Hanwha Solutions expands cable insulation materials units

Hanwha Solutions expands cable insulation materials units

South Korea's Hanwha Solutions Corp. is accelerating its entry into the global market with proprietary technology in high-voltage cable materials.Ha...

SK Bioscience exports Sky Cellflu to Thailand

SK Bioscience exports Sky Cellflu to Thailand

South Korea's SK Bioscience Co. announced on Thursday that it has shipped about 440,000 doses (for single-dose administration) of its cell-cultured ...

Hanwha Hotels & Resorts credit rating upgrades to A-

Hanwha Hotels & Resorts credit rating upgrades to A-

South Korea's Hanwha Hotels & Resorts announced on March 21 that Korea Ratings and Korea Investors Service elevated the company's corporate bond...

Hyundai Motor unveils Genesis G90 Black

Hyundai Motor unveils Genesis G90 Black

Hyundai Motor Co. announced on Thursday that its premium brand Genesis launched the Genesis G90 Black, the highest trim of its premium brand of Gene...

SK Enmove in talks to deliver liquid cooling system to US tech firm

SK Enmove in talks to deliver liquid cooling system to US tech firm

South Korea’s lube oil maker SK Enmove Co. is seeking to supply liquid immersion cooling systems for data centers of a US technology company, ...

Hanwha Aerospace selected as next-gen launcher operator

Hanwha Aerospace selected as next-gen launcher operator

South Korea’s Hanwha Aerospace Co. announced on Wednesday that it was selected as the next-generation launch vehicle KSLV-III operator, follow...

Naver, named 3rd most innovative company in the Asia-Pacific

Naver, named 3rd most innovative company in the Asia-Pacific

South Korea’s online giant Naver Corp. ranked as the third most innovative company in the Asia-Pacific by a top US business magazine for the p...

Korea’s ramen exports on course to reach $1 bn in 2024

Korea’s ramen exports on course to reach $1 bn in 2024

South Korea’s instant ramen noodle exports soared to a record monthly high in February, data showed, on course to hit the $1 billion mark in 2...

Krafton eyes mega M&A, PUBG franchise deals: Krafton chair

Krafton eyes mega M&A, PUBG franchise deals: Krafton chair

Krafton Inc., South Korea’s gaming behemoth, is gearing up for the second chapter of its business through “mega” M&A deals and...

Korea fines Doosan Enerbility $12 mn for improper bookkeeping

Korea fines Doosan Enerbility $12 mn for improper bookkeeping

South Korea’s top financial regulator said on Wednesday it will fine local major power plant builder Doosan Enerbility Co. 16.1 billion won ($...

Samsung to unveil Mach-1 AI chip to upend SK Hynix’s HBM leadership

Samsung to unveil Mach-1 AI chip to upend SK Hynix’s HBM leadership

Samsung Electronics Co., the world’s top memory chipmaker, is developing a next-generation artificial intelligence chip, Mach-1, with which th...

Lotte Group to give more authority to outside directors

Lotte Group to give more authority to outside directors

Food-to-retail conglomerate Lotte will expand the authority of outside directors by separating the roles of chief executives and board chairs at its...

HD Hyundai to supply 60 excavators to Sudan

HD Hyundai to supply 60 excavators to Sudan

South Korea's HD Hyundai Construction Equipment Co. announced on Wednesday that it recently signed a contract to supply 60 construction equipment un...

CJ OliveNetworks, Addverb to team up for smart logistics

CJ OliveNetworks, Addverb to team up for smart logistics

South Korea's digital service company CJ OliveNetworks announced on Wednesday that it partnered with global robotics and logistics automation equipm...

LG injects $97 mn into Vista Equity’s fund for new tech investments

LG injects $97 mn into Vista Equity’s fund for new tech investments

LG Group, South Korea’s fourth-largest conglomerate, injected $97 million into a fund run by Vista Equity Partners Management LLC for investme...

Hanjin, Tuushin Group to co-work for logistics in Mongolia

Hanjin, Tuushin Group to co-work for logistics in Mongolia

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it signed a memorandum of understanding (MOU) wit...

Samsung rallies on expectations of Nvidia’s HBM order

Samsung rallies on expectations of Nvidia’s HBM order

SAN JOSE, Calif. – Samsung Electronics Co.'s stock zoomed on Wednesday after the world’s most famous AI chip provider Nvidia Corp. hinte...

Drug maker Boryung targets its highest-ever sales in 2024

Drug maker Boryung targets its highest-ever sales in 2024

Boryung Corp., formerly Boryung Pharmaceutical Co., aims to join the 1 trillion won ($748 million) sales club this year, driven by new chronic disea...

Big Tech engineers rush to Korea’s AI chip startups as potential looms

Big Tech engineers rush to Korea’s AI chip startups as potential looms

Big Tech engineers are flocking to South Korea’s promising startups specializing in artificial intelligence chips, a fast-growing sector in th...

S.Korea’s Liner, the world’s No. 4 generative AI web product

S.Korea’s Liner, the world’s No. 4 generative AI web product

South Korea’s home-grown artificial intelligence service Liner was ranked the world’s fourth-most popular generative AI web product as t...

LG Chem to unveil carbon dioxide-based plastic in Bologna

LG Chem to unveil carbon dioxide-based plastic in Bologna

South Korea's LG Chem Ltd. announced on Wednesday that it will unveil an eco-friendly plastic material derived from carbon dioxide at Cosmoprof Worl...

Sephora to exit S.Korean market in May

Sephora to exit S.Korean market in May

Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...

Korea's SPC to collaborate with Pascucci to enter Italian market

Korea's SPC to collaborate with Pascucci to enter Italian market

South Korea's SPC Group announced on Tuesday that it plans to collaborate with Italian coffee chain brand Pascucci to enter the Italian market. Hu...

SK Hynix mass-produces HBM3E chip to supply Nvidia

SK Hynix mass-produces HBM3E chip to supply Nvidia

SK Hynix Inc., the world’s No. 2 memory chipmaker, began mass-producing HBM3E, the best-performing DRAM chip for AI applications, for the firs...

Craft beer maker Jeju Beer sells stake to car repair company

Craft beer maker Jeju Beer sells stake to car repair company

South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...

Interpark Triple launches travel platform Triple Korea

Interpark Triple launches travel platform Triple Korea

South Korea's retail and travel platform Interpark Triple announced on Tuesday that it launched the travel platform Triple Korea for foreign touri...

Dubai Chamber of Commerce to open Seoul office

Dubai Chamber of Commerce to open Seoul office

The Dubai Chamber of Commerce in the United Arab Emirates (UAE) will open an office in Seoul, South Korea by May this year, according to industry so...

Korea's BC Card launches Trip.Pass for foreign visitors

Korea's BC Card launches Trip.Pass for foreign visitors

South Korea's BC Card announced on Tuesday that it launched a "Trip.Pass Card" and "Trip.Pass QR Payment Service" for foreign tourists with the dome...

Samsung invests in BrickBio in US

Samsung invests in BrickBio in US

Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...

China exodus to elevate Korea to Asia hub: AmCham chief

China exodus to elevate Korea to Asia hub: AmCham chief

South Korea has outstripped Hong Kong and Shanghai as a preferred Asia-Pacific headquarters destination for global companies, trailing only Singapor...