OLED Glare-Free technology
Scope
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Electronics
LG Display to invest extra $1 bn in Vietnam OLED plant
LG Display Co. will invest an additional $1 billion in Vietnam over the next five years to ramp up organic light-emitting diode (OLED) panel output,...
Nov 17, 2024 (Gmt+09:00)
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Retail
Korean duty-free shops post Q3 losses; no signs of recovery
The four major duty-free shop operators in South Korea on Thursday posted operating losses in the third quarter, marking the first quarter in almo...
Nov 14, 2024 (Gmt+09:00)
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Construction
Lotte E&C develops low-carbon cement construction
Lotte Engineering & Construction (E&C) said on Tuesday developed carbon dioxide-infused mortar technology for flooring with Hanil Cement Co....
Nov 12, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1, UK’s Babcock sign MOU to develop global MRO market
LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memorandum of understand...
Nov 06, 2024 (Gmt+09:00)
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Food & Beverage
SPC shares Korean bakery know-how with Mongolian biz leaders
South Korea's SPC Group said on Monday that Mongolian government officials and local business leaders visited Passion5 in Hannam-dong, Seoul, last F...
Nov 04, 2024 (Gmt+09:00)
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Future mobility
Self-driving tech startup RideFlux raises $1.9 mn in Series B
RideFlux Inc., a South Korean autonomous driving technology startup, raised 26 billion won ($1.9 million) in a Series B funding round about four mon...
Oct 31, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Nexilis poised to sell thin film division to Affirma Capital
SK Nexilis Co., the world’s largest copper foil maker, is in the final stage of negotiations to sell its thin film manufacturing division to A...
Oct 30, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to unveil 400-layer bonding vertical NAND for AI servers by 2026
Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a 400-layer vertical NAND flash chip by 2026 to lead the fast-g...
Oct 28, 2024 (Gmt+09:00)
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Korean food
Korean food makers set sights on Europe with vegan, sugar-free offerings
PARIS – South Korean food companies such as Pulmuone Corp., Lotte Wellfood Co., Ottogi Corp. and Maeil Dairies Co. are gearing up for their ex...
Oct 23, 2024 (Gmt+09:00)
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Electronics
LG 2024 OLED TVs named as best TV in US
LG Electronics Inc. 's 2024 organic light-emitting diode (OLED) TVs were named as the best OLED TV by several prominent US media outlets.Accor...
Oct 21, 2024 (Gmt+09:00)
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Korean startups
South Korea’s next AI unicorns stand out at KPAS 2024
South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...
Oct 17, 2024 (Gmt+09:00)
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Retail
Lotte Duty Free renews Tokyo Ginza Store
South Korea's Lotte Duty Free reopened its Tokyo Ginza Store in Tokyu Plaza Ginza on Wednesday after a complete renovation. This is the company's ...
Oct 17, 2024 (Gmt+09:00)
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Fiber & Textile
Global Sae-A completes spinning mill in Costa Rica
South Korea's Global Sae-A Group said on Monday it had inaugurated a third spinning factory for its yarn-producing subsidiary, Sae-A Spinning, in ...
Oct 15, 2024 (Gmt+09:00)
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Robotics
Samsung to unveil its first wearable robot Bot Fit by end-October
Samsung Electronics Co. will unveil its first wearable robot, Bot Fit, later this month as the South Korean tech giant delves into the global health...
Oct 14, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to produce key ship electrification part LV VFD in-house
South Korea’s HD Hyundai Co., the parent of the world’s top shipbuilder HD Hyundai Heavy Industries Co., said on Tuesday it has develope...
Oct 08, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, NTT Docomo to cooperate on AI technology
Samsung Electronics Co. said on Tuesday that it signed a memorandum of understanding (MOU) with NTT Docomo, Japan's largest mobile telecommunicati...
Oct 02, 2024 (Gmt+09:00)
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Culture & Trends
Vinyl renaissance in Korea holds steady with diverse music tastes
Within just two hours of the opening of the 13th Seoul Record Fair last Saturday, the waitlist for new LP records reached 1,500. There were 20 new r...
Sep 27, 2024 (Gmt+09:00)
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Electronics
LG Display ends large LCD business with plant sale to CSOT
South Korea’s leading display maker LG Display Co. is gearing up its transition into a leading organic light-emitting diode (OLED) panel maker...
Sep 26, 2024 (Gmt+09:00)
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Future mobility
Hyundai partners with Samsung to enhance connected vehicle technology
South Korea’s Hyundai Motor Group has joined forces with Samsung Electronics Co. to advance connected vehicle technology utilizing the tech gi...
Sep 25, 2024 (Gmt+09:00)
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Electronics
Samsung Display to build $1.8 billion OLED plant in Vietnam
Samsung Display Co., a leading South Korean display maker, will build a $1.8 billion organic light-emitting diode (OLED) line in Vietnam for small- ...
Sep 24, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s CXL optimization software tool installed on Linux
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Monday the key features of its computer expr...
Sep 23, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha unveils carbon-free gas carrier amid tougher rules
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has introduced a carbon-free gas carrier to meet the growing demand for eco-friendl...
Sep 20, 2024 (Gmt+09:00)
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Artificial intelligence
42Maru builds defense-specialized GenAI platform
42Maru, South Korea's generative AI and language AI startup said on Friday that it was selected as the lead organization for the Defense Technolog...
Sep 20, 2024 (Gmt+09:00)
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Retail
Duty-free underdog Kyung Bok Kung outshines Lotte, Shilla
Kyung Bok Kung Duty-Free Co., a lesser-known travel retailer, has bucked the trend of South Korea's sluggish duty-free retail industry on a downward...
Sep 18, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor’s IONIQ 5: Pope Francis’ Popemobile in Singapore
Pope Francis on Friday wrapped up his 12-day visit to the Asia-Pacific region with a visit to Singapore, where less than 10% of the population ident...
Sep 13, 2024 (Gmt+09:00)
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Corporate strategy
LG CNS establishes joint venture with Sinarmas in Indonesia
South Korea's LG CNS Co. said on Thursday that it established a joint venture LG Sinarmas Technology Solutions in Indonesia with Sinarmas Group in J...
Sep 12, 2024 (Gmt+09:00)
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Electronics
LG's transparent OLED TV named best product in US
LG Electronics Inc.'s transparent OLED TV, the LG Signature OLED T, received the Best Designer Display award at the CEDIA Expo 2024, held in Denver,...
Sep 11, 2024 (Gmt+09:00)
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Retail
Shinsegae Duty Free opens premium store at Incheon Airport
South Korea's Shinsegae Duty Free launched a premium store at Incheon International Airport, aiming to counter the decline in downtown duty-free sal...
Sep 11, 2024 (Gmt+09:00)
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Energy
Hanwha Aerospace, SK Enmove develop fireproof ESS
South Korean companies have joined forces to develop the world’s first fireproof energy storage system (ESS) powered by liquid immersion cooli...
Sep 10, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha signs MOU with WB Group for $2 bn Polish submarine project bid
Hanwha Ocean Co. said on Wednesday it has signed an initial agreement on business cooperation with Polish defense firm WB Group to raise its chances...
Sep 04, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand