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Korean chipmakersSamsung, SK Hynix to benefit from Intel’s Sapphire Rapids CPU
The much-awaited launch of Intel Corp.’s latest processors dubbed Sapphire Rapids is a boon for leading memory chipmakers ...
Jan 11, 2023 (Gmt+09:00)
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Beauty & CosmeticsKorean cosmetics shares rise as China reopens borders
Shares in South Korean cosmetics brands are gaining momentum after brokerage houses lifted their target prices on expectations t...
Jan 11, 2023 (Gmt+09:00)
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AutomobilesPowertrain maker Hyundai Transys set to post record-high 2022 revenue
Hyundai Transys Co., a Hyundai Motor Group unit that makes powertrains and seats, said on Wednesday that it is estimated to have...
Jan 11, 2023 (Gmt+09:00)
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EnergyHanwha to build largest US solar energy hub for $2.5 bn
South Korea’s Hanwha Solutions Corp. said on Wednesday that it will invest 3.2 trillion won ($2.5 billion) to build the la...
Jan 11, 2023 (Gmt+09:00)
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Bio & PharmaLotte to invest more in US bio biz, spend $3 bn in Korea
SAN FRANCISCO -- South Korea’s Lotte Biologics Co. is considering investing more in the US bio industry and spending $3 bi...
Jan 11, 2023 (Gmt+09:00)
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Tech, Media & TelecomSK Telecom, Nokia demonstrate Korea's first open RAN base station
SK Telecom Co. said on Tuesday that it verified jointly with Nokia the stable 5G speed and coverage performance in a field test ...
Jan 11, 2023 (Gmt+09:00)
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Carbon neutralitySamsung Biologics receives Terra Carta Seal
Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it was awarded the Sustainable Markets In...
Jan 11, 2023 (Gmt+09:00)
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Bio & PharmaOsstem Implant to supply 490,000 sets to Chinese government
Osstem Implant Co. said on Wednesday that it has won more than 490,000 sets of implants in a bid for dental implants put up by t...
Jan 11, 2023 (Gmt+09:00)
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Food & BeveragePAG joins race to buy Korean burger chain Mom's Touch
Pacific Alliance Group (PAG), a Hong Kong-based alternative investment firm, joined the bidding on Jan. 10 to acquire a 100% sta...
Jan 11, 2023 (Gmt+09:00)
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Korean startupsPOSCO opens first overseas venture incubating office in Silicon Valley
POSCO Group said on Wednesday that it has opened the first overseas office of ChangeUp Ground in Silicon Valley in the US.Change...
Jan 11, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023SK Ecoplant looks to enter US battery recycling business: CEO
SK Ecoplant Co., a South Korean construction engineering company, will enter the US battery recycling business by investing in p...
Jan 11, 2023 (Gmt+09:00)
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Chemical IndustryHyundai L&C wins GR certification for recycled PET packaging sheets
Hyundai Living & Culture, Hyundai Department Store Co. Group's building materials unit, said on Wednesday that it has receiv...
Jan 11, 2023 (Gmt+09:00)
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SteelDong Yang Steel Pipe signs contract with Japanese EPC company
DongYangSteelPipe, a steel pipe unit of KBI Group, said on Tuesday that it had signed on the previous day an agreement with a Ja...
Jan 11, 2023 (Gmt+09:00)
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Debt financingSK Hynix issues $1 bn sustainability-linked bonds
South Korea’s SK Hynix Inc. has raised $1 billion in sustainability-linked bonds (SLBs) to become the world's first memory...
Jan 11, 2023 (Gmt+09:00)
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RetailS.Korea resumes egg imports in 13 months due to soaring prices
As egg prices soared due to the spread of bird flu or avian influenza, the South Korean government resumed imports of eggs to ea...
Jan 11, 2023 (Gmt+09:00)
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Hydrogen economySK E&S, Plug Power agree to strengthen hydrogen partnership
SK E&S CEO Choo Hyung-wook met with Plug Power CEO Andy Marsh at CES 2023 in Las Vegas on Jan. 5 to discuss ways to strength...
Jan 11, 2023 (Gmt+09:00)
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Artificial intelligenceHancom Frontis to develop AI digital human, 3D scanning project
Hancom Frontis, a Hancom Group company specializing in the metaverse, said on Tuesday that it has signed a three-way agreement w...
Jan 11, 2023 (Gmt+09:00)
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Automobiles11 Hyundai Motor Group products receive US' Good Design Awards
Hyundai Motor Group on Wednesday said 11 of its products won honors at this year's Good Design Awards of the US.The honors are j...
Jan 11, 2023 (Gmt+09:00)
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EntertainmentKorean apparel retailer F&F to produce global K-pop stars
South Korean outdoor clothing retailer F&F Co. made a foray into the entertainment sector to create a synergy of K-content a...
Jan 11, 2023 (Gmt+09:00)
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AutomobilesKatech signs self-driving R&D agreement with SwRI in US
The Korea Automotive Technology Institute (Katech) said on Tuesday that it will join hands with the Southwest Research Institute...
Jan 11, 2023 (Gmt+09:00)
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Korean gamesNexon teams up with 'Parasite' film production company Barunson E&A
Nexon, one of South Korea's top three game giants, on Tuesday said it signed a strategic memorandum of understanding with Baruns...
Jan 11, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion Healthcare lands biosimilar deal in Brazil for 2nd straight year
South Korea's Celltrion Healthcare Co. on Tuesday said that for the second straight year, it landed an order for infliximab, an ...
Jan 11, 2023 (Gmt+09:00)
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EconomyS.Korea posts 2nd current account deficit in 3 months due to flat exports
South Korea in November last year suffered its second current account deficit in three months due to plummeting exports of key i...
Jan 11, 2023 (Gmt+09:00)