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Hanwha Solutions receives green certification for recycled plastic materials

Hanwha Solutions receives green certification for recycled plastic materials

South Korean chemical and renewable energy firm Hanwha Solutions Corp. announced on Tuesday that it has received a global certification for its recy...

FADU joins ranks of unicorns as S.Korea’s first fabless chip firm

FADU joins ranks of unicorns as S.Korea’s first fabless chip firm

FADU Technology has become South Korea’s first fabless semiconductor unicorn after successfully raising funds from share sales before its init...

Naver’s HyperCLOVA X: More Korean-proficient than ChatGPT

Naver’s HyperCLOVA X: More Korean-proficient than ChatGPT

South Korea’s online giant Naver Corp. will unveil an updated version of its AI platform HyperCLOVA, HyperCLOVA X, which it said better unders...

Korea SMEs, Startups Agency cooperates with India's IIT

Korea SMEs, Startups Agency cooperates with India's IIT

The Korea SMEs and Startups Agency announced on Monday that it had signed a business agreement with the Foundation for Innovation and Technology Tra...

Dubai delegation conducts due diligence on Medytox's plant in Korea

Dubai delegation conducts due diligence on Medytox's plant in Korea

South Korea's biopharmaceutical firm Medytox Inc. said on Monday that a high-level delegation led by Dubai Science Park (DSP) under Dubai's state-ow...

SK Signet lands EV charger contract in US

SK Signet lands EV charger contract in US

SK Signet Inc., an affiliate of South Korea's SK Group that makes and sells electric vehicle (EV) chargers, on Monday said it received its first ord...

China's CDFG targets duty free operation at Incheon Airport

China's CDFG targets duty free operation at Incheon Airport

China Duty Free Group Co. (CDFG), the only state-owned duty free business manager in China, has joined a bid alongside four South Korean retail gian...

Boryung signs deal with Stendhal to launch hypertension drug in Mexico

Boryung signs deal with Stendhal to launch hypertension drug in Mexico

Boryung, a South Korean pharmaceutical company, said on Monday it had signed a deal with Stendhal SA de CV, a Mexican medical specialty company, to ...

S.Korea’s SK Telecom to advance AI tech through partnerships

S.Korea’s SK Telecom to advance AI tech through partnerships

BARCELONA -- SK Telecom Co. plans to develop world-class artificial intelligence technology through partnerships with companies of Korean descent at...

Hyundai Elevator cuts breakdowns with AI prediction technology

Hyundai Elevator cuts breakdowns with AI prediction technology

South Korea’s No. 1 elevator maker Hyundai Elevator Co. said on Monday it had reduced the number of stoppages and breakdowns of its elevators ...

SillaJen starts US trial of anti-cancer drug from Basilea

SillaJen starts US trial of anti-cancer drug from Basilea

SillaJen Inc. said on Monday it has enrolled the first patient in a US phase 1 trial of an anti-cancer drug BAL0891 licensed from Swiss drugmaker Ba...

Kakao Brain to launch investment fund for AI startups

Kakao Brain to launch investment fund for AI startups

Kakao Brain, a South Korean artificial intelligence (AI) company owned by Kakao Corp., said on Sunday it plans to set up a fund of up to 10 billion ...

LG Elec honored with BPW Gold Award for advancing gender equality

LG Elec honored with BPW Gold Award for advancing gender equality

LG Electronics Inc. announced on Sunday that it has been honored with the 28th BPW Gold Award from the Korea Federation of Business & Profession...

Hyundai Steel's sustainability report wins gold prize in US

Hyundai Steel's sustainability report wins gold prize in US

South Korea's steelmaker Hyundai Steel announced Sunday that its integrated report 2022 Beyond Steel has been recognized for its excellence by a wor...

GM Korea begins mass production of Trax crossover

GM Korea begins mass production of Trax crossover

General Motors Korea announced on Sunday that it celebrated the start of mass production of the Chevrolet Trax Crossover, a new utility vehicle, at ...

Korea's SeAh poised to supply satellite parts to SpaceX

Korea's SeAh poised to supply satellite parts to SpaceX

SeAh Changwon Integrated Special Steel Co. is in negotiations with SpaceX to supply steel used for rockets and satellites to become South Korea's fi...

S.Korea’s LG Uplus, Dell to develop open RAN platform tech

S.Korea’s LG Uplus, Dell to develop open RAN platform tech

South Korea’s third-largest mobile carrier LG Uplus Corp. and global IT giant Dell Technologies are set to jointly develop an open radio acces...

Korean firms scurry to expand nickel, lithium supply chains

Korean firms scurry to expand nickel, lithium supply chains

South Korea’s leading companies such as SK, POSCO, LG and LX are scurrying to expand their supply chains for lithium and nickel, key raw mater...

Samsung, SK Hynix face cap on tech level of chips made in China

Samsung, SK Hynix face cap on tech level of chips made in China

WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...

Korean Air, KIMS jointly develop stealth aircraft materials and parts

Korean Air, KIMS jointly develop stealth aircraft materials and parts

Korean Air and The Korea Institute of Materials Science (KIMS) have agreed to cooperate in developing aircraft materials and parts technology togeth...

S.Korean firms with focus on emerging Asia to shine

S.Korean firms with focus on emerging Asia to shine

South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as their revenue from t...

US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle

US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle

Following its lawsuit against Daewoong Pharmaceutical, South Korea's Medytox Inc. is waging an all-out legal war against domestic counterpart Hugel ...

KT CEO Ku Hyeon-mo drops reelection bid as controversy flares

KT CEO Ku Hyeon-mo drops reelection bid as controversy flares

KT Corp. Chief Executive Ku Hyeon-mo has abandoned his ambitious bid to lead South Korea’s largest telecommunications company for another thre...

Hyundai Motor Group's 23 vehicle models win Editor's Choice Awards

Hyundai Motor Group's 23 vehicle models win Editor's Choice Awards

Hyundai Motor Group made an announcement on Thursday, saying that its major vehicles had been selected as the best models at the 2023 Editor's Choic...

BOK holds rates as it lowers growth, inflation forecasts

BOK holds rates as it lowers growth, inflation forecasts

South Korea’s central bank held its policy interest rate unchanged on Thursday as it slashed forecasts for economic growth and inflation altho...

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung Electronics Co. announced on Thursday that it has successfully completed the opening of a 5th-generation mobile communications (5G) pilot ne...

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company to join the Global U...

Samsung’s old textile mill transformed into idea accelerating lab

Samsung’s old textile mill transformed into idea accelerating lab

Samsung Electronics Co. has opened its first regional C-Lab Outside campus in Daegu – where its founder Lee Byung-chull started his first busi...

S.Korean investors eye VC, growth equity in tech: Adams Street

S.Korean investors eye VC, growth equity in tech: Adams Street

Many investors are questioning whether private markets will stay bullish amid uncertainty in 2023. The markets will continue to generate interesting...

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon Co., a South Korean steelmaker and a unit of POSCO Group, said on Wednesday that its biomass color steel plate has been certified as ...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

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