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MarketsKorean won at 1-yr low vs yen; end of boon for exporters
The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven ass...
Apr 07, 2023 (Gmt+09:00)
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EnergyHanwha inks largest supply deal for US community solar biz
South Korea’s Hanwha Solutions Corp. is set to sell 2.5 million modules to US community solar programs through the largest...
Apr 07, 2023 (Gmt+09:00)
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Food & BeverageS. Korean food company Ottogi opens new research center
South Korean food company Ottogi Co. has announced on Friday the opening of the food safety science research institute at its Ot...
Apr 07, 2023 (Gmt+09:00)
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EarningsLG Energy’s Q1 profit soars on gains from US battery tax credits
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likel...
Apr 07, 2023 (Gmt+09:00)
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AutomobilesHankook Tire's iON evo tops Auto Bild's electric car tire test
Korean tire manufacturer Hankook Tire & Technology announced on Friday that its electric vehicle-dedicated high-performance ...
Apr 07, 2023 (Gmt+09:00)
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RetailS.Korea's Musinsa promotes domestic fashion brands in Tokyo
South Korea's e-commerce fashion platform Musinsa announced on Friday that it opens a K-fashion brand pop-up store in Tokyo's Ha...
Apr 07, 2023 (Gmt+09:00)
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ElectronicsHD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs
HD Hyundai Electric Co., the electrical power equipment and energy solution affiliate of South Korean conglomerate HD Hyundai Co...
Apr 07, 2023 (Gmt+09:00)
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Korean foodParis Baguette to showcase at London Franchise Show 2023
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Friday that it will participate in the London Int...
Apr 07, 2023 (Gmt+09:00)
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Korean chipmakersS.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests
Rebellions Inc., a South Korean artificial intelligence chip design startup, beat global chip giants Qualcomm Technologies Inc. ...
Apr 07, 2023 (Gmt+09:00)
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Carbon neutralitySK, Samsung accelerate S.Korea’s CO2 capture biz growth
Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and...
Apr 07, 2023 (Gmt+09:00)
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E-commerceSingapore-based Qoo10 acquires South Korean e-tailer WeMakePrice
The Singapore-based e-commerce platform Qoo10 has acquired South Korea's online shopping site WeMakePrice, making Qoo10 fourth i...
Apr 07, 2023 (Gmt+09:00)
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Bio & PharmaVerismo's CAR-T therapy designated fast-track status by FDA
Verismo Therapeutics, a US affiliate of South Korean pharmaceutical firm HLB Co., has received fast-track designation from the U...
Apr 07, 2023 (Gmt+09:00)
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Cloud computingKorea's InnoGrid to collaborate with Hyosung for cloud business
InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed a...
Apr 07, 2023 (Gmt+09:00)
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Corporate strategyLotte Group secures $3.8 bn funding from four major Korean banks
Lotte Group announced on Friday that it has signed a financial support agreement worth 5 trillion won ($3.8 billion) with four m...
Apr 07, 2023 (Gmt+09:00)
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BatteriesKorea's electric battery maker SK On predicts 'tangible results' from 2024
"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-w...
Apr 07, 2023 (Gmt+09:00)
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EarningsSamsung’s chip output cut: Boon for industry, price rebound
Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday it is curtailing chip production after its s...
Apr 07, 2023 (Gmt+09:00)
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Chemical IndustryS.Korea's D-Rex Polymer starts making green adhesive
South Korean petrochemical company DL Chemical on Thursday said its subsidiary D-Rex Polymer on April 1 began production of an e...
Apr 07, 2023 (Gmt+09:00)