Samsung pins high hopes on new Galaxy Z foldables

Samsung pins high hopes on new Galaxy Z foldables

Foldable phones will likely account for one-third of Samsung Electronics Co.'s domestic sales of its flagship Galaxy smartphone series this year, le...

Hanwha Group puts savings bank on market, a clear succession path

Hanwha Group puts savings bank on market, a clear succession path

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, has put its non-core financial unit Hanwha Savings Bank up for sale, in a move ...

Boryung Pharma's sales surpass $311 mn in H1 2023

Boryung Pharma's sales surpass $311 mn in H1 2023

South Korea’s Boryung Corp. has alleviated the fear of falling behind in its sector expressed by its third-generation chairman Jay Kim Jung-Gy...

S.Korea’s aid service Boram Group enters companion animal market

S.Korea’s aid service Boram Group enters companion animal market

South Korea’s Boram Group, whose main affiliate is an aid company, has entered the companion animal market.  Affiliates Boram Sangjo and ...

Kia revises up 2023 OP target after record Q2 earnings, to expedite EV push  

Kia revises up 2023 OP target after record Q2 earnings, to expedite EV push  

Kia Corp. has revised upwards its operating profit target for this year to up to 12 trillion won ($9.4 billion) after reporting its best-ever quarte...

Kolon Pharma, Dongbang Medical to export medical threads to Brazil

Kolon Pharma, Dongbang Medical to export medical threads to Brazil

Kolon Pharma, the pharmaceutical affiliate of South Korea's Kolon Group, announced on Thursday that it has signed a business agreement with Dongbang...

OCI makes foray into battery materials market

OCI makes foray into battery materials market

South Korea's chemical and green energy company OCI has entered the battery materials market by landing a supply contract for key raw materials for ...

Lotte's virtual human Lucy to debut in Thailand

Lotte's virtual human Lucy to debut in Thailand

South Korea's Lotte Home Shopping unveiled a plan on Wednesday to introduce its virtual influencer, Lucy, to Southeast Asia's burgeoning live commer...

CJ Logistics to enter global pharmaceutical transportation market

CJ Logistics to enter global pharmaceutical transportation market

South Korea’s CJ Logistics on Wednesday said it obtained the certification CEIV Pharma, or the Center of Excellence for Independent Validators...

SK Telecom enters cloud managed service provider market

SK Telecom enters cloud managed service provider market

South Korea's SK Telecom Co. will aggressively enter the cloud market by providing differentiated services based on its nationwide communication net...

Raphas microneedle passes US FDA's cGMP inspection

Raphas microneedle passes US FDA's cGMP inspection

South Korea's microneedle maker Raphas Co. announced on Wednesday that it has passed the Current Good Manufacturing Practice (cGMP) inspection by ...

Huons’ overseas market expansion leads to record-high sales

Huons’ overseas market expansion leads to record-high sales

South Korea's Huons Group is continuing its record-breaking performance while expanding its influence in the global market.According to Huons Group ...

POSCO affiliates’ shares surge; market cap rises threefold in 5 years

POSCO affiliates’ shares surge; market cap rises threefold in 5 years

Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...

S.Korea's NGeneBio establishes US corporation NGeneBioAI

S.Korea's NGeneBio establishes US corporation NGeneBioAI

South Korean medical diagnostic company NGeneBio Co. announced on Monday that it has established an artificial intelligence (AI) precision diagnosti...

Fabless FADU taps institutional demand to raise about $151 mn

Fabless FADU taps institutional demand to raise about $151 mn

FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 billion won ($151 mil...

S.Korea's BC Card to enter Kyrgyz payment market

S.Korea's BC Card to enter Kyrgyz payment market

South Korea's BC Card will make a full-fledged entry into the Central Asian payment market by establishing a card payment joint venture in Kyrgyzsta...

No subsidy, no problem: Hyundai, Kia make top 10 US list for EV sales

No subsidy, no problem: Hyundai, Kia make top 10 US list for EV sales

Hyundai Motor Co. and Kia Corp. in the first half of the year were among the top 10 in sales of battery electric vehicles (EVs) in the US despite re...

SK E&S opens representative office in Vietnam

SK E&S opens representative office in Vietnam

South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation business by opening a rep...

S.Korea’s Brand X establishes Taiwanese corporation

S.Korea’s Brand X establishes Taiwanese corporation

South Korea's media and e-commerce company Brand X Corp. announced on Friday that it has established a Taiwanese corporation. The move seeks to ampl...

Kakao Piccoma tops in Japanese app market sales in H1 2023

Kakao Piccoma tops in Japanese app market sales in H1 2023

Kakao Piccoma, a Japanese subsidiary of Kakao Japan Corp. and the global leading webtoon platform achieved the top position in the first half of 202...

Naver to unveil AI chatbot Cue: in September 2023

Naver to unveil AI chatbot Cue: in September 2023

South Korea's web portal giant Naver Corp. on Friday announced the lineup and release schedule of services using its hyperscale artificial intellige...

SK Chemicals to supply diabetes drugs to AstraZeneca Korea

SK Chemicals to supply diabetes drugs to AstraZeneca Korea

SK Chemicals Co., a South Korean chemicals maker and drug developer, said on Thursday it has signed a contract to supply diabetes medications to glo...

Foreign carmakers hit by EV sales drop in S.Korea

Foreign carmakers hit by EV sales drop in S.Korea

Foreign carmakers such as Mercedes-Benz and Tesla Inc. suffered a sales drop in South Korea in the first half of the year, as overall car sales jump...

Alibaba launches express ships to S.Korea as orders surge

Alibaba launches express ships to S.Korea as orders surge

Alibaba.com, China’s largest online marketplace, launched an express cargo ship service between South Korea and China this week to meet a surg...

GM Korea releases new Trailblazer geared for S.Korean market

GM Korea releases new Trailblazer geared for S.Korean market

General Motors (GM) Korea on Wednesday launched the domestic sale of its new model of the small SUV Trailblazer customized for the South Korean mark...

Novomics expands presence in Chinese cancer market

Novomics expands presence in Chinese cancer market

South Korean molecular diagnostics company Novomics Co. announced on Wednesday that it has signed a collaboration agreement with Chinese molecular d...

SK Biopharm eyes Asia's No.1 spot in radioactive drug market

SK Biopharm eyes Asia's No.1 spot in radioactive drug market

South Korea’s SK Biopharmaceuticals Co. is aiming to triple its enterprise value to $15 billion by 2026 with the goal of rising to the top run...

HD Hyundai Heavy Industries gets early jump on green vessel market

HD Hyundai Heavy Industries gets early jump on green vessel market

South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...

LS Materials embarks on IPO process to go public in 2023

LS Materials embarks on IPO process to go public in 2023

Global top ultracapacitor player LS Materials Co. is expected to go public in South Korea this year, which would mark the first LS Group company IPO...

Corentec enters Japanese artificial joint market

Corentec enters Japanese artificial joint market

Corentec Co., a South Korean company that develops artificial joints and spinal implants, is making a full-fledged entry into the Japanese market. T...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race