Samsung, LG waging fierce war in OLED screen panels

Samsung, LG waging fierce war in OLED screen panels

South Korea’s Samsung Display and LG Display Co. are locked in a fierce war for supremacy in manufacturing OLED panels for monitors amid boomi...

CJ ENM expands global reach with entertainment IP exports

CJ ENM expands global reach with entertainment IP exports

South Korean entertainment giant CJ ENM Co. is broadening its international reach, exporting its widely popular entertainment show intellectual prop...

LG Uplus set to catch up to KT as Korea’s No. 2 mobile carrier

LG Uplus set to catch up to KT as Korea’s No. 2 mobile carrier

  LG Uplus Corp., the perennial No. 3 mobile carrier in South Korea, is fast catching up to its closest rival KT Corp. to rank second just beh...

POSCO International, GS Caltex to build palm oil refinery in Indonesia

POSCO International, GS Caltex to build palm oil refinery in Indonesia

South Korea’s POSCO International Corp. and GS Caltex Corp. on Thursday signed a $210 million deal to build a bio feedstock refinery facility ...

Seoul to launch AI chatbot service for foreign visitors' tour planning

Seoul to launch AI chatbot service for foreign visitors' tour planning

Seoul city government is in talks with tech firms including Google LLC, Microsoft Corp. and Naver Corp. to provide foreigners with artificial intell...

KAI participates in International Astronautical Congress 2023

KAI participates in International Astronautical Congress 2023

Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, participated in the 74th International Astronautical Congr...

Samsung unveils next-generation flagship mobile processor

Samsung unveils next-generation flagship mobile processor

SAN JOSE, California -- Samsung Electronics Co., the world’s top memory chipmaker, on Thursday unveiled the Exynos 2400, a new premium mobile ...

Rebellions, Samsung to jointly develop new AI chip

Rebellions, Samsung to jointly develop new AI chip

South Korea's AI semiconductor startup Rebellions announced a strategic partnership with Samsung Electronics Co. to co-develop their next-generation...

Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs

Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs

Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches of the two South Kor...

S.Korea’s corporate R&D spending lags global rivals

S.Korea’s corporate R&D spending lags global rivals

Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...

Foreign tourists can use Kakao Taxi in S.Korea

Foreign tourists can use Kakao Taxi in S.Korea

South Korea’s Kakao Mobility announced on Thursday that it has started integrating its taxi service app Kakao T with overseas apps. Foreign to...

Lotte Biologics to break ground on 1st local CDMO plant in 2024

Lotte Biologics to break ground on 1st local CDMO plant in 2024

South Korea’s Lotte Biologics Co. is set to start building its first local facility for drug manufacturing next year, aiming for 400,000 liter...

Samsung Electronics to soon unveil Galaxy SmartTag2

Samsung Electronics to soon unveil Galaxy SmartTag2

Samsung Electronics Co. on Thursday announced its planned global release on Wednesday of Galaxy SmartTag2, the improved version of its mobile access...

Creator of Baby Shark, Pinkfong to launch music variety show

Creator of Baby Shark, Pinkfong to launch music variety show

The lovable children’s characters Pinkfong and Baby Shark will soon star in a music variety show for their legions of global fans.The Pinkfong...

Kakao completes first in-house data center

Kakao completes first in-house data center

South Korean tech giant Kakao Corp. has completed construction of its first in-house data center that can store 120,000 computer servers, with its l...

HMM to open fastest shipping route from S.Korea to Indonesia

HMM to open fastest shipping route from S.Korea to Indonesia

South Korea's HMM Co. on Tuesday said it will open a direct route connecting Busan with the Indonesian cities of Jakarta and Surabaya.The revamped I...

POSCO, Bartlett to set up grain procurement joint venture

POSCO, Bartlett to set up grain procurement joint venture

South Korea’s POSCO International Corp. plans to invest in Bartlett and Company’s soybean processing company within the year and set up ...

Shinsegae Int’l to be exclusive distributor of D&G Beauty in S.Korea

Shinsegae Int’l to be exclusive distributor of D&G Beauty in S.Korea

South Korea's Shinsegae International said on Tuesday that it has signed an exclusive distribution contract with the Italian cosmetic brand Dolce &a...

Live commerce app Grip aims to expand into Japan, US in 2024

Live commerce app Grip aims to expand into Japan, US in 2024

Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the...

Hyundai Motor, Georgia Tech partner for future mobility tech

Hyundai Motor, Georgia Tech partner for future mobility tech

Hyundai Motor Group has chosen Georgia Tech as its new academic partner in the US to work together on developing sustainable mobility technologies a...

KG Mobility unveils Torres EVX, electric version of its popular SUV

 KG Mobility unveils Torres EVX, electric version of its popular SUV

KG Mobility Corp., formerly Ssangyong Motor Co., on Wednesday unveiled its much-anticipated electric vehicle (EV), the Torres EVX. The Torres model,...

Hyundai, Kia to launch solution for mobility impaired in Singapore

Hyundai, Kia to launch solution for mobility impaired in Singapore

South Korea's Hyundai Motor Co. and Kia Corp. are extending their Universal Mobility Project to Singapore with a new initiative aimed at aiding the ...

Samsung Heavy, Pan Ocean to co-develop digital solutions

Samsung Heavy, Pan Ocean to co-develop digital solutions

South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's...

Hyundai promotes Busan’s bid for 2030 Expo in New York with art cars

Hyundai promotes Busan’s bid for 2030 Expo in New York with art cars

Hyundai Motor Group supports Busan’s bid to host the 2030 World Expo with IONIQ 5, IONIQ 6, and Genesis G80 covered with graffiti reading &l...

HMM embarks on biofuel ship pilot testing on global route

HMM embarks on biofuel ship pilot testing on global route

South Korea has begun a pilot operation of a biofuel-powered container ship on a global route, the government said on Friday. HMM Co.'s container sh...

NCSOFT to run Battle Crush’s CBT in October for H1 2024 launch  

NCSOFT to run Battle Crush’s CBT in October for H1 2024 launch  

NCSOFT Corp., a major South Korean game developer and publisher, is inviting game lovers to take part in the closed beta test (CBT) of its new actio...

Lotte Healthcare to launch AI-based health management platform

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.Korean travel guide featuring BTS published

S.Korean travel guide featuring BTS published

The Korea Economic Daily (KED) on Tuesday released The Purple Road, a tourist guide of South Korea highlighting places where the seven members of ...

POSCO, Hyundai unveil hydrogen value chains at H2 MEET 2023

POSCO, Hyundai unveil hydrogen value chains at H2 MEET 2023

Hydrogen-fueled cars, drones and energy systems were unveiled on Wednesday during South Korea’s largest hydrogen industry exhibition H2 MEET, ...

VaxCell Bio's treatment shows promise for advanced liver cancer

VaxCell Bio's treatment shows promise for advanced liver cancer

South Korea's VaxCell Biotherapeutics Co. on Tuesday said its treatment for advanced liver cancer under development stopped or greatly reduced the g...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs