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ElectronicsWith AI tech, Samsung Electronics on par with Apple: Han Jong-hee
MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech App...
Apr 17, 2024 (Gmt+09:00)
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BatteriesLG Chem, Korea Zinc JV to mass-produce EV battery materials
A joint venture between LG Chem Ltd. and Korea Zinc Inc. is slated to start the mass production of precursor, a key electric veh...
Apr 17, 2024 (Gmt+09:00)
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Aerospace & DefenseInnospace, LIG Nex1 to co-work for space, defense business
South Korea's space launch startup Innospace announced on Wednesday that it signed a business agreement with LIG Nex1 Co. for co...
Apr 17, 2024 (Gmt+09:00)
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Food & BeverageMcDonald’s Korea sees record sales in 2023
Fast food giant McDonald’s Corp. achieved record revenue of 1.29 trillion won ($815.9 million) last year in Korea, accordi...
Apr 17, 2024 (Gmt+09:00)
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Aerospace & DefenseKorea to offer $5 bn insurance for defense exports
South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as...
Apr 17, 2024 (Gmt+09:00)
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Corporate strategySK Innovation to adjust business portfolios for long-term growth
SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth whil...
Apr 17, 2024 (Gmt+09:00)
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ElectronicsLG to double global built-in appliance sales to $722 mn
MILAN, ITALY – LG Electronics Inc. eyes 1 trillion won ($722 million) in global built-in appliance sales in three years by...
Apr 17, 2024 (Gmt+09:00)
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Construction & PlanningS.Korean gov’t selects six overseas cities for K-City Network
The South Korean Ministry of Land, Infrastructure and Transport announced on Wednesday that it selected six cities including Ind...
Apr 17, 2024 (Gmt+09:00)
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Korean chipmakersSamsung to mass-produce industry’s fastest LPDDR5X DRAM in H2
South Korean tech giant Samsung Electronics Co. said on Wednesday it has developed an LPDDR5X DRAM chip that supports the indust...
Apr 17, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai, Scottish firms to cooperate on offshore wind power
South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it signed a memorandum of understanding (MOU) with Sco...
Apr 17, 2024 (Gmt+09:00)
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Private equityDaesung PE tops Korean venture funds by return in 2018-2023
Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain be...
Apr 17, 2024 (Gmt+09:00)
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Korean startupsKorean unicorns slow growth to focus on profits
South Korean unicorns, or startups valued at $1 billion or more, are slowing the pace of growth to shore up their bottom lines a...
Apr 17, 2024 (Gmt+09:00)
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LogisticsHyundai Glovis to supply $29 mn logistics automation systems
South Korea's Hyundai Glovis Co. announced on Wednesday that it signed a contract with Korea Superfreeze Inc. and EcoPro CnG to ...
Apr 17, 2024 (Gmt+09:00)
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AutomobilesAutech enters silver car market for seniors
South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for...
Apr 17, 2024 (Gmt+09:00)
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Korean startupsKorea’s Catchtable eyes offshore table reservation markets
Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, is considering ...
Apr 17, 2024 (Gmt+09:00)
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Korean gamesS.Korean game developers to utilize idol group IPs
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., signed a licensing deal with SM Entertainment ...
Apr 17, 2024 (Gmt+09:00)