Korean Air joins race for flying car business to rival Hyundai, Hanwha

Korean Air joins race for flying car business to rival Hyundai, Hanwha

Korean Air Lines Co. is entering into the business of urban air mobility (UAM), which is emerging as one of the most futuristic modes of transportat...

Samsung sharpens DRAM marketing prowess vs Micron

Samsung sharpens DRAM marketing prowess vs Micron

During Samsung Electronics Co.'s first-quarter conference call with analysts on Apr. 26, UBS analyst Nicolas Gaudois asked about the South Korean ch...

Freelancer market platform Kmong raises near $28mn in Series C round

Freelancer market platform Kmong raises near $28mn in Series C round

South-Korea based freelancer market platform Kmong Inc. has successfully attracted 31.2 billion won ($27.8 million) in its latest Series C funding, ...

Templeton to pull out of Korean retail fund market

Templeton to pull out of Korean retail fund market

Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...

Korean-made small SUVs reach 50% share in US market

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

Korean-made small SUVs reach 50% share in US market

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

Samsung unveils mid-band 5G equipment to target $9.9 bn US market

Samsung unveils mid-band 5G equipment to target $9.9 bn US market

Samsung Electronics Co. has unveiled a range of fifth-generation wireless equipment solutions targeting the US mobile service market, expected to ac...

Narrower price gap to LCD underpins OLED TV market

Narrower price gap to LCD underpins OLED TV market

A rapid increase in liquid crystal display (LCD) panel prices has sharply narrowed the price gap between LCD panels and organic light-emitting diode...

Hyundai Motor, SK Innovation join forces on hybrid car battery development

Hyundai Motor, SK Innovation join forces on hybrid car battery development

South Korea-based automakers Hyundai Motor Co., KIA Corp. and electric vehicle battery maker SK Innovation Co. have joined forces to jointly develop...

Citibank Korea's retail arm sale may fuel M&A market

Citibank Korea's retail arm sale may fuel M&A market

Citigroup Inc.'s plan to exit from South Korea's retail banking market may invigorate the country's M&A market, with small-sized, non-banking fi...

Coupang to start first overseas operation in Singapore

Coupang to start first overseas operation in Singapore

South Korea’s e-commerce giant Coupang Corp. is moving forward with its global expansion plans by entering the Singapore market. The New York ...

Foreigners return to Korean market; Kosdaq at near 21-year high

Foreigners return to Korean market; Kosdaq at near 21-year high

Foreign investors, the dominant players on the Korean bourse, are returning as buyers of Samsung Electronics Co. and other blue chips, keeping the m...

NHN joins race for top spot in global webtoon market

NHN joins race for top spot in global webtoon market

South Korean content platforms' appetite for webtoons remains strong as major players such as Naver Corp. and Kakao Corp. further ramp up their webt...

Hyundai Mobis expands mobility business, reveals concept cars

Hyundai Mobis expands mobility business, reveals concept cars

South Korea’s largest auto parts maker Hyundai Mobis will undergo significant reforms in its business model to become a future mobility platfo...

BlackRock sheds $620 mn Korean retail fund business

BlackRock sheds $620 mn Korean retail fund business

BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...

Korean value stocks outshine growth names in flat market

Korean value stocks outshine growth names in flat market

Over the past three months, domestic value stock funds in South Korea saw net outflows of 921.4 billion won ($814 million), with the benchmark Kospi...

Market jitters grow over Korean battery shares after VW’s decision

Market jitters grow over Korean battery shares after VW’s decision

Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in...

Allganize eyes $26.5 bn enterprise search market

Allganize eyes $26.5 bn enterprise search market

“Companies that haven't adopted artificial intelligence may eventually cease to exist,” said Lee Chang-su, founder and chief executive o...

Hyosung to equip airbags on Amazon’s self-driving cars

Hyosung to equip airbags on Amazon’s self-driving cars

Hyosung Advanced Materials will equip Amazon’s fully autonomous vehicles with its next generation one piece woven (OPW) airbags. The company s...

Market Kurly faces bumpy road to 2021 US listing

Market Kurly faces bumpy road to 2021 US listing

South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co.,...

Growing fandom of BTS, other K-pop idols revives album market

Growing fandom of BTS, other K-pop idols revives album market

In the South Korean music industry, the emergence of Soribada, the country’s first peer-to-peer file-sharing service, in 2000 heralded the beg...

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...

POSCO CEO enters 2nd term with focus on eco-friendly markets

POSCO CEO enters 2nd term with focus on eco-friendly markets

South Korean steelmaker POSCO Co. will put its efforts into gaining dominance in new growth markets such as eco-friendly vehicles and steel bars use...

Coupang rival Market Kurly also eyes US IPO in 2021

Coupang rival Market Kurly also eyes US IPO in 2021

Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also cons...

LG Electronics eyes growth potential in US auto parts market

LG Electronics eyes growth potential in US auto parts market

LG Electronics Inc. is aggressively expanding its automobile components business in the North American market – a move that is expected to hel...

S-Oil invests in fuel cell maker to enter hydrogen energy market

S-Oil invests in fuel cell maker to enter hydrogen energy market

South Korea-based oil refiner S-Oil Corp. is readying to expand its business into the hydrogen energy sector by investing around 8.2 billion won ($7...

Korea Ratings forays into online due diligence for alternatives

Korea Ratings forays into online due diligence for alternatives

South Korea’s leading credit rating and business valuation services provider, Korea Ratings, has stepped into the online due diligence service...

Shinsegae to enter Korean beer market with Lets Fresh Today brand

Shinsegae to enter Korean beer market with Lets Fresh Today brand

South Korea’s Shinsegae Group is entering the local beer market under the Lets Fresh Today brand as the retail giant is expanding its presence...

SK Hynix to unveil industry’s smallest pixel image sensor, eyes $24.9 bn market

SK Hynix to unveil industry’s smallest pixel image sensor, eyes $24.9 bn market

Leading global chipmaker SK Hynix Inc. plans to unveil the industry’s smallest 0.7-micrometer pixel image sensor this year to enhance its pr...

Hyundai Motor to ramp up fuel cell car production

Hyundai Motor to ramp up fuel cell car production

South Korea-based Hyundai Motor Co. has decided to produce around 17,000 units of its hydrogen fuel cell electric vehicle (FCEV) this year, thrice t...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares   Seoul vows zero-tolerance measures against unfair stock trading