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Aerospace & DefenseKAI flies FA-50 fighter jets with pride at Radom Airshow
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is stepping up its defense expor...
Aug 28, 2023 (Gmt+09:00)
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Food & BeverageNestlé seeks to open Starbucks brand stores in Korea
Nestlé S.A., the world’s largest food company, is preparing to open small Starbucks brand stores in South Korea to ...
Aug 28, 2023 (Gmt+09:00)
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Bio & PharmaVoronoi to strengthen AI-driven open innovation
South Korea’s biotechnology startup Voronoi Inc. announced on Monday that it is intensifying its artificial intelligence (...
Aug 28, 2023 (Gmt+09:00)
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Banking & FinanceKorean banks' earnings hit hard by unpaid debts, rate hikes
South Korea’s major banks expect their earnings in the second half to fall on the soaring distressed debts of households a...
Aug 28, 2023 (Gmt+09:00)
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BatteriesKorean firms fret over growing adoption of Chinese LFP batteries
South Korea’s three major battery makers – LG Energy Solution Ltd., SK On Co. and Samsung SDI CO. – are increa...
Aug 28, 2023 (Gmt+09:00)
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Future mobilityE-Mart24 pilot-operates drone delivery
South Korea's convenience store chain E-Mart24 Inc. is launching a commercial drone delivery service in Gimcheon, North Gyeongsa...
Aug 28, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG Uplus’ platform push gains traction with active venture funding
LG Uplus Corp., South Korea’s third-largest mobile carrier, which has joined its two bigger local rivals in a race to expa...
Aug 28, 2023 (Gmt+09:00)
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Chemical IndustryKorean LG Chem to spend $95 mn to double water treatment biz
South Korea’s top chemicals maker LG Chem Ltd. plans to spend 124.6 billion won ($94.5 million) on increasing its water tr...
Aug 28, 2023 (Gmt+09:00)
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Food & BeverageNongshim Kellogg enters S.Korean instant rice market
Nongshim Kellogg Co. announced on Monday its foray into the domestic instant rice market with the launch of "Whole Oat Rice," ...
Aug 28, 2023 (Gmt+09:00)
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Asset managementDGB Fin to set up asset management firm in Singapore
South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund manag...
Aug 28, 2023 (Gmt+09:00)
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Shipping & ShipbuildingSM Korealine gets self-sailing approval from Panama
SM Korealine Co., a unit of SM Group's maritime division, announced on Monday that its subsidiary Korealine LNG, has obtained ap...
Aug 28, 2023 (Gmt+09:00)
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ElectronicsSamsung to hire experienced foreign staff in R&D
Three affiliates of Samsung Group are looking to hire outstanding foreign researchers.Samsung Electronics Co., Samsung Display a...
Aug 28, 2023 (Gmt+09:00)
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Bio & PharmaJW Pharma to participate in S.Korea’s new drug project
South Korea's JW Pharmaceutical announced on Monday that its experimental hair loss drug, JW0061, has been selected for a two-ye...
Aug 28, 2023 (Gmt+09:00)
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BatteriesPOSCO Future M aims to raise profit 20-fold by 2030
POSCO Future M Co., South Korea’s electric vehicle battery materials maker, aims to raise its profit by about 20 times and...
Aug 28, 2023 (Gmt+09:00)
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Korean chipmakersS.Korea names 20 fabless firms to receive government support
South Korea is set to bolster support for local fabless companies, which design and sell chips, with an aim to grow the firms in...
Aug 28, 2023 (Gmt+09:00)
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AutomobilesHyundai Elantra N TCR stands on double podium in 2023 TCR World Tour
Hyundai Motor Co. announced on Monday that the Elantra N TCR has won the 2023 TCR (touring car racing) World Tour in José...
Aug 28, 2023 (Gmt+09:00)
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Electric vehiclesHyundai Motor to self-develop EV chargers to slow Tesla’s ascent
Hyundai Motor Group will develop ultra-fast electric vehicle chargers with its proprietary technology to catch up to the world&r...
Aug 28, 2023 (Gmt+09:00)
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RetailS.Korea's duty-free sector expects boom from Chinese tourists' return
South Korea's duty-free stores are over the moon thanks to the resumption of Chinese group tours after a hiatus of six years and...
Aug 28, 2023 (Gmt+09:00)
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BlockchainBC Card to develop NFT as used luxury item receipt
South Korea’s BC Card on Sunday said it has applied for two domestic patents for payment receipt-based non-fungible token ...
Aug 28, 2023 (Gmt+09:00)
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RetailThe Hyundai Seoul attracts 100 mn visitors in 30 months
The Hyundai Seoul, the largest shopping mall in the South Korean capital, has attracted over 100 million visitors since its open...
Aug 28, 2023 (Gmt+09:00)