Hanwha Ocean, Canadian firms to collaborate on submarine projects

Hanwha Ocean, Canadian firms to collaborate on submarine projects

South Korea's Hanwha Ocean Co. announced on Friday that it partnered with three Canadian companies at Canada’s largest defense exhibition, CAN...

Korean shopping mecca Dongdaemun Market's vacancy rates soar

Korean shopping mecca Dongdaemun Market's vacancy rates soar

Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...

Kakao Mobility, Archer to collaborate for K-UAM commercialization

Kakao Mobility, Archer to collaborate for K-UAM commercialization

South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...

Line Games to launch The Play of Genesis in Taiwan, Hong Kong

Line Games to launch The Play of Genesis in Taiwan, Hong Kong

South Korea's Line Games Corp. announced on Friday that it signed a publishing agreement with Vietnam's tech giant VNG for the mobile game The Play ...

Samsung gets new tech certification for air purifier filter

Samsung gets new tech certification for air purifier filter

Samsung Electronics Co.'s air purifier filter technology obtained the New Excellent Technology (NeT) certification from the Korea Agency for Technol...

KOTRA opens K-Tech Camp in Paris

KOTRA opens K-Tech Camp in Paris

The Korea Trade-Investment Promotion Agency (KOTRA) announced on Thursday that it established the Paris K-Tech Camp in Paris, France on May 23.KOTRA...

Nvidia beats Tesla to emerge as top foreign stock held by Koreans

Nvidia beats Tesla to emerge as top foreign stock held by Koreans

Nvidia Corp., the global top artificial intelligence chip leader, overtook Tesla Inc., the world’s second-largest electric vehicle maker, to b...

Celebrity-run food chain operator TheBorn Korea files for IPO review

Celebrity-run food chain operator TheBorn Korea files for IPO review

TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, has filed for a preliminary revi...

LX Pantos to enter Indonesian resource logistics market

LX Pantos to enter Indonesian resource logistics market

South Korea's LX Pantos said on Thursday that it signed a joint venture (JV) agreement with KSA, Indonesia's largest bulk carrier, to tap into the S...

SK embarks on business overhaul to focus on mainstays

SK embarks on business overhaul to focus on mainstays

South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...

Korean biotech Bertis to join BIO 2024 for global reach

Korean biotech Bertis to join BIO 2024 for global reach

South Korean biotech Bertis Inc. will deliver presentations at the BIO International Convention, one of the world’s largest bio and healthcare...

Korea's bad loan managers seek liquidity via bond sales

Korea's bad loan managers seek liquidity via bond sales

South Korean non-performing loan (NPL) managers are increasing fundraising through corporate debt issuance given an outbreak of bad loans amid highe...

Korea’s HD Hyundai Electric wins $60 mn transformer deal in UK

Korea’s HD Hyundai Electric wins $60 mn transformer deal in UK

South Korea’s electric equipment maker HD Hyundai Electric Co. said on Wednesday it has won a power transformer supply deal worth 47.1 million...

SK Telecom launches AI pet diagnostic solution in Australia

SK Telecom launches AI pet diagnostic solution in Australia

South Korea's SK Telecom Co. announced on Wednesday that it launched its AI-based pet diagnostic assistance service X Caliber in Australia and has b...

Mega Coffee to open first store in Mongolia

Mega Coffee to open first store in Mongolia

South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...

Samsung to deepen foray in US HVAC market with Lennox

Samsung to deepen foray in US HVAC market with Lennox

Samsung Electronics Co. will set up a heating, ventilation and air conditioning (HVAC) joint venture with Lennox International Inc., a major US HVAC...

L&F, CNGR to collaborate to respond to US IRA

L&F, CNGR to collaborate to respond to US IRA

L&F Co., South Korea’s major cathode supplier announced Tuesday that it signed a memorandum of understanding (MOU) with Chinese precu...

Qoo10 launches K-Avenue for S.Korean products

Qoo10 launches K-Avenue for S.Korean products

Southeast Asia-based e-commerce platform Qoo10 Pte. announced on Tuesday that it launched K-Avenue, a sales channel for Korean products, on the newl...

SK Hynix: More room for share price rise after bull run

SK Hynix: More room for share price rise after bull run

SK Hynix Inc.'s market value broke through the roof to top 150 trillion won ($110 billion) on Monday, becoming the second stock in South Korea to re...

Hyundai Glovis adopts system to meet US' green policies on car carriers

Hyundai Glovis adopts system to meet US' green policies on car carriers

Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...

Samsung Bioepis leads in Soliris biosimilar market in Europe

Samsung Bioepis leads in Soliris biosimilar market in Europe

STOCKHOLM – Samsung Bioepis Co.'s biosimilar to Soliris for the treatment of patients with rare, life-threatening disease paroxysmal nocturnal...

Facephi to supply ID verification solutions to Samsung Securities

Facephi to supply ID verification solutions to Samsung Securities

South Korea's Hancom Inc. announced on Monday that Facephi, a Spain-based AI biometric recognition company in which Hancom had recently acquired equ...

Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...

Korean AI startups yet to join global unicorn club

Korean AI startups yet to join global unicorn club

The number of artificial intelligence unicorns has been on the rise thanks to the AI boom, but none of these South Korean AI startups have yet to jo...

SK Leaveo to start fertilizer coating with biodegradable materials

SK Leaveo to start fertilizer coating with biodegradable materials

South Korea's SK Leaveo, a subsidiary of SKC Ltd. specializing in biodegradable materials, will enter the fertilizer coating market that uses polybu...

GS25 opens 300th store in Vietnam

GS25 opens 300th store in Vietnam

South Korean convenience store chain GS25 said on Sunday that it opened its 300th store in Vietnam. This is the milestone since it entered th...

Hanwha Q Cells eyes solar power business diversification

Hanwha Q Cells eyes solar power business diversification

Hanwha Q Cells Co., a solar power unit of South Korean chemicals-to-defense conglomerate Hanwha Group, is striving for revenue stream diversificatio...

Korean brokerage firms seek to raise $1.2 bn in property funds

Korean brokerage firms seek to raise $1.2 bn in property funds

South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...

Hanwha Ocean ties up with Polish firm for submarine deal

Hanwha Ocean ties up with Polish firm for submarine deal

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has joined hands with Polish state-run defense group Polska Grupa Zbrojeniowa S.A. ...

Netmarble leverages existing IPs, M&As to keep growth

Netmarble leverages existing IPs, M&As to keep growth

Expectations are growing high that Netmarble Corp., South Korea’s second-largest game developer and publisher, will extend its growth streak t...

Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch K-beauty contract manufacturers see record Q2 profits; rally likely to continue S.Korea’s Bebesup earns China nod for baby skincare, eyes global expansion At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors