Samsung SDS calls attacks on cloud biggest threat to cyber security

Cloud protection is the top cyber security concern for companies this year, a study says.Samsung SDS Co. on Thursday said this in its report "Top Fi...

Korean apparel retailer F&F to produce global K-pop stars

South Korean outdoor clothing retailer F&F Co. made a foray into the entertainment sector to create a synergy of K-content and fashion, competin...

Korean steelmakers accuse Japanese rivals of product dumping

As Japanese hot-rolled steel plates have flooded into South Korea at even lower prices than those from China, Korean steel manufacturers are consi...

S-1 calls AI video solutions core of this year's AI security market

Access management of facial recognition needs the most improvement this year and artificial intelligence (AI)-based solutions such as intelligent cl...

Hyundai is not a carmaker but a tech firm: Chairman Chung

Hyundai Motor Group Chairman Chung Euisun has vowed to turn the South Korean automotive giant into a state-of-the-art tech company to lead the pack ...

SK Chemicals introduces Tiglutik, treatment for Lou Gehrig's disease

SK Chemicals said on Monday that it is strengthening its portfolio of neurological diseases by introducing Tiglutik (riluzole), Lou Gehrig's disease...

Korean business chiefs’ Year of the Rabbit messages: Keep investing

South Korea’s top business leaders on the first business day of the year stressed the importance of active investment and concentration of r...

KT signs agreement with O2 Company on smart fish farming

KT Corp., a South Korean telecom giant, plans to advance into the sea farming business.KT said on Sunday it had signed a business agreement with O2 ...

Launch of Innospace's Hanbit-TLV rocket called off due to technical glitch

The Ministry of Science and ICT announced on Wednesday that it will invest 350 billion won ($273 million) to build a rocket launch site, which will ...

Blackpink named Entertainer of the Year by Time Magazine

Group Blackpink was selected as "2022 Entertainer of the Year" by TIME, a US weekly magazine. The magazine released a list of the most influential p...

Blackpink's 'Ice Cream' music video surpasses 800 mn views

K-pop girl group Blackpink’s “Ice Cream” music video exceeded 800 million views on YouTube around 2 a.m. on Nov. 30 local time, it...

Korean life insurer eases bond market woes with buyback

A South Korean small insurer will buy back dollar perpetual bonds as scheduled, reversing its earlier decision not to recall the notes, to ease conc...

Small Korean life insurer further rattles bond market

A South Korean small insurer has made a rare decision not to buy back dollar perpetual bonds, in the first such case for the country’s issuers...

Samsung leader Lee calls on mgt to raise shareholder value

Samsung Electronics Co. set up a task force team dedicated to increasing its shareholder value last month, according to industry sources on Oct. 4. ...

Activist fund steps up pressure for SM Ent's governance reform

Align Partners Capital Management, a South Korean activist fund, has threatened legal action against entertainment behemoth SM Entertainment Co., re...

Yellen calls for trade overhaul to diversify from China

SEOUL—Treasury Secretary Janet Yellen called for a reorientation of the world’s trading practices in the wake of Russia’s invasion...

Korean exporters fret over looming labor strife at Long Beach, Hamburg

South Korea’s major companies are anxious about looming labor strife at the Port of Long Beach, California and strikes at German ports –...

Korean manufacturers’ dependence on China intensifies

South Korean manufacturers are importing even more key industrial raw materials from China, deepening concerns over the dependence of Asia’s f...

SK Telecom blocks voice phishing via AI, police database

SK Telecom Co., a South Korean major mobile carrier, is strengthening its spam call filtering system to prevent voice phishing. The system blocked 3...

SK Innovation to focus on small reactors, batteries, waste recycling

SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is accelerating a shift toward eco-friendl...

Time for Samsung to get another Fukuda Report

Eight years ago today, the late Samsung Group leader Lee Kun-hee collapsed at his home following a heart attack, a harbinger of doom six years later...

Samsung SDI to run all-solid-state battery pilot line

Samsung SDI Co. is poised to become one of the few electric vehicle battery manufacturers in the world to run a pilot production line of all-solid-s...

S.Korea urged to embrace nuclear power to go carbon free

The topic of RE100, a multinational campaign to make a full switch to renewable energy by 2050, was brought up last week during a debate among four ...

Mastern buys Pangyo office landmarks for $834 mn

Mastern Investment Management Co., a Seoul-based real estate investment firm, has acquired Alpharium Tower I and II in Pangyo from ARA Asset Manag...

Retirement packages unexpectedly benefit young talent

Voluntary retirement packages, often coming with generous compensation, have been adopted by companies as a way to let go of older or redundant empl...

Activist fund again urges SK Chem to sell SK Bioscience stake

An activist fund has again urged South Korea’s SK Chemicals to sell part of its stake in SK Bioscience or buy back treasury shares and cancel ...

Korean auto parts makers call for govt financial support

Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...

SK Chem says no immediate plan to sell SK Bioscience stake

SK Chemicals Co., the top shareholder of South Korea's SK Bioscience Co., is not considering reducing its stake in the vaccine maker in the immediat...

Korean eyewear startup to again design China's top dept store hall

South Korean eyewear brand Gentle Monster is slated to design the luxury hall space of the Chengdu branch of SKP, China’s top department sto...

Netflix reports jump in users, calls Squid Game its most popular show ever

Netflix Inc. added 4.4 million memberships in the third quarter, more than the company had forecast, as viewers flocked to the streaming platform wi...