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AutomobilesGenesis rewrites Hyundai story, shedding Honda copycat image
Once dismissed as a Honda copycat, Hyundai Motor Co. is poised to pass yet antother milestone, with its luxury brand Genesis on ...
Jul 07, 2023 (Gmt+09:00)
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Venture capitalKorean startups feel bite of funding drought in H1
The drought in venture capital funding worsened in South Korea in the first half of this year, taking an especially heavy to...
Jul 07, 2023 (Gmt+09:00)
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EarningsLG Elec Q2 profit misses forecast on costs; stocks tumble
LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs r...
Jul 07, 2023 (Gmt+09:00)
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BatteriesPOSCO revises up 2030 cathode output target by 40%
POSCO Future M Co. is aiming to be South Korea’s largest cathode material producer by 2030, by when it hopes its output wi...
Jul 07, 2023 (Gmt+09:00)
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Mergers & AcquisitionsSKC acquires 45% stake in chip test firm ISC for $400 million
SKC Ltd., a South Korean chemical materials company, said on Friday it has acquired a 45% stake in semiconductor test equipment ...
Jul 07, 2023 (Gmt+09:00)
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Tech, Media & TelecomNHN Cloud to boost mobile games operations in Japan
South Korea's NHN Cloud on Friday said that at this year's Game Tools & Middleware Forum (GTMF) in Japan, it gave a presenta...
Jul 07, 2023 (Gmt+09:00)
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FashionDior to open Tears capsule collection pop-up store in Seoul
Dior will open a pop-up store in Seoul's Seongsu-dong to commemorate the launch of the "Dior Tears capsule collection."This coll...
Jul 07, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHD KSOE secures $319 mn contract for three VLGC
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., ann...
Jul 07, 2023 (Gmt+09:00)
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ElectronicsSamsung unveils global campaign video of Galaxy Z
Samsung Electronics Co. has announced the release of a new global campaign video ahead of the unveiling of the new foldable phon...
Jul 07, 2023 (Gmt+09:00)
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Korean startupsAI startup Liner adds GPT service to Samsung Internet Browser
South Korea’s Liner, an artificial intelligence search platform startup, on Thursday announced the release of Liner Copilo...
Jul 07, 2023 (Gmt+09:00)
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Beauty & CosmeticsBeauty markets in three NE Asian nations split into cheap, small luxury
The beauty markets of South Korea, China and Japan are split into cost-effective products of under $10 and "small luxury" items ...
Jul 07, 2023 (Gmt+09:00)
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RoboticsSK Shieldus to verify performance of self-driving patrol robot
South Korean security company SK Shieldus will demonstrate the performance of a self-driving patrol robot.The company on Thursda...
Jul 07, 2023 (Gmt+09:00)
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Hydrogen economyPOSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035
South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply...
Jul 07, 2023 (Gmt+09:00)
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EconomyKorea logs current account surplus in May on brisk sales of goods
South Korea’s current account swung to the black in May from a deficit the prior month, thanks to a surplus in the goods a...
Jul 07, 2023 (Gmt+09:00)
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Travel & LeisureKTO releases 49 Korean Wave tourism products
The Korea Tourism Organization (KTO) said on Friday that it has selected 49 tourism routes developed by 19 different travel agen...
Jul 07, 2023 (Gmt+09:00)
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Hydrogen economyHD Hyundai Infracore to develop hydrogen gas turbine engine
HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of unde...
Jul 07, 2023 (Gmt+09:00)
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BatteriesLG Energy triples lithium orders from SQM for US benefits
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, agreed to nearly triple lithium procur...
Jul 07, 2023 (Gmt+09:00)
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EarningsSamsung chip turnaround likely in second half after dismal Q2
Samsung Electronics Co. expects to see light at the end of the tunnel with a likely turnaround of its mainstay chip business in ...
Jul 07, 2023 (Gmt+09:00)