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...

S.Korea's ETRI creates software for faster 5G using small cells

S.Korea's ETRI creates software for faster 5G using small cells

The Electronics and Telecommunications Research Institute (ETRI), a non-profit government-funded research institute in South Korea, said on Tuesday ...

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...

LG Uplus to provide infotainment service for Toyota's RAV4 PHEV

LG Uplus to provide infotainment service for Toyota's RAV4 PHEV

South Korean mobile telecom carrier LG Uplus Corp. has announced on Tuesday its plans to install its integrated infotainment (IVI) platform, the Upl...

LG Elec gets vehicle cyber security certification from German agency

LG Elec gets vehicle cyber security certification from German agency

LG Electronics Inc., a leading South Korean home appliance maker, said on Monday that it has obtained ISO/SAE 21434 certification for its vehicle co...

Samsung Electronics, Naver partner to create simple payment service

Samsung Electronics, Naver partner to create simple payment service

Samsung Electronics Co. and South Korea's Naver Financial have formed a simple payment service alliance in which users of Samsung Pay can make simpl...

Stock inflows to Korea slow on weak currency, valuation

Stock inflows to Korea slow on weak currency, valuation

A weaker South Korean currency and worries about valuation have deterred foreign investors’ appetite for local shares, casting expectations of...

Blind revamps job matching service to rival LinkedIn

Blind revamps job matching service to rival LinkedIn

Teamblind Inc., the developer of South Korea’s homegrown anonymous professional community app Blind, will reach out to a broader job-seeking p...

Lexus, Volvo: Koreans' top picks among foreign brands in after-sales service

Lexus, Volvo: Koreans' top picks among foreign brands in after-sales service

Lexus, the premium brand of Japanese carmaker Toyota Corp., offers the best after-sales service among imported cars in South Korea, followed by Swed...

LG Electronics expedites global B2B push with signage displays

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...

Three provincial airports in S.Korea offer direct flights to Mongolia

Three provincial airports in S.Korea offer direct flights to Mongolia

South Korea is expanding its number of flight connections with Mongolia.The Ministry of Land, Infrastructure and Transport on Sunday said it agreed ...

S.Korea's KT CS reports record sales in 2022

S.Korea's KT CS reports record sales in 2022

On Friday, KT Corp.'s customer service unit, KT CS, announced that its sales revenue for the previous year reached a record high of 591.6 billion wo...

SK Shieldus introduces EDR-specialized control, analysis services

SK Shieldus introduces EDR-specialized control, analysis services

South Korea's IT security service firm SK Shieldus made an announcement on Thursday that they will be providing control and operation, investigation...

S.Korea to lure global talent with high pay for space agency

S.Korea to lure global talent with high pay for space agency

South Korea is set to attract global talent with high salaries for a planned government space agency as the country aims to boost long-term growth i...

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...

Korea's Yoon presses banking, telecom sectors over inflation

Korea's Yoon presses banking, telecom sectors over inflation

South Korean President Yoon Suk-yeol on Wednesday called for measures to stabilize mounting price pressure caused by "oligopolies" in the banking an...

Korean sovereign wealth fund KIC logs record loss in 2022

Korean sovereign wealth fund KIC logs record loss in 2022

Sovereign wealth fund Korea Investment Corporation (KIC) posted the largest annual loss last year since its inception in 2005, according to its 20...

NHN Cloud joins Cloud Native Computing Foundation's KCSP program

NHN Cloud joins Cloud Native Computing Foundation's KCSP program

South Korea's NHN Cloud announced on Wednesday that it had become a Kubernetes Certified Service Provider (KCSP), which is a partner program created...

Kakao Mobility fined $20 million over unfair taxi-hailing service

 Kakao Mobility fined $20 million over unfair taxi-hailing service

Kakao Mobility Corp., South Korea’s largest taxi-hailing app operator, has been fined 25.7 billion won ($20.3 million) for discriminating agai...

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...

HK inno.N's GERD drug K-CAB gets approval in Mexico

HK inno.N's GERD drug K-CAB gets approval in Mexico

South Korea's biohealth company HK inno.N said on Tuesday that its gastroesophageal reflux disease (GERD) treatment K-CAB (active ingredient: tegopr...

LG Energy Solution tops global EV battery market excluding China

LG Energy Solution tops global EV battery market excluding China

South Korea's LG Energy Solution Ltd. for the second straight year was No. 1 on the global market for electric vehicle (EV) batteries excluding Chin...

Hyundai Motor offers Bluelink free to new customers in US

Hyundai Motor offers Bluelink free to new customers in US

Hyundai Motor Co. in a world first is offering lifetime membership of its connected car care service Bluelink free to new customers in the US, judgi...

Samsung, SK Hynix: key beneficiaries of ChatGPT fever

Samsung, SK Hynix: key beneficiaries of ChatGPT fever

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, stand to benefit from the global popularity of ChatGPT. ...

S.Korean AI chip developer Rebellions releases Atom SoC

S.Korean AI chip developer Rebellions releases Atom SoC

South Korean AI chip developer Rebellions Inc. announced on Monday the release of its AI chip Atom, a system-on-chip (SoC) designed for data centers...

LG provides electronics service training to Cambodian youths

LG provides electronics service training to Cambodian youths

LG Electronics Inc. said on Sunday that it is offering technology training to help talented Cambodian youths become more self-reliant.For four days ...

SK Telecom doubles capacity of its AI service's supercomputer Titan

SK Telecom doubles capacity of its AI service's supercomputer Titan

South Korea's SK Telecom Co. on Sunday said it had doubled the processing capacity of its supercomputer Titan, the brain of its artificial intellige...

KCC launches Korea’s first organic water-based fire-resistant paint

KCC launches Korea’s first organic water-based fire-resistant paint

South Korea's chemical and auto parts manufacturer KCC Corp. said on Thursday that it has launched the Firemask AQ Series, the first organic water-b...

S.Korea’s $4.7 bn next-generation destroyer project set as 2-way race between Hanwha Ocean, HD Hyundai IMM PE-owned Hanssem commits to sweeping treasury share cancellation to cope with govt mandate MBK Partners appoints Yon Sog Choi as partner; streamlines senior ranks South Korea opens broad special tax probe into Coupang after data breach Bulgari, Tiffany sales soar at Korean department stores as weak won draws big spenders home