-
AirlinesLessons from Korean Air’s botched mileage program reform
Korean Air Lines Co. has suspended a plan to revamp its mileage program after it drew harsh criticism from both its customers an...
Feb 21, 2023 (Gmt+09:00)
-
ElectronicsSamsung, LG ditch BOE in likely Apple deal for iPad Pro OLED panels
Samsung Display Co. and LG Display Co. will likely win orders from Apple Inc. to build organic light-emitting diode (OLED) displ...
Feb 21, 2023 (Gmt+09:00)
-
BatteriesSK On resumes Ford F-150 Lightning battery production line
SK On Co., the world’s fifth-largest battery maker, on Monday resumed operations of the cell production line for Ford Moto...
Feb 21, 2023 (Gmt+09:00)
-
SteelPOSCO decides to build electric furnace at Gwangyang Works
South Korea’s leading steelmaker POSCO on Tuesday said it will begin its transition to a low-carbon production system by b...
Feb 21, 2023 (Gmt+09:00)
-
Korean startupsCJ Investment fosters Korean startups to discover new growth engines
CJ Investment, the corporate venture capital arm of CJ Corp., announced on Tuesday its plans to foster promising South Korean st...
Feb 21, 2023 (Gmt+09:00)
-
Central bankBOK sees interest rate as tight amid continued drop in exports
South Korea’s central bank said on Tuesday it regards the current interest rate as tight, suggesting the monetary authorit...
Feb 21, 2023 (Gmt+09:00)
-
Korean startupsPatty-cooking robotics startup Aniai completes seed funding
Aniai Inc., a foodservice robotics developer founded by a South Korean, said on Feb. 21 it has attracted $3 million via a seed f...
Feb 21, 2023 (Gmt+09:00)
-
Food & BeverageKyochon sets sights on Western expansion with Canadian franchise deal
Kyochon F&B, the operator of South Korea's premier fried chicken brand Kyochon Chicken, said on Tuesday that it has secured ...
Feb 21, 2023 (Gmt+09:00)
-
Korean chipmakersSamsung eyes wider foundry client base with Ambarella deal
Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it will manufacture automotive chips for US...
Feb 21, 2023 (Gmt+09:00)
-
AutomobilesLG Uplus to provide infotainment service for Toyota's RAV4 PHEV
South Korean mobile telecom carrier LG Uplus Corp. has announced on Tuesday its plans to install its integrated infotainment (IV...
Feb 21, 2023 (Gmt+09:00)
-
Tech, Media & TelecomKT succeeds in developing core equipment for 5G-specialized networks
KT Corp., a South Korean telecom service operator, has successfully developed equipment that embodies the core technology of 5G-...
Feb 21, 2023 (Gmt+09:00)
-
LogisticsCJ Logistics opens office in Poland to beef up European business
CJ Logistics said on Tuesday that it has opened an office in Wroclaw, Poland’s largest industrial city located in the sout...
Feb 21, 2023 (Gmt+09:00)
-
ESGS.Korea's HMM establishes system for recycling waste ropes
South Korea's HMM Co. announced on Tuesday that it had signed a business agreement with Foresys, a company specializing in marin...
Feb 21, 2023 (Gmt+09:00)
-
AutomobilesLG Elec gets vehicle cyber security certification from German agency
LG Electronics Inc., a leading South Korean home appliance maker, said on Monday that it has obtained ISO/SAE 21434 certificatio...
Feb 21, 2023 (Gmt+09:00)
-
EarningsKorea's Hansol Technics enjoys profit on chip equipment unit
Hansol Technics Co., a South Korean company that makes modules for liquid crystal display (LCD) and solar panels, boosted earnin...
Feb 21, 2023 (Gmt+09:00)
-
BatteriesWill CATL’s bargain sales hurt Korean EV battery makers?
China’s Contemporary Amperex Technology Co. (CATL), the leading global electric vehicle battery manufacturer, has started ...
Feb 21, 2023 (Gmt+09:00)
-
Mergers & AcquisitionsKosdaq-listed Daebo Magnetic’s 46% stake up for sale, its shares swing
South Korea’s leading secondary battery equipment player Daebo Magnetic Co. is set to sell its owner family’s contro...
Feb 21, 2023 (Gmt+09:00)
-
Carbon neutralityHyundai Dream Tour partners with Air France-KLM for eco-friendly fuel
On Monday, Hyundai Dream Tour, a travel company affiliated with Hyundai Department Store Group, announced a partnership with Air...
Feb 21, 2023 (Gmt+09:00)
-
ConstructionS.Korea's Samsung C&T wins 2023 Asia Design Prize
On Monday, Samsung C&T Corp.'s construction division announced that Dongrae Raemian iPark in Busan, South Korea, a project i...
Feb 21, 2023 (Gmt+09:00)
-
ESGSK Chemicals joins global initiative to cut carbon emissions
South Korea's SK Chemicals said on Monday that it has joined a global initiative that aims to set science-based targets for redu...
Feb 21, 2023 (Gmt+09:00)
-
FintechSamsung Electronics, Naver partner to create simple payment service
Samsung Electronics Co. and South Korea's Naver Financial have formed a simple payment service alliance in which users of Samsun...
Feb 21, 2023 (Gmt+09:00)
-
Electric vehiclesSK Signet lands first order in UK worth $7.7 million
South Korea's SK Signet Inc., which produces ultra-fast chargers for electric vehicles (EVs), on Monday said its European branch...
Feb 21, 2023 (Gmt+09:00)
-
Bio & PharmaGC Biopharma gets WHO pre-qualification approval for chickenpox vaccine
South Korea's GC Biopharma Corp. is set to regain the No. 1 spot in global production of chickenpox vaccines after earning quali...
Feb 21, 2023 (Gmt+09:00)