Samsung Elec joins global 4-day workweek push for work-life balance

 Samsung Elec joins global 4-day workweek push for work-life balance

Samsung Electronics Co. is joining the global four-day workweek move, albeit only partially, under its chief Jay Y. Lee’s leadership that emph...

Samsung Heavy to establish R&D center in Busan

Samsung Heavy to establish R&D center in Busan

Samsung Heavy Industries is pushing forward with the establishment of a research and development (R&D) center in Busan. This move is part of the...

Big Tech, Japanese comics publishers target webtoon business

Big Tech, Japanese comics publishers target webtoon business

Big Tech have started webtoon services while major Japanese comic book publishers are gearing up for the business, threatening South Korea’s o...

SKC mulls investment in materials in Haiphong, Vietnam

SKC mulls investment in materials in Haiphong, Vietnam

South Korea's SKC has teamed up with Haiphong, a key industrial city in northeastern Vietnam, to reinforce the company's basis for global expansion ...

LG Group to launch global strategy center in July

LG Group to launch global strategy center in July

LG Group will reportedly launch next month a global strategy center to analyze business trends abroad and devise responses.Industry sources on Sunda...

Hyundai Elantra N TCR wins 2023 TCR World Tour in Italy

Hyundai Elantra N TCR wins 2023 TCR  World Tour in Italy

Hyundai Motor Co. announced on Monday that the Elantra N TCR has won the 2023 TCR (touring car racing) World Tour in Vallelunga Circuit, Campagnano ...

Hyundai ramps up ties with Samsung, SK, LG for EVs, self-driving cars

Hyundai ramps up ties with Samsung, SK, LG for EVs, self-driving cars

South Korea’s top automaker Hyundai Motor Co. is strengthening its tech alliance with its local partners such as Samsung, LG and SK to stay ah...

OpenAI’s Sam Altman seeks help from Korean startups, chipmakers

OpenAI’s Sam Altman seeks help from Korean startups, chipmakers

Sam Altman, chief executive of Microsoft-backed OpenAI and ChatGPT creator, said on Friday that he hopes to collaborate with South Korean developers...

KB Financial, Sompo Japan team up for boosting nursing care services

KB Financial, Sompo Japan team up for boosting nursing care services

South Korea's KB Financial Group and Japan's Sompo Holdings announced on Friday a memorandum of understanding (MOU) to collaborate on nursing care s...

Hanjin to participate in operation of logistics center in Thailand

Hanjin to participate in operation of logistics center in Thailand

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Friday that it will open a 9,000-square-meter container freight ...

Samsung unveils 2023 model TV, home appliances in China

Samsung unveils 2023 model TV, home appliances in China

Samsung Electronics Co. announced that it held the 2023 China Tech Seminar in Beijing, China, on Friday, unveiling the new TV and home appliance tec...

Hanwha Q Cells sweeps global solar energy industry awards

Hanwha Q Cells sweeps global solar energy industry awards

Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...

S.Korea’s Handsome releases brand book with Assouline

S.Korea’s Handsome releases brand book with Assouline

South Korean fashion company Handsome Corp., a division of Hyundai Department Store Group, said on Thursday that it has partnered with Assouline, on...

Mirae Asset Securities, Near Protocol team up for blockchain techs

Mirae Asset Securities, Near Protocol team up for blockchain techs

South Korea's Mirae Asset Securities announced on Thursday that it has signed a memorandum of understanding (MOU) for collaborative research in bloc...

Affinity Equity Partners’ Korea head Sam Lee resigns

Affinity Equity Partners’ Korea head Sam Lee resigns

Affinity Equity Partners’ Seoul office head Sam Lee has left the global investment firm, sources familiar with the matter told The Korea Econo...

Samsung to supply new Exynos auto chip to Hyundai in close tie-up

Samsung to supply new Exynos auto chip to Hyundai in close tie-up

Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it will supply one of its latest automotive chips to Hyundai ...

SK Telecom displays cutting-edge network tech for smart battleships

SK Telecom displays cutting-edge network tech for smart battleships

South Korea's SK Telecom Co. is taking part in this year's International Maritime Defense Industry Exhibition (MADEX), which ends Friday, at Busan...

Samsung to showcase new Galaxy foldables in Seoul in July

Samsung to showcase new Galaxy foldables in Seoul in July

Samsung Electronics Co., the world’s largest smartphone maker, will showcase new foldable smartphones in the Galaxy Z series next month for th...

SK set to produce faster EV chargers than Tesla in US

SK set to produce faster EV chargers than Tesla in US

DALLAS, TEXAS - South Korea’s SK Signet Inc. is poised to produce electric vehicle chargers with the fastest charging speed in the US, targeti...

Yanolja teams up with SE Asia's largest travel platform

Yanolja teams up with SE Asia's largest travel platform

South Korea's tourism platform unicorn Yanolja announced on Monday that it will expand its overseas travel services by linking with Traveloka, a ren...

Samsung perfects the home theater with top-notch multichannel soundbar

Samsung perfects the home theater with top-notch multichannel soundbar

Samsung Electronics Co. is not only the world’s biggest TV and memory chip maker but also the global No. 1 soundbar brand thanks to its top-no...

HYBE in talks to raise $380 million to reach beyond K-pop: Bloomberg

HYBE in talks to raise $380 million to reach beyond K-pop: Bloomberg

HYBE Co., the South Korean entertainment powerhouse behind BTS, is said to be seeking to finance about 500 billion won ($380 million) to bring more ...

Teachers' Pension to up global alternatives to 19% of AUM by 2027

Teachers' Pension to up global alternatives to 19% of AUM by 2027

Teachers’ Pension (TP), South Korea’s major pension fund for private school employees, will accelerate investment in domestic bonds whil...

S.Korea opens logistics center at Surabaya port, Indonesia

S.Korea opens logistics center at Surabaya port, Indonesia

South Korea said it opened a logistics center at a port in Surabaya, Indonesia, to support exports to Southeast Asia’s top economy.The Ministr...

CJ OliveNetworks to build pharmaceutical distribution center

CJ OliveNetworks to build pharmaceutical distribution center

South Korean digital service company CJ OliveNetworks is accelerating its logistics center operations by teaming up with Pusan National University Y...

HD KSOE to participate in EU's largest hydrogen transportation project

HD KSOE to participate in EU's largest hydrogen transportation project

South Korea's HD Korea Shipbuilding & Offshore Engineering  (HD KSOE), the shipbuilding holding company of HD Hyundai Co. , is participatin...

Hanmi Semiconductor sets up local corporation in Vietnam

Hanmi Semiconductor sets up local corporation in Vietnam

South Korean chip equipment maker Hanmi Semiconductor Co. said on Wednesday that it has set up a local subsidiary, Hanmi Vietnam, in the Bac Ninh re...

DB Group, T&T Group sign agreement for business corporation

DB Group, T&T Group sign agreement for business corporation

DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...

Doosan Enerbility joins global fusion project ITER

Doosan Enerbility joins global fusion project ITER

South Korea’s Doosan Enerbility Co. will supply pressurizers to the global fusion project International Thermal Experimental Reactor (ITER) ...

POSCO Int'l secures graphite supply from Tanzania

POSCO Int'l secures graphite supply from Tanzania

South Korea's POSCO International has signed a deal on the supply of natural graphite to strengthen its battery raw materials unit.The company on ...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal