cost efficient

Kia Corp., South Korea’s No. 2 automaker, showcased new low-cost electric vehicles on Thursday to boost the slowing growth in clean automobile...

In the semiconductor industry, it’s been quite a while since memory chips became a commodity, meaning so low an entry barrier that any chipmak...

SK Telecom Co. on Wednesday said it launched Cloud Appliance, a cloud infrastructure device based on an ARM chipset.The company applied its virtuali...

South Korea’s No. 1 agricultural machinery maker Daedong Corp., better known by the brand name Kioti in the US, is targeting the growing hobby...

LS ITC, an IT service unit of LS Group, announced on Friday the signing of a pivotal business agreement with Korea Electric Power Corp. (KEPCO).This...

South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...

South Korea's SK Telecom Co. on Monday said it launched an optimization solution based on Amazon Web Services (AWS) that slashes cloud operating cos...

South Korea’s SK Forest Co. and NH Investment & Securities on Friday held a launching ceremony for their joint supply of high-efficiency c...

Samsung Electronics Co. announced on Thursday that it is set to release a 4-terabyte (TB) SSD in its high-performance 990 Pro series. The SSD is des...

South Korea's Hyundai Engineering Co. is developing a conversational artificial intelligence (AI) program for use in the plant and construction sect...

Dongkook Lifescience Co., established through a spin-off from Dongkook Pharmaceutical Co. in May 2017, announced on Tuesday that it has entered into...

LG Electronics Inc. is targeting the European market by releasing home appliances that exceed the highest grades of energy efficiency.The company on...

Hyundai Motor Co. is preparing to ramp up the production of its two popular SUV models Tucson and Palisade at its South Korea-based plants to meet g...

South Korean pharmaceutical giant Celltrion Group has begun procedures to merge biopharmaceuticals developer and producer Celltrion Inc. with global...

South Korea's SK Telecom Co. unveiled on Thursday that it has successfully developed and tested Reduced Capability (RedCap) - a pioneering 5G Intern...

South Korea’s largest hypermarket chain E-Mart Inc., a unit of domestic retail giant Shinsegae Group, on Wednesday posted disappointing second...

South Korea's largest low-cost carrier Jeju Air Co. will buy 40 next-generation passenger planes and lease 10 other new aircraft from Boeing Co. wit...

LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...

JYP Entertainment Corp., the music label behind K-pop bands Stray Kids, Twice and NiziU, saw its stocks drop on Monday due to its disappointing quar...

Hyundai Steel Co., South Korea's second-largest steelmaker, announced on Thursday that it has successfully collaborated with the in-house startup 3I...

Global carmakers such as Volkswagen, Hyundai Motor Group and Stellantis N.V. are in a race to release cheaper electric vehicles with the entry price...

South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...

South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...

KakaoBank Corp., a leading South Korean internet-only bank, saw its first-half net profit rise to a fresh record high, driven by decent growth in in...

Sweden's Volvo offers the best after-sales service among imported automobile dealers in South Korea, while locals drivers are disappointed by the cu...

South Korean tire manufacturers enjoyed healthy earnings thanks to strong global demand for electric vehicles and new cars adding to expectations th...

South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...

Solidigm, the NAND flash-making subsidiary of South Korea's semiconductor titan SK Hynix Inc., on Monday announced the release of its solid state dr...

LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, ...

POSCO Future M Co. is aiming to be South Korea’s largest cathode material producer by 2030, by when it hopes its output will sharply exceed th...