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Artificial intelligenceNaver launches image-generating platform Lasco AI
Naver Corp., South Korea’s dominant online platform, has ventured into the image-generative artificial intelligence market...
Apr 13, 2023 (Gmt+09:00)
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Corporate strategyPOSCO International to transform into green company by 2030
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc...
Apr 13, 2023 (Gmt+09:00)
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Culture & TrendsPreppy style attracts Korea's Gen Z, Alpha seeking retro trends
A licensed fashion brand from the University of Cambridge has entered South Korea as more young consumers are enthusiastic about...
Apr 13, 2023 (Gmt+09:00)
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EconomyKorean economy unlikely to rebound in H2; BOK may keep rate
South Korea’s economy is unlikely to rebound in the second half as exports are expected to stay weak on the sluggish globa...
Apr 13, 2023 (Gmt+09:00)
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Tech, Media & TelecomS.Korean supreme court upholds $800 mn fine against Qualcomm
South Korea’s Supreme Court on Thursday reaffirmed the country’s largest-ever penalty of 1.03 trillion won ($800 mil...
Apr 13, 2023 (Gmt+09:00)
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Aerospace & DefenseS.Korea, Boeing tie up for develop future advanced weapons
The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct researc...
Apr 13, 2023 (Gmt+09:00)
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Business & PoliticsS.Korean state-run railroad companies meet Czech Minister of Transport
South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that the...
Apr 13, 2023 (Gmt+09:00)
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Bio & PharmaHLB starts Phase 3 clinical trials for ophthalmic disease treatment in US
South Korea's pharmaceutical company HLB Therapeutics Co. announced on Thursday that it has started patient administration of "R...
Apr 13, 2023 (Gmt+09:00)
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Electric vehiclesIndonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales
South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically redu...
Apr 13, 2023 (Gmt+09:00)
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Shipping & ShipbuildingKSOE wins order $171 mn for two crude oil carriers
Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Gr...
Apr 13, 2023 (Gmt+09:00)
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Korean startupsSamsung Electronics opens 3rd C-Lab Outside regional hub
Samsung Electronics Co. on Thursday opened the third regional center of its C-Lab Outside, a corporate partnership program to nu...
Apr 13, 2023 (Gmt+09:00)
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AutomobilesHankook Tire's iON brand wins Red Dot Design Award
South Korean tire maker Hankook Tire & Technology said on Thursday that its electric vehicle (EV) exclusive tire brand, "iON...
Apr 13, 2023 (Gmt+09:00)
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RetailHyundai Dept. Store to open first Disney Store in Korea
South Korea's Hyundai Department Store Co. said on Thursday that it has acquired the operating rights of Disney Store, a retail ...
Apr 13, 2023 (Gmt+09:00)
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RoboticsS.Korean convenience store chain CU pilots delivery robot
BGF Retail, a franchiser that operates convenience store chain CU, is currently testing delivery robots developed by Mobinn, a s...
Apr 13, 2023 (Gmt+09:00)
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Korean chipmakersKorea must nurture chip materials, parts, facilities: Jusung
South Korea needs to nurture its materials, parts and facilities industries to keep competitiveness in the semiconductor sector,...
Apr 13, 2023 (Gmt+09:00)
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Korean startupsS.Korea offers major support to online overseas shipments of 100 promising SMEs
South Korea's Ministry of SMEs and Startups on Thursday said it launched an online export package program of extensive support f...
Apr 13, 2023 (Gmt+09:00)
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RetailLotte Department Store plans to open Line Friends pop-up store
South Korea's Lotte Department Store seeks to attract foreign tourists amid Golden Week holidays in Southeast Asia.Tourists from...
Apr 13, 2023 (Gmt+09:00)
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ElectronicsS.Korean display companies look to expand business in India with Vedanta
South Korean display companies try to make breakthrough in new market by entering Indian market.The Korea Display Industry Assoc...
Apr 13, 2023 (Gmt+09:00)
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AirlinesS.Korea's airlines boosting staff amid recovering demand for overseas travel
South Korea's airlines are opening their hiring doors wide open with the resumption of international flights amid demand for ove...
Apr 13, 2023 (Gmt+09:00)
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AutomobilesHyundai launches second-generation Kona EV, 417km on a single charge
Hyundai Motor Co. announced on Thursday that it launches the second-generation Kona EV, also known as the The All-New Kona Elect...
Apr 13, 2023 (Gmt+09:00)
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Research & DevelopmentKorean scientists publish breakthrough in high-resolution X-ray imaging
South Korean scientists led by physicist Park Yongkeun with global achievements in medical science and engineering have discover...
Apr 13, 2023 (Gmt+09:00)
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Business & PoliticsYoon's English School, Thai Edupark to cooperate in local education market
South Korean English education company, Yoon's English School, has signed a business agreement with Thai education firm, EduPark...
Apr 13, 2023 (Gmt+09:00)
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Chemical IndustryLG Chem teams up with US company to expand bioplastic global business
LG Chem Ltd. has partnered with a US-based biofuel company Gevo to expand its bio-material-based plastic business.The company an...
Apr 13, 2023 (Gmt+09:00)
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Korean startupsFamed S.Korean pedometer app Cashwalk attracts first investment of $22 million
Nudge Healthcare, a startup that runs the South Korean health management app Cashwork, on Wednesday said it secured its first in...
Apr 13, 2023 (Gmt+09:00)