Chinese buy cosmetics, Japanese pick groceries in Korea: Survey
Foreign visitors to South Korea show different purchasing preferences by nationality, a survey found. A majority of Chinese travelers' top picks are...
SK Hynix expects second-half market recovery after record Q1 loss
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...
Bionote, Covetrus sign distribution agreement diagnostic products for animals
BioNote, South Korean developer of diagnostic reagents for animals, announced on Tuesday that it has signed a supply contract with Covetrus, a US-ba...
CG Bio establishes US corporation to develop tissue products
South Korean bio-regenerative medical firm CG Bio has launched a new US corporation CG MedTech, to focus on the development and marketing of tissue ...
LG Elec to strengthen its direct-to-consumer sales strategy
South Korea's LG Electronics Inc. is strengthening its direct-to-consumer (D2C) strategy and expanding its lineup of low- to mid-priced products to ...
POSCO Future M to inject $461 mn to bulk up cathode production
POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., said on Monday it has decided to invest 614.8 billion won ($460.5 millio...
Samsung Display to use waste glass in cement to erect new HQ
South Korea's Samsung Display will use recycled cement using waste glass from the display production process to build a new headquarters.The company...
Russian fresh pollock imported for first time at Donghae Port
As Korean cod, which had been considered everyone's fish, has virtually disappeared, Russian fresh pollock has finally become available to Kor...
Lotte Biologics invests in S.Korean bio-venture Pinotbio
South Korea’s Lotte Biologics Co. said on Friday that it has made an equity investment in Pinotbio, Inc. for the development of antibody-drug ...
CJ OliveNetworks opens S.Korea's first logistics center with 5G
South Korea's digital service company CJ OliveNetworks on Thursday said it set up the mobile communications network "Ieum 5G" exclusively for busine...
Shinhan Financial Chairman to hold overseas IR in Japan
Shinhan Financial Group's Chairman Jin Ok-dong is set to embark on his first overseas business trip since taking office as chairman last month. From...
LG Chairman to refine strategy for EV battery production
Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, visited a cathode plant on Monday to review supply chains for the batt...
Orion’s Turtle Chips launches in Vietnam, India
South Korea's confectionary giant Orion Corp. is launching its popular snack "Kkobuk Chip" in Vietnam and India. Orion announced on Monday that it h...
SK Telecom, Singaporean company collaborate on virtual production
SK Telecom Co. announced on Monday that it has signed a memorandum of understanding (MOU) with Xon Studios and Singapore's virtual production specia...
Indonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales
South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...
Hankook Tire's iON brand wins Red Dot Design Award
South Korean tire maker Hankook Tire & Technology said on Thursday that its electric vehicle (EV) exclusive tire brand, "iON," has secured four ...
LG to unveil healthcare product; open to startup M&As
South Korea’s LG Electronics Inc. is set to unveil its first digital healthcare product in the second half of this year, three years after it ...
Hopeful signs for full comeback of Korean resort operator Paradise
Paradise Co., a major South Korean resort and casino operator, is taking big steps towards a full comeback this year from the pandemic shock, with a...
Korean game sector looks to cute girls to lure new users
South Korea’s game makers rushed to launch games with cute girl characters to allure fans of Japanese animation as cartoons for the subculture...
S.Korean semiconductor industry faces sharp decline: report
The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...
60% of S.Koreans think AI will take away jobs: survey
A recent survey conducted by The Poll, a blockchain-based opinion poll company, has revealed that six out of ten Korean citizens are concerned...
Some 60% of S.Koreans think AI will take away jobs: Survey
A recent survey conducted by The Poll, a blockchain-based opinion poll company, has revealed that six out of ten Korean citizens are concerned that ...
Korea's InnoGrid to collaborate with Hyosung for cloud business
InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...
Hanwha Solutions signs MOU with 7 companies for bio PVC biz
Hanwha Solutions Corp., a South Korean petrochemical company, is partnering with domestic polyvinyl chloride (PVC) companies to promote the commerci...
Dongwon inks deal with Dongkuk for secondary battery raw material
South Korean firm Dongwon Systems Corp. has signed an agreement with Dongkuk Industries Co. for the supply, sale and development of raw materials fo...
CJ Olive Young introduces Beauty Box filled with K-beauty products
South Korea's health and beauty store chain operator CJ Olive Young Co. announced on Thursday that it will introduce its K-beauty curation service c...
HLB Cell develops organoid biomaterial based on human normal cells
HLB Cell, a subsidiary of HLB Life Science Co., which specializes in the development of cell therapy products, announced on April 4 that it succeede...
SeAH rolls out S.Korea's first 24-inch STS steel pipe production line
South Korea's SeAH Steel Corp. through an expansion has the nation's largest plant for stainless steel (STS) welded steel pipe measuring 60.9 cm (24...
Shinhan Financial, KOSME to support startups for expanding Japanese market
Shinhan Financial Group announced on Wednesday that it has partnered with the Korea SMEs and Startups Agency (KOSME) to support Korean startups' ent...
Samsung Electronics expands B2B online store to Germany
Samsung Electronics Co. announced on Tuesday the opening of a new online store dedicated to small and middle-sized businesses (SMBs) in Germany as p...
