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Korean chipmakersSamsung 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)
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Mergers & AcquisitionsKDB 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)
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E-commerceQoo10 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)
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Advertising & MarketingNexen 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)
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Corporate strategyHyundai 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)
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ElectronicsSamsung, 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)
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EntertainmentK 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)
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AutomobilesKia 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)
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Corporate strategyLG 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)
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Aerospace & DefenseS.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)
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ESGLG 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)
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E-commerceCJ 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)
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Corporate governanceHanmi 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)
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BatteriesFerrari, 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)
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K-popUniversal 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)
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Bio & PharmaGenesystem 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)