S.Korea sees under 10 mn Facebook users per month: Report
The number of monthly users in South Korea of the Meta-run social media platform Facebook last month fell to under 10 million.Mobile Index, a big da...
Hyundai Motor spins off 4 in-house startups in mobility, AI, data
Hyundai Motor Group has spun off four new in-house startups, including MOBINN with autonomous driving technology and APLAYS with AI-powered music cu...
AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation
AhnLab Inc., a computer security solutions provider in South Korea, announced on Thursday that its smartphone security solution "V3 Mobile Security"...
Kyochon F&B opens new store at Kuala Lumpur Airport
South Korea's fried chicken chain Kyochon F&B is spreading its wings in Malaysia, where it has recently opened a new store at the bustling Kuala...
SK Networks invests $22 mn in US AI-based device company
South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, ...
Foreign investors net buyers of Korean stocks for 5th straight month
Foreign investors bought more South Korean stocks in February, extending their buying spree to five months.The Financial Supervisory Service of Kore...
Lunit to supply AI image analysis solutions to Singapore
South Korea's Lunit Inc., an artificial intelligence (AI) medical company, announced on Wednesday that it has secured a contract to provide Lunit In...
Kumho Petrochem wins BB rating from MSCI's ESG ratings
Kumho Petrochemical Co. announced on Wednesday that it had received a "BB rating" in the environmental, social and governance (ESG) evaluation by Mo...
Yoon’s US visit to test Biden’s trust as ally over chip, battery issues
South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years of the Korea-US sec...
SentBe, back from brink of collapse to play in major league
SentBe, a South Korean fintech startup operating a personal international remittance app of the same name, is readying to play in the bigger global ...
KEXIM bank inks $6 billion financing deal with Aramco
The Export-Import Bank of Korea said on Tuesday it has signed a three-year framework agreement with Saudi Arabian Oil Co.(Aramco), to provide up to ...
Medical IP's X-ray image analysis software certified as medical device
Medical IP, a South Korean medical AI company, has announced that its artificial intelligence (AI) medical image analysis software "TiSepX Lung Volu...
S.Korean fashion brands rush to China for pent-up demand
South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...
S.Korea lags Taiwan in GNI per capita for first time since 2002
South Korea’s gross national income (GNI) per capita dropped 7.7% on-year last year, coming in below that of its smaller rival Taiwan for the ...
Korean lawmakers mull higher chip tax credits, battery subsidies
South Korea’s main opposition party will propose higher tax credits and subsidies for domestic chipmakers and battery manufacturers as early a...
Korea's SK Telecom jointly develops AI patrol robots
SK Telecom Co., along with its partner firms, will develop artificial intelligence (AI) robots that will replace security guards patrolling around s...
KTO promotes travel to Korea in ITB Berlin
The Korea Tourism Organization announced on Monday its participation in ITB Berlin 2023, the world's largest tourism fair held in Berlin, Germany, f...
Concerned about CHIPS Act, Korea says US investment less attractive
South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the conditions the US government ...
Apple Pay's S.Korea debut as early as third week in March
Apple Pay, the mobile payment service by iPhone maker, is set to launch in as early as two weeks in South Korea, home to the world’s largest s...
Jeju Air teams up with startup Plana to explore urban air mobility
Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...
S.Korean inflation rises at slowest rate in 10 months in February
South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product prices but utility p...
Mirae Asset, music profit-sharing startup take on security token offerings
South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of understanding (MOU) with ...
LG Electronics wins US air conditioning award for 7th year
LG Electronics Inc. said on Monday that it has won a performance award from the Air-Conditioning, Heating & Refrigeration Institute (AHRI), a US...
Dongsuh Foods applies green certification package to products
South Korea's food processing company Dongsuh Foods Corporation announced on Monday the launch of new green technology-certified packaging.This gree...
S.Korea-Indonesia central banks renew currency swap agreement
Central banks of South Korea and Indonesia renewed a bilateral local currency swap arrangement to keep supporting trade and financial cooperation fo...
Hanwha Systems tests AESA radar system for Korean fighter jet
Hanwha Systems Co., a South Korean defense and IT service company, said on Sunday that it had installed and tested its own radar system on a prototy...
Samsung Bioepis launches ARMD biosimilar drug in Germany, Canada
Samsung Bioepis Co., a South Korean biosimilar firm, announced on Sunday that it has recently launched a new biosimilar drug called SB11 for the tre...
Celltrion ex-Chairman Seo set to return to management; group stocks rally
South Korea’s biosimilar giant Celltrion Group’s founder and Honorary Chairman Seo Jung-jin is readying to return to management just two...
South Korean tire makers raise prices despite weak sales
South Korea’s three largest tire makers are raising product prices despite their weak sales in anticipation of an imminent market rebound amid...
Samsung SDI, GM to build $3.8 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors Co., spending about 5...
