Galaxy Ring launch
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Automobiles
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...
Jun 12, 2023 (Gmt+09:00)
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Corporate strategy
LG Group to launch global strategy center in July
LG Group will reportedly launch next month a global strategy center to analyze business trends abroad and devise responses.Industry sources on Sunda...
Jun 12, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung top in world smartphone market in Q1, beating Apple
Samsung Electronics Co. regained the top spot in the smartphone market, surpassing Apple in the first quarter of 2023. This outcome was driven by th...
Jun 08, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to supply new Exynos auto chip to Hyundai in close tie-up
Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it will supply one of its latest automotive chips to Hyundai ...
Jun 07, 2023 (Gmt+09:00)
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Electronics
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...
Jun 07, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix launches portable SSD Beetle X31
SK Hynix Inc., the world’s second-largest memory chipmaker, unveiled its latest product, the Beetle X31, a portable Solid State Drive (SSD) ...
Jun 05, 2023 (Gmt+09:00)
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Future mobility
IONIQ 5 set for fully driverless public taxi service
The IONIQ 5 robotaxi, based on Hyundai Motor Co.'s all-electric crossover, will launch its first fully driverless service for public passengers late...
Jun 05, 2023 (Gmt+09:00)
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Steel
POSCO launches first product from its low-carbon Greenate brand
South Korea's top steelmaker POSCO on Sunday launched the first product from its low-carbon brand Greenate.Greenate features distribution-type produ...
Jun 05, 2023 (Gmt+09:00)
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Retail
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...
Jun 02, 2023 (Gmt+09:00)
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North Korea
North Korean spy satellite fails to reach space
SEOUL -- North Korea’s first military satellite crashed into the Yellow Sea and failed to launch into space, Pyongyang’s state media sai...
May 31, 2023 (Gmt+09:00)
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North Korea
S.Korea warns of stern response in case of N.Korea satellite launch
The launch of North Korea's first military reconnaissance satellite has entered a “countdown”. North Korea notified the Japanese governm...
May 29, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea succeeds in 3rd launch of homegrown rocket Nuri
GOHEUNG, SOUTH KOREA -- South Korea launched its homegrown space rocket on Thursday, making its first achievement to send a satellite for com...
May 25, 2023 (Gmt+09:00)
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Korean startups
S.Korean startup Drama & Company introduces AI talent recruiter
Drama & Company, the developer of South Korea’s popular cloud-based business card management app Remember, is readying its next business w...
May 25, 2023 (Gmt+09:00)
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Korean games
S.Korea’s popular MMORPGs go abroad for profitability
South Korean game developers target overseas markets for their locally hit massively multiplayer online role-playing games (MMORPGs) to increase pro...
May 24, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean space rocket Nuri launch postponed due to technical issues
The launch of South Korea's space rocket Nuri, scheduled for Wednesday afternoon, was postponed hours ahead of schedule."During the preparations for...
May 24, 2023 (Gmt+09:00)
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Airlines
Jeju Air CEO sees Korea-Indonesia routes as blue ocean
South Korea’s largest low-cost carrier (LCC) Jeju Air Co. will make the most of the post-pandemic recovery in travel demand by exploring South...
May 23, 2023 (Gmt+09:00)
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Artificial intelligence
Naver’s search engine dominance under siege as Google, MS advance
South Korea’s online portal Naver Corp., the undisputed search engine leader in the domestic market for decades, is under siege as global Big ...
May 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SpaceX pushes back Starlink's S.Korea launch to Q4
Starlink, low-orbit satellite internet constellation operated by the US aerospace company SpaceX, has delayed the launch of its South Korean service...
May 22, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Healthcare launches Remsima SC in Brazil
South Korean biopharmaceutical company Celltrion Healthcare Co. revealed on Monday its introduction of Remsima SC, a treatment for autoimmune diseas...
May 22, 2023 (Gmt+09:00)
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Aerospace & Defense
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...
May 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
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...
May 18, 2023 (Gmt+09:00)
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North Korea
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...
May 18, 2023 (Gmt+09:00)
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Electronics
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...
May 16, 2023 (Gmt+09:00)
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Artificial intelligence
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...
May 16, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor holds Brand Day in Tokyo
Hyundai Motor Co., in celebration of the first anniversary of its reentry into the Japanese market, is introducing a locally tailored "assurance pro...
May 16, 2023 (Gmt+09:00)
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Future mobility
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...
May 16, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific launches customized makeup brand Tonework
South Korea’s cosmetics giant Amorepacific Corp. will officially launch its customized makeup brand "Tonework" on Tuesday.Tonework precisely...
May 16, 2023 (Gmt+09:00)
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Blockchain
BOK, Samsung to develop offline CBDCs using Galaxy devices
South Korea’s central bank and Samsung Electronics Co. have joined hands to further advance the country’s offline central bank digital c...
May 16, 2023 (Gmt+09:00)
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Korean SMEs
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) ...
May 16, 2023 (Gmt+09:00)
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Korean startups
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....
May 15, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet