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BatteriesLG Chairman to refine strategy for EV battery production
Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, visited a cathode plant on Monday to review supply...
Apr 18, 2023 (Gmt+09:00)
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ElectronicsSamsung Store tops home appliance store in S. Korea
Samsung Store, Samsung Electronics Co.'s direct-to-consumer (D2C) channel, has exceeded Lotte Himart in domestic sales for the f...
Apr 18, 2023 (Gmt+09:00)
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BatteriesSamsung SDI unveils super-gap battery tech aimed at Chinese market
South Korea's leading secondary battery maker Samsung SDI Co. is setting its sights on China's battery market with its super-gap...
Apr 18, 2023 (Gmt+09:00)
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Tech, Media & TelecomS.Korea's data market is estimated at $19 bn last year
The size of South Korea's data industry market is expected to exceed 25 trillion won ($18.96 billion) last year.According to t...
Apr 18, 2023 (Gmt+09:00)
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Korean chipmakersSeoul Semiconductor's Sunlike LED is installed in Volvo's new EV
Seoul Semiconductor Co. Ltd., a South Korean LED light manufacturer, announced on Tuesday that Volvo's new electric sports utili...
Apr 18, 2023 (Gmt+09:00)
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HealthcareSamsung unveils HealthStack at US healthcare tech exhibition
Samsung Electronics Co. announced on Tuesday that it will showcase Samsung HealthStack ver. 1.0 at the "2023 HIMSS Global Health...
Apr 18, 2023 (Gmt+09:00)
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Bio & PharmaDaewoong Pharma, UK firm to jointly develop autoimmune disease drug
South Korean drugmaker Daewoong Pharmaceutical Co. said on Tuesday that it has signed a cooperation agreement with Sygnature Dis...
Apr 18, 2023 (Gmt+09:00)
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Electric vehiclesHyundai Motor seeks remedies after GV70 exclusion from US subsidies
Hyundai Motor Co. is seeking various ways to make its electric vehicles sold in the US qualify for tax credits after its Electri...
Apr 18, 2023 (Gmt+09:00)
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Tech, Media & TelecomSK Telecom enters next-generation broadcasting platform market in US
South Korea's SK Telecom Co. said on Tuesday that it will sell a next-generation broadcast platform, utilizing mobile edge compu...
Apr 18, 2023 (Gmt+09:00)
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Memo from Howard MarksLessons from Silicon Valley Bank
This isn’t going to be another history of the meltdown of Silicon Valley Bank. Dozens of those have appeared in my inb...
Apr 18, 2023 (Gmt+09:00)
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Private equityMBK Partners co-founder tops 50 richest S.Koreans: Forbes
Michael ByungJu Kim, co-founder and partner at private equity firm MBK Partners, has topped the ranking of the 50 richest South ...
Apr 18, 2023 (Gmt+09:00)
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Bio & PharmaLotte Biologics to invest additional $48 mn in US plant
South Korea’s Lotte Biologics Co. held a plaque ceremony on Monday to commemorate the acquisition of a pharmaceutical prod...
Apr 18, 2023 (Gmt+09:00)
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Bio & PharmaS.Korea’s KOTRA to aid domestic pharmaceutical firms in Japan entry
The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) announced on Tuesday that it will hold an export cons...
Apr 18, 2023 (Gmt+09:00)
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ESGLG Electronics supports ESG certification for overseas suppliers
LG Electronics Inc. is accelerating its support for enhancing the environmental, social and governance (ESG) capabilities of dom...
Apr 18, 2023 (Gmt+09:00)
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Electric vehiclesSamsung competes with Apple on rising non-terrestrial network market
The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls...
Apr 18, 2023 (Gmt+09:00)
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AutomobilesHyundai launches marketing offensive in China with N brand
Hyundai Motor Co. will launch its high-performance vehicle brand Hyundai N in China in the second half of the year as part of it...
Apr 18, 2023 (Gmt+09:00)
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RegulationsKorea to adopt cornerstone investor system to vitalize IPOs
South Korea is set to introduce a system of cornerstone investors who agree in advance to subscribe to a forthcoming listing wit...
Apr 18, 2023 (Gmt+09:00)
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Culture & TrendsHigh- and low-income S.Koreans alike reluctant to have babies: Survey
South Koreans in low- and high-income brackets alike are unwilling to have children due to either insufficient time or money, fo...
Apr 18, 2023 (Gmt+09:00)
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Banking & FinanceKorean banks’ profits hamstrung by tighter rules, consumer behavior
South Korea’s commercial banks usually post decent earnings driven by high interest income when the country’s policy...
Apr 18, 2023 (Gmt+09:00)
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RetailS.Korean fashion company LF relaunches 1990s-popular line Tipicosi
Tipicosi, a South Korean fashion brand popular in the 1990s, has seen a resurrection thanks to the domestic craze for "newtro," ...
Apr 18, 2023 (Gmt+09:00)
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EntertainmentS.Korea’s character Baby Shark stars with Sesame Street’s Elmo
Baby Shark, the popular children’s character from South Korea’s family entertainment company Pinkfong, and Elmo, the...
Apr 18, 2023 (Gmt+09:00)