AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab Inc., a computer security solutions provider in South Korea, announced on Thursday that its smartphone security solution "V3 Mobile Security"...

Kyochon F&B opens new store at Kuala Lumpur Airport

South Korea's fried chicken chain Kyochon F&B is spreading its wings in Malaysia, where it has recently opened a new store at the bustling Kuala...

SK Networks invests $22 mn in US AI-based device company

South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, ...

Foreign investors net buyers of Korean stocks for 5th straight month

Foreign investors bought more South Korean stocks in February, extending their buying spree to five months.The Financial Supervisory Service of Kore...

Lunit to supply AI image analysis solutions to Singapore

South Korea's Lunit Inc., an artificial intelligence (AI) medical company, announced on Wednesday that it has secured a contract to provide Lunit In...

Kumho Petrochem wins BB rating from MSCI's ESG ratings

Kumho Petrochemical Co. announced on Wednesday that it had received a "BB rating" in the environmental, social and governance (ESG) evaluation by Mo...

LS Electric unveils smart factory solutions

South Korea’s LS Electric Co. on Wednesday said it has unveiled its future factory automation solutions for the digital transformation era at ...

Yoon’s US visit to test Biden’s trust as ally over chip, battery issues

South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years of the Korea-US sec...

SentBe, back from brink of collapse to play in major league

SentBe, a South Korean fintech startup operating a personal international remittance app of the same name, is readying to play in the bigger global ...

Hanwha Q Cells jumps into distributed energy biz with forecast service

Hanwha Q Cells, the Q Cells division of Hanwha Solutions Corp., said on Wednesday that it had started a renewable energy generation forecast service...

KEXIM bank inks $6 billion financing deal with Aramco

The Export-Import Bank of Korea said on Tuesday it has signed a three-year framework agreement with Saudi Arabian Oil Co.(Aramco), to provide up to ...

S.Korea's builders diversify biz portfolios to waste battery, other sectors

South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...

Medical IP's X-ray image analysis software certified as medical device

Medical IP, a South Korean medical AI company, has announced that its artificial intelligence (AI) medical image analysis software "TiSepX Lung Volu...

Hyundai eyes greater SUV market share with new Kona EV

Hyundai Motor Co. on Tuesday unveiled the all-new Kona Electric, its first fully revamped compact sport utility vehicle in five years, as the top So...

S.Korean fashion brands rush to China for pent-up demand

South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...

S.Korea lags Taiwan in GNI per capita for first time since 2002

South Korea’s gross national income (GNI) per capita dropped 7.7% on-year last year, coming in below that of its smaller rival Taiwan for the ...

Korean lawmakers mull higher chip tax credits, battery subsidies

South Korea’s main opposition party will propose higher tax credits and subsidies for domestic chipmakers and battery manufacturers as early a...

Korea's SK Telecom jointly develops AI patrol robots

SK Telecom Co., along with its partner firms, will develop artificial intelligence (AI) robots that will replace security guards patrolling around s...

KTO promotes travel to Korea in ITB Berlin

The Korea Tourism Organization announced on Monday its participation in ITB Berlin 2023, the world's largest tourism fair held in Berlin, Germany, f...

Concerned about CHIPS Act, Korea says US investment less attractive

South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the conditions the US government ...

Apple Pay's S.Korea debut as early as third week in March

Apple Pay, the mobile payment service by iPhone maker, is set to launch in as early as two weeks in South Korea, home to the world’s largest s...

Jeju Air teams up with startup Plana to explore urban air mobility

Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...

S.Korean inflation rises at slowest rate in 10 months in February

South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product prices but utility p...

Mirae Asset, music profit-sharing startup take on security token offerings

South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of understanding (MOU) with ...

LG Electronics wins US air conditioning award for 7th year

LG Electronics Inc. said on Monday that it has won a performance award from the Air-Conditioning, Heating & Refrigeration Institute (AHRI), a US...

Dongsuh Foods applies green certification package to products

South Korea's food processing company Dongsuh Foods Corporation announced on Monday the launch of new green technology-certified packaging.This gree...

S.Korea-Indonesia central banks renew currency swap agreement

Central banks of South Korea and Indonesia renewed a bilateral local currency swap arrangement to keep supporting trade and financial cooperation fo...

Hyundai Mobis, Hyundai Motor develop vehicle height adjustment system

Hyundai Mobis, a global auto parts vendor and affiliate of Hyundai Motor Group, said on Monday that it has co-developed an electronic levelling cont...

Hanwha Systems tests AESA radar system for Korean fighter jet

Hanwha Systems Co., a South Korean defense and IT service company, said on Sunday that it had installed and tested its own radar system on a prototy...

S.Korea needs bold investment to keep K-chip supremacy: SNU scholar

The South Korean government and the private sector must commit to more generous and comprehensive support for the country's memory chip industry if ...