that it secure...
Mar 03, 2023 (Gmt+09:00)
-
AutomobilesS.Korea ranks fifth in global auto output for third straight year
South Korea’s auto production last year ranked fifth worldwide for the third year in a row.A report on world automotive ou...
Mar 03, 2023 (Gmt+09:00)