Samsung Electronics holds biannual global strategy meeting
Samsung Electronics Co. on Tuesday launched its three-day global strategy meeting, a biannual event held in June and December where major executives...
Naver’s AI translation app Papago surpasses 10 mn MAU
The global monthly active user (MAU) number of Naver Corp.'s artificial intelligence (AI) translation app, Papago, has surpassed 10 million users, a...
Lotte Rental CEO becomes first owner of Kia EV9
The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...
Lotte affiliates’ credit ratings downgraded all at once
The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...
SK Siltron to collaborate with Taiwan's Nanya on carbon neutrality
South Korea's SK Siltron announced on Tuesday that it has signed a business agreement with Taiwan's DRAM supplier Nanya Technology Corporation to st...
Samsung C&T wins order $585 mn construction project in Taiwan
The construction division of South Korea's Samsung C&T Corp. on Monday said it landed an order for the Fubon Aozihdi Development Project from Ta...
Pinkfong’s Bebefinn surpasses 10 million subscribers in 14 months
The Pinkfong Company's "Bebefinn" YouTube channel has surpassed 10 million subscribers. The Pinkfong Company, popularly known for its "Baby Shark" c...
S.Korea-Iraq Joint Committee resumes operations after six years
A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pr...
S.Korean SMEs unprepared for Indonesia’s mandatory halal certification
South Korea's Ministry of SMEs has begun moving to help SMEs planning to export to Indonesia obtain halal certification.The SME Ombudsman said on Tu...
Syntekabio expands to US with local CRO
South Korean artificial intelligence (AI) drugmaker Syntekabio Inc. has partnered up with a US clinical research organization (CRO) to enter the wor...
Innocean acquires digital marketing company D-Plan 360
Innocean, a Hyundai Motor Group-affiliated advertising agency, has acquired the Seoul-based digital marketing company D-Plan 360 to greatly rai...
LG Energy selects 10 promising global startups in battery area
South Korea's battery maker LG Energy Solution Ltd. announced on Tuesday that it will strengthen collaboration with global startups with high growth...
HD Hyundai Oilbank develops recycled plastic containers
South Korea's petroleum and refinery company HD Hyundai Oilbank Co. has jointly developed a container using recycled plastic with domestic plastic c...
LG to slim down petrochem as Chinese rivals creep up
South Korea’s LG Chem Ltd. is speeding up restructuring efforts to sell or downsize uncompetitive businesses, with an aim to focus on three gr...
Samsung to apply AI, big data tech to entire chipmaking process
Samsung Electronics Co., the world’s largest memory chipmaker, plans to use AI and big data technology in its chipmaking process to enhance pr...
Microsoft defies media report of issues in tie with OpenAI
REDMOND, WASHINGTON – A Microsoft Corp.’s key executive defied a media report that its partnership with OpenAI, the developer of the glo...
S.Korea's Daesang acquires US food company Lucky Foods
Daesang Corporation, a South Korean manufacturer of food and pharmaceutical ingredients, announced on Monday that it has acquired the US food compan...
Samsung launches collaborative product with illustrator Max Dalton
Samsung Electronics Co. announced on Monday that it has unveiled a special edition of Bespoke Jet Bot AI, collaborative with illustrator Max Dalton,...
Huons’ 2% lidocaine gets approval from FDA
South Korean pharmaceutical firm, Huons Co., announced on Monday that it has secured another significant regulatory milestone in the US with the Foo...
Hyundai Glovis acquires logistics automation SW company Altiall
South Korea's leading logistics company Hyundai Glovis Co. announced on Monday that it has signed a stock purchase agreement related to the acquisit...
Hanwha Systems joins C-130H airplane modification project
Hanwha Systems Co. announced on Monday that it has been awarded a second contract by the Defense Acquisition Program Administration for the South Ko...
S.Korea's shipyards get OK from shipping companies to delay vessel delivery
South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domest...
POSCO Future M cut greenhouse gases 8.6% in 2022
South Korea's chemical company POSCO Future M Co. last year lowered greenhouse gases a surprising 8.6% from 2021. Reducing its CO2 emissions despite...
India rises as LG's cash cow under revised S.Korean tax laws
South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...
DB Insurance acquires Vietnam's 9th largest insurance company
DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...
S.Korea's KakaoBank to launch internet bank in Thailand
South Korea's KakaoBank Corp. has begun its advance into Southeast Asia through a tie-up with a financial company in Thailand. KakaoBank on Friday ...
Tierone Corp.
Key facts Industry Injection molding & product development consultancy Mainstay products/services Injection molding with QDM, family...
CJ Logistics, Evergreen sign agreement for logistics cooperation
South Korea's CJ Logistics has entered into mutual cooperation with the Taiwan-based global shipping company Evergreen Marine Corporation for the ...
Generative AI startup Wrtn attracts nearly $12 mn in investment
South Korea's advanced tech startup Wrtn Technologies, a major player in generative artificial intelligence (AI), has attracted investment of 15 bil...
SK Signet to launch Tesla-compatible EV chargers in 2023
SK Signet Inc., an affiliate of South Korea's SK Group that makes and sells electric vehicle (EV) chargers, announced plans on Wednesday to release ...
