Hyundai Motor to take 1st crack at Korea’s used car market

South Korea’s top automaker Hyundai Motor Co. is entering the country’s used car market, whose entry by big companies has long been deni...

Samsung, LG fuel rivalry in global hospitality TV market

Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...

KAI joins hands with VTX to enter Vietnam's helicopter market

Korea Aerospace Industries Co. (KAI) on Friday signed a preliminary agreement with Vietnam’s Viettel Aerospace Institute (VTX) to cooperate in...

Samsung, LG, Sony vie for mixed-reality OLED display market

Samsung Display Co., LG Display Co. and Sony Corp. — the world’s three leading display panel makers — are ratcheting up efforts to...

Revuelto, Lamborghini's first PHEV, launched in S.Korean market

Italian supercar brand Automobili Lamborghini unveiled its first-ever plug-in hybrid (PHEV) super sports car, the "Revuelto," in South Korea on Frid...

L&F to jump-start anode business with Mitsubishi Chemical

L&F Co., a major cathode supplier in South Korea, has embarked on a grand plan to take its battery materials business to new heights with the ad...

Startup Spatial looks to become YouTube in metaverse

Metaverse platform startup Spatial aims to grow into a company that allows users to enjoy interactive content together, as COVID-19 has increased th...

S.Korean MMORPG 'Lost Ark' to launch in Chinese market

"Lost Ark," the popular South Korean MMORPG developed by Smilegate RPG, is set to make its debut in the Chinese gaming market next month. Tencent Ga...

Hyundai Motor, Kia regain top spot in Vietnam's auto market

Hyundai Motor Co. and Kia Corp. are solidifying their dominance in the Vietnamese car market through the launch of new models and competitive lineup...

NH Property & Casualty Insurance inks MOU with Vietnam's PVI

South Korea's NH Property and Casualty Insurance announced on Wednesday its new comprehensive business cooperation agreement (MOU) with PVI Insuranc...

Lotte affiliates’ credit ratings downgraded all at once

The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...

Innocean acquires digital marketing company D-Plan 360

Innocean, a Hyundai Motor Group-affiliated advertising agency, has acquired the Seoul-based digital marketing company D-Plan 360 to greatly rai...

CU marks first entry of S.Korean convenience store into Kazakhstan

South Korean convenience store heavyweight, CU, has announced its first foray into Central Asia, beginning with Kazakhstan. The retailer's goal is t...

Hyundai Glovis acquires logistics automation SW company Altiall

South Korea's leading logistics company Hyundai Glovis Co. announced on Monday that it has signed a stock purchase agreement related to the acquisit...

GM names Hector Villarreal as new CEO for S.Korean operations

General Motors (GM) on Friday named Hector Villarreal as the new president of GM Korea. After more than 40 years with the company, GM Korea Presiden...

India rises as LG's cash cow under revised S.Korean tax laws

South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...

Seoul Semiconductor beats Samsung Elec in LED market

Seoul Semiconductor Co., South Korea’s hidden tech champion, beat Samsung Electronics Co., a global electronics giant, in the world’s li...

Generative AI startup Wrtn attracts nearly $12 mn in investment

South Korea's advanced tech startup Wrtn Technologies, a major player in generative artificial intelligence (AI), has attracted investment of 15 bil...

S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia

Hanwha Investment & Securities announced on Thursday that it has decided to acquire Indonesia's Ciptadana Securities and Ciptadana Asset Managem...

Market views turn bullish on Samsung as AI-led chip demand rises

Views on leading memory chipmaker Samsung Electronics Co. are becoming more bullish as the South Korean tech giant is expected to benefit from a ris...

CJ Darcl certified as best workplace in India by GPTW

CJ Logistics announced on Thursday that its Indian affiliate CJ Darcl has been certified as a 2023-2024 Best Workplace in India by GPTW, a research ...

LG, Samsung showcase new battery packs at InterBattery Europe 2023

MUNICH – South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – on Wednesday unveiled low-...

Korea’s Samyang opens $22 mn surgical suture plant in Hungary

Samyang Holdings Corp., the world’s top biodegradable suture yarn manufacturer, completed the construction of a 28 billion won ($21.9 million)...

S.Korea's Krafton establishes AI game subsidiary

South Korea's leading game developer Krafton Inc. announced on Wednesday that it has established a new independent studio called ReLU Games.Krafton ...

SKIET bets big on Europe's battery separator market

DABROWA GORNICZA, Poland – The production line of lithium-ion battery separators in SK IE Technology Co.’s (SKIET) factory in Dąbrowa G&...

Goldman Sachs slashes Korean cathode stock targets; market ignores

Goldman Sachs Group Inc. has slashed the target prices of South Korean top cathode stocks, namely EcoPro BM Co. and POSCO Future M Co., by nearly ha...

Naver expects to export ICT know-how to Middle Eest market

A high-ranking delegation from the royal family of Sharjah, one of the seven United Arab Emirates, led by Sheikh Saud bin Sultan Al Qasimi, Director...

Display makers LG, Samsung gear up for OLED gaming monitor boom

South Korea’s two largest panel makers – LG Display Co. and Samsun Display Co. – are bracing for a gaming monitor boom as gamers w...

Big Tech, Japanese comics publishers target webtoon business

Big Tech have started webtoon services while major Japanese comic book publishers are gearing up for the business, threatening South Korea’s o...

Samsung releases world's first dual QHD gaming monitor

Samsung Electronics Co. announced on Monday that it will sequentially release its organic light-emitting diode (OLED) gaming monitor Odyssey OLED G9...