Samsung sets ambitious sales target for home appliances
Samsung Electronics Co. has beefed up its lineup of premium Bespoke home appliances with improved energy efficiency, artificial intelligence-enabled...
S.Korea's Oasis posts surplus for second straight year
South Korea's Oasis Corp., a grocery delivery platform specializing in early morning shipments, on Tuesday said it posted last year operating profit...
POSCO Future M to spend $300 million on NCA cathode plant in Pohang
South Korea's battery component maker POSCO Future M, formerly POSCO Chemical, on Tuesday said it will build its first plant solely for cathode mate...
Trouble with EV charging? Help is just a click away with Hyundai
Having trouble charging your electric vehicle at a charging station?With Hyundai Motor Co.'s automatic EV charging robot, help is just a click away....
Korea's KSOE lands $240 mn order for LPG carriers
Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, said on Monday ...
S.Korea's STX to spin off shipping division
South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...
Startup Innospace launches Korea’s first private projectile
South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first private launch vehicle, ...
Korean ETP market doubles amid increasing distrust of fund managers
South Korea’s exchange-traded product (ETP) market has doubled in four years as more investors preferred their own trades to discretionary inv...
Korean aircraft maker KAI earmarks $3.4 bn in R&D investment by 2032
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is set to pour 4.5 trillion won ($3.4 billion) into ...
LG Elec to spend over $4 bn on capex in 2023, biggest in a decade
LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...
S.Korean startup Jobis&Villains expands to UK with tax return service
Jobis&Villains Corp., a South Korean startup that offers a tax return service called “3o3,” said on Friday that it had set up a loca...
Tmap Mobility, SWM to collaborate in autonomous driving area
Tmap Mobility Co., a Korean navigation app company, announced on Friday a business agreement to promote cooperation in autonomous driving technology...
Samsung Biologics to invest $1.5 bn for 5th CDMO factory
Samsung Biologics Co. is slated to inject 2 trillion won ($1.5 billion) to build its fifth plant in South Korea. It will be a fast follow-up investm...
Hyundai Const. Equipment unveils new BI, slogan at CONEXPO 2023
Hyundai Construction Equipment Co., a construction equipment subsidiary of HD Hyundai Co., announced on Thursday the release of its new brand identi...
S.Korea’s jobs in February grow at slowest pace in 2 years
South Korea’s jobs grew at the slowest pace in two years last month partly owing to a slowdown in the country’s manufacturing sector due...
Samsung raises Rainbow Robotics stake, eyes management control
Samsung Electronics Co. is looking to own a controlling stake in Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant h...
S.Korea's individual investors buy bonds this year worth $5.3 billion
Individual investors in South Korea this year have made net bond purchases, or the difference between the buying and selling amounts, worth over 7 t...
LG Electronics showcases new products in Dubai
LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...
S.Korea to host Asia's largest advertising festival for 1st time since 2007
Seoul in October will host Asia's largest advertising festival AdAsia. The organizers of this year's event aim to host more than just a conference a...
Once a videotape maker, Cosmo reborn as battery materials firm
Cosmo Advanced Materials & Technology Co., once the world’s largest video and cassette tape maker, has transformed into a money-making man...
Curexo unveils artificial joint surgery robot TMAX at AAOS 2023
Curexo, a South Korean medical robot company, said on Tuesday that it had unveiled its artificial joint surgery robot "TMAX" at AAOS 2023, the world...
Eastar Jet to add 7 airplanes with aim to rake in $111.2 mn in 2023 sales
Eastar Jet Co., a South Korean low-cost airline, will expand its fleet to 10 aircraft this year to resume flight services at home and abroad about t...
S.Korean sovereign wealth fund KIC to set up Mumbai office
Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...
Samsung SDI to showcase solid-state battery tech at InterBattery 2023
South Korea's leading secondary battery maker Samsung SDI Co. has announced its participation in Korea's largest battery exhibition, InterBattery 20...
Samsung Electronics unveils new flagship soundbar
South Korean electronics giant Samsung Electronics Co. said on Monday that it has launched a new premium soundbar model for 2023, featuring technolo...
Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity
South Korea’s top tire maker Hankook Tire & Technology Co. shut down a local production complex on Sunday due to a fire, stoking concerns ...
SK Networks renames its EV charger unit to SK Electlink
SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...
LG Elec to showcase eco-friendly cooling, heating solutions at ISH 2023
LG Electronics Inc. is aiming to expand its presence in the European air conditioning market with its high-efficiency heat pump cooling and heating ...
Samsung SDS to offer customized cloud services
Samsung SDS Co. is ready to offer easy-to-use, customized cloud storage services to help its clients' digital transformation, its Chief Executive Hw...
Pulmuone looks to enter US plant-based convenience food market
Pulmuone, a leading South Korean producer of plant-based foods such as tofu and bean sprouts, is trying to expand the K-food territory in the global...
