Seoul taps Mirae Asset's Park, Celltrion's Seo to co-lead $102 bn National Growth Fund

South Korea has asked two of its most prominent billionaire entrepreneurs – Mirae Asset Group Chairman Park Hyeon-joo and Celltrion founder Se...

Korea's culture‑tech wave begins with KPop Demon Hunters: LB Investment

Netflix’s mega-hit animated film KPop Demon Hunters has become a model of South Korea's cultural and technology innovation success as K-conten...

North Korean hacking group Lazarus blamed for $30 million crypto exchange Upbit heist

South Korean authorities have pinned responsibility for a 44.5 billion won ($30 million) hack on Upbit, the country’s largest cryptocurrency e...

SK Hynix turns HBM chips into snack chips in playful tie-up with 7-Eleven

If you’ve ever wondered what cutting-edge memory tastes like, SK hynix now has an answer — honey-banana. The chipmaker has teamed up wit...

Samsung bolsters technology leadership with engineer-heavy executive reshuffle

Samsung Electronics Co. has placed two of its most seasoned engineers, TM Roh and Jun Young-hyun, at the top of the company in dual leadership, unde...

S.Korea’s biosimilar giant Celltrion pledges $2.7 billion investment at home

South Korea’s Celltrion Inc. plans to invest 4 trillion won ($2.7 billion) in its domestic biopharmaceutical operations over the next three ye...

KIC on track for record year as US tech rally boosts returns

The Korea Investment Corp. (KIC) posted an 11.73% return on investments as of the end of September, buoyed by a sustained rally in US technology sto...

Samsung’s new Exynos AP chip to power half of Galaxy S26 series

Samsung Electronics Co. will equip about half of its upcoming Galaxy S26 flagship smartphones with its latest Exynos 2600 application processor (AP)...

Samsung to invest $110 mn in Grail to bring early-cancer test to Asia

Samsung Electronics Co. and Samsung C&T Corp. will invest $110 million in US biotech firm Grail Inc., marking one of the South Korean conglomera...

S.Korea’s beauty devices on a roll on record foreign medical spending

Shares of South Korea’s beauty device makers are soaring as foreign visitors flock to Seoul’s upscale Gangnam district, where luxury ski...

Samsung’s Android-powered XR headset to debut in October

Samsung Electronics Co. will finally launch its long-awaited extended reality (XR) device next week, upping the ante in a global XR race led by larg...

US data analytics giant Palantir CEO meets with Korean tech chiefs behind curtain

Alex Karp, chief executive of US data analytics giant Palantir Technologies Inc. on Tuesday held a string of tightly guarded meetings with the chief...

Korean investors splurge $1.24 bn on US tech, crypto in holiday risk frenzy

South Korean investors spent their weeklong Chuseok holiday Oct. 3-9 chasing risk rather than rest, splurging $1.24 billion on US tech and crypto as...

Korea Exchange to cut trading fees for 1st time in 2 decades as Kospi soars past 3500 to record high

The Korea Exchange (KRX) will slash stock trading fees by up to 40% in December, marking the first overhaul of its pricing structure since the bours...

US confirms B-1 visa, ESTA use for Korean engineers after Georgia detention

The US government has confirmed that South Korean engineers will be allowed to continue to work in the US under short-term business visas, easing co...

LG Electronics eyes completion of Indian unit’s IPO process by October

LG Electronics Inc. has moved ahead with the long-delayed initial public offering of its wholly owned Indian subsidiary, aiming to complete the proc...

OpenAI’s latest GPT-5 integrated into Korea’s top mobile chat app KakaoTalk

US artificial intelligence firm OpenAI Inc.’s latest generative AI platform GPT-5 will be available on KakaoTalk, South Korea’s No. 1 mo...

Lutnick urges S.Korea to accept deal or face steep tariffs as trade talks stall

NEW YORK – US Commerce Secretary Howard Lutnick said on Thursday that South Korea should either accept a bilateral framework trade deal struck...

S.Korea to scale up National Growth Fund to $110 bn with high-tech focus

South Korea will scale up the National Growth Fund to 150 trillion won ($110 billion) from the originally planned 100 trillion won to accelerate inv...

US says Georgia detainees will be ‘deported’ as Seoul sends charter plane to retrieve Koreans for ‘voluntary departure’

The US homeland security secretary has said foreign workers detained in last week’s immigration raid in Georgia will be “deported,&rdquo...

Google to blur South Korean security sites on mapping services

Google Inc. will remove geographic coordinates of South Korea’s security locations and blur sensitive sites on its maps and Google Earth to ad...

Car sharing: appealing option among Korean MZers as young drivers shun ownership

Owning a decent car was long a status symbol in South Korea, particularly among young people.Such days are gone. Now, those in their 20s and 30s, mo...

Shinhan Financial bets on stablecoins, AI in digital overhaul  

Shinhan Financial Group Co., South Korea’s largest financial firm, is stepping up efforts to integrate stablecoins and artificial intelligence...

Harman sells system integration unit to Wipro to sharpen audio focus

Harman International Industries Inc., wholly owned by Samsung Electronics Co., has sold its digital transformation solutions (DTS) unit to India&rsq...

Woori Bank opens Austin’s first Korean lender branch as US presence gathers pace

Woori Bank, a unit of Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has opened a branch in Austin, Tex...

Korean retail investors pile up Hong Kong shares on China tech surge

South Korean mom-and-pop investors are pouring into the Hong Kong stock market this year, chasing a rally in blue-chip Chinese tech names, with thei...

KT reports record operating profit on robust AI business in Q2

South Korea’s major mobile carrier KT Corp., which has picked artificial intelligence as its next growth engine, posted record-high quarterly ...

Samsung to produce Apple’s next-gen chips at US foundry plant

The global memory chip powerhouse Samsung Electronics Co. will produce chips for Apple Inc. at its semiconductor manufacturing facilities in the US,...

Naver, LG, SK, NC, Upstage named to build S.Korea’s sovereign AI model to challenge ChatGPT

South Korea has chosen five technology firms, including LG, Naver and SK Telecom Co., to spearhead the country’s flagship sovereign AI initi...

Samsung clinches $16.5 billion chipmaking deal from Tesla

Samsung Electronics Co., the world’s top memory chipmaker, has clinched a landmark contract chipmaking deal worth $16.5 billion from Tesla Inc...