Samsung to unveil Galaxy Fit3 in global market

Samsung Electronics Co. announced on Thursday that it will release its new fitness band, the Galaxy Fit3. The device features an expansive 40mm di...

Celltrion to deliver three treatments to Peru

South Korea’s Celltrion Inc. announced on Thursday that it will supply three treatments, including its blood cancer drug Truxima (rituximab) t...

Korea’s ELS market to stagnate after HSCEI debacle: KOFIA chairman

The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...

S.Korea’s LS Group wins regulatory nod for securities biz

South Korea’s electrics components-to-energy conglomerate LS Group is set to start the securities business as it secured regulatory approval t...

Samsung AI features on 100 mn Galaxy phones by year-end: mobile chief

SAN JOSE, Calif. – Samsung Electronics Co., said on Wednesday it aims to have at least 100 million units of its flagship Galaxy line of smartp...

Hyundai, Samsung-backed startups vie for spotlight at CES  

LAS VEGAS – At CES, big tech names often take center stage but this is also a dream place for underdogs to become rising stars with unconventi...

Asiana, Korea Univ. to jointly attract medical tourism

South Korea's Asiana Airlines Inc. announced on Monday that it has partnered with Korea University Anam Hospital to promote medical tourism. The agr...

Korean travel agencies enjoy surging overseas trip demand

South Korea’s travel agencies enjoyed strong demand for overseas trips, adding to hopes that their earnings are likely to improve further this...

ViGenCell, NK/T cell lymphoma treatment ‘VT-EBV-N’ designated as orphan drug in Europe

ViGenCell, a company specializing in immune cell therapy, announced on the 19th that its NK/T cell lymphoma treatment "VT-EBV-N" has been designated...

KOWEPO inks $302 mn financing deal for Oman solar project

Korea Western Power Co. (KOWEPO) said on Thursday it signed a 400 billion won ($301.8 million) financing deal for a solar power generation project i...

S.Korea to buy more F-35As, but picks Embraer C-390s for transport

South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerospace company Embraer&...

Hanwha Aerospace to export more K9 howitzer to Poland

Hanwha Aerospace Co. announced on Monday that it signed a $2.6 billion executive contract with the Polish State Armament Agency to export additional...

Kakao Mobility looks abroad to expand taxi services

South Korea’s Kakao Mobility Corp. is expanding overseas services in the face of criticism over its business practices, including the alleged ...

Innocean to enter Japanese ad market

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Monday it signed a memorandum of understanding...

After a boom and bust, the chip industry Is regaining its health

The global semiconductor industry is bottoming out, executives say, signaling a rebound in some areas of technology and providing relief for the U.S...

Netmarble sells 6% stake in BTS label HYBE in block deal

South Korea’s leading game developer Netmarble Corp. said on Tuesday it sold a 6% stake in HYBE Co., the music label behind K-pop sensation ...

Kakao in emergency mode under regulatory, antitrust probes

Kim Beom-soo, founder and chairman of South Korea’s largest mobile platform Kakao Corp., convened an emergency meeting with some 20 chief exec...

KGC hawks red ginseng at top US expo for health functional food

Jung Kwan Jang, the flagship brand of Korea Ginseng Corp. (KGC), has been featured at North America’s leading expo for raw ingredients of heal...

Space industry to usher in Saudi Arabia's 2nd boom: KAI

Korea Aerospace Industries Ltd. (KAI) on Wednesday signed a memorandum of understanding with the Saudi Space Agency (SSA) to collaborate broadly in ...

Samsung Elec to develop spam filter with public web body

Samsung Electronics Co. and the Korea Internet & Security Agency (KISA) on Wednesday signed a memorandum of understanding on minimizing damage t...

Israel-Hamas war takes toll on S.Korean pilgrims

The war in Israel and Gaza, which has paralyzed some parts of the Middle East, is also set to put a complete stop to South Koreans’ tours of t...

CJ CheilJedang to sell off its Brazilian soybean crusher

South Korean food giant CJ CheilJedang Corp. said Tuesday it will sell its full ownership in Brazilian soybean crusher CJ Selecta S.A., or a 66% sta...

Celltrion Pharm gets GMP certification from Japan

Celltrion Pharm Inc. announced on Wednesday that its pre-filled syringe (PFS) production facility in Cheongju, North Chungcheong Province has obtain...

S.Korea's travel agencies fight for survival with customized products

South Korea’s major travel agencies, feeling threatened by the rise of online travel agencies on the tourism market, are using their strengths...

Ex-CEOs return to firms in Korea for operational stability

Former chief executives of South Korean firms are being recruited by their previous employers as the companies need the seasoned experience of these...

Hyundai E&C, Naver Cloud to develop futuristic healthy housing model

South Korea's Hyundai Engineering & Construction (E&C) on Thursday announced its signing of a deal with Naver Cloud on cooperation in the de...

Kolmar Global launches hangover reliever Condition in Singapore

South Korea's Kolmar Global, a subsidiary of Kolmar Korea Holdings, on Monday said it exported the domestic hangover reliever brand Condition to Sin...

Lotte Healthcare to launch AI-based health management platform

South Korea's Lotte Healthcare has entered the digital healthcare market through the launch next week of its personalized healthcare management pl...

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...

FNSValue, UN agency to provide passwordless authentication for fintech

South Korean blockchain company FNSValue Co. on Monday signed a partnership agreement with the International Telecommunication Union (ITU), the Unit...