Samsung, SK Hynix ramp up DRAM business on rapid AI growth
Samsung Electronics Co. and SK Hynix Inc.,the world’s two largest memory chipmakers, are expanding their dynamic random access memory business...
NewJeans surpasses 5 billion cumulative Spotify streams
K-pop girl group NewJeans has surpassed five billion combined streams on Spotify, the world's largest music platform, its agency, Adore, announced o...
Will Samsung take over Nokia’s mobile network assets?
Samsung Electronics Co., the world’s top smartphone maker, has expressed interest in the mobile networks business of Nokia Oyj, a global telec...
KT&G to sell Korean office tower to Pebblestone for $90 mn
KT&G Corp., the world’s fifth-largest tobacco maker, is set to sell an office tower in South Korea to a local asset manager for an estimat...
Korea to launch regular K-content festival in June
South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...
Orion seeks M&As, facility expansion with dividends from China, Vietnam
Orion Holdings Corp., a leading South Korean confectionery and snack maker, has been active in overseas markets for decades, particularly in China a...
POSCO to sell entire stake in P&O Chemical to OCI
POSCO Future M Co., a battery materials affiliate of South Korean steel giant POSCO Holdings Inc., will sell its entire stake in P&O Chemical Co...
LG to seek most of profit from new growth engines
LG Electronics Inc., the leading global home appliance maker, aims to generate most of its profit from future growth drivers by 2030 as the South Ko...
LG Energy looks to battery safety diagnosis software business
LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...
Stock-rich KCC's shareholdings exceed its market cap
KCC Corp., a paint and glass maker but better known as a white knight for South Korean conglomerates, holds more than 4 trillion won ($3 billion) wo...
After Mercedes Fire, EV Owners Want to Know What Battery They Have
SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...
Korea’s Mirae Asset to open AI business unit in New York
Mirae Asset Group, the pioneer in South Korea’s mutual fund industry, plans to set up an artificial intelligence business unit in New York as ...
Naver Cloud takes the lead in Korea’s public AI business
South Korean online giant Naver Corp.'s cloud subsidiary is expanding its presence in the country’s public artificial intelligence market by w...
Hyundai Rotem to supply additional rail cars to Boston
South Korea's Hyundai Rotem Co. announced on Friday that it signed a contract with the Massachusetts Bay Transportation Authority (MBTA) to supply a...
Korean Telco giant KT’s Midas touch with hotel business
KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indus...
Yanolja to restructure affiliates to boost profit before Nasdaq IPO
South Korea’s top travel and accommodation booking platform operator Yanolja Co. is seeking to streamline and restructure its affiliates to bo...
Kakao to launch conversational AI platform for B2C commerce
South Korean mobile platform giant Kakao Corp. said on Thursday that it will accelerate its artificial intelligence push by launching a conversation...
NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market
South Korea’s gaming behemoth NCSOFT Corp. has set up a joint venture with Vietnamese tech unicorn VNG Corp. to tap into Southeast Asia starti...
PUBG’s Krafton taps ex-Apple, Samsung execs for global business
South Korean gaming giant Krafton Inc. has hired former executives of not only global game developers but also tech leaders such as Apple Inc. and S...
SK Telecom logs higher quarterly profit on AI, lower costs
SK Telecom Co., South Korea’s top mobile carrier, reported a higher quarterly profit as its cost-cutting and strong artificial intelligence (A...
Low-cost carrier Fly Gangwon rebranded as Parata Air
South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....
Samsung’s new chip leader calls for restoring competitiveness
It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his firs...
MezzoMedia acquires digital ad agency DBASE&
MezzoMedia, a digital marketing solutions company under South Korea's entertainment company CJ ENM Co., announced on Thursday that it acquired the d...
SoftBank-backed Tridge in trouble amid Korean startup doom
Tridge Co., South Korea’s first agricultural product and food trading platform operator invested in by SoftBank Group Corp., is in financial t...
Kia’s Chinese business makes turnaround as it becomes export base
South Korean automaker Kia Corp.'s Chinese business has been struggling for years amid escalating tension between the US and China – Korea&rsq...
Doosan Robotics, Bobcat ordered to clarify merger deal
South Korean regulators have ordered Doosan Robotics Inc. to amend the securities prospectus it submitted last week for its merger with Doosan Bobca...
Hanwha, Univ. of Surrey to team up for space business
Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a memorandum of understan...
LG Electronics posts record Q2 profit, to accelerate transition into AI leader
LG Electronics Inc., a leading South Korean electronics maker, on Thursday posted its highest quarterly operating profit and sales for the April-Jun...
Samsung Elec calls for C-Lab Outside applications
Samsung Electronics Co. announced on Monday that it will enlist startups to participate in its external startup incubation program C-Lab Outside unt...
Doosan Robotics, Bobcat merger prompts call for law revision
Doosan Group’s announcement of a merger between Doosan Robotics Inc. and Doosan Bobcat Inc. has met with strong criticism from investors and p...
