CES 2023 Korean participants
Scope
Date
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Fashion
Musinsa opens showroom in Tokyo for S.Korean designers’ brands
South Korea's online fashion platform Musinsa opened a showroom in Tokyo on Thursday targeting fashion buyers, as it aims to introduce domestic desi...
Jul 21, 2023 (Gmt+09:00)
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Retail
Korean convenience stores threaten Japanese rivals’ empire
South Korea’s convenience store chains aim to seize the throne from Japanese rivals in Asia by utilizing K-pop and food as they look for new g...
Jul 21, 2023 (Gmt+09:00)
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Artificial intelligence
Naver to unveil AI chatbot Cue: in September 2023
South Korea's web portal giant Naver Corp. on Friday announced the lineup and release schedule of services using its hyperscale artificial intellige...
Jul 21, 2023 (Gmt+09:00)
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Construction
Heerim wins additional contract for Phnom Penh New Airport
South Korea’s Heerim Architects & Planners announced on Friday that it has been awarded a project management consultant (PMC) contract wor...
Jul 21, 2023 (Gmt+09:00)
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Automobiles
Foreign carmakers hit by EV sales drop in S.Korea
Foreign carmakers such as Mercedes-Benz and Tesla Inc. suffered a sales drop in South Korea in the first half of the year, as overall car sales jump...
Jul 20, 2023 (Gmt+09:00)
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Airlines
Occupancy rate of S.Korean LCCs for int’l flights hits 87%
The average occupancy rate (AOR) on international flights of South Korea’s low-cost carriers (LCCs) has exceeded 80%, fully recovering to its ...
Jul 20, 2023 (Gmt+09:00)
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Culture & Trends
BTS’ Beyond the Story tops NYT bestseller list
BTS' first official book "Beyond the Story: 10-Year Record of BTS", published in celebration of 10th Anniversary, topped the New York Times bestse...
Jul 20, 2023 (Gmt+09:00)
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The KED View
Why do so many S.Korean innovators bow out following success?
Bernard Arnault, chairman and CEO of the global luxury goods leader LVMH Moët Hennessy Louis Vuitton, is well known for sporting a full head of...
Jul 20, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Bain Capital in talks to buy Korean aesthetic device maker Ilooda
Ilooda, a South Korean medical aesthetic devices maker valued at around 200 billion won ($158 million), is likely to sell its management rights to U...
Jul 19, 2023 (Gmt+09:00)
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Automobiles
GM Korea releases new Trailblazer geared for S.Korean market
General Motors (GM) Korea on Wednesday launched the domestic sale of its new model of the small SUV Trailblazer customized for the South Korean mark...
Jul 19, 2023 (Gmt+09:00)
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Bio & Pharma
Novomics expands presence in Chinese cancer market
South Korean molecular diagnostics company Novomics Co. announced on Wednesday that it has signed a collaboration agreement with Chinese molecular d...
Jul 19, 2023 (Gmt+09:00)
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Airlines
Korean Air resumes flights from Busan to Japan after three-year suspension
Korean Air Lines Co., the largest airline and flag carrier of South Korea, said on Tuesday that it would resume its operations on the Busan-Fukuoka ...
Jul 19, 2023 (Gmt+09:00)
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IPOs
LS Materials embarks on IPO process to go public in 2023
Global top ultracapacitor player LS Materials Co. is expected to go public in South Korea this year, which would mark the first LS Group company IPO...
Jul 18, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to make Tesla’s fifth-generation HW 5.0 auto chip
Samsung Electronics Co., the world’s largest memory chipmaker, will make Tesla Inc.’s next-generation Full Self-Driving (FSD) chips to b...
Jul 18, 2023 (Gmt+09:00)
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Bio & Pharma
Prestige Biopharma participates in US gov’t Cancer Moonshot
Prestige Biopharma, a Singapore-based biopharmaceutical company with operations in South Korea and the US, announced on Tuesday that it will partici...
Jul 18, 2023 (Gmt+09:00)
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Asset management
Mirae Asset’s global ETFs exceed $100 bn in net asset value
Mirae Asset Global Investments Co., South Korea’s leading asset manager, said on Tuesday its exchange-traded funds (ETFs) worldwide have surpa...
Jul 18, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Aekyung Industrial's sales on Amazon jump 58% in H1 2023
South Korea's Aekyung Industrial announced on Tuesday that its sales on the US e-commerce platform Amazon in the first half of this year increased...
Jul 18, 2023 (Gmt+09:00)
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Fashion
Koreans maintain designer love with used items, 'quiet luxury'
South Koreans are maintaining their love for premium fashion items with purchases of used luxury items and "quiet luxury" goods amid a slowdown in A...
Jul 18, 2023 (Gmt+09:00)
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Hydrogen economy
E1 to invest $75 mn in Canadian blue ammonia project
South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. said on Tuesday its plans of investing 10 million Canadian dollars (US ...
Jul 18, 2023 (Gmt+09:00)
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K-pop
K-Pop music album exports hit record high in H1 2023
South Korea's K-pop music album exports achieved a new all-time record in the first half of this year, with shipments to the US rising to second p...
Jul 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai Santa Fe’s full makeover yields boxier look
Hyundai Motor Co. on Tuesday premiered a new look for its steady-selling SUV Santa Fe. The complete transformation — its first in five years &...
Jul 18, 2023 (Gmt+09:00)
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Bio & Pharma
GI Innovation seeks to license allergy therapy to Japan in 2023
South Korea’s GI Innovation Inc. aims to complete licensing of its allergic diseases treatment candidate to a Japanese drug company by year's ...
Jul 17, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen
Samsung Heavy Industries Co., a leading South Korean shipbuilder, has won a 3.96 trillion won ($3.13 billion) deal to build 16 methanol-powered cont...
Jul 17, 2023 (Gmt+09:00)
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Entertainment
Naver Webtoon becomes No.1 webtoon platform in France
South Korea's Naver Webtoon has made a name for itself as the top webtoon platform in France. Naver Webtoon announced on Monday that it participated...
Jul 17, 2023 (Gmt+09:00)
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Batteries
Korea Zinc likely to supply copper foil to LG Energy for EV batteries
Korea Zinc Co., the world’s largest zinc and lead smelter, will likely start supplying copper foil, a key battery component, to LG Energy Solu...
Jul 17, 2023 (Gmt+09:00)
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Automobiles
S.Korea’s car exports hit H1 record high on brisk EV sales
South Korea’s automobile export value in the first six months of this year hit the highest-ever $35.7 billion for a half-year period, mainly d...
Jul 17, 2023 (Gmt+09:00)
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Airlines
S.Korea-Japan flights outpace Gimpo-Jeju in H1 2023
As Japan eased its border restrictions at the end of last year, the number of passengers on routes between South Korea and Japan in the first half o...
Jul 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT to cooperate with Mongolian gov't on DX techs
South Korea's telecom service provider KT Corp. disclosed on Monday its plans to collaborate with the Mongolian government to usher in a digital tra...
Jul 17, 2023 (Gmt+09:00)
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Hydrogen economy
Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech
South Korea’s power plant builder Doosan Enerbility Co. announced on Monday that it signed an R&D agreement with the UK-based chemical com...
Jul 17, 2023 (Gmt+09:00)
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Advertising & Marketing
Tottenham forward Son’s new role: Samsung Galaxy brand ambassador
Tottenham Hotspur forward Son Heung-min has a new job in his home country, South Korea: brand ambassador for Samsung Electronics Co.'s Galaxy smartp...
Jul 14, 2023 (Gmt+09:00)
Latest News
- 1 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators