Kia vows to take 10% of Indian market after 1 million car output

Kia vows to take 10% of Indian market after 1 million car output

In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...

Samsung Bioepis enters US market for biosimilars of Humira

Samsung Bioepis enters US market for biosimilars of Humira

South Korea's biopharmaceutical company Samsung Bioepis, which was expected to struggle on the US market for biosimilars of Humira, the world's top-...

Hyundai Motor premieres first high-performance EV IONIQ 5 N

Hyundai Motor premieres first high-performance EV IONIQ 5 N

The IONIQ 5 N – Hyundai Motor Co.'s first all-electric high-performance car under its N brand – made its world premiere on Thursday, wit...

Samsung takes on Micron with new flash auto memory UFS 3.1

Samsung takes on Micron with new flash auto memory UFS 3.1

Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass production of its latest flash memory chip, which the company sa...

Korea's IPO market heats up with higher price cap for new stocks

Korea's IPO market heats up with higher price cap for new stocks

South Korea’s initial public offering market is heating up with some 30 firms set for new share subscriptions in July and August, more than su...

LG releases world's first connection cable-free OLED TV

LG releases world's first connection cable-free OLED TV

LG Electronics Inc. on Thursday announced its release of the world's first wireless OLED TV, LG Signature OLED M.As the world's first OLED TV to hav...

KCC boosts output of semiconductor-sealing material

KCC boosts output of semiconductor-sealing material

South Korean chemical and auto parts maker KCC Corp. is expanding its production lines for the semiconductor-sealing material epoxy molding compound...

Daewoong's Nabota exceeds 600,000 customers in US

Daewoong's Nabota exceeds 600,000 customers in US

South Korea's Daewoong Pharmaceutical said on Thursday that its local loyalty program for Nabota (American name: Jeuveau) in the US, a botulinum tox...

Naver Webtoon starts fortunetelling, personality test services

Naver Webtoon starts fortunetelling, personality test services

South Korea's Naver Webtoon has launched a service combining its content with the Myers-Briggs Type Indicator (MBTI), a US test of personality type,...

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

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...

HD Hyundai Infracore uses AR to service Develon construction equipment

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 ...

Shrinking youth jobs cast shadow over S.Korea’s labor market

Shrinking youth jobs cast shadow over S.Korea’s  labor market

Employment in South Korea extended its growth streak in June but its gains slowed for the third straight month, with youth jobs declining for eight ...

Korea chip exports to rebound in Oct; car, cell exports to stay firm

Korea chip exports to rebound in Oct; car, cell exports to stay firm

South Korea expected overseas sales of semiconductors, the country’s top export item, to rebound from October while the auto, secondary batter...

Hanwha Systems pursues space internet service

Hanwha Systems pursues space internet service

South Korea's Hanwha Systems Co. on Tuesday announced completion of its registration the day before as a facility-based communications operator with...

Doosan Robotics to expand smart factory deployment using cobot

Doosan Robotics to expand smart factory deployment using cobot

Doosan Robotics, a robot solution subsidiary of South Korea's Doosan Group, said on Tuesday it has signed a memorandum of understanding (MOU) with d...

Hyundai Steel to open carbon-neutral steel lab by 2023

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

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

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...

Korea tops US eco-friendly car import rankings despite IRA disadvantage

Korea tops US eco-friendly car import rankings despite IRA disadvantage

South Korea retained its top spot in exports of eco-friendly vehicles including electric cars to the US in the first quarter despite challenges pose...

HK inno.N releases new drug for GERD in Indonesia

HK inno.N releases new drug for GERD in Indonesia

South Korean bio-health company HK inno.N Corporation's new drug for gastroesophageal reflux disease (GERD) K-CAB has been officially launched in In...

Samsung Biologics, Celltrion pledge major CO2 cuts

Samsung Biologics, Celltrion pledge major CO2 cuts

South Korea’s No. 1 biopharmaceutical company Samsung BioLogics Co. and No. 2 Celltrion Inc. produced higher CO2 emissions last year than in 2...

Hyundai Transys wins Red Dot Design Award

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."...

Beauty markets in three NE Asian nations split into cheap, small luxury

Beauty markets in three NE Asian nations split into cheap, small luxury

The beauty markets of South Korea, China and Japan are split into cost-effective products of under $10 and "small luxury" items like premium perfume...

Korea logs current account surplus in May on brisk sales of goods

Korea logs current account surplus in May on brisk sales of goods

South Korea’s current account swung to the black in May from a deficit the prior month, thanks to a surplus in the goods account for the secon...

HD Hyundai Infracore to develop hydrogen gas turbine engine

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...

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

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...

GS E&C loses $230 mn market capitalization in one day

GS E&C loses $230 mn market capitalization in one day

GS Engineering & Construction Co.'s stock price plummeted on Thursday in the aftermath of the underground parking lot collapse. Following the Mi...

S.Korea’s contents export size surpasses home appliances, textiles

S.Korea’s contents export size surpasses home appliances, textiles

South Korea's contents export size recorded $13.3 billion last year, surpassing the export values of home appliances ($8 billion) and textile produc...

Hyundai Wia completes flying drone interception test

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...

S.Korea's E-mart24 opens 3rd branch in Singapore

S.Korea's E-mart24 opens 3rd branch in Singapore

South Korea’s convenience store chain E-mart24 has opened its third store in Singapore featuring the city-state's hawker culture, aiming for l...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation