Hanmi Semiconductor wins $110 mn HBM equipment order from SK Hynix
South Korean chip equipment company Hanmi Semiconductor Co. announced on Friday that it has received an order from SK Hynix Inc. for its dual TC bon...
Nara Space selected as IPEF's top-100 climate startups
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it was selected as one of the top-100 climate tech startup...
LG Uplus, GIST to build metaverse campus
South Korea's LG Uplus Corp. announced on Thursday a business agreement with the Gwangju Institute of Science and Technology (GIST) to develop a uni...
Affinity fails in Lock&Lock tender offer; eyes equity swap
Hong Kong-based Affinity Equity Partners is planning for an equity swap between its new entity and South Korean food container maker Lock&Lock...
Shinsegae, CJ to tie up for product delivery, food launch
Retail-focused Shinsegae Group is set to outsource delivery services and logistics management for its e-commerce platforms such as SSG.COM and Gmark...
South Korean steelmakers run plants only at night as demand plummets
South Korea’s major steelmakers are running their plants only at night to cut costs as demand for rebars, or reinforced bars, widely used in t...
CJ Logistics, Libiao Robotics partner to co-work for robotic system
South Korea's CJ Logistics said on Tuesday that it signed a memorandum of understanding (MOU) to establish a strategic partnership with global rob...
IGIS fund defaults on loan linked to German office
A 370-billion-won ($270 million) real estate fund managed by IGIS Asset Management Co. faces a heavy loss from its investment in Trianon, a landmark...
Sampyo Group enters automated robotic parking business
South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...
SK Gas eyes commercial operations of LNG power plant in 2nd half
SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier seeking to transform into a clean energy company, has moved a step c...
Korean Air expects US approval for Asiana merger by end-Oct: report
Korean Air Lines Co., South Korea’s No. 1 full-service carrier, expects to gain full approval from the US government by the end of October to ...
LG Uplus analyzes ad performance with GenAI
South Korea's LG Uplus Corp. announced on Monday that it has introduced generative AI technology to its integrated advertising platform U+AD, adding...
Naver's online comics unit eyes Nasdaq listing in June
South Korea’s online portal giant Naver Corp. is planning to list its Los Angeles-based affiliate Webtoon Entertainment Inc. on the Nasdaq thi...
NPS to cut Korean stock allocation to 13% by 2029
South Korea’s National Pension Service (NPS), also the world’s third-largest pension fund, will gradually reduce the proportion of its l...
OTT platform TVing gets tailwind from CJ ENM's TV series
TVing, the second-largest over-the-top (OTT) platform in South Korea, has been gaining momentum from hit series such as “Lovely Runner,”...
Korean catering firm Ourhome CEO to leave amid sibling feud
South Korea’s catering service provider Ourhome Ltd. Chief Executive and Vice Chairwoman Koo Ji-eun has failed in her attempt to serve another...
Nara Space attracts $14.5 mn series B investment
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it attracted a 20 billion won ($14.5 million) series B inv...
Korean shopping mecca Dongdaemun Market's vacancy rates soar
Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...
Kakao Mobility, Archer to collaborate for K-UAM commercialization
South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...
Line Games to launch The Play of Genesis in Taiwan, Hong Kong
South Korea's Line Games Corp. announced on Friday that it signed a publishing agreement with Vietnam's tech giant VNG for the mobile game The Play ...
Samsung gets new tech certification for air purifier filter
Samsung Electronics Co.'s air purifier filter technology obtained the New Excellent Technology (NeT) certification from the Korea Agency for Technol...
KOTRA opens K-Tech Camp in Paris
The Korea Trade-Investment Promotion Agency (KOTRA) announced on Thursday that it established the Paris K-Tech Camp in Paris, France on May 23.KOTRA...
Nvidia beats Tesla to emerge as top foreign stock held by Koreans
Nvidia Corp., the global top artificial intelligence chip leader, overtook Tesla Inc., the world’s second-largest electric vehicle maker, to b...
LX Pantos to enter Indonesian resource logistics market
South Korea's LX Pantos said on Thursday that it signed a joint venture (JV) agreement with KSA, Indonesia's largest bulk carrier, to tap into the S...
Korean biotech Bertis to join BIO 2024 for global reach
South Korean biotech Bertis Inc. will deliver presentations at the BIO International Convention, one of the world’s largest bio and healthcare...
S.Korea, UAE sign economic partnership, reaffirm $30 bn investment
South Korea and the United Arab Emirates on Wednesday signed a comprehensive economic partnership agreement (CEPA) to facilitate bilateral trade aft...
Korea’s HD Hyundai Electric wins $60 mn transformer deal in UK
South Korea’s electric equipment maker HD Hyundai Electric Co. said on Wednesday it has won a power transformer supply deal worth 47.1 million...
Mega Coffee to open first store in Mongolia
South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...
Samsung to deepen foray in US HVAC market with Lennox
Samsung Electronics Co. will set up a heating, ventilation and air conditioning (HVAC) joint venture with Lennox International Inc., a major US HVAC...
L&F, CNGR to collaborate to respond to US IRA
L&F Co., South Korea’s major cathode supplier announced Tuesday that it signed a memorandum of understanding (MOU) with Chinese precu...
