Face Generation
Scope
Date
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Tech, Media & Telecom
Korea’s besieged mobile carriers grapple with OTT players’ rate hikes
South Korea’s telecommunications companies, besieged by the onslaught of foreign over-the-top (OTT) players such as Netflix and YouTube, are g...
Dec 27, 2023 (Gmt+09:00)
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Artificial intelligence
HD Hyundai, Google Cloud team up to accelerate generative AI innovation
HD Hyundai Co., South Korea’s shipbuilding-to-heavy machinery conglomerate, said on Tuesday it has teamed up with Google Cloud, the informatio...
Dec 26, 2023 (Gmt+09:00)
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Fashion
The Hyundai Seoul unveils Louis Vuitton store
The Hyundai Seoul, South Korea's largest department store in Yoido, on December 21 opened a Louis Vuitton women's store, marking a significant addit...
Dec 22, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, ASML to build joint research plant in Hwaseong
Samsung Electronics Co. and ASML Holding NV plan to build their joint research plant in Dongtan township in Hwaseong, South Korea, in which the me...
Dec 15, 2023 (Gmt+09:00)
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Corporate strategy
Samsung launches new growth engine control tower at mobile division
Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eX...
Dec 11, 2023 (Gmt+09:00)
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Executive reshuffles
Generational shift in SK leadership with chairman’s cousin on front line
SK Group is setting out for a new era, tapping younger leaders in their 40s and 50s to lead South Korea’s second-largest group in its mission ...
Dec 07, 2023 (Gmt+09:00)
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Executive reshuffles
Lotte Group’s 3rd-generation son comes to the fore
Shin Yoo-yeol, the eldest son of Lotte Group Chairman Shin Dong-Bin, was promoted to lead the group’s new division to be launched within its h...
Dec 06, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI inks deal with SpaceX to launch mid-sized satellites in 2025
Korea Aerospace Industries Ltd. (KAI) announced on Friday that it has signed a deal with the US space firm SpaceX to launch South Korea's next-gener...
Dec 01, 2023 (Gmt+09:00)
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Asset management
Flexibility unlocks opportunities: M&G Investments
As central banks fight with post-COVID inflation, the repricing of global interest rates continues to add to global market volatility across both bo...
Nov 30, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung launches next-generation chip process development unit
Samsung Electronics Co., the world’s largest memory chipmaker, has launched a business unit tasked with developing next-generation chip proces...
Nov 29, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to spur generative AI service for new growth: CEO
LG Uplus Corp., a leading mobile carrier in South Korea, is accelerating its generative artificial intelligence business as a new growth driver amid...
Nov 28, 2023 (Gmt+09:00)
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Automobiles
Car sales may sputter in 2024 amid EV policy risk: Research
The global automobile market is on track to recover to pre-pandemic levels this year and is expected to grow at a moderate pace amid a prolonged eco...
Nov 27, 2023 (Gmt+09:00)
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Carbon neutrality
Hyundai Motor signs Korea’s largest PPA deal to go carbon neutral
South Korea’s top automaker Hyundai Motor Co. said on Thursday it has signed a power purchase agreement (PPA) with Hyundai Engineering & C...
Nov 23, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai builds Aegis destroyer with anti-ballistic missiles
ULSAN, South Korea – At the shipyard of HD Hyundai Heavy Industries Co. on Nov. 20 in Ulsan, South Gyeongsang Province, South Korea's ne...
Nov 22, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience to develop 2nd-generation Ebola vaccine
South Korea's SK Bioscience Co. announced on Wednesday that it signed a business agreement with the international non-profit research organization H...
Nov 22, 2023 (Gmt+09:00)
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Batteries
LG Chem, SNU to jointly develop next-generation material
South Korea's LG Chem Ltd. partnered with Seoul National University (SNU) to develop next-generation material technologies, including pivotal materi...
Nov 17, 2023 (Gmt+09:00)
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Artificial intelligence
Hankook Tire develops AI-based EV customer analysis system
South Korea's Hankook Tire & Technology announced on Thursday that it has developed a voice of the customer (VOC) analysis system for electric v...
Nov 09, 2023 (Gmt+09:00)
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Electronics
LG Display’s OLED panel gets certifications for eye comfort
South Korea’s LG Display Co. announced on Wednesday its third-generation OLED TV panels got a certification from global safety science resea...
Nov 08, 2023 (Gmt+09:00)
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Artificial intelligence
Samsung unveils generative AI Gauss, to be integrated in Galaxy S24
Samsung Electronics Co. on Wednesday unveiled its first generative artificial intelligence model, Samsung Gauss, to compete with the likes of ChatGP...
Nov 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Electronics hosts AI Forum 2023
Samsung Electronics Co. held on Tuesday the Samsung AI Forum 2023 with the theme of "Super AI for a Better Tomorrow" at the Suwon Convention Center ...
Nov 07, 2023 (Gmt+09:00)
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Artificial intelligence
Socar launches car-sharing service with Naver's generative AI
South Korea’s mobility platform operator Socar Inc. has introduced a car-sharing service utilizing generative artificial intelligence in coope...
Nov 03, 2023 (Gmt+09:00)
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Airlines
Asiana’s cargo unit sale faces tough hurdles before KAL merger
The proposed merger of Korean Air Lines Co. (KAL) and Asiana Airlines Inc. has moved one step closer to completion with Asiana’s backing of it...
Nov 03, 2023 (Gmt+09:00)
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Batteries
STX starts exploration drilling at Indonesian nickel mine
South Korea’s general trading company STX Corp. has started works to probe the contents of known ore deposits at an Indonesian nickel mine it ...
Nov 01, 2023 (Gmt+09:00)
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Artificial intelligence
KT unveils B2B generative AI service Mi:dm
South Korean telecom giant KT Corp. on Tuesday unveiled Mi:dm, a generative artificial intelligence (AI) service for corporate clients, at its Seoul...
Oct 31, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S to pursue cross-border CCS with Australia’s Santos
SK E&S, the clean energy affiliate of South Korea’s No. 2 conglomerate SK Group, has signed a deal on cross-border carbon capture and st...
Oct 31, 2023 (Gmt+09:00)
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Steel
South Korean steelmakers face longer winter
South Korean steelmakers, including the world’s sixth-largest steelmaker POSCO, are facing a longer-than-expected winter in steel demand as th...
Oct 29, 2023 (Gmt+09:00)
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Earnings
Kia’s Q3 profit soars; groupwide design centers revamped
Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...
Oct 27, 2023 (Gmt+09:00)
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Artificial intelligence
Nvidia invests in Korean generative AI startup Twelve Labs
Nvidia Corp., a global chip designer, made its first investment in a South Korean generative artificial intelligence startup as Big Tech companies G...
Oct 24, 2023 (Gmt+09:00)
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Artificial intelligence
LG CNS starts corporate knowledge management service
South Korean information and communications technology service provider LG CNS has launched a service for finding useful knowledge and data within a...
Oct 24, 2023 (Gmt+09:00)
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Batteries
Tesla supplier L&F to ink $15 bn materials deal in Europe
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., is set to sell products in Europe through an estimated $15 bi...
Oct 23, 2023 (Gmt+09:00)
Latest News
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