LG ramps up European HVAC marketing with new Therma V model

LG ramps up European HVAC marketing with new Therma V model

LG Electronics Inc., a leading South Korean home appliance maker, is strengthening efforts to enhance its presence in Europe’s heating, ventil...

LG Innotek, Ansys forge digital twin technology partnership

LG Innotek, Ansys forge digital twin technology partnership

South Korea's LG Innotek said on Thursday that it would expand the use of digital twin technology across its operations, partnering with engineering...

NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market

NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market

South Korea’s gaming behemoth NCSOFT Corp. has set up a joint venture with Vietnamese tech unicorn VNG Corp. to tap into Southeast Asia starti...

Samsung SDS gains AI management system certification

Samsung SDS gains AI management system certification

Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...

LG unveils Korea’s 1st open source AI to take on Meta, Google

LG unveils Korea’s 1st open source AI to take on Meta, Google

LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced the country’s first open-sourced artificial intelligence la...

PUBG’s Krafton taps ex-Apple, Samsung execs for global business

PUBG’s Krafton taps ex-Apple, Samsung execs for global business

South Korean gaming giant Krafton Inc. has hired former executives of not only global game developers but also tech leaders such as Apple Inc. and S...

SK Telecom logs higher quarterly profit on AI, lower costs

SK Telecom logs higher quarterly profit on AI, lower costs

SK Telecom Co., South Korea’s top mobile carrier, reported a higher quarterly profit as its cost-cutting and strong artificial intelligence (A...

Samsung produces thinnest low-power DRAM for AI mobile devices

Samsung produces thinnest low-power DRAM for AI mobile devices

Samsung Electronics Co., the world’s top memory chipmaker, has begun mass production of the industry’s thinnest low-power double data ra...

Low-cost carrier Fly Gangwon rebranded as Parata Air

Low-cost carrier Fly Gangwon rebranded as Parata Air

South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....

MLOps startup Vessl AI eyes 50% sales from US in 2025

MLOps startup Vessl AI eyes 50% sales from US in 2025

Vessl AI, a South Korea-native MLOps platform-operating startup, is envisioning a takeoff in the US next year after building a concrete client base ...

Will Samsung benefit from Nvidia’s new AI chip delays?

Will Samsung benefit from Nvidia’s new AI chip delays?

Samsung Electronics Co., the world’s top memory chipmaker, is expected to benefit from Nvidia Corp.’s delays in shipping AI chips, as gl...

Samsung invests in US AI security startup Protect AI

Samsung invests in US AI security startup Protect AI

Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup offering a security ...

LG Display to sell its last LCD plant to CSOT for $1.5 bn

LG Display to sell its last LCD plant to CSOT for $1.5 bn

South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China Star Optoelectronics...

LG CNS gears up for 2025 IPO with $5.1 billion in enterprise value

LG CNS gears up for 2025 IPO with $5.1 billion in enterprise value

LG CNS Co., the information technology service unit of South Korea’s LG Group, is gearing up for an initial public offering early next year, o...

MezzoMedia acquires digital ad agency DBASE&

MezzoMedia acquires digital ad agency DBASE&

MezzoMedia, a digital marketing solutions company under South Korea's entertainment company CJ ENM Co., announced on Thursday that it acquired the d...

SoftBank-backed Tridge in trouble amid Korean startup doom

SoftBank-backed Tridge in trouble amid Korean startup doom

Tridge Co., South Korea’s first agricultural product and food trading platform operator invested in by SoftBank Group Corp., is in financial t...

LG Elec opens LG Labs experience pop-up zone

LG Elec opens LG Labs experience pop-up zone

LG Electronics Inc. announced on Wednesday that it will operate the "Wow Life's Good Lab" pop-up zone at Ground 220 in Yeongdeungpo-gu, Seoul, until...

LG Chem emerges as global No. 4 chemicals maker: C&EN

LG Chem emerges as global No. 4 chemicals maker: C&EN

South Korea’s LG Chem Ltd. has emerged as the world’s fourth chemicals producer, the second Asian company to be among the five largest a...

LG Uplus to produce live-action robot drama

LG Uplus to produce live-action robot drama

South Korea's LG Uplus Corp. announced plans to partner with SAMG Entertainment and HighZium Studio Co. to create Korean-style robot content, aimi...

Kia’s Chinese business makes turnaround as it becomes export base

Kia’s Chinese business makes turnaround as it becomes export base

South Korean automaker Kia Corp.'s Chinese business has been struggling for years amid escalating tension between the US and China – Korea&rsq...

SK Telecom's X Caliber to enter SE Asian pet market

SK Telecom's X Caliber to enter SE Asian pet market

South Korea's SK Telecom Co. announced on Tuesday that it signed a contract to supply X Caliber, an AI-based pet diagnosis assistance solution, to t...

SK Hynix aims for graphics chip supremacy with GDDR7 in Q3

SK Hynix aims for graphics chip supremacy with GDDR7 in Q3

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Tuesday it plans to begin volume production ...

Samsung, LG bet big on gaming monitors on esports boom

Samsung, LG bet big on gaming monitors on esports boom

South Korea’s electronics giants Samsung Electronics Co. and LG Electronics Inc. are gearing up for a fierce battle in the gaming monitor mark...

Hanwha, Univ. of Surrey to team up for space business

Hanwha, Univ. of Surrey to team up for space business

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a memorandum of understan...

China is LG H&H’s headache amid global K-beauty boom

China is LG H&H’s headache amid global K-beauty boom

South Korean cosmetics giant LG H&H Co. has yet to benefit from the global K-beauty boom due to its heavy dependence on China, the world’s...

LG Electronics posts record Q2 profit, to accelerate transition into AI leader

LG Electronics posts record Q2 profit, to accelerate transition into AI leader

LG Electronics Inc., a leading South Korean electronics maker, on Thursday posted its highest quarterly operating profit and sales for the April-Jun...

LG CNS, Aeon to collaborate on EdTech in Japan

LG CNS, Aeon to collaborate on EdTech in Japan

South Korea's LG CNS announced on Thursday it signed a memorandum of understanding (MOU) with Aeon, an education company operating over 300 direct l...

Samsung, LG go in different directions for all solid batteries

Samsung, LG go in different directions for all solid batteries

South Korean household names Samsung and LG are in a new race to win the market for solid-state batteries, next-generation batteries promising enhan...

LG Display cuts vendors’ stakes, axes jobs for turnaround

LG Display cuts vendors’ stakes, axes jobs for turnaround

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, reduced stakes in its vendors while cut...

Spear Korea to acquire AI medical firm Life Semantics

Spear Korea to acquire AI medical firm Life Semantics

South Korea's aerospace materials company Spear Korea will acquire artificial intelligence (AI) medical firm Life Semantics Co. Life Semantics ...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race