SK Networks establishes AI lab in Silicon Valley

SK Networks establishes AI lab in Silicon Valley

South Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology development organizati...

Woori Financial opens DinnoLab Vietnam Center

Woori Financial opens DinnoLab Vietnam Center

South Korea's Woori Financial Group announced on Wednesday that it has opened the DinnoLab Vietnam Center in Hanoi.DinnoLab is a program by Woori ...

BMW to support Korean automotive startups at new R&D center

BMW to support Korean automotive startups at new R&D center

German luxury carmaker BMW Group is set to support South Korean automotive startups in their overseas expansion as it on Monday opened a new researc...

Innospace, LIG Nex1 to co-work for space, defense business

Innospace, LIG Nex1 to co-work for space, defense business

South Korea's space launch startup Innospace announced on Wednesday that it signed a business agreement with LIG Nex1 Co. for cooperation and commer...

Kumho Tire to supply premium tires to Jeep, Peugeot in Korea

Kumho Tire to supply premium tires to Jeep, Peugeot in Korea

Kumho Tire Co., South Korea’s No. 2 tire maker, announced on Tuesday that it will supply tires to 33 official service centers nationwide for J...

Chanel to open after-sales service center in Seoul

Chanel to open after-sales service center in Seoul

French luxury label Chanel is planning to open a dedicated after-sales service center in South Korea, one of the world’s largest markets for h...

LF’s fashion brand Dunst teams up with E-Land for China push

LF’s fashion brand Dunst teams up with E-Land for China push

South Korean clothing company LF Corp. said on Monday that its street fashion brand Dunst will build an offline presence in China in partnership wit...

LG CNS, Sinar Mas to form JV in Indonesia

LG CNS, Sinar Mas to form JV in Indonesia

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it signed an investment...

Kia taps ex-BMW, Mercedes-Benz designers for China, Europe

Kia taps ex-BMW, Mercedes-Benz designers for China, Europe

Kia Corp., South Korea’s No. 2 automaker, has appointed former designers of German luxury carmakers BMW AG and Mercedes-Benz AG as chiefs of i...

SK Enmove in talks to deliver liquid cooling system to US tech firm

SK Enmove in talks to deliver liquid cooling system to US tech firm

South Korea’s lube oil maker SK Enmove Co. is seeking to supply liquid immersion cooling systems for data centers of a US technology company, ...

Hanjin, Tuushin Group to co-work for logistics in Mongolia

Hanjin, Tuushin Group to co-work for logistics in Mongolia

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it signed a memorandum of understanding (MOU) wit...

Reversing age possible in a decade: Harvard Prof. David Sinclair

Reversing age possible in a decade: Harvard Prof. David Sinclair

Humans will be able to control biological age and reverse their age in 10 years with advancements in medical science and live up to around 120, abou...

SK Ecoplant opens US recycling plant for data center servers

SK Ecoplant opens US recycling plant for data center servers

SK Ecoplant Co., a South Korean construction engineering and waste management firm, said on Thursday it launched a recycling plant for data cen...

LG Uplus unveils AI Callbot at Cuckoo call center

LG Uplus unveils AI Callbot at Cuckoo call center

South Korea’s LG Uplus Corp. announced on Tuesday that it will introduce the smart customer support solution artificial intelligence (AI) Call...

AliExpress sells top K-food maker’s products in S.Korea

AliExpress sells top K-food maker’s products in S.Korea

AliExpress, an e-commerce arm of China’s Alibaba Group, on Thursday started selling products of CJ CheilJedang Corp., South Korea’s top ...

SK Enmove, UK’s Iceotope to develop coolant for SK Telecom’s data center

SK Enmove, UK’s Iceotope to develop coolant for SK Telecom’s data center

South Korea’s lube oil maker SK Enmove Co. has partnered with UK-based precision liquid cooling system specialist Iceotope Technologies Ltd. t...

CJ Logistics builds logistics center for Crocs

CJ Logistics builds logistics center for Crocs

South Korea’s CJ Logistics announced on Thursday that it has established a global logistics center for the renowned shoe brand Crocs in Icheon...

S.Korea's EcoPro to seek local talent in Hungary

S.Korea's EcoPro to seek local talent in Hungary

South Korean battery materials manufacturer EcoPro Co. announced on Monday that it partnered with the Debrecen Vocational Training Center in Debrece...

LG Electronics puts focus on customers to drive growth

LG Electronics puts focus on customers to drive growth

LG Electronics Inc., transitioning into a smart life solution platform company from a simple white goods manufacturer, will enhance its customer-cen...

S.Korean refiners’ competition in EV lubricants sector intensifies

S.Korean refiners’ competition in EV lubricants sector intensifies

Refiners in South Korea are in a race to expand their presence in the electric vehicle lubricants market through overseas production facilities and ...

Samsung C&T develops new cooling system for data centers

Samsung C&T develops new cooling system for data centers

Samsung C&T Corp. announced on Wednesday that it collaborated with the domestic cooling system tech company DataBean to develop and commercializ...

Samsung, Princeton Univ. to team up for 6G R&D

Samsung, Princeton Univ. to team up for 6G R&D

Samsung Electronics Co. announced on Tuesday that its fore-front R&D center Samsung Research America (SRA) has joined Princeton University&rsquo...

Genesis partners with racing legend Jackie Ickx

Genesis partners with racing legend Jackie Ickx

Hyundai Motor Co. 's premium brand Genesis announced on Thursday that the worldwide racing legend Jacky Ickx will join its official Brand Partner. ...

Cosmax opens integrated R&D center for bio-material

Cosmax opens integrated R&D center for bio-material

Cosmax Group, South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), announced on Monday that it has la...

LG CNS launches AI center for synergy of business, research

LG CNS launches AI center for synergy of business, research

South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., said on Sunday it has launched an artificial intelligence center to stre...

Lotte Duty Free holds grand reopening ceremony at Changi Airport

Lotte Duty Free holds grand reopening ceremony at Changi Airport

Lotte Duty Free held a grand opening ceremony for its Changi Airport store in Singapore, marking the official start of its 19 stores.Lotte Duty Free...

Korean military fund anchors $142 mn real estate fund

Korean military fund anchors $142 mn real estate fund

South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, is set to become an anchor investor in...

Naver, Com2uS slash workforce to downsize new businesses

Naver, Com2uS slash workforce to downsize new businesses

South Korea’s leading online platforms and gaming publishers such as Naver Corp., Com2uS Corp. and Kakao Corp. have joined global Big Tech com...

Mojave Proving Ground: Backbone of Hyundai, Kia’s success in US

Mojave Proving Ground: Backbone of Hyundai, Kia’s success in US

CALIFORNIA CITY, Calif. – The Mojave Desert, known by locals as the "high desert," lies some 170 km northeast of Los Angeles, California. In t...

Former Hyundai Mobis CEO embarks on ISO president term

Former Hyundai Mobis CEO embarks on ISO president term

In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit