POSCO Int'l, CIP tie up for Korean offshore wind project

POSCO Int'l, CIP tie up for Korean offshore wind project

POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has joined hands with C...

Korea’s KHNP wins project for tritium removal plant in Romania

Korea’s KHNP wins project for tritium removal plant in Romania

State-backed Korea Hydro & Nuclear Power Co. (KHNP) has won a €200 million order to build a tritium removal facility (TRF) at a nuclear pow...

S.Korean gov't unveils new K-tourism video ads

S.Korean gov't unveils new K-tourism video ads

The South Korean Ministry of Culture, Sports, and Tourism, along with the Korea Tourism Organization, announced on Tuesday that they have launched t...

Hyundai Mobis overtakes Japan's Aisin on global auto parts market

Hyundai Mobis overtakes Japan's Aisin on global auto parts market

South Korea's Hyundai Mobis has surpassed Japan's Aisin, its biggest competitor in auto parts excluding batteries, to break into the top five on the...

S.Korea's Naver Webtoon to expand IP-based operations

S.Korea's Naver Webtoon to expand IP-based operations

South Korea's Naver Webtoon is selling its online intellectual property (IP)-based webtoon products on the offline market to expand its webtoon IP o...

Samsung, 4 Korean banks to foster financial software engineers

Samsung, 4 Korean banks to foster financial software engineers

Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help suppor...

Amorepacific to strengthen partnership with A.S. Watson

Amorepacific to strengthen partnership with A.S. Watson

South Korean beauty and cosmetics giant Amorepacific Group announced on Tuesday that it has signed a memorandum of understanding with A.S. Watson ...

South Korea’s next price cut target to ease inflation; flour prices

South Korea’s next price cut target to ease inflation; flour prices

South Korea urged domestic millers to cut flour prices after demanding a similar move to instant noodle makers to further ease inflationary pressure...

Samsung accelerates foray into fastest AI chip market

Samsung accelerates foray into fastest AI chip market

South Korea’s Samsung Electronics Co. is speeding up its efforts to penetrate deeper into the high bandwidth memory 3 (HBM3) market, an area i...

Heyday over for Amorepacific, LG Household in China’s beauty market

Heyday over for Amorepacific, LG Household in China’s beauty market

Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...

S.Korea breaks into World Bank's global logistics top 20 list for 1st time

S.Korea breaks into World Bank's global logistics top 20 list for 1st time

South Korea’s logistics performance has ranked 17th in the world, marking its first entry into the top 20 nations, as assessed by the World Ba...

Cheil Worldwide wins Grand Prix at Cannes Lions 2023

Cheil Worldwide wins Grand Prix at Cannes Lions 2023

South Korea's leading ad agency and marketing company Cheil Worldwide clinched nine awards, including the coveted Grand Prix, at the esteemed Cannes...

Vestas to relocate Asia-Pacific HQ to Seoul in September

Vestas to relocate Asia-Pacific HQ to Seoul in September

Denmark-based Vestas, the world's top wind turbine manufacturer, is set to move its Asia-Pacific regional headquarters from Singapore to South Korea...

HD Hyundai Infracore targets eco-friendly equipment market

HD Hyundai Infracore targets eco-friendly equipment market

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, is set to make inroads into the eco-friendly sector...

LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds

LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds

LG Chem Ltd. has begun mass production of high-nickel cathode materials made with a single crystal structure for the first time in South Korea, whic...

Hyundai Motor to take 1st crack at Korea’s used car market

Hyundai Motor to take 1st crack at Korea’s used car market

South Korea’s top automaker Hyundai Motor Co. is entering the country’s used car market, whose entry by big companies has long been deni...

How North Korea’s Hacker Army Stole $3 Billion in Crypto, Funding Nuclear Program

How North Korea’s Hacker Army Stole $3 Billion in Crypto, Funding Nuclear Program

Last year an engineer working for the blockchain gaming company Sky Mavis thought he was on the cusp of a new job that would pay more money.A recrui...

Genesis GV70 EV tops German magazine comparison

Genesis GV70 EV tops German magazine comparison

The Electrified GV70, an electric SUV from Hyundai Motor Group's luxury brand Genesis, has won the top spot in a comparison test run by Germany's ...

Samsung, LG fuel rivalry in global hospitality TV market

Samsung, LG fuel rivalry in global hospitality TV market

Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...

KAI joins hands with VTX to enter Vietnam's helicopter market

KAI joins hands with VTX to enter Vietnam's helicopter market

Korea Aerospace Industries Co. (KAI) on Friday signed a preliminary agreement with Vietnam’s Viettel Aerospace Institute (VTX) to cooperate in...

Samsung, LG, Sony vie for mixed-reality OLED display market

Samsung, LG, Sony vie for mixed-reality OLED display market

Samsung Display Co., LG Display Co. and Sony Corp. — the world’s three leading display panel makers — are ratcheting up efforts to...

AI talent shortage poses threat to Korean AI tech development

AI talent shortage poses threat to Korean AI tech development

Since the advent of the AI-powered chatbot sensation ChatGPT, the battle to win AI talent across companies large and small has intensified, threaten...

Yen’s plunge spurs bargain-hunting in Korea; savings fastest in 6 years

Yen’s plunge spurs bargain-hunting in Korea; savings fastest in 6 years

The sliding yen is prompting South Koreans to go bargain-hunting for the Japanese currency in the wobbly financial market as yen-denominated deposit...

S.Korea's Samyang Foods promotes Buldak Ramen in Hanoi

S.Korea's Samyang Foods promotes Buldak Ramen in Hanoi

Samyang Foods Co., South Korea's leading food manufacturer, announced on Friday that it opened a promotional booth at the "K-Food Festival" held at ...

Revuelto, Lamborghini's first PHEV, launched in S.Korean market

Revuelto, Lamborghini's first PHEV, launched in S.Korean market

Italian supercar brand Automobili Lamborghini unveiled its first-ever plug-in hybrid (PHEV) super sports car, the "Revuelto," in South Korea on Frid...

S.Korea expands cooperation with Vietnam in intellectual property rights

S.Korea expands cooperation with Vietnam in intellectual property rights

The Korean Intellectual Property Office (KIPO) on Thursday said it signed a memorandum of understanding with the Intellectual Property Office of Vie...

S.Korea's military aircraft exports to NATO get major boost

S.Korea's military aircraft exports to NATO get major boost

South Korea has concluded a deal with the North Atlantic Treaty Organization (NATO) on mutual recognition of certification of military aircraft airw...

US burger chain Five Guys to launch in South Korea on June 26

US burger chain Five Guys to launch in South Korea on June 26

The American burger chain Five Guys, which has attracted keen interest in South Korea for its service and prices even before its entry into the coun...

Blind recognized as one of Time100 Most Influential Companies 2023

Blind recognized as one of Time100 Most Influential Companies 2023

Blind, the renowned online forum for verified but anonymous professionals, has been included on the esteemed Time100 Most Influential Companies list...

L&F to jump-start anode business with Mitsubishi Chemical

L&F to jump-start anode business with Mitsubishi Chemical

L&F Co., a major cathode supplier in South Korea, has embarked on a grand plan to take its battery materials business to new heights with the ad...

S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn shares   Seoul vows zero-tolerance measures against unfair stock trading K-style strikes back to win over China’s Gen Z with Musinsa at helm