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Scope
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The KED View
Five most common frustrations of Korean entrepreneurs
A South Korean company recently gave up on its plan to venture into the burgeoning robot market.Fair-trade regulations that prohibit the creation of...
Oct 12, 2023 (Gmt+09:00)
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Bio & Pharma
CJ CheilJedang searches for global bio talent in Boston
South Korean food and bio giant CJ CheilJedang Corp. on Monday said its Chief Technology Officer Hwang Yun-il, CJ CheilJedang BIO executive Yoon Seo...
Sep 25, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia to offer wireless support for Google, Apple vehicle SW
South Korea's Hyundai Motor Co. and Kia Corp. announced on Thursday that they will support wireless connectivity for the vehicle projection services...
Sep 21, 2023 (Gmt+09:00)
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Construction
Hyundai E&C, Naver Cloud to develop futuristic healthy housing model
South Korea's Hyundai Engineering & Construction (E&C) on Thursday announced its signing of a deal with Naver Cloud on cooperation in the de...
Sep 21, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire cuts more jobs as it struggles to recover from fire
South Korea’s largest tire maker Hankook Tire & Technology Co. plans to cut more jobs through a voluntary retirement scheme as the company...
Sep 20, 2023 (Gmt+09:00)
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Electronics
Samsung releases The Wall for virtual production in Europe
Samsung Electronics Co. announced on Friday that it unveiled "The Wall for Virtual Production" at IBC 2023, the world's largest trade fair for elect...
Sep 15, 2023 (Gmt+09:00)
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Healthcare
Lotte Healthcare to launch AI-based health management platform
South Korea's Lotte Healthcare has entered the digital healthcare market through the launch next week of its personalized healthcare management pl...
Sep 15, 2023 (Gmt+09:00)
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Electronics
Samsung releases Galaxy Watch6 Classic PXG edition
Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...
Sep 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus pet care platform's subscribers exceed 300,000
South Korea's LG Uplus Corp. announced on Thursday that its pet service platform ForDong has garnered over 300,000 subscribers just 14 months sinc...
Sep 14, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem opens European CS Center in Germany
South Korea's top chemical company LG Chem Ltd. announced the opening of its European Customer Solution Center (CS Center) in Frankfurt on Wednesday...
Sep 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to hold job fair in Los Angeles
South Korea's LG Uplus Corp. on Thursday said it will hold the recruiting event LG Uplus US Fair at the hotel Ritz-Carlton, Marina del Rey near Los ...
Sep 07, 2023 (Gmt+09:00)
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Companies
Hyundai Card to showcase Meta's MR, AR techs at Da Vinci Motel
Hyundai Card said on Wednesday that its annual Da Vinci Motel event will feature state-of-the-art mixed reality (MR) and augmented reality (AR) expe...
Sep 06, 2023 (Gmt+09:00)
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Airlines
S.Korea's airline industry waging fierce price war in fall
South Korea's airline sector is meeting high travel demand during the extended Chuseok (Thanksgiving) holidays late this month by aggressively offer...
Sep 05, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai, LG to spend combined $7.6 bn to build EV, battery plants in US
Hyundai Motor Group and LG Energy Solution Ltd. will spend a combined $7.59 billion to build electric vehicle and battery cell plants in Georgia, th...
Sep 01, 2023 (Gmt+09:00)
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Electronics
Samsung offers guide to greener, smarter life with SmartThings
BERLIN – Concerned about extreme weather and skyrocketing energy bills? “Keep calm” and head to Berlin where Samsung Electronics C...
Sep 01, 2023 (Gmt+09:00)
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Korean chipmakers
Hanmi Semiconductor wins $31 mn order HBM equipment for SK Hynix
South Korean chip equipment company Hanmi Semiconductor Co. said on Friday that it has secured a 41.5 billion won ($31.4 million) deal with SK Hynix...
Sep 01, 2023 (Gmt+09:00)
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Artificial intelligence
Sapeon completes $45 mn series A funding
Sapeon, a South Korean artificial intelligence (AI) semiconductor company, announced on Wednesday that it has concluded a Series A funding round, ra...
Aug 30, 2023 (Gmt+09:00)
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Logistics
Doosan to provide logistics automation solutions to Nike Korea
Doosan Logistics Solutions Co. (DLS), a South Korean system integrator that provides turnkey solutions, announced on Tuesday that it has won Nike ...
Aug 29, 2023 (Gmt+09:00)
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Food & Beverage
Nestlé seeks to open Starbucks brand stores in Korea
Nestlé S.A., the world’s largest food company, is preparing to open small Starbucks brand stores in South Korea to attract budget-consc...
Aug 28, 2023 (Gmt+09:00)
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Electronics
Samsung to hire experienced foreign staff in R&D
Three affiliates of Samsung Group are looking to hire outstanding foreign researchers.Samsung Electronics Co., Samsung Display and Samsung SDI Co. o...
Aug 28, 2023 (Gmt+09:00)
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Retail
S.Korea's duty-free sector expects boom from Chinese tourists' return
South Korea's duty-free stores are over the moon thanks to the resumption of Chinese group tours after a hiatus of six years and five months, with m...
Aug 28, 2023 (Gmt+09:00)
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Blockchain
BC Card to develop NFT as used luxury item receipt
South Korea’s BC Card on Sunday said it has applied for two domestic patents for payment receipt-based non-fungible token (NFT) technology to ...
Aug 28, 2023 (Gmt+09:00)
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Korean startups
Korea Credit Data raises $75.7 million from Morgan Stanley
Korea Credit Data (KCD), a South Korean fintech startup focusing on small- and medium-sized enterprises (SMEs), has raised 100 billion won ($75.7 mi...
Aug 24, 2023 (Gmt+09:00)
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Regulations
More Korean FSS retirees find jobs in legal, financial biz
More retirees of the Financial Supervisory Service (FSS) are snagging new jobs at private companies such as the banks they regulated during their te...
Aug 23, 2023 (Gmt+09:00)
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Economy
Korea’s smaller firms embrace older, experienced workforce
South Korea’s liquid filtration system developer Neos Corp. has seven employees, all seasoned mechanical and electrical engineers in their 60s...
Aug 23, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom to enter generative AI market with large language model
SK Telecom announced on Wednesday that it will provide tailored generative AI services to businesses and public agencies using various advanced arti...
Aug 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's LG Uplus branches to offer travel services
South Korea's telecom service provider LG Uplus Corp. will start offering travel services at its offline branches. The company on Wednesday said it ...
Aug 10, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Samsung lukewarm on Arm IPO, questioning valuation
Samsung Electronics Co. is not keen to invest in SoftBank’s British chip design unit Arm, the valuation of which seems too high, according to ...
Aug 09, 2023 (Gmt+09:00)
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Automobiles
Kia launches exclusive care service for EV9
South Korea's Kia Corp. announced on Tuesday that it will begin exclusive EV9 care services. The company will offer after-sale services throughout t...
Aug 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Seoul Metro to develop communication system for foreign passengers
Foreign users of major subway stations in Seoul can communicate with Seoul Metro Corp. staff through simultaneous translation. Through artific...
Aug 08, 2023 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand