LG Elec takes on Lenovo, Asus in foldable laptop race

LG Electronics Inc. will join the race to lead the emerging foldable laptop market, currently led by foreign notebook majors Lenovo Ltd. and ASUSTeK...

S.Korea’s SK Earthon starts oil production in South China

SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., began crude production at an oil f...

US OKs Chinese-made solar modules using materials of S.Korea's OCI

The US has approved the import of Chinese-made solar panels using polysilicon from South Korea's green and energy company OCI Holdings Co.Pundits sa...

Korea logs surplus in IP trade in H1 on surge of culture, art

South Korea posted a surplus in its intellectual property (IP) rights trade in the first half of this year, thanks to profits on culture, art and so...

KT provides digital document storage for Shinhan Bank

South Korea's KT Corp announced on Friday the launch of a new digital document storage service at Shinhan Bank, linking with a public electronic doc...

Samsung Welstory to develop corporate healthcare menu

South Korean food and beverage (F&B) company Samsung Welstory has teamed up with Kangbuk Samsung Hospital to develop business-to-business (B2B) ...

JW Pharma to conduct Phase 3 trials in Thailand for gout treatment

South Korea's JW Pharmaceutical Corp. on Thursday said it received approval from Thailand's Food and Drug Administration to conduct Phase 3 clinical...

Ex-CEOs return to firms in Korea for operational stability

Former chief executives of South Korean firms are being recruited by their previous employers as the companies need the seasoned experience of these...

Samsung may use Qualcomm’s new AP for next Galaxy top model

Samsung Electronics Co., the world’s top smartphone maker, may use Qualcomm Inc.’s new application processor (AP) for the top-end model ...

Seoul envisions its own Hudson Yards in the city's east end

Seoul, the capital of South Korea for more than six centuries since the Joseon dynasty, is poised to revamp its city planning for the next century w...

S.Korea to change rocket launch permit system to licensing model

South Korea will change its system for sending projectiles into space to a licensing model covering one to five years instead of requiring approva...

B2B, home appliance giant LG's new money spinner

A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their purse strings on growin...

Lotte Mall West Lake Hanoi: Litte Korea transplanted in Vietnam

HANOI – On a late summer day in Vo Chi Cong, Tay Ho district, a colossal commercial complex was packed with people wanting to savor all things...

Samsung SDI gets top int'l grade for zero-waste landfills

South Korea’s Samsung SDI Co. on Wednesday said all of its domestic business sites received the highest grade of Platinum in the Zero Waste to...

Samsung Heavy develops laser high-speed welding robot for LNG vessels

South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...

Broadcom fined $14.3 mn in Korea over Samsung contract

Broadcom Inc. a US smartphone components maker, was slapped with a fine of 19.1 billion won ($14.3 million) in South Korea on Thursday for allegedly...

Samsung tops US customer satisfaction in PC sector

Samsung Electronics Co. has been rated as the most satisfactory PC brand among US consumers, according to a survey by the American Customer Satisfac...

Japanese steelmakers flood South Korea on back of weaker yen

Japanese steelmakers are expanding their market shares in South Korea, backed by the yen's drop against the Korean won to the lowest in eight years....

KEPCO's new CEO heralds electricity rate hikes, drastic reforms

South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...

Samsung, UMich to research on Galaxy Watch’s fitness feature

Samsung Electronics Co. announced on Wednesday that it is conducting research in collaboration with the University of Michigan to enhance fitness fe...

S.Korea's Cosmax wins halal award in Indonesia

Cosmax Inc., a South Korean original development manufacturer (ODM) of global cosmetics that also does research and development in the field, has wo...

LG Electronics boosts 'Life's Good' campaign in Tennessee

South Korea's electronics giant LG Electronics Inc. has commenced various community support initiatives in Tennessee, one of its key production hubs...

Korea’s Lotte Shopping aims to double profit, seek new biz

Lotte Shopping Co., South Korea’s retail giant, aims to double its profit in three years by expanding its Southeast Asian operations and cemen...

Dongwon founder vows to acquire Korea’s top container line HMM

Dongwon Group, South Korea’s leading seafood and logistics conglomerate, has vowed to acquire HMM Co., the country’s top container ship ...

Samsung Galaxy to help locate lost credit cards

Samsung Electronics Co. signed a business agreement with KB Kookmin Card and American Express on Tuesday for the launch of an Internet-of-Things (Io...

US court rules in favor of Korea's nuclear reactor exports

A US district court on Monday dismissed Westinghouse Electric Corp.’s lawsuit against South Korean state-run companies to block their nuclear ...

Samsung to launch Galaxy S23 FE as early as October

Samsung Electronics Co. is slated to release the Galaxy S23 Fan Edition (FE), a cheaper model than those in the high-end Galaxy S23 series, as early...

K-food behind Japanese travelers' rush to S.Korea

South Korea is actively promoting itself as a foodies’ heaven to invite more Japanese tourists who have already contributed the most to the co...

Samsung’s canine love rewarded as its guide dog school turns 30

Back in the 1990s, South Korea was internationally denounced as a country where people eat dog meat.People hardly recognized nor paid attention to t...

Koreans’ US dollar selling spree continues in anticipation of weaker USD

US dollar investors in South Korea have not backed down from their shorting position of the currency despite the strengthening dollar against the Ko...