Taihan Cable posts highest first-half operating profit in 20 years
South Korea's Taihan Cable & Solution Co. announced on Friday that its consolidated operating profit for the first half of this year reached 41....
S.Korea's Nongshim earns H1 operating profit of $89 million
South Korean food and beverage giant Nongshim Co. saw operating profit in the first half of the year more than double thanks to strong instant noodl...
S.Korea's Twelve Labs ranks among world's top 50 generative AI startups
South Korea’s Twelve Labs was included as the only Korean company in CB Insights’ first annual GenAI 50 ranking, a list of the world&rsq...
Korean game developers look to revive heyday with reboots of old hits
South Korea’s game developers are rushing to remake classic titles to recover profitability by appealing to former fans with hit intellectual ...
Samsung’s latest Galaxy smartphones, watches hit global markets
Samsung Electronics Co.'s latest models of its flagship Galaxy series of smartphones, watches and tablets have begun hitting the shelves of the comp...
S.Korea's Hanon Systems hits 'home run' with heat pump for EVs
Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second quarter in blowing awa...
Hyundai's all-new Santa Fe to hit Korean market mid-August
Hyundai Motor Co.'s all-new Santa Fe will finally hit the market with presales to take place this Saturday in South Korea, where the mid-size sport ...
Hopes rise for Korean copper foil makers’ gains under IRA
South Korea’s SK Nexilis Co., the world’s largest copper foil producer, is in negotiations with six electric vehicle battery makers to s...
S.Korean think-tank lifts inflation forecast on oil prices
A South Korean government think-tank has raised its inflation prediction for this year due to the recent rise in oil prices and expectations that As...
LG Electronics’ projectors sweep world’s No. 3 golf market
Screen golf centers have become another gold mine for LG Electronics Inc. thanks to Koreans’ unwavering golf enthusiasm, which has made the wo...
ABL Bio gets OK for phase 1 clinical trials for immune-oncology drug
New drug development company ABL Bio Inc. announced on Thursday that it has received approval from the Ministry of Food and Drug Safety of South Kor...
Hyundai Steel develops industrial neutron analyzer jointly with startup
Hyundai Steel Co., South Korea's second-largest steelmaker, announced on Thursday that it has successfully collaborated with the in-house startup 3I...
Affiliate of S.Korea's POSCO Int'l to supply natural gas in Australia
South Korea's POSCO International Corp. on Thursday said Senex Energy, its Australia-based natural gas subsidiary, will supply natural gas to seven ...
S.Korea's LG Uplus branches to offer travel services
South Korea's telecom service provider LG Uplus Corp. will start offering travel services at its offline branches. The company on Wednesday said it ...
S.Koreans continue buying spree of sliding Japanese yen
The plunging Japanese currency has stepped up South Koreans’ bargain-hunting, posting record highs in the balance of the yen-denominated depos...
Global fashion brands block Koreans' access to US websites
Some global fashion brands such as Ralph Lauren Corp. and Tommy Hilfiger have blocked South Koreans’ access to their US websites to support bu...
S.Korea's SK C&C enters battery sector with DNA Motors
South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...
Lotte Hotels & Resorts to launch premium kimchi product
Lotte Hotels & Resorts, a leading South Korean hospitality company, announced on Thursday its intention to penetrate the domestic kimchi market,...
SK Pharmteco secures 12 global pharma clients, sets up US R&D center
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured 12 global pharm...
Korean lifestyle brand Andar takes on Xexymix in athleisure market
South Korea's activewear maker Andar posted record quarterly sales of 61.6 billion won ($47 million), moving one step closer to retaking the market ...
Insatiable Hyundai Motor aspires to lead India with SUVs, EVs
Hyundai Motor Group must become “the first mover” in India, which has emerged as the next fierce battlefield for global car makers after...
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...
Kakao Healthcare signs agreement with Novo Nordisk for digital service
Kakao Healthcare Corp., a digital healthcare platform unit of South Korea's Kakao Corp., announced that it has signed on Tuesday a business agreemen...
Kia launches exclusive care service for EV9
South Korea's Kia Corp. announced on Tuesday that it will begin exclusive EV9 care services. The company will offer after-sale services throughout t...
SSG.Com announces global first launch of Piaget's new watch
SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...
Korean swimwear Barrel posts profit in post-pandemic surfing boom
South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...
Flying to S.Korea's Jeju Island? Just bring smartphone
The identity verification app Pass of South Korea's three telecom companies has added another function: enabling a user to board a domestic flight w...
Orion teams up with Dutch Mill to tap Vietnamese dairy market
South Korea's Orion Corp. announced on Tuesday its strategic collaboration with Thailand's dairy behemoth, Dutch Mill Co., marking its ambitious ent...
Korean boiler makers set sights on Central, South America
South Korea’s major boiler manufacturers are stepping up overseas expansion to diversify beyond the saturated domestic market, setting their s...
KDB girds up for Korean Air-Asiana deal collapse with Plan B
The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...
