HL Klemove partners with Neubility to develop self-driving robot

South Korea's self-driving technology company HL Klemove has partnered with Neubility, a domestic autonomous driving robot service platform, to coll...

KB Financial, Sompo Japan team up for boosting nursing care services

South Korea's KB Financial Group and Japan's Sompo Holdings announced on Friday a memorandum of understanding (MOU) to collaborate on nursing care s...

LG Energy to expand EV battery care with 7 imported car dealers

South Korea's LG Energy Solution Ltd. has teamed up with seven imported car dealers in the country to expand the company's electric vehicle (EV) b...

Samsung unveils 2023 model TV, home appliances in China

Samsung Electronics Co. announced that it held the 2023 China Tech Seminar in Beijing, China, on Friday, unveiling the new TV and home appliance tec...

Korean battery maker SK On attracts $400 mn from Hillhouse

South Korean battery maker SK On Co. has secured $400 million from Hillhouse, a Singapore-headquartered asset management firm, investment banking so...

KT to start outdoor robot delivery in Seoul from Q4

South Korea’s KT Corp. from the fourth quarter will start outdoor robot delivery of food and daily necessities in Seoul’s upscale distri...

IONIQ 5 set for fully driverless public taxi service

The IONIQ 5 robotaxi, based on Hyundai Motor Co.'s all-electric crossover, will launch its first fully driverless service for public passengers late...

Yanolja teams up with SE Asia's largest travel platform

South Korea's tourism platform unicorn Yanolja announced on Monday that it will expand its overseas travel services by linking with Traveloka, a ren...

S.Korea's Tada ride-hailing app introduces English service for foreigners

South Korean ride-hailing platform TADA, operated by VCNC, announced on Thursday the introduction of an English language service to its app, in a mo...

South Korea’s Hyundai Elevator applies AI to boost customer convenience

"Miri is a leading example of digital transformation in the elevator sector that raises a notch service speed and customer convenience. Let’s ...

Teachers' Pension to up global alternatives to 19% of AUM by 2027

Teachers’ Pension (TP), South Korea’s major pension fund for private school employees, will accelerate investment in domestic bonds whil...

S.Korea opens logistics center at Surabaya port, Indonesia

South Korea said it opened a logistics center at a port in Surabaya, Indonesia, to support exports to Southeast Asia’s top economy.The Ministr...

NPS vows to raise alternative investment ratio, cut bond purchases

South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, plans to raise the ratio of its alternative...

S.Korea mulls adding national pension benefits to raise birth rate

South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...

Hyundai Glovis wins certification for lithium battery air transport

South Korea's logistics company Hyundai Glovis Co. has obtained international certification for specialized transportation, demonstrating its expert...

S.Korean chips’ heavy reliance on China, US poses risk to national economy

South Korea’s semiconductor industry is more vulnerable to economic and industrial shifts in its key export markets than those of its rivals T...

LG Electronics blocks access to generative AI in company

LG Electronics Inc. has decided to block access to generative AI services through its intranet. Industry sources said on Friday, LG Electroni...

MBK co-founder meets with Korean CIOs to finance 6th buyout fund

Asia’s private equity giant MBK Partners Ltd. is set to accelerate fundraising for its new fund, which is expected to become the firm’s ...

Samsung Electronics opens online pet care store

Samsung Electronics Co. has entered the expanding pet care market with the launch of its Pet Care Store on its official website, according to a stat...

Mercedes Korea executive promoted as US customer service chief

Kim Jee-seop, former vice president of the customer service department at Mercedes-Benz Korea, has been promoted to oversee the German automaker&rsq...

Kakao Mobility uses self-driving vehicles to transport cargo

South Korea’s transportation company Kakao Mobility has launched a project in the nation's fourth-largest city of Daegu to transport people an...

Naver’s search engine dominance under siege as Google, MS advance

South Korea’s online portal Naver Corp., the undisputed search engine leader in the domestic market for decades, is under siege as global Big ...

Korea's NPS maintains good grade despite heavy losses: finance ministry

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...

SpaceX pushes back Starlink's S.Korea launch to Q4

Starlink, low-orbit satellite internet constellation operated by the US aerospace company SpaceX, has delayed the launch of its South Korean service...

Hanatour unveils ChatGPT-based travel information service

Hanatour Service Inc. announced on Friday the introduction of its beta service, "Travel Information AI," on Friday. The service utilizes artificial ...

Kakao migrates global webtoon service environment to Google Cloud

South Korea's Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp. is joining forces with Google Cloud to glob...

Samsung SDS bolsters Cello Square with tech upgrades, global push

Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...

Korea's E-Mart shares tumble despite push for profitability

South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...

S.Korea's top 3 telecom companies boost pet-related services

South Korea's top three telecommunication companies are expanding their pet-related services to attract as customers the estimated 15 million owners...

S.Korea, Canada to bolster key minerals supply partnership

South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...