Hyundai Wia starts to produce coolant hub module

Hyundai Wia Corp., an auto parts unit of Hyundai Motor Group, is making a full-scale entry into the market for electric vehicle thermal management s...

LG Elec’s home appliance selected as most reliable brand in US

South Korea's LG Electronics Inc. has been named the most reliable appliance brand by American consumers.According to Consumer Reports, a leading ...

Samsung to invest $221 mn to build R&D chip line in Japan: Nikkei

Samsung Electronics Co. will build a prototype chip production facility in Japan for 30 billion yen ($221 million) to develop next-generation back-e...

Samsung, Naver to jointly develop generative AI to rival ChatGPT

South Korea’s two tech giants – Samsung Electronics Co. and Naver Corp. – have agreed to jointly develop a generative artificial i...

Samsung's Lee to redefine growth roadmap with focus on new drivers

Samsung Group leader Lee Jae-yong wrapped up a 22-day US business trip on Friday after meeting with nearly two dozen chief executives of multination...

YG’s new girl group lifts stock price to decade high

YG Entertainment Inc., the K-pop label behind global sensation Blackpink, saw its stock hitting the highest point in more than 10 years as a new gro...

Daewoong Pharmaceutical’s cumulative tech exports exceed $870 mn

South Korea’s Daewoong Pharmaceutical said on Friday that it had concluded three technology export agreements for new drugs and new drug candi...

Jang Se-joo returns as Dongkuk chairman, launches holding firm

Jang Se-joo, former chairman of South Korea’s Dongkuk Steel Mill Co., has returned to the top post after an eight-year hiatus as the steelmake...

CJ ENM’s OTT platform TVing: White elephant or new cash cow?

CJ ENM Co. is the undisputed No. 1 movie producer and distributor in South Korea, having sponsored numerous awards-wining films such as “Paras...

Korean KT Cloud to raise $452 mn from IMM via rights offering

KT Cloud Corp., a subsidiary of South Korea’s telecom giant KT Corp., is set to raise 600 billion won ($452 million) from a unit of Seoul-base...

Samsung’s new Bespoke line: It's time of reckoning for device chief

Han Jong-hee, Samsung Electronics Co.'s vice chairman, has been in charge of the South Korean tech giant’s digital experience or DX division, ...

US eyes new rules for Samsung, SK to bring chip machines to China

The US government is considering establishing new rules for South Korea’s chipmakers to import advanced equipment to China to upgrade their fa...

Samsung’s H2 new tablet launch to close gap on market leader iPad

Samsung Electronics Co., the second-largest player in the global tablet market, is aiming to narrow the gap with industry leader Apple Inc. with its...

S.Korea’s beauty brand Laneige enters UK, Middle East market

Amorepacific Corp.'s cosmetic brand Laneige announced on Tuesday that it is accelerating its global business expansion by entering the UK and Middle...

SK Bioscience to produce MSD’s new Ebola vaccine candidate

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Monday that it has signed a contract with MSD, a global pharma...

Hyundai’s quantum leap: how it shines through in crisis

Hyundai Motor Co. and its affiliate Kia Corp. are slated to log a combined 150 million units of car sales this month. The carmakers of Hyundai Motor...

Samsung to unveil new foldables in July to boost Q3 profit

Samsung Electronics Co. is set to unveil fifth-generation of its foldable smartphones at the end of July, about two weeks earlier than it had showca...

Samsung unveils new Galaxy Watch OS with enhanced sleep management

Samsung Electronics Co. revealed on Thursday its new operating system, One UI Watch 5, for its Galaxy Watch series. The updated OS includes improved...

LG Chem in talks with Glenwood to sell off diagnostics unit

LG Chem Ltd. is slated for exclusive talks with Seoul-based Glenwood Private Equity to sell off its in vitro diagnostics business, according to biop...

KT launches two new AI serving robots

South Korea's KT Corp., said on Tuesday that it has unveiled two new AI service robots with upgraded features for enhanced driving stability and w...

Simple, retro: Korean game sector’s new target for growth

Once-popular games for feature phones in the 2000s are seeing a revival in South Korea on the growing demand for simple and easy titles for smartpho...

KKR to buy Namsan Green Building in Seoul for $186.7 million

KKR & Co. Inc. has agreed to buy Namsan Green Building in a central office district in Seoul for an estimated 250 billion won ($186.7 million).T...

Hyundai Mobis to lead mobility platform innovation: CEO Cho

Hyundai Mobis Co. will take another leap forward to become a mobility platform provider for future mobility technologies and bolster its new growth ...

Will Night Crows be Korean game developer WeMade’s savior?

WeMade Co. on Thursday officially launched Night Crows, a new massively multiplayer online roleplaying game (MMORPG), in South Korea as the major do...

Seoul City’s new slogan, Seoul My Soul

Seoul's new brand slogan to replace "I·SEOUL·YOU" has been confirmed as "Seoul, my soul." The Seoul Metropolitan Government announced ...

S.Korea's IBS develops floatable photocatalytic platform

The Institute for Basic Science (IBS) in South Korea has developed a new  floatable  photocatalytic platform that can produce green hydrog...

PwC’s S.Korean member to focus on SE Asia acquisition deals

Samil PricewaterhouseCoopers, the South Korean member firm of global accounting industry leader PwC, aims to focus on overseas acquisition deals of ...

Ponzi scheme suspected behind SocGen-triggered Korean stock havoc  

The South Korean financial authorities will investigate whether unfair trading practices are behind leverage trading after massive margin call reque...

Samsung, MS open Gaming Hubs in London, New York

Samsung Electronics Co. has partnered with Microsoft to launch gaming hubs in the heart of London and New York. The two companies have installed Sam...

LGES to build pouch-type long-cell battery mother factory at $449 mn

LG Energy Solution Ltd. will add a new mother factory to its Ochang manufacturing complex, as part of its plan to turn the home manufacturing site i...