Krafton, Naver eye Overdare as S.Korea's answer to Roblox

Krafton, Naver eye Overdare as S.Korea's answer to Roblox

South Korea's game company Krafton Inc. and Naver Z, a metaverse unit of the country’s portal giant Naver Corp. on Thursday said they will u...

Hankook Tire to supply tires for BYD's electric truck

Hankook Tire to supply tires for BYD's electric truck

Hankook Tire & Technology announced on Thursday that it will supply the Hankook RA08, a tire for a small truck to China's BYD 1-ton electric tru...

POSCO seeks partnership with CF Industries to produce blue ammonia

POSCO seeks partnership with CF Industries to produce blue ammonia

South Korea’s POSCO Holdings Inc. is seeking to produce blue ammonia in partnership with CF Industries Holdings Inc., the world’s larges...

Hyundai Mobis showcases trailer reverse assistance system in US

Hyundai Mobis showcases trailer reverse assistance system in US

South Korea's automotive parts maker Hyundai Mobis is boosting its presence in North America by unveiling technologies tailored for the market such ...

Lotte Mart at Seoul Station redesigned to lure foreign shoppers

Lotte Mart at Seoul Station redesigned to lure foreign shoppers

South Korea’s Lotte Mart reopened its hypermarket at Seoul train station on Thursday following a four-month renovation to attract more foreign...

LG Uplus pet care platform's subscribers exceed 300,000

LG Uplus pet care platform's subscribers exceed 300,000

South Korea's LG Uplus Corp. announced on Thursday that its pet service platform ForDong has garnered over 300,000 subscribers just 14 months sinc...

Samsung C&T sells 3GW solar energy project in US to local firm

Samsung C&T sells 3GW solar energy project in US to local firm

Samsung C&T Renewables, the renewable energy corporation of South Korea's Samsung C&T Corp. in the US, announced on Thursday that it has s...

S.Korean travel guide featuring BTS published

S.Korean travel guide featuring BTS published

The Korea Economic Daily (KED) on Tuesday released The Purple Road, a tourist guide of South Korea highlighting places where the seven members of ...

Hanwha Aerospace to develop engine materials for military UAVs

Hanwha Aerospace to develop engine materials for military UAVs

South Korea’s Hanwha Aerospace Co. on Wednesday said the Korea Research Institute for Defense Technology Planning and Advancement has named th...

CJ CheilJedang expands its marketing of seaweed snacks in UK

CJ CheilJedang expands its marketing of seaweed snacks in UK

South Korea's CJ CheilJedang Corp. announced on Thursday that its "Bibigo Seaweed (Gim) Snack" has entered the UK food market through Asda and Ocado...

Hanmi Science joins race to develop Wegovy competitor

Hanmi Science joins race to develop Wegovy competitor

Hanmi Science Co., the holding company of South Korea’s pharmaceutical giant Hanmi Pharmaceutical Co., has joined the global race to develop t...

Want to buy an iPhone 15 in South Korea? Pay more

Want to buy an iPhone 15 in South Korea? Pay more

During the unveiling of the much-anticipated iPhone 15 series on Tuesday, Apple Inc. said its newest product line is in same price range as its prev...

HD Hyundai Infracore gets 131 Develon orders from Saudi, Brazil

HD Hyundai Infracore gets 131 Develon orders from Saudi, Brazil

South Korea's HD Hyundai Infracore Co. announced on Wednesday that it has recently secured orders for 131 units of its own brand Develon excavator...

IMM PE invites potential buyers for Genuone worth $752 mn

IMM PE invites potential buyers for Genuone worth $752 mn

South Korea’s top-tier contract drugmaker Genuone Sciences Inc. with an estimated value of up to 1 trillion won ($752 million) is smooth saili...

AriBio to sell dementia drug AR1001 in China with partner

AriBio to sell dementia drug AR1001 in China with partner

South Korea's clinical-stage biotech company AriBio Co. on Wednesday said it signed a memorandum of understanding on strategic cooperation with Chin...

Hyundai Glovis to participate in N.America's largest bulk cargo exhibition

Hyundai Glovis to participate in N.America's largest bulk cargo exhibition

Hyundai Glovis Co., the logistics unit of South Korea's Hyundai Motor Group, announced on Wednesday that it will be a participant in Breakbulk Ameri...

SK Ecoplant, S.Korean startup to recycle waste fishing nets in SE Asia

SK Ecoplant, S.Korean startup to recycle waste fishing nets in SE Asia

South Korea’s top waste management company SK Ecoplant has joined forces with Netspa, a Busan-based startup for recycling waste fishing nets, ...

Paris Baguette to open nine new North American stores in Sept.

Paris Baguette to open nine new North American stores in Sept.

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Wednesday that it plans to open nine new stores in North America this...

VaxCell Bio's treatment shows promise for advanced liver cancer

VaxCell Bio's treatment shows promise for advanced liver cancer

South Korea's VaxCell Biotherapeutics Co. on Tuesday said its treatment for advanced liver cancer under development stopped or greatly reduced the g...

Wellmarker Bio signs worth of $528 mn tech transfer deal

Wellmarker Bio signs worth of $528 mn tech transfer deal

Wellmarker Bio, South Korea's oncology drug development company, announced on Monday that it has signed a technology transfer agreement with a Europ...

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...

Hanwha Aerospace to unveil self-propelled howitzer K9A2 in UK

Hanwha Aerospace to unveil self-propelled howitzer K9A2 in UK

South Korea's Hanwha Aerospace Co. announced on Tuesday that it will unveil the latest model of its K9 self-propelled howitzer, the K9A2, at the Def...

LG Energy Solution eyes US market for ESS

LG Energy Solution eyes US market for ESS

South Korea's LG Energy Solution Ltd. is accelerating its entry into the rapidly growing US market for energy storage systems (ESS).The company on T...

Korean retailers boost Mongolia presence with new stores, products

Korean retailers boost Mongolia presence with new stores, products

South Korean retail giants are advancing into Mongolia where Korean food and daily necessities are gaining in popularity among local consumers. Big-...

Korean firms confident they can outpace China in LFP battery race

Korean firms confident they can outpace China in LFP battery race

South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...

Sampyo targets India’s railway track parts market

Sampyo targets India’s railway track parts market

 Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the ...

POSCO Holdings to strengthen collaboration with SNU

POSCO Holdings to strengthen collaboration with SNU

South Korea's POSCO Holdings Inc. signed a memorandum of understanding (MOU) for comprehensive industry-academia collaboration with Seoul National U...

HD Hyundai Electric wins $51 mn deal to power Neom megacity

HD Hyundai Electric wins $51 mn deal to power Neom megacity

HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...

Synthetic diamonds with ESG value lure Korean shoppers

Synthetic diamonds with ESG value lure Korean shoppers

Lab-grown diamonds, cultured in laboratories wth advanced technologies, are garnering attention from South Korean consumers as they are produced mor...

Amorepacific's Laneige debuts in Mexican market

Amorepacific's Laneige debuts in Mexican market

South Korean cosmetics giant Amorepacific Corp. announced on Monday that it is entering the Mexican beauty market with its globally popular skincare...

Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP