Samyang to make EV part from recycled fishing nets

Samyang to make EV part from recycled fishing nets

South Korean chemical and food company Samyang Corp. has begun developing eco-friendly and lightweight parts for electric vehicles (EV) by expanding...

Korean lab-grown diamond maker KDT to build plant in India

Korean lab-grown diamond maker KDT to build plant in India

South Korea’s sole lab-grown diamond producer KDT Diamond Co. will build its first overseas production facility in India by early next year to...

Samsung Eng. wins $19.5 mn Saudi petrochemical plant design contract

Samsung Eng. wins $19.5 mn Saudi petrochemical plant design contract

South Korea's Samsung Engineering has secured a front end engineering design (FEED) project for a PDH·PP·UTOS Plant in Saudi Arabia, m...

Korean Hana ties up with Saudi EXIM Bank for Middle East biz

Korean Hana ties up with Saudi EXIM Bank for Middle East biz

Hana Financial Group, South Korea’s third-largest financial holding company, joined hands with the Saudi Export-Import Bank to expand its mark...

HD Hyundai Oilbank changing into eco-friendly energy entity

HD Hyundai Oilbank changing into eco-friendly energy entity

South Korea's HD Hyundai Oilbank is transforming from a petroleum and oil refinery company into an eco-friendly energy entity through diversificatio...

LG Uplus invests $7.4 mn in S.Korean edu-tech startup

LG Uplus invests $7.4 mn in S.Korean edu-tech startup

South Korea’s No. 3 wireless carrier LG Uplus Corp. on Tuesday said it will make an equity investment of some 10 billion won ($7.4 million) in...

Fed-triggered taper tantrum takes toll on Korean financial markets

Fed-triggered taper tantrum takes toll on Korean financial markets

The South Korean financial markets were roiled by a fresh taper tantrum after the US Federal Reserve chair signaled further tightening last week, tr...

SK Tel launches world’s 1st Korean large language model

SK Tel launches world’s 1st Korean large language model

SK Telecom Co. on Tuesday announced the official launch of the world’s first Korean large language model (LLM) “A.”, or A Dot, whi...

LG H&H acquires S.Korean makeup brand Hince

LG H&H acquires S.Korean makeup brand Hince

South Korea's LG H&H Co. announced on Tuesday that it has signed an agreement to acquire a 75% stake in Vivawave, which owns the domestic premiu...

EcoPro Materials to quadruple precursor output by 2027

EcoPro Materials to quadruple precursor output by 2027

South Korea's precursor manufacturer EcoPro Materials, aims to quadruple its production capacity by raising funds between 524 billion won ($390 mill...

POSCO, Bartlett to set up grain procurement joint venture

POSCO, Bartlett to set up grain procurement joint venture

South Korea’s POSCO International Corp. plans to invest in Bartlett and Company’s soybean processing company within the year and set up ...

Shinsegae Int’l to be exclusive distributor of D&G Beauty in S.Korea

Shinsegae Int’l to be exclusive distributor of D&G Beauty in S.Korea

South Korea's Shinsegae International said on Tuesday that it has signed an exclusive distribution contract with the Italian cosmetic brand Dolce &a...

Hyundai Motor clinches top spot in Indian dealer satisfaction study

Hyundai Motor clinches top spot in Indian dealer satisfaction study

South Korea’s Hyundai Motor Co. has emerged as the leader in India’s mass-market satisfaction segment, according to an annual survey by ...

Celltrion gets sales approval for Yuflyma in Japan

Celltrion gets sales approval for Yuflyma in Japan

South Korea's biopharmaceutical company Celltrion Inc. announced on Tuesday that it has secured approval from the Japanese Ministry of Health, Labou...

Korean Air may give up Asiana’s cargo business, 4 routes for EU approval

Korean Air may give up Asiana’s cargo business, 4 routes for EU approval

Korean Air Lines Co. may give up the cargo business of Asiana Airlines Inc. and four of its lucrative routes in Europe in an all-in bet as the marri...

Instant noodles, rice, kimchi buoy Korean food exports

Instant noodles, rice, kimchi buoy Korean food exports

South Korea’s agricultural and food exports have turned upward this year, led by Koreans' everyday menu items such as rice, kimchi and instant...

Com2uS XPLA listed on S.Korea's crypto exchange Gopax

Com2uS XPLA listed on S.Korea's crypto exchange Gopax

South Korea's Com2uS Holdings Corp. announced on Monday that the cryptocurrency called XPLA used in the Com2uS Group's blockchain mainnet of the s...

Daewon Pharma to export $3 mn worth of Pelubi to Indonesia

Daewon Pharma to export $3 mn worth of Pelubi to Indonesia

South Korea's Daewon Pharmaceutical Co. will export its nonsteroidal anti-inflammatory drug (NSAID) Pelubi to the Indonesian market. It's South Kore...

S.Korea to expand quota of foreign skilled workers to 35,000

S.Korea to expand quota of foreign skilled workers to 35,000

The South Korean Ministry of Justice announced on Monday that it will expand the quota of foreign skilled workers from the current 2,000 to 35,000.E...

LG Elec takes on Lenovo, Asus in foldable laptop race

LG Elec takes on Lenovo, Asus in foldable laptop race

LG Electronics Inc. will join the race to lead the emerging foldable laptop market, currently led by foreign notebook majors Lenovo Ltd. and ASUSTeK...

Rebellions teams up with IBM for ATOM AI chip quality test

Rebellions teams up with IBM for ATOM AI chip quality test

Rebellions Inc., a South Korean artificial intelligence chip design startup, said on Monday it has forged a partnership with US tech giant IBM to co...

CJ CheilJedang searches for global bio talent in Boston

CJ CheilJedang searches for global bio talent in Boston

South Korean food and bio giant CJ CheilJedang Corp. on Monday said its Chief Technology Officer Hwang Yun-il, CJ CheilJedang BIO executive Yoon Seo...

NHN Commerce to collaborate with China's Shanhai Digital

NHN Commerce to collaborate with China's Shanhai Digital

NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with ShanHai Digit...

LG Uplus, Hanwha unveil ceiling-mounted EV charging system

LG Uplus, Hanwha unveil ceiling-mounted EV charging system

South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the development of their ...

SK Telecom to commercialize UAM with American partner

SK Telecom to commercialize UAM with American partner

South Korea's SK Telecom Co. will launch domestic commercial operations in urban air mobility (UAM) with Joby Aviation, a Santa Cruz, California-b...

LG Chem, Huayou to build LFP cathode plant in Morocco

LG Chem, Huayou to build LFP cathode plant in Morocco

South Korea’s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with ...

S.Korean startups, VC seek money, business opportunities in Japan

S.Korean startups, VC seek money, business opportunities in Japan

South Korean startups and venture capitalists battered by chilled investor sentiment amid rising interest rates and slowing economic growth at home ...

Prestige Biologics partners with Indian company for CDMO

Prestige Biologics partners with Indian company for CDMO

Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, is expanding its CDMO b...

Taihan Cable bags $60 mn high-voltage power grid deal in Bahrain

Taihan Cable bags $60 mn high-voltage power grid deal in Bahrain

Taihan Cable & Solution Co., a South Korean major cable manufacturer, has won its first-ever order in Bahrain, worth about $60 million, to build...

LS ITC, KEPCO to team up for energy efficiency projects

LS ITC, KEPCO to team up for energy efficiency projects

LS ITC, an IT service unit of LS Group, announced on Friday the signing of a pivotal business agreement with Korea Electric Power Corp. (KEPCO).This...

Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP