HD Hyundai President Chung to deliver keynote at CES 2024

HD Hyundai President Chung to deliver keynote at CES 2024

South Korea's No. 1 shipbuilding group’s heir apparent Chung Ki-sun will deliver a keynote speech at the world’s biggest consumer techno...

Mobile carrier LG Uplus makes inroads into EV charger market

Mobile carrier LG Uplus makes inroads into EV charger market

LG Uplus Corp., South Korea’s mobile and broadband service provider, has released the prototype of its first electric vehicle charger to make ...

KG Mobility to develop Level 3 autonomous driving system

KG Mobility to develop Level 3 autonomous driving system

South Korea's KG Mobility Corp. announced on Tuesday it partnered with domestic autonomous self-driving software firm Autonomous a2z. The two c...

Tous Les Jours opens first store in Canada

Tous Les Jours opens first store in Canada

CJ Foodville, the food subsidiary of South Korea's CJ Group, announced on Tuesday its bakery chain brand Tous Les Jours has opened its first store i...

Naver secures $100 mn digital twin project in Saudi Arabia

Naver secures $100 mn digital twin project in Saudi Arabia

South Korea's dominant web portal giant Naver Corp. has won a contract to develop a Digital Twin platform for Saudi Arabia's Ministry of Municipal a...

Hanwha Aerospace, KATECH to collaborate on hydrogen fuel cell

Hanwha Aerospace, KATECH to collaborate on hydrogen fuel cell

South Korea's Hanwha Aerospace Co. announced on Monday it signed a memorandum of understanding (MOU) with the Korea Automotive Technology Institute ...

Paris Baguette to enter Middle Eastern halal market

Paris Baguette to enter Middle Eastern halal market

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Monday it has signed a memorandum of understanding (MOU) with UAE-b...

Curocell to localize blood cancer drug by 2025

Curocell to localize blood cancer drug by 2025

South Korean biotech company Curocell Inc. on Sunday said it will apply for approval from the Ministry of Food and Drug Safety in September next yea...

SK Telecom, Deutsche Telekom to design LLM

SK Telecom, Deutsche Telekom to design LLM

SK Telecom Co. on Sunday said it will develop a large language model (LLM) specifically for the communications sector with Deutsche Telekom of Germa...

S.Korean game developer Smilegate, angel of local startups

S.Korean game developer Smilegate, angel of local startups

Smilegate, South Korean developer of the world’s top first-person shooter game Crossfire, is raising investments in domestic startups despite ...

China’s graphite export curbs deal blow to Korean battery sector

China’s graphite export curbs deal blow to Korean battery sector

South Korean electric vehicle battery and battery component makers are fretting over the Chinese government’s impending restrictions on export...

Samyang Foods launches TomYum Buldak Ramen in US

Samyang Foods launches TomYum Buldak Ramen in US

South Korea's Samyang Foods Co. announced on Friday it began to release the new export-exclusive product of Hot Chicken Flavor Ramen, or Buldak Rame...

Koreans work longer hours than OECD average? Not in some sectors

Koreans work longer hours than OECD average? Not in some sectors

South Korea has had notoriously long working hours for decades.Long hours – alongside high levels of education and an increase of women in the...

S.Korean VCs go global for breakthrough

S.Korean VCs go global for breakthrough

South Korean venture capitalists are actively discovering attractive investment assets overseas to find a breakthrough amid a prolonged local VC dro...

POSCO completes automotive steel plates plant in China

POSCO completes automotive steel plates plant in China

South Korea’s POSCO announced on Thursday it completed the new plant for automotive steel plates in Tangshan, Hebei province, China.As a joi...

NJ certifies Taihan Cable as major power grid supplier

NJ certifies Taihan Cable as major power grid supplier

South Korean fiber optic cable manufacturer Taihan Cable & Solution Co. on Thursday said it has been certified as a major power grid supplier by...

Air Premia mulls $110 mn rights offer for more long-haul flights

Air Premia mulls $110 mn rights offer for more long-haul flights

South Korean low-cost carrier (LCC) Air Premia Inc. will make a decision on a rights offering worth up to 150 billion won ($110.4 million) at a boar...

S.Korean airlines see 12.87 mn int’l passengers in Q3 2023

S.Korean airlines see 12.87 mn int’l passengers in Q3 2023

South Korean airlines’ international passenger traffic in the third quarter reached 85% of that over the same period in 2019, the year befor...

Samsung Bioepis releases Soliris biosimilar in Europe

Samsung Bioepis releases Soliris biosimilar in Europe

Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea's Samsung Group, is rolling out its latest product Epysqli,...

Bank Woori Saudara to open 160th Indonesian branch

Bank Woori Saudara to open 160th Indonesian branch

South Korea's Woori Bank announced on Wednesday its Indonesian subsidiary Bank Woori Saudara is set to open a new outpost in Pekanbaru, Sumatra's Ri...

SK Hynix may block Kioxia-Western Digital merger

SK Hynix may block Kioxia-Western Digital merger

South Korean memory chip giant SK Hynix Inc. is rumored to be frowning on the integration of Japan’s Kioxia Holdings Corp. with US-based Weste...

Hyundai, Kia sign power chip supply, tech tie-up deal with Infineon

Hyundai, Kia sign power chip supply, tech tie-up deal with Infineon

South Korea’s top automaker Hyundai Motor Group has formed a strategic partnership with German chipmaker Infineon Technologies AG to secure a ...

Korean game sector shifts to consoles as mobile market falls

Korean game sector shifts to consoles as mobile market falls

South Korean game developers are rushing to introduce titles for consoles targeting die-hard players amid the shrinking mobile market.A survey of 10...

Allgot’s frozen kimbap to hit Costco shelves in US in H1, 2024

Allgot’s frozen kimbap to hit Costco shelves in US in H1, 2024

South Korean food company Allgot Co.’s frozen kimbap, which sold out immediately after landing in the US about two months ago, is on another r...

One Store secures $14.8 mn investment from Krafton

One Store secures $14.8 mn investment from Krafton

South Korean homegrown app store One Store Co. has attracted a 20-billion-won ($14.8-million) investment from Krafton Inc. The company's goal is to ...

Red ginseng proven to treat drug addiction: Research

Red ginseng proven to treat drug addiction: Research

It has been revealed that red ginseng significantly improves drug addiction and withdrawal symptoms caused by substance abuse. The research results ...

Johnson & Johnson more interested in Korean bio startups

Johnson & Johnson more interested in Korean bio startups

Johnson & Johnson, a global pharmaceutical giant, showed more interest in South Korean bio startups with competitive innovation despite the rece...

SeeDevice named Semiconductor Review’s Company of the Year

SeeDevice named Semiconductor Review’s Company of the Year

SILICON VALLEY -- SeeDevice Inc., a fabless image sensor developer famous for its quantum-effect CMOS (QMOS) sensors capable of expanding vision bey...

China Appears to Have Repatriated North Koreans Despite International Pressure

China Appears to Have Repatriated North Koreans Despite International Pressure

SEOUL—China appeared to have repatriated a large number of North Koreans this week, despite international pressure given the harsh punishment ...

Hyundai’s Supernal, Kia showcase flying car, military drones at ADEX 2023

Hyundai’s Supernal, Kia showcase flying car, military drones at ADEX 2023

South Korea’s top automaker Hyundai Motor Group is showcasing the concept of its electric flying car and hydrogen-powered military drones unde...

S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge