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Samsung Group to speed up corporate governance reform

Samsung Group to speed up corporate governance reform

Samsung Group, South Korea’s largest conglomerate, is expected to accelerate the restructuring of its corporate governance to help Vice Chairm...

Samsung Electronics to announce plans to join RE100 Initiative

Samsung Electronics to announce plans to join RE100 Initiative

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, will soon join The Climate Group’s RE100 Initiative as the...

Kurly enters Singapore grocery market, targeting SE Asia

Kurly enters Singapore grocery market, targeting SE Asia

South Korea’s Kurly Inc., the operator of grocery delivery service Market Kurly, made inroads into Singapore with an aim to expand its busines...

LG Group to launch AI education programs for teenagers

LG Group to launch AI education programs for teenagers

South Korea’s LG Group will include teenagers in its mid- to long-term project to nurture artificial intelligence talent, as AI technology is ...

CJ CheilJedang posts record-high operating profit in Q2

CJ CheilJedang posts record-high operating profit in Q2

South Korean food giant CJ CheilJedang Corp. logged record-high quarterly operating profit in the second quarter of 2022 amid the growing popularity...

Lotte Chilsung to tie up with startups for vegan drinks

Lotte Chilsung to tie up with startups for vegan drinks

South Korea’s Lotte Chilsung Beverage Co. is set to start the vegan business along with local startups as veganism, or the practice of abstain...

Naver Band celebrates 10-year anniversary, over 6.1 billion posts

Naver Band celebrates 10-year anniversary, over 6.1 billion posts

South Korea’s tech juggernaut Naver Corp. announced Monday that its Naver Band celebrates 10 years in service with more than 156 million app d...

SK subsidary to supply EV battery materials to Vietnam's Vingroup

SK subsidary to supply EV battery materials to Vietnam's Vingroup

SK IE Technology Co. (SKIET) secured battery separator orders from Vietnam’s No. 1 conglomerate Vingroup, in the latter's push to expand into ...

Kakao to bolster open chat, ad services for growth

Kakao to bolster open chat, ad services for growth

South Korea’s leading online platform operator Kakao Corp. on Thursday unveiled plans to bolster its open chat and advertising businesses to a...

Infineon chip flaws to disrupt IONIQ 5 EV production

Infineon chip flaws to disrupt IONIQ 5 EV production

Hyundai Motor Co. is highly likely to suffer a further production delay for its all-electric crossover IONIQ 5 after South Korean industry sources s...

Korea’s top beauty chain CJ Olive Young puts IPO on hold

Korea’s top beauty chain CJ Olive Young puts IPO on hold

CJ Olive Young, South Korea’s top beauty store chain, has suspended its process to seek a stock market listing, becoming the latest major loca...

Samyang Foods' Hot Chicken Flavor Ramen sales surpass 4 bn

Samyang Foods' Hot Chicken Flavor Ramen sales surpass 4 bn

Samyang Foods Co. announced Monday it has sold more than 4 billion packets of its uber-popular Hot Chicken Flavor Ramen, or buldak-bokkeum-myeon, to...

POSCO, Krakatau to expand Indonesia steel mill for $3.5 bn

POSCO, Krakatau to expand Indonesia steel mill for $3.5 bn

South Korea’s POSCO Group and Indonesia’s state-run Krakatau Steel plan to jointly invest $3.5 billion in building a blast furnace and a...

Daesang Life, China’s Sinopharm to launch health foods joint venture

Daesang Life, China’s Sinopharm to launch health foods joint venture

Daesang Life Science Corp., a South Korean health foods maker, has signed an initial agreement with China’s Sinopharm International to launch ...

SK Chem to build plastic recycling plants in China

SK Chem to build plastic recycling plants in China

SK Chemicals Co. plans to build plastic recycling plants in China in partnership with a Chinese eco-friendly materials supplier as its parent SK Gro...

Shinsegae to launch wholly owned US subsidiary on alternative meat

Shinsegae to launch wholly owned US subsidiary on alternative meat

Shinsegae Food Inc. announced Thursday it will launch its US subsidiary focused on alternative meat. The food arm of Shinsegae Inc. will inject...

POSCO Holdings Q2 profit down on higher raw material costs

POSCO Holdings Q2 profit down on higher raw material costs

POSCO Holdings Inc., the holding company of South Korea’s steel giant, reported a lower profit in the second quarter on rising raw material pr...

POSCO Int'l tipped to merge with affiliated LNG terminal firm

POSCO Int'l tipped to merge with affiliated LNG terminal firm

POSCO International Co., a South Korean trading company, has embarked on a merger with its affiliate POSCO Energy Co. as their parent group is seeki...

DigitalBridge names Korean Tae Ahn as Asia capital formation head

DigitalBridge names Korean Tae Ahn as Asia capital formation head

DigitalBridge Group Inc., a US digital infrastructure investment firm, announced on July 19 it has appointed South Korean Tae E. Ahn as managing d...

Seoul to lure visitors with themed tours, video featuring BTS

Seoul to lure visitors with themed tours, video featuring BTS

Seoul, the capital of South Korea, is kickstarting efforts to attract foreign visitors with new tour programs and a promotional video featuring the ...

Hyundai’s Supernal showcases flying electric car at UK air show

Hyundai’s Supernal showcases flying electric car at UK air show

Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., has unveiled the cabin concept of its flying ...

S.Korea’s 5G, cryptography likely to be adopted as global standards

S.Korea’s 5G, cryptography likely to be adopted as global standards

South Korea’s five technologies on 5G mobile networks, cloud computing and cryptography have been preliminarily chosen as global standards, a ...

South Korea’s Mirae Asset Group bets $100 million on SpaceX

South Korea’s Mirae Asset Group bets $100 million on SpaceX

Mirae Asset Securities Co. is poised to invest $100 million in US spacecraft and satellite communication corporation SpaceX. The South Korean f...

LS Group to bolster batteries, EVs and chipmaking, chairman says

LS Group to bolster batteries, EVs and chipmaking, chairman says

South Korean conglomerate LS Group is seeking business opportunities in the materials and parts sectors led by the fast-growing battery, electric ve...

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink, the female K-pop idol group, will hold an in-game concert, the first such event by Korean pop artists, in collaboration with Krafton Inc....

S.Korean convenience stores extend rivalry to Malaysia

S.Korean convenience stores extend rivalry to Malaysia

South Korea’s two largest convenience store chains GS25 and CU are branching out into Malaysia in search of new growth markets.GS Retail Co., ...

SK Group set to buy landmark Seoul building for about $500 mn

SK Group set to buy landmark Seoul building for about $500 mn

South Korea’s second-largest conglomerate SK Group will be buying a landmark office building in a central business district of Seoul for aroun...

YG's share price surges 6.3% on news of Blackpink’s album release, concert 

YG's share price surges 6.3% on news of Blackpink’s album release, concert 

Shares of major K-pop label YG Entertainment Inc. finished Wednesday's trade 6% higher at 48,950 won ($37.52) a share, on news of Blackpink’s ...

CJ CheilJedang to rev up Korean food sales in Europe

CJ CheilJedang to rev up Korean food sales in Europe

South Korean food giant CJ CheilJedang Corp. is set to accelerate the expansion of its Korean food business in Europe. It aims to increase annual fo...

KG, Cactus PE, Pavilion PE named new owners of Ssangyong Motor

KG, Cactus PE, Pavilion PE named new owners of Ssangyong Motor

A consortium led by the chemicals-to-steel conglomerate KG Group has been named the new owner of South Korea’s troubled sport utility vehicle ...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

Heilongjiang Chengfu Food Group

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