Kakao migrates global webtoon service environment to Google Cloud

Kakao migrates global webtoon service environment to Google Cloud

South Korea's Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp. is joining forces with Google Cloud to glob...

Hanmi Semiconductor named world’s top 10 chip equipment maker

Hanmi Semiconductor named world’s top 10 chip equipment maker

South Korean chip equipment maker Hanmi Semiconductor Co. on Thursday said it made the world’s top 10 in the rankings of TechInsights, a globa...

S.Korea business lobby group regrets past political role

S.Korea business lobby group regrets past political role

The Federation of Korean Industries (FKI) on Thursday said it deeply regretted the political role it took in the previous governments and vowed to b...

Hanwha Systems, KAI sign contracts to develop SAR satellites

Hanwha Systems, KAI sign contracts to develop SAR satellites

Hanwha Systems Co. and Korea Aerospace Industries Ltd., Korea’s two leading aerospace and defense companies, have clinched deals with a govern...

Sartorius to build $600 mn Korea facilities, open to more investment

Sartorius to build $600 mn Korea facilities, open to more investment

Sartorius AG, a global pharmaceutical and laboratory equipment supplier, plans to spend $600 million on its first facilities in South Korea, about s...

Samsung SDS bolsters Cello Square with tech upgrades, global push

 Samsung SDS bolsters Cello Square with tech upgrades, global push

Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...

Korea's E-Mart shares tumble despite push for profitability

Korea's E-Mart shares tumble despite push for profitability

South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...

Samsung to launch Galaxy A24 in S.Korea to target low-end market

Samsung to launch Galaxy A24 in S.Korea to target low-end market

Samsung Electronics Co. announced on Thursday that it will release the Galaxy A24, a budget phone model in the domestic market on Friday to targetin...

S.Korea's i-Sens buys US glucose-measuring device maker for $27 mn

S.Korea's i-Sens buys US glucose-measuring device maker for $27 mn

South Korean maker of diabetes-related devices i-Sens Inc. on Wednesday announced its planned acquisition of AgaMatrix, an American manufacturer of ...

S.Korea's top 3 telecom companies boost pet-related services

S.Korea's top 3 telecom companies boost pet-related services

South Korea's top three telecommunication companies are expanding their pet-related services to attract as customers the estimated 15 million owners...

S.Korea to send $130 mn in aid for Ukraine’s reconstruction

S.Korea to send $130 mn in aid for Ukraine’s reconstruction

South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coop...

N.Korea's military reconnaissance satellite launch imminent

N.Korea's military reconnaissance satellite launch imminent

North Korean leader Kim Jong-un broke a month of stealth to visit the site of preparations for the launch of the first military reconnaissance satel...

Get away from it all? Korea is a must-visit, says Airbnb's strategy officer

Get away from it all? Korea is a must-visit, says Airbnb's strategy officer

This summer is expected to be one of the busiest travel seasons seen in a while.Trapped in the COVID-19 pandemic lockdown over the past couple of ye...

S.Korea, Canada to bolster key minerals supply partnership

S.Korea, Canada to bolster key minerals supply partnership

South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...

Chevrolet Trailblazer tops in US small SUV market

Chevrolet Trailblazer tops in US small SUV market

Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...

Amkor to top semiconductor packaging sector with better tech

Amkor to top semiconductor packaging sector with better tech

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...

S.Korea’s popular donut brand Knotted to enter US market

S.Korea’s popular donut brand Knotted to enter US market

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced on Wednesday a strategic plan called "New GFFG 2.0." The plan aims to...

Korea to require pre-disclosure of major shareholder stake sales

Korea to require pre-disclosure of major shareholder stake sales

South Korea is set to require pre-disclosures of major shareholders’ listed company stake sales in an aim to prevent tumbles in stock prices.A...

SK, Hana Financial groups to jointly develop credit rating model

SK, Hana Financial groups to jointly develop credit rating model

South Korea’s SK Group and Hana Financial Group are jointly developing a next-generation credit rating model for the financially disadvantaged...

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

When Samsung Electronics Co. reported the worst quarterly loss for its semiconductor business last month, it found hope and relief in its mobile bus...

Mirae Asset Securities acquires European ETF market maker GHCO

Mirae Asset Securities acquires European ETF market maker GHCO

Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...

AskUp aims to make life more convenient, even with highball recipes

AskUp aims to make life more convenient, even with highball recipes

Amid the generative artificial intelligence technology sensation, businesses scramble to get creative in using AI to bolster their sales, and a Sout...

Hyundai Rotem's hydrogen fuel cell tram wins iF Design Award

Hyundai Rotem's hydrogen fuel cell tram wins iF Design Award

Hyundai Rotem is South Korea's first rail company to win a global design award, with its hydrogen fuel cell tram claiming the main prize in the pr...

S.Korea’s January-April car exports at record high of $23.2 bn

S.Korea’s January-April car exports at record high of $23.2 bn

In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...

S.Korea to launch first cyber office for small, medium businesses

S.Korea to launch first cyber office for small, medium businesses

South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...

US default drama is last thing South Korea needs

US default drama is last thing South Korea needs

At a White House dinner last month, Yoon Suk Yeol turned heads singing Don McLean’s “American Pie.” It was a uniquely lighthearted m...

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucl...

HL Holdings, Veluga Brewery to digitalize Korean liquor market

HL Holdings, Veluga Brewery to digitalize Korean liquor market

HL Holdings Corp., a major South Korean automotive parts logistics specialist with a three-decade history, has joined hands with Veluga Brewery Inc....

SE Asian visitors revive Seoul’s tourism industry

SE Asian visitors revive Seoul’s tourism industry

In Myeongdong, Seoul’s shopping mecca, on May 14, street vendors were busy soliciting foreign tourists, greeting them in their mother tongues ...

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

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...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal