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MetaverseS.Korea's Krafton, Naver to set up JV for metaverse services in H1
Krafton Inc., a leading game developer in South Korea, is slated to establish a joint venture with Naver Z Corp., a metaverse un...
Mar 13, 2023 (Gmt+09:00)
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BatteriesPOSCO, Korea Zinc, Vale to close Korean nickel JV
POSCO Holdings Inc. and Korea Zinc Co. will close Korea Nickel Corp. set up jointly with Brazilian mining giant Vale Ltd. as the...
Mar 13, 2023 (Gmt+09:00)
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AutomobilesHyundai to boost India presence via takeover of GM plant
Hyundai Motor Co., the leading South Korean carmaker, is set to expand its presence in India with a takeover of General Motors C...
Mar 13, 2023 (Gmt+09:00)
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Mergers & AcquisitionsHahn & Co. puts SK Shipping’s tanker business up for sale
South Korean private equity firm Hahn & Co. is seeking to sell SK Shipping Co.’s tanker division, a business widely se...
Mar 13, 2023 (Gmt+09:00)
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EarningsPOSCO Int’l logs highest revenue for group affiliate in 2022
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc...
Mar 13, 2023 (Gmt+09:00)
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Korean stock marketKakao, HYBE shares rally on reconciliation but SM shares tank
Investors welcomed the end of a fierce month-long battle between HYBE Co. and Kakao Corp. over control of South Korea’s K-...
Mar 13, 2023 (Gmt+09:00)
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AutomobilesHankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity
South Korea’s top tire maker Hankook Tire & Technology Co. shut down a local production complex on Sunday due to a fir...
Mar 13, 2023 (Gmt+09:00)
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Beauty & CosmeticsSK Chemicals, Yonwoo to develop eco-friendly cosmetic containers
South Korean chemical company SK Chemicals and Yonwoo Co., a subsidiary of Kolmar Korea, which is a leading domestic cosmetic co...
Mar 13, 2023 (Gmt+09:00)
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Tech, Media & TelecomKT launches open beta version of metaverse platform Genieverse
South Korea's KT Corp. announced on Monday the launch of an open beta version of its business-to-consumer (B2C) metaverse platfo...
Mar 13, 2023 (Gmt+09:00)
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Electric vehiclesSK Networks renames its EV charger unit to SK Electlink
SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday t...
Mar 13, 2023 (Gmt+09:00)
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Food & BeverageNongshim lands deal to export smart farms to Saudi Arabia
South Korea's food and beverage giant Nongshim Co. will export smart farms to Saudi Arabia, following a similar deal with the Un...
Mar 13, 2023 (Gmt+09:00)
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Travel & LeisureH2O Hospitality signs MOU with Ministry of Investment of Saudi Arabia
H2O Hospitality Ltd., a South Korean company specializing in digital transformation in the hospitality and leisure industries, a...
Mar 13, 2023 (Gmt+09:00)
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ConstructionSsangyong E&C wins contract for building ASML Korea campus
Ssangyong Engineering & Construction, a South Korean builder, said on Monday that it has secured a 200-billion-won ($170-mil...
Mar 13, 2023 (Gmt+09:00)
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Bio & PharmaGC Biopharma's licensed flu vaccine gets approval in Taiwan
South Korea's pharmaceutical firm GC Biopharma Corp. announced on Monday that its quadrivalent flu vaccine has received marketin...
Mar 13, 2023 (Gmt+09:00)
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ElectronicsLG Elec to showcase eco-friendly cooling, heating solutions at ISH 2023
LG Electronics Inc. is aiming to expand its presence in the European air conditioning market with its high-efficiency heat pump ...
Mar 13, 2023 (Gmt+09:00)
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Bio & PharmaLG Chem mulls shuttering in-vitro diagnostics business
LG Chem Ltd. is considering an exit from the in-vitro diagnostics market to focus more on novel drug development as it lagged it...
Mar 13, 2023 (Gmt+09:00)
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Cloud computingSamsung SDS to offer customized cloud services
Samsung SDS Co. is ready to offer easy-to-use, customized cloud storage services to help its clients' digital transformation, it...
Mar 13, 2023 (Gmt+09:00)
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Corporate governanceGoogle, Microsoft laying off staff in S.Korea
The South Korean branches of Google and Microsoft have started efforts to cut staff in line with what analysts call large-scale ...
Mar 13, 2023 (Gmt+09:00)
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Samsung GroupSamsung Chairman Jay Y. Lee pledges more anonymous donations
“I want to actively participate in volunteer work but it isn't easy because my face is known.”Samsung Electronics Co...
Mar 13, 2023 (Gmt+09:00)
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Korean chipmakersKorea to raise young chip engineers for Samsung, SK Hynix
South Korea plans to nurture more youths specialized in semiconductors at high schools to ease the worsening shortage of high-...
Mar 13, 2023 (Gmt+09:00)
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ElectronicsSamsung's Neo QLED selected as Best Gaming TV by Consumer Reports
Samsung Electronics Co.'s Neo QLED was recently awarded "Best Gaming TV" by Consumer Reports, a leading American consumer magazi...
Mar 13, 2023 (Gmt+09:00)
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Food & BeveragePulmuone looks to enter US plant-based convenience food market
Pulmuone, a leading South Korean producer of plant-based foods such as tofu and bean sprouts, is trying to expand the K-food ter...
Mar 13, 2023 (Gmt+09:00)
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BlockchainBC Card applies for patent for offline asset authentication via NFT
South Korea's BC Card on Sunday said it applied for a domestic patent for a non-fungible token (NFT) that can verify a user's as...
Mar 13, 2023 (Gmt+09:00)
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ConstructionHyundai L&C targets China’s interior materials market
Hyundai L&C, a South Korean building materials company under the Hyundai Department Store Group, said on Sunday that it has ...
Mar 13, 2023 (Gmt+09:00)