India, LG’s land of promise with young, rich population

NOIDA, India -- LG Electronics Inc., the leading global home appliance maker, plans to build a new electronics plant in India to cement its dominant...

Korea's National Geographic Apparel steps up push into China

South Korean fashion company The Nature Holdings Co. is set to expand the presence of its outdoor clothing brand National Geographic Apparel in Chin...

Korean startups join hands amid dwindling funding, acceleration support

Collaboration is becoming active among peer startups in South Korea to create synergy between different technologies and accelerate an early stage s...

Over 130 Chinese travel industry officials visit S.Korea

Since the Chinese government allowed its citizens to participate in group tours to South Korea last month, Chinese travel industry representatives h...

Disney Plus movin’ on up in Korea with hit K-drama series 'Moving'

Disney Plus, a global over-the-top (OTT) streaming service provider, is rapidly enhancing its presence in South Korea, with its latest original seri...

KAI participates in Poland's defense exhibition

Korea Aerospace Industries Ltd. (KAI) announced on Wednesday that it is participating in the MSPO International Defence Industry Exhibition in Kielc...

S.Korea's Boryung gets gov’t OK for diabetes drug Trubuddy

South Korea’s Boryung Corp. on Tuesday said it received approval from the Ministry of Food and Drug Safety for its new compound diabetes drug ...

Samsung narrows gap with TSMC in foundry market share

South Korea’s Samsung Electronics Co. has narrowed its market share gap with foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), pos...

China, beneficiary of Korea’s surging EV cell material exports

South Korea’s exports of cathodes for secondary batteries are surging with the booming electric vehicle industry, but the country’s trad...

10 mn-subscriber YouTuber Mark Wiens to showcase K-food

Renowned food influencer Mark Wiens is set to showcase the allure of gastronomic journeys in South Korea. According to the Korea Tourism Organizatio...

SK Enmove CEO sees future of lubricants in electric cars

South Korea’s lubricating oil maker SK Enmove Co. is setting its sights on electric vehicle lubricants and liquid coolants for thermal managem...

Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high

Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...

Naver raises S.Korean market lead thanks to LLM HyperCLOVA X

South Korea’s leading web portal Naver Corp. has raised its domestic market share, which plummeted to the mid-50% range in May, thanks to Hype...

S.Korea's airline industry waging fierce price war in fall

South Korea's airline sector is meeting high travel demand during the extended Chuseok (Thanksgiving) holidays late this month by aggressively offer...

Korea’s inflation rebounds in August on extreme weather

South Korea’s headline inflation re-accelerated at the fastest rate in four months above 3% in August after the extreme summer weather hiked a...

North Korea’s Kim Jong Un Expected to Meet Putin in Russia

WASHINGTON—North Korean leader Kim Jong Un is expected to travel to Russia soon to meet with President Vladimir Putin, U.S. officials said Mon...

S.Korea woos Chinese visitors via temporary e-visa fee exemption

South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...

Korea ranks 3rd on global dominant product list to tie Japan

TOKYO -- South Korea has ranked third among countries having the world’s most dominant products. In six categories, including smartphones, mem...

LG Magna to build plant in Hungary for European EV market

MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., ha...

Netmarble, Hana Financial team up for metaverse service

South Korean game company Netmarble Corp. announced on Monday that it will partner with Hana Financial Group to develop new financial experiences an...

S.Korea's Posco International secures graphite in Africa

South Korea's POSCO International Corp. is broadening its footprint in Africa's secondary battery raw material sector, with plans to secure an annua...

SK Hynix, Samsung's fight for HBM lead set to escalate on AI boom

Long-time runner-up SK Hynix Inc. significantly narrowed the market share gap with global memory leader Samsung Electronics Co. to 6.3 percentage po...

AI webtoon generator Realdraw earns most votes at D.Day

Realdraw, a South Korean developer of artificial intelligence image generation technology, won the country’s oldest startup pitch race D.Day l...

L'Oréal keeps door open for more K-beauty acquisitions

L'Oréal S.A., the leading global cosmetics maker, is considering more acquisitions and partnerships in the beauty sector of South Korea, the ...

Korea emerges as growth market, design hub for global brands

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

Home & Shopping, Teleken signs business agreement

South Korea's TV and online shopping operator Home & Shopping Co. announced on Friday that it has signed a business agreement with the Japanese ...

Korea’s exports down for 11th month in August but at slower pace

South Korea’s exports shrank last month for 11 consecutive months but signs of a recovery in demand for the country’s mainstay export it...

Duty-free shops in Jeju welcome return of Chinese cruise tourism

For the first time since Beijing lifted restrictions on group tourism to South Korea, Chinese cruise tourists have flocked to Jeju Island's duty-fre...

Hyundai Engineering to produce offshore wind power on Chuja Islands

South Korea’s Hyundai Engineering on Thursday said it signed the day before a memorandum of understanding with Equinor Korea, LG Chem Ltd., PO...

NewJeans selected as global ambassador for Pepero

Lotte Wellfood announced on Friday that it has appointed K-pop girl group NewJeans as the global ambassador for its iconic snack brand, Pepero. Know...