Celltrion increases its stake in British ADC developer Iksuda

Celltrion Inc. has secured an additional stake in the UK's antibody-drug conjugate (ADC) developer Iksuda Therapeutics.According to Celltrion on Wed...

Kolmar Korea to establish new cosmetics production base in Sejong City

South Korea's cosmetic original design manufacturer Kolmar Korea said Wednesday that it would establish a cosmetics production base equipped with ar...

Hyundai, Kia make up 11.3% of UK's new car registrations in 2022

South Korean carmaker Hyundai Motor Group accounted for 11.3% of the new car registrations in the UK last year, according to a report that the Socie...

Carrier’s Korea JV aims to raise sales with cold chain biz

Carrier Global Corp.’s joint venture in South Korea aims to ramp up sales with the cold chain business, the series of actions and equipment ap...

Kia Sportage selected Family SUV of Year by UK auto journal

Kia Corp. said on Friday that its sport utility vehicle (SUV) Sportage has been named Family SUV of the Year by the British automotive magazine What...

Korea’s top probiotic drink maker hy to expand global biz

South Korea’s leading probiotic drink maker hy Co. is seeking to expand its health functional food business into the global market as demand f...

Metaverse-based virtual offices: New breadwinner for LG CNS

LAS VEGAS – While buzzwords such as avatar and the metaverse are on everyone’s lips these days, waking up in the morning and going to a ...

Hyundai E&C wins record $28.4 billion in new orders last year

South Korean builder Hyundai Engineering & Construction last year earned sales of 21 trillion won ($17 billion) thanks to growth in the domestic...

Activist fund nominates director candidates for KT&G

A Singapore-based activist fund has stepped up pressure on the world’s fifth-largest tobacco maker KT&G Corp. to reform governance and boo...

Hyundai Doosan Infracore unveils new construction equipment brand

South Korea's Hyundai Doosan Infracore Co. on Wednesday said that in a news conference in Las Vegas on the day before, it unveiled its new construct...

GC Biopharma's Sanfilippo treatment eligible for FDA priority review

GC Biopharma Corp. said on Wednesday that its Sanfilippo type A treatment, which is under joint development with Novel Pharma, a bio-venture special...

Samsung touts Galaxy S23 Ultra smartphone as best of the best

Get ready for the best of the best, says Samsung Electronics Co.'s mobile business chief days before its Galaxy Unpacked 2023 event, where it plans ...

Lotte to invest $55 mn in Indian ice cream subsidiary for 5 years

South Korea-based Lotte Confectionery Co. will invest  4.5 billion rupees ($55.1 million) in its Indian unit Havmor Ice Cream in the next five ...

Samsung to open Galaxy Experience Spaces for Galaxy Unpacked

Samsung Electronics Co. will open 29 interactive Galaxy Experience Spaces in 24 locations in 19 countries, following the Galaxy Unpacked event to be...

Samsung unveils 200-megapixel image sensor for Galaxy S23 Ultra

Samsung Electronics Co. on Tuesday unveiled its latest image sensor, the ISOCELL HP2, with improved pixel technology, which is widely expected to ...

Kakao Mobility launches future mobility hardware think tank

South Korea's Kakao Mobility has launched a think tank to study next-generation mobility hardware under the company's bid to lead overall innovation...

Stay-in-hotel trend for the holidays revs up luxury hotels

Luxury hotels in South Korea are enjoying the emerging trend of Koreans choosing relaxing vacations at hotels, rather than taking holidays overseas....

Kookmin Bank launches foreign currency trading platform KB Star FX

South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...

SK Hynix creates Master title, highest position among field hands

SK Hynix Inc. said on Monday that it has newly established a "master" position, which is the highest level among field workers who repair and mainta...

Kia to break ground on new Korean EV plant in March

Kia Corp., South Korea’s No. 2 automaker, is set to break ground in March on a domestic factory to produce electric purpose-built vehicles (PB...

SK-Ford JV likely to raise $4 bn via US loan program

Glendale, Kentucky -- A battery joint venture between South Korea’s SK On Co. and Ford Motor Co. is likely to raise about $4 billion in a US g...

Hyundai IONIQ 6 honored as safest family car in Europe

Hyundai Motor Co.'s  first fully electric sedan IONIQ 6 has been named the safest family car in Europe.Hyundai Motor on Friday said the Europea...

Samsung’s new 5 nm high-performance SSD faster, uses less power

Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it is ready to produce in large quantities PM9C1a, its latest ...

KCC to mass produce ceramics for eco-friendly vacuum interrupters

KCC Corp. said on Thursday that it would mass produce ceramic products for eco-friendly vacuum interrupters that do not emit sulfur hexafluoride (SF...

LS Cable & System develops flexible, stronger aluminum alloy 

LS Cable & System Ltd., together with its aluminum materials affiliate LS Alsco, has developed a new aluminum alloy that can replace copper wire...

Hanwha to build largest US solar energy hub for $2.5 bn

South Korea’s Hanwha Solutions Corp. said on Wednesday that it will invest 3.2 trillion won ($2.5 billion) to build the largest solar energy p...

Nexon teams up with 'Parasite' film production company Barunson E&A

Nexon, one of South Korea's top three game giants, on Tuesday said it signed a strategic memorandum of understanding with Barunson Entertainment &am...

Korea’s secondhand car market cools amid elevated interest rates

South Korea’s secondhand car market is cooling rapidly as both dealers and buyers are reeling from elevated interest rates, which also bode il...

Kakao Pay likely to be included in MSCI index next month

South Korean mobile payment services firm Kakao Pay Corp. will be newly incorporated into the MSCI index next month, inducing an influx of more than...

Seoul ranks 7th in city competitiveness assessed by Japanese Institute

Seoul's urban competitiveness rebounded after five years, ranking seventh in the world. It was due to the fact that the ranking of the economy categ...