one-touch automatic parking
Scope
Date
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Economy
S.Korea’s 20-somethings tighten belts due to high interest rates: report
The decline in consumption by 20-somethings due to benchmark interest rate hikes is over eight times greater than those in their 60s.Analysts blame ...
Apr 27, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis test-drives 'crab walking car' on public roads
South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...
Apr 24, 2023 (Gmt+09:00)
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Logistics
iMarket Korea, Taylor city in Texas sign MOU for business agreement
iMarket Korea, South Korean distributor of industrial materials, said on Friday that it has signed a memorandum of understanding (MOU) with th...
Apr 21, 2023 (Gmt+09:00)
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Electric vehicles
Samsung competes with Apple on rising non-terrestrial network market
The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls even in places wher...
Apr 18, 2023 (Gmt+09:00)
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Central bank
BOK chief says tightening not over after rate freeze
South Korea’s central bank chief on Tuesday defied market views that the monetary authority may have ended its tightening campaign, citing gro...
Apr 11, 2023 (Gmt+09:00)
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Energy
Hanwha inks largest supply deal for US community solar biz
South Korea’s Hanwha Solutions Corp. is set to sell 2.5 million modules to US community solar programs through the largest-ever supply deal fo...
Apr 07, 2023 (Gmt+09:00)
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Earnings
LG Energy’s Q1 profit soars on gains from US battery tax credits
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likely more than doubled,...
Apr 07, 2023 (Gmt+09:00)
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Korean food
S.Korea strikes deal with Ecuador to export pears
South Korea's Animal and Plant Quarantine Agency announced on Thursday that after 10 years of negotiations, the country has secured a deal with Ecua...
Apr 06, 2023 (Gmt+09:00)
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Bio & Pharma
Management dispute over S.Korea’s CTC Bio heats up
A management dispute over a South Korean pharmaceutical maker CTC Bio Inc. specializing in animal drugs is intensifying as another medical company h...
Apr 04, 2023 (Gmt+09:00)
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Food & Beverage
Mom's Touch signs franchise agreement with Mongolian firm
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it has signed a master franchise agreement with loca...
Apr 04, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha Vision participates in Asia's largest integrated security expo
Hanwha Vision (formerly known as Hanwha Techwin) announced on Thursday its participation in SECON 2023, the largest integrated security exhibition i...
Mar 30, 2023 (Gmt+09:00)
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Economy
S.Korea's household assets rise to record high in 2022
Average household net assets in South Korea in 2022 increased 10% to a record 456 million won ($350,000) from a year earlier, while it took longer...
Mar 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT, Amano Korea join hands to develop smart parking solutions
South Korean telecom operator KT Corp. announced on Wednesday that it has signed a business agreement with parking control system specialist Amano K...
Mar 22, 2023 (Gmt+09:00)
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Carbon neutrality
Hyundai Motor opens Habitat One exhibition in Seoul
Hyundai Motor Co. announced on Sunday that it will host a "Habitat One" exhibition at Hyundai Motor Studio Seoul in Gangnam, Seoul, showcasing a fut...
Mar 20, 2023 (Gmt+09:00)
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Corporate strategy
Doosan Group chief checks farm-construction equipment affiliate's strategy in US
South Korea’s Doosan Group on Sunday said its chairman Park Jeong-won visited the construction trade show ConExpo-Con-Agg in Las Vegas on Wedn...
Mar 20, 2023 (Gmt+09:00)
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Pension funds
S.Korea’s NPS taps investment strategy head as NY office chief
South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...
Mar 16, 2023 (Gmt+09:00)
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Artificial intelligence
CJ Group adopts AI-based copywriter for producing marketing content
South Korea's CJ Group on Tuesday said it will develop and run a personalized artificial intelligence (AI) copywriter that automatically produces ma...
Mar 14, 2023 (Gmt+09:00)
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Retail
Musinsa selected as one of Asia's most innovative companies
Musinsa, a fashion e-commerce platform based in South Korea, on Friday was named one of this year's "Top-10 Most Innovative Companies in Asia-Pacifi...
Mar 03, 2023 (Gmt+09:00)
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Electric vehicles
S.Korean EV charger maker lands $770 mn export deal in North America
South Korea's Moderntec, an electric vehicle (EV) charging solutions company, on Wednesday said it signed a three-year export contract with a partne...
Mar 02, 2023 (Gmt+09:00)
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Batteries
Korea’s L&F in $2.9 billion deal to supply battery material to Tesla
South Korea’s leading battery materials maker L&F Co. said on Tuesday it has signed a $2.91 billion deal to supply cathode, a key electric...
Feb 28, 2023 (Gmt+09:00)
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Tech, Media & Telecom
BC Card shows one-stop payment int'l network at MWC 2023
BC Card, the only credit card company from South Korea taking part in this year's Mobile World Congress (MWC) in Barcelona, Spain, is displaying at ...
Feb 28, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics expedites global B2B push with signage displays
LG Electronics Inc., South Korea’s electronics giant, is betting big on digital signage displays as part of its global B2B push to offset weak...
Feb 20, 2023 (Gmt+09:00)
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Robotics
Samsung Electronics, KAIST join forces to train robotics experts
Samsung Electronics Co. has partnered with the Korea Advanced Institute of Science and Technology (KAIST) to cultivate specialists in robotics. On M...
Feb 14, 2023 (Gmt+09:00)
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Bio & Pharma
Prestige Bio's Herceptin biosimilar proves equivalence in clinical trials
Prestige Biopharma, a South Korean biopharmaceutical developer, said on Tuesday that the final analysis of phase 3 clinical trial on the anti-cancer...
Feb 08, 2023 (Gmt+09:00)
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Entertainment
Extraordinary Attorney Woo drives KT Studio Genie's turnaround
KT Studio Genie Co., an entertainment arm of South Korea’s telecom giant KT Corp., posted its first annual profit last year, driven by the meg...
Feb 06, 2023 (Gmt+09:00)
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Korean food
Jay Park's Won Soju ready to land in United States
"Won Soju" launched by a South Korean rapper Jay Park will be exported to the United States. Liquor company Won Spirits said on Thursday that it has...
Feb 02, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's Woowa Brothers launches professional service robot affiliate
Woowa Brothers, the parent company of South Korea's food delivery app Baedal Minjok, on Wednesday spun off its professional service robot unit into ...
Feb 02, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $495 million order for two LNG ships
Samsung Heavy Industries Co., a leading South Korean shipbuilder, said on Wednesday it has won a 609.7 billion won ($495 million) deal to build two ...
Feb 01, 2023 (Gmt+09:00)
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Food & Beverage
One in 5 South Koreans claims Starbucks Rewards stars
Starbucks Korea saw members of its rewards program surpass 10 million this month, meaning that one in every five South Koreans is a registered membe...
Jan 31, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung hires two ex-Ericsson executives to lead network business
South Korea’s tech giant Samsung Electronics Co. has hired two former executives of Swedish telecom equipment maker Ericsson to boost its ne...
Jan 30, 2023 (Gmt+09:00)
Latest News
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