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Korean innovators at CES 2024Food tech market emerges as IT firms' new battleground
The food technology market is set to become the new battleground for tech giants and startups as they race to develop the world'...
Dec 27, 2023 (Gmt+09:00)
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Korean chipmakersSamsung Elec moves a step closer to CXL commercialization
Samsung Electronics Co. seeking to lead the next-generation memory market has moved a step closer to commercializing computer ex...
Dec 27, 2023 (Gmt+09:00)
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Mergers & AcquisitionsKakao Mobility's talks to acquire FreeNow in deadlock
Kakao Mobility Corp.’s ambition to go global has hit a roadbock after its parent group Kakao Corp. rejected its draft bid ...
Dec 27, 2023 (Gmt+09:00)
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RetailS.Korea's perfume duty free limit to rise by 100 ml in 2024
South Korean government will raise the duty-free limit of perfume from 60 ml to 100 ml in January 2024. The Ministry of Economy ...
Dec 27, 2023 (Gmt+09:00)
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Real estateKorean office, warehouse transactions plunge in Q1-Q3
The South Korean commercial real estate market saw its transaction value during the first three quarters of this year reach 10.9...
Dec 27, 2023 (Gmt+09:00)
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Central bankSouth Koreans expect inflation to slow, relief to BOK’s hawkish stance
South Koreans expect inflation to slow over the next 12 months, providing relief to the central bank’s hawkish stance that...
Dec 27, 2023 (Gmt+09:00)
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Aerospace & DefenseKAI secures $1.1 bn deal to mass-produce light-armed helicopters
Korea Aerospace Industries Ltd. (KAI), the sole military aircraft manufacturer in the country, announced on Wednesday that it ha...
Dec 27, 2023 (Gmt+09:00)
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Bio & PharmaViGenCell, NK/T cell lymphoma treatment ‘VT-EBV-N’ designated as orphan drug in Europe
ViGenCell, a company specializing in immune cell therapy, announced on the 19th that its NK/T cell lymphoma treatment "VT-EBV-N"...
Dec 27, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion applies for approval of Xolair biosimilar in Canada
South Korean biopharmaceutical company Celltrion Inc. announced on Wednesday that it has applied for CT-P39, a biosimilar of t...
Dec 27, 2023 (Gmt+09:00)
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Korean chipmakersPOSCO to foster rare gas business with Zhongtai Cryogenic
POSCO Holdings Inc. will build a highly purified rare gas-producing joint venture in South Korea with Zhongtai Cryogenic Technol...
Dec 27, 2023 (Gmt+09:00)
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IPOsKorea's leading used-car platform Encar drops IPO plan
Encarsales.com Ltd., a South Korean used-car trading platform, will withdraw its initial public offering plan as early as this w...
Dec 27, 2023 (Gmt+09:00)
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EnergyTaihan Cable to build ultra-high voltage power grid in Germany
South Korea's Taihan Cable & Solution Co. won a 600 billion won ($463 million) turnkey project to build a 380 kV ultra-high ...
Dec 27, 2023 (Gmt+09:00)
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Food & BeverageThis country will police ‘shrinkflation’ at the supermarket
SEOUL—Food prices have risen so much that Kim Soo-yeon has developed a suspicious new habit at the grocery store. She has ...
Dec 27, 2023 (Gmt+09:00)
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ElectronicsSamsung to release Galaxy Book3 Go 5G laptop
Samsung Electronics Co. will release the Galaxy Book3 Go 5G laptop, which supports 5G networks on Jan. 2. Next year.The device f...
Dec 27, 2023 (Gmt+09:00)
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Tech, Media & TelecomKorea’s besieged mobile carriers grapple with OTT players’ rate hikes
South Korea’s telecommunications companies, besieged by the onslaught of foreign over-the-top (OTT) players such as Netfli...
Dec 27, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor reveals facelift of G80 sedan
Hyundai Motor Co.'s premium brand Genesis released a facelift of its signature large sedan G80 on Tuesday. This car is the reva...
Dec 27, 2023 (Gmt+09:00)