S.Korea wary of tougher US anti-China moves for chipmakers

S.Korea wary of tougher US anti-China moves for chipmakers

South Korean President Yoon Suk Yeol on Monday kicked off a six-day state visit to the US with a tough assignment: finding diplomatic solutions for ...

LG Elec to strengthen its direct-to-consumer sales strategy

LG Elec to strengthen its direct-to-consumer sales strategy

South Korea's LG Electronics Inc. is strengthening its direct-to-consumer (D2C) strategy and expanding its lineup of low- to mid-priced products to ...

SocGen dumps Korean stocks, likely due to client margin calls

SocGen dumps Korean stocks, likely due to client margin calls

Société Générale S.A. (SocGen) on Monday dumped South Korean shares sending their prices to daily limit lows, which loca...

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...

LG Electronics to bolster B2B to transform into software company

LG Electronics to bolster B2B to transform into software company

LG Electronics Inc., South Korea’s home appliance giant, will expedite its push to transform from a white goods manufacturer into a digital so...

SK On to spend $352 million to mass produce solid-state batteries by 2028

SK On to spend $352 million to mass produce solid-state batteries by 2028

South Korean battery maker SK On Co. said on Monday it will spend 470 billion won ($352 million) to begin mass production in 2028 of solid-state bat...

Korean E-Land unites fast fashion units for China biz growth

Korean E-Land unites fast fashion units for China biz growth

South Korea’s major retailer E-Land Group has consolidated one of its fast fashion brand's operations at home and in China to accelerate growt...

More Korean LPs look to buyouts, special situations for private equity

More Korean LPs look to buyouts, special situations for private equity

Healthcare continued to be the preferred sector for South Korean institutional investors this year as it was last year, a survey found. Meanwhile, the...

Hyundai Mobis test-drives 'crab walking car' on public roads

Hyundai Mobis test-drives 'crab walking car' on public roads

South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...

HD Hyundai Infracore releases first S.Korean made bulldozer in 24 years

HD Hyundai Infracore releases first S.Korean made bulldozer in 24 years

HD Hyundai Infracore Co. a construction equipment affiliate of South Korea’s HD Hyundai Group, on Sunday said it launched its new bulldozer br...

Samsung Display to use waste glass in cement to erect new HQ

Samsung Display to use waste glass in cement to erect new HQ

South Korea's Samsung Display will use recycled cement using waste glass from the display production process to build a new headquarters.The company...

Korean shipyards feel tailwind from emission rules

Korean shipyards feel tailwind from emission rules

Tighter environmental rules and higher energy prices are providing tailwinds for South Korean shipbuilders, which have swept orders for eco-friendly...

Samsung faces $303 mn jury verdict in memory patent lawsuit in US

Samsung faces $303 mn jury verdict in memory patent lawsuit in US

Samsung Electronics Co. lost a semiconductor patent infringement lawsuit filed in the US. The South Korean company received a jury verdict to pay ab...

iMarket Korea, Taylor city in Texas sign MOU for business agreement

iMarket Korea, Taylor city in Texas sign MOU for business agreement

iMarket Korea, South Korean distributor of industrial materials,  said on Friday that it has signed a memorandum of understanding (MOU) with th...

Ransomware attacks targeting S.Korean companies on sharp rise

Ransomware attacks targeting S.Korean companies on sharp rise

Global hacker groups' ransomware attacks against domestic companies and organizations in the first quarter of this year have been revealed to total ...

LG Elec gets open-source software security certification

LG Elec gets open-source software security certification

South Korean electronics giant LG Electronics Inc. announced on Friday that it has been recognized as a company that complies with the "Internationa...

Lotte Biologics invests in S.Korean bio-venture Pinotbio

Lotte Biologics invests in S.Korean bio-venture Pinotbio

South Korea’s Lotte Biologics Co. said on Friday that it has made an equity investment in Pinotbio, Inc. for the development of antibody-drug ...

POSCO, three telcos to build communication systems against disasters

POSCO, three telcos to build communication systems against disasters

South Korean steel giant POSCO said on Friday that it has signed a memorandum of understanding (MOU) with three domestic telecommunications companie...

Celltrion Healthcare enters top 10 in hospital prescriptions in Turkey

Celltrion Healthcare enters top 10 in hospital prescriptions in Turkey

South Korean biopharmaceutical company Celltrion Healthcare Co. on Thursday said it ranked in the top 10 out of 400 companies last year on the Turki...

Samsung, LG show Korean War hero tribute videos on Times Square

Samsung, LG show Korean War hero tribute videos on Times Square

A tribute video to honor Korean and U.S. veterans of the Korean War started screening on billboards in New York’s Times Square on Thursday. Th...

Korean won near 5-month low despite weak dollar; outlook dark

Korean won near 5-month low despite weak dollar; outlook dark

The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundamen...

Asleep dreams big to help sleepless people worldwide find right treatment

Asleep dreams big to help sleepless people worldwide find right treatment

Armed with artificial intelligence and big data technologies, Asleep hopes to find the best treatment for sleep-deprived people around the world wit...

POSCO Future M to issue $226 mn Korean green bonds

POSCO Future M to issue $226 mn Korean green bonds

South Korea's battery component maker POSCO Future M Co. (formerly POSCO Chemical) announced on Friday that it will issue 300 billion won ($226 mill...

CJ OliveNetworks opens S.Korea's first logistics center with 5G

CJ OliveNetworks opens S.Korea's first logistics center with 5G

South Korea's digital service company CJ OliveNetworks on Thursday said it set up the mobile communications network "Ieum 5G" exclusively for busine...

S.Korean firms applies for record-high 76,592 patents abroad in 2022

S.Korean firms applies for record-high 76,592 patents abroad in 2022

The Korean Intellectual Property Office (KIPO) on Thursday said the number of patents filed overseas by domestic companies last year set a record-hi...

S.Korean gov't unveils $424 mn strategy to boost software, AI industries

S.Korean gov't unveils $424 mn strategy to boost software, AI industries

South Korean government has announced plans to invest about 563 billion won ($424 million) in bolstering the domestic software and artificial intell...

Another war in Russia: Hyundai, Kia versus Chinese carmakers

Another war in Russia: Hyundai, Kia versus Chinese carmakers

In Russia, which is in a state of war against Ukraine, there’s another war going on. This time, the war is between South Korea’s two lar...

S.Korea to inject $15 bn in rechargeable battery sector by 2030

S.Korea to inject $15 bn in rechargeable battery sector by 2030

South Korea will invest 20 trillion won ($15.1 billion) in the rechargeable battery sector by 2030 to widen its technology gap with global competito...

Indonesia's Green Rebel enters S.Korean alternative meat market

Indonesia's Green Rebel enters S.Korean alternative meat market

Indonesia-based food tech startup, Green Rebel Foods, made public its official entry into the Korean plant-based protein food market. Bryan Toh, Glo...

Korea Tourism Organization to host K-Tourist Festival in Japan

Korea Tourism Organization to host K-Tourist Festival in Japan

The Korea Tourism Organization announced on Thursday that it will hold a "K-Tourism Festival" on Apr. 21-22 in Hiroshima and Fukuoka, the key market...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot