Samsung takes on TSMC with strengthened chip design IPs

Samsung Electronics Co., the world’s largest memory chipmaker, aims to drastically expand its chip design intellectual property (IP) partnersh...

SK Energy, SK REIT to establish complex energy platforms

South Korea's SK Energy announced on Wednesday its partnership with Clean Energy REIT, a real estate subsidiary of SK REIT, to embark on the SK Eco-...

Hanwha Ocean's hiring shows shipbuilding's competition for talent

South Korea's Hanwha Ocean Co., formerly Daewoo Shipbuilding & Marine Engineering Co. (DSME), is showing the intense hiring battle in shipbuildi...

Samsung to collaborate with world's leading solar company

Samsung Electronics Co. announced on Tuesday that it is partnering with SolarEdge Technologies, the world's leading solar smart inverter company, to...

Celltrion to expand biosimilar portfolio to 11 by 2025

South Korea's biopharmaceutical company Celltrion Inc. announced on Tuesday that it plans to beef up its portfolio by applying for regulatory approv...

Hyundai's Kona Electric nears 300,000 in cumulative sales

Kona Electric, the best-selling Korean electric vehicle (EV) of Hyundai Motor Co.'s compact sports utility vehicle (SUV), is on the verge of reachin...

Hyundai Elantra N TCR wins 2023 TCR World Tour in Italy

Hyundai Motor Co. announced on Monday that the Elantra N TCR has won the 2023 TCR (touring car racing) World Tour in Vallelunga Circuit, Campagnano ...

LG Energy to expand EV battery care with 7 imported car dealers

South Korea's LG Energy Solution Ltd. has teamed up with seven imported car dealers in the country to expand the company's electric vehicle (EV) b...

Hyundai Mobis exceeds $770 bn in R&D investment in 2023

South Korea's car parts maker Hyundai Mobis is turning into a software-oriented mobility company by investing over 1 trillion won ($772.3 million)...

Samsung unveils 2023 model TV, home appliances in China

Samsung Electronics Co. announced that it held the 2023 China Tech Seminar in Beijing, China, on Friday, unveiling the new TV and home appliance tec...

Hanwha Q Cells sweeps global solar energy industry awards

Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...

POSCO Int'l to supply nearly 7 mn motor cores to Hyundai Motor

South Korea's largest trading company POSCO International on Thursday said its affiliate POSCO Mobility Solution will supply motor cores to Hyundai ...

Challenges, opportunities for Asia’s energy transition: GIG

Global investors injected more than $1 trillion into energy transition for the first time last year. South Korea poured in some $19 billion, becomin...

SK Telecom displays cutting-edge network tech for smart battleships

South Korea's SK Telecom Co. is taking part in this year's International Maritime Defense Industry Exhibition (MADEX), which ends Friday, at Busan...

Samsung to showcase new Galaxy foldables in Seoul in July

Samsung Electronics Co., the world’s largest smartphone maker, will showcase new foldable smartphones in the Galaxy Z series next month for th...

LG Energy, Novonix join hands for US EV battery material

LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, has teamed up with Novonix Ltd., an Australian cell ingredi...

Breitling launches 2nd Korea limited edition watch in 2023

Breitling, a luxury Swiss watchmaker, has launched a limited edition of one of its flagship models, the Chronomat B01 24, in South Korea, marking th...

Korean startups opt for Konex, loans for survival during IPO winter

South Korea's anemic initial public offering market has forced the country’s startups to become more creative in raising funds as they shift t...

POSCO-GM JV to double cathode output, build precursor plant

South Korean battery materials producer POSCO Future M Co. said on Friday it will inject 1 trillion won ($765 million) into its joint venture with G...

TikTok embraces BTS' 10th debut anniversary hashtag campaign

Global short-form video platform TikTok announced on Friday that it will collaborate with "2023 BTS Festa" to celebrate BTS' 10th debut anniversary ...

S.Korea's trade deficit hits 15th straight month

South Korea last month suffered its 15th straight month of trade deficit, its longest streak since the 1997-98 Asian financial crisis, due to the de...

LG Energy to expand smart factory systems to N.America JVs

South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...

Germany's real estate mezzanine market to shine in 2023: Lenwood Capital

The global real estate market is under significant pressure due to increased interest rates and banks' tighter loan standards in 2023. Commercial re...

Teachers' Pension to up global alternatives to 19% of AUM by 2027

Teachers’ Pension (TP), South Korea’s major pension fund for private school employees, will accelerate investment in domestic bonds whil...

Korea’s NPS likely to post 6.4% return for Q1 2023

National Pension Service (NPS) in South Korea achieved a 6.4% return on investment during the first quarter of this year, recovering some 73% of the...

POSCO Group, SKC to jointly develop lithium metal cathode material

South Korea’s POSCO Group and SKC will jointly develop a dream lithium metal cathode material for commercialization by 2026 under a strategy t...

BIO USA 2023 to draw S.Korean biotech leaders, startups

More than 500 South Korean companies from top business groups to AI-based biotech startups are slated to attend the Bio International Convention 202...

Moody’s cuts credit view on KEPCO to lowest investment grade

Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...

LG Energy's Ochang plant, Korea's EV cell mother factory

OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, on Thursday for the ...

Festival celebrating BTS’ 10th anniversary to be held in Seoul in June

BTS Festa 2023, a festival celebrating the 10th anniversary of BTS' debut, will take place June 12-25 across Seoul, their agency Big Hit Music annou...