CJ Logistics to build logistics centers in US with $416 mn investment
CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an estimated investment of...
LG CNS develops AI coding solution based on ChatGPT
LG CNS, the information technology service arm of LG Group, announced on Wednesday that it has developed an artificial intelligence (AI)-based code ...
Hyundai, Kia invest extra $1.5 mn in automotive chip startup
Hyundai Motor Co. and Kia Corp. announced on Wednesday that they have invested extra 2 billion won ($1.54 million) in BOS Semiconductors, a vehicle ...
Samsung to invest $230 bn in Korea on speedy govt support
Samsung Electronics Co., the world’s top memory chipmaker, is set to spend 300 trillion won ($230.4 billion) to build semiconductor manufactur...
POSCO Int'l, CIP tie up for Korean offshore wind project
POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has joined hands with C...
Kakao Mobility to develop EV, self-driving tech with Vietnam's Vingroup
South Korea's Kakao Mobility is collaborating with Vietnam's No. 1 corporation Vingroup JSC and Southeast Asia's biggest information and communicati...
Asan Medical Center to establish digestive disease hospital in Dubai
Asan Medical Center announced plans on Thursday to establish a 65-bed gastrointestinal specialized hospital in Dubai Healthcare City in Dubai, UAE, ...
Central Europe’s fast-growing economy attracts global investors: Abris
More investors choose safer assets in developed regions such as the US and Western Europe today with rate hikes and liquidity tightening. But Poland-b...
Kakao Healthcare ties up with Dexcom for global diabetes biz
South Korea’s Kakao Healthcare Corp. has taken a step forward to expand its business into the global market by collaborating with US medical d...
Intel’s foundry revamp sets off alarm bells for Samsung, TSMC
Intel Corp.’s announcement to restructure its manufacturing business to become a leading foundry player is setting the stage for a bigger show...
S.Korea attracts investment of $940 mn from 6 European companies
South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D centers.The six compani...
Private real estate debt shines on banks' financing gaps: Savills
More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...
3rd-gen. corporate succession in S.Korea slashes stake from 100% to 16%
South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...
KT to invest $5.4 bn by 2027 to develop AI platforms
South Korea’s telecom service provider KT Corp. will spend about 7 trillion won ($5.4 billion) by 2027 to become the country’s largest a...
Lotte considering opening In-N-Out Burger stores in S.Korea
One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...
Celltrion puts Takeda’s assets up for sale after 3 years
South Korea’s Celltrion Inc. has put its Japanese Takeda Pharmaceutical Co.'s primary care assets acquired in 2020 on sale as the biosimilar g...
Generative AI startup Wrtn attracts nearly $12 mn in investment
South Korea's advanced tech startup Wrtn Technologies, a major player in generative artificial intelligence (AI), has attracted investment of 15 bil...
Korea’s GS E&C holds first global HR conference in Mumbai
GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...
Hyundai invests $781 mn in startups to drive future innovation growth
Hyundai Motor Group's open innovation investment in domestic and foreign startups in fields like mobility and artificial intelligence (AI) has excee...
KT's dietary management solution passes AI quality test
A South Korean artificial intelligence (AI) solution that analyzes and presents information on the type and nutritional content of food after a us...
POSCO breaks ground on lithium hydroxide plant in S.Korea
POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker,held a groundbreaking ceremony on Tuesday to mark the commen...
Goldman Sachs slashes Korean cathode stock targets; market ignores
Goldman Sachs Group Inc. has slashed the target prices of South Korean top cathode stocks, namely EcoPro BM Co. and POSCO Future M Co., by nearly ha...
LG Uplus, Hyundai Elevator to launch AI-based management service
LG Uplus Corp. on Monday said it released Miri View, an artificial intelligence (AI)-based elevator passenger safety system developed with Hyundai E...
SKC mulls investment in materials in Haiphong, Vietnam
South Korea's SKC has teamed up with Haiphong, a key industrial city in northeastern Vietnam, to reinforce the company's basis for global expansion ...
Hanjin to participate in operation of logistics center in Thailand
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Friday that it will open a 9,000-square-meter container freight ...
Hyundai Mobis exceeds $770 bn in R&D investment in 2023
South Korea's car parts maker Hyundai Mobis is turning into a software-oriented mobility company by investing over 1 trillion won ($772.3 million)...
Mirae Asset Securities, Near Protocol team up for blockchain techs
South Korea's Mirae Asset Securities announced on Thursday that it has signed a memorandum of understanding (MOU) for collaborative research in bloc...
SK Networks to invest $2 mn in Dutch agtech startup
SK Networks Co., a South Korean trading company, announced on Thursday that it will invest $2 million in the series A round of Source.ag, a smart fa...
Challenges, opportunities for Asia’s energy transition: GIG
Global investors injected more than $1 trillion into energy transition for the first time last year. South Korea poured in some $19 billion, becomin...
Investment in battery raw materials raises sodium hydroxide prices
The price of sodium hydroxide or caustic soda, an essential component in the smelting of raw materials for producing batteries, is rising because So...
