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Korean chipmakersSamsung nears 3-nano chip mass production ahead of TSMC
Samsung Electronics Co. is close to mass producing 3-nanometer chips based on a next-generation ultramicro fabrication process a...
Jun 28, 2022 (Gmt+09:00)
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AutomobilesHyundai Mobis sees global carmakers’ orders up 50%
Hyundai Mobis Co., South Korea’s largest auto parts producer, expected orders from global carmakers excluding Hyundai Moto...
Jun 28, 2022 (Gmt+09:00)
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Pension fundsMilitary fund to raise payouts with interest rate increases
South Korea’s Military Mutual Aid Association (MMAA) has decided to raise the interest rates of the members’ savings...
Jun 28, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKG, Cactus PE, Pavilion PE named new owners of Ssangyong Motor
A consortium led by the chemicals-to-steel conglomerate KG Group has been named the new owner of South Korea’s troubled sp...
Jun 28, 2022 (Gmt+09:00)
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RetailShilla Duty Free targets Chinese shoppers with Alibaba
The Shilla Duty Free Shop, the world’s No. 3 duty-free chain, has joined hands with a Chinese e-commerce giant to attract ...
Jun 28, 2022 (Gmt+09:00)
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Beauty & CosmeticsKorean beauty brands rush for vegan certification
As more consumers seek out eco-friendly products, a growing number of South Korean cosmetics brands are in a hurry to be certifi...
Jun 28, 2022 (Gmt+09:00)
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Future mobilitySK Telecom expands system for self-driving in Seoul
SK Telecom Co., South Korea’s top mobile carrier, has expanded the area covered by the traffic control system for self-dri...
Jun 28, 2022 (Gmt+09:00)
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Artificial intelligenceSouth Korea to invest $794 million in AI chips, nurture 7,000 experts
The South Korean government has decided to invest 1.02 trillion won ($794 million) in the artificial intelligence semiconductor ...
Jun 28, 2022 (Gmt+09:00)