Hyundai, Kia team up with 11 universities for vehicle electrification

Hyundai, Kia team up with 11 universities for vehicle electrification

South Korean auto giant Hyundai Motor Co. and its sister company Kia Corp. are joining forces with leading South Korean universities to pioneer adva...

KT Cloud to adopt liquid immersion cooling system for data centers

KT Cloud to adopt liquid immersion cooling system for data centers

South Korea’s KT Cloud on Tuesday said it signed a deal with Immersion 4, a Swiss provider of liquid cooling solutions, to install next-gene...

ASM to invest $100 mn to expand R&D facilities in S.Korea

ASM to invest $100 mn to expand R&D facilities in S.Korea

The Netherlands-based semiconductor equipment maker ASM will invest $100 million (132 billion won) to boost its R&D and production capacities in...

Hanwha aims to develop unmanned fighter jet engine within decade

Hanwha aims to develop unmanned fighter jet engine within decade

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, aims to develop engines for unmanned aircraft within the next decade t...

Korea’s Kakao targets mobile infrastructure biz for Saudi tourism

Korea’s Kakao targets mobile infrastructure biz for Saudi tourism

Kakao Corp., South Korea’s mobile platform giant, targets the mobile infrastructure industry for Saudi Arabian tourism to expand its business ...

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

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 ...

Daewoo Shipbuilding enters new chapter as Hanwha Ocean  

Daewoo Shipbuilding enters new chapter as Hanwha Ocean  

Daewoo Shipbuilding & Marine Engineering Co. (DSME), South Korea’s cash-deprived second-largest shipbuilder, has rebranded itself Hanwha O...

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

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...

POSCO, JSW discuss eco-friendly reduction steel production

POSCO, JSW discuss eco-friendly reduction steel production

Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to discuss collaboration...

Korean biodiesel firm Dansuk sets sights on battery recycling business

Korean biodiesel firm Dansuk sets sights on battery recycling business

KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...

Kolon Industries to develop biodegradable plastics

Kolon Industries to develop biodegradable plastics

Kolon Industries Inc., a South Korean chemical and textile manufacturer, is embarking on the development of biodegradable plastics using food wast...

Samsung retains No.1 position in global TV market

Samsung retains No.1 position in global TV market

Samsung Electronics Co. has held on to its position as the world's top TV manufacturer in the first quarter of 2023, securing a 32.1% share of the m...

S.Korean Army opens Future & Innovation Research Center at KAIST

S.Korean Army opens Future & Innovation Research Center at KAIST

South Korean army announced that the Korea Army Research Center for Future & Innovation, a defense-related advanced science and technology resea...

Another Foreigner Detained in China, This Time a Korean Soccer Pro

Another Foreigner Detained in China, This Time a Korean Soccer Pro

SINGAPORE—Chinese police have detained a South Korean soccer player on allegations of bribery, the latest in a spate of enforcement actions af...

HD Hyundai Energy Solutions wins its first solar module order in Africa

HD Hyundai Energy Solutions wins its first solar module order in Africa

South Korea's HD Hyundai Energy Solutions Co., HD Hyundai Co.'s solar power subsidiary, on Monday said it will supply solar modules for construction...

Renault Korea seeks to establish R&D center in Busan

Renault Korea seeks to establish R&D center in Busan

Renault Korea has announced plans to establish an R&D center in Busan.The Busan city government announced it will sign a "Business Cooperation A...

Hyundai’s N Vision 74 praised at Italy’s classic-concept car show

Hyundai’s N Vision 74 praised at Italy’s classic-concept car show

Hyundai Motor Co., which has stunned the auto industry with its rebuilt 1974 Pony Coupe concept, has again enthralled car enthusiasts with its ...

Hyundai completes Nürburgring 24 Hours for 8th consecutive year

Hyundai completes Nürburgring 24 Hours for 8th consecutive year

South Korea's Hyundai Motor Co. announced on Monday that its Elantra N TCR (known domestically as Avante N TCR) and i30 Fastback N Cup Car triumphed...

Hyundai’s design inspiration: Pony Concept restored after 50 years

Hyundai’s design inspiration: Pony Concept restored after 50 years

For Hyundai Motor Co., the Pony – its first car – is a bittersweet memory.When Hyundai set its sights on car manufacturing back in 1974,...

Kakao migrates global webtoon service environment to Google Cloud

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...

Multifamily, digital infrastructure have upside potential: ASK 2023

Multifamily, digital infrastructure have upside potential: ASK 2023

Investors will spur capital injection in global residential real estate and emerging infrastructure segments such as data centers and energy transit...

S.Korea business lobby group regrets past political role

S.Korea business lobby group regrets past political role

The Federation of Korean Industries (FKI) on Thursday said it deeply regretted the political role it took in the previous governments and vowed to b...

Samsung SDS bolsters Cello Square with tech upgrades, global push

 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 ...

Samsung Display buys US OLED microdisplay maker for $218 mn

Samsung Display buys US OLED microdisplay maker for $218 mn

South Korea's Samsung Display has bought American OLED microdisplay maker eMagin for $218 million (290 billion won).eMagin on Wednesday said Samsung...

S.Korean AI chip developer DeepX ready to take on Nvidia: CEO

S.Korean AI chip developer DeepX ready to take on Nvidia: CEO

Demand for artificial intelligence microprocessors is set to grow astronomically as electronics and cars are becoming smarter, said DeepX chief, add...

Korean institutions eye investment in OpenAI at $40 bn valuation

Korean institutions eye investment in OpenAI at $40 bn valuation

OpenAI, the world’s most well-known artificial intelligence lab, is tapping South Korean institutional investors for investment at an estimate...

Amkor to top semiconductor packaging sector with better tech

Amkor to top semiconductor packaging sector with better tech

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

When Samsung Electronics Co. reported the worst quarterly loss for its semiconductor business last month, it found hope and relief in its mobile bus...

Hyundai Motor holds Brand Day in Tokyo

Hyundai Motor holds Brand Day in Tokyo

Hyundai Motor Co., in celebration of the first anniversary of its reentry into the Japanese market, is introducing a locally tailored "assurance pro...

Samsung Electro-Mechanics unveils high-capacity MLCCs for EVs

Samsung Electro-Mechanics unveils high-capacity MLCCs for EVs

Samsung Electro-Mechanics Co., a South Korean electronic components maker, on Tuesday showcased two new multi-layer ceramic capacitors (MLCCs) with ...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A