-
Future mobilityHyundai’s JV Motional delays robotaxi commercialization, cuts jobs
Self-driving technology developer Motional decided to delay robotaxi deployments with ride-hailing companies Uber Technologies I...
May 09, 2024 (Gmt+09:00)
-
Korean chipmakersSK Hynix looks to expand AI memory leadership with new NAND chip
South Korea’s SK Hynix Inc. aims to expand its memory leadership in the artificial intelligence sphere beyond the high-per...
May 09, 2024 (Gmt+09:00)
-
Travel & LeisureChinese group tours to Korea poised for strong revival
Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese grou...
May 09, 2024 (Gmt+09:00)
-
Korean stock marketKorea to launch alternative stock exchange in 2025
South Korea will launch the country’s first alternative stock exchange Nextrade Co. in the first half of next year to enab...
May 09, 2024 (Gmt+09:00)
-
RoboticsKorea’s Koh Young to launch brain surgery robot in US in 2025
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, aims to ...
May 09, 2024 (Gmt+09:00)
-
Venture capitalVC firm DSC Investment forms Korea's largest secondary fund
South Korean asset manager DSC Investment has formed the country’s largest-ever fund for venture capital secondaries to ex...
May 09, 2024 (Gmt+09:00)
-
LogisticsSamsung Welstory completes new Vietnam logistics center
South Korean food and beverage company Samsung Welstory announced on Thursday that it completed a new logistics center with a co...
May 09, 2024 (Gmt+09:00)
-
RetailShilla Duty Free to co-work with China's largest lifestyle info platforms
South Korea's Shilla Duty Free Shop announced on Thursday that it partnered with Meituan and Dazhong Dianping, China's largest t...
May 09, 2024 (Gmt+09:00)
-
Shipping & ShipbuildingHD Hyundai unveils USV Tenebris in US
HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, announced on Thursday that it exhibited the model of its...
May 09, 2024 (Gmt+09:00)
-
Banking & FinanceNear-zero interest rate deposits swell at Korean banks
Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the ...
May 09, 2024 (Gmt+09:00)
-
Korean chipmakersSK Hynix to sell 50% stake in Wuxi foundry unit to Chinese firm
SK Hynix Inc. will sell nearly a half stake in its foundry unit in China to a Chinese state-run enterprise for $349.3 million in...
May 09, 2024 (Gmt+09:00)
-
Banking & FinanceKakaoBank sees record quarterly net profit
South Korea's KakaoBank Corp. enjoyed a record quarterly net profit of 111.2 billion won ($81 million) for the first quarter o...
May 09, 2024 (Gmt+09:00)
-
CryptocurrenciesUpbit’s staking deposits exceed $2.2 bn
The staking deposits of Upbit, South Korea's leading crypto exchange, surged past 3 trillion won ($2.2 billion) by the end of ...
May 09, 2024 (Gmt+09:00)
-
Business & PoliticsSoftBank to buy part of Naver's Line stake by July: CEO Miyakawa
TOKYO – SoftBank Corp., which runs LY Corp., the operator of the popular mobile messenger app Line in Japan, said on Thurs...
May 09, 2024 (Gmt+09:00)
-
Beauty & CosmeticsAPR completes second factory in Pyeongtaek
South Korea's cosmetic and clothing company APR announced on Wednesday that it completed its second plant, the APR Factory Pyeon...
May 09, 2024 (Gmt+09:00)