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Electric vehiclesHyundai eyes greater SUV market share with new Kona EV
Hyundai Motor Co. on Tuesday unveiled the all-new Kona Electric, its first fully revamped compact sport utility vehicle in five ...
Mar 07, 2023 (Gmt+09:00)
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Carbon neutralityS.Korea to establish voluntary carbon credit exchange
South Korea will introduce a voluntary carbon market (VCM) later this year, which is expected to broaden the scope of carbon cre...
Mar 07, 2023 (Gmt+09:00)
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RetailS.Korean fashion brands rush to China for pent-up demand
South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s to...
Mar 07, 2023 (Gmt+09:00)
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EconomyS.Korea lags Taiwan in GNI per capita for first time since 2002
South Korea’s gross national income (GNI) per capita dropped 7.7% on-year last year, coming in below that of its smaller r...
Mar 07, 2023 (Gmt+09:00)
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Korean chipmakersSamsung reclaims world's top spot in chip sales: Omdia
Samsung Electronics Co. topped the global chipmakers with $67.1 billion in revenue last year, according to London-based tech res...
Mar 07, 2023 (Gmt+09:00)
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Business & PoliticsKorean lawmakers mull higher chip tax credits, battery subsidies
South Korea’s main opposition party will propose higher tax credits and subsidies for domestic chipmakers and battery manu...
Mar 07, 2023 (Gmt+09:00)
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Artificial intelligenceKakao Brain launches web service to turn imagination into images
Kakao Brain, a South Korean artificial intelligence (AI) company owned by Kakao Corp., launched an open beta version of "B^ EDIT...
Mar 07, 2023 (Gmt+09:00)
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Korean gamesLine Games launches global service for Uncharted Waters Origin
Line Games Corporation, an affiliate of South Korea’s internet giant Naver Corp., announced on Tuesday the launch of Uncha...
Mar 07, 2023 (Gmt+09:00)
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Shipping & ShipbuildingS.Korea reigned supreme on global shipbuilding market in February
South Korea’s shipbuilding industry has blown away that of China in order volume.Clarkson Research, a British shipbuilding...
Mar 07, 2023 (Gmt+09:00)
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Waste managementSK Chemicals buys Chinese supplier’s recycled raw materials, PET unit
South Korea’s SK Chemicals has created a production system for chemically recycled raw materials and PET for about 130 bil...
Mar 07, 2023 (Gmt+09:00)
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Korean startupsKorea's Indent Corp. raises $8 mn for AI-based video review marketing
Indent Corporation, a South Korean startup that operates an AI-based video review marketing solution called VReview, announced o...
Mar 07, 2023 (Gmt+09:00)
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AutomobilesHankook & Co. buys autonomous driving tech startup 3Secondz
Hankook & Company Co., a South Korean holding company that owns tire and mobility businesses, said on Tuesday that it has ac...
Mar 07, 2023 (Gmt+09:00)
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EnergyS.Korea's LS Materials set to boost earnings ahead of IPO process
LS Materials Co., a South Korean energy storage devices maker, is slated to ramp up earnings to accelerate its initial public of...
Mar 07, 2023 (Gmt+09:00)
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Business & PoliticsKorea clears environmental hurdle for new Jeju airport
South Korea’s environment ministry conditionally approved the construction of a new airport on Jeju Island with a 6.7 tril...
Mar 07, 2023 (Gmt+09:00)
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PetrochemicalsSK Earthon to be reborn as carbon-neutral company
SK Earthon, an oil development subsidiary of South Korea's SK Innovation Co., plans to transform into a carbon-neutral company f...
Mar 07, 2023 (Gmt+09:00)
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RoboticsKorea's SK Telecom jointly develops AI patrol robots
SK Telecom Co., along with its partner firms, will develop artificial intelligence (AI) robots that will replace security guards...
Mar 07, 2023 (Gmt+09:00)
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LogisticsCJ Logistics launches integrated delivery brand O-NE
CJ Logistics, a South Korean logistics company, unveiled on Monday a new delivery brand called "O-NE" that aims to connect onlin...
Mar 07, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG Elec-SM Ent JV to unveil beta home fitness app in March
Fitness Candy, a joint creation by LG Electronics Inc. and SM Entertainment Co. to rival Apple Fitness Plus, is expected to unve...
Mar 07, 2023 (Gmt+09:00)
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Food & BeverageUS burger giant Five Guys set for June S.Korea debut
Five Guys, one of the top three burger brands in the US, will open in June its first branch in South Korea in Seoul’s posh...
Mar 07, 2023 (Gmt+09:00)
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Bio & PharmaPhase 3 clinical plan for SK Bioscience's booster shot approved in Colombia
SK Bioscience Co., a leading South Korean vaccine and biotech company, announced on Monday that its phase 3 clinical trial plan ...
Mar 07, 2023 (Gmt+09:00)
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ElectronicsGlobal PC, tablet market to shrink over 10% in 2023: research
The global market for personal computers and tablets is expected to shrink by more than 10% this year, as the demand for remote ...
Mar 07, 2023 (Gmt+09:00)
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Food & BeverageS.Korea's imports of Japanese beer in January hit $2 million
Japanese beer imports in January exceeded $2 million, the most since a bilateral row erupted in July 2019 after Japan imposed ex...
Mar 07, 2023 (Gmt+09:00)
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Travel & LeisureKTO promotes travel to Korea in ITB Berlin
The Korea Tourism Organization announced on Monday its participation in ITB Berlin 2023, the world's largest tourism fair held i...
Mar 07, 2023 (Gmt+09:00)
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Mergers & AcquisitionsKakao to launch takeover bid for SM to counter HYBE
Kakao Corp., South Korea’s dominant mobile platform, will launch a takeover bid for SM Entertainment Co., according to peo...
Mar 07, 2023 (Gmt+09:00)