Samsung targets gaming market with dedicated online store
Samsung Electronics Co., the world’s second-largest smartphone maker, is looking to expand its presence in the lucrative global gaming market ...
Lotte Rental drops plan to enter Korea’s secondhand car sales market
Lotte Rental Co., South Korea’s largest car rental firm, has dropped its plan to enter the domestic used car sales market. Instead, it will st...
S.Korea to tighten immigrant investor requirements
South Korea will raise the minimum requirements for the country’s investment immigration visa program amid growing controversy over foreigners...
KT, Samsung to cooperate in building S.Korean-style full stack AI
South Korea's KT Corp. and Samsung Electronics Co. will pool their capabilities to build domestically developed full stack artificial intelligence...
S.Korea's beauty platform Hwahae opens flagship store on TikTok
South Korea's mobile beauty platform Hwahae has opened a flagship store on TikTok (Chinese name Douyin). Hwahae's operator Birdview announced t...
LG sees $76 bn in 2023 vehicle system order backlog
The automotive electronics business is emerging as a new cash cow for South Korea’s LG Electronics Inc., a household name in the home applianc...
EU temporarily halts probe of Korean Air-Asiana merger
Europe's antitrust regulator has temporarily suspended its investigation into the proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. a...
S.Korea exports halal-certified beef to Malaysia for 1st time
Halal-certified premium Korean beef Hanwoo was exported to Malaysia on Thursday, marking the culmination of seven years of quarantine negotiations f...
CJ Olive Young to develop inner beauty as new growth engine
South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...
JW Pharma unveils S.Korea's first homegrown hybrid incubator
South Korea's JW Pharmaceutical on Wednesday released three products from its new incubator brand Hi-Mammi.The company's rollout of hybrid and high-...
Korean Air to use bio-jet fuel on international flights
Korean Air Lines Co. announced on Thursday that it will start operating bio-jet fuel flights in partnership with GS Caltex Corp., marking the first ...
Kakao Healthcare to build metaverse healthcare platform
Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao, announced on Wednesday that it has been selected as the final operato...
US to send Its biggest sub to Korean Peninsula in message to North and South
SEOUL—The U.S. plans to send its largest nuclear-armed submarine to South Korea for the first time in four decades, in an effort to deter Nort...
Interpark Triple sees surge in sales of Japan tours, activities
Sales of Japan tour and activity products to South Korean travelers have surged in recent weeks, driven by an increase in the number of independent ...
EVs lack luster in S.Korea’s secondhand car market
Electric vehicles suffered sharper price falls in South Korea’s secondhand car market this year, compared with combustion engine and hybrid ca...
CJ Logistics to build logistics centers in US with $416 mn investment
CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an estimated investment of...
Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years
South Korea’s top auto parts maker Hyundai Mobis Co. said on Tuesday it expects to begin mass production of its rollable vehicle display &ndas...
7-Eleven’s operator Korea Seven hit by rating cut
The credit rating of Korea Seven Co., which runs the South Korean operations of the convenience store chain 7-Eleven, was downgraded to its lowest l...
Kakao Mobility to develop mobility platform with Vietnam’s Phenikaa
South Korea's Kakao Mobility and Vietnam's Phenikaa Group have entered into a business agreement to foster technology collaboration within the mobil...
LG Electronics targets EdTech market in US
LG Electronics Inc. is showcasing a lineup of acclaimed products designed for the education sector at the International Society for Technology in Ed...
POSCO Int'l, CIP tie up for Korean offshore wind project
POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has joined hands with C...
Korea’s KHNP wins project for tritium removal plant in Romania
State-backed Korea Hydro & Nuclear Power Co. (KHNP) has won a €200 million order to build a tritium removal facility (TRF) at a nuclear pow...
S.Korean gov't unveils new K-tourism video ads
The South Korean Ministry of Culture, Sports, and Tourism, along with the Korea Tourism Organization, announced on Tuesday that they have launched t...
Hyundai Mobis overtakes Japan's Aisin on global auto parts market
South Korea's Hyundai Mobis has surpassed Japan's Aisin, its biggest competitor in auto parts excluding batteries, to break into the top five on the...
S.Korean firms' rights issues swell 10-fold in June
An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...
Hyundai Card, Visa form global data alliance
South Korea’s Hyundai Card has launched a data analysis business with Visa. Hyundai Card on Monday said it formed a strategic business partner...
S.Korean oil refiner GS Caltex accelerates advance into cosmetics biz
GS Caltex Corp., South Korea’s second-largest oil refiner, is expediting its advance into the cosmetics industry as part of its green transfor...
Samsung, 4 Korean banks to foster financial software engineers
Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help suppor...
Samsung accelerates foray into fastest AI chip market
South Korea’s Samsung Electronics Co. is speeding up its efforts to penetrate deeper into the high bandwidth memory 3 (HBM3) market, an area i...
Heyday over for Amorepacific, LG Household in China’s beauty market
Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...
