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Advertising & Marketing
HS Ad unveils LG Uplus ad created by 100% AI
South Korea's HS Ad Inc., an advertising agency affiliated with LG Group, announced on Monday that it launched LG Uplus Corp. 's brand advertising...
May 27, 2024 (Gmt+09:00)
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K-pop
NewJeans' Ditto hits 600 mn streams on Spotify
Ditto by K-pop girl group NewJeans has surpassed 600 million streams on Spotify.Spotify, the world's largest music streaming platform, announced on ...
May 17, 2024 (Gmt+09:00)
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Business & Politics
Biden exempts graphite from EV mineral sourcing rule in win for Korea
WASHINGTON, D.C. – The US government has given automakers additional flexibility on battery mineral requirements, allowing electric vehicles w...
May 05, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem to supply switchable glass films to Webasto
LG Chem Ltd. is venturing into the automotive smart glass film market as it has won an order to supply its switchable glazing films to German auto p...
Apr 29, 2024 (Gmt+09:00)
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K-pop
HYBE conflict vs NewJeans label set to escalate into legal battle
HYBE Co., the company behind boy band BTS, has reported Min Hee-jin, the chief of popular girl group NewJeans’ label ADOR, to police for inves...
Apr 26, 2024 (Gmt+09:00)
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Corporate strategy
SK Innovation to adjust business portfolios for long-term growth
SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth while not planning to sl...
Apr 17, 2024 (Gmt+09:00)
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Energy
Growing controversy over call to share profits for using wind energy
Renewable energy companies in South Korea are facing growing pressure to share their profits from wind or solar energy electricity generation, stirr...
Apr 16, 2024 (Gmt+09:00)
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Corporate strategy
SK Innovation reshuffles units to raise value
SK Innovation Co., South Korea’s top energy company, is reorganizing its subsidiaries to boost their individual values through independent man...
Apr 11, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung Galaxy AI expands to 16 languages
Samsung Electronics Co. announced on Thursday that it is expanding the translation and communication language support of Galaxy AI, first introduced...
Apr 11, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s LG telecom unit unveils AI agent with own technology
LG Uplus Corp., South Korea’s No. 3 mobile carrier, has introduced an artificial intelligence agent platform based on its own ixi AI technolog...
Apr 08, 2024 (Gmt+09:00)
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Corporate governance
JB investors urged to oppose Align's call for board overhaul
Global proxy advisors International Shareholder Services Inc. (ISS) and Glass Lewis & Co. have expressed their opinion that there is no need for...
Mar 25, 2024 (Gmt+09:00)
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Private equity
Tmax Group to draw more than $572 mn to buy back Tmaxsoft
South Korea's leading software company Tmax Group is set to draw at least 750 billion won ($572.3 million) and a maximum of 1 trillion won from Seou...
Mar 12, 2024 (Gmt+09:00)
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Artificial intelligence
LG Uplus unveils AI Callbot at Cuckoo call center
South Korea’s LG Uplus Corp. announced on Tuesday that it will introduce the smart customer support solution artificial intelligence (AI) Call...
Mar 12, 2024 (Gmt+09:00)
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Chemical Industry
Kolon Industries, SK Microworks to set up industrial film JV
South Korea’s major chemical materials producer Kolon Industries Inc. will team up with SK Microworks Co. to regain ground in the Chinese film...
Feb 28, 2024 (Gmt+09:00)
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Corporate investment
Warren Buffett’s IMC to invest $98 million in Daegu for chip materials plant
DAEGU – The IMC Group, owned by Warrant Buffett’s Berkshire Hathaway Inc., will invest 130 billion won ($98 million) to build a semicond...
Feb 07, 2024 (Gmt+09:00)
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Business & Politics
Govenment calls end to Korean financial group heads' long-serving posts
South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...
Jan 29, 2024 (Gmt+09:00)
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North Korea
North Korea’s missiles tested on the battlefields of Ukraine
SEOUL—One of the world’s biggest illicit-arms suppliers just got a major advertisement.In recent weeks, Russian forces have fired...
Jan 23, 2024 (Gmt+09:00)
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Webtoons
Piccoma sees record transaction value in Japan on K-webtoons
Piccoma, a Japanese digital comics app, enjoyed its largest-ever transaction value last year in the home of manga, thanks to the growing popularity ...
Jan 22, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
SK Telecom considers adding LLM to iPhone recording app
LAS VEGAS -- SK Telecom Co. is considering adding a large language model (LLM) to its iPhone call-recording app for the first time in the industry, ...
Jan 12, 2024 (Gmt+09:00)
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Airlines
Virtual humans debut on Korean Air’s in-flight video
Korean Air Lines Co. released on Thursday a new in-flight safety video featuring a virtual human dressed as a flight attendant. This is the first ti...
Jan 04, 2024 (Gmt+09:00)
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Business & Politics
South Korea set to abolish financial investment gains tax: Yoon
South Korea plans to abolish capital gains taxes on financial investments to revitalize the lackluster domestic financial market and help individual...
Jan 02, 2024 (Gmt+09:00)
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Tech, Media & Telecom
KT opens Foreigner Center for non-English speakers
South Korea’s KT Corp. announced on Tuesday that it opened the KT Foreigner Center for non-English speakers in Won-gok-dong, Ansan, Gyeonggi...
Dec 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai to sell Russian car plants at about $100 for exit
Hyundai Motor Co., South Korea’s top carmaker, has decided to sell its plants in Russia for only about $100 to a local company although it has...
Dec 19, 2023 (Gmt+09:00)
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Korean innovators at CES 2024
LG, Saint-Gobain Sekurit to unveil transparent antennas at CES 2024
LG Electronics Inc., the leading global home appliance maker, is set to showcase its transparent antennas for vehicles developed with French glass m...
Dec 18, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai's Kona included on French EV subsidy eligibility list
Hyundai Motor Co.'s sports utility vehicle Kona is the only Korean EV included on a list of 78 electric vehicle models eligible for French subsidies...
Dec 15, 2023 (Gmt+09:00)
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Corporate restructuring
Kolon Industries to downsize industrial film business amid weak demand
Kolon Industries Inc., a South Korean chemical and textile manufacturer, is downsizing its industrial film business amid weak demand and growing com...
Dec 15, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom launches AI-based phone interpreting service
South Korea’s top mobile carrier SK Telecom Co. has launched an artificial intelligence-based telephone interpreting service in real-time for ...
Dec 14, 2023 (Gmt+09:00)
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Executive reshuffles
SK Chair Chey calls on cousin for help in group management
SK Group Chairman Chey Tae-won has called on his cousin to help in the management of South Korea’s No. 2 conglomerate as it faces the challeng...
Dec 05, 2023 (Gmt+09:00)
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Central bank
BOK chief says rates need to stay high for over 6 months
South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...
Nov 30, 2023 (Gmt+09:00)
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Corporate strategy
Shinsegae head calls for drastic systems-centered reform
Shinsegae Group Vice Chairman Chung Yong-jin has urged the South Korean retail giant to make drastic systems-centered reforms to ensure stable and s...
Nov 23, 2023 (Gmt+09:00)
Latest News
- 1 Google partners with Samsung, Gentle Monster to revive smart glasses ambitions
- 2 Korean financial firms launch global IR blitz to woo foreign capital
- 3 KIC bets on Asian real estate; eyes residential, data centers
- 4 NPS boosts allocations to direct lending, secondaries
- 5 Bill Clinton in Seoul to meet with MBK Chairman ByungJu Kim, business leaders