KOWEPO inks $302 mn financing deal for Oman solar project
Korea Western Power Co. (KOWEPO) said on Thursday it signed a 400 billion won ($301.8 million) financing deal for a solar power generation project i...
WeMade to build WEMIX Play Center in Dubai
South Korea’s game developer and publisher WeMade Co. announced on Wednesday that it partnered with the Dubai International Financial Center's...
SK Chair Chey calls on cousin for help in group management
SK Group Chairman Chey Tae-won has called on his cousin to help in the management of South Korea’s No. 2 conglomerate as it faces the challeng...
Hyungji Elite selected as official partner of FC Barcelona
South Korea’s school and corporate uniform company Hyungji Elite announced on Monday that it was selected as the official partner of FC Barc...
Hanwha Aerospace to export more K9 howitzer to Poland
Hanwha Aerospace Co. announced on Monday that it signed a $2.6 billion executive contract with the Polish State Armament Agency to export additional...
BOK chief says rates need to stay high for over 6 months
South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...
Shinsegae head calls for drastic systems-centered reform
Shinsegae Group Vice Chairman Chung Yong-jin has urged the South Korean retail giant to make drastic systems-centered reforms to ensure stable and s...
Innocean to enter Japanese ad market
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Monday it signed a memorandum of understanding...
South Korea vulnerable to tech spies undeterred by soft penalties
When a former Samsung Electronics Co. executive was arrested on industrial espionage charges by South Korea’s National Intelligence Service (N...
KAI participates in Dubai Airshow 2023
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Tuesday that it has participated in the "Duba...
Samsung’s Harman to buy French audio software firm FLUX::
Harman Professional Solutions, a professional sound system unit under Samsung Electronics Co.'s wholly owned Harman International, has agreed to acq...
Samsung to feature AI-based real time translation in Galaxy
Samsung Electronics Co. announced on Thursday it plans to feature AI-based translation in its upcoming Galaxy AI smartphone. AI Live Translate Call ...
Netmarble sells 6% stake in BTS label HYBE in block deal
South Korea’s leading game developer Netmarble Corp. said on Tuesday it sold a 6% stake in HYBE Co., the music label behind K-pop sensation ...
Space industry to usher in Saudi Arabia's 2nd boom: KAI
Korea Aerospace Industries Ltd. (KAI) on Wednesday signed a memorandum of understanding with the Saudi Space Agency (SSA) to collaborate broadly in ...
HD Hyundai President Chung to deliver keynote at CES 2024
South Korea's No. 1 shipbuilding group’s heir apparent Chung Ki-sun will deliver a keynote speech at the world’s biggest consumer techno...
SK Telecom launches call recording service for iPhone
South Korea’s SK Telecom Co. has rolled out an iPhone app using artificial intelligence (AI) that allows users to record calls on their smartp...
Samsung Elec to develop spam filter with public web body
Samsung Electronics Co. and the Korea Internet & Security Agency (KISA) on Wednesday signed a memorandum of understanding on minimizing damage t...
Israel-Hamas war takes toll on S.Korean pilgrims
The war in Israel and Gaza, which has paralyzed some parts of the Middle East, is also set to put a complete stop to South Koreans’ tours of t...
Hanwha Group chair calls for startup-like entrepreneurial spirit
South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bold innovations of its...
S.Korea’s corporate R&D spending lags global rivals
Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...
Korea markets melt as Fed officials foresee longer-than-expected high rates
South Korean financial markets lost ground on Wednesday with the 10-year government bond yield at a one-year high as US Federal Reserve policymakers...
Hanwha bets big on robots with Hanwha Robotics' official launch
South Korea’s seventh-largest conglomerate Hanwha Group has joined a race to win the burgeoning robot market, with the official launch of Hanw...
SK On named to Fortune’s Change the World list
South Korea’s electric vehicle (EV) battery maker SK On is among innovative companies that have changed the world according to Fortune, a le...
S.Korea's travel agencies fight for survival with customized products
South Korea’s major travel agencies, feeling threatened by the rise of online travel agencies on the tourism market, are using their strengths...
LG Elec takes on Lenovo, Asus in foldable laptop race
LG Electronics Inc. will join the race to lead the emerging foldable laptop market, currently led by foreign notebook majors Lenovo Ltd. and ASUSTeK...
Upstage to create interactive chatbot for virtual idols
South Korea’s artificial intelligence (AI) startup Upstage announced on Thursday that it has signed a memorandum of understanding (MOU) with M...
GenAI startup Wrtn’s cumulative subscribers exceed 1 million
South Korean generative AI startup Wrtn Technologies announced on Tuesday that it has surpassed one million cumulative subscribers to its service.Wr...
S.Korea's Lotte Group helps SMEs penetrate Indonesian market
South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...
Aramco, PIF chief to meet key South Korean figures this week
Yasir Othman Al-Rumayyan, chairman of the world’s top oil company Saudi Arabian Oil Co. (Aramco) and governor of the kingdom’s sovereign...
Korea's National Geographic Apparel steps up push into China
South Korean fashion company The Nature Holdings Co. is set to expand the presence of its outdoor clothing brand National Geographic Apparel in Chin...
