LG CNS, Microsoft to jointly develop new ChatGPT-based services

LG CNS, Microsoft to jointly develop new ChatGPT-based services

South Korea’s largest cloud computing service provider LG CNS Co. announced on Tuesday that it will strengthen its strategic partnership with ...

S.Korean corporate investment in Vietnam plunges 70% in first quarter

S.Korean corporate investment in Vietnam plunges 70% in first quarter

South Korean corporate investment in Vietnam, which has led the economic development of the Southeast Asian nation, has plunged this year due to fac...

S.Korean stocks at 8-month high as foreigners chase Samsung

S.Korean stocks at 8-month high as foreigners chase Samsung

South Korean stocks hit an eight-month high on Monday as foreign investors continued to chase Samsung Electronics Co., the country’s most valu...

S.Korean low-cost carriers keep expanding routes to SE Asia

S.Korean low-cost carriers keep expanding routes to SE Asia

South Korean low-cost airlines have started expanding their flight routes. It is based on the expectation that there will be a significant incre...

JW Pharma to use zebrafish in new drug development

JW Pharma to use zebrafish in new drug development

South Korean drug developer JW Pharmaceutical has entered into a memorandum of understanding (MOU) with Zefit, a domestic non-clinical trial institu...

Samsung to transfer proprietary technologies to SMEs for free

Samsung to transfer proprietary technologies to SMEs for free

Samsung Electronics Co. has partnered with South Korean government to transfer patented technologies free of charge in an effort to support the grow...

S.Korean semiconductor industry faces sharp decline: report

S.Korean semiconductor industry faces sharp decline: report

The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...

BOK to hold rate on Tuesday as inflation, growth ease

BOK to hold rate on Tuesday as inflation, growth ease

South Korea’s central bank was widely expected to leave its policy interest rate unchanged this week as inflation slows amid fears of a recess...

S.Korean ramen's exports reach new heights amid K-content boom

S.Korean ramen's exports reach new heights amid K-content boom

Riding the wave of the K-content craze, South Korean ramen's overseas status is soaring. In the first quarter of this year, the ramen export value e...

Super-rich Koreans eye return to stocks despite weaker economy

Super-rich Koreans eye return to stocks despite weaker economy

The super-rich in South Korea are eyeing stocks for investments despite a slowdown in Asia’s fourth-largest economy this year, expecting the l...

60% of S.Koreans think AI will take away jobs: survey

60% of S.Koreans think AI will take away jobs: survey

A recent survey conducted by The Poll, a blockchain-based opinion poll company, has revealed that six out of ten Korean citizens are concerned...

Some 60% of S.Koreans think AI will take away jobs: Survey

Some 60% of S.Koreans think AI will take away jobs: Survey

A recent survey conducted by The Poll, a blockchain-based opinion poll company, has revealed that six out of ten Korean citizens are concerned that ...

Korean won at 1-yr low vs yen; end of boon for exporters

Korean won at 1-yr low vs yen; end of boon for exporters

The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven asset in the wobbly fin...

S. Korean food company Ottogi opens new research center

S. Korean food company Ottogi opens new research center

South Korean food company Ottogi Co. has announced on Friday the opening of the food safety science research institute at its Ottogi Research Center...

Hankook Tire's iON evo tops Auto Bild's electric car tire test

Hankook Tire's iON evo tops Auto Bild's electric car tire test

Korean tire manufacturer Hankook Tire & Technology announced on Friday that its electric vehicle-dedicated high-performance tire, the iON evo, h...

Paris Baguette to showcase at London Franchise Show 2023

Paris Baguette to showcase at London Franchise Show 2023

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Friday that it will participate in the London International Franchise...

S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests

S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests

Rebellions Inc., a South Korean artificial intelligence chip design startup, beat global chip giants Qualcomm Technologies Inc. and Nvidia Corp. in ...

Singapore-based Qoo10 acquires South Korean e-tailer WeMakePrice

Singapore-based Qoo10 acquires South Korean e-tailer WeMakePrice

The Singapore-based e-commerce platform Qoo10 has acquired South Korea's online shopping site WeMakePrice, making Qoo10 fourth in domestic online co...

Korea's InnoGrid to collaborate with Hyosung for cloud business

Korea's InnoGrid to collaborate with Hyosung for cloud business

InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...

Lotte Group secures $3.8 bn funding from four major Korean banks

Lotte Group secures $3.8 bn funding from four major Korean banks

Lotte Group announced on Friday that it has signed a financial support agreement worth 5 trillion won ($3.8 billion) with four major South Korean ba...

Korean PE firm STIC taps Bain & Co senior partner for PE business

Korean PE firm STIC taps Bain & Co senior partner for PE business

South Korean private equity firm STIC Investments Inc. is set to hire Lee Hyukjin, a senior partner of global management consulting firm Bain & ...

LG H&H hosts Korean Royal Court Culture event with Four Seasons Seoul

LG H&H hosts Korean Royal Court Culture event with Four Seasons Seoul

South Korea's major consumer goods company LG H&H Co. announced on Thursday that its cosmetics brand, The History of Whoo, hosts an event called...

Dongwon inks deal with Dongkuk for secondary battery raw material

Dongwon inks deal with Dongkuk for secondary battery raw material

South Korean firm Dongwon Systems Corp. has signed an agreement with Dongkuk Industries Co. for the supply, sale and development of raw materials fo...

LG Chem, CJ Logistics partner to recycle packaging wrap

LG Chem, CJ Logistics partner to recycle packaging wrap

South Korean companies LG Chem Ltd. and CJ Logistics have signed an memorandum of understanding on Thursday to establish a recycling ecosystem for p...

Investors ready their return to Korean stock market but with bet on declines

Investors ready their return to Korean stock market but with bet on declines

Investors are readying their return to the stock market in South Korea, encouraged by the rosy outlook for secondary battery stocks, but more retail...

FarmHannong's new herbicide enters the Pakistani market

FarmHannong's new herbicide enters the Pakistani market

South Korea's agricultural chemical company FarmHannong Co. announced on Thursday that its new herbicide Terrad'or will enter the Pakistani market. ...

SK C&C partners with Storm Ventures to discover promising B2B startups

SK C&C partners with Storm Ventures to discover promising B2B startups

South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and c...

S.Korean Openedges’ chip IP licensed by Toyota affiliate Aisin

S.Korean Openedges’ chip IP licensed by Toyota affiliate Aisin

Openedges Technology, South Korean semiconductor design intellectual property (IP) platform, announced on Wednesday that it has entered into a vehic...

Samsung unveils full 2023 new smart monitor lineup

Samsung unveils full 2023 new smart monitor lineup

Samsung Electronics Co. will release a new lineup of smart monitors with significantly enhanced home office and personalized features.According to S...

Korean shipbuilders yield No.1 spot to Chinese rivals in March

Korean shipbuilders yield No.1 spot to Chinese rivals in March

Korean shipbuilders were outstripped by China in shipbuilding orders and backlogs last month, according to UK-based shipping industry specialist Cla...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal