S.Korea's SK Broadband moves into public DaaS market

S.Korea's SK Broadband moves into public DaaS market

South Korea's leading broadband Internet access provider SK Broadband is moving into the public desktop-as-a-service (DaaS) market.SK Broadband anno...

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung Electronics Co. announced on Thursday that it has successfully completed the opening of a 5th-generation mobile communications (5G) pilot ne...

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company to join the Global U...

Samsung’s old textile mill transformed into idea accelerating lab

Samsung’s old textile mill transformed into idea accelerating lab

Samsung Electronics Co. has opened its first regional C-Lab Outside campus in Daegu – where its founder Lee Byung-chull started his first busi...

S.Korea to spur defense sector tech with $1.5 bn R&D investment

S.Korea to spur defense sector tech with $1.5 bn R&D investment

South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...

S.Korea's EuBiologics to receive support from Gates Foundation

S.Korea's EuBiologics to receive support from Gates Foundation

South Korea's biopharmaceutical company EuBiologics Co. announced on Wednesday that its meningococcal pentavalent conjugate vaccine EuMCV5 under dev...

S.Korea's UAM project finalizes list of 46 participating companies

S.Korea's UAM project finalizes list of 46 participating companies

Forty-six companies in South Korea including three in mobile telecommunications are participating in the Korean-style urban air mobility (UAM) demon...

SK Telecom, NTT Docomo jointly publish technical white paper

SK Telecom, NTT Docomo jointly publish technical white paper

SK Telecom Co. announced on Wednesday that it had published a technical white paper on 6G common requirements and 5G base station power-saving measu...

S.Korea's LG Uplus opens children-specialized metaverse Kidstopia

S.Korea's LG Uplus opens children-specialized metaverse Kidstopia

LG Uplus Corp. announced on Thursday that it will be launching an open beta service of its metaverse "Kidstopia" at the end of this month. The servi...

S.Korean investors eye VC, growth equity in tech: Adams Street

S.Korean investors eye VC, growth equity in tech: Adams Street

Many investors are questioning whether private markets will stay bullish amid uncertainty in 2023. The markets will continue to generate interesting...

Hyundai takes lead in Korea’s dividend policy reform

Hyundai takes lead in Korea’s dividend policy reform

The Hyundai Motor Group is set to become South Korea’s first conglomerate to disclose dividend allocations ahead of the ex-dividend date, a mo...

S.Korea hits historic low fertility rate in 2022, adding to economic woes

S.Korea hits historic low fertility rate in 2022, adding to economic woes

South Korea saw its fertility rate, which has been already the world’s lowest in the past few years, hit its historic low of 0.78 last year, a...

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...

FuriosaAI speeds up development of next-gen AI chip with Hugging Face  

FuriosaAI speeds up development of next-gen AI chip with Hugging Face  

FuriosaAI Inc., South Korea’s fabless chip designer, has teamed up with Hugging Face Inc., a New York-based AI company boasting a massive tran...

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon Co., a South Korean steelmaker and a unit of POSCO Group, said on Wednesday that its biomass color steel plate has been certified as ...

Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project

Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project

Daewoo Engineering & Construction Co. and Jeju Air Co. have teamed up to participate in the Korean urban air mobility (K-UAM) project. The two c...

Doosan Enerbility promotes technology at world's largest energy exhibition

Doosan Enerbility promotes technology at world's largest energy exhibition

Major South Korean power plant builder Doosan Enerbility Co. announced on Wednesday that it has started promoting its nuclear power and gas turbine ...

S.Korea's ETRI creates software for faster 5G using small cells

S.Korea's ETRI creates software for faster 5G using small cells

The Electronics and Telecommunications Research Institute (ETRI), a non-profit government-funded research institute in South Korea, said on Tuesday ...

SK Materials joins forces with ExxonMobil in blue ammonia sector

SK Materials joins forces with ExxonMobil in blue ammonia sector

South Korea's SK Materials will enter the blue ammonia market in partnership with global energy giant ExxonMobil.SK Materials on Wednesday said it s...

KT’s global digital push deepens with Singtel partnership

KT’s global digital push deepens with Singtel partnership

KT Corp. has joined hands with Singapore Telecommunications Ltd. (SingTel) to export its cloud and artificial intelligence (AI) technologies, as wel...

HD Hyundai expands online communication channels

HD Hyundai expands online communication channels

HD Hyundai Co., formerly known as Hyundai Heavy Industries Group, has announced its intention to enhance its online communication channels to better...

Ssangyong E&C completes construction of Dubai's Atlantis The Royal

Ssangyong E&C completes construction of Dubai's Atlantis The Royal

Ssangyong Engineering & Construction announced on Tuesday the successful completion of "Atlantis The Royal," an ultra-luxury hotel in Dubai, the...

S.Korea sees first decline in household loans in 20 years

S.Korea sees first decline in household loans in 20 years

Household loans in South Korea last year fell from 2021 for the first time in 20 years because of high interest rates, but credit card debt hit a re...

S.Korea's Hanwha Asset Management staff protest personnel reshuffle

S.Korea's Hanwha Asset Management staff protest personnel reshuffle

Internal conflict is growing at South Korea's Hanwha Asset Management over the company's de facto restructuring of its fund management in the wake o...

Lessons from Korean Air’s botched mileage program reform

Lessons from Korean Air’s botched mileage program reform

Korean Air Lines Co. has suspended a plan to revamp its mileage program after it drew harsh criticism from both its customers and government officia...

POSCO decides to build electric furnace at Gwangyang Works

POSCO decides to build electric furnace at Gwangyang Works

South Korea’s leading steelmaker POSCO on Tuesday said it will begin its transition to a low-carbon production system by building an electric ...

CJ Investment fosters Korean startups to discover new growth engines

CJ Investment fosters Korean startups to discover new growth engines

CJ Investment, the corporate venture capital arm of CJ Corp., announced on Tuesday its plans to foster promising South Korean startups in order to d...

BOK sees interest rate as tight amid continued drop in exports

 BOK sees interest rate as tight amid continued drop in exports

South Korea’s central bank said on Tuesday it regards the current interest rate as tight, suggesting the monetary authority may hold the polic...

LG Uplus to provide infotainment service for Toyota's RAV4 PHEV

LG Uplus to provide infotainment service for Toyota's RAV4 PHEV

South Korean mobile telecom carrier LG Uplus Corp. has announced on Tuesday its plans to install its integrated infotainment (IVI) platform, the Upl...

KT succeeds in developing core equipment for 5G-specialized networks

KT succeeds in developing core equipment for 5G-specialized networks

KT Corp., a South Korean telecom service operator, has successfully developed equipment that embodies the core technology of 5G-specialized networks...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot