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ElectronicsSamsung, LG look to Europe with AI-powered built-in kitchen appliances
MILAN, ITALY – Samsung Electronics Co. and LG Electronics Inc. are big names in the US home appliances market. The two Sou...
Apr 15, 2024 (Gmt+09:00)
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Banking & FinanceS.Korea asks savings banks to raise capital to avoid crisis
South Korea’s top financial regulator advised about 10 local savings banks in trouble to increase their capital by the end...
Apr 15, 2024 (Gmt+09:00)
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Upcoming IPOsKorean lidar venture SOSLab eyes Kosdaq debut in May
South Korean light detection and ranging (lidar) startup SOSLab aims to debut on the junior bourse Kosdaq in May, according to b...
Apr 15, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHMM to sharply increase container ship fleet by 2030
HMM Co., South Korea’s flagship sea carrier, on Monday unveiled a plan to sharply increase the fleet of container and bulk...
Apr 15, 2024 (Gmt+09:00)
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Korean startupsParadigm Shift attracts $290k seed bridge investment
Paradigm Shift, the operator of the exercise diary app for middle-aged women Heroines, announced on Monday that it attracted a...
Apr 15, 2024 (Gmt+09:00)
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Business & PoliticsOlder Voters Are Taking Over in the World’s Wealthy Democracies
SEOUL—On the surface, South Korea’s legislative election this week looks much like past votes. Candidates are holdin...
Apr 15, 2024 (Gmt+09:00)
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AutomobilesHyundai’s Genesis: Vehicle evolution from comfort to driving fun
Hyundai Motor Co.'s premium brand Genesis, once derided as a Lexus copycat, is emerging as a breadwinner for the top South Korea...
Apr 15, 2024 (Gmt+09:00)
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Aerospace & DefenseKAI inks $723 mn eVTOL aircraft parts deal with Brazil’s Eve
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, said it signed a 1 trillion won ...
Apr 15, 2024 (Gmt+09:00)
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ElectronicsSamsung’s The Frame selected as display for Art Basel
Samsung Electronics Co. announced on Monday that its TV The Frame was selected as the official display for the world's largest a...
Apr 15, 2024 (Gmt+09:00)
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AutomobilesLotte Rental launches driver-inclusive rental service in Vietnam
Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it has launched a "Vietnam Driver-inclusive Re...
Apr 15, 2024 (Gmt+09:00)
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Korean foodKorean kimchi makers spur production in US, Australia
South Korean top food makers such as CJ CheilJedang Corp. and Daesang Corp. are expanding their kimchi factories overseas to mee...
Apr 15, 2024 (Gmt+09:00)
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AutomobilesLG, Hyundai seek to deepen vehicle system partnership
LG Group units, including LG Electronics Inc. and LG Innotek Co., are in talks with Hyundai Motor Group to expand collaboration ...
Apr 15, 2024 (Gmt+09:00)
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ElectronicsSamsung to deploy smart home services in Miami
Samsung Electronics Co. announced on Sunday that it will deploy smart home services in the Miami residential complex, Florida ...
Apr 15, 2024 (Gmt+09:00)
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Artificial intelligenceLotte Innovate, Kolon Benit to cooperate on AI Solutions
South Korea’s Lotte Innovate (formerly, Lotte Data Communication Co. ) announced that it signed a memorandum of understand...
Apr 15, 2024 (Gmt+09:00)
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BatteriesSK On, Siemens DISW to build smart factory system
South Korean rechargeable battery maker SK On Co. signed a memorandum of understanding (MOU) with Siemens Digital Industries Sof...
Apr 15, 2024 (Gmt+09:00)