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Shipping & ShipbuildingPan Ocean to transport energy products for Portugal's Galp
Pan Ocean Co., the top bulk shipping company in South Korea, has received its first large-scale liquefied natural gas (LNG) carr...
Jan 05, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023LG Elec to increase partnerships for business expansion
LAS VEGAS -- LG Electronics Inc., the world’s top home appliance maker, is seeking more partnerships with global leading c...
Jan 05, 2023 (Gmt+09:00)
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BatteriesDiverging lithium, nickel prices unnerve Korean battery makers
The prices of lithium and nickel, key minerals for electric vehicle batteries, have been diverging since late last year, which i...
Jan 05, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023With SmartThings Station, Samsung wants a more connected world
LAS VEGAS, NV – Imagine there’s a single easiest way to manage a myriad of devices simultaneously.Imagine all the pe...
Jan 05, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023HD Hyundai to boost offshore wind power, future ships, CEO says
LAS VEGAS – HD Hyundai Co., the largest shipbuilding conglomerate in South Korea, is set to diversify its future growth en...
Jan 05, 2023 (Gmt+09:00)
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Bio & PharmaKolon signs MOU with Hanyang Univ. to develop gene therapy treatments
Kolon Industries Inc.'s Future Technology Institute said on Thursday that it had signed a memorandum of understanding with the H...
Jan 05, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia beat Honda to rank 5th in US market
Hyundai Motor Co. and Kia Corp. kept their fifth place in sales in the US market for the second consecutive year. Despite produc...
Jan 05, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG Uplus announces official start of original content production
LG Uplus Corp. announced on Thursday that it would officially kickstart producing original content, following its pilot program ...
Jan 05, 2023 (Gmt+09:00)
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MetaverseCaliverse, KT Alpha join hands to add K-pop to metaverse
Caliverse, a subsidiary of Lotte Data Communication, said on Thursday that it has signed an agreement to expand the range of imm...
Jan 05, 2023 (Gmt+09:00)
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Bio & PharmaDaewoong, Onchorus to undertake research on mRNA anticancer drugs
Daewoong Pharmaceutical said on Thursday that it has signed a joint R&D and commercialization agreement with America's bioph...
Jan 05, 2023 (Gmt+09:00)
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HealthcareAekyung Industrial acquires green certification for eco-friendly detergent
Aekyung Industrial said on Thursday that it has obtained green technology certification from the Korea Technology Finance Corpor...
Jan 05, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion acquires approval to sell Vegzelma in Canada
South Korea's biosimilar heavyweight Celltrion Inc. has obtained permission from the Canadian health ministry to sell anticancer...
Jan 05, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023Samsung's OLED smartphone screen gets Ultra Dynamic Range mark
In an industry first, an organic light-emitting diode (OLED) smartphone screen made by Samsung Display has received global certi...
Jan 05, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023Golfzon to showcase portable golf simulator at CES 2023
Golfzon Co., a global indoor golf equipment maker, will participate in CES 2023 in Las Vegas to showcase its "Wave Play" product...
Jan 05, 2023 (Gmt+09:00)
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BatteriesEcoPro Group nearly doubles sales target to $7.8 billion this year
South Korea's EcoPro Group has set its sales target this year at 10 trillion won ($7.8 billion), nearly double that of last year...
Jan 05, 2023 (Gmt+09:00)
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Korean startupsKorean law firm creates startup investment association
The Law Office of Choi & Lee, a small-sized law firm, became Korea's first law firm to invest in startups. In one of the mos...
Jan 05, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023Hyundai Motor Group to make debuts of innovative startups at CES
Hyundai Motor Group's open innovation platform Zero1ne will showcase innovative technologies from ten South Korean startups at C...
Jan 05, 2023 (Gmt+09:00)
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Tech, Media & TelecomNaver’s Japan-focused B2B unit swings to profit
Naver Corp.’s business-to-business (B2B) services provider Works Mobile Co. posted its first-ever profit in 2022, driven b...
Jan 05, 2023 (Gmt+09:00)
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Mergers & AcquisitionsPrivatization of Korea’s top container line HMM to gain traction
South Korea’s move to privatize container shipping line HMM Co. to recover taxpayer money is gaining traction as governmen...
Jan 05, 2023 (Gmt+09:00)
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AutomobilesHyundai's Nexo keeps 1st place in hydrogen car market beating Toyota
Hyundai Motor Co.'s hydrogen fuel cell car model Nexo far surpassed Toyota in the world's market share. According to SNE Researc...
Jan 05, 2023 (Gmt+09:00)
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Shipping & ShipbuildingShipbuilding expected to lead manufacturing sectors in export growth
South Korea's shipbuilding exports this year are expected to jump 76.1% from last year to $32.4 billion to lead all major manufa...
Jan 05, 2023 (Gmt+09:00)
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Corporate bondsKT receives record-high corporate bond bids of $2.3 billion
KT Corp., which boasts the nation's highest credit rating at the stable “AAA,” reached a whopping 2.89 trillion won ...
Jan 05, 2023 (Gmt+09:00)
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Corporate strategyS.Korea's automotive unit Kolon Mobility Group reborn as separate entity
South Korea's Kolon Mobility Group has been launched with Lee Kyu-ho, the great grandson of the Kolon Group founder Lee Won-man,...
Jan 05, 2023 (Gmt+09:00)
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CryptocurrenciesWeMade signs partnership with Chinese digital asset exchange
WeMade said on Wednesday that it would sign a non-fungible token (NFT) partnership with Zhongchuanyuezhong Cultural Development ...
Jan 05, 2023 (Gmt+09:00)