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...
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...
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...
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’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...
Alternative investment forum ASK 2023 to kick off May 17 in Seoul
South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...
Defense, healthcare lure global funds in dull market
Defense, healthcare and semiconductor materials companies have been the main investment targets of global funds such as Fidelity and Morgan Stanley ...
LG Energy Solution drops to third on global market for EV battery in Q1
South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...
POSCO International aims to join Top 10 global food enterprise
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc. , has unveiled an ...
S.Korea, US advised to cooperate in advanced nuclear power plant
Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured about 80% of the glo...
Merck to build biopharma raw material plant in Korea
Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...
CJ CheilJedang launches Cuisine.K project
South Korea's largest food company CJ CheilJedang Corp., announced on Tuesday the launch of "Cuisine.K," a project aimed at discovering and nurturin...
Samsung foundry backlogs top $74.6 bn for logic chip biz goal
Samsung Electronics Co., the world’s No. 2 foundry player, has secured contract semiconductor manufacturing order backlogs of more than 100 tr...
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 ...
Doosan Enerbility secures place on US market for SMR
South Korea's heavy industry company Doosan Enerbility Co. on Thursday said it discussed on Tuesday cooperation in areas like hydrogen production us...
Korea’s GEPS to begin investing in global buyout, growth funds
South Korea’s Government Employees Pension Service (GEPS) is set to inject 100 billion won ($74.7 million) to make its first investments in gl...
S.Korean walking app Cashwalk debuts in Spain, Italy
Nudge Healthcare, a South Korean startup that operates the health management app Cashwalk, has added Italy and Spain to the list of overseas markets...
Dongwon Group drops bid to take over McDonald’s Korea
Dongwon Group has canceled its bid to take over McDonald's franchise in South Korea."We reviewed the takeover of McDonald's Korea but our conclusion...
HYBE bets big on AI; to unveil generative AI project in May: Chairman Bang
HYBE Co. is set to wow the world again but this time with the much-hyped generative artificial intelligence technology as it plans to unveil an unpr...
S.Korea, UL Solutions sign agreement for supporting domestic startups
The South Korean Ministry of SMEs and Startups announced on Thursday that it has signed a business agreement with global certification agency UL Sol...
In South Korea, innovation is subject to regulatory approval
In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It ...
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...
Upstage beats Amazon, Nvidia to rank first in global AI competition
South Korea’s artificial intelligence startup Upstage on Monday said it ranked first in four categories at the International Association for P...
