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  • Korean innovators at CES 2024
    Samsung, LG unveils cutting-edge TVs to firm dominance

    LAS VEGAS, NV -- Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV makers by sales, have introdu...

    Jan 08, 2024 (Gmt+09:00)

  • Artificial intelligence
    Upstage's AI beats global peers in benchmark math tests

    South Korean artificial intelligence tech startup Upstage said on Monday that its math-specific large language model (LLM), join...

    Jan 08, 2024 (Gmt+09:00)

  • Culture & Trends
    S.Korea needs 35,000 additional foreign workers: study

    The South Korean government plans to issue non-professional employment (E-9) visas to 165,000 foreign workers this year. However...

    Jan 08, 2024 (Gmt+09:00)

  • Shipping & Shipbuilding
    HD KSOE wins $240 mn order for two ammonia carriers

    HD Hyundai Heavy Industries has secured its second shipbuilding contract of the year. HD Korea Shipbuilding & Offshore Engi...

    Jan 08, 2024 (Gmt+09:00)

  • Infrastructure
    IGIS taps managing director Oh Taesuk as infrastructure head

    IGIS Asset Management Co., a leading real estate firm in South Korea, said last week it has tapped Oh Taesuk, a real asset exper...

    Jan 08, 2024 (Gmt+09:00)

  • Earnings
    LG Electronics posts record 2023 sales, Q4 profit misses forecasts

    LG Electronics Inc. on Monday posted record-high 2023 revenue thanks to robust sales of home appliances and vehicle components, ...

    Jan 08, 2024 (Gmt+09:00)

  • Mergers & Acquisitions
    H&Q, Aeneas PE put online retailer 11Street on the market

    H&Q Korea Partners and Hong Kong-based Aeneas Private Equity have put South Korea’s e-commerce platform 11Street Co. u...

    Jan 08, 2024 (Gmt+09:00)

  • Construction & Planning
    US tops Korea’s overseas construction orders in 2023

    South Korea bagged more than $30 billion in overseas construction orders last year for the fourth consecutive year, mainly drive...

    Jan 08, 2024 (Gmt+09:00)

  • Electric vehicles
    Hyundai to invest an additional $744 mn in Indian hydrogen biz

    Hyundai Motor Co., South Korea’s top automaker, is set to invest an additional $744 million in India for a hydrogen ecosys...

    Jan 08, 2024 (Gmt+09:00)

  • Research & Development
    KAIST, MIT jointly open Quantum Winter School

    The Korea Advanced Institute of Science and Technology (KAIST) announced on Monday that it is partnering with the Massachusett...

    Jan 08, 2024 (Gmt+09:00)

  • Korean food
    Fried chicken chain bhc enhances localized menus in SE Asia

    South Korean fried chicken chain bhc Chicken on Monday announced the opening of its third outlet in Singapore.bhc operates 10 st...

    Jan 08, 2024 (Gmt+09:00)

  • Shipping & Shipbuilding
    Korea’s Hanwha Ocean quits money-losing container shipbuilding business

    South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing containe...

    Jan 08, 2024 (Gmt+09:00)

  • Korean stock market
    S.Korea launches official probe into HSCEI-tied ELS sale

    South Korea’s financial authorities have opened an official probe into local banks and securities firms’ potential m...

    Jan 08, 2024 (Gmt+09:00)

  • Corporate strategy
    POSCO International to step up global expansion after hefty profits

    POSCO International Corp. will step up global expansion in 2024 with a focus on electric vehicle components, eco-friendly energy...

    Jan 08, 2024 (Gmt+09:00)

  • Airlines
    Asiana, Korea Univ. to jointly attract medical tourism

    South Korea's Asiana Airlines Inc. announced on Monday that it has partnered with Korea University Anam Hospital to promote medi...

    Jan 08, 2024 (Gmt+09:00)

  • Artificial intelligence
    LG Uplus invests $7.6 mn in 42Maru

    South Korea’s LG Uplus Corp. announced on Sunday that it has invested 10 billion won ($7.6 million) in 42Maru, a domestic ...

    Jan 08, 2024 (Gmt+09:00)