SK may develop LFP batteries for low-priced EVs

SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...

Korea's first-generation platforms collapse, ringing in new e-commerce era

South Korea's first-generation e-commerce platforms, which have been around since the 1990s, are rushing to sell off their businesses as their valua...

Hyundai Glovis launches ECOH brand for hydrogen, battery businesses

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...

SK Innovation officially launches battery, E&P split-offs

South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...

With Hyundai’s Genesis GV60, your face is the key to unlock the door

If you own Hyundai Motor Co.'s latest premium electric crossover, the GV60, set for roll-out next month, you can just touch the handle and show your...

Hyundai Motor’s shares fall to 9-month low; new mobility key to rebound

Shares of South Korea’s top automaker Hyundai Motor Co. have fallen to their lowest level in nine months, bucking the trend of its global peer...

Digital stationery marketplace Webudding charms MZers

Stationery products such as planners, calendars and notepads have long been essential everyday items for busy people. And the stationery market has ...

Meritz Alternative to invest in Washington DC building

South Korea’s Meritz Alternative Investment Management Co. is set to invest in an office building in Washington DC.Meritz formed a 200 billion...

Korea’s top cryptocurrency exchange operator becomes decacorn

Dunamu Inc., the operator of South Korea’s top cryptocurrency exchange Upbit, became a decacorn, a company valued at over $10 billion.Dunamu h...

Taylor city in Texas likely to host Samsung’s new US chip plant

The global semiconductor industry is keeping a close eye on whether Taylor, a city located in Williamson County of Texas and the most probable site ...

Hyundai Motor to start hydrogen popularization in 2040

Hyundai Motor Group, the world’s fifth-largest automaker, declared to make 2040 the first year of hydrogen energy popularizationThe group was ...

KGC creates Ginseng Museum Cafe in New York

Korea Ginseng Corporation (KGC), a wholly-owned subsidiary of KT&G Corporation, has set up its first interactive cafe in the global market where...

GS E&C to build EV battery recycling plant near POSCO

GS Engineering & Construction Co. (GS E&C) has launched the construction of its first lithium-ion battery recycling plant in a South Korean ...

High-priced drugs add to pressure for Korea's healthcare reform

A number of new rare disease treatments, approved in South Korea over the past year, are still unaffordable for the public because of their price ta...

LG Chem, ADM to build JV in US to produce bioplastics made from corn

South Korea’s LG Chem Ltd. said on Tuesday it is jointly building a corn-based bioplastic plant in the US with Archer Daniels Midland Co., a g...

Volvo unveils new XC60 with SKT in-vehicle infotainment

An artificial intelligence personal assistant sets up a destination for a GPS navigation. The AI assistant texts others the estimated arrival time...

KT, Daishin PE acquire 100% stake in global data firm Epsilon

South Korea’s major telecom company KT Corp. is expanding investments in future growth areas outside the traditional mobile sector. KT said on...

Netmarble acquires Canadian game studio for $165 mn

South Korea's Netmarble Corp. has acquired Canada's mobile game developer Ludia Inc. for $165 million, the latest in a series of its cross-border ac...

Samsung unveils new microSD cards for advanced storage demand

Samsung Electronics Co., the world’s top memory chip maker, introduced new microSD cards with enhanced performance and stability on Sept. 8 to...

LG set to fund OLED plant expansion with over $400 mn in new bonds

LG Display Co. will likely raise around 500 billion ($430 million) in new bond issues, more than its planned 300 billion won, to finance the expansi...

LG Chem unveils new cover window technology for foldable devices

LG Chem Ltd., the chemical unit of South Korea’s LG Group, said on Tuesday it has developed a new cover window that folds both ways – in...

Genesis goes green as Hyundai Motor accelerates EV push

South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled its vision for a sustainable future, in which all its new vehicles under th...

Namyang Dairy-Hahn & Co. saga enters new chapter: Legal fight

Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik on Wednesday notified Hahn & Co. of the termination of the 310.7 billion ...

SK Global Chemical rebrands as plastic recycler SK Geocentric

SK Innovation Co.’s petrochemical unit SK Global Chemical Co. has undergone a corporate name change to SK Geocentric Co., in a move to reident...

Hahn & Co. sues Namyang owner over completion of $267 mn deal

South Korea’s private equity firm Hahn & Co. filed a lawsuit against the owner of Namyang Dairy Products and his family to complete a $267...

Global automakers' new battle field: small EVs

Global automakers stop producing smaller cars among internal combustion engine models. The industry is facing difficulties to make profits from thos...

Samsung launches new 5G foldable phones in 40 countries

Samsung Electronics Co. on Friday officially launched the new models of its high-end smartphones Galaxy Z Fold3 and Galaxy Z Flip3 in 40 countries, ...

Now is the time for PEFs to show their art of exit

Leading private equity firms, including Bain Capital, KKR & Co. and MBK Partners, appeared to have turned to an exit mode in South Korea this ye...

Korea’s hydrogen council to launch Sept. 8; Hyundai to unveil new tech

The South Korean version of the Hydrogen Council, a global CEO-led initiative to harness the clean energy source, will officially launch on Sept. 8 ...

NPS in $2 bn real estate development project in Seoul

The National Pension Service (NPS) has agreed to participate in a 2.6 trillion won ($2.2 billion) real estate development project in western Seoul, ...