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Bio & PharmaCelltrion founder returns to management with M&A pledge
South Korean biosimilar giant Celltrion Group’s founder Seo Jung-jin has returned to management two years after his depart...
Mar 28, 2023 (Gmt+09:00)
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Korean chipmakersSamsung unveils Exynos Modem 5300 to rival Qualcomm, MediaTek
South Korean tech giant Samsung Electronics Co. has unveiled its latest 5G telecommunications modem, the Exynos Modem 5300, to c...
Mar 28, 2023 (Gmt+09:00)
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Shareholder activismGlass Lewis votes for Tcha Partners' proposal to change Namyang auditor
Global proxy advisory giant Glass, Lewis & Co. has voted for three out of the four proposals made by Seoul-based Tcha Partne...
Mar 28, 2023 (Gmt+09:00)
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BlockchainKorea's Mirae Asset, SK Telecom tie up for security token ecosystem
Mirae Asset Securities Co. and SK Telecom Co., South Korea’s top brokerage house and mobile carrier, are set to join hands...
Mar 28, 2023 (Gmt+09:00)
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Shareholder activismKT&G claims sweeping victory against activist funds
Activist funds such as Singapore-based Flashlight Capital Partners Pet. (FCP) on Tuesday failed to gain approval on almost all o...
Mar 28, 2023 (Gmt+09:00)
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Korean chipmakersSamsung, SK Hynix asked to swallow tough pill over US CHIPS Act
WASHINGTON, D.C. – South Korean chipmakers on Tuesday expressed deep concerns about the detailed guidelines of the U...
Mar 28, 2023 (Gmt+09:00)
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ElectronicsLG Elec launches LG Whisen Tower II air conditioner
LG Electronics Inc. announced on Tuesday the launch of its latest air conditioner, the LG Whisen Tower II. The product boasts a ...
Mar 28, 2023 (Gmt+09:00)
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Korean foodUS set to emerge as top global buyer of Korean kimchi: Daesang
South Korean kimchi exports to the US have soared since the pandemic as local distribution channels expanded and cooking at home...
Mar 28, 2023 (Gmt+09:00)
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LogisticsHanjin launches global C2C purchase platform Hoot Town
Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Ho...
Mar 28, 2023 (Gmt+09:00)
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Bio & PharmaS.Korea's Biorchestra signs tech transfer deal for drug delivery system
Biorchestra Co., a South Korean company specializing in RNA-based therapeutics, announced on Tuesday that it has entered into a ...
Mar 28, 2023 (Gmt+09:00)
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RetailS.Korea's E-Mart24 provides VAT refund service for foreign visitors
E-Mart24 Inc., the convenience store chain unit of Shinsegae Inc. Group, announced on Tuesday that it will resume the value-adde...
Mar 28, 2023 (Gmt+09:00)
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Business & PoliticsSouth Korean beef poised for export to Malaysia by end-April
South Korea's Ministry of Agriculture, Food and Rural Affairs announced on Tuesday the successful conclusion of negotiations wit...
Mar 28, 2023 (Gmt+09:00)
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MachineryHyundai Rotem signs high-speed rail car deal with Korail
Hyundai Rotem Co., a company under the Hyundai Motor Co. Group that specializes in manufacturing rolling stock, defense products...
Mar 28, 2023 (Gmt+09:00)
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Fiber & TextileS.Korean fashion company LF diversifies portfolio with new brand Patou
In a move to expand its range of offerings, South Korean fashion company LF Corp. has introduced a new emerging brand, Patou. As...
Mar 28, 2023 (Gmt+09:00)
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Food & BeverageHome appliance maker Cuchen unveils animated character Zin-z
Cuchen, a South Korean home appliance company, has introduced an original character named "Zin-z" to enhance its brand image. Zi...
Mar 28, 2023 (Gmt+09:00)
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Artificial intelligenceS.Korea's Elice, FuriosaAI to develop training for AI semiconductor talent
South Korea's artificial intelligence (AI) digital education provider Elice on Tuesday said it signed a memorandum of understand...
Mar 28, 2023 (Gmt+09:00)
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Korean chipmakersSamsung, SK seek dialogue with China at Boao Forum
BEIJING – The Boao Forum for Asia (BFA) is expected to serve as a venue for the world’s two largest memory chipmaker...
Mar 28, 2023 (Gmt+09:00)
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Carbon neutralityHyundai Glovis, GS Energy jointly pursue clean hydrogen biz
South Korea's logistics company Hyundai Glovis Co. on Monday said it signed a memorandum of understanding on the clean hydrogen ...
Mar 28, 2023 (Gmt+09:00)
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RetailNHN Commerce chosen as imported goods supplier by China's Douyin
NHN Commerce, South Korea's e-commerce platform, announced on Monday that NHN Accommate, its Chinese subsidiary, has been chosen...
Mar 28, 2023 (Gmt+09:00)
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Aerospace & DefenseHyundai E&C, KAI to develop export-type package for defense industry
South Korea's Hyundai Engineering & Construction (E&C) and Korea Aerospace Industries Ltd. (KAI) will jointly develop an...
Mar 28, 2023 (Gmt+09:00)
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RetailDomestic duty-free sales surpass 1 trillion won in February
Domestic duty-free sales in South Korea increased by 36.7% in February compared to the previous month, due to the resumption of ...
Mar 28, 2023 (Gmt+09:00)
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Capital raisingLG Display borrows $772 million from LG Electronics
South Korea's LG Display Co. on Monday said it borrowed 1 trillion won ($772.1 million) from LG Electronics Inc. to “raise...
Mar 28, 2023 (Gmt+09:00)