Ramen, ready-to-eat meals lead 10% rise in 2024 K-food exports

Ramen, ready-to-eat meals lead 10% rise in 2024 K-food exports

South Korea’s food exports climbed 10% on-year to $7.26 billion in 2024, led by ramen, ready-to-eat meals and seasoned seaweed, according to g...

Samsung bets on data center HVAC with $1.7 bn FläktGroup acquisition

Samsung bets on data center HVAC with $1.7 bn FläktGroup acquisition

Samsung Electronics Co. on Wednesday announced the acquisition of FläktGroup, a German manufacturer of heating, ventilation and air conditionin...

Harman acquires Masimo’s audio arm in Samsung’s car audio push

Harman acquires Masimo’s audio arm in Samsung’s car audio push

Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired Masimo Corp.’s audio business for $350 million, a ...

Hyundai, Kia ready to ramp up EV output in Europe, US

Hyundai, Kia ready to ramp up EV output in Europe, US

South Korea’s top two automakers Hyundai Motor Co. and Kia Corp. are expected to ramp up electric vehicle production in Europe and the US to b...

Samsung's Harman goes from ugly duckling to golden swan

Samsung's Harman goes from ugly duckling to golden swan

When Samsung Electronics Co. acquired Harman International Industries Inc., a global leader in the audio and automotive electronics business, in 201...

Hyundai's Chung urges guarding against pessimism in ‘perfect storm’

Hyundai's Chung urges guarding against pessimism in ‘perfect storm’

Hyundai Motor Group Executive Chairman Chung Euisun on Monday urged executives and employees to guard against pessimism amid a “perfect storm&...

Harman to spearhead Samsung’s automotive solutions business

Harman to spearhead Samsung’s automotive solutions business

Samsung Electronics Co. will bolster cooperation in in-vehicle technology with its fully owned US subsidiary Harman International Industries Inc. to...

Hanmi Bank rises from Koreatown lender to regional bank

Hanmi Bank rises from Koreatown lender to regional bank

It began in 1982 as a small community bank for Korean immigrants in Los Angeles, California. Today, Hanmi Bank, under Nasdaq-listed Hanmi Financial ...

Routinery readies for new chapter with 2.0

Routinery readies for new chapter with 2.0

Born in South Korea but blowing up abroad, the Routinery app is designed to make small changes in users' daily routines to make a big difference in ...

Aekyung Chemical develops hard carbon of SIB

Aekyung Chemical develops hard carbon of SIB

South Korea's Aekyung Chemical Co. announced on Wednesday that it developed a high-performance hard carbon material that functions as the main anode...

LG Chem to supply switchable glass films to Webasto

LG Chem to supply switchable glass films to Webasto

LG Chem Ltd. is venturing into the automotive smart glass film market as it has won an order to supply its switchable glazing films to German auto p...

Top US general sees changing nuclear threat from North Korea

Top US general sees changing nuclear threat from North Korea

COMMAND POST TANGO, South Korea—The top U.S. military official in South Korea said his thinking has changed on deterring North Korea’s n...

Samsung, Harman move in lockstep to advance in-vehicle technology

Samsung, Harman move in lockstep to advance in-vehicle technology

LAS VEGAS – South Korea’s tech giant Samsung Electronics Co. and its wholly owned US subsidiary Harman International Industries Inc. hav...

Samsung’s Harman ups ante in home audio market with Roon

Samsung’s Harman ups ante in home audio market with Roon

Harman International has taken over Roon Labs, the multi-device and multi-room audio technology company popular among audiophiles for its streaming ...

Samsung’s Harman to buy French audio software firm FLUX::

Samsung’s Harman to buy French audio software firm FLUX::

Harman Professional Solutions, a professional sound system unit under Samsung Electronics Co.'s wholly owned Harman International, has agreed to acq...

Chemtronics readies to produce key solvent for photoresists

Chemtronics readies to produce key solvent for photoresists

SEONGNAM, South Korea -- Chemtronics Co. Ltd., a South Korean chemical materials maker, appears to have removed a key hurdle to expanding the domest...

Harman’s record profits prop up Samsung's Q3 earnings

Harman’s record profits prop up Samsung's Q3 earnings

Samsung Electronics Co., the world’s largest memory chip maker, on Tuesday reported a triple-digit quarterly increase in third-quarter profit ...

Shilla Duty Free ready to boost sales at Changi Airport

Shilla Duty Free ready to boost sales at Changi Airport

HDC Shilla Duty Free Ltd., the operator of The Shilla Duty Free Shop, said on Tuesday it has extended the contract to run cosmetics and perfume stor...

Ready for an AI pastor? Not too distant future in South Korea

Ready for an AI pastor? Not too distant future in South Korea

Some Christians in South Korea are actively embracing the hottest technology of ChatGPT in their spiritual life, sparking controversy over the role ...

POSCO gears up for big stride as green materials firm with Hyper NO

POSCO gears up for big stride as green materials firm with Hyper NO

South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with...

Kia’s Gwangju auto plant gears up for 2nd heyday with EVs

Kia’s Gwangju auto plant gears up for 2nd heyday with EVs

GWANGJU, South Jeolla Province -- Kia Corp.'s plant in Gwangju, about 270 kilometers south of Seoul, bustled with workers and cars, including its be...

Samsung SDI expands cooperation with EV makers

Samsung SDI expands cooperation with EV makers

Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is expanding cooperation with its customers including General Motors C...

S.Korea launches its first offshore wind installation vessel

S.Korea launches its first offshore wind installation vessel

Hyundai Engineering & Steel Industries launched South Korea's premier offshore wind installation vessel, the Hyundai Frontier, on Tuesday. This ...

S.Korea not ready for developed market status: MSCI

S.Korea not ready for developed market status: MSCI

MSCI Inc. regards the South Korean stock market as not ready for its developed market status despite a series of reforms, dampening the country&rsqu...

POSCO readies for leap to carbon-neutral steel

POSCO readies for leap to carbon-neutral steel

South Korea’s POSCO Group is preparing to produce carbon-neutral steel, using hydrogen instead of fossil fuels such as coal and natural gas, w...

S.Korean AI chip developer DeepX ready to take on Nvidia: CEO

S.Korean AI chip developer DeepX ready to take on Nvidia: CEO

Demand for artificial intelligence microprocessors is set to grow astronomically as electronics and cars are becoming smarter, said DeepX chief, add...

AskUp aims to make life more convenient, even with highball recipes

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...

Apple, Samsung in distinct cash management styles

Apple, Samsung in distinct cash management styles

The world’s two leading smartphone makers Apple Inc. and Samsung Electronics Co. employ different management strategies for their surplus mone...

Investors ready their return to Korean stock market but with bet on declines

Investors ready their return to Korean stock market but with bet on declines

Investors are readying their return to the stock market in South Korea, encouraged by the rosy outlook for secondary battery stocks, but more retail...

SK C&C to build advanced info systems for Nongshim's overseas corporations

SK C&C to build advanced info systems for Nongshim's overseas corporations

South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications ...

IMM joins $600 mn fund for K-beauty unicorn Goodai Global in M&A drive Blackpink’s Jump music video achieves 100 mn YouTube views Seoul signals agricultural market access on tariff talks table amid intensifying US trade pressure Korea’s top four financial holding firms post stellar Q2 profit on won, non-interest gains KB Asset poised to buy Signature Tower in Seoul for over $700 mn