Asleep forms partnership with National Sleep Foundation of US
South Korea's sleep technology startup Asleep, which was part of an economic delegation accompanying President Yoon Suk Yeol's recent state visit to...
Kia to take pre-orders for electric SUV EV9
Kia Corp. announced on Wednesday that it will begin taking pre-orders for the "Kia EV9." The EV9 is Kia's second dedicated electric vehicle based on...
S.Korea, US agree on simplified EV charger export procedure
South Korean companies looking to export electric vehicle chargers to the United States can now receive local certification more conveniently within...
S.Korea’s car exports hit record high of $15.4 bn in Q1
South Korea's car exports achieved their highest-ever record in the first quarter 2023, increasing by over 40% from a year ago, according to data fr...
Kakao Healthcare teams up with US digital, biohealth firms
Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao Group, has teamed up with US digital and health companies such as DexCom...
Doosan Enerbility secures place on US market for SMR
South Korea's heavy industry company Doosan Enerbility Co. on Thursday said it discussed on Tuesday cooperation in areas like hydrogen production us...
Daewoong to transfer techs for autoimmune disease to US pharma
South Korea's Daewoong Pharmaceutical announced on Friday that it has signed a technology export contract for the clinical development and commercia...
Korea's Kakao Pay to buy 51% of US financial firm Siebert
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...
S.Korea, US to jointly invest $60 mn for student exchange programs
South Korea and the United States have agreed to jointly invest $60 million in the exchange of young professionals in the field of science and techn...
Dongwon Group drops bid to take over McDonald’s Korea
Dongwon Group has canceled its bid to take over McDonald's franchise in South Korea."We reviewed the takeover of McDonald's Korea but our conclusion...
S.Korea’s IT parts makers reeling from sluggish smartphone, TV sales performance
South Korea’s major information technology parts makers like Samsung Electro-Mechanics, LG Innotek and LG Display Co. suffered huge dr...
Seoul zeroes in on high tech for US business alliance
South Korean President Yoon Suk Yeol is off to a smooth start on his six-day state visit to the US this week, which is expected to pave the way for ...
Kia expects stellar Q2 after reporting record operating profit in Q1
Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...
S.Korea gov’t hosts sales event for domestic, US SMEs
South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state...
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...
Korean dept stores to lure foreigners with K-pop, festival
South Korean department stores are set to launch various programs such as a festival and sales of K-pop star merchandise to attract foreign tourists...
Hyundai Motor, Kia invest $746.3 billion more in 42dot
Hyundai Motor Co. and Kia Corp. will inject 1 trillion won ($746.3 billion) of funds into 42dot, a self-driving vehicle subsidiary of Hyundai Moto...
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 ...
S.Korea-US to deepen aerospace ties through NASA's Artemis
South Korea and the US are set to deepen their partnership in the aerospace sector through the Artemis program, a human and robotic Moon exploration...
S.Korean foodservice companies’ entering to US expanded in 2022
South Korean foodservice companies expanded their presence in the US and Japan, while facing declining prospects in China due to COVID-19 restrictio...
Hyundai Motor to pay quarterly dividends with record Q1 profit
Hyundai Motor Co. on Tuesday reported its largest-ever quarterly profit, which soared a whopping 86.3% from a year earlier, while unveiling a plan t...
Korean auto parts makers’ earnings ride on electrification push
South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings on the back of their ...
Hyundai Wia commercializes autonomous logistics robots
Hyundai Wia, the second-largest auto parts supplier in South Korea after Hyundai Mobis, announced on Tuesday that it will begin commercializing auto...
S.Korea wary of tougher US anti-China moves for chipmakers
South Korean President Yoon Suk Yeol on Monday kicked off a six-day state visit to the US with a tough assignment: finding diplomatic solutions for ...
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 ...
LG Electronics to bolster B2B to transform into software company
LG Electronics Inc., South Korea’s home appliance giant, will expedite its push to transform from a white goods manufacturer into a digital so...
LG Innotek wins top US invention award
South Korea’s LG Innotek announced on Monday that its ultra-thin magnetic components, Nexlim, has won a bronze award in the "Commercial Techno...
Hyundai Mobis test-drives 'crab walking car' on public roads
South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...
LG paves way for $82 bn OLED TV, panel sales milestone
South Korea’s LG Display Co. is regarded as a pioneer in the organic light-emitting diode (OLED) market after it developed the world’s f...
