American patent trolls target S.Korean companies

Over 80% of American companies that sued South Korean companies for patent infringement last year were non-practicing entities (NPE), or “pate...

S&P expects BOK to cut rate by 100 bps in 2024 for growth

South Korea’s central bank is expected to cut its policy interest rate by one percentage point next year with inflationary pressure easing fur...

Samsung C&T invests $7.5 mn in Canadian low-carbon concrete firm

South Korea's Samsung C&T Corp. announced on Wednesday that it has decided to invest $7.5 million (9.8 billion won) in CarbonCure Technologies I...

HD Hyundai Infracore uses AR to service Develon construction equipment

South Korea's construction equipment and engine maker HD Hyundai Infracore Co. on Wednesday said its new augmented reality (AR) guidance app easily ...

Samsung Electro-Mechanics joins global supply chain consortium RBA

Samsung Electro-Mechanics, South Korean electronic components maker, has joined the Responsible Business Alliance (RBA) and Drive+, two global conso...

KT expands healthcare business in Vietnam

South Korea’s telecom service provider KT Corp. has recently organized a collaborative seminar on digital health alongside Hanoi Medical Unive...

CJ Logistics revamps itself into tech-based company

South Korea’s CJ Logistics on Monday said it has revamped its internal organization that it had maintained since its foundation in 1930. ...

S.Korea’s SKC seeks to sell fine ceramic business for $307 mn

SKC Ltd., a South Korean chemicals maker, is seeking to sell its fine ceramic business for an estimated 400 billion won ($307 million) as the unit o...

Hyundai Steel to open carbon-neutral steel lab by 2023

Hyundai Steel Co., a unit under South Korean auto giant Hyundai Motor Group, is set to kick off research on hydrogen-based steelmaking as its new la...

Ad-tech unicorn Moloco’s endeavor to unlock potential continues

SILICON VALLEY – Moloco Inc., a Silicon Valley-based ad-tech solution startup valued at more than $2 billion, is dreaming big to become a vers...

Hyundai Engineering to enter EV charging maintenance, service market

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, unveiled its ambitious plans on Mon...

Samsung Electronics creates global hit with new gaming monitor

Samsung Electronics Co. ’s new gaming monitor has received over 3,000 advance orders worldwide.The company on Monday said it began presale of ...

CJ CheilJedang simplifies organizational structure in global push

CJ CheilJedang Corp., the South Korean food giant with more than 200 operations worldwide, has streamlined its organizational structure to facilitat...

Hyundai Motor chairman visits Intel, seeking stable supply of chips

Hyundai Motor Group Chairman Chung Euisun toured Intel Corp.’s Leixlip Campus in County Kildare, Ireland last week to check out the latest tec...

Hyundai Transys wins Red Dot Design Award

South Korean auto powertrain and seat maker Hyundai Transys announced on Monday that it has won the Winner prize at the "2023 Red Dot Design Award."...

Hyundai Motor breaks out of 3-year slump in China

South Korea’s Hyundai Motor Co. has broken out of its slump in China, with its Chinese joint venture posting its first sales growth in four ye...

Genesis rewrites Hyundai story, shedding Honda copycat image

Once dismissed as a Honda copycat, Hyundai Motor Co. is poised to pass yet antother milestone, with its luxury brand Genesis on track to top 1 milli...

SKC acquires 45% stake in chip test firm ISC for $400 million

SKC Ltd., a South Korean chemical materials company, said on Friday it has acquired a 45% stake in semiconductor test equipment maker ISC Co., for 5...

Samsung unveils global campaign video of Galaxy Z

Samsung Electronics Co. has announced the release of a new global campaign video ahead of the unveiling of the new foldable phone series on July 26....

POSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035

South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply infrastructure with...

HD Hyundai Infracore to develop hydrogen gas turbine engine

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of understanding (MOU) with...

KB Financial pursues glocalization in Southeast Asia

KB Financial Group Chairman and Chief Executive Yoon Jong-kyoo brought up “glocalization” as a key strategy for its global expansion at ...

Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022

The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...

LG Electronics sets up 1st global R&D center in Indonesia

South Korean home appliance giant LG Electronics Inc. opened its first overseas research and development center in Indonesia on Thursday to accelera...

SGC Group slapped with over $7.7 mn fine for unfair internal trade

The Fair Trade Commission (FTC) has imposed a fine of more than 10 billion won ($7.7 million) on SGC Group companies for unfair internal transaction...

Kumho Tire signs official sponsorship deal with AC Milan

South Korea's Kumho Tire Co. has signed a sponsorship agreement as the official tire partner with the prestigious Italian football club AC Milan.Kum...

Hyundai Wia completes flying drone interception test

Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that the first shooting trial of its anti-drone syst...

Hanwha Ocean mulls large investments in warship facilities

Hanwha Ocean Co., the world’s fourth-largest shipbuilder, is considering large investments in new facilities to manufacture warships as the co...

Hyundai Glovis to support removal of marine debris

South Korea's leading logistics company Hyundai Glovis Co. announced on Thursday that it has joined forces with The Ocean Cleanup, a global environm...

S.Korea’s best-selling premium fashion brand Time to go global

Handsome Corp., a fashion house of South Korea’s major retailer Hyundai Department Store Group, will launch The Time, an upmarket collection...