SK Telecom identifies illegal drones using AI

SK Telecom identifies illegal drones using AI

South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal drones using artifici...

Samsung Chairman Lee visits India for Ambani wedding

Samsung Chairman Lee visits India for Ambani wedding

Samsung Electronics Co. Chairman Jay Y. Lee on Thursday visited India for the wedding of Anant Ambani — the youngest son of Asia’s riche...

Hyundai Motor Group, Oxford Univ. establish Foresight Center

Hyundai Motor Group, Oxford Univ. establish Foresight Center

Hyundai Motor Group announced on Tuesday that it partnered with the University of Oxford and established the Oxford-Hyundai Motor Group Foresight Ce...

SK Telecom, Singtel partner for next-gen network tech

SK Telecom, Singtel partner for next-gen network tech

South Korea's SK Telecom Co. said on Monday that it signed a memorandum of understanding (MOU) with Singapore Telecommunications (Singtel) to collab...

Hyundai Steel builds global sales network of low-carbon steel

Hyundai Steel builds global sales network of low-carbon steel

South Korea’s Hyundai Steel Co. announced on Tuesday that it signed a memorandum of understanding (MOU) with European customers to sell low-ca...

S.Korea's Handsome opens global flagship store System Paris

S.Korea's Handsome opens global flagship store System Paris

South Korean fashion company Handsome Corp. announced on Wednesday that it will open its first global flagship store System and System Homme Paris i...

SK Networks to split off SpeedMate, trade division

SK Networks to split off SpeedMate, trade division

South Korea's SK Networks Co. plans to split off its auto management division SpeedMate and its trading unit.The board of directors approved the pla...

Korean biotech Bertis to join BIO 2024 for global reach

Korean biotech Bertis to join BIO 2024 for global reach

South Korean biotech Bertis Inc. will deliver presentations at the BIO International Convention, one of the world’s largest bio and healthcare...

Lunit buys breast cancer detection AI firm Volpara Health

Lunit buys breast cancer detection AI firm Volpara Health

Lunit Inc., a South Korean cancer diagnostics AI company, has completed the acquisition of Volpara Health Technologies Ltd., a New Zealand-based AI ...

KCCI to support Korean companies expanding into US

KCCI to support Korean companies expanding into US

The Korea Chamber of Commerce and Industry (KCCI) partnered with the Korean American Chamber of Commerce of Los Angeles (KACCLA)  to address th...

Rakuten backs S.Korea’s new mobile carrier Stage X

Rakuten backs S.Korea’s new mobile carrier Stage X

South Korea’s fledgling mobile carrier Stage X Co. has teamed up with relatively new Japanese mobile company Rakuten Group to crack Korea&rsqu...

SK Networks establishes AI lab in Silicon Valley

SK Networks establishes AI lab in Silicon Valley

South Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology development organizati...

S.Korean gov’t selects six overseas cities for K-City Network

S.Korean gov’t selects six overseas cities for K-City Network

The South Korean Ministry of Land, Infrastructure and Transport announced on Wednesday that it selected six cities including Indonesia's Jakarta, Vi...

Affinity to buy SK Rent-a-Car at $572 mn, more deals expected

Affinity to buy SK Rent-a-Car at $572 mn, more deals expected

Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...

Shinhan Securities leads M&A of Trench Group

Shinhan Securities leads M&A of Trench Group

South Korea's Shinhan Securities announced on Friday that it participated as the lead underwriter in the merger and acquisition deal of Trench Group...

Taihan Cable wins $81 mn power network replacement order in US

Taihan Cable wins $81 mn power network replacement order in US

South Korea's Taihan Cable & Solution Co. announced on Friday that it secured a project of 110 billion won ($81.5 million) to replace aging po...

SK Networks prepares to put SK Rent-a-Car on market

SK Networks prepares to put SK Rent-a-Car on market

SK Networks Co. is preparing to put SK Rent-a-Car Co. on the market in a deal worth an estimated 600 billion won ($448 million) as part of efforts t...

Samsung seeks to launch new super mobile banking app with a local bank

Samsung seeks to launch new super mobile banking app with a local bank

Samsung Financial Networks, a union of Samsung Group’s four financial affiliates, is seeking to launch a super mobile banking app in partnersh...

Taihan Cable to supply UHV network to Balfour Beatty

Taihan Cable to supply UHV network to Balfour Beatty

South Korea's Taihan Cable & Solution Co. announced on Thursday that it will supply an an ultra-high voltage (UHV) power network worth $38 mil...

CJ OliveNetworks, Qualcomm to team up for 5G network

CJ OliveNetworks, Qualcomm to team up for 5G network

South Korea's digital service company CJ OliveNetworks announced on Wednesday that it will collaborate with the US-based Qualcomm Technologies to ...

GC Biopharma aims to boost Alyglo sales sixfold in the US

GC Biopharma aims to boost Alyglo sales sixfold in the US

CHEONGJU, North Chungcheong Province -- South Korea’s major pharmaceutical company GC Biopharma Corp. aims to raise the sales of Alyglo, its i...

KB Kookmin Bank opens KB Prasac Bank in Cambodia

KB Kookmin Bank opens KB Prasac Bank in Cambodia

KB Kookmin Bank announced on Monday that it held an opening event for the integrated commercial bank KB Prasac Bank PLC in Phnom Penh, Cambodia, on ...

LG Uplus, Nokia validate 6G cloud tech

LG Uplus, Nokia validate 6G cloud tech

South Korea's LG Uplus Corp. announced on Friday that it has verified 6G cloud technology in collaboration with Nokia.This technology enhances the s...

Taihan Cable wins order for UHV power grid in Egypt

Taihan Cable wins order for UHV power grid in Egypt

South Korea's Taihan Cable & Solution Co. announced on Thursday that it has won a project for a 500-kilovolt (kV) UHV power grid project commiss...

SK Networks looks to triple operating profit by 2026 with AI

SK Networks looks to triple operating profit by 2026 with AI

SK Networks Co., a South Korean trading and rental company actively investing in tech firms in recent years, will step up its efforts to transform i...

LG Uplus validates next-gen 5G SW platform tech

LG Uplus validates next-gen 5G SW platform tech

South Korea's LG Uplus Corp. announced on Thursday that it has completed the technology verification of next-generation software platforms with Eric...

SK Networks ties up with US-based Bow Capital for investments

SK Networks ties up with US-based Bow Capital for investments

SK Networks Co., a South Korean trading company, joined hands with Silicon Valley-based venture capital firm Bow Capital for investment cooperation,...

Huneed, DTC to co-work for military radio equipment

Huneed, DTC to co-work for military radio equipment

South Korea's Huneed Technologies announced on Tuesday that it has signed a teaming agreement with the UK-based Codan Communications DTC. The two c...

S.Korea’s LS Group wins regulatory nod for securities biz

S.Korea’s LS Group wins regulatory nod for securities biz

South Korea’s electrics components-to-energy conglomerate LS Group is set to start the securities business as it secured regulatory approval t...

SK Networks invests $19 mn in AI startup Upstage

SK Networks invests $19 mn in AI startup Upstage

South Korea's SK Networks Co. announced on Friday that it has invested 25 billion won ($19.02 million) in the domestic artificial intelligence (AI...

S.Korea names budget veteran as finance minister to prop up economy KKR in control feud over Korea’s top solar power plant Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot