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Jay Park's Won Soju ready to land in United States

Jay Park's Won Soju ready to land in United States

"Won Soju" launched by a South Korean rapper Jay Park will be exported to the United States. Liquor company Won Spirits said on Thursday that it has...

Taihan Cable to build ultra-high voltage power grids in Germany

Taihan Cable to build ultra-high voltage power grids in Germany

South Korea's Taihan Cable & Solution Co. on Thursday said it won two orders to build high-voltage power grids in Germany.The deals are with Ten...

Kim&Chang sets to enter Indonesia's legal market

Kim&Chang sets to enter Indonesia's legal market

Kim & Chang, South Korea's leading law firm, is poised to expand into Indonesia, joining the race among major legal firms seeking a foothold in ...

Korea Customs Service to advance Tanzania's e-customs clearance system

Korea Customs Service to advance Tanzania's e-customs clearance system

The Korea Customs Service said on Wednesday that it has signed a memorandum of understanding (MOU) with the Tanzania Revenue Authority for cooperati...

Korean Air reports strongest performance ever in 2022

Korean Air reports strongest performance ever in 2022

Korean Air Lines Co. had its strongest performance ever in 2022, as it successfully cashed in on a thriving cargo business and a full recovery in pa...

Lunit launches AI-based pathology analysis solution with US firm

Lunit launches AI-based pathology analysis solution with US firm

South Korea's medical imaging startup Lunit said on Wednesday that it has launched Guardant360 TissueNext, an AI-based pathology analysis solution d...

Korea's InCerebro to leverage AI to identify drug candidates

Korea's InCerebro to leverage AI to identify drug candidates

South Korean AI-based drug developer InCerebro aims to identify potential drug candidates using molecular modeling technology, according to its CEO ...

Korean Air launches development of Korean regional GPS system

Korean Air launches development of Korean regional GPS system

South Korea's national flag carrier Korean Air Lines Co. on Tuesday announced the start of its development of the Korean Positioning System (KPS), a...

Kakao Mobility enters Laos under biz strategy for Southeast Asia

Kakao Mobility enters Laos under biz strategy for Southeast Asia

South Korea's Kakao Mobility has entered Laos under a plan to use the country as a base for the transportation company's operations in Southeast Asi...

LG Elec eyes profit from EV powertrain, car lighting biz

LG Elec eyes profit from EV powertrain, car lighting biz

LG Electronics Inc., the world’s leading home appliance maker, aims to take profit from the electric vehicle powertrain and car lighting units...

Foreigners net sell S.Korean bonds for first time in four years

Foreigners net sell S.Korean bonds for first time in four years

Foreign investors dumped South Korean bonds in Janaury, becoming net sellers of the securities for the first time in four years as they booked pro...

One in 5 South Koreans claims Starbucks Rewards stars

One in 5 South Koreans claims Starbucks Rewards stars

Starbucks Korea saw members of its rewards program surpass 10 million this month, meaning that one in every five South Koreans is a registered membe...

Ybrain, Chong Kun Dang join forces for digital medicine distribution

Ybrain, Chong Kun Dang join forces for digital medicine distribution

South Korean electroceutical platform company Ybrain Inc. said on Tuesday it has entered into a joint promotion agreement with Chong Kun Dang Pharma...

Samsung to showcase customized home appliances at KBIS 2023

Samsung to showcase customized home appliances at KBIS 2023

Samsung Electronics Co. will showcase its home appliance lineup that focuses on sustainability and personalized design at the 2023 Kitchen & Bat...

Hanwha kickstarts localization of 1,000-hp gas turbine engine components

Hanwha kickstarts localization of 1,000-hp gas turbine engine components

A project to lengthen the lifecycle of 1,000-horsepower gas turbine engine core components and materials, which is led by Hanwha Aerospace Co. locat...

Hyundai Mobis bags record $4.6 bn orders from global carmakers

Hyundai Mobis bags record $4.6 bn orders from global carmakers

South Korea's Hyundai Mobis, a key affiliate of Hyundai Motor Group, last year enjoyed its best year in orders received from abroad.The company on T...

Una Stella secures $4.4 mn pre-Series A funding

Una Stella secures $4.4 mn pre-Series A funding

South Korean start-up Una Stella announced on Monday that it has secured 5.5 billion won ($4.4 million) in pre-Series A funding, led by Strong Ventu...

T'way Air completes IOSA recertification process

T'way Air completes IOSA recertification process

South Korea's low-cost carrier T'way Air Co. said on Monday that it has completed the IATA Operational Safety Audit (IOSA) recertification from the ...

POSCO Chem, Samsung SDI ink $33 bn EV battery material deal

POSCO Chem, Samsung SDI ink $33 bn EV battery material deal

POSCO Chemical Co., a battery material unit of South Korea’s steel giant POSCO Holdings Inc., and Samsung SDI Co., the world’s No. 6 ele...

GM Korea to launch Trax, Cadillac EV; likely turn to profit this year

GM Korea to launch Trax, Cadillac EV; likely turn to profit this year

GM Korea Co. expects to turn to profit this year after years of losses as the South Korean subsidiary of the US auto giant plans to bring six new an...

JW Pharma to put AI into new drug ingredient development

JW Pharma to put AI into new drug ingredient development

South Korea's drug developer JW Pharmaceutical is expanding the scope of its artificial intelligence (AI) uses from new drug research to the develop...

AI tech of Samsung Research recognized via machine translation award

AI tech of Samsung Research recognized via machine translation award

Samsung Research, the research and development (R&D) hub of Samsung Electronics Co., has proven its excellence in artificial intelligence-based ...

Samsung hires two ex-Ericsson executives to lead network business

Samsung hires two ex-Ericsson executives to lead network business

South Korea’s tech giant Samsung Electronics Co. has hired two former executives of Swedish telecom equipment maker Ericsson to boost its ne...

Foreign airlines fill hole left by Korean carriers

Foreign airlines fill hole left by Korean carriers

Foreign carriers such as Delta Air Lines and Vietnam’s VietJet Air are rapidly increasing flights to and from South Korea, filling the hole le...

Hyundai Dept. Store introduces AI chatbot service Jellppo

Hyundai Dept. Store introduces AI chatbot service Jellppo

Hyundai Department Store Co. said on Sunday that it would introduce the artificial intelligence (AI) chatbot "Jellppo." Jellppo is an AI-based one-o...

Korean refiners lift runs to 3-year high on record exports

Korean refiners lift runs to 3-year high on record exports

Refiners in South Korea raised their operating rates to a three-year high in 2022 as petroleum product exports hit a record high in value.Refinery r...

Samsung Biologics’ profit near doubles on strong orders

Samsung Biologics’ profit near doubles on strong orders

Samsung Biologics Co., the world’s top contract drugmaker, said its profit almost doubled last year thanks to more orders as its sales surged ...

LG Energy to raise capex by 50% in bet on strong EV growth

LG Energy to raise capex by 50% in bet on strong EV growth

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...

A-Team Ventures succeeds in attracting $4.1 mn investment from LX

A-Team Ventures succeeds in attracting $4.1 mn investment from LX

A-Team Ventures, which runs an online manufacturing platform "Capa," said on Friday that it has raised a Series B funding of 5 billion won ($4.1 mil...

KT&G refuses activist funds' call for ginseng biz spinoff

KT&G refuses activist funds' call for ginseng biz spinoff

KT&G Corp., the world’s fifth-largest tobacco maker, on Thursday refused activist funds' requests to spin off and list its ginseng unit wh...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

Korean AI evaluation

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