Samsung’s TV business launches customer marketing team
South Korea’s tech giant Samsung Electronics Co. is putting into action an age-old mantra that reflects the importance of customers in its bus...
Ssangyong Motor gets certification for cyber security in Europe
SsangYong Motor Co. announced on Thursday that it has received certification for its European cyber security management system (CSMS). This certific...
POSCO Int'l's pharmaceutical biz in Sudan attains No. 2 market ranking
A pharmaceutical company in Sudan set up by South Korea's POSCO International to find business opportunities in and make social contributions to the...
AIMMED’s Somzz ushers in digital therapeutic device market in Korea
South Korea’s health and drug safety authority has cleared Somzz to treat patients with sleep disorders, a dynamic move that is expected to vi...
S.Korea's extended reality sector forms industry convergence alliance
The Korea Display Industry Association (KDIA) on Wednesday signed a memorandum of understanding (MOU) on a convergence alliance of the domestic exte...
Celltrion's Truxima shows safety, efficacy in post-marketing study
South Korean biopharmaceutical company Celltrion Inc. reported on Wednesday that its biosimilar drug Truxima (rituximab), a generic version of Roche...
SK Biopharm holds sales meeting for marketing Cenobamate in US
On Wednesday, SK Biopharmaceuticals Co. announced that its US subsidiary, SK Life Sciences Inc., held a "National Sales Meeting" in San Diego. The p...
LG Innotek targets XR device market with new substrate
South Korea’s LG Innotek Co. aims to lead the market for components of the extended reality (XR) device industry, which is expected to surge b...
Kakao Brain presents text-based AI motion generation model
On Tuesday, Kakao Brain, the AI unit of South Korea's Kakao Corp., announced the development of a new text-based motion generation model, called "FL...
S.Korean shipbuilders rule world’s eco-friendly vessel market
South Korea’s shipbuilders have won more than half of the orders to build eco-friendly vessels so this year based on advanced technology to do...
Korea's Dongsuh to rival Nestle in local capsule coffee market
South Korea’s No.1 instant coffee maker Dongsuh Foods Corp. is set to rival global food and beverage giant Nestle in the local capsule coffee ...
LG Energy Solution tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. for the second straight year was No. 1 on the global market for electric vehicle (EV) batteries excluding Chin...
Hanjin converts Indonesian representative office to corporation
Hanjin Transportation said Tuesday that it had converted its representative office in Jakarta, Indonesia, into a corporation last month to strengthe...
SK Plasma, Janssen Korea sign sales, distribution agreement
SK Plasma Co. Ltd., a South Korean company specializing in the production of plasma derivatives from human plasma, is expanding its product portfoli...
Hyundai Capital wins IAAI Award for pioneering AI application
Hyundai Capital, the financial services arm of the Hyundai Motor Group, was honored with the Innovative Applications of Artificial Intelligence Awar...
KB Securities launches AI-based RoboNews on US stocks
South Korea's KB Securities announced the launch of KB RoboNews on Monday, a cutting-edge artificial intelligence (AI) service that provides insight...
S.Korean grocery delivery platform Oasis drops IPO on weak demand
Oasis Corp., a South Korean grocery delivery platform, decided to withdraw its local initial public offering plan on Feb. 13 amid tepid interest fro...
Korean builders to ramp up overseas business in 2023
Major South Korean construction firms are set to expand their overseas business while reducing domestic projects this year to boost profitability. T...
GC Biopharma, Sanofi to jointly market Plavix
GC Biopharma Co. (formerly Green Cross Corp.) said on Monday it has entered into a joint sales partnership with Sanofi-Aventis Korea, the South Kore...
Zigbang signs agreement with Saudi's National Housing Company
On Monday, South Korean proptech company Zigbang announced a partnership with Saudi Arabia's National Housing Company with the goal of digitalizing ...
S.Korean IT firms rush for tie-ups to compete with ChatGPT
South Korean tech companies are rushing to form partnerships in different sectors to develop superior AI services to compete with ChatGPT, a chatbot...
S.Korean AI chip developer Rebellions releases Atom SoC
South Korean AI chip developer Rebellions Inc. announced on Monday the release of its AI chip Atom, a system-on-chip (SoC) designed for data centers...
SK Telecom doubles capacity of its AI service's supercomputer Titan
South Korea's SK Telecom Co. on Sunday said it had doubled the processing capacity of its supercomputer Titan, the brain of its artificial intellige...
Hancom goes global with SDK, SaaS products
South Korea’s homegrown office suite developer Hancom Inc. will seek to boost its brand awareness in the global B2B software market with softw...
Kakao to unveil Korean language-specific, vertical AI
Kakao Corp., South Korea’s No. 1 mobile messenger platform, will launch Korean language-specific, vertically-integrated AI service this year s...
Aekyung Chemical to expand surfactant plant in Vietnam
Aekyung Chemical plans to expand its surfactant plant in Vietnam, with the aim of targeting global markets in Southeast Asia, the company said on Fr...
Korean listed firms’ Q4 results miss forecast by big margin
Weak demand from a global economic slump took a big toll on South Korean companies in the fourth quarter of last year, making many of them miss earn...
S.Korea’s love of luxury ushers in 3rd wave of bling boom
Global luxury brands from Louis Vuitton to Chanel and Thom Browne are readying themselves for a third wave of the luxury boom in South Korea, where ...
S.Korean firms showcase hydrogen offerings in United States
South Korean energy ministry and major Korean companies including Hyundai Motor Co., SK E&S, and Korea Zinc Co. participated in the Hydrogen &am...
Philip Morris aims to top Korea's heated-tobacco market with Iluma
Philip Morris International Inc., a major US tobacco maker, aims to regain the throne in South Korea's competitive heat-not-burn cigarette market wi...
