Krafton, Naver and Mirae Asset to launch up to $740 million Asia tech fund in India push

Krafton Inc., South Korea’s leading game developer, said on Friday it will join forces with Naver Corp., the country’s dominant internet...

Real AI bubble is market concentration, not technology: Amundi CIO

The artificial intelligence revolution is real, but the way investors are betting on it has become dangerous, said Vincent Mortier, group chief inve...

Crescendo Equity acquires Czech voice security software maker Phonexia

Crescendo Equity Partners, a South Korea-based private equity firm, said on Thursday it has acquired full ownership of Czech voice security software...

Samsung bolsters technology leadership with engineer-heavy executive reshuffle

Samsung Electronics Co. has placed two of its most seasoned engineers, TM Roh and Jun Young-hyun, at the top of the company in dual leadership, unde...

ABL Bio lands $2.6 bn Eli Lilly deal, capping record year for S.Korean biotech exports

ABL Bio Inc., a South Korean biotechnology company, has signed a $2.6 billion licensing and joint research agreement with Eli Lilly and Co. for its ...

ASML, Samsung, SK Hynix expected to deepen chip technology cooperation

ASML Holding NV, the Dutch tech giant and the world's sole producer of extreme ultraviolet (EUV) lithography machines, is expected to discuss ways t...

Compelling time to enter commercial property market; technology to widen return gaps

The commercial real estate market in the US and Europe is showing early signs of a rebound, supported by limited supply after a construction slowdow...

NCSOFT, Nvidia deepen two-decade alliance to refine high-fidelity gaming

The line snaked around the COEX convention center in Seoul’s upscale Gangnam district late last week, where hundreds of gamers waited more tha...

Flattery, gifts and a fresh pact: Nvidia, Samsung, Hyundai tighten AI ties

It began with a toast of beer and fried chicken at a modest Seoul eatery, followed by a flurry of compliments and gift exchanges, and ended with a g...

Hyundai Motor's Chung, Saudi Arabia’s crown prince discuss cooperation beyond autos

Hyundai Motor Group, South Korea’s largest automaker, is setting its sights on next-generation energy ventures in Saudi Arabia, expanding its ...

Seoul considers Korean version of IRA tax credit to offset US tariff impact

South Korea is considering introducing production tax credits for domestic companies hit by US tariffs, in a move analysts describe as a de facto su...

US likely to grant Samsung, SK Hynix conditional approval of chip equipment in China

The US government is considering allowing Samsung Electronics Co. and SK Hynix Inc. to bring US-made chipmaking equipment to their plants in China u...

Samsung, SK Hynix lose US waiver on chip equipment for China use

The US will make it harder for Samsung Electronics Co. and SK Hynix Inc. to manufacture chips in China and upgrade production facilities there, thre...

BOE risks 15-year US OLED ban in Samsung dispute; Korean display stocks rally

South Korean display makers stand to gain from a possible 15-year US import ban on organic light-emitting diode (OLED) panels from China’s BOE...

Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media

What was once a world of elves, dragons and power-ups is now giving rise to one of South Korea’s most unexpected tech revolutions, with game s...

Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds

South Korea has finally agreed to reduce Indonesia’s contribution to their joint KF-21 fighter jet development project by two thirds to 600 bi...

Hanwha Q Cells eyes tandem cell mass production in 2027

Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...

South Korea’s Rznomics inks $1.3 bn out-licensing deal with Eli Lilly

Rznomics Inc., a South Korean RNA therapeutics developer, has signed an agreement worth more than $1.3 billion with US pharmaceutical giant Eli Lill...

South Korea asks US for tailored approach to chip tariffs

South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...

SK Hynix makes strides in CXL technology, escalating rivalry

SK Hynix Inc., the leading global high-bandwidth memory (HBM) chip provider, has moved faster than its rivals in the commercialization of the next-g...

Samsung Heavy makes breakthrough in FLNG liquefaction technology

Samsung Heavy Industries Co., a major Korean shipbuilder, has made a breakthrough in its liquefaction technology for floating liquefied natural gas ...

Samsung E&A buys Norwegian Nel stake for hydrogen business push

South Korea’s Samsung E&A Co. has purchased a stake in Norway’s hydrogen technology company Nel ASA at 47.6 billion won ($32.8 milli...

HD Hyundai, Palantir chiefs discuss AI shipyard, defense technology

Chung Kisun, executive vice chairman of the world’s largest shipbuilder HD Hyundai Co., has met with Alex Karp, CEO of Palantir Technologies I...

Hyundai Rotem inks $1.5 bn Morocco train supply deal

South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...

S.Korea’s defense order backlog reaches record $73.1 billion at end-2024

South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2...

EQT targets healthcare, technology, business service providers in Korea

EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Ko...

SK Biopharmaceuticals, Eurofarma to set up AI epilepsy platform JV in US

South Korea’s SK Biopharmaceuticals Co. has signed a deal with Brazil’s Eurofarma Laboratórios S.A. to establish a joint venture ...

Hyundai Mobis to boost US production to cope with Trump

LAS VEGAS -- Hyundai Mobis Co., the world’s fifth-largest auto parts maker, plans to beef up its US production to cope with President-elect Do...

LG Electronics bets big on humanoid robots: CEO Cho

LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has thrown down the gauntlet to frontrunners in the AI robot race...

Hyundai Motor vows record investment of $16.7 bn in South Korea

Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...