LG Uplus enters Korea’s EV charging service market with VoltUp app

LG Uplus Corp., a South Korean mobile carrier, is entering the domestic electric vehicle charging service market by launching a service platform, Vo...

KAI to develop drone for reconnaissance, attack

Korea Aerospace Industries Ltd. (KAI) on Wednesday said it is developing a small multi-purpose drone with reconnaissance and attack functions like t...

KTNET shows off logistics platform for tracking cargo, documents

The Korea Trade Network (KTNET) held a grand opening event for its uTH 2.0, a digital trade logistics platform, in partnership with the Korea Intern...

Vietnam emerges as South Korea's No. 3 trading partner

Vietnam will finish this year as South Korea's No. 3 trading partner and the country with which the latter has the largest trade surplus, a study ha...

SK Broadband develops eco-friendly rechargable remote control

South Korea's internet service provider SK Broadband has developed a new B tv remote control that can be recharged with significantly reduced chargi...

Hanwha E&C, Panasia sign joint hydrogen production agreement

The construction division of Hanwha Corp. said on Wednesday that it has signed an agreement to produce hydrogen based on biogas with Panasia, an eco...

Samsung Chairman Jay Y. Lee flies to Vietnam for global business

Samsung Electronics Co. Chairman Jay Y. Lee embarked on a business trip to Vietnam on Wednesday to attend an opening ceremony for a research and dev...

Naver D2SF makes investment in US sleep tech company PranaQ

Naver Corp.'s startup nurturing organization D2SF has newly invested in PranaQ, a US sleep tech startup. This is the 100th investment since the comp...

Hyundai Heavy develops new chemical-resistant paint for PC carriers

Hyundai Heavy Industries Group said Wednesday that it has developed a paint product for petrochemical product (PC) carriers with significantly impro...

S.Korea's Lithium Plus succeeds in mass-producing lithium hydroxide

Lithium Plus, the S.Korean lithium materials company, said on Wednesday that it has succeeded in mass-producing battery-grade ultra-high-purity lith...

ToolGen, ANLBIO to jointly develop progeria treatments

South Korea's two biotech startups ToolGen Incorporated and ANLBIO on Tuesday signed a joint research and development agreement for developing proge...

Korea to allow investors to sell stocks at pre-split-off values

South Korea is set to allow individual shareholders to sell their stocks at prices before a split-off if they oppose a company’s separation pl...

SK E&S builds world's largest production base for blue hydrogen

South Korea's SK E&S has accelerated a blue hydrogen project in Boryeong, South Chungcheong Province, in what will be the world's largest comple...

GS E&C inks deal with AirFirst on industrial gas tech development

GS Engineering & Construction Co. said on Tuesday that it has signed an agreement with AirFirst to work together in the areas of industrial gas ...

Hyundai becomes younger with 1 in 3 new executives in their 40s

South Korea’s Hyundai Motor Group, which owns Hyundai Motor Co. and Kia Corp., has carried out a year-end mid-tier executive reshuffle marked ...

Mirae Asset introduces AI investment info service

Mirae Asset Securities Co. said on Tuesday it had introduced two domestic stock artificial intelligence (AI) reporting services through its mobile t...

Korean gaming giants racing for metaverse win

Have you ever wondered what the metaverse really is? So far, the consensus is that it's a virtual world that can accommodate pretty much every socia...

Korean LG CNS to expand digital marketing biz with DX tech

South Korea’s LG CNS Co., the information technology service arm of LG Group, is geared up to expand the digital marketing business for growth...

Korean kids' future career choices are athletes, teachers, YouTubers

A survey revealed that the number of middle and high school students who opted for computer engineers and software developers as their future career...

HLB Therapeutics signs contract for COVID vaccine distribution rights

South Korea's pharmaceutical firm HLB Therapeutics Co. said on Monday that it has signed an agreement with the Korea Disease Control and Prevention ...

Korea’s Poongsan earnings to improve on copper rebound

Poongsan Corp., South Korea’s top copper processing company, is expected to benefit as China’s exit from the zero-COVID policy bolstered...

S.Korea's CMG Pharmaceutical opens animal medicine unit

CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, on Monday announced the launch of an animal medicine unit and entry into the market f...

LG Energy to spend $3.1 bn on 4680 battery plant in S.Korea

LG Energy Solution Ltd., the world’s No. 2 electric vehicle (EV) battery maker, is poised to spend $3.1 billion on facilities in South Korea t...

Syntekabio launches new drug development platform STB Cloud in US

Syntekabio,Inc., a South Korean artificial intelligence (AI) drug development company, said on Monday it has launched its cloud-based AI drug develo...

Hyundai Motor to supply 3,000 vehicles to Libya's disabled

Hyundai Motor Co. said on Sunday that it had signed an agreement to supply vehicles to Libya's disabled through the Social Solidarity Fund, an agenc...

SK PUCore's polyurethane insulator improves fire retardancy

SK PUCore, SKC's polyurethane subsidiary, was officially recognized for the fire retardancy of its polyurethane insulation material.The company said...

Hyundai Motor transforms buses into mobile office spaces

South Korea's automaking giant Hyundai Motor Co. said on Monday it had launched the country's first mass-produced mobile office bus: the "Universe M...

Air Busan to resume Busan-Vientiane flights after 3-year hiatus

Air Busan Co. recently expanded the number of flights on its Japan routes and continues to resume flights on its Southeast Asian routes. It will now...

S.Korea's LS Mtron opens center to reinforce global logistics

LS Mtron, the heavy machinery and advanced parts-making unit of South Korea's LS Group, on Monday said it completed the LS Mtron Parts and Solution ...

Technocrats dominate major Korean companies’ leadership

Technocrats dominated the management of South Korea’s top 10 business groups, as technical specialists with deep understanding of business too...