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RetailShinsegae, Galleria woo Louis Vuitton, Rolex for new growth
Louis Vuitton and Rolex brands are status symbols for customers and so they are for department stores in South Korea.Shinsegae I...
Nov 08, 2023 (Gmt+09:00)
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Electric vehiclesPOSCO International wins $761 mn EV parts supply deal from US carmaker
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc...
Nov 08, 2023 (Gmt+09:00)
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Bio & PharmaDoctornow signs business agreement with Spain’s Mediktor
South Korea's medical care startup Doctornow Inc. announced on Wednesday it signed a strategic business agreement with global ar...
Nov 08, 2023 (Gmt+09:00)
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ElectronicsLG Display’s OLED panel gets certifications for eye comfort
South Korea’s LG Display Co. announced on Wednesday its third-generation OLED TV panels got a certification from global ...
Nov 08, 2023 (Gmt+09:00)
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Artificial intelligenceNaver opens Asia’s largest data center for AI, cloud biz
SEJONG – South Korea’s online giant Naver Corp. opened Asia’s largest data center in the country to lead techn...
Nov 08, 2023 (Gmt+09:00)
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Korean startupsKorean AI startups Allganize, Neurophet raise over $35 mn
South Korea’s artificial intelligence technology startups Allganize Inc. and Neurophet Inc. raised about 47 billion won ($...
Nov 08, 2023 (Gmt+09:00)
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Artificial intelligenceSamsung unveils generative AI Gauss, to be integrated in Galaxy S24
Samsung Electronics Co. on Wednesday unveiled its first generative artificial intelligence model, Samsung Gauss, to compete with...
Nov 08, 2023 (Gmt+09:00)
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Artificial intelligenceLG, Qraft Technologies' AI-powered ETF trades on NYSE
South Korea’s LG Group and Seoul-based Qraft Technologies Inc. have jointly launched an exchange-traded fund (ETF) that se...
Nov 08, 2023 (Gmt+09:00)
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Future mobilityHyundai's Supernal plans to build flying taxi plant in US
Hyundai Motor Group plans to build a flying electric taxi plant in the US as the South Korean automotive group aims to bring fly...
Nov 08, 2023 (Gmt+09:00)
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EarningsSK Telecom’s Q3 profit up on brisk data center, cloud sales
SK Telecom Co.'s third-quarter operating profit increased 7% on-year, becoming the only South Korean mobile carrier posting an o...
Nov 08, 2023 (Gmt+09:00)
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Bio & PharmaGencurix gets FDA OK for breast cancer prognosis analysis device
South Korean biotech company Gencurix Inc. announced on Wednesday its subsidiary GenoBio has received approval from the US ...
Nov 08, 2023 (Gmt+09:00)
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RoboticsLotteria to introduce kitchen robot Alpha Grill
South Korea's Lotte GRS, the operator of fast food franchise Lotteria, plans to introduce a kitchen automation robot Alpha Grill...
Nov 08, 2023 (Gmt+09:00)
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Electric vehiclesHyundai Mobis raises $940 mn via loan for EV parts plants in US
Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, has raised $940 million via an overseas loan to build facili...
Nov 08, 2023 (Gmt+09:00)
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AutomobilesImported cars set to snap 3-year growth streak in S.Korea
Imported passenger cars are expected to see their first retreat in four years in South Korea on the growing popularity of domest...
Nov 08, 2023 (Gmt+09:00)
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BatteriesPOSCO Holdings to secure lithium from oil-field brine in Canada
South Korea's POSCO Holdings Inc. announced on Wednesday it signed a memorandum of understanding (MOU) with Invest Alberta Corpo...
Nov 08, 2023 (Gmt+09:00)
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RetailS.Korea's Emart24 to sell prefabricated house
South Korea’s convenience store chain Emart24 partnered with YMK Construction to launch an innovative range of prefabricat...
Nov 08, 2023 (Gmt+09:00)
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EarningsCoupang on track to post first-ever annual profit in 2023
South Korean e-commerce giant Coupang Inc. on Tuesday reported $87 million in operating profit in the third quarter, its third c...
Nov 08, 2023 (Gmt+09:00)
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MachineryDoosan Bobcat to build new factory in Mexico
Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced o...
Nov 08, 2023 (Gmt+09:00)
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Food & BeverageK-chicken chain BB.Q opens fourth restaurant in Philippines
South Korea’s leading fried chicken franchise BB.Q Chicken announced on Wednesday it opened its fourth restaurant at The...
Nov 08, 2023 (Gmt+09:00)