POSCO to deploy more industrial robots at workplaces
POSCO Group, which owns South Korea’s largest steelmaker, plans to deploy more industrial robots at its factories to improve productivity and ...
Samsung SDS takes smart logistics platform Cello Square to China
Samsung SDS Co., the information technology service unit of Samsung Group, is taking its smart logistics platform, Cello Square, to China to offer l...
LG Energy begins joint research on smart factory tech with elite institute
LG Energy Solution Ltd. and Pohang-based Research Institute of Industrial Science and Technology (RIST) announced Wednesday they will embark on join...
Korea’s SFA Engineering aims for top spot in smart factory market
SFA Engineering Corp., a small South Korean equipment maker, has for decades been known for its automated machines used in the manufacture of displa...
LG CNS eyes 2023 IPO to pave way for Macquarie's exit
South Korea's LG CNS Co., 35% owned by Macquarie Group, sent requests for proposals to brokerage companies on Monday as it is looking to go public n...
Hyundai opens world's first UAM takeoff, landing area in UK
South Korea's Hyundai Motor Group has opened the world's first urban air mobility (UAM) takeoff and landing area in central England.Supernal LLC, Hy...
Hana Fin. boosts Vietnam presence with BIDV Securities stake
South Korea's Hana Financial Investment Co. has become the second-largest shareholder in Vietnam's BIDV Securities after buying a 35% stake in the V...
LG Electronics widens lead over Whirlpool as top home appliance maker
LG Electronics Inc. is consolidating its lead over Whirlpool Corp. as the world’s top home appliances maker, with $1 billion more in sales rev...
Hilton Seoul to transform into UAM landing area
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) plans to build the country's first landing area for urban air mobility (U...
Dell, SK team up for 5G mobile edge computing market
South Korea's top mobile carrier SK Telecom Co. (SKT) has joined hands with Dell Technologies Inc. to launch a 5G mobile edge computing (MEC) platfo...
Data centers in European core cities are promising, Principal head says
Critical data center hubs have emerged in European major cities with dramatic growth in data consumption, and the facilities are rising as promising...
AI startup InterMinds builds Smart Stores with conglomerates
Convenience stores are hotbeds for South Korean IT companies to test their artificial intelligence (AI) technology.That is because the establishment...
K Car's evolution into top Korean used car sales platform
When Seoul-based private equity firm Hahn & Co. acquired K Car Co. from SK Group in 2018, the No. 1 used car retailer in South Korea controlled ...
SK Group's PE-funded transformation in the spotlight
SK Group stands out from other South Korean conglomerates in making good use of private equity funds to raise money for business expansion.The count...
Samsung Smart Monitor M8 available in S.Korea
The new Samsung Smart Monitor M8 is now available for sale in South Korea, Samsung Electronics Co. announced on Sunday.The product can stream serv...
Smart factories drive Korea SMEs to reshore overseas plants
South Korea’s small and medium-sized enterprises adopted smart factories for survival as the digitalized facilities improve productivity and q...
App-rich LG smart TVs blur lines with smartphones
From home workouts to math and science courses, thousands of apps now available on LG smart TVs are blurring the lines between TVs and smartphones.S...
Seoul launches investment promotion agency for FDI expansion
The city of Seoul launched Invest Seoul on Feb. 7, an investment promotion agency (IPA) to attract foreign investment and overseas companies. The ca...
IGIS invests in Kakao Enterprise for AI-embedded real estate
IGIS Asset Management Co. and its venture capital affiliate are slated to invest 10 billion won ($8.3 million) in Kakao Enterprise Corp., an artific...
SK Telecom and KT to compete in AI chipmaking
SK Telecom Co. and KT Corp. are poised to go head to head in manufacturing chips for artificial intelligence. The telecom giants will utilize their...
Hyundai revs up shares in Korean EV parts makers
South Korea's electric vehicle components market is heating up as top automaker Hyundai Motor Group accelerates its transformation into an EV manu...
Hyundai Motor overhauls management in biggest-ever generational revamp
Hyundai Motor Group, South Korea’s second-largest conglomerate, on Friday replaced its mid-tier executives in its largest personnel reshuffle ...
EQT chairman sees technology and services as attractive sectors in Korea
High price tags of target companies can be justified if you understand long-term trends of the industry and have expertise in the sectors, Conni Jon...
LG Energy to adopt Siemens' digital factory technology
South Korea's LG Energy Solution Ltd. plans to adopt Siemens AG's smart factory technology to accelerate the digitization of its battery manufacturi...
Patrizia sells Astro Tower in Brussels on behalf of Korean LPs
Patrizia AG, a Germany-based global leading real estate investment firm, said on Dec. 13 it has sold the shares of the company owning Brussels&rsq...
Hyundai Oilbank attracts $20 million from Palantir ahead of IPO
South Korean refiner Hyundai Oilbank Co. has attracted $20 million in investment from US data analytics firm Palantir Technologies Inc. ahead of its...
Korea sets up smart farm in UAE, envisions more projects in Middle East
South Korea is building a smart farm in the Middle East desert with technology enabling the growth of various crops while minimizing water consumpti...
Global cities with young elites will survive in long term, RXR chairman says
Now it is time to invest in e-commerce, healthcare and multifamily housing, or the so-called three megatrends, which have increased in demand during...
Robots, AI replace human workers at Kia’s EV6 manufacturing factory
Kia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at its smart factory for the EV6, its firs...
LG Elec brings GeForce Now games to smart TVs
LG Electronics Inc., the global home appliance giant, will now enable gamers to enjoy Nvidia Corp.’s game streaming service GeForce Now on the...
