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Artificial intelligenceKakao halts its own AI chatbot beta service a day after release
Kakao Corp., South Korea’s platform giant operating the country’s No. 1 chat app KakaoTalk, has introduced its fir...
Mar 20, 2023 (Gmt+09:00)
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Korean startupsSamsung Electronics’ new C-Lab Outside center opens in Gwangju
Samsung Electronics Co. on Monday opened its second regional C-Lab Outside center in Gwangju about a month after opening the fir...
Mar 20, 2023 (Gmt+09:00)
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Corporate governanceHyundai Motor, Lotte chairs rank as S.Korea’s highest-paid heads
Hyundai Motor Group Chairman Chung Euisun was ranked as South Korea’s highest-paid business owner in 2022 thanks to the gr...
Mar 20, 2023 (Gmt+09:00)
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IPOsS.Korean biotech GI Innovation's IPO draws tepid market interest
South Korean biotech GI Innovation Inc. is slated to debut on the local public market at less than half of its pre-IPO investmen...
Mar 20, 2023 (Gmt+09:00)
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Aerospace & DefenseStartup Innospace launches Korea’s first private projectile
South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first priv...
Mar 20, 2023 (Gmt+09:00)
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Future mobilityBespin Global to work with GBike for smart mobility business in Vietnam
Bespin Global, a cloud delivery platform company based in South Korea, announced on Thursday that it had partnered with GBike, a...
Mar 20, 2023 (Gmt+09:00)
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ElectronicsSamsung Electro-Mechanics releases 200-megapixel camera module
South Korea's Samsung Electro-Mechanics on Monday announced its release of a smartphone camera module with 200 megapixels and do...
Mar 20, 2023 (Gmt+09:00)
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BatteriesHanwha Solutions secures 9.7% stake in US battery materials company
Hanwha Solutions Corp., a South Korean company focused on energy services, petrochemicals and real estate development, recently ...
Mar 20, 2023 (Gmt+09:00)
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LogisticsLotte Global Logistics establishes resource recycling platform in Korea
South Korea's Lotte Global Logistics has established a resource recycling platform across ten logistics centers. The company has...
Mar 20, 2023 (Gmt+09:00)
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Bio & PharmaLunit's Insight DBT gets certification from EU for medical device
South Korean medical AI company Lunit said on Monday that its 3D breast tomosynthesis artificial intelligence (AI) image analysi...
Mar 20, 2023 (Gmt+09:00)
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Waste managementToray Advanced Materials acquires S.Korea's water treatment company
Toray Advanced Materials Korea Inc. announced on Monday the acquisition of Hanmee Entec Co., Ltd., the industry's longest-runnin...
Mar 20, 2023 (Gmt+09:00)
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Shipping & ShipbuildingSamsung Heavy partners with Kongsberg Maritime for autonomous ships
Samsung Heavy Industries, one of the world’s largest shipbuilders, has signed a joint development agreement with Kongsberg...
Mar 20, 2023 (Gmt+09:00)
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Tech, Media & TelecomGalaxy S23 Ultra beats iPhone in European reviews
Samsung Electronics Co.'s latest flagship smartphone, the Galaxy S23 Ultra, has earned outstanding reviews from consumer groups ...
Mar 20, 2023 (Gmt+09:00)
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AutomobilesHyundai Mobis develops in-wheel electric motor
Hyundai Mobis, South Korea's largest auto parts manufacturer, announced on Sunday that it developed an "in-wheel system" that pl...
Mar 20, 2023 (Gmt+09:00)
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Korean chipmakersSamsung's foundry sales nearly match DRAM revenue
Contract chipmaking sales at Samsung Electronics Co. nearly matched its DRAM chip revenue in the final quarter of last year, nar...
Mar 20, 2023 (Gmt+09:00)
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Carbon neutralityHyundai Motor opens Habitat One exhibition in Seoul
Hyundai Motor Co. announced on Sunday that it will host a "Habitat One" exhibition at Hyundai Motor Studio Seoul in Gangnam, Seo...
Mar 20, 2023 (Gmt+09:00)
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RoboticsSamsung gets $191 million profit valuation from investment in Rainbow Robotics
Samsung Electronics Co. is found to have earned 250 billion won ($191 million) in profit valuation from its investment made two ...
Mar 20, 2023 (Gmt+09:00)
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Corporate restructuringHD Hyundai to rename subsidiaries to boost brand identity
HD Hyundai Co., a South Korean conglomerate that operates in shipbuilding, construction equipment, oil refining and other sector...
Mar 20, 2023 (Gmt+09:00)
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Shareholder activismTwo global shareholder voting advisors oppose activist funds in S. Korea
Institutional Shareholder Services (ISS) and Glass Lewis, the world's two biggest advisory bodies for shareholder voting rights,...
Mar 20, 2023 (Gmt+09:00)
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MarketsKorean ETP market doubles amid increasing distrust of fund managers
South Korea’s exchange-traded product (ETP) market has doubled in four years as more investors preferred their own trades ...
Mar 20, 2023 (Gmt+09:00)
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Corporate strategyDoosan Group chief checks farm-construction equipment affiliate's strategy in US
South Korea’s Doosan Group on Sunday said its chairman Park Jeong-won visited the construction trade show ConExpo-Con-Agg ...
Mar 20, 2023 (Gmt+09:00)