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 to punish copper scrap traders for illegal exports
BUSAN -- South Korea is set to punish copper scrap traders, mostly Chinese-operated, for illegal exports as nonferrous metal sector companies on the...
KAI, TAI ink deal to boost T-50TH support
Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...
Tighter emissions rules boost HD Hyundai Marine margin
HD Hyundai Marine Solution Co., a ship parts manufacturing and after-sales service company, has reported the highest-ever operating profit margin in...
Samsung's financial arms beat No.1 banking group KB in profit
Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a thre...
Coupang, CJ CheilJedang end feud and resume Rocket Delivery
Coupang Inc., South Korea’s largest e-commerce platform, on Wednesday resumed the same- or next-day delivery service dubbed Rocket Delivery fo...
7-Eleven ratchets up sports marketing to take on GS25, CU
7-Eleven, the third-largest convenience store chain in South Korea, is challenging its bigger rivals GS25 and CU, attracting customers with Hello Ki...
RaonSecure wins order for Indonesia's digital ID project
South Korean cybersecurity firm RaonSecure Co. announced on Tuesday that it secured a project for Indonesia's integrated digital identity (ID) servi...
Korean shipbuilder Samsung Heavy resumes Asia push
Samsung Heavy Industries Co., a leading South Korean shipbuilder, is set to resume investments in its China-based facilities while considering launc...
Hyundai Elevator joins forces with Kakao Mobility for integration services
South Korea's Hyundai Elevator Co. said on Thursday that it has signed a memorandum of understanding (MOU) with Kakao Mobility Corp. to commercializ...
Samsung SDS gains AI management system certification
Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...
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...
Metanet Tplatform acquires location-based service provider
South Korea's cloud management service provider (MSP) Metanet Tplatform Co. has acquired domestic location-based service provider BlueChip C&S, ...
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...
Colosseum poised for next leap with global expansion drive
Colosseum Corporation Inc., a fulfillment startup based in South Korea, has set its sights on global conquest with its nationwide and international ...
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 Uplus to feature in-car games to Kia EV3
South Korea's LG Uplus Corp. said on Wednesday that it will offer its web-based in-car game service Game Portal in Kia Corp's electric vehicle (EV) ...
Hyundai Premium Outlet runs AI Human for foreign customer
South Korea's Hyundai Premium Outlet announced on Tuesday that it will trial the artificial intelligence (AI) service AI Human at its Songdo store u...
Kakao Mobility launches overseas car rental service
South Korean mobility platform Kakao Mobility said on Monday that it launched an overseas car rental service accessible through its Kakao T app.The ...
KB Kookmin Bank adds Indonesian to banking platform
South Korea's KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...
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...
Lotte Rental to service Vietnam's individual long-term rental
Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it will enter Vietnam's individual long-term car rental market in ...
KB Star exchange-traded funds rebranded as Rise
South Korea’s KB Asset Management Co. announced on Wednesday that it will change the name of its ETF brand from "KB Star" to "Rise."The names ...
SK Telecom launches In-flight wi-fi service
South Korea's SK Telecom Co. announced on Wednesday that it launched the T In-flight wi-fi service.This service will initially be available on six a...
SK Telecom's X Caliber enters N.American pet market
South Korea's SK Telecom Co. announced on Monday that it signed a distribution agreement with Canadian pet medical equipment company Nuon & Nikk...
CU to accept Japan's Ponta Points for payments
South Korea's BGF Retail, the operator of the leading domestic convenience store chain CU, announced on Sunday that it signed a memorandum of unders...
Cosmax Group unveils new CI
South Korea's Cosmax Group unveiled a new corporate identity (CI) on Wednesday. The new CI reflects Cosmax Group's identity as a global beauty and h...
Coupang opens Rocket Growth seller website
Coupang Inc., South Korea’s largest e-commerce platform, announced on Tuesday that it opened a dedicated website for sellers (sell.coupang.com...
