HD Hyundai Oilbank to supply petroleum products to Sunoco
South Korea's HD Hyundai Oilbank said on Tuesday it has extended a contract with US fuel distributor Sunoco LP to supply petroleum products next yea...
S.Korea’s semiconductor exports rebound in 1st 10 days of November
South Korea’s semiconductor exports rose in the first 10 days of November, reversing their 13-month downward trend, data show, raising the pro...
SK-backed social impact startups see higher corporate values
South Korean social impact startups backed by the country’s second-largest conglomerate SK Group enjoyed higher corporate values with two of t...
SK Hynix bets on DRAM upturn with $7.6 bn spending; HBM in focus
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., is significantly increasing its capital spending on ...
POSCO Int’l to invest $519 mn in EV parts output expansion
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., plans to spend 680 billion won ($519....
Samsung to feature AI-based real time translation in Galaxy
Samsung Electronics Co. announced on Thursday it plans to feature AI-based translation in its upcoming Galaxy AI smartphone. AI Live Translate Call ...
Netmarble sells 6% stake in BTS label HYBE in block deal
South Korea’s leading game developer Netmarble Corp. said on Tuesday it sold a 6% stake in HYBE Co., the music label behind K-pop sensation ...
S.Korea seeks to sell 29% in game giant Nexon's holding firm
The South Korean government is planning to sell off a 29.3% stake in Tokyo-listed game giant Nexon Co.’s holding firm NXC Corp. via a public b...
POSCO International, Lotte Energy in $4.4 bn battery materials supply deal
POSCO International Corp. has signed a 6 trillion won ($4.4 billion) deal to supply raw materials used to make copper foil, a battery component, to ...
STX starts exploration drilling at Indonesian nickel mine
South Korea’s general trading company STX Corp. has started works to probe the contents of known ore deposits at an Indonesian nickel mine it ...
Hyundai bets big on deep discounts to survive EV plateau
Hyundai Motor Co. is going all out to revive drivers’ interest in electric vehicles with significant price cuts in the US, the world’s s...
S.Korea sees record of beverage exports in Q1~Q3
South Korea's exports of beverages from Jan. to Sept. this year exceeded $500 million to break all-time record.Export data released on Thursday by t...
HD Hyundai joins $14 mn offshore wind power project
HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has joine...
Hyundai unveils world’s first commercial LTE train signaling system
Hyundai Rotem Co., a South Korean manufacturer of rolling stock, defense products and plant equipment, in a world first has commercialized a train s...
S.Korea releases winter schedule for weekly int’l flights
South Korea will expand its number of weekly flights this winter to Japan and Southeast Asia, two regions expected to have high demand that season, ...
S.Korea’s Q3 GDP up 0.6% on-quarter on recovery in exports
South Korea’s economy in the third quarter grew 0.6% from the previous quarter, extending a growth streak to three consecutive quarters on a r...
POSCO Int’l determined to outsmart Japanese trading firms
POSCO International Corp., the general trading and energy exploration unit of steel giant POSCO Holdings Inc., will step up its efforts to outsmart ...
SK Telecom launches call recording service for iPhone
South Korea’s SK Telecom Co. has rolled out an iPhone app using artificial intelligence (AI) that allows users to record calls on their smartp...
CS Wind eyes $2.2 bn sales in 2024 with Bladt
CS Wind Corp., a South Korean wind turbine tower manufacturer, expects its sales next year to double from last year’s to reach about 3 trillio...
Tesla supplier L&F to ink $15 bn materials deal in Europe
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., is set to sell products in Europe through an estimated $15 bi...
K-food, beauty franchise stores set for Laos foray
Laos’ largest private company Kolao Group has attracted about a dozen South Korean franchise operators to join its aggressive push into the So...
Hyundai Motor, PIF to invest $500 mn to build car plant in Saudi Arabia
RIYADH – Hyundai Motor Co. has agreed with the Public Investment Fund, Saudi Arabia’s sovereign fund, to set up a joint venture to build...
LS Materials seeks November listing in $60 mn IPO
LS Materials Co., a South Korean energy storage devices maker, on Monday submitted a securities report to the Korea Exchange for an initial public o...
SK Group needs agility to survive disruptions: chairman
South Korea's No. 2 conglomerate SK Group needs agile responses to rapidly changing business circumstances amid global geopolitical crises, C...
S.Korean airlines see 12.87 mn int’l passengers in Q3 2023
South Korean airlines’ international passenger traffic in the third quarter reached 85% of that over the same period in 2019, the year befor...
Tesla supplier L&F's precursor unit begins IPO process
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., has embarked on a process to list its subsidiary in the local...
KAI, Lockheed Martin to team up for large utility helicopter
Korea Aerospace Industries Ltd. (KAI) and the US-based Lockheed Martin Corp. have agreed to collaborate on entering the special operations large uti...
POSCO Int’l completes Mexico EV motor core plant for N.American market
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., concluded construction on an electric...
SK Telecom launches cloud cost management platform
South Korea's SK Telecom Co. on Wednesday announced the launch of Cloud Radar 2.0, its next-generation cloud management platform that leverages arti...
Kia holds first Global Distributors Convention in 5 years
South Korea's Kia Corp. held a global distributors convention for the first time in five years, sharing medium to long-term business strategies, inc...
