CJ Freshway, Hanwha Robotics to team up for food robots

CJ Freshway, Hanwha Robotics to team up for food robots

South Korea's CJ Freshway Corp. and Hanwha Robotics will jointly develop food robots. The two companies signed a memorandum of understanding ...

Korean Air breaks ground on Asia’s largest aircraft engine MRO cluster

Korean Air breaks ground on Asia’s largest aircraft engine MRO cluster

Korean Air Lines Co., South Korea’s No. 1 full-service carrier, said on Thursday it has begun construction of a $439 million aircraft engine m...

Korea's Shinhan, Hana accelerate overseas push after record profits

Korea's Shinhan, Hana accelerate overseas push after record profits

South Korean major banks aim to accelerate their expansions in other countries as their overseas investments paid off with record profits last year ...

Korean rental platforms become headache for PE investors

Korean rental platforms become headache for PE investors

South Korean rental platforms have become a headache for private equity firms, with their declining profits and dim business outlooks making them ha...

Kolon Plastics to be rebranded as Kolon ENP

Kolon Plastics to be rebranded as Kolon ENP

Kolon Plastics Inc. announced on Thursday that it will change its name to Kolon ENP. The rebranding will be confirmed if approved at the regular sha...

Hyundai Motor, Kia to recall 170,000 EVs

Hyundai Motor, Kia to recall 170,000 EVs

Around 170,000 units of electric vehicles (EVs) from Hyundai Motor Co. and Kia Corp. are voluntarily recalled, the largest recall in the domestic EV...

KT, Novatek to collaborate on logistics robot platform

KT, Novatek to collaborate on logistics robot platform

South Korea's KT Corp. announced on Wednesday that it signed a memorandum of understanding (MOU) with the domestic company Novatek which specializes...

CJ Logistics gets IATA lithium battery transport certification

CJ Logistics gets IATA lithium battery transport certification

South Korea’s CJ Logistics said on Wednesday that it obtained the certification CEIV lithium battery, or the Center of Excellence for Independ...

LG Chem to close base chemical styrene monomer business

LG Chem to close base chemical styrene monomer business

LG Chem Ltd., South Korea's No. 1 petrochemical company, will shut down its styrene monomer (SM) production line this month and is mulling closing a...

Burger Please!, world’s third-most downloaded app in 2023

Burger Please!, world’s third-most downloaded app in 2023

A hyper-casual game developed by South Korea’s fledgling gaming publisher Supercent was the world’s third-most downloaded newly launched...

Hyundai L&C targets US, India with premium finishing material

Hyundai L&C targets US, India with premium finishing material

Hyundai L&C, South Korea’s Hyundai Department Store Group’s building materials unit, said on Tuesday that it will increase the propo...

Hyundai E&C, Glennmont D&D sign renewable energy PPA

Hyundai E&C, Glennmont D&D sign renewable energy PPA

Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Tuesday that it signed a power purchase agreement (PPA) for solar renewabl...

POSCO Int’l wins $9 bn permanent magnet orders from US, Europe

POSCO Int’l wins $9 bn permanent magnet orders from US, Europe

POSCO International Corp. has bagged deals worth nearly 1.2 trillion won ($9 billion) in total to deliver permanent magnets to finished carmakers in...

LG Uplus unveils AI Callbot at Cuckoo call center

LG Uplus unveils AI Callbot at Cuckoo call center

South Korea’s LG Uplus Corp. announced on Tuesday that it will introduce the smart customer support solution artificial intelligence (AI) Call...

Korean real estate firms put up for sale amid lasting market downturn

Korean real estate firms put up for sale amid lasting market downturn

A growing number of private real estate firms are being put up for sale in South Korea amid a prolonged market downturn and increasing delinquencies...

LG Elec named best front-load washer in US

LG Elec named best front-load washer in US

LG Electronics Inc. has dominated the top positions in the latest ratings for the best front-load washing machines conducted by Consumer Reports, a ...

SK Signet builds system to enhance EV charger cybersecurity

SK Signet builds system to enhance EV charger cybersecurity

SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Tuesday that it has established an enhanced cybersecurity sys...

Foreign venture funding for Korean startups picks up

Foreign venture funding for Korean startups picks up

South Korean startups raising funds from overseas venture capital firms nearly doubled in the first two months of this year from a year ago, heighte...

PUBG’s Krafton expands in India with localized games

PUBG’s Krafton expands in India with localized games

South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), aims to expand its market share...

Coupang launches direct purchase service to Japan

Coupang launches direct purchase service to Japan

Coupang Inc., South Korea's leading e-commerce platform, announced on Monday that it is expanding its overseas direct purchase service, "Rocket Jikg...

Mom’s Touch to open first store in Japan

Mom’s Touch to open first store in Japan

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Monday that it will open its first directly managed store Shibuya...

HD Hyundai speeds up digital transformation with Naver

HD Hyundai speeds up digital transformation with Naver

HD Hyundai Co. announced on Monday that it signed a business agreement with Naver Corp. for digital transformation (DX), cloud transformation, and a...

LG’s new AI-controlled soundbar to hit US market in March

LG’s new AI-controlled soundbar to hit US market in March

LG Electronics Inc. will roll out its new flagship soundbar system — powered by AI and 15-channel sound — in North America later this mo...

LG CNS to develop AI platform of S.Korean government

LG CNS to develop AI platform of S.Korean government

South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Sunday that it plans to develop a government-wide hyperscal...

S.Korean steelmakers mull building electric furnaces in US

S.Korean steelmakers mull building electric furnaces in US

Steelmakers are considering building steel mills with electric furnaces in the United States to survive the triple whammy of high tariff barriers, l...

Seoul landmark Donuimun D Tower put up for sale

Seoul landmark Donuimun D Tower put up for sale

South Korean real estate firm Mastern Investment Management is set to sell off Donuimun D Tower, a landmark office building in Seoul, for about 900 ...

Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai

Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai

Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, plans to begin supplying hybrid lenses for automotive camera modules ...

Mathpresso throws down the gauntlet in US edtech market

Mathpresso throws down the gauntlet in US edtech market

Mathpresso Inc., a South Korean startup operating the Google-backed learning app Qanda, has released its first study app catering to US university s...

KEXIM, US DOE to support S.Korean green energy firms

KEXIM, US DOE to support S.Korean green energy firms

The Export-Import Bank of Korea (KEXIM) said on Mar. 7 that it will support domestic firms that aim to enter the American green energy industry with...

Brookfield taps ARA Korea as preferred bidder for Conrad Seoul

Brookfield taps ARA Korea as preferred bidder for Conrad Seoul

Canada’s Brookfield Asset Management Ltd. has selected Seoul-based real estate manager ARA Korea Ltd. as the preferred bidder for five-star ho...

Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead 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