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...
Hyosung’s sibling feud continues with second son in court on trial
It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moon on charges of embe...
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...
BIND wins D.Camp startup pitch race in April, co-sponsored by CJ
BIND Corp. was chosen by investors as the best of the best for its online fashion platform for middle-aged men during South Korea’s major star...
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...
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...
Webcash launches AI accounting solution Wabooks in Vietnam
South Korea's Webcash Co. Group announced on Tuesday that it recently launched Wabooks, a Vietnamese version of the AI-powered accounting solution...
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...
Samsung Life buys 20% of French asset manager Meridiam
Samsung Life Insurance, managing 223.1 trillion won ($167.5 billion) in assets, has acquired a 20% stake in Paris-based infrastructure investment fi...
Another war in Russia: Hyundai, Kia versus Chinese carmakers
In Russia, which is in a state of war against Ukraine, there’s another war going on. This time, the war is between South Korea’s two lar...
Kolmar BNH gets approval for health functional food ingredient in US
Kolmar BNH Co. has received approval from the US Food and Drug Administration (FDA) for a domestically developed health functional food ingredient.K...
Hyundai donates medical wearable robot to support rehabilitation
Hyundai Motor Co. donated on Wednesday two medical wearable robots to Asan Medical Center in the south of Seoul for "gait rehabilitation robot thera...
S.Korean fashion company LF relaunches 1990s-popular line Tipicosi
Tipicosi, a South Korean fashion brand popular in the 1990s, has seen a resurrection thanks to the domestic craze for "newtro," a trend combining th...
Korail wins $13 million consulting project for Philippines' railway
South Korea's state-run railway company Korea Railroad Corporation (Korail), announced on Monday that it has secured a consulting contract to manage...
Hyundai Mobis develops world’s first rollable vehicle display
Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...
Hyundai, Kia surpass 100,000 global EV sales in Q1
Hyundai Motor Group's electric vehicle (EV) sales have exceeded 100,000 units in the first quarter of this year, driven by the strong sales of its f...
Korea’s homegrown OTT Watcha at crossroads amid dearth of cash
South Korea’s homegrown over-the-top (OTT) platform Watcha Inc. is struggling to raise funds as it faces an uphill battle to win over customer...
S.Korea’s first-generation bio companies set up support fund for new ventures
South Korea's first-generation bio companies and Industrial Bank of Korea (IBK) have created a bio investment fund to support ventures in the field ...
S.Korea, Boeing tie up for develop future advanced weapons
The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct research and development on...
S.Korean display companies look to expand business in India with Vedanta
South Korean display companies try to make breakthrough in new market by entering Indian market.The Korea Display Industry Association (KDIA) announ...
Korean scientists publish breakthrough in high-resolution X-ray imaging
South Korean scientists led by physicist Park Yongkeun with global achievements in medical science and engineering have discovered a new X-ray imagi...
