HMM wins top ESG rating among global shipping companies
South Korea’s No. 1 container transportation and shipping service HMM Co. has secured the premier position in global shipping for its environm...
NCSOFT gears up to take on Naver, Kakao for AI language model
NCSOFT Corp. has unveiled a large-scale Korean language model as the first South Korean game developer to advance into the local-language generative...
SK Telecom develops 5G IoT tech RedCap
South Korea's SK Telecom Co. unveiled on Thursday that it has successfully developed and tested Reduced Capability (RedCap) - a pioneering 5G Intern...
SK Telecom to host global AI hackathon in Seoul with OpenAI
South Korea's SK Telecom Co. will hold next month an artificial intelligence contest with OpenAI, the American information and communications techno...
Brokerages cut E-Mart’s share price target after disappointing Q2
South Korea’s largest hypermarket chain E-Mart Inc., a unit of domestic retail giant Shinsegae Group, on Wednesday posted disappointing second...
Samsung C&T sells 150-MW solar power project in US
South Korea's Samsung C&T Corp. on Wednesday said its US-based green energy affiliate Samsung C&T Renewables sold a project for construction...
Hyundai Steel further scales back on Chinese operations
South Korea’s Hyundai Steel Co. has sold its subsidiary in Chongqing, China to further scale back Chinese operations as it loses ground to low...
Mirae Asset Global Investments buys Australian robo-advisor firm
South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...
Binggrae’s overseas exports soar to record in H1 2023
South Korean food and beverage company Binggrae reported a 27% year-on-year leap in overseas exports, hitting 77.5 billion won ($57.8 million) in th...
Korean C&R Research to set up US, Thai units for global biz
C&R Research Inc., South Korea’s top contract research organization (CRO), plans to establish units in the US and Thailand this year while...
Tokio Marine seeks to sell SE Asia units to S.Korean companies
Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...
Falling mineral prices to hit Korean battery materials makers
South Korean battery materials makers are likely to report worsened profitability in the third quarter of this year as prices of lithium hydroxide a...
Korean game market needs new titles for breakthrough
South Korean game developers are struggling to revive gamers’ interest without releasing new blockbuster titles to fill the big shoes left by ...
Cosmax opens Asia's largest cosmetics plant in China
Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...
SK invests $100 mn in ChatGPT developer's rival Anthropic
South Korea’s SK Telecom Co. said on Sunday it has invested $100 million in the US startup Anthropic, a ChatGPT rival artificial intelligence ...
Taihan Cable posts highest first-half operating profit in 20 years
South Korea's Taihan Cable & Solution Co. announced on Friday that its consolidated operating profit for the first half of this year reached 41....
S.Korea's Nongshim earns H1 operating profit of $89 million
South Korean food and beverage giant Nongshim Co. saw operating profit in the first half of the year more than double thanks to strong instant noodl...
S.Korea's Twelve Labs ranks among world's top 50 generative AI startups
South Korea’s Twelve Labs was included as the only Korean company in CB Insights’ first annual GenAI 50 ranking, a list of the world&rsq...
Samsung’s latest Galaxy smartphones, watches hit global markets
Samsung Electronics Co.'s latest models of its flagship Galaxy series of smartphones, watches and tablets have begun hitting the shelves of the comp...
S.Korea's Hanon Systems hits 'home run' with heat pump for EVs
Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second quarter in blowing awa...
LG Electronics’ projectors sweep world’s No. 3 golf market
Screen golf centers have become another gold mine for LG Electronics Inc. thanks to Koreans’ unwavering golf enthusiasm, which has made the wo...
Hyundai Steel develops industrial neutron analyzer jointly with startup
Hyundai Steel Co., South Korea's second-largest steelmaker, announced on Thursday that it has successfully collaborated with the in-house startup 3I...
Affiliate of S.Korea's POSCO Int'l to supply natural gas in Australia
South Korea's POSCO International Corp. on Thursday said Senex Energy, its Australia-based natural gas subsidiary, will supply natural gas to seven ...
S.Korea's LG Uplus branches to offer travel services
South Korea's telecom service provider LG Uplus Corp. will start offering travel services at its offline branches. The company on Wednesday said it ...
S.Korea's SK C&C enters battery sector with DNA Motors
South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...
Samsung to unveil vision for chips resembling human senses at Tech Day
Chipmakers around the world have long aspired to develop semiconductors that can replicate human senses such as smell, hearing, vision, taste and to...
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...
Kakao Healthcare signs agreement with Novo Nordisk for digital service
Kakao Healthcare Corp., a digital healthcare platform unit of South Korea's Kakao Corp., announced that it has signed on Tuesday a business agreemen...
Korean swimwear Barrel posts profit in post-pandemic surfing boom
South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...
Flying to S.Korea's Jeju Island? Just bring smartphone
The identity verification app Pass of South Korea's three telecom companies has added another function: enabling a user to board a domestic flight w...
