Car of the year

Global smartphone shipments will decline 1.1% this year to 1.2 billion units, down from the previous 2.8% growth forecast due to weak demand and m...

South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product prices but utility p...

LG Electronics Inc. said on Monday that it has won a performance award from the Air-Conditioning, Heating & Refrigeration Institute (AHRI), a US...

Samsung Electronics Co. is ramping up its marketing efforts for its latest line of high-end TVs, including the 2023 Neo QLED 8K model, with a giant ...

South Korea’s biosimilar giant Celltrion Group’s founder and Honorary Chairman Seo Jung-jin is readying to return to management just two...

Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors Co., spending about 5...

Innogrid Co., a South Korean company specializing in cloud computing and digital transformation, said on Thursday that it secured a three-year deal ...

South Korea’s auto production last year ranked fifth worldwide for the third year in a row.A report on world automotive output from the Korea ...

K Bank, a South Korean Internet-only bank, reported a net profit of 83.6 billion won ($63.6 million) in 2022, which nearly quadrupled compared to th...

South Korea's used car e-commerce platform Carmerce has raised 3 billion won ($2.3 million) in a Series A funding round led by Hankook Tire & ...

South Korea’s exports shrank 7.5% year over year in February on a plunge in shipments of its mainstay export item semiconductors amid the glob...

South Korean budget carrier EastarJet will resume flights on the domestic Gimpo-Jeju route on Mar. 26 after a three-year hiatus due to the COVID-19 ...

South Korean e-commerce giant Coupang Inc. achieved record-high yearly revenue and operating profits for two consecutive quarters between July to De...

Huons Co., a South Korean pharmaceutical company, has announced plans to expand its presence in the North American market by offering two anesthetic...

South Korean chemical and renewable energy firm Hanwha Solutions Corp. announced on Tuesday that it has received a global certification for its recy...

Lotte Chemical Corp., a South Korean petrochemical giant, will rename Iljin Materials Co., the country’s second-largest copper foil maker, as ...

Kumho Tire Co. announced on Monday its title sponsorship of the Touring Car Championship (TCR), a global touring car competition, with the organizer...

South Korea's bio-esthetic pharmaceutical company Jetema Co. will hold clinical trials in the US to advance to the American market, the world's bigg...

South Korea's steelmaker Hyundai Steel announced Sunday that its integrated report 2022 Beyond Steel has been recognized for its excellence by a wor...

South Korea’s leading companies such as SK, POSCO, LG and LX are scurrying to expand their supply chains for lithium and nickel, key raw mater...

Organic light-emitting diode (OLED) products account for over 30% of the global premium TV market, attesting to the technology's emergence as the st...

Hyundai Motor Group, South Korea’s top automaker, will aim at the world’s affordable small electric vehicle segments with new models as ...

Hyundai Motor Group made an announcement on Thursday, saying that its major vehicles had been selected as the best models at the 2023 Editor's Choic...

Humax Mobility, a South Korean car-sharing and parking platform operator, is aiming to become the second mobility service firm to go public in the c...

SK Telecom Co. announced on Wednesday that it had published a technical white paper on 6G common requirements and 5G base station power-saving measu...

Many investors are questioning whether private markets will stay bullish amid uncertainty in 2023. The markets will continue to generate interesting...

South Korea’s Samsung Electronics Co. maintained its No. 1 position in the global TV market in 2022, accounting for nearly 30% of TV sales, ac...

South Korean companies are returning to the local initial public offering market this year, after failing their market debuts last year. But that ha...

Household loans in South Korea last year fell from 2021 for the first time in 20 years because of high interest rates, but credit card debt hit a re...

Kyochon F&B, the operator of South Korea's premier fried chicken brand Kyochon Chicken, said on Tuesday that it has secured a master franchise a...