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SteelKorean steelmakers accuse Japanese rivals of product dumping
As Japanese hot-rolled steel plates have flooded into South Korea at even lower prices than those from China, Korean steel man...
Jan 10, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia post record sales in India; to build IONIQ 5 locally
South Korea’s two leading automakers – Hyundai Motor Co. and Kia Corp. – are solidifying their presence in Ind...
Jan 10, 2023 (Gmt+09:00)
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Korean startupsProfitable Korean startups attract funds despite downturn
Profitable South Korean startups succeeded in fundraising despite an economic downturn as investors sought stable earnings from ...
Jan 10, 2023 (Gmt+09:00)
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Bio & PharmaSK bio families to present visions to global investors at SK Bio Night
SK Inc., the investment company of SK Group, said on Tuesday that it will hold a networking event called "SK Bio Night" in the U...
Jan 10, 2023 (Gmt+09:00)
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AutomobilesKia extends official sponsorship of Australian Open until 2028
Kia Corp. said that it would extend its sponsorship of the Australian Open, one of the world's four major tennis tournaments, ...
Jan 10, 2023 (Gmt+09:00)
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EnergyPOSCO to enter palm oil refining market in Indonesia
POSCO International Co., a trading arm of South Korea’s steel giant POSCO Co., will build a palm oil refining plant in Ind...
Jan 10, 2023 (Gmt+09:00)
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AutomobilesKorea’s secondhand car market cools amid elevated interest rates
South Korea’s secondhand car market is cooling rapidly as both dealers and buyers are reeling from elevated interest rates...
Jan 10, 2023 (Gmt+09:00)
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Beauty & CosmeticsCosmax shows off advanced beauty tech at CES with Seoul Nat'l Univ.
Cosmax, a cosmetics original design manufacturer (ODM) of South Korea, said on Tuesday that it unveiled the beauty technolog...
Jan 10, 2023 (Gmt+09:00)
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Construction & PlanningHyundai Eng. acquires certifications for nuclear power plant construction
Hyundai Engineering Co. said on Tuesday it has obtained both domestic and foreign quality certifications to start the nuclear po...
Jan 10, 2023 (Gmt+09:00)
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Korean chipmakersSK Hynix introduces AI solution to semiconductor process
SK Hynix Inc. said on Tuesday that it has started to improve production efficiency and yield by introducing an artificial intell...
Jan 10, 2023 (Gmt+09:00)
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Chemical IndustryLotte Chemical conducts product risk assessment first time in Korea
Lotte Chemical Corp. said on Tuesday that it is conducting a risk assessment for its products for the first time in the domest...
Jan 10, 2023 (Gmt+09:00)
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Chemical IndustryJapanese carmaker adopts metal-replacing plastic from LG Chem
A new engineering plastic made of the compound material LUCON TX5007 and developed by South Korea's LG Chem Ltd. has been applie...
Jan 10, 2023 (Gmt+09:00)
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Bio & PharmaGCCL develops Korea's first automatic clinical trial data sharing system
Global Clinical Central Lab (GCCL), an affiliate of South Korean pharmaceutical firm Green Cross Corp., said on Monday it has jo...
Jan 10, 2023 (Gmt+09:00)
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Shareholder activismAnda pushes for right to copy KT&G shareholder list
South Korea's Anda Asset Management Co. said on Tuesday it applied for an injunction Jan. 9 to view and copy the shareholders&rs...
Jan 10, 2023 (Gmt+09:00)
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Artificial intelligenceS-1 calls AI video solutions core of this year's AI security market
Access management of facial recognition needs the most improvement this year and artificial intelligence (AI)-based solutions su...
Jan 10, 2023 (Gmt+09:00)
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Korean startupsSouth Korea develops 1,000 super gap startups
The Ministry of SMEs and Startups on Monday said it would release the next day its plan for the so-called 2023 Super-gap Startup...
Jan 10, 2023 (Gmt+09:00)
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BatteriesFord in talks with LG Energy for Turkey EV battery plant
Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to bui...
Jan 10, 2023 (Gmt+09:00)
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Capital raisingLotte E&C, Meritz Securities conclude $1.2 billion investment deal
Lotte Engineering & Construction (E&C) has secured financing of 1.5 trillion won ($1.2 billion).The company on Monday an...
Jan 10, 2023 (Gmt+09:00)
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Bio & PharmaJVM to sell fully automated drug inspection machines in US
Hanmi Pharmaceutical Co. said on Monday that it had signed an agreement with Euclid Medical Products, a company specializing in ...
Jan 10, 2023 (Gmt+09:00)
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Korean stock marketKakao Pay likely to be included in MSCI index next month
South Korean mobile payment services firm Kakao Pay Corp. will be newly incorporated into the MSCI index next month, inducing an...
Jan 10, 2023 (Gmt+09:00)
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Korean startupsSmart transportation solution provider Alt-A enlists pre-Series A funding
Alt-A, which provides a transportation system specialized in last-mile roads, said Monday that it has received pre-series ...
Jan 10, 2023 (Gmt+09:00)