Samsung top in world smartphone market in Q1, beating Apple

Samsung Electronics Co. regained the top spot in the smartphone market, surpassing Apple in the first quarter of 2023. This outcome was driven by th...

Craft brewery startups poised to revolutionize brew scene in South Korea

Craft beers and highballs from emerging breweries and distilleries are poised to disturb the South Korean alcoholic beverage market dominated by gia...

Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath

TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...

S.Korea to design proven type reactor of nuclear fusion power

South Korean government has initiated the design phase for a nuclear fusion power proven type reactor, taking a significant step toward harnessing n...

LG Electronics eyes premium market in Saudi Arabia, India

LG Electronics Inc. will seek out new business opportunities as a premium brand in Saudi Arabia for the oil-rich kingdom’s $500 billion Neom m...

LS Cable, Hanwha to build S.Korea’s largest offshore wind farm

South Korea's LS Cable & System announced on Wednesday that it has been selected as the priority negotiator for the supply of submarine cables f...

Hyundai to supply 1,300 hydrogen buses in Seoul by 2026

Hyundai Motor Co., along with South Korean Ministry of Environment, the Seoul Metropolitan Government, SK E&S and Tmap Mobility, signed a memora...

CAPA: Dong-A ENG Co.

Key facts:- Industry: Mass-production mold design and manufacturing/machinery manufacturing- Mainstay products/services: Automotive interior molds, GM...

Korean Air says it can conclude Asiana takeover via big concessions

The head of Korean Air Lines Co. has expressed confidence over the airliner's proposed acquisition of Asiana Airlines, saying, "We will make it happ...

Doosan Bobcat invests in US-based agtech company

Doosan Bobcat, the construction and agricultural machine making affiliate of South Korea’s Doosan Group, has announced on Wednesday a str...

Dong-A Eng Co.

Key facts Main Business Industrial mold design and manufacturing / machinery manufacturing212.1 Millions USE(Automated Optical Inspection; AOI...

Korean investors’ risky bet: Buy inverse ETFs as Kospi heads higher

 Among the most cited stock market sayings by experts and laymen alike are “buy the dips” or “sell on news” – tim...

S.Korean beauty brands lean toward social media stars

AmorePacific Corp.'s new brand launch in February with top South Korean social media influencer Lee Sa-bae created a sensation in the domestic cosme...

Korean LCC Air Premia to spur growth through IPO, more aircraft

Air Premia Inc., a South Korean low-cost carrier (LCC) that was established in 2017 and started flight operations last July, is gearing for fast gro...

Bredis Healthcare, Tilda win June D.Day, Korea’s oldest startup pitch race

An early-stage startup by young entrepreneurs who developed a digital diagnostic tool for brain disease and an AI-powered business optimization prog...

Korean startups opt for Konex, loans for survival during IPO winter

South Korea's anemic initial public offering market has forced the country’s startups to become more creative in raising funds as they shift t...

SKIET signs deal to supply secondary battery separators to N.America

SK IE Technology Co. (SKIET), an SK Innovation-affiliated manufacturer of secondary battery separators, is set to move into the North American marke...

Korean carmakers' May sales grow for 9th straight month

South Korean carmakers marked sales growth for nine consecutive months as of end-May with the easing of the global semiconductor shortage and rising...

Optimism and hope for South Koreans

I sometimes receive emails from Koreans asking why I don’t consider some of the more troubling social issues their country faces when I am pla...

S.Korea opens logistics center at Surabaya port, Indonesia

South Korea said it opened a logistics center at a port in Surabaya, Indonesia, to support exports to Southeast Asia’s top economy.The Ministr...

HD KSOE secures $938 mn contract for 5 LNG-powered container ships

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., said on Thursday that i...

South Korean game developers expand business with IPs

South Korean game developers are expanding their business portfolios through their intellectual property to boost profits with a goal to create glob...

HD Hyundai Oilbank to build eco-friendly power plants

South Korea's HD Hyundai Oilbank is pursuing the construction of eco-friendly power plants powered by liquefied natural gas and blue hydrogen.The co...

BTS’ 10th anniversary T-shirts to go on sale June 12

South Korean fashion platform W Concept announced on Thursday that it will release a limited number of T-shirts commemorating the 10th anniversary o...

Korean AI startup ActionPower poised to outdo OpenAI, Google: CEO

ActionPower Corp. founded in 2016 is small and young compared to Big Tech companies or heavily funded startups like OpenAI but it is mighty enough t...

Hyundai doubles down on green bus push against Chinese ascent

Hyundai Motor Co. is expected to start remodeling its conventional bus production facility at home this fall to ramp up zero-emission and low-floor ...

Funds with high exposure to Nvidia, Samsung yield higher returns

It's time again to snap up semiconductor stocks – the market darlings these days.Just like its global peers, including the New York Stock Exch...

S.Korean overseas card spending near pre-COVID-19 levels

South Korean residents’ overseas card use jumped in the first quarter to nearly recover levesl before the outbreak of COVID-19 on rising inter...

KAI joins project to develop hydrogen-powered aircraft

South Korea's aerospace and defense company Korea Aerospace Industries Ltd. (KAI) on Wednesday said it joined a project of industry, academic and re...

North Korean spy satellite fails to reach space

SEOUL -- North Korea’s first military satellite crashed into the Yellow Sea and failed to launch into space, Pyongyang’s state media sai...