S.Korea's SK Ecoengineering launches cogeneration platform

S.Korea's SK Ecoengineering launches cogeneration platform

SK Ecoengineering Co., a South Korean engineering company specializing in environmental and energy projects, said on Thursday that it has launched a...

Hyundai Rotem's unmanned electric trains exported to Malaysia start running

Hyundai Rotem's unmanned electric trains exported to Malaysia start running

South Korea’s Hyundai Rotem has started running all of the unmanned electric trains it has exported to Malaysia.The company on Thursday said 4...

S.Korea’s jobs in February grow at slowest pace in 2 years

S.Korea’s jobs in February grow at slowest pace in 2 years

South Korea’s jobs grew at the slowest pace in two years last month partly owing to a slowdown in the country’s manufacturing sector due...

S.Korea's individual investors buy bonds this year worth $5.3 billion

S.Korea's individual investors buy bonds this year worth $5.3 billion

Individual investors in South Korea this year have made net bond purchases, or the difference between the buying and selling amounts, worth over 7 t...

Naver D2SF invests in 3D avatar-based communication startup

Naver D2SF invests in 3D avatar-based communication startup

Naver's startup-nurturing organization, D2 Startup Factory (D2SF), announced on Wednesday its investment in Goodgang Labs, a company focused on de...

Korea Ginseng Corporation opens new R&D center in California

Korea Ginseng Corporation opens new R&D center in California

Korea Ginseng Corporation (KGC), a leading producer of Korean ginseng products, said on Wednesday that it has opened a new research and development ...

Kia unveils flagship EV9 design; world premiere in March

Kia unveils flagship EV9 design; world premiere in March

Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is extending its EV lineup...

South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea said on Wednesday it will create the world’s largest semiconductor cluster near Seoul by attracting 340 trillion won ($261 billion...

South Korea says US Chips Act subsidies have too many requirements

South Korea says US Chips Act subsidies have too many requirements

SEOUL—The U.S. Chips Act is dangling billions of dollars in subsidies in front of the world’s biggest semiconductor manufactur...

Doosan Enerbility wins combined cycle power plant order in Kazakhstan

Doosan Enerbility wins combined cycle power plant order in Kazakhstan

Doosan Enerbility Co., a South Korean power plant builder, announced on Wednesday that it has signed a contract with Turkestan LLP, a subsidiary of ...

SGC Energy pursues transformation of biomass power plants in Vietnam

SGC Energy pursues transformation of biomass power plants in Vietnam

South Korea's SGC Energy Co. is pursuing a project to convert coal power plants abroad into those using biomass.The power supplier, which has secure...

LS Electric unveils innovative solutions at Korea, Japan energy exhibitions

LS Electric unveils innovative solutions at Korea, Japan energy exhibitions

LS Electric Co., Ltd., an industrial electric solutions company from South Korea, is set to showcase innovative solutions at smart energy exhibition...

Samsung SDS acquires Korea’s No. 1 procurement SCM company

Samsung SDS acquires Korea’s No. 1 procurement SCM company

Samsung SDS Co., the information technology service unit of South Korea's Samsung Group, has acquired a 33.39% stake in Emro Inc., Korea's top suppl...

S.Korea to host Asia's largest advertising festival for 1st time since 2007

S.Korea to host Asia's largest advertising festival for 1st time since 2007

Seoul in October will host Asia's largest advertising festival AdAsia. The organizers of this year's event aim to host more than just a conference a...

S.Korea's Prestige Biologics attracts $59 mn overseas investment

S.Korea's Prestige Biologics attracts $59 mn overseas investment

Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Tuesday th...

Boeing’s Korean supplier targets UAV market with guided weapons

Boeing’s Korean supplier targets UAV market with guided weapons

Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...

S.Korea's hy to export eco-friendly refrigerated carts to Cambodia

S.Korea's hy to export eco-friendly refrigerated carts to Cambodia

hy Co., a South Korean distribution company, said on Tuesday that it will export its ride-on refrigerated electric carts “Cold & Cool&rdqu...

S.Korea's mattress maker Zinus posts record domestic sales in 2022

S.Korea's mattress maker Zinus posts record domestic sales in 2022

Zinus Inc., the mattress-making affiliate of South Korea's Hyundai Department Store Group, on Monday reported record-high domestic sales last year o...

Apple Pay to launch in South Korea on March 21

Apple Pay to launch in South Korea on March 21

Apple's mobile payment service, Apple Pay, is set to launch domestically in South Korea on March 21, according to industry sources on Monday.With th...

KB Financial Group injects $385.6 million into S.Korea’s real estate PF

KB Financial Group injects $385.6 million into S.Korea’s real estate PF

South Korea’s KB Financial Group on Monday said it will provide liquidity support for the domestic market for real estate project financing (P...

S.Korea's Krafton, Naver to set up JV for metaverse services in H1

S.Korea's Krafton, Naver to set up JV for metaverse services in H1

Krafton Inc., a leading game developer in South Korea, is slated to establish a joint venture with Naver Z Corp., a metaverse unit of the country&rs...

POSCO, Korea Zinc, Vale to close Korean nickel JV

POSCO, Korea Zinc, Vale to close Korean nickel JV

POSCO Holdings Inc. and Korea Zinc Co. will close Korea Nickel Corp. set up jointly with Brazilian mining giant Vale Ltd. as the two Korean companie...

Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity

Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity

South Korea’s top tire maker Hankook Tire & Technology Co. shut down a local production complex on Sunday due to a fire, stoking concerns ...

SK Networks renames its EV charger unit to SK Electlink

SK Networks renames its EV charger unit to SK Electlink

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...

Ssangyong E&C wins contract for building ASML Korea campus

Ssangyong E&C wins contract for building ASML Korea campus

Ssangyong Engineering & Construction, a South Korean builder, said on Monday that it has secured a 200-billion-won ($170-million) contract to co...

Google, Microsoft laying off staff in S.Korea

Google, Microsoft laying off staff in S.Korea

The South Korean branches of Google and Microsoft have started efforts to cut staff in line with what analysts call large-scale restructuring of glo...

Samsung Chairman Jay Y. Lee pledges more anonymous donations

Samsung Chairman Jay Y. Lee pledges more anonymous donations

“I want to actively participate in volunteer work but it isn't easy because my face is known.”Samsung Electronics Co. Chairman Jay Y. Le...

Korea to raise young chip engineers for Samsung, SK Hynix

Korea to raise young chip engineers for Samsung, SK Hynix

South Korea plans to nurture more youths specialized in semiconductors at high schools to ease the worsening shortage of high-skilled workers at d...

Tourist arrival gap between S.Korea, Japan widens sharply

Tourist arrival gap between S.Korea, Japan widens sharply

Since Japan resumed visa-free travel for South Koreans in October last year, South Koreans have been flocking to the neighboring country.But the num...

Korean convention sector enjoys increase in events post-pandemic

Korean convention sector enjoys increase in events post-pandemic

Coex Convention & Exhibition Center, the largest event complex in Seoul, was crowded on Friday for a smart factory and plant automation fair.&ld...

S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge