Kakao Mobility to offer robot delivery service with LG

Kakao Mobility to offer robot delivery service with LG

Kakao Mobility Corp., South Korea’s most popular ride-hailing app operator, will offer indoor robot delivery service with self-driving robots ...

Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant

Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant

South Korea’s top automaker Hyundai Motor Group said on Monday it has signed a 15-year power purchase contract with a US solar energy generati...

HD Hyundai Infracore to participate in INTERMAT 2024

HD Hyundai Infracore to participate in INTERMAT 2024

South Korea's HD Hyundai Infracore Co. announced on Monday that it will participate in INTERMAT 2024 which will be held from April 24 to 27 at Parc ...

Lotte Dept. Store introduces AI translation service

Lotte Dept. Store introduces AI translation service

South Korea's Lotte Department Store announced on Monday that it introduced an artificial intelligence (AI) interpretation service for foreign touri...

Korea's LX opens Hungary terminal for Europe EV, battery logistics

Korea's LX opens Hungary terminal for Europe EV, battery logistics

LX Pantos, one of the top logistics firms in South Korea, has launched a railway terminal in Hungary for the electric vehicle and battery logistics ...

LG Elec sees AI air conditioner sales 30% increase in Q1

LG Elec sees AI air conditioner sales 30% increase in Q1

LG Electronics Inc. announced on Friday that the sales of air conditioner models equipped with artificial intelligence (AI) features in the Whisen l...

Samsung showcases The Freestyle Zone at camping festival

Samsung showcases The Freestyle Zone at camping festival

Samsung Electronics Co. announced on Friday that it set up the experience zone for the portable screen The Freestyle Second Generation at the Go Out...

Celltrion releases Remsima SC in Denmark

Celltrion releases Remsima SC in Denmark

South Korea's Celltrion Inc. announced on Thursday that it released its autoimmune disease treatment Remsima SC (infliximab) in Denmark. Remsima SC ...

Hyundai, Toray to team up to develop mobility materials

Hyundai, Toray to team up to develop mobility materials

Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to jointly develop carbon fi...

POSCO Holdings, KNOC to jointly secure lithium in Canada

POSCO Holdings, KNOC to jointly secure lithium in Canada

POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the K...

Samsung unveils 2024 AI TV lineup in India

Samsung unveils 2024 AI TV lineup in India

Samsung Electronics Co. launched its 2024 new TV lineup with enhanced AI functions at the Samsung Opera House in Bengaluru, India, on April 17.At th...

LG to double global built-in appliance sales to $722 mn

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 ...

Hyundai Glovis to supply $29 mn logistics automation systems

Hyundai Glovis to supply $29 mn logistics automation systems

South Korea's Hyundai Glovis Co. announced on Wednesday that it signed a contract with Korea Superfreeze Inc. and EcoPro CnG to supply logistics aut...

Autech enters silver car market for seniors

Autech enters silver car market for seniors

South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for seniors. It al...

Affinity to buy SK Rent-a-Car at $572 mn, more deals expected

Affinity to buy SK Rent-a-Car at $572 mn, more deals expected

Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...

SK D&D, Habyt to cooperate for residential business

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...

Lotte Home Shopping expands Japan tour packages

Lotte Home Shopping expands Japan tour packages

South Korea's Lotte Home Shopping said on Tuesday that it will expand its range of travel packages to Japan, including trips to Kyushu and Okinawa, ...

Lotte Innovate, Kolon Benit to cooperate on AI Solutions

Lotte Innovate, Kolon Benit to cooperate on AI Solutions

South Korea’s Lotte Innovate (formerly, Lotte Data Communication Co. ) announced that it signed a memorandum of understanding (MOU) with Kolon...

SK On, Siemens DISW to build smart factory system

SK On, Siemens DISW to build smart factory system

South Korean rechargeable battery maker SK On Co. signed a memorandum of understanding (MOU) with Siemens Digital Industries Software (Siemens DISW)...

Kakao joins open-source community AI Alliance

Kakao joins open-source community AI Alliance

Kakao Corp. announced on Friday that it joined the global open-source community The AI Alliance to support AI research and development.Established i...

Coupang to raise membership fees, 1st hike in over 2 years

Coupang to raise membership fees, 1st hike in over 2 years

Coupang Inc., South Korea’s largest e-commerce platform, said on Friday it will raise membership fees 58.1% to 7,890 won ($5.7) per month as i...

Hanwha Vision unveils cloud, AI security techs in US

Hanwha Vision unveils cloud, AI security techs in US

South Korea's Hanwha Vision Co. announced on Friday that it participated in the International Security Conference & Exposition (ISC) 2024, the l...

F&B chain operator TheBorn Korea eyes IPO in 2024

F&B chain operator TheBorn Korea eyes IPO in 2024

South Korea’s leading food and beverage group TheBorn Korea Inc., which operates 25 restaurant and café chains in domestic and global m...

Hyundai Mobis to unveil crab-walking car in S.Korea

Hyundai Mobis to unveil crab-walking car in S.Korea

South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it will participate in the 37th I...

Hyundai Wia targets Chile's advanced arms market

Hyundai Wia targets Chile's advanced arms market

Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...

LG Elec, Microsoft, GE to collaborate for smart hospital

LG Elec, Microsoft, GE to collaborate for smart hospital

LG Electronics Inc. announced on Thursday that it signed a memorandum of understanding (MOU) with GE Healthcare Korea and Microsoft (MS) Korea to co...

Modetour, Air France-KLM strengthen SAF partnership

Modetour, Air France-KLM strengthen SAF partnership

South Korea's travel agency Modetour Network Inc. announced on Thursday that it has extended its partnership with Air France-KLM to promote the use ...

Korea’s 'Seven Tigers,' next hot stocks: Hyundai Motor Securities

Korea’s 'Seven Tigers,' next hot stocks: Hyundai Motor Securities

Japan may have its Seven Samurai and the US its Magnificent Seven, but South Korea has "Seven Tiger" stocks thanks to the artificial intelligence ch...

K-pop giants poised for rebound with new fandom, rookies

K-pop giants poised for rebound with new fandom, rookies

K-pop companies, led by HYBE Co. and SM Entertainment Co., are gearing up for a rebound from poor performances in the first quarter, with the releas...

Bio startup ArtBlood attracts $4.8 mn investment

Bio startup ArtBlood attracts $4.8 mn investment

South Korean bio startup ArtBlood, specializing in blood production for transfusion, announced on Tuesday that it successfully secured an investment...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge 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