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Labor unionLabor union threatens to shame Samsung Elec in show of brinkmanship
Samsung Electronics Co.'s biggest labor union under one of South Korea’s two major trade unions is objecting to the latest...
May 09, 2023 (Gmt+09:00)
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ElectronicsSamsung’s H2 new tablet launch to close gap on market leader iPad
Samsung Electronics Co., the second-largest player in the global tablet market, is aiming to narrow the gap with industry leader...
May 09, 2023 (Gmt+09:00)
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Bio & PharmaLemonex signs MOU with WHO mRNA vaccines tech hub
South Korea's gene therapeutics developer Lemonex announced on Tuesday that it has signed a memorandum of understanding (MOU) wi...
May 09, 2023 (Gmt+09:00)
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Business & PoliticsHyundai Motor, Kia to receive 25% tax credit for EV plant spending
ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its pla...
May 09, 2023 (Gmt+09:00)
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Bio & PharmaHuons sees tripling of lidocaine vial output in 3 years
South Korea’s Huons Co., an anesthetics vial producer, aims to triple its lidocaine output from 2026, targeting the US mar...
May 09, 2023 (Gmt+09:00)
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Shipping & ShipbuildingKorean shipyards to benefit from record LNG carrier prices
South Korean shipbuilders are expected to benefit from record liquefied natural gas (LNG) carrier prices while bagging more orde...
May 09, 2023 (Gmt+09:00)
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RoboticsS.Korean kitchen robot startup Wave attracts $3 mn investment
South Korea's kitchen robot startup Wave Lifestyle Technologies announced on Tuesday that it has raised a Series A1 investment o...
May 09, 2023 (Gmt+09:00)
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Artificial intelligenceVirtual human YT debuts as SSG.COM’s shopping host
SSG.COM, the e-commerce brand of South Korean retail giant Shinsegae Inc., announced on Tuesday that virtual human YT has been n...
May 09, 2023 (Gmt+09:00)
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MetaverseSK Telecom launches Seoul, LA tours in metaverse
SK Telecom Co., South Korea's top mobile carrier, said Monday it has created a virtual space of tourist attractions on its metav...
May 09, 2023 (Gmt+09:00)
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AirlinesIntense competition in S.Korea's LCC sector fuels zero-won tickets
South Korea's low-cost carriers (LCCs) since last month have waged an intense competition with the recovery of the overseas trav...
May 09, 2023 (Gmt+09:00)
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SteelHyundai Steel launches online mall Hcore Store
South Korea's Hyundai Steel on Tuesday said it launched the e-commerce platform Hcore Store on a pilot basis to boost domestic s...
May 09, 2023 (Gmt+09:00)
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Beauty & CosmeticsS.Korea’s beauty brand Laneige enters UK, Middle East market
Amorepacific Corp.'s cosmetic brand Laneige announced on Tuesday that it is accelerating its global business expansion by enteri...
May 09, 2023 (Gmt+09:00)
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RoboticsHyundai, IGIS sign deal to develop robot-friendly buildings
Hyundai Motor Group said on Tuesday that it has signed a business agreement with IGIS Asset Management Co., the largest real est...
May 09, 2023 (Gmt+09:00)
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Korean gamesS.Korea's game companies wage intense war in MMORPG sector
South Korea's massively multiplayer online role-playing games (MMORPG), a mainstream genre in domestic games, is showing signs o...
May 09, 2023 (Gmt+09:00)
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EarningsPoshmark powers Naver earnings; HyperCLOVA X the next booster
South Korea’s online giant Naver Corp. reported better-than-expected quarterly earnings thanks to strong sales of Poshmark...
May 09, 2023 (Gmt+09:00)
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Mergers & AcquisitionsKyobo Life in final talks to buy Kakao Pay Insurance
South Korea’s third-largest life insurer Kyobo Life Insurance Co. is in the final stages of talks to buy Kakao Pay Insuran...
May 09, 2023 (Gmt+09:00)
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ConstructionGS E&C apologizes for collapse of apartment parking lot
GS Engineering & Construction Co. made an official apology on Tuesday for the collapse of a structure in an underground park...
May 09, 2023 (Gmt+09:00)
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Korean stock marketMoney moves from US, China to India for higher returns
For investors looking for higher returns in emerging markets, India is undoubtedly a market darling.The Asian country, widely ex...
May 09, 2023 (Gmt+09:00)
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AirlinesKorean Air to launch in-flight wi-fi service for int'l routes
Korean Air Lines Co. announced on Tuesday that it will begin in-flight wi-fi service on selected international routes starting f...
May 09, 2023 (Gmt+09:00)
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AutomobilesHankook Tire takes on market for high-end sports cars
South Korea's Hankook Tire & Technology is reinforcing its partnerships with makers of high-performance sports cars based on...
May 09, 2023 (Gmt+09:00)
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Mergers & AcquisitionsCelltrion drops bid to acquire Baxter’s biopharm unit
Celltrion Inc. announced on Tuesday it has decided not to pursue the acquisition of the biopharmaceutical unit of U.S. medical d...
May 09, 2023 (Gmt+09:00)