Samsung raises Rainbow Robotics stake, eyes management control

Samsung Electronics Co. is looking to own a controlling stake in Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant h...

Wrtn Technologies joins latest AI fad, looking for prompt engineers

Wrtn Technologies Inc. has joined the latest generative artificial intelligence (AI) boom with its high-paying official job post for a prompt engine...

LG Electronics showcases new products in Dubai

LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...

Curexo unveils artificial joint surgery robot TMAX at AAOS 2023

Curexo, a South Korean medical robot company, said on Tuesday that it had unveiled its artificial joint surgery robot "TMAX" at AAOS 2023, the world...

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...

Samsung SDI to showcase solid-state battery tech at InterBattery 2023

South Korea's leading secondary battery maker Samsung SDI Co. has announced its participation in Korea's largest battery exhibition, InterBattery 20...

H2O Hospitality signs MOU with Ministry of Investment of Saudi Arabia

H2O Hospitality Ltd., a South Korean company specializing in digital transformation in the hospitality and leisure industries, announced on Monday t...

Samsung SDS to offer customized cloud services

Samsung SDS Co. is ready to offer easy-to-use, customized cloud storage services to help its clients' digital transformation, its Chief Executive Hw...

Hyundai Motor spins off 4 in-house startups in mobility, AI, data

Hyundai Motor Group has spun off four new in-house startups, including MOBINN with autonomous driving technology and APLAYS with AI-powered music cu...

LG Energy, SK On to showcase LFP battery prototypes at InterBattery 2023

LG Energy Solution Ltd. and SK On Co. will showcase their lithium iron phosphate (LFP) battery prototypes next week, as the two South Korean battery...

S.Korea lags Taiwan in GNI per capita for first time since 2002

South Korea’s gross national income (GNI) per capita dropped 7.7% on-year last year, coming in below that of its smaller rival Taiwan for the ...

LG Electronics picks private 5G network as next growth engine

LG Electronics Inc. is seeking to make inroads into the private 5G network market, set to grow rapidly amid accelerated migration to automation in a...

Binance’s new NFT platform accused of copying Korean startup’s Chatcasso

Binance has been accused of copying a South Korean startup’s ideas and design of its artificial intelligence (AI)-powered non-fungible token (...

S.Korea ranks fifth in global auto output for third straight year

South Korea’s auto production last year ranked fifth worldwide for the third year in a row.A report on world automotive output from the Korea ...

Battery material maker EcoPro Materials eyes $2.3 billion IPO

EcoPro Materials Co., a unit of South Korea’s battery materials group EcoPro Group, is looking to list its shares on the country’s main ...

FADU joins ranks of unicorns as S.Korea’s first fabless chip firm

FADU Technology has become South Korea’s first fabless semiconductor unicorn after successfully raising funds from share sales before its init...

Iljin Materials to change its name to Lotte Energy Materials

Lotte Chemical Corp., a South Korean petrochemical giant, will rename Iljin Materials Co., the country’s second-largest copper foil maker, as ...

Dubai delegation conducts due diligence on Medytox's plant in Korea

South Korea's biopharmaceutical firm Medytox Inc. said on Monday that a high-level delegation led by Dubai Science Park (DSP) under Dubai's state-ow...

Kakao vows to thwart HYBE scheme for SM control

Kakao Corp., South Korea’s dominant mobile platform, said on Monday it would mobilize all possible countermeasures against HYBE Co. ’s a...

Novel medicines poised to be Korea’s next mainstay export

South Korea, a major global generic and biosimilar medicine producer with leading names such as Samsung Biologics Co. and Celltrion Inc., has rapidl...

S.Korea's KT Studio Genie provides romantic comedy to Amazon

KT Studio Genie, a content production subsidiary of the South Korea's telecom giant KT Corp., announced on Monday that it had signed a global conten...

OLED tech leads trends on premium TV market

Organic light-emitting diode (OLED) products account for over 30% of the global premium TV market, attesting to the technology's emergence as the st...

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company to join the Global U...

Hyundai Motor begins Genesis GV70 EV production in US

Hyundai Motor Co. has commenced production of the Genesis GV70 electric vehicle in the United States. This marks the first locally produced vehicle ...

Ssangyong E&C completes construction of Dubai's Atlantis The Royal

Ssangyong Engineering & Construction announced on Tuesday the successful completion of "Atlantis The Royal," an ultra-luxury hotel in Dubai, the...

S.Korea sees first decline in household loans in 20 years

Household loans in South Korea last year fell from 2021 for the first time in 20 years because of high interest rates, but credit card debt hit a re...

SK Signet lands first order in UK worth $7.7 million

South Korea's SK Signet Inc., which produces ultra-fast chargers for electric vehicles (EVs), on Monday said its European branch SK Signet Europe in...

LG Uplus, Ecorbit to build smart safety solution at waste disposal site

LG Uplus Corp., a South Korean mobile telecom service carrier, announced on Monday that it is deploying a smart safety solution at waste disposal co...

Fried chicken chain bhc opens first US store in LA

South Korea’s No. 2 fried chicken brand bhc Group on Monday said it opened its first store in North America on Friday at the Original Farmers ...

Korea’s first ChatGPT-authored, AI-proofread book due this week

ChatGPT has been around for nearly three months and is causing untold chaos across industries and academia.Now, the artificial intelligence chatbot,...