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EconomyKorean shipbuilding, defense sectors offer bright 2023 outlook
South Korea’s major companies in shipbuilding, defense and construction industries expect strong earnings this year, despi...
Feb 16, 2023 (Gmt+09:00)
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AgTechKorea's Daedong to speed up growth with smart farming machines
Daedong Corp., South Korea’s top agricultural machinery manufacturer, aims to accelerate growth based on new businesses su...
Feb 16, 2023 (Gmt+09:00)
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Aerospace & DefenseS.Korea to lure global talent with high pay for space agency
South Korea is set to attract global talent with high salaries for a planned government space agency as the country aims to boos...
Feb 16, 2023 (Gmt+09:00)
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Corporate strategySamsung’s TV business launches customer marketing team
South Korea’s tech giant Samsung Electronics Co. is putting into action an age-old mantra that reflects the importance of ...
Feb 16, 2023 (Gmt+09:00)
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EarningsHanwha Solutions projects over $778 mn operating profit in 2023
Hanwha Solutions Corp. projects its operating profit for this year would exceed 1 trillion won ($778 million) on an anticipated ...
Feb 16, 2023 (Gmt+09:00)
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ESGKumho Tire establishes ESG committee under its board of directors
Kumho Tire Co. is intensifying its sustainable management efforts by establishing an environmental, social and governance (ESG) ...
Feb 16, 2023 (Gmt+09:00)
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AutomobilesSsangyong Motor gets certification for cyber security in Europe
SsangYong Motor Co. announced on Thursday that it has received certification for its European cyber security management system (...
Feb 16, 2023 (Gmt+09:00)
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AutomobilesHyundai Mobis ramps up patent development for future mobility tech
Hyundai Mobis, a South Korean auto parts maker and a key affiliate of Hyundai Motor Group, said on Thursday that it filed more t...
Feb 16, 2023 (Gmt+09:00)
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Travel & LeisureKTO steps up Korean tourism promotion in Saudi Arabia
The Ministry of Culture, Sports and Tourism, along with the Korea Tourism Organization (KTO), are accelerating their efforts to ...
Feb 16, 2023 (Gmt+09:00)
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SteelPOSCO affiliates mull name changes to represent green push
South Korean steel giant POSCO Group is considering changing the name of some of its affiliates in a move to rebrand them as sus...
Feb 16, 2023 (Gmt+09:00)
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RoboticsLG Elec places GuideBot in museums to improve viewing accessibility
LG Electronics Inc. announced on Thursday that the LG CLOi GuideBot "Qi" will be deployed as a curator at both the Gongju Nation...
Feb 16, 2023 (Gmt+09:00)
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Mergers & AcquisitionsSM puts cash cows up for sale as conflict with founder heats up
SM Entertainment Co., mired in conflict with its founder and former Chief Producer Lee Soo-man, is seeking to sell its shares in...
Feb 16, 2023 (Gmt+09:00)
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Korean stock marketSamsung C&T to cancel $2.3 bn worth of treasury shares, stocks up
Samsung C&T Corp.’s share price zoomed on Thursday on news that the company will cancel its entire treasury stock hold...
Feb 16, 2023 (Gmt+09:00)
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The KED ViewVietnam’s rise: An ominous sign for Korean chipmakers
Just a few years back, it was Taiwan that was on everyone’s lips in the semiconductor industry.The small East Asian island...
Feb 16, 2023 (Gmt+09:00)
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ESGLG Energy Solution joins global climate disclosure initiative
South Korean battery maker LG Energy Solution Ltd. said on Wednesday that it has become the first domestic battery maker to endo...
Feb 16, 2023 (Gmt+09:00)
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Bio & PharmaPOSCO Int'l's pharmaceutical biz in Sudan attains No. 2 market ranking
A pharmaceutical company in Sudan set up by South Korea's POSCO International to find business opportunities in and make social ...
Feb 16, 2023 (Gmt+09:00)
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ElectronicsSamsung develops world's first reusable air filter for harmful gases
Samsung Electronics Co., the South Korean electronics giant, has developed the world’s first filter that can remove both f...
Feb 16, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor units mull dropping 'Hyundai' from company names
South Korea’s Hyundai Motor Group is considering dropping the word “Hyundai” from the names of its subsidiarie...
Feb 16, 2023 (Gmt+09:00)
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Bio & PharmaAIMMED’s Somzz ushers in digital therapeutic device market in Korea
South Korea’s health and drug safety authority has cleared Somzz to treat patients with sleep disorders, a dynamic move th...
Feb 16, 2023 (Gmt+09:00)
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Tech, Media & TelecomS.Korea's extended reality sector forms industry convergence alliance
The Korea Display Industry Association (KDIA) on Wednesday signed a memorandum of understanding (MOU) on a convergence alliance ...
Feb 16, 2023 (Gmt+09:00)
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AirlinesLotte Hotel forms new mileage partnership with Singapore Airlines
On Wednesday, Lotte Hotels & Resorts announced its new mileage partnership with Singapore Airlines, marking the hotel group's ...
Feb 16, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion's Truxima shows safety, efficacy in post-marketing study
South Korean biopharmaceutical company Celltrion Inc. reported on Wednesday that its biosimilar drug Truxima (rituximab), a gene...
Feb 16, 2023 (Gmt+09:00)
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EnergySK Ecoplant enters bioenergy sector with waste-to-fuel tech
South Korea's SK Ecoplant Co. will supply fuel made from the conversion of food waste.The company on Thursday said it entered th...
Feb 16, 2023 (Gmt+09:00)
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Bio & PharmaSK Biopharm holds sales meeting for marketing Cenobamate in US
On Wednesday, SK Biopharmaceuticals Co. announced that its US subsidiary, SK Life Sciences Inc., held a "National Sales Meeting"...
Feb 16, 2023 (Gmt+09:00)
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ElectronicsSamsung Elec launches motor HR development track with sci-tech school
Samsung Electronics Co. and Gwangju Institute of Science and Technology (GIST) will jointly develop human resources to advance m...
Feb 16, 2023 (Gmt+09:00)