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  • Korean chipmakers
    Samsung set to triple HBM output in 2024 to lead AI chip era

    SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, will likely triple its high bandwidt...

    Mar 27, 2024 (Gmt+09:00)

  • Mergers & Acquisitions
    KDB halts KDB Life sale process to take full control

    The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full cont...

    Mar 27, 2024 (Gmt+09:00)

  • E-commerce
    Qoo10 buys Korean department store AK’s e-commerce unit

    Southeast Asia-based e-commerce platform Qoo10 Pte. has signed an agreement to acquire South Korean department store chain AK Pl...

    Mar 27, 2024 (Gmt+09:00)

  • Advertising & Marketing
    Nexen Tire partners with San Diego Padres

    South Korea's Nexen Tire Corp. announced on Wednesday that it partnered with US Major League Baseball (MLB) team San Diego Padre...

    Mar 27, 2024 (Gmt+09:00)

  • Corporate strategy
    Hyundai Motor aims for next takeoff with $51 billion investment

    Hyundai Motor Group plans to spend 68 trillion won ($51 billion) and hire 80,000 new employees over three years as South Korea&r...

    Mar 27, 2024 (Gmt+09:00)

  • Electronics
    Samsung, Henckels co-develop AI Combo detergent course

    Samsung Electronics Co. announced on Wednesday that it partnered with the global household and industrial goods company Henckels...

    Mar 27, 2024 (Gmt+09:00)

  • Entertainment
    K Enter moves step closer to Nasdaq listing in May

    K Enter Holdings Inc., an umbrella entity of South Korea-based entertainment companies creating original entertainment content a...

    Mar 27, 2024 (Gmt+09:00)

  • Automobiles
    Kia wins World's Greatest Auto Disruptors 2024

    Kia Corp. won two categories of the Newsweek World’s Greatest Auto Disruptors Awards with the all-electric EV9 winning Res...

    Mar 27, 2024 (Gmt+09:00)

  • Corporate strategy
    LG Group earmarks $74 bn for 5-year investment in Korea

    LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through...

    Mar 27, 2024 (Gmt+09:00)

  • Aerospace & Defense
    S.Korea’s Doosan Enerbility to develop aircraft engines

    South Korea’s major power plant builder Doosan Enerbility Co. plans to develop aircraft engines based on its turbine techn...

    Mar 27, 2024 (Gmt+09:00)

  • ESG
    LG Electronics named Energy Star Partner of 2024

    LG Electronics Inc. has been named 2024 Energy Star Partner of the Year and Sustained Excellence by the US Environmental Prote...

    Mar 27, 2024 (Gmt+09:00)

  • E-commerce
    CJ Onstyle boosts live commerce unit

    South Korea's CJ OnStyle announced on Wednesday that it broadened its mobile live commerce division by introducing programming...

    Mar 27, 2024 (Gmt+09:00)

  • Corporate governance
    Hanmi Science-OCI merger may gain traction with NPS' support

    The merger of South Korea’s pharmaceutical holding firm Hanmi Science Co. and chemicals giant OCI Holdings Co. is likely t...

    Mar 27, 2024 (Gmt+09:00)

  • Batteries
    Ferrari, SK On team up to innovate battery technology

    Ferrari S.p.A. joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell ...

    Mar 27, 2024 (Gmt+09:00)

  • K-pop
    Universal Music acquires 10-year distribution rights to HYBE music

    The world’s largest music company Universal Music Group (UMG) has struck an exclusive deal to distribute music from HYBE C...

    Mar 27, 2024 (Gmt+09:00)

  • Bio & Pharma
    Genesystem enters Indian tuberculosis treatment market

    Genesystem, a South Korean biotech company said on Tuesday that it will export 20 on-site tuberculosis (TB) diagnostic devices a...

    Mar 27, 2024 (Gmt+09:00)