SK On signs tech transfer with Solid Power
SK On Co., a battery affiliate of South Korea's SK Group, announced on Wednesday that it has signed a technology transfer agreement with the US-ba...
SK Gas, SK D&D to venture into US ESS market with Apex
SK Gas Ltd. and SK D&D Co. will build their first-ever energy storage system (ESS) facility in the US that can power 39,000 homes daily via a jo...
Hyundai Motor to launch advanced vehicle platform R&D division
South Korea’s top automaker Hyundai Motor Group will launch an advanced vehicle platform (AVP) research and development division, combining it...
Samsung, LG go head-to-head in AI components market
Samsung Electro-Mechanics Co. and LG Innotek Co., two major South Korean suppliers for Apple iPhones, are going head-to-head in the artificial intel...
Korean wind power companies foresee tailwind from Taiwan, US
South Korean wind power companies such as SK oceanplant Co., HD Hyundai Electric Co. and CS Wind Corp. are expected to get a tailwind from Taiwan&rs...
Tata Daewoo triumphs in global market with 40% export surge
South Korea's Tata Daewoo Commercial Vehicle Company (TDCV) achieved remarkable success last year by exporting 40% of its total sales, despite the g...
Korea Investment leads Mongolia Mortgage Corp.'s global bond issuance
Korea Investment & Securities Co. (KIS) announced on Tuesday its successful completion of the lead management for a $225 million global bond iss...
Samsung looks to beat Apple with AI phones
With the Galaxy S24, Samsung Electronics Co.'s new flagship smartphone series, searching for real-time information and translation on the phone will...
Daesang launches alternative sweetener brand Sweevero
South Korean food company Daesang Corp. announced on Tuesday that it is launching the integrated brand "Sweevero" for alternative sweeteners like al...
Mojave Proving Ground: Backbone of Hyundai, Kia’s success in US
CALIFORNIA CITY, Calif. – The Mojave Desert, known by locals as the "high desert," lies some 170 km northeast of Los Angeles, California. In t...
WeWork’s downsizing plan in Korea to hit office market
Coworking space provider WeWork Inc. plans to downsize its business in South Korea, according to banking sources on Sunday. Market watchers say inve...
Lotte Chem’s sale of Pakistani PTA unit falls through
Lotte Chemical Corp.'s plan to sell off its Pakistani PTA subsidiary to local chemicals producer Lucky Core Industries Ltd. has collapsed, a year af...
Billboard to establish subsidiary in S.Korea in June 2024
The globally recognized American music entertainment media brand Billboard, known for its music charts, has announced the launch of its South Korean...
NPS bets on Samsung Electro-Mechanics, sells POSCO stocks in Q4
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, saw the amount of listed local shares it owns rise...
JW Pharma takes gout drug Epaminurad to Malaysia for phase 3
South Korea's JW Pharmaceutical Corp., announced on Monday that it has received approval from the Malaysian National Pharmaceutical Regulatory Age...
Former Hyundai Mobis CEO embarks on ISO president term
In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...
LG Elec opens its first overseas EV charger plant in Texas
South Korea’s LG Electronics Inc. has opened its first overseas EV charger factory in Fort Worth, Texas. The move comes as the global home app...
Rise of Korean activist investors at home
As the annual general shareholders’ meeting season is approaching fast, publicly traded companies in South Korea are readying for a swath of p...
Naver unveils reports of Qatar Asian Cup utilizing AI
South Korea's Naver Corp. announced on Friday that it has published AI Scout Report for the Asian Football Confederation (AFC) Asian Cup 2023, which...
Foreign-listed bitcoin ETF trading suspended in S.Korea
South Korean investors’ years-long trading of spot-bitcoin exchange-traded funds (ETFs) listed in Canada and Germany was abruptly suspended du...
SK Networks invests $19 mn in AI startup Upstage
South Korea's SK Networks Co. announced on Friday that it has invested 25 billion won ($19.02 million) in the domestic artificial intelligence (AI...
Hyundai unveils IONIQ 5 N concept NPX1 in Japan
Hyundai Motor Co. announced on Friday that it unveiled the high-performance electric vehicle (EV) IONIQ 5's N Performance Concept model NPX1 for the...
SK Telecom considers adding LLM to iPhone recording app
LAS VEGAS -- SK Telecom Co. is considering adding a large language model (LLM) to its iPhone call-recording app for the first time in the industry, ...
Yonsei Cream Milk Bread to be launched in Taiwan
Yonsei Milk, a non-profit social contribution company of South Korea's Yonsei University, announced on Friday that it will export its mega-hit des...
Taeyoung becomes 1st Korean builder in debt workout in decade
The vast majority of creditors to Taeyoung Engineering & Construction Co. (Taeyoung E&C) have agreed to start debt restructuring for the tro...
S.Korea to probe Chinese batteries' alleged patent violations
South Korea will investigate alleged patent infringement by Chinese makers of smartphone batteries and high-nickel cathodes upon requests by LG Chem...
Hyundai, Samsung-backed startups vie for spotlight at CES
LAS VEGAS – At CES, big tech names often take center stage but this is also a dream place for underdogs to become rising stars with unconventi...
Korea's Cosmax strengthens business in Middle East, Africa
Cosmax Inc., South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), is embarking on a full-scale entry in...
BOK hints at policy rate peak but in no hurry to cut rates
South Korea’s central bank on Thursday hinted its policy rate may have peaked after leaving the rate unchanged for the eighth straight meeting...
Celltrion revises up earnings goals to overtake Amgen
Celltrion Inc., South Korea's leading biosimilar maker, on Wednesday expressed its ambition to join the global top 10 biotech and pharmaceutical com...
