Korea’s SK Networks partners with Malaysia’s Sunway on AI

South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...

Lotte Card launches long-term rental car card in Vietnam

South Korea's Lotte Card Co. launched a long-term car rental exclusive card in Vietnam to expand its presence in the local market.Its Vietnamese s...

PEN Ventures: A skilled startup accelerator for entrepreneurs going global

For startup accelerators that nurture promising young entrepreneurs, identifying a soon-to-be-unicorn, or a company valued at over $1 billion, in ...

Samsung Securities lowers Samsung Electro-Mechanics target price

South Korea's Samsung Securities lowered its target price for Samsung Electro-Mechanics Co. to 160,000 won ($120) from 210,000 won. The securit...

HD Hyundai OCI supplies recycled tire materials to Hankook Tire

HD Hyundai OCI, the petrochemical affiliate of HD Hyundai Oilbank, said on Tuesday it started to supply Hankook Tire & Technology with recycled ...

Hyundai Motor aims high for online small EV sales in Japan

TOKYO – Hyundai Motor Co. will accelerate its penetration into Japan, a market it has been struggling to crack for decades, with small-size el...

DS Dansuk wins $750 mn SAF material order from Phillips 66

South Korea's DS Dansuk Co., which operates bioenergy, battery, and plastic recycling businesses, said on Monday it signed a 1 trillion won ($750 mi...

Kakao Mobility to launch outdoor robot delivery

Kakao Mobility Corp., South Korea’s largest taxi-hailing app operator, said on Monday that it signed a business agreement with Robotis, a comp...

KEPCO shortlisted for Saudi Arabia's solar energy projects

Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, was shortlisted as a final candidate for renewable energy projects i...

LG Chem opens Europe Innovation Center in Germany

South Korea's LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, said on Sunday the opening of its Europe Innovation Center in F...

Samsung Display gets quantum dot ink recycling tech

South Korea's Samsung Display said on Monday it developed technology to recycle quantum dot (QD) ink, aiming to improve cost competitiveness in its ...

Lotte to liquidate rubber JV in Malaysia, sell overseas assets for $1 bn

South Korea’s No. 2 petrochemical manufacturer Lotte Chemical Corp. plans to liquidate its rubber joint venture in Malaysia to scale back its ...

MBK Partners named as Time World's Best Companies

South Korea's private equity firm MBK Partners Ltd. said on Friday it was selected in the "2024 World’s Best Companies" list by international ...

11Street to host grand shopping festival in November

South Korea’s e-commerce platform 11Street Co. will hold its annual Grand 11 shopping festival from November 1 to 11. Since 2008, the company...

Cosmax, Fudan Univ. to team up for microbiome research

Cosmax Inc., South Korea's largest cosmetics original development and design manufacturer (ODM), said on Friday it signed a memorandum of understand...

LG Electronics logs highest-ever Q3 revenue

LG Electronics Inc. posted its highest-ever sales in the third quarter this year because of the updated home appliances business portfolio, which fo...

Kia reveals teaser images of The New Sportage

South Korea's Kia Corp. unveiled the teaser images and videos of The New Sportage, the facelift model of Kia's flagship compact sport utility vehicl...

LG CNS launches PerfecTwin ERP edition in Japan

South Korea's LG CNS Co. said on Thursday it introduced its automated testing solution, PerfecTwin ERP (enterprise resource planning) edition, to th...

LG Uplus publishes white paper on 6G services

South Korea's LG Uplus Corp. said on Wednesday the release of its "6G White Paper: Non-Terrestrial Networks," which explores the future direction of...

South Korean VCs in search of better returns abroad

South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...

CJ Logistics, Baropharm to cooperate on pharmaceutical logistics

South Korea's CJ Logistics said on Monday it signed a strategic partnership and exclusive pharmaceutical logistics contract with Baropharm, an integ...

LG Electronics unveils value-up plans, begins Indian arm IPO process

LG Electronics Inc., the world’s largest home appliances maker, on Tuesday announced plans to unlock value by accelerating its transformation ...

Hyundai AutoEver SW platform gets A-SPICE level 3 certification

South Korea's Hyundai AutoEver Corp. said on Tuesday that its Mobilgene Classic 2.0 software platform has become the first in South Korea to receive...

Samsung SDS, Ansys Korea to collaborate on cloud solutions

South Korea's Samsung SDS Co. said on Tuesday it signed a memorandum of understanding (MOU) with Ansys Korea to strengthen its cloud business.Ansys ...

Bain Capital puts beauty device maker Classys on market

Bain Capital has embarked on the process to sell a majority stake in Classys Inc., a South Korean medical aesthetic device maker. The deal is estima...

POSCO International eyes M&A in US natural gas market

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...

LG Elec builds EV chargers safety net for fire prevention

LG Electronics Inc. equipped its slow electric vehicle (EV) chargers with dual overcharge prevention technology to alleviate customer concerns and a...

Korea Investment Management to list Global AI-based ASIC ETF

Korea Investment Management Co. said on Monday it will list the ACE Global AI ASIC exchange-traded fund (ETF) on October 22. The ETF will focus on ...

Celltrion to establish CDMO subsidiary

Celltrion Inc., South Korea’s largest biosimilar maker, said on Friday it plans to establish a contract development and manufacturing organiza...

POSCO International wins top award at 2024 Korea IR Awards

South Korea's POSCO International Corp. won the top prize at the 2024 Korea IR Awards, organized by the Korea Investor Relations Service (KIRS), the...