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 ...

Celltrion Healthcare wins Remsima order in France, Italy

Celltrion Healthcare wins Remsima order in France, Italy

South Korea's Celltrion Healthcare Co. announced on Wednesday its autoimmune disease treatment Remsima (ingredient: infliximab) has won a bid for ho...

Korea Inc.’s record short-term borrowing raises specter of debt overhang

Korea Inc.’s record short-term borrowing raises specter of debt overhang

South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 200...

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...

SK Telecom launches cloud cost management platform

SK Telecom launches cloud cost management platform

South Korea's SK Telecom Co. on Wednesday announced the launch of Cloud Radar 2.0, its next-generation cloud management platform that leverages arti...

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...

HLB gets global rights to Chinese liver cancer drug

HLB gets global rights to Chinese liver cancer drug

South Korea’s HLB Therapeutics Co. on Tuesday said its US subsidiary Elevar Therapeutics has acquired the global rights excluding South Kore...

SK to invest in S.Korean company for bio jet fuel materials

SK to invest in S.Korean company for bio jet fuel materials

SK Group, South Korea’s energy-to-semiconductor conglomerate, is set to invest in a local renewable energy ingredient provider for stable proc...

SK Chemicals, Estée Lauder to co-work for eco-friendly packaging

SK Chemicals, Estée Lauder to co-work for eco-friendly packaging

South Korea's SK Chemicals Co. announced on Tuesday a partnership with Estée Lauder, the leading global cosmetics brand, to integrate circula...

Noul to export $1.4 mn in malaria diagnostic kits to Angola

Noul to export $1.4 mn in malaria diagnostic kits to Angola

South Korean in-vitro diagnostics maker Noul Co. has signed an exclusive sales deal in Angola on the company’s malaria diagnostic platform wor...

100 new South Korean AI vanguards to be unveiled

100 new South Korean AI vanguards to be unveiled

One hundred new South Korean startups at the vanguard of development of innovative AI technology will be unveiled later this month, according to The...

Korea delays ESG reporting rules for firms to 2026 or later

Korea delays ESG reporting rules for firms to 2026 or later

South Korea will postpone implementation of environmental, social and governance (ESG) disclosure rules for the country’s listed firms from 20...

Korean cars' gap vs. Japanese to narrow in UAE under CEPA

Korean cars' gap vs. Japanese to narrow in UAE under CEPA

South Korean carmakers are expected to rapidly catch up to their Japanese rivals in the United Arab Emirates (UAE) after their home country and the ...

Lotte leads corporate push to raise Korea’s dismal birthrate

Lotte leads corporate push to raise Korea’s dismal birthrate

South Korea’s dreadfully low birthrate — the world’s lowest — is not just a concern for politicians or government officials....

Korean Air to showcase UAVs at ADEX 2023

Korean Air to showcase UAVs at ADEX 2023

Korean Air Lines Co. will participate in the "Seoul Aerospace & Defense Exhibition 2023" (ADEX 2023) taking place at Seoul Air Base in Seongnam,...

LG Elec’s early-stage startup investments in US fare well

LG Elec’s early-stage startup investments in US fare well

LG Electronics Inc.'s early-stage investments in US tech startups will likely generate decent returns as they have raised additional funding at high...

SK Telecom introduces paid currency to metaverse ifland

SK Telecom introduces paid currency to metaverse ifland

South Korea's SK Telecom Co. has introduced an economic system to its metaverse service "ifland." With this, users can now purchase items with the c...

GI Innovation transfers allergy treatment tech to Japan

GI Innovation transfers allergy treatment tech to Japan

South Korea's GI Innovation Inc. announced on Monday it has transferred its allergy treatment "GI-301" to the Japanese pharmaceutical company Maruho...

Big 3 Korean shipmakers all likely to log quarterly profit

Big 3 Korean shipmakers all likely to log quarterly profit

South Korea’s three major shipbuilders are all poised to log quarterly surpluses for the July-September period and stay in the black for years...

Celltrion Healthcare to supply Yuflyma to US pharmacy chain

Celltrion Healthcare to supply Yuflyma to US pharmacy chain

South Korea's Celltrion Healthcare Co. has inked a deal with the US specialty pharmacy chain CarePartners Pharmacy to supply its autoimmune disease ...

Korea’s battery trio aims to outsmart Chinese rivals in US

 Korea’s battery trio aims to outsmart Chinese rivals in US

South Korea’s three major battery makers — LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. — recently came under renewed pr...

HiteJinro to build first overseas soju plant in Vietnam

HiteJinro to build first overseas soju plant in Vietnam

South Korea's leading soju maker HiteJinro Co. on Monday unveiled its plan to build a plant in Vietnam. HiteJinro Singapore confirmed a lease a...

Hanwha Robotics produces kitchen automation robots

Hanwha Robotics produces kitchen automation robots

South Korea’s Hanwha Robotics on Sunday announced its signing of an agreement on the development and commercial use of a robotics system for k...

Kia to build 2nd purpose-built vehicle plant in Korea

Kia to build 2nd purpose-built vehicle plant in Korea

Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...

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 Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation