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...
Nexen Tire invests $1.3 bn to build US factory
South Korea's Nexen Tire Corp. plans to invest $1.3 billion (1.73 trillion won) to build its first-ever factory in the United States. Starting fro...
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 ...
Samsung Display buys US OLED microdisplay maker for $218 mn
South Korea's Samsung Display has bought American OLED microdisplay maker eMagin for $218 million (290 billion won).eMagin on Wednesday said Samsung...
S.Korean AI chip developer DeepX ready to take on Nvidia: CEO
Demand for artificial intelligence microprocessors is set to grow astronomically as electronics and cars are becoming smarter, said DeepX chief, add...
Secondaries, debt attractive for portfolio stability: Korean CIOs
South Korean institutional investors find secondaries and private debt attractive amid the darkening economic outlook, chief investment officers (CI...
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 ...
Korean institutions eye investment in OpenAI at $40 bn valuation
OpenAI, the world’s most well-known artificial intelligence lab, is tapping South Korean institutional investors for investment at an estimate...
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...
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...
Samsung Engineering, OMV sign agreement for modular project
South Korea's Samsung Engineering has partnered with global integrated energy company OMV for project collaboration. Samsung Engineering announced T...
Apple, Samsung in distinct cash management styles
The world’s two leading smartphone makers Apple Inc. and Samsung Electronics Co. employ different management strategies for their surplus mone...
Hansae: Hidden Korean champion in global OEM apparel market
Hansae is an unfamiliar name to many South Koreans for sure.But among original equipment manufacturing (OEM) companies in the apparel industry, Hans...
Yanolja acquires Israeli tourism tech company Go Global Travel
South Korea's tourism platform unicorn Yanolja has acquired Go Global Travel (GGT), an Israel-based company for global business-to-business (B2B) tr...
CJ CheilJedang plans to globalize Korean street food
South Korea's food giant CJ CheilJedang Corp. is set to launch a range of Korean street food as new products, aiming for global expansion. The compa...
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...
Hyundai Motor posts largest share of global hydrogen car market in Q1
Hyundai Motor Co. in the first quarter controlled over half of the global market for fuel cell electric vehicles (FCEV) powered by hydrogen thanks t...
Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3
South Korea’s top automaker Hyundai Motor Co. will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next d...
S.Korea to invest $2.6 bn in quantum technology by 2035
South Korea will spend 3.5 trillion won ($2.6 billion) on quantum science and technology development by 2035 in partnership with the country’s...
Samsung SDS, Emro, US-based o9 Solutions to collaborate on SaaS
South Korea's Samsung SDS Co. announced on Thursday that it has entered into strategic partnerships with o9 Solutions, a leading supply chain platfo...
CJ Logistics to establish global distribution center in Saudi Arabia
South Korea's CJ Logistics unveiled plans on Thursday to construct a Global Distribution Center (GDC) in Saudi Arabia, a burgeoning logistics hub in...
K-beef targets global halal market through exports to Malaysia
Korean beef is making its entry into the global halal food market, starting with Malaysia. South Korean Ministry of Agriculture, Food and Rural Affa...
China’s BOE files patent lawsuits against Samsung
China’s BOE Technology has filed patent infringement lawsuits against Samsung Display Co., Samsung Display’s Chinese corporation and Sam...
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.Korean kitchen robot startup Wave attracts $3 mn investment
South Korea's kitchen robot startup Wave Lifestyle Technologies announced on Tuesday that it has raised a Series A1 investment of 4 billion won ($3 ...
Leeum's enduring charm to foreign VIPs
On a shiny Monday morning, the Leeum, Samsung Museum of Art nestled on the slope of Mt. Namsan in a quiet Hannam neighborhood in Seoul was flanked b...
S.Korea to launch 10 global innovation special zones by 2027
South Korean government plans to create ten global innovation special zones by 2027, implementing a negative regulation system for the first time in...
Naver Webtoon targets entertainment business in Japan
Naver Webtoon Ltd., the world’s top digital comics provider, is targeting the entertainment sector in Japan as it aims to expand its intellect...
Hyundai Rotem, Hana Bank to promote private railway project
Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...
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...
