state-run utility
Scope
Date
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Economy
Korea’s consumer inflation reaches 3.6% in 2023 on high utilities
South Korea’s consumer prices rose 3.6% this year, driven by the biggest jump in utility bills since 2010 and high inflation in agricultural p...
Dec 29, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea’s besieged mobile carriers grapple with OTT players’ rate hikes
South Korea’s telecommunications companies, besieged by the onslaught of foreign over-the-top (OTT) players such as Netflix and YouTube, are g...
Dec 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, Thales jointly strengthen 5G security
South Korea's SK Telecom Co. announced on Tuesday that it collaborated with global data security company Thales for 5G security.According to the com...
Dec 19, 2023 (Gmt+09:00)
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Korean games
NCSOFT, Obigo to jointly develop car AI services
South Korea's major game developer and publisher NCSOFT Corp. announced on Monday that it signed a memorandum of understanding (MOU) with the domest...
Dec 18, 2023 (Gmt+09:00)
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Retail
Lotte extends Brisbane Airport duty-free shop operations until 2034
Lotte Duty Free, South Korea’s largest duty-free business operator, said on Sunday it has extended its operating rights for a duty-free shop a...
Dec 17, 2023 (Gmt+09:00)
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Private equity
KKR promotes Keith Kim in Seoul office to partner
KKR & Co. Inc. has promoted Keith Kim (Kim Yang-han), managing director at the private equity giant’s Seoul office, to partner.Kim, who ma...
Dec 15, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor Group to be named NACTOY 2024
Hyundai Motor Group confirmed its victory in the utility vehicle category of "North American Car, Truck and Utility Vehicle (NACTOY) of the Year 202...
Dec 13, 2023 (Gmt+09:00)
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Chemical Industry
Samyang launches industrial water treatment products
South Korean chemical and food company Samyang Corp. announced on Monday that it released new industrial water treatment materials Triraite Reverse ...
Dec 11, 2023 (Gmt+09:00)
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Korean games
Cookie Run: Kingdom to launch in China on Dec 28
South Korean game developer DevSisters Corp. announced on Friday that its globally popular mobile game “Cookie Run: Kingdom” will offici...
Dec 08, 2023 (Gmt+09:00)
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Batteries
Samsung SDI forms ASB commercialization team
South Korea’s Samsung SDI Co. formed a new team to promote the commercialization of the all-solid-state battery (ASB), the so-called “ba...
Dec 07, 2023 (Gmt+09:00)
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Artificial intelligence
Innocean forms GenAI team
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it formed a new task force team...
Dec 06, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace to export more K9 howitzer to Poland
Hanwha Aerospace Co. announced on Monday that it signed a $2.6 billion executive contract with the Polish State Armament Agency to export additional...
Dec 04, 2023 (Gmt+09:00)
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Bio & Pharma
KAIST, IVI to collaborate on global vaccine research
The Korea Advanced Institute of Science & Technology (KAIST) announced on Thursday that it signed a memorandum of understanding (MOU) with the I...
Nov 23, 2023 (Gmt+09:00)
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Infrastructure
S.Korea to develop Batam airport as Indonesia's air hub
BATAM – State-run Incheon International Airport Corp. (IIAC) is accelerating the growth of Hang Nadim International Airport in Batam, Indonesi...
Nov 23, 2023 (Gmt+09:00)
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Fintech
Toss Pay expands on-site payment in 42 countries
Toss Pay, the convenient payment service of South Korea's mobile financial platform Toss, said on Monday it has expanded its overseas on-site paymen...
Nov 20, 2023 (Gmt+09:00)
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Batteries
LG Chem, SNU to jointly develop next-generation material
South Korea's LG Chem Ltd. partnered with Seoul National University (SNU) to develop next-generation material technologies, including pivotal materi...
Nov 17, 2023 (Gmt+09:00)
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Batteries
SK On, BASF tie up for EV battery materials business
SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...
Nov 15, 2023 (Gmt+09:00)
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Food & Beverage
Diageo to open Asia’s first pop-up store in Seoul
London-based global alcoholic beverage company Diageo announced on Wednesday it will open a pop-up store in Garosu-gil, Sinsa-dong, Gangnam, S...
Nov 15, 2023 (Gmt+09:00)
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Electronics
LG Elec’s vehicle systems plants running above full capacity
LG Electronics Inc.'s automotive electronics production plants have surpassed 100% of their operating rate this year as of the end of September.Acco...
Nov 15, 2023 (Gmt+09:00)
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Construction & Planning
POSCO Int'l to build facility for modular in Ukraine
South Korea's POSCO International Corp. announced on Wednesday it plans to build a facility for modular in Ukraine. The company's Vice Chairman...
Nov 15, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT says farewell to telegraph after a century of service
KT Corp., a leading South Korean telecom company, will end its telegraph service, once the fastest means of long-distance communication, after the c...
Nov 15, 2023 (Gmt+09:00)
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Food & Beverage
Mom's Touch Tokyo pop-up store visitors exceed 30,000
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday its pop-up store in Shibuya, Tokyo, Japan successfully con...
Nov 10, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT to develop smart city in Indonesia's new capital
South Korea's KT Corp. plans to apply smart city technologies such as quantum communication and cybersecurity to Nusantra, the new administrative ca...
Nov 01, 2023 (Gmt+09:00)
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Bio & Pharma
Theraject Asia applies for microneedle patent in US
South Korean microneedle company Theraject Asia on Thursday said it recently applied for a US patent for a medical microneedle, specifically a const...
Oct 27, 2023 (Gmt+09:00)
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Artificial intelligence
POSCO DX develops AI-based roadkill prevention system
POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc. announced on Wednesday it developed an artificial intelligen...
Oct 25, 2023 (Gmt+09:00)
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ASK 2023
KIC eyes private debt, infrastructure in era of high interest rates
Sovereign wealth fund Korea Investment Corp. (KIC) is eyeing infrastructure and private debt in the era of higher-for-longer interest rates, while m...
Oct 25, 2023 (Gmt+09:00)
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Machinery
Daedong unveils self-running combine harvester
South Korea's leading agricultural machinery maker Daedong Corp. has released the nation’s first combine harvester, a machine that cuts and th...
Oct 20, 2023 (Gmt+09:00)
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Energy
NJ certifies Taihan Cable as major power grid supplier
South Korean fiber optic cable manufacturer Taihan Cable & Solution Co. on Thursday said it has been certified as a major power grid supplier by...
Oct 19, 2023 (Gmt+09:00)
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Aerospace & Defense
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...
Oct 18, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung vows to up memory chip density to 'extreme levels'
Samsung Electronics Co.'s memory chip head said on Tuesday the world’s top memory chipmaker will increase the memory density of its DRAM and N...
Oct 17, 2023 (Gmt+09:00)
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