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EarningsHyundai vows $8.5 billion investment after record 2022 sales, profit
South Korea’s top automaker Hyundai Motor Co. said on Thursday it will spend 10.5 trillion won ($8.5 billion) this year to...
Jan 26, 2023 (Gmt+09:00)
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BatteriesPOSCO gets nod for battery technology transfer to overseas plants
POSCO Chemical Co., a unit of South Korean steelmaker POSCO Holdings Co., on Thursday won government approval to transfer techno...
Jan 26, 2023 (Gmt+09:00)
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Tech, Media & TelecomKT signs mineral resource supply deal with Mongolia
South Korea’s telecom giant KT Corp. said on Thursday it has signed a mineral resources supply deal with the Mongolian gov...
Jan 26, 2023 (Gmt+09:00)
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RoboticsSK Telecom, Doosan Robotics launch AI-powered barista
South Korea's top mobile carrier SK Telecom Co. and Doosan Robotics Inc. have jointly launched an artificial intelligence-powere...
Jan 26, 2023 (Gmt+09:00)
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ElectronicsSamsung launches 2023 wind-free air conditioner
South Korea's electronics giant Samsung Electronics Co. has released a lineup of new air conditioners that consume less energy.A...
Jan 26, 2023 (Gmt+09:00)
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Bio & PharmaDongKoo Bio signs MOU to move into SE Asian healthcare market
DongKoo Bio & Pharma Co. has built a bridgehead for expansion toward the world, including Southeast Asia by joining hands wi...
Jan 26, 2023 (Gmt+09:00)
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EconomySouth Korea’s economic contraction deepens recession woes
South Korea suffered its first economic contraction in two and half years due to sluggish exports and weak domestic demand durin...
Jan 26, 2023 (Gmt+09:00)
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Culture & Trends'Extraordinary Attorney Woo' maker to create webtoon-based K-drama series
KT Skylife Co., a broadcasting unit within South Korean telecom behemoth KT Corp., is slated to boost its investment in intellec...
Jan 26, 2023 (Gmt+09:00)
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MachineryHanwha Precision Machinery participates in IPCA PEX 2023
Hanwha Precision Machinery, a manufacturing solution affiliate of South Korea's Hanwha Group, participated in the IPC APEX EXPO ...
Jan 26, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion Healthcare launches anti-cancer biosimilar Vegzelma in Japan
Celltrion Healthcare Co. Ltd. said on Thursday that it launched Vegzelma, a biosimilar to the anti-cancer drug Avastin (active i...
Jan 26, 2023 (Gmt+09:00)
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ElectronicsLG Elec targets indoor golf market with its ProBeam projector
LG Electronics Inc. is targeting the overseas indoor golf market with its premium commercial projector LG ProBeam.The company sa...
Jan 26, 2023 (Gmt+09:00)
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EnergySamkang M&T to supply offshore wind power substructure to Japan's NSE
Samkang M&T, a subsidiary of SK Ecoplant Co., has signed a contract to supply jacket foundations for offshore wind generator...
Jan 26, 2023 (Gmt+09:00)
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EnergyHanwha Solutions, Microsoft sign solar energy partnership in US
Hanwha Solutions Corp., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Thursday it h...
Jan 26, 2023 (Gmt+09:00)
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EconomyS.Korea's BSI hits 30-month low amid poor business sentiment
The economic outlook by companies is worsening given lingering global uncertainty, with the business outlook for February at its...
Jan 26, 2023 (Gmt+09:00)
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Cloud computingNHN Cloud joins ranks of unicorns with $120 mn funding
NHN Cloud Co., a computer clouding service provider, has raised 150 billion won ($120 million) from South Korea-based IMM Invest...
Jan 26, 2023 (Gmt+09:00)
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Bio & PharmaHK inno.N to introduce biosimilars for bone disease treatment from Spain
South Korea's biohealth company HK inno.N said on Wednesday that it has signed an agreement with Spanish pharmaceutical company ...
Jan 26, 2023 (Gmt+09:00)
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AirlinesAir Busan to offer 4 daily flights on Busan-Osaka route
Starting Feb. 1, South Korea's budget carrier Air Busan Co. will add a daily flight to its route linking the nation's biggest po...
Jan 26, 2023 (Gmt+09:00)
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Bio & PharmaDaewoong Pharma's botulinum toxin Nabota wins approval from Australia
Daewoong Pharmaceutical said on Wednesday that its botulinum toxin formulation Nabota (overseas brand name: Nuceiva) won approva...
Jan 26, 2023 (Gmt+09:00)
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ElectronicsDoosan participates in Asia's largest electronics exhibition
South Korea's Doosan Corp. is participating in Nepcon Japan 2023 held at Tokyo Big Site, Japan, from Jan. 25 through 27 to showc...
Jan 26, 2023 (Gmt+09:00)
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Bio & PharmaHancom Carelink invests in bio big data venture 3bigs
South Korea's Hancom Carelink, a digital health care company under Hancom Group, on Wednesday said it bought an unspecified stak...
Jan 26, 2023 (Gmt+09:00)
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EnergyKT Submarine to buy cable laying barge from key shareholder
South Korea’s undersea cable company KT Submarine Co. plans to buy a cable laying barge from LS Cable & System Ltd., i...
Jan 26, 2023 (Gmt+09:00)
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Chief ExecutivesSamsung Biologics CEO focuses on global business
John Rim, chief executive of Samsung BioLogics will directly lead his company's global sales operations for biopharmaceuticals t...
Jan 26, 2023 (Gmt+09:00)
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Korean chipmakersSamsung earns ISO 22301 certification for business continuity
Samsung Electronics Co.'s device solutions division has achieved ISO 22301 certification, the international business continuity ...
Jan 26, 2023 (Gmt+09:00)
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Bio & PharmaInventage Lab launches clinical trials for addiction treatment in Australia
South Korea's Inventage Lab, a developer of a drug delivery system platform, on Wednesday said it received approval from the Hum...
Jan 26, 2023 (Gmt+09:00)