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  • Korean chipmakers
    Samsung 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)

  • Automobiles
    Automotive 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)

  • Future mobility
    Hyundai 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)

  • Earnings
    Kakao 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)

  • Retail
    South 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)

  • Economy
    KDI 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)

  • Asset management
    Barings 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)

  • Korean chipmakers
    SK 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)

  • Bio & Pharma
    JLK 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)

  • Energy
    Hyundai 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)

  • Artificial intelligence
    Hankook 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)

  • Electric vehicles
    POSCO 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)

  • Venture capital
    VCs 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)

  • Artificial intelligence
    Samsung 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)

  • Korean startups
    Goldman 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)

  • Tech, Media & Telecom
    Naver 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)

  • Food & Beverage
    SPC 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)