HD Hyundai speeds up digital transformation with Naver
HD Hyundai Co. announced on Monday that it signed a business agreement with Naver Corp. for digital transformation (DX), cloud transformation, and a...
LG’s new AI-controlled soundbar to hit US market in March
LG Electronics Inc. will roll out its new flagship soundbar system — powered by AI and 15-channel sound — in North America later this mo...
LG CNS to develop AI platform of S.Korean government
South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Sunday that it plans to develop a government-wide hyperscal...
S.Korean steelmakers mull building electric furnaces in US
Steelmakers are considering building steel mills with electric furnaces in the United States to survive the triple whammy of high tariff barriers, l...
Seoul landmark Donuimun D Tower put up for sale
South Korean real estate firm Mastern Investment Management is set to sell off Donuimun D Tower, a landmark office building in Seoul, for about 900 ...
Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, plans to begin supplying hybrid lenses for automotive camera modules ...
Mathpresso throws down the gauntlet in US edtech market
Mathpresso Inc., a South Korean startup operating the Google-backed learning app Qanda, has released its first study app catering to US university s...
KEXIM, US DOE to support S.Korean green energy firms
The Export-Import Bank of Korea (KEXIM) said on Mar. 7 that it will support domestic firms that aim to enter the American green energy industry with...
Brookfield taps ARA Korea as preferred bidder for Conrad Seoul
Canada’s Brookfield Asset Management Ltd. has selected Seoul-based real estate manager ARA Korea Ltd. as the preferred bidder for five-star ho...
Samsung Asset wins iF Design Award
South Korea's Samsung Asset Management announced on Friday that its exchange-traded fund (ETF) brand KODEX has won the top prize in the communicatio...
NPS to veto adding Hyosung chair, vice chair to board
The National Pension Service (NPS) will veto the appointment of the chairman and vice chairman of Hyosung Corp. as inside board members of the de fa...
Samsung to use recycled neon gas in chip manufacturing
Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...
HD Hyundai Heavy picks Philippines as Asian base for warship sales
South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. (HHI) said on Thursday it has chosen the Philippines as its base for the sale of...
IGIS Asset halts sale process of controlling stake
Key shareholders of South Korea’s IGIS Asset Management Co., one of the largest real estate firms in Asia, have decided to halt the process of...
Taihan Cable to supply UHV network to Balfour Beatty
South Korea's Taihan Cable & Solution Co. announced on Thursday that it will supply an an ultra-high voltage (UHV) power network worth $38 mil...
Hyundai Steel to resume steel production in Russia
South Korea’s Hyundai Steel Co. is expected to resume steel production in Russia two years after it took its plant offline in the country amid...
Korea reclaims top spot in global shipbuilding orders in February
South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...
Hyundai E&C expands foreign alliances in pursuit of UK SMR project
Hyundai Engineering & Construction Co. (Hyundai E&C) has welcomed two British companies to its joint bid with US energy technology company H...
Vivid Health gets seed round from Kakao Ventures
Vivid Health, a South Korean startup that operates an obesity treatment management platform announced on Wednesday that it got a seed round investme...
LG Elec showcases EV chargers optimized for various spaces
LG Electronics Inc. on Wednesday unveiled its electric vehicle charging solutions optimized for homes, commercial spaces and charging stations at 20...
Naver, Aramco to team up to enter Saudi Arabia
South Korea’s online giant Naver Corp. announced on Wednesday that it signed an agreement with Aramco Digital, a subsidiary of the world's lar...
Lotte Insurance's value rises with long-term care expansion
When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...
Hyundai Movex to supply smart logistics for EcoPro BM Canada plant
South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, announced on Wednesday that it signed a 20 bil...
Woori Financial to sponsor MLB Seoul Series
South Korea's Woori Financial Group announced on Tuesday that it will be an official sponsor of the US Major League Baseball World Tour Seoul Series...
Seoul Semiconductor sues Amazon Europe for LED patent infringement
South Korea’s Seoul Semiconductor Co. said on Tuesday it had filed a complaint against multinational commerce giant Amazon with the European U...
Indonesia's KB Bukopin rebranded as KB Bank
Bank KB Bukopin, an Indonesian subsidiary of KB Kookmin Bank, announced on Monday that it rebranded as KB Bank. The corporate name PT Bank KB Buko...
LS Eco Energy to supply UHV cables to Singapore's EMA
South Korea's LS Eco Energy Ltd. announced on Tuesday that its Vietnamese production subsidiary, LS-VINA, will supply 12 billion won ($8.99 million)...
HD KSOE reaches 50% of order target in two months
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Monday that it signed shipbuilding contr...
Mirae Asset to sell Korean treasuries to retail investors
The South Korean government on Monday tapped Mirae Asset Securities Co. as the brokerage chosen to sell treasury bonds, the sale of which will be la...
Hyundai Mobis applies 1,200 future mobility patents in 2023
Hyundai Mobis has strengthened its competitiveness in future mobility by filing numerous patents in the electric and autonomous driving fields.The c...
