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Shipping & ShipbuildingKorean shipbuilders outpace Chinese in LNG carrier orders
South Korea’s three biggest shipbuilders lost their world’s No. 1 title in ship orders for the second consecutive ye...
Dec 29, 2022 (Gmt+09:00)
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Pension fundsNPS opposes KT CEO Ku's possible second term
South Korea's National Pension Service (NPS) has expressed disagreement with telecom giant KT Corp.'s decision on Dec. 28 to tap...
Dec 29, 2022 (Gmt+09:00)
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EnergyHyundai Electric to switch to 100% renewable energy by 2040
Hyundai Electric, a power equipment and energy solution affiliate of HD Hyundai, said on Thursday it would convert 100% of the e...
Dec 29, 2022 (Gmt+09:00)
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Chemical IndustryKCC ramps up glass wool production capacity
KCC Corp., a global applied materials chemical company, is accelerating its foray into the inorganic insulation material-based g...
Dec 29, 2022 (Gmt+09:00)
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Electric vehiclesLS Cable abandons round wire to focus on higher-value EV wire
LS Cable & System Ltd. has decided to give up the round wire business to concentrate on higher-value-added products used in ...
Dec 29, 2022 (Gmt+09:00)
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Aerospace & DefenseLIG Nex1 signs contract for next-gen military radio system
LIG Nex1 Co. said on Thursday it has signed a contract worth 80 billion won ($63.1 million) with the Defense Acquisition Program...
Dec 29, 2022 (Gmt+09:00)
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Tech, Media & TelecomHanwha Techwin showcases smart parking solution
Hanwha Techwin, a South Korean company specializing in video surveillance solutions, said on Thursday that it held a showcase ev...
Dec 29, 2022 (Gmt+09:00)
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Mergers & AcquisitionsMBK signs $2 bn deal to acquire 3D dental scanner firm Medit
Asia-focused private equity firm MBK Partners is acquiring Medit Corp., the world’s third-largest 3D dental scanner maker,...
Dec 29, 2022 (Gmt+09:00)
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Chemical IndustrySolvay named preferred bidder to buy Solus Biotech
Belgian chemicals maker Solvay S.A. has been selected as the preferred bidder to acquire South Korean biomaterials maker Solus B...
Dec 29, 2022 (Gmt+09:00)
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ESGPOSCO Gwangyang Works obtains green data center certificiation
POSCO Gwangyang Works, one of the two pillar steel mills of POSCO Holdings Inc. together with Pohang Works, obtained a Green Dat...
Dec 29, 2022 (Gmt+09:00)
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Aerospace & DefenseKAI, KARI collaborate in developing Korean UAM
Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI pe...
Dec 29, 2022 (Gmt+09:00)
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Korean startupsNursing caregiver matching startup Bosalpim succeeds in pre-series A funding
South Korea's senior citizen care service startup Bosalpim said on Wednesday that it has raised an undisclosed amount of pre-ser...
Dec 29, 2022 (Gmt+09:00)
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ESGHyundai Wia gets silver medal from EcoVadis
Hyundai Wia Corp. has been awarded a silver medal from EcoVadis in recognition of its continuing effort toward its sustain...
Dec 29, 2022 (Gmt+09:00)
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Chemical IndustryDoosan Corp. starts building flexible copper-clad layer plant
South Korea's Doosan Corp. is expanding its production line for flexible cooper-clad layers (FCCL) to boost competitiveness in e...
Dec 29, 2022 (Gmt+09:00)
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Cloud computingKFTC acts on Amazon's large share of S.Korea's cloud market
Amazon controls around 70% of South Korea's cloud market, followed by Microsoft in second and Google and Naver Corp. fighting fo...
Dec 29, 2022 (Gmt+09:00)
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Bio & PharmaS.Korea's Medicox boosts unit for oral insulin, medical cannabis
South Korea's Medicox Co. on Wednesday said it will raise 40 billion won ($32 million) to boost its unit for oral insulin and ca...
Dec 29, 2022 (Gmt+09:00)
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Korean startupsSamsung to unveil C-Lab startups, projects at CES 2023
Samsung Electronics Co. will showcase four projects and eight startups developed through its venture program C-Lab at CES 2023, ...
Dec 29, 2022 (Gmt+09:00)
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Korean startupsNaver D2SF makes follow-up investment in fashion startup Onthelook
Naver D2SF, Naver Corp.'s startup investment arm, made a follow-up investment in fashion content startup Onthelook.The company s...
Dec 29, 2022 (Gmt+09:00)
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Food & BeverageKorean food unappealing on lack of promotions: study
Despite the global popularity of Korean food, a poll says the cuisine has a long way to go in seeing development as a business s...
Dec 29, 2022 (Gmt+09:00)