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BatteriesKorean firms scurry to expand nickel, lithium supply chains
South Korea’s leading companies such as SK, POSCO, LG and LX are scurrying to expand their supply chains for lithium and n...
Feb 24, 2023 (Gmt+09:00)
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Korean chipmakersSamsung, SK Hynix face cap on tech level of chips made in China
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be una...
Feb 24, 2023 (Gmt+09:00)
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SteelDongkuk Steel to develop carbon-saving hyper electric furnace
Dongkuk Steel Mill Co. has begun its research on carbon emission-reducing hyper-electric furnace processes.The company announced...
Feb 24, 2023 (Gmt+09:00)
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InsuranceDB Insurance acquires Vietnam's 10th largest insurer VNI
DB Insurance has acquired Vietnam National Aviation Insurance (VNI), Vietnam's 10th-largest property and casualty(P&C) insur...
Feb 24, 2023 (Gmt+09:00)
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Shareholder activismS.Korea’s KT&G engulfed in lawsuit against activist funds
The world’s fifth-largest tobacco maker KT&G’s battle against activist investors intensified as a group of funds...
Feb 24, 2023 (Gmt+09:00)
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Bio & PharmaKorea's Daewoong to export diabetes drug Envlo to Brazil, Mexico
South Korea’s Daewoong Pharmaceutical Co. said on Feb. 24 it is set to embark on global sales of Envlo, a new drug for d...
Feb 24, 2023 (Gmt+09:00)
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AirlinesKorean Air, KIMS jointly develop stealth aircraft materials and parts
Korean Air and The Korea Institute of Materials Science (KIMS) have agreed to cooperate in developing aircraft materials and par...
Feb 24, 2023 (Gmt+09:00)
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EnergyKHNP, Westinghouse in talks to resolve Poland reactor dispute
Korea Hydro & Nuclear Power Co. (KHNP) and Westinghouse Electric Co. are in negotiations to settle their dispute over reacto...
Feb 24, 2023 (Gmt+09:00)
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ElectronicsSamsung introduces Neo QLED, OLED core technologies in Europe
Samsung Electronics Co. announced on Friday about hosting the 2023 European Tech Seminar in Frankfurt, Germany, for two days fro...
Feb 24, 2023 (Gmt+09:00)
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Aerospace & DefenseKAI inks deal to export 18 FA-50s to Malaysia
Korea Aerospace Industries Ltd. (KAI) has secured a deal to export eighteen FA-50 light fighter jets to Malaysia for a sum of $9...
Feb 24, 2023 (Gmt+09:00)
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Food & BeveragePOSCO Int'l, Daesang sign MOU to cooperate in food business
POSCO International, South Korea's largest general trading company, announced on Friday that teams up with Daesang Corp. in the ...
Feb 24, 2023 (Gmt+09:00)
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Carbon neutralityLowCarbon, Space Florida sign agreement to build hydrogen hub
LowCarbon, South Korea's climate tech company, has signed an agreement on Thursday with Space Florida and Ocean Green Hydrogen, ...
Feb 24, 2023 (Gmt+09:00)
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Korean chipmakersSamsung unveils new Exynos mobile chips for midrange smartphones
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled a duo of new Exynos mobile application process...
Feb 24, 2023 (Gmt+09:00)
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Debt financingAffinity refinances $130 mn debt as Burger King sale delayed
Affinity Equity Partners has refinanced 170 billion won ($130 million) in debt borrowed to acquire Burger King’s operation...
Feb 24, 2023 (Gmt+09:00)
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MetaverseCom2Verse, Microsoft sign agreement for metaverse cooperation
Com2Verse, a subsidiary of the metaverse division of Com2uS Studios, announced on Friday its collaboration with Microsoft Korea ...
Feb 24, 2023 (Gmt+09:00)
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Korean stock marketS.Korean firms with focus on emerging Asia to shine
South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as ...
Feb 24, 2023 (Gmt+09:00)
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Chemical IndustryPOSCO Chemical changes name to POSCO Future M
POSCO Chemical, a chemical subsidiary of the POSCO Group, announced on Friday that it had approved an agenda to change its compa...
Feb 24, 2023 (Gmt+09:00)
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ElectronicsLG Electronics, Yonsei Univ. develop talent for smart TV platforms
LG Electronics Inc. and South Korea’s Yonsei University are searching for talented human resources to build software platf...
Feb 24, 2023 (Gmt+09:00)
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Bio & PharmaUS calls on 2 S.Korean pharmaceutical companies for swift end to legal battle
Following its lawsuit against Daewoong Pharmaceutical, South Korea's Medytox Inc. is waging an all-out legal war against domesti...
Feb 24, 2023 (Gmt+09:00)
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ElectronicsOLED tech leads trends on premium TV market
Organic light-emitting diode (OLED) products account for over 30% of the global premium TV market, attesting to the technology's...
Feb 24, 2023 (Gmt+09:00)
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Electric vehiclesHyundai, Kia to join global small EV war with new models
Hyundai Motor Group, South Korea’s top automaker, will aim at the world’s affordable small electric vehicle segments...
Feb 24, 2023 (Gmt+09:00)
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Mergers & AcquisitionsDongwon solo bidder for Boryung Biopharma estimated at $385 mn
South Korea’s leading seafood and logistics conglomerate Dongwon Group is seeking to buy local biopharmaceutical company B...
Feb 24, 2023 (Gmt+09:00)
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Mergers & AcquisitionsS.Korea’s hy buys Mesh for Vroong delivery service
South Korea’s hy, formerly Korea Yakult, has acquired Mesh Korea, the operator of the delivery service Vroong that uses tw...
Feb 24, 2023 (Gmt+09:00)