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Korean chipmakersSamsung to continue DRAM output cut until year-end; NAND recovery slow
Samsung Electronics Co., the world’s largest memory chipmaker, will continue its ongoing DRAM chip production cut at least...
Nov 09, 2023 (Gmt+09:00)
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AutomobilesAutomotive supplier Hanon Systems delivers Q3 earnings shock
South Korea's Hanon Systems Corp., a world-leading heat pump systems maker for automobiles, on Thursday reported worse-than-expe...
Nov 09, 2023 (Gmt+09:00)
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Future mobilityHyundai Motor's K-UAM One Team collaborates with Incheon
The "K-UAM One Team," an urban air mobility (UAM) consortium consisting of five companies, including Hyundai Motor, has announce...
Nov 09, 2023 (Gmt+09:00)
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EarningsKakao bets on AI bot for breakthrough
Kakao Corp., the operator of South Korea’s dominant chat app KakaoTalk, will seek a breakthrough with an artificial intell...
Nov 09, 2023 (Gmt+09:00)
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RetailSouth Koreans, frugal at home, open wallets abroad
Consumer spending in South Korea has been on the decline this year amid few signs of a near-term recovery. But when it comes to ...
Nov 09, 2023 (Gmt+09:00)
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EconomyKDI cuts Korea growth forecasts, ups inflation predictions
A South Korean government think tank has cut its growth forecast in Asia’s fourth-largest economy for this year and next b...
Nov 09, 2023 (Gmt+09:00)
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Asset managementBarings taps John Park as S.Korean asset management head
Barings LLC has appointed Chong Hak (John) Park as head and sole representative director of its South Korean asset management ar...
Nov 09, 2023 (Gmt+09:00)
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Korean chipmakersSK Hynix bets on DRAM upturn with $7.6 bn spending; HBM in focus
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., is significantly increasing its ...
Nov 09, 2023 (Gmt+09:00)
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Bio & PharmaJLK supplies AI stroke solutions to Philippines
JLK Inc., South Korea's stroke diagnosis specialist company, announced on Thursday it implemented two artificial intelligence (A...
Nov 09, 2023 (Gmt+09:00)
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EnergyHyundai E&C to form private-public partnership for US solar power
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C), Korea Midland Power Co., and the Korea Overseas Infr...
Nov 09, 2023 (Gmt+09:00)
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Artificial intelligenceHankook Tire develops AI-based EV customer analysis system
South Korea's Hankook Tire & Technology announced on Thursday that it has developed a voice of the customer (VOC) analysis s...
Nov 09, 2023 (Gmt+09:00)
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Electric vehiclesPOSCO Int’l to invest $519 mn in EV parts output expansion
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., plans to spend 68...
Nov 09, 2023 (Gmt+09:00)
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Venture capitalVCs give thumbs up to EV, parts/materials, travel tech
The venture capital funding crunch has continued through this year in South Korea but VCs have raised their stakes in select com...
Nov 09, 2023 (Gmt+09:00)
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Artificial intelligenceSamsung to feature AI-based real time translation in Galaxy
Samsung Electronics Co. announced on Thursday it plans to feature AI-based translation in its upcoming Galaxy AI smartphone. AI ...
Nov 09, 2023 (Gmt+09:00)
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Korean startupsGoldman Sachs lists Moloco CEO among exceptional entrepreneurs
Moloco Inc., a Silicon Valley-based ad-tech solution startup, said Wednesday that its co-founder and Chief Executive Ikkjin Ahn ...
Nov 09, 2023 (Gmt+09:00)
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Tech, Media & TelecomNaver Band surpasses 5 million MAU in US
South Korea’s Naver Corp. announced Thursday the monthly active user (MAU) of its community social networking platform Nav...
Nov 09, 2023 (Gmt+09:00)
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Food & BeverageSPC Samlip partners with H Mart to enter US market
SPC Samlip Corp, a unit of South Korea’s food and bakery giant SPC Group, announced on Thursday it signed a business agree...
Nov 09, 2023 (Gmt+09:00)