next-generation vessels
Scope
Date
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Electronics
With AI tech, Samsung Electronics on par with Apple: Han Jong-hee
MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end ...
Apr 17, 2024 (Gmt+09:00)
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Artificial intelligence
Korea's AI startup Upstage raises $72 mn for global expansion
Upstage, South Korea’s artificial intelligence startup, raised about 100 billion won ($72 million) in its latest funding round, which the comp...
Apr 16, 2024 (Gmt+09:00)
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Energy
Growing controversy over call to share profits for using wind energy
Renewable energy companies in South Korea are facing growing pressure to share their profits from wind or solar energy electricity generation, stirr...
Apr 16, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS hosts Startup Day in Silicon Valley
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it held the Startup Day i...
Apr 11, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to produce 290-layer V9 NAND to win chip stacking war
Samsung Electronics Co., the world’s largest memory chipmaker, is set to begin mass production of 290-layer ninth-generation vertical (V9) NAN...
Apr 11, 2024 (Gmt+09:00)
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Korean stock market
Korea’s 'Seven Tigers,' next hot stocks: Hyundai Motor Securities
Japan may have its Seven Samurai and the US its Magnificent Seven, but South Korea has "Seven Tiger" stocks thanks to the artificial intelligence ch...
Apr 09, 2024 (Gmt+09:00)
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Artificial intelligence
Ably launches virtual fitting AI service
South Korean fashion commerce platform Ably Corp. announced on Friday that it launched a new service The Shopping Mall-Specific Artificial Intellige...
Apr 05, 2024 (Gmt+09:00)
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Fiber & Textile
Hyosung TNC to invest $1 bn in new bio-fiber plants in Vietnam
Hyosung TNC Corp., the world’s top spandex maker, plans to invest $1 billion in new bio-textile materials plants in Vietnam to accelerate its ...
Apr 03, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem, Ansan City to team up for waste vinyl recycling
South Korea's LG Chem Ltd. has decided to recycle waste vinyl generated in Ansan, Gyeonggi Province, into plastic raw materials. The company announc...
Apr 03, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Globis wins long-term LNGC charter in Qatar
South Korea's Hyundai Glovis Co. announced on Monday that it has won a long-term charter for four liquefied natural gas carriers (LNGC) from QatarEn...
Apr 01, 2024 (Gmt+09:00)
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Batteries
Doosan joins hands with China’s CNGR for battery recycling
South Korea’s plant and machinery powerhouse Doosan Group has teamed up with China’s CNGR Advanced Material Co. to expand its electric v...
Mar 29, 2024 (Gmt+09:00)
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Corporate strategy
Hyundai Motor aims for next takeoff with $51 billion investment
Hyundai Motor Group plans to spend 68 trillion won ($51 billion) and hire 80,000 new employees over three years as South Korea’s top automaker...
Mar 27, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai boosts Genesis with enhanced performance, luxury
NEW YORK -- Hyundai Motor Co., South Korea’s top automaker, is set to boost its premium brand Genesis with performance models and more luxury ...
Mar 26, 2024 (Gmt+09:00)
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Logistics
CJ Logistics introduces LoIS Parcel system
South Korea's CJ Logistics announced on Tuesday that it completed the nationwide implementation of its next-generation parcel system LoIS Parcel.T...
Mar 26, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace selected as next-gen launcher operator
South Korea’s Hanwha Aerospace Co. announced on Wednesday that it was selected as the next-generation launch vehicle KSLV-III operator, follow...
Mar 21, 2024 (Gmt+09:00)
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Corporate governance
Lotte Group to give more authority to outside directors
Food-to-retail conglomerate Lotte will expand the authority of outside directors by separating the roles of chief executives and board chairs at its...
Mar 20, 2024 (Gmt+09:00)
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Artificial intelligence
S.Korea’s Liner, the world’s No. 4 generative AI web product
South Korea’s home-grown artificial intelligence service Liner was ranked the world’s fourth-most popular generative AI web product as t...
Mar 20, 2024 (Gmt+09:00)
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Korean games
Solo Leveling: Arise, Netmarble's webtoon-based game to spur turnaround
South Korean game developer Netmarble Corp. said on Tuesday it is set to launch “Solo Leveling: Arise” — a new title based on a po...
Mar 19, 2024 (Gmt+09:00)
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Aerospace & Defense
HD Hyundai Heavy to build next-gen second Aegis destroyer
South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., announced on Wednesday that it has begun construct...
Mar 13, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai strengthens eco-friendly remodeling vessels
South Korea's HD Hyundai Marine Solution said on Friday that it signed a contract with the Greece-based Neptune to deliver engine part load optimi...
Mar 08, 2024 (Gmt+09:00)
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Artificial intelligence
KT teams up with Amazon to bolster B2B generative AI
BARCELONA -- KT Corp., South Korea’s leading telecom services provider, said on Thursday it has signed a strategic partnership with Amazon Web...
Feb 29, 2024 (Gmt+09:00)
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Korean startups
Kakao Ventures invests in AI optimization startup Omelet
Kakao Ventures Corp. has made an undisclosed amount of seed investment into Omelet, a South Korean early stage startup developing industrial operati...
Feb 29, 2024 (Gmt+09:00)
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Chemical Industry
SK Enmove, UK’s Iceotope to develop coolant for SK Telecom’s data center
South Korea’s lube oil maker SK Enmove Co. has partnered with UK-based precision liquid cooling system specialist Iceotope Technologies Ltd. t...
Feb 28, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace, home of Korea’s next-generation space industry
CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry domi...
Feb 23, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia aim to raise Indian sales after record output
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, aim to raise sales by 4.2% in India this year after logging record vehi...
Feb 22, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis to supply Hadlima to US government
South Korea’s Samsung Bioepis and the US-based Organon, the local partner company of Samsung group's biopharmaceutical research and developmen...
Feb 21, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor Group in test run of dedicated EV plant in Korea
Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...
Feb 21, 2024 (Gmt+09:00)
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Electronics
Samsung, LG go head-to-head in washer-dryer combo market
Samsung Electronics Co. and LG Electronics Inc., South Korea’s tech giants, are in cut-throat competition to lead the all-in-one, single-drum,...
Feb 19, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus validates next-gen 5G SW platform tech
South Korea's LG Uplus Corp. announced on Thursday that it has completed the technology verification of next-generation software platforms with Eric...
Feb 15, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE teams up with Woodside, MOL on liquid hydrogen carrier
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is gearing up to develop and operate a vessel to ...
Feb 14, 2024 (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