Number of Netflix users in S. Korea drops 30% in a year

Number of Netflix users in S. Korea drops 30% in a year

The number of Netflix users in South Korea has decreased by more than 30% in the past year since the recovery from COVID-19. According to Byun Jae-...

Korean game sector looks to cute girls to lure new users

Korean game sector looks to cute girls to lure new users

South Korea’s game makers rushed to launch games with cute girl characters to allure fans of Japanese animation as cartoons for the subculture...

South Korea's Kosdaq Global Index set to add more stocks

South Korea's Kosdaq Global Index set to add more stocks

Financial investment sources on Wednesday said Korea Exchange on March 31 conducted a regular review on listing more companies on the Kosdaq Global ...

Budget Galaxy A34 5G to be released in domestic market

Budget Galaxy A34 5G to be released in domestic market

Samsung Electronics Co. announced on Thursday that it will release the budget smartphone Galaxy A34 5G in the domestic market starting tomorrow.The ...

LINE, Mizuho call off plan to set up mobile-only bank in Japan

LINE, Mizuho call off plan to set up mobile-only bank in Japan

LINE Corp. and Mizuho Financial Group’s plan to introduce an internet-only bank in Japan has fallen through about five years after they unveil...

CJ undertakes educational programs for ethnic minorities in Vietnam

CJ undertakes educational programs for ethnic minorities in Vietnam

South Korea's CJ Group announced on Wednesday that it will undertake a "Second Girls Education Project" for the Vietnamese ethnic minority.The proje...

Goobne Chicken signs franchise contract with Texas-based company

Goobne Chicken signs franchise contract with Texas-based company

Goobne Chicken, an oven-baked chicken brand operated by GN Food Corporation of South Korea, announced on Thursday that it had signed a master franch...

ISS, Glass Lewis urge shareholders to veto activist fund's requests on JB

ISS, Glass Lewis urge shareholders to veto activist fund's requests on JB

Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. are urging shareholders of JB Financial Group Co., a South Ko...

LG Electronics showcases new products in Dubai

LG Electronics showcases new products in Dubai

LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...

LG Electronics opens R&D corporation in Hanoi, Vietnam

LG Electronics opens R&D corporation in Hanoi, Vietnam

LG Electronics Inc. will upgrade its research and development (R&D) center in Vietnam to an official corporation and boost its electric vehicle ...

Number of commercial building transactions in Seoul hits all-time low

Number of commercial building transactions in Seoul hits all-time low

The number of commercial and office building transactions in Seoul hit an all-time low in January.Realty Planet, a big data-based commercial real es...

SK Square’s Swiss unit joins EU quantum satellite project

SK Square’s Swiss unit joins EU quantum satellite project

A Swiss company owned by South Korea’s SK Square Co. has joined a European project to develop a quantum communications satellite, the company ...

BOK chief defies rate cut calls amid sustained inflation

BOK chief defies rate cut calls amid sustained inflation

South Korean central bank chief on Tuesday defied calls for an interest rate cut this year despite growing risks of a recession in Asia’s four...

S.Korean fashion brands rush to China for pent-up demand

S.Korean fashion brands rush to China for pent-up demand

South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...

S.Korea's KGC to spur ginseng sales in China with state-run CR Group

S.Korea's KGC to spur ginseng sales in China with state-run CR Group

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., is set to accelerate sales of its ginseng products across Chin...

Dubai delegation conducts due diligence on Medytox's plant in Korea

Dubai delegation conducts due diligence on Medytox's plant in Korea

South Korea's biopharmaceutical firm Medytox Inc. said on Monday that a high-level delegation led by Dubai Science Park (DSP) under Dubai's state-ow...

Activist fund Tcha Partners calls for Namyang Dairy to buy back shares

Activist fund Tcha Partners calls for Namyang Dairy to buy back shares

Seoul-based activist fund Tcha Partners Asset Management Co. on Monday demanded that South Korea’s Namyang Dairy Products Co. buy back half of...

Hyundai Elevator cuts breakdowns with AI prediction technology

Hyundai Elevator cuts breakdowns with AI prediction technology

South Korea’s No. 1 elevator maker Hyundai Elevator Co. said on Monday it had reduced the number of stoppages and breakdowns of its elevators ...

Samsung Electro-Mechanics unveils chip substrate for autonomous driving

Samsung Electro-Mechanics unveils chip substrate for autonomous driving

Samsung Electro-Mechanics Co. has developed an advanced semiconductor substrate for autonomous driving, which is expected to drive the top South Kor...

US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle

US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle

Following its lawsuit against Daewoong Pharmaceutical, South Korea's Medytox Inc. is waging an all-out legal war against domestic counterpart Hugel ...

KT CEO Ku Hyeon-mo drops reelection bid as controversy flares

KT CEO Ku Hyeon-mo drops reelection bid as controversy flares

KT Corp. Chief Executive Ku Hyeon-mo has abandoned his ambitious bid to lead South Korea’s largest telecommunications company for another thre...

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company to join the Global U...

Ssangyong E&C completes construction of Dubai's Atlantis The Royal

Ssangyong E&C completes construction of Dubai's Atlantis The Royal

Ssangyong Engineering & Construction announced on Tuesday the successful completion of "Atlantis The Royal," an ultra-luxury hotel in Dubai, the...

Samsung eyes wider foundry client base with Ambarella deal

Samsung eyes wider foundry client base with Ambarella deal

Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it will manufacture automotive chips for US chip designer Ambar...

KTO steps up Korean tourism promotion in Saudi Arabia

KTO steps up Korean tourism promotion in Saudi Arabia

The Ministry of Culture, Sports and Tourism, along with the Korea Tourism Organization (KTO), are accelerating their efforts to promote Korean touri...

Webtoon starring Netmarble's girl group MAVE coming soon

Webtoon starring Netmarble's girl group MAVE coming soon

Netmarble Corp. announced that the webtoon "MAVE: Another World," based on the virtual girl group, will be available on KakaoPage and Kakao Webtoon ...

Hyundai Elevator's open API sees rapid expansion of participants

Hyundai Elevator's open API sees rapid expansion of participants

Hyundai Elevator Group announced on Tuesday that its open API (application programming interface), which was launched in March last year, has seen r...

Hyundai Motor Group ranks first in US vehicle dependability study

Hyundai Motor Group ranks first in US vehicle dependability study

Hyundai Motor Group has once again topped the U.S. Vehicle Dependability Study (VDS) conducted by J.D. Power, ranking first among 16 global automoti...

KT under pressure for transparency, fairness to pick new CEO, again

KT under pressure for transparency, fairness to pick new CEO, again

  South Korea’s leading telecommunications company KT Corp. will pick a new chief executive after it came under fire over its CEO select...

Humasis participates Dubai MEDLAB Middle East 2023

Humasis participates Dubai MEDLAB Middle East 2023

South Korean medical devices maker, Humasis Co., is participating in the MEDLAB Middle East 2023 event taking place at the Dubai World Trade Center ...

LG links up with Chinese rivals for budget appliance supremacy Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single Jump tops Spotify daily chart K-content goes cultural: KPop Demon Hunters sparks heritage K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant