Domestic Production Certification
Scope
Date
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Automobiles
Kia unveils teaser images for all-electric EV3
Kia Corp. the second-largest automaker in South Korea, unveiled the first teaser images and video of the upcoming third all-electric sports utility ...
May 07, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung sets up team to win AI chip deal from Nvidia
Samsung Electronics Co., the world’s top memory chipmaker, established a team for a billions-of-dollars high-bandwidth memory chip supply deal...
May 06, 2024 (Gmt+09:00)
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Energy
Doosan Enerbility to export nuclear plant equipment to Romania
South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it won a contract with Canadian nuclear reactor manufacturer Candu ...
May 02, 2024 (Gmt+09:00)
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Earnings
Overseas projects boost Korean builders’ earnings; GS profit cut in half
Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupl...
Apr 30, 2024 (Gmt+09:00)
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Economy
Korea’s factory output backpedals, but spending recovers in March
South Korea’s factory activity weakened in March on a fall in manufacturing output, stoking concerns about Asia’s fourth-largest economy...
Apr 30, 2024 (Gmt+09:00)
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Artificial intelligence
S.Korea’s KT to innovate media, content businesses with AI
South Korea’s telecom giant KT Corp. is set to innovate its media and content businesses with artificial intelligence as it seeks new growth d...
Apr 29, 2024 (Gmt+09:00)
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Fiber & Textile
S.Korea's Andar strengthens tech alliance with LYCRA Company
The athletic-leisure brand Andar Co. announced on Friday that it will strengthen its technological alliance with the LYCRA Company, the world's larg...
Apr 26, 2024 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young opens Hongdae Town for K-beauty experience
CJ Olive Young Corp., South Korea’s top beauty store chain, announced on Thursday that it will open Olive Young Hongdae Town, a specialty stor...
Apr 25, 2024 (Gmt+09:00)
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Logistics
Lotte Global Logistics, Megvii to collaborate AI logistics
South Korea's Lotte Global Logistics announced on Thursday that it signed a memorandum of understanding (MOU) with Megvii Technology, a Chinese arti...
Apr 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai AutoEver gets CSMS Level 3 certification
South Korea's Hyundai AutoEver Corp. announced on Thursday that it obtained the international standard Cybersecurity Management System (CSMS) Level ...
Apr 25, 2024 (Gmt+09:00)
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Retail
KT&G faces $2 bn damages suit over heated tobacco invention
KT&G Corp., the world’s fifth-largest tobacco maker, is facing a $2 billion damages suit from a former employee who claimed the South Kore...
Apr 25, 2024 (Gmt+09:00)
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Artificial intelligence
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...
Apr 25, 2024 (Gmt+09:00)
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The KED View
K-pop: Pros and cons of HYBE's multi-label system
Disputes between HYBE Co. and its label behind popular girl group NewJeans has made headlines as an almost unheard-of conflict in the K-pop industry...
Apr 24, 2024 (Gmt+09:00)
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Fiber & Textile
Toray Advanced Materials obtains AS9120 certification
Toray Advanced Materials Korea Inc. announced Wednesday that it attained the AS9120 certification for aerospace industry quality management systems ...
Apr 24, 2024 (Gmt+09:00)
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Earnings
Hanwha Ocean’s Q1 turnaround brightens earnings outlook
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, turned to the black in the first quarter powered by increasing sales of higher-end ...
Apr 24, 2024 (Gmt+09:00)
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Energy
Qcells inks US solar modules, power plants deal with TGC
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group also known as Qcells in overseas market...
Apr 24, 2024 (Gmt+09:00)
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Automobiles
Hyundai launches the ST1, its 1st electric work van with futuristic styling
South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is launching the ST1, its first fully electric work van that can be retrofi...
Apr 24, 2024 (Gmt+09:00)
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Automobiles
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...
Apr 22, 2024 (Gmt+09:00)
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Pension funds
NPS loses $1.2 bn in local stocks in Q1 on weak battery shares
South Korea’s National Pension Service (NPS), the world's third-largest pension fund, lost 1.66 trillion won ($1.2 billion) in domestic stock ...
Apr 21, 2024 (Gmt+09:00)
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Batteries
POSCO-Pilbara JV delivers 1st order of lithium hydroxide
South Korea’s top steel group POSCO has shipped lithium hydroxide, a rechargeable battery’s key raw material produced jointly with Austr...
Apr 19, 2024 (Gmt+09:00)
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Energy
HD Hyundai Oilbank kicks off biodiesel mass production
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, started mass production of biodiesel to expand its eco-friendly energy b...
Apr 18, 2024 (Gmt+09:00)
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Electronics
LG to double global built-in appliance sales to $722 mn
MILAN, ITALY – LG Electronics Inc. eyes 1 trillion won ($722 million) in global built-in appliance sales in three years by winning the hearts ...
Apr 17, 2024 (Gmt+09:00)
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Electric vehicles
Doosan, LG unveil automated EV charger served by robot
Doosan Robotics Inc. and LG Electronics Inc. have jointly developed an automated electric vehicle charger served by a robot and launched its pilot o...
Apr 16, 2024 (Gmt+09:00)
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Real estate
SK D&D, Habyt to cooperate for residential business
SK D&D Co., a real estate unit of South Korea’s SK Group, announced on Tuesday that it signed a memorandum of understanding (MOU) with the...
Apr 16, 2024 (Gmt+09:00)
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Korean food
Korean kimchi makers spur production in US, Australia
South Korean top food makers such as CJ CheilJedang Corp. and Daesang Corp. are expanding their kimchi factories overseas to meet growing demand for...
Apr 15, 2024 (Gmt+09:00)
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Automobiles
LG, Hyundai seek to deepen vehicle system partnership
LG Group units, including LG Electronics Inc. and LG Innotek Co., are in talks with Hyundai Motor Group to expand collaboration on vehicle systems, ...
Apr 15, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Manyo’s Pure Cleansing Oil to hit US Costco shelves in July
South Korea’s naturalism cosmetics company Manyo Co. has hit the jackpot in a deal to supply its best-selling face cleansing product, Pure Cle...
Apr 12, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to produce 290-layer V9 NAND to win chip stacking war
Samsung Electronics Co., the world’s largest memory chipmaker, is set to begin mass production of 290-layer ninth-generation vertical (V9) NAN...
Apr 11, 2024 (Gmt+09:00)
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Retail
Korea leads global online shopping trend for used luxury goods
South Koreans are leading the trend of buying used luxury goods online with top-end products such as Rolex watches and Hermes bags among the hottest...
Apr 09, 2024 (Gmt+09:00)
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Electronics
Doosan unveils advanced CCL lineup at US IT equipment exhibition
South Korea's Doosan Corp. announced on Tuesday that it will showcase its high-end copper-clad layer (CCL) lineup, applicable to memory, system semi...
Apr 09, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet