Samsung to sell certified refurbished Galaxy phones in Korea

Samsung Electronics Co. plans to sell certified refurbished Galaxy phones in South Korea at prices up to 50% cheaper than brand-new phones, a move e...

SK Square in talks with Qoo10 for joint management of 11Street

SK Square Co., the investment management arm of SK Group, is in talks with Qoo10 Pte. to merge its e-commerce subsidiary 11Street with the Singapore...

NS Shopping to support partner's Indonesian export

South Korean online shopping mall operator NS Shopping Co. announced on Friday it will support the overseas expansion of its partner, Taeyoung.Taeyo...

HD Hyundai develops electric propulsion system for large ships

HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's ...

Theraject Asia applies for microneedle patent in US

South Korean microneedle company Theraject Asia on Thursday said it recently applied for a US patent for a medical microneedle, specifically a const...

Innocean to invest $370 million in new growth drivers

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...

Prepare for long-term, illiquid asset management: Korean investors

South Korean institutional investors said they are preparing for prolonged high interest rates and market uncertainty, building mid- to long-term pl...

Korean garment maker Hansae targets growth amid economic woes

HO CHI MINH CITY – South Korean garment maker Hansae Co. expects to see decent growth in sales and profits next year despite the global clothi...

Neo Chair cements No. 1 spot as office chair brand on Amazon

Neo Chair, almost unheard of in its home country South Korea, is the top-selling office chair brand on Amazon, the world's largest e-commerce platfo...

SK Geo Centric to supply recycled plastic materials to Amcor

SK Geo Centric Co., a South Korean petrochemical company, announced on Thursday it has entered into an agreement to supply recycled plastic material...

LG Elec to launch new business with startup: LG NOVA head

SAN FRANCISCO – LG Electronics Inc. will set up a new business entity focusing on some of its new growth pillars — digital healthcare, c...

Naver succeeds in issuing $133 mn Samurai bonds

South Korea's Naver Corp. announced on Thursday it successfully issued Samurai bonds, becoming the first global IT company to do so. Naver's debut...

LG Chem to manufacture flooring from waste PET bottles

South Korea's LG Chem Ltd. revealed on Thursday its plan to produce an eco-friendly plasticizer derived from discarded polyethylene terephthalate (P...

Stability prioritized over risk-taking assets: Korean investors

South Korean institutional investors increased private lending as interest rates stay higher for longer, while tapping into the secondary market for...

S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal

DOHA -- HD Hyundai Heavy Industries Co., the world’s second-largest shipyard, has won a $3.9 billion deal to build 17 liquified natural gas ca...

Xexymix launches pop-up store in Shanghai BFC Mall

South Korea's media and e-commerce company Brand X Corp. announced on Wednesday its activewear brand Xexymix has opened a pop-up store at the BFC Ma...

South Korean game developers spin off fashion brands

South Korean gaming companies are eyeing the fashion industry in a bid to diversify their revenue sources by broadening the fan base for their popul...

S.Korean public sector's ICT systems to fully convert to cloud

South Korea’s public sector, barring extenuating circumstances, will build its information and communications (ICT) systems in private clouds ...

Medytox to enter China’s botulinum toxin market with Newlux

South Korean pharmaceutical company Medytox Inc. on Tuesday announced its plan to enter the Chinese market for botulinum toxins (BTX) with its cut...

LG Chem opens North America Innovation Center in Georgia

South Korea's LG Chem Ltd. announced on Wednesday it has opened its North America Innovation Center in Georgia, the US. The company also signed a me...

Nvidia invests in Korean generative AI startup Twelve Labs

Nvidia Corp., a global chip designer, made its first investment in a South Korean generative artificial intelligence startup as Big Tech companies G...

HD Hyundai President Chung to deliver keynote at CES 2024

South Korea's No. 1 shipbuilding group’s heir apparent Chung Ki-sun will deliver a keynote speech at the world’s biggest consumer techno...

LG Innotek detects design flaws using AI tech

South Korean electronic parts manufacturer LG Innotek announced on Tuesday it has implemented an artificial intelligence (AI) analysis system to qui...

Mobile carrier LG Uplus makes inroads into EV charger market

LG Uplus Corp., South Korea’s mobile and broadband service provider, has released the prototype of its first electric vehicle charger to make ...

KG Mobility to develop Level 3 autonomous driving system

South Korea's KG Mobility Corp. announced on Tuesday it partnered with domestic autonomous self-driving software firm Autonomous a2z. The two c...

LG CNS starts corporate knowledge management service

South Korean information and communications technology service provider LG CNS has launched a service for finding useful knowledge and data within a...

Tous Les Jours opens first store in Canada

CJ Foodville, the food subsidiary of South Korea's CJ Group, announced on Tuesday its bakery chain brand Tous Les Jours has opened its first store i...

Naver secures $100 mn digital twin project in Saudi Arabia

South Korea's dominant web portal giant Naver Corp. has won a contract to develop a Digital Twin platform for Saudi Arabia's Ministry of Municipal a...

SK Telecom, Mars Auto to advance self-driving large trucks

South Korea's SK Telecom Co. signed a memorandum of understanding (MOU) on Monday with the autonomous driving startup Mars Auto for cooperation in t...

Hanwha Aerospace, KATECH to collaborate on hydrogen fuel cell

South Korea's Hanwha Aerospace Co. announced on Monday it signed a memorandum of understanding (MOU) with the Korea Automotive Technology Institute ...