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Mergers & AcquisitionsHYBE cries foul over SM, Kakao’s undisclosed deal
HYBE Co., the label behind the global sensation BTS, is considering legal action to invalidate an undisclosed deal between SM En...
Feb 23, 2023 (Gmt+09:00)
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Business & PoliticsKT CEO Ku Hyeon-mo drops reelection bid as controversy flares
KT Corp. Chief Executive Ku Hyeon-mo has abandoned his ambitious bid to lead South Korea’s largest telecommunications comp...
Feb 23, 2023 (Gmt+09:00)
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Tech, Media & TelecomKorea’s LG CNS to enhance digital channel biz with Adobe
South Korea’s largest cloud computing service provider LG CNS Co. joined hands with US computer software company Adobe Inc...
Feb 23, 2023 (Gmt+09:00)
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Future mobilityKAIST, Hyundai sign agreement for high-speed self-driving research
The Korea Advanced Institute of Science & Technology (KAIST) announced that it would embark on research into high-speed auto...
Feb 23, 2023 (Gmt+09:00)
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Corporate investmentSK Networks to expand investment in tech firms for future growth
SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, will expand dire...
Feb 23, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor Group's 23 vehicle models win Editor's Choice Awards
Hyundai Motor Group made an announcement on Thursday, saying that its major vehicles had been selected as the best models at the...
Feb 23, 2023 (Gmt+09:00)
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Central bankBOK holds rates as it lowers growth, inflation forecasts
South Korea’s central bank held its policy interest rate unchanged on Thursday as it slashed forecasts for economic growth...
Feb 23, 2023 (Gmt+09:00)
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EnergyPOSCO International, Pertamina win gas exploration rights off Indonesia
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc...
Feb 23, 2023 (Gmt+09:00)
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EconomyAmCham pledges to make S.Korea Asia's top biz hub
The American Chamber of Commerce (AmCham) in South Korea on Thursday said it seeks to make the nation Asia's top business hub on...
Feb 23, 2023 (Gmt+09:00)
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Artificial intelligenceNaver, Creverse sign agreement for hyperscale AI education cooperation
Naver Corp., South Korea's largest search engine company, has signed an agreement with Creverse Co., an education company, to pr...
Feb 23, 2023 (Gmt+09:00)
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ElectronicsLG Electronics plans sales blitz on US market for induction ranges
LG Electronics Inc. this year has launched an all-out sales offensive for induction ranges and cooktops in the US, the world's l...
Feb 23, 2023 (Gmt+09:00)
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Cloud computingS.Korea's SK Broadband moves into public DaaS market
South Korea's leading broadband Internet access provider SK Broadband is moving into the public desktop-as-a-service (DaaS) mark...
Feb 23, 2023 (Gmt+09:00)
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Tech, Media & TelecomSamsung opens 5G pilot network to 4th largest mobile carrier in US
Samsung Electronics Co. announced on Thursday that it has successfully completed the opening of a 5th-generation mobile communic...
Feb 23, 2023 (Gmt+09:00)
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Aerospace & DefenseHanwha Aerospace secures tech to catch illegal drones using nets
South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The...
Feb 23, 2023 (Gmt+09:00)
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Travel & LeisureYanolja becomes Korea's first company to join UAE's Global Unicorn Center
South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company ...
Feb 23, 2023 (Gmt+09:00)
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Korean startupsSamsung’s old textile mill transformed into idea accelerating lab
Samsung Electronics Co. has opened its first regional C-Lab Outside campus in Daegu – where its founder Lee Byung-chull st...
Feb 23, 2023 (Gmt+09:00)
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Upcoming IPOsCar-sharing platform Humax Mobility begins IPO process
Humax Mobility, a South Korean car-sharing and parking platform operator, is aiming to become the second mobility service firm t...
Feb 23, 2023 (Gmt+09:00)
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Aerospace & DefenseS.Korea to spur defense sector tech with $1.5 bn R&D investment
South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, b...
Feb 23, 2023 (Gmt+09:00)
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Bio & PharmaS.Korea's EuBiologics to receive support from Gates Foundation
South Korea's biopharmaceutical company EuBiologics Co. announced on Wednesday that its meningococcal pentavalent conjugate vacc...
Feb 23, 2023 (Gmt+09:00)
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Future mobilityS.Korea's UAM project finalizes list of 46 participating companies
Forty-six companies in South Korea including three in mobile telecommunications are participating in the Korean-style urban air ...
Feb 23, 2023 (Gmt+09:00)
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Tech, Media & TelecomSK Telecom, NTT Docomo jointly publish technical white paper
SK Telecom Co. announced on Wednesday that it had published a technical white paper on 6G common requirements and 5G base statio...
Feb 23, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor begins Genesis GV70 EV production in US
Hyundai Motor Co. has commenced production of the Genesis GV70 electric vehicle in the United States. This marks the first local...
Feb 23, 2023 (Gmt+09:00)
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MetaverseS.Korea's LG Uplus opens children-specialized metaverse Kidstopia
LG Uplus Corp. announced on Thursday that it will be launching an open beta service of its metaverse "Kidstopia" at the end of t...
Feb 23, 2023 (Gmt+09:00)
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Private equityS.Korean investors eye VC, growth equity in tech: Adams Street
Many investors are questioning whether private markets will stay bullish amid uncertainty in 2023. The markets will continue to ...
Feb 23, 2023 (Gmt+09:00)