China exodus to elevate Korea to Asia hub: AmCham chief

South Korea has outstripped Hong Kong and Shanghai as a preferred Asia-Pacific headquarters destination for global companies, trailing only Singapor...

IL Science enters UK silicon lens market

South Korea's IL Science Co. said on Monday that it signed a contract with the US-based automotive electronics company Polymer Optics to supply an i...

Samsung tops global soundbar market for 10th consecutive year

Samsung Electronics Co. has held its ground as the leader in the global soundbar market for ten consecutive years, from 2014 through 2023, according...

Upstage establishes US subsidiary in Silicon Valley

South Korea's artificial intelligence (AI) startup Upstage announced on Monday that it established the US corporation Upstage AI in Silicon Valley, ...

Labor reform urged in Korea with higher wages than Japan

Wages at South Korean companies, both large and small, have surpassed those of their Japanese counterparts.According to a report on wage comparisons...

Shinhan Bank, Indodana co-work on digital finance

Shinhan Bank announced on Friday that its Indonesian subsidiary Shinhan Bank Indonesia signed a strategic business agreement with PT Artha Dana Tekn...

Hankook Tire-sponsored Formula E São Paulo Round 4 to be held

The 2024 São Paulo E-PRIX, the fourth round of the 10th season of the ABB FIA Formula E World Championship, the world's premier electric vehi...

Cosmax NBT targets Halal health supplement market

Cosmax NBT, Inc., a health supplement original development manufacturing (ODM) affiliate of South Korea's Cosmax Group, announced on Friday that it ...

Hyundai to bring Casper EV to Japan, premium Genesis cars to India

Hyundai Motor Co. will bring its electric Casper crossover city car to Japan next year as part of a bid to reinvigorate its performance in the neigh...

Daewoo E&C, Kuwaiti banks sign $250 mn loan agreement

Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ahli Bank of Kuwait (A...

Samsung brings AI tech to its latest TV lineup to rival LG’s OLED TVs

Samsung Electronics Co., the world’s largest TV maker, said on Wednesday it is bringing artificial intelligence technology to its 2024 TV line...

CJ Logistics gets IATA lithium battery transport certification

South Korea’s CJ Logistics said on Wednesday that it obtained the certification CEIV lithium battery, or the Center of Excellence for Independ...

Hyundai L&C targets US, India with premium finishing material

Hyundai L&C, South Korea’s Hyundai Department Store Group’s building materials unit, said on Tuesday that it will increase the propo...

SK Ecoplant, TES to enter Japan’s battery recycling market

SK Ecoplant Co., a South Korean construction engineering and waste management firm, said on Tuesday it is entering Japan’s battery recycling m...

LG invests $60 million in Bear Robotics as robot OS war intensifies

South Korea’s high-tech giant LG Electronics Inc. said on Tuesday it has invested $60 million in Bear Robotics Inc., a Silicon Valley-based se...

Premium children's brands buck falling birth rate in Korea

Premium children's clothing and food brands have bucked the economic slowdown in a country grappling with the world’s lowest birth rate as Sou...

Korean real estate firms put up for sale amid lasting market downturn

A growing number of private real estate firms are being put up for sale in South Korea amid a prolonged market downturn and increasing delinquencies...

MBK’s Michael ByungJu Kim: Most influential in Korea’s capital market

Michael ByungJu Kim, co-founder and partner of Northeast Asia-focused private equity firm MBK Partners Ltd., has been chosen as the most influential...

PUBG’s Krafton expands in India with localized games

South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), aims to expand its market share...

LG’s new AI-controlled soundbar to hit US market in March

LG Electronics Inc. will roll out its new flagship soundbar system — powered by AI and 15-channel sound — in North America later this mo...

BMW EV sales roar in Korea on strong lineup of new models

BMW, already one of the top two best-selling imported car sellers in South Korea, has beaten the world’s No. 1 EV seller Tesla Inc. in the cou...

Kia EV9 named UK Car of the Year 2024

Kia Corp. 's EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker, was named the UK Car of the...

KAI to develop future aerial mobility, single-seat aircraft

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, plans to develop future aerial mobility to secure a ...

LG releases StanbyME speaker in global market

LG Electronics Inc. announced on Friday that it released its portable StanbyME speaker in the global market. The StanbyME speaker is dedicated to ...

Mathpresso throws down the gauntlet in US edtech market

Mathpresso Inc., a South Korean startup operating the Google-backed learning app Qanda, has released its first study app catering to US university s...

Lotte puts Lotte Chemical Titan in Malaysia on market

Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tit...

Celltrion ships initial supply of Zymfentra to US

South Korea's Celltrion Inc. announced on Wednesday that it shipped the first supply of its subcutaneous injection type of the autoimmune disease tr...

Samsung flexes NAND muscle with high-capacity microSD cards

Samsung Electronics Co. on Wednesday unveiled two new microSD cards boasting high performance and capacity usually found in solid-state drives (SSDs...

DevSisters, Krafton sign Cookie Run India publishing deal

South Korean game developer DevSisters Corp. announced on Wednesday that it has signed a publishing agreement in India for the mobile game "Cookie R...

S.Korea’s fashion brand Time to debut at Paris Fashion Week

Time, South Korea’s best-selling women’s fashion brand which is owned by Handsome Corp., will participate in Paris Fashion Week fall/w...