World Economic Forum
Scope
Date
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Automobiles
Kia vows to take 10% of Indian market after 1 million car output
In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...
Jul 14, 2023 (Gmt+09:00)
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Electronics
LG releases world's first connection cable-free OLED TV
LG Electronics Inc. on Thursday announced its release of the world's first wireless OLED TV, LG Signature OLED M.As the world's first OLED TV to hav...
Jul 13, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Secondhand LNG carrier prices hit record high; prospects rosy
Prices of secondhand liquefied natural gas (LNG) carriers are flying high, close to new LNG ship prices, amid tighter environmental regulations and ...
Jul 12, 2023 (Gmt+09:00)
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Regulations
Go bolder with regulatory reform to foster unicorns in Korea: KERI
Regulatory reform is still slow in South Korea, obstructing innovation in technologies and industries, and the government must take bolder action to...
Jul 12, 2023 (Gmt+09:00)
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Economy
Samsung Electronics creates $216 bn social wealth in 2022
Samsung Electronics Co. created 281.4 trillion won ($216 billion) worth of social wealth in 2022, meaning it distributed that amount of wealth to ot...
Jul 06, 2023 (Gmt+09:00)
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Advertising & Marketing
LG Electronics collaborates with German Playmobil for figurines
LG Electronics Inc. unveiled its collaboration with the famous German toy brand Playmobil on Thursday, creating home appliance figurines. South Kore...
Jul 06, 2023 (Gmt+09:00)
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Electronics
LS Cable commercializes world's thinnest LAN cable
South Korea's LS Cable & System announced Wednesday that it has brought to market the world's thinnest LAN cable with a 6 mm outer diameter, cap...
Jul 05, 2023 (Gmt+09:00)
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Entertainment
Up close and personal look at HYBE workplace, culture
The share price of South Korea’s HYBE Co., the company behind the global sensation BTS, has advanced more than 60% this year, hitting its high...
Jul 04, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics wins $897 mn in two deals with Pfizer
Samsung Biologics Co., the world’s largest contract manufacturing organization (CMO) in terms of production capacity, said on Tuesday it has w...
Jul 04, 2023 (Gmt+09:00)
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Automobiles
LG sees $76 bn in 2023 vehicle system order backlog
The automotive electronics business is emerging as a new cash cow for South Korea’s LG Electronics Inc., a household name in the home applianc...
Jun 30, 2023 (Gmt+09:00)
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Travel & Leisure
Jeju Shinhwa World to spend $760 mn to restore vigor
South Korea’s largest resort complex Jeju Shinhwa World, located in the country’s top tourist destination, is preparing to restore its v...
Jun 29, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to inject more than $2.3 bn in quantum science, tech by 2035
South Korea will pour more than 3 trillion won ($2.3 billion) into quantum science and technology by 2035, aiming to become the world’s fourth...
Jun 27, 2023 (Gmt+09:00)
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Economy
S.Korea to return to Japan’s preferential trade partner list in July
Japan has decided to put South Korea back on the list of its preferential trade partners, nearly four years after its removal. The Korea-Japan trade...
Jun 27, 2023 (Gmt+09:00)
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Logistics
S.Korea breaks into World Bank's global logistics top 20 list for 1st time
South Korea’s logistics performance has ranked 17th in the world, marking its first entry into the top 20 nations, as assessed by the World Ba...
Jun 26, 2023 (Gmt+09:00)
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Advertising & Marketing
Cheil Worldwide wins Grand Prix at Cannes Lions 2023
South Korea's leading ad agency and marketing company Cheil Worldwide clinched nine awards, including the coveted Grand Prix, at the esteemed Cannes...
Jun 26, 2023 (Gmt+09:00)
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Electronics
Samsung, LG fuel rivalry in global hospitality TV market
Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...
Jun 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Blind recognized as one of Time100 Most Influential Companies 2023
Blind, the renowned online forum for verified but anonymous professionals, has been included on the esteemed Time100 Most Influential Companies list...
Jun 23, 2023 (Gmt+09:00)
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Fashion
Nike to open its 3rd Jordan World of Flight store in Seoul
Nike Inc. is set to open its Jordan World of Flight in Seoul, a store dedicated to Jordan brand streetwear and sports shoes, on Wednesday. It will b...
Jun 22, 2023 (Gmt+09:00)
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Economy
US beats China to become S.Korea’s No.1 export destination in 2022
South Korea last year exported most to the US thanks to brisk sales of the country’s cars in the world’s No. 1 economy, whereas trade wi...
Jun 22, 2023 (Gmt+09:00)
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Korean startups
S.Korea has just 1.2% of world's corporate unicorns: study
Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over $1 billion, has shru...
Jun 22, 2023 (Gmt+09:00)
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Korean startups
Seoul to build world's largest startup campus by 2030
The Seoul Metropolitan Government will establish the world’s largest startup campus in the capital city of South Korea by 2030, benchmarking S...
Jun 21, 2023 (Gmt+09:00)
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Electronics
SK Group to host global forum in Silicon Valley
The top executives of South Korea's SK Innovation Co. and SK Hynix Inc. will discuss future growth strategies with outstanding global talent in Sili...
Jun 21, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems joins C-130H airplane modification project
Hanwha Systems Co. announced on Monday that it has been awarded a second contract by the Defense Acquisition Program Administration for the South Ko...
Jun 19, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO-led consortium wins $6.7 bn green hydrogen deal from Oman
A consortium led by South Korean steelmaker POSCO Group won a $6.7 billion deal to build the world’s largest green hydrogen plant in Duqm, a p...
Jun 16, 2023 (Gmt+09:00)
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Venture capital
Vertex Ventures US upbeat for data startups
The healthcare, manufacturing, mobility and retail sectors were slower to adopt digital technologies than the telecom and e-commerce industries in...
Jun 16, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm’s Cenobamate gets nod in Canada, to boost US sales
South Korea’s SK Biopharmaceuticals Co. has obtained the sales approval for its antiepileptic treatment Cenobamate in Canada, paving the way f...
Jun 15, 2023 (Gmt+09:00)
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Business & Politics
KOTRA holds IR meeting in Tokyo for Japanese companies
Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea ...
Jun 15, 2023 (Gmt+09:00)
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Batteries
SKIET bets big on Europe's battery separator market
DABROWA GORNICZA, Poland – The production line of lithium-ion battery separators in SK IE Technology Co.’s (SKIET) factory in Dąbrowa G&...
Jun 14, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung takes on TSMC with strengthened chip design IPs
Samsung Electronics Co., the world’s largest memory chipmaker, aims to drastically expand its chip design intellectual property (IP) partnersh...
Jun 14, 2023 (Gmt+09:00)
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Business & Politics
Yoon, Korea’s No. 1 salesman, at BIE to drum up support for 2030 Expo
South Korean President Yoon Suk Yeol will attend the Bureau International des Expositions (BIE) in Paris next week to drum up support for the Asian ...
Jun 13, 2023 (Gmt+09:00)
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