Companies
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Business & Politics
China exodus to elevate Korea to Asia hub: AmCham chief
South Korea has outstripped Hong Kong and Shanghai as a preferred Asia-Pacific headquarter destination for global companies following Singapore as ge...
36 MINUTES AGO
3 Min read -
Automobiles
Renault to invest $523 mn to build green car hub in Korea
Renault Korea Motors Co., grappling with a protracted slump without new cars, plans to invest more than 700 billion won ($523 million) by 2027 to tra...
2 HOURS AGO
3 Min read -
Airlines
Korea’s Incheon Airport Corp. signs $3 billion deal to run Manila airport
South Korea's state-run Incheon International Airport Corp. (IIAC) has signed a $3 billion deal to operate the Manila Ninoy Aquino International Airp...
4 HOURS AGO
2 Min read -
Automobiles
IL Science enters UK silicon lens market
South Korea's IL Science Co. said on Monday that it signed a contract with the US-based automotive electronics company Polymer Optics to supply an in...
4 HOURS AGO
1 Min read -
Energy
Hyundai E&C wins $132 mn biogas facility project
Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Monday that it was selected as the preferred bidder for a private investme...
4 HOURS AGO
1 Min read -
Bio & Pharma
Reversing age possible in a decade: Harvard Prof. David Sinclair
Humans will be able to control biological age and reverse their age in 10 years with advancements in medical science and live up to around 120, about...
18 HOURS AGO
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Bio & Pharma
Celltrion'a autoimmune disease drug Zymfentra makes US debut
South Korean biopharmaceutical giant Celltrion Inc. said on March 17 that it has launched its new autoimmune disease treatment Zymfentra in the US ma...
19 HOURS AGO
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Commodities
Korea struggles with surging copper scrap exports to China
South Korea’s nonferrous metal industry is scrambling for the procurement of copper scrap as China, the world’s top copper consumer, has ...
21 HOURS AGO
5 Min read -
Electronics
Samsung tops global soundbar market for 10th consecutive year
Samsung Electronics Co. has held its ground as the leader in the global soundbar market for ten consecutive years, from 2014 through 2023, according ...
22 HOURS AGO
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Korea business lobby group eyes tax reform in new parliament
The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inherit...
22 HOURS AGO
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Corporate restructuring
LG Chem reshuffles R&D unit to turn into EV materials maker
LG Chem Ltd., South Korea’s largest petrochemical company, is strengthening its research & development capabilities as it aims to transform...
22 HOURS AGO
2 Min read -
Artificial intelligence
Upstage establishes US subsidiary in Silicon Valley
South Korea's artificial intelligence (AI) startup Upstage announced on Monday that it established the US corporation Upstage AI in Silicon Valley, C...
23 HOURS AGO
1 Min read -
Banking & Finance
BNK Capital raises $41.5 mn in foreign currency
South Korea’s BNK Capital announced on Monday that it raised $41.5 million in foreign currency funds from overseas state-owned banks.This is t...
24 HOURS AGO
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Regulations
Samsung faces dubious suit every 5 days from US patent trolls
South Korean tech giant Samsung Electronics Co. is battling an increasing number of patent infringement litigation cases from US patent trolls, the m...
Mar 18, 2024 (Gmt+09:00)
4 Min read -
Retail
Hyundai Dept. Store virtual idol pop-ups attract 100,000
South Korea's Hyundai Department Store Co. said on Monday that its pop-up stores of the three virtual idol groups at The Hyundai Seoul attracted over...
Mar 18, 2024 (Gmt+09:00)
1 Min read -
Energy
GAS Entec wins order for Indonesian offshore plant
South Korea’s GAS Entec Co., the offshore plant design and modification form, has secured a contract to construct and operate a liquified natur...
Mar 18, 2024 (Gmt+09:00)
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Electric vehicles
EverCharge to install EV chargers at Oracle Park
South Korea’s SK E&S Co. announced on Sunday that its US-based electric vehicle (EV) charging subsidiary EverCharge Inc. will install hundr...
Mar 18, 2024 (Gmt+09:00)
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Electronics
Samsung Elec triples new TV preorders powered by AI
Samsung Electronics Co., the world’s top TV manufacturer, said on Sunday it is enjoying strong demand for new TVs, especially premium ultra-lar...
Mar 18, 2024 (Gmt+09:00)
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Automobiles
S.Korea’s Kumho Tire to invest $751 mn to build plant in Europe
Kumho Tire Co., South Korea’s No. 2 tire maker, plans to invest more than 1 trillion won ($750.8 million) by 2027 to build its first plant in E...
Mar 17, 2024 (Gmt+09:00)
3 Min read -
Artificial intelligence
LG Elec expands workforce to enhance AI cyber security
LG Electronics Inc., the leading global home appliance maker, is actively increasing its workforce to improve artificial intelligence cyber security ...
Mar 17, 2024 (Gmt+09:00)
2 Min read -
Electric vehicles
Kia’s volume model EV3 to spearhead its electrification push: CEO
Kia Corp., South Korea’s second-largest automaker, said on Friday its upcoming volume electric model EV3 will spearhead the company’s ele...
Mar 15, 2024 (Gmt+09:00)
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Batteries
SK On in talks with Nissan to supply batteries in US
South Korean rechargeable battery maker SK On Co. is in talks with Nissan Motor Co. to jointly produce battery cells for the Japanese carmaker in the...
Mar 15, 2024 (Gmt+09:00)
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Waste management
Korea Zinc, LG Chem team up for US recycling business
Korea Zinc Inc., the leading global zinc and lead smelter, and LG Chem Ltd., South Korea’s top petrochemical producer, joined hands for the pla...
Mar 15, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to receive over $6 bn in US chip subsidies, eyes extra investment
South Korean tech giant Samsung Electronics Co. is expected to receive more than $6 billion in US chip subsidies as the Joe Biden administration is w...
Mar 15, 2024 (Gmt+09:00)
4 Min read -
Banking & Finance
Shinhan Bank, Indodana co-work on digital finance
Shinhan Bank announced on Friday that its Indonesian subsidiary Shinhan Bank Indonesia signed a strategic business agreement with PT Artha Dana Tekno...
Mar 15, 2024 (Gmt+09:00)
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Automobiles
Hankook Tire-sponsored Formula E São Paulo Round 4 to be held
The 2024 São Paulo E-PRIX, the fourth round of the 10th season of the ABB FIA Formula E World Championship, the world's premier electric vehic...
Mar 15, 2024 (Gmt+09:00)
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Airlines
T'way Air launches new route to Beijing Daxing
T'way Air Co. announced on Friday that it will operate a new route between Incheon Airport and Beijing Daxing Airport from Mar. 25 to 30. T'way Air w...
Mar 15, 2024 (Gmt+09:00)
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Economy
Private education spending in S.Korea hits new record high
South Koreans’ spending on private education hit a new record high of 27.1 trillion won ($20 billion) in 2023, as the government’s announ...
Mar 15, 2024 (Gmt+09:00)
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Electronics
Samsung Display surrenders foldable screen throne to BOE
Chinese smartphone manufacturers’ aggressive push for foldable models has threatened the dominance of Samsung Electronics Co., the world’...
Mar 15, 2024 (Gmt+09:00)
2 Min read
Hidden Champions
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T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
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Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
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Koh Young Technology Inc
Published: Sep 21, 2020
Last updated: Jan 20, 2023
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DCM
Published: Dec 09, 2022
Last updated: Jan 30, 2023
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Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
Future Unicorns
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