Samsung Heavy, Pan Ocean to co-develop digital solutions
South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's...
Hyundai eyes Saudi EV plant as Korea bets on Middle East boom
Hyundai Motor Co. is set to build an electric vehicle assembly plant in Saudi Arabia as South Korean companies are increasingly tapping growth oppor...
Samsung Biologics wins $242 mn order from Bristol Myers Squibb
Samsung Biologics Co., the world’s largest contract drugmaker, said on Monday it has signed an agreement to produce $242 million worth of anti...
Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments
Ant Group Co., the operator of China’s biggest mobile payment platform Alipay, has become the second-largest stakeholder of Toss Payments, the...
Netflix, S.Korea’s SK Broadband to settle longstanding legal dispute
Netflix Inc., the world’s top streaming service, and SK Broadband Co., South Korea’s No. 2 internet service provider, said on Monday tha...
Netmarble eyes surplus in H2 with success of new games
South Korean game developer Netmarble Corp. is eyeing profits in the second half as its latest games gain in popularity, after posting deficits for ...
Ready for an AI pastor? Not too distant future in South Korea
Some Christians in South Korea are actively embracing the hottest technology of ChatGPT in their spiritual life, sparking controversy over the role ...
HBM chips key theme for Samsung Nov investors forum
Samsung Electronics Co. will hold an investors forum in Hong Kong in November, where it is expected to share details about the development of high b...
Daewoong to develop eye drops for diabetic retinopathy
South Korea's Daewoong Pharmaceutical is venturing into the development of a product that can easily treat diabetic retinopathy in the form of ...
HMM embarks on biofuel ship pilot testing on global route
South Korea has begun a pilot operation of a biofuel-powered container ship on a global route, the government said on Friday. HMM Co.'s container sh...
SK Chairman Chey vows to turn Ulsan into green energy, AI hub
Chey Tae-won, chairman of South Korea’s second-largest conglomerate SK Group, has vowed to turn the industrial city of Ulsan, where SK’s...
Samsung releases The Wall for virtual production in Europe
Samsung Electronics Co. announced on Friday that it unveiled "The Wall for Virtual Production" at IBC 2023, the world's largest trade fair for elect...
Moderna signs mRNA access deals with S.Korea's universities
The US biotech and pharmaceutical company Moderna on Friday announced signings of contracts with the academic-industry cooperation foundations of Ko...
Korea's STX denies rumors it is backed by Chinese fund
South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, refuting false reports swirling in the m...
Krafton, Naver eye Overdare as S.Korea's answer to Roblox
South Korea's game company Krafton Inc. and Naver Z, a metaverse unit of the country’s portal giant Naver Corp. on Thursday said they will u...
LG Chem, Eni eye JV to build biofuel plant in Korea
South Korea’s LG Chem Ltd. and Italy's energy giant Eni Sustainable Mobility (SM) have tentatively agreed to build a hydrotreated vegetable oi...
Samsung releases Galaxy Watch6 Classic PXG edition
Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...
Samsung C&T sells 3GW solar energy project in US to local firm
Samsung C&T Renewables, the renewable energy corporation of South Korea's Samsung C&T Corp. in the US, announced on Thursday that it has s...
Samsung to launch 83-inch OLED TVs equipped with LG panels in Europe
South Korea’s Samsung Electronics Co. is set to bring its 83-inch 4K OLED TV model, with panels supplied by its crosstown rival LG Display Co....
S.Korea's golf industry market exceeds $15 bn in value: report
The value of South Korea's golf industry market last year exceeded 20 trillion won ($15 billion).A report by the Daejeon-based Yuwon Golf Foundation...
S.Korea to extend $6 bn in financing for African projects
BUSAN – South Korea will offer $6 billion in cheap loans and funds to domestic companies between 2024 and 2025 to finance their construction a...
POSCO, Hyundai unveil hydrogen value chains at H2 MEET 2023
Hydrogen-fueled cars, drones and energy systems were unveiled on Wednesday during South Korea’s largest hydrogen industry exhibition H2 MEET, ...
Want to buy an iPhone 15 in South Korea? Pay more
During the unveiling of the much-anticipated iPhone 15 series on Tuesday, Apple Inc. said its newest product line is in same price range as its prev...
Stamps of K-Street food to be issued on Sept. 21
South Korea's state-run postal service agency Korea Post announced on Wednesday that it will issue 1.28 million commemorative stamps featuring two o...
Samsung Electronics on track to achieve carbon neutrality by 2050
Come Friday, Samsung Electronics Co., the world’s largest memory chipmaker, will mark its first anniversary of publicly announcing its enterpr...
Korea’s fertility startups gain traction with advanced technologies
South Korea’s fertility startups are garnering attention from investors with innovative technologies such as self-testing of ovarian health, s...
Samsung hikes memory chip prices on depleting client inventories
There are signs of a memory chip market recovery, particularly in the mobile DRAM chip segment, although demand for personal computer chips remains ...
Seoul eyed as possible 2nd Asian base of Gagosian empire
Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...
Korea’s heavy dependence on China for raw materials deepens
While the urea crisis in 2021 laid bare South Korea’s heavy dependence on China for basic raw materials, concerns are growing that Korea&rsquo...
Canada's coffee brand Tim Hortons to open store in Gangnam
Canada's No. 1 coffee chain Tim Hortons revealed plans on Tuesday to establish its first South Korean flagship store at the bustling intersection of...
