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ConstructionTaeyoung to sell cash cow to shore up ailing construction arm
South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics un...
Oct 18, 2023 (Gmt+09:00)
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Korean chipmakersSamsung Electronics gets favorable ruling against Netlist in US
The US appeals court has reversed a California federal judge’s ruling against Samsung Electronics Co. in its legal fight o...
Oct 18, 2023 (Gmt+09:00)
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Food & BeverageCJ launches new vegan dumplings in UK, Australia, Singapore
South Korean food giant CJ CheilJedang Corp. has rolled out new vegan dumplings with tray packages in the UK, Australia, and Sin...
Oct 18, 2023 (Gmt+09:00)
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IPOsTesla supplier L&F's precursor unit begins IPO process
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., has embarked on a process to list its sub...
Oct 18, 2023 (Gmt+09:00)
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Korean chipmakersSK Hynix may block Kioxia-Western Digital merger
South Korean memory chip giant SK Hynix Inc. is rumored to be frowning on the integration of Japan’s Kioxia Holdings Corp....
Oct 18, 2023 (Gmt+09:00)
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Corporate strategyLate Samsung chairman Lee's New Management back in spotlight
As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglom...
Oct 18, 2023 (Gmt+09:00)
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Aerospace & DefenseKAI, Lockheed Martin to team up for large utility helicopter
Korea Aerospace Industries Ltd. (KAI) and the US-based Lockheed Martin Corp. have agreed to collaborate on entering the special ...
Oct 18, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia sign power chip supply, tech tie-up deal with Infineon
South Korea’s top automaker Hyundai Motor Group has formed a strategic partnership with German chipmaker Infineon Technolo...
Oct 18, 2023 (Gmt+09:00)
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Electric vehiclesPOSCO Int’l completes Mexico EV motor core plant for N.American market
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., concluded constru...
Oct 18, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion Healthcare wins Remsima order in France, Italy
South Korea's Celltrion Healthcare Co. announced on Wednesday its autoimmune disease treatment Remsima (ingredient: infliximab) ...
Oct 18, 2023 (Gmt+09:00)
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Bio & PharmaZuellig mulls acquiring S.Korea’s top drug distributor Geo-Young
Asia’s leading drug distributor Zuellig Pharma is considering the acquisition of Geo-Young Corp., the largest medicine who...
Oct 18, 2023 (Gmt+09:00)
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EconomyKorea Inc.’s record short-term borrowing raises specter of debt overhang
South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see ...
Oct 18, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai, Siemens to jointly build smart shipyard
South Korean HD Hyundai Co. and Siemens, a Germany-based global smart engineering company, will jointly develop a data platform ...
Oct 18, 2023 (Gmt+09:00)
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Korean gamesKorean game sector shifts to consoles as mobile market falls
South Korean game developers are rushing to introduce titles for consoles targeting die-hard players amid the shrinking mobile m...
Oct 18, 2023 (Gmt+09:00)
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Tech, Media & TelecomSK Telecom launches cloud cost management platform
South Korea's SK Telecom Co. on Wednesday announced the launch of Cloud Radar 2.0, its next-generation cloud management platform...
Oct 18, 2023 (Gmt+09:00)
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Bio & PharmaHumedix gets gov't OK for trials of dementia candidate drug
South Korea’s Humedix Co., a developer of biological and pharmaceutical products, on Tuesday said it received approval fro...
Oct 18, 2023 (Gmt+09:00)
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Tech, Media & TelecomNaver launches AI-based hotel recommendations service
South Korea’s web portal giant Naver Corp. has launched a beta service for For You, which recommends hotels using artifi...
Oct 18, 2023 (Gmt+09:00)
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SteelPOSCO Group chief: steel desperately needs corporate solidarity
South Korea’s POSCO Group on Tuesday said its Chairman Choi Jeong-woo presided over the regular meeting of the World Ste...
Oct 18, 2023 (Gmt+09:00)
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Food & BeverageNongshim invests $7.4 mn to nurture food tech startups
South Korean food and beverage giant Nongshim Co., unveiled plans on Wednesday to pump 10 billion won ($7.4 million) into ventur...
Oct 18, 2023 (Gmt+09:00)
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Korean startupsAbly's amood to support K-fashion's expansion into Japan
South Korean fashion commerce platform Ably Corp. announced on Wednesday its Japanese shopping platform amood starts a one-stop ...
Oct 18, 2023 (Gmt+09:00)