KGC hawks red ginseng at top US expo for health functional food

Jung Kwan Jang, the flagship brand of Korea Ginseng Corp. (KGC), has been featured at North America’s leading expo for raw ingredients of heal...

Samsung Electro-Mechanics sees share price target cut

South Korean brokerages have downgraded their target prices for Samsung Electro-Mechanics, following a significant earnings shock in the third quart...

Prepare for long-term, illiquid asset management: Korean investors

South Korean institutional investors said they are preparing for prolonged high interest rates and market uncertainty, building mid- to long-term pl...

Korean garment maker Hansae targets growth amid economic woes

HO CHI MINH CITY – South Korean garment maker Hansae Co. expects to see decent growth in sales and profits next year despite the global clothi...

Neo Chair cements No. 1 spot as office chair brand on Amazon

Neo Chair, almost unheard of in its home country South Korea, is the top-selling office chair brand on Amazon, the world's largest e-commerce platfo...

SK Geo Centric to supply recycled plastic materials to Amcor

SK Geo Centric Co., a South Korean petrochemical company, announced on Thursday it has entered into an agreement to supply recycled plastic material...

LG Elec to launch new business with startup: LG NOVA head

SAN FRANCISCO – LG Electronics Inc. will set up a new business entity focusing on some of its new growth pillars — digital healthcare, c...

Naver succeeds in issuing $133 mn Samurai bonds

South Korea's Naver Corp. announced on Thursday it successfully issued Samurai bonds, becoming the first global IT company to do so. Naver's debut...

S.Korea’s ModaModa unveils new hair darkening shampoo

South Korean haircare brand ModaModa launched its second-generation hair darkening shampoo "ModaModa Zero Gray Black Shampoo" on Thursday. Prev...

Lotte Wellfood promotes Pepero Day in New York

South Korea's Lotte Wellfood Co. announced on Thursday it has started the global campaign for Pepero in the US, the company's iconic chocolate-cover...

Lunit joins Saudi gov't healthcare sandbox

South Korea's medical AI company Lunit has joined the Saudi Arabian government's Healthcare Sandbox initiative, a move to advance digital transforma...

LG Chem to manufacture flooring from waste PET bottles

South Korea's LG Chem Ltd. revealed on Thursday its plan to produce an eco-friendly plasticizer derived from discarded polyethylene terephthalate (P...

SK Enmove, Hanwha Aerospace to develop ESS for vessels

South Korea’s lubricating oil maker SK Enmove Co. and defense industry company Hanwha Aerospace Co. will jointly develop energy storage syst...

Stability prioritized over risk-taking assets: Korean investors

South Korean institutional investors increased private lending as interest rates stay higher for longer, while tapping into the secondary market for...

S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal

DOHA -- HD Hyundai Heavy Industries Co., the world’s second-largest shipyard, has won a $3.9 billion deal to build 17 liquified natural gas ca...

POSCO DX develops AI-based roadkill prevention system

POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc. announced on Wednesday it developed an artificial intelligen...

LG Display narrows Q3 losses, sees turnaround in Q4

LG Display Co. said on Wednesday it will likely turn a profit in the fourth quarter of this year, snapping its losing streak of the past six quarter...

Hyundai Glovis opens smart logistics R&D center G-Lab

South Korean shipping and logistics company Hyundai Glovis Co. announced on Wednesday it has opened a research and development (R&D) space for s...

Xexymix launches pop-up store in Shanghai BFC Mall

South Korea's media and e-commerce company Brand X Corp. announced on Wednesday its activewear brand Xexymix has opened a pop-up store at the BFC Ma...

South Korean game developers spin off fashion brands

South Korean gaming companies are eyeing the fashion industry in a bid to diversify their revenue sources by broadening the fan base for their popul...

S.Korean public sector's ICT systems to fully convert to cloud

South Korea’s public sector, barring extenuating circumstances, will build its information and communications (ICT) systems in private clouds ...

Medytox to enter China’s botulinum toxin market with Newlux

South Korean pharmaceutical company Medytox Inc. on Tuesday announced its plan to enter the Chinese market for botulinum toxins (BTX) with its cut...

Nvidia invests in Korean generative AI startup Twelve Labs

Nvidia Corp., a global chip designer, made its first investment in a South Korean generative artificial intelligence startup as Big Tech companies G...

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...

Samsung Biologics partners with Europe's largest VC

Samsung Biologics Co., the world's largest contract drug manufacturer, announced on Tuesday it has teamed up with global biotech venture capitalist ...

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

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

LG CNS starts corporate knowledge management service

South Korean information and communications technology service provider LG CNS has launched a service for finding useful knowledge and data within a...

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

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...