Hyundai Transys bolsters ESG fair trade compliance program
Hyundai Transys, an auto parts unit of Hyundai Motor Group, announced on Wednesday that it is enhancing its voluntary fair trade compliance program ...
Hyundai Steel co-hosts symposium on low-carbon construction materials
Hyundai Steel has joined hands with the construction industry to increase the recycling of steel byproducts.On Tuesday, the steel maker organized a ...
10 villages featuring traditional Korean architecture to be built in Seoul
The Seoul Metropolitan Government is pursuing a "fusion Hanok" project of building 10 Hanok (traditional Korean architecture) villages in the capita...
Plain sailing for LS with record earnings under Chairman Koo’s leadership
LS Group’s plan to groom new growth engines from batteries to electric vehicles and semiconductors is set to gain impetus after South Korea&rs...
Korean Chips Act revision hits roadblock as opposition lawmakers balk
The proposed revision to South Korea’s answer to the US CHIPS and Science Act has hit a roadblock as the main opposition party, which controls...
Cizion, Parameta form strategic partnership for data protocol
Cizion, a South Korean data-specialized startup, announced on Tuesday that it has entered into a strategic partnership with Parameta, a domestic IT ...
EOFlow's insulin injection pump starts to be sold in UAE
South Korea's medical device maker EOFlow Co. started selling the wearable insulin pump EOPatch in the United Arab Emirates.The company said on Tues...
S.Korean shipbuilders rule world’s eco-friendly vessel market
South Korea’s shipbuilders have won more than half of the orders to build eco-friendly vessels so this year based on advanced technology to do...
POSCO ties up with Aussie firm on US EV cell mineral project
South Korea’s POSCO Group has joined hands with an Australian company to work on an electric vehicle battery material project in the US as it ...
Bespin Global, STEG partner to develop cloud management platform
South Korea's two IT firms, Bespin Global and STEG, have teamed up to jointly develop a cloud operation management platform. Bespin Global said on T...
LG Energy Solution tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. for the second straight year was No. 1 on the global market for electric vehicle (EV) batteries excluding Chin...
Hanjin converts Indonesian representative office to corporation
Hanjin Transportation said Tuesday that it had converted its representative office in Jakarta, Indonesia, into a corporation last month to strengthe...
For the Korean 'Crazyones' who dream to beat Steve Jobs, Elon Musk
Many young entrepreneurs around the world dream to become the next Steve Jobs or Elon Musk -- industry legends who dramatically changed our daily li...
Hyundai Capital wins IAAI Award for pioneering AI application
Hyundai Capital, the financial services arm of the Hyundai Motor Group, was honored with the Innovative Applications of Artificial Intelligence Awar...
S.Korean grocery delivery platform Oasis drops IPO on weak demand
Oasis Corp., a South Korean grocery delivery platform, decided to withdraw its local initial public offering plan on Feb. 13 amid tepid interest fro...
Samsung, SK Hynix: key beneficiaries of ChatGPT fever
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, stand to benefit from the global popularity of ChatGPT. ...
Korean builders to ramp up overseas business in 2023
Major South Korean construction firms are set to expand their overseas business while reducing domestic projects this year to boost profitability. T...
Zigbang signs agreement with Saudi's National Housing Company
On Monday, South Korean proptech company Zigbang announced a partnership with Saudi Arabia's National Housing Company with the goal of digitalizing ...
S.Korean IT firms rush for tie-ups to compete with ChatGPT
South Korean tech companies are rushing to form partnerships in different sectors to develop superior AI services to compete with ChatGPT, a chatbot...
S.Korean AI chip developer Rebellions releases Atom SoC
South Korean AI chip developer Rebellions Inc. announced on Monday the release of its AI chip Atom, a system-on-chip (SoC) designed for data centers...
Responsible mineral sourcing key to Korean battery materials makers
South Korea’s battery materials makers are stepping up their efforts to conform to environmental, social and governance (ESG) standards throug...
Olive Young exports K-beauty products to Middle East
Olive Young, a health and beauty platform, has begun targeting the Middle Eastern cosmetics market.South Korea's CJ Olive Young, which operates Oliv...
LG provides electronics service training to Cambodian youths
LG Electronics Inc. said on Sunday that it is offering technology training to help talented Cambodian youths become more self-reliant.For four days ...
S.Korean listed companies' cancelled shares reach $8.6 bn over past 3 years
South Korea's listed companies have cancelled 11 trillion won ($8.6 billion) worth of shares over the past three years.The Korea Exchange said on Su...
S.Korean LPG importers' profits surge on replacement demand
South Korea’s liquefied petroleum gas (LPG) importers such as E1 Corp. and SK Gas Ltd. saw their operating profit skyrocket in 2022, as a surg...
Korean court rules Daewoong poached Medytox’s botox strain
A South Korean court on Friday ruled in favor of Medytox Inc. in a civil lawsuit against its crosstown rival Daewoong Pharmaceutical Co. over the so...
Kakao to unveil Korean language-specific, vertical AI
Kakao Corp., South Korea’s No. 1 mobile messenger platform, will launch Korean language-specific, vertically-integrated AI service this year s...
Hankook Tire to supply exclusive tires for Formula E in India
Hankook Tire & Technology said on Friday that it will serve as the exclusive supplier and official partner of Formula E's 2023 Greenco Hyderabad...
Korean listed firms’ Q4 results miss forecast by big margin
Weak demand from a global economic slump took a big toll on South Korean companies in the fourth quarter of last year, making many of them miss earn...
Daewoong Pharma wins permission from Singapore for Nabota
South Korea's drug development company Daewoong Pharmaceutical said on Thursday that it received on Jan. 20 product approval for its botulinum toxin...
