S.Korea to focus on secondary batteries, lunar landing vehicles

S.Korea to focus on secondary batteries, lunar landing vehicles

The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and lunar landing vehicl...

LG Chem to launch new diabetes combination drug Zemidapa

LG Chem to launch new diabetes combination drug Zemidapa

South Korean chemical company LG Chem Ltd. has announced the release of a new diabetes combination drug, Zemidapa Tab, set to launch on Apr. 8. Th...

Lunit’s AI analysis solution client companies exceed 2,000

Lunit’s AI analysis solution client companies exceed 2,000

South Korean medical AI company Lunit announced on Tuesday that more than 2,000 medical institutions worldwide have adopted its AI-based diagnostic ...

TIMWORK lifts trophy at March D.Camp startup pitch competition

TIMWORK lifts trophy at March D.Camp startup pitch competition

TIMWORK Inc., a South Korean digital construction plan management software developer, won first prize at D.Camp’s March startup pitch competit...

Time for South Korea's answer to the US battery subsidy act

Time for South Korea's answer to the US battery subsidy act

The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...

LG Energy tops global EV battery market excluding China

LG Energy tops global EV battery market excluding China

South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...

LG Electronics' OLED Flex wins top Red Dot Design Award

LG Electronics' OLED Flex wins top Red Dot Design Award

LG Electronics Inc., said on Sunday that it has won a total of 24 awards at the prestigious "Red Dot Design Award."  Among the accolades, LG El...

LG Display to focus on automotive screens for turnaround

LG Display to focus on automotive screens for turnaround

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, is set to focus on the automotive scree...

Hugel names ex-CEO of LG Household & Health Care as chairman

Hugel names ex-CEO of LG Household & Health Care as chairman

South Korea's biopharmaceutical company Hugel Inc. on Friday said it appointed Cha Suk-yong, former CEO and vice chairman of LG Household & Heal...

CEOs of Samsung, LG group companies buying back their stocks

CEOs of Samsung, LG group companies buying back their stocks

Leading executives of major South Korean corporations Samsung Electronics Co., LG Energy Solution Ltd. and LG Electronics Inc. are buying back their...

LG Chem breaks ground on supercritical pyrolysis plant

LG Chem breaks ground on supercritical pyrolysis plant

LG Chem Ltd. has broke ground on a plant for pyrolysis and aerogel, a material for next-generation insulation in Seongmun National Industrial Comple...

Budget Galaxy A34 5G to be released in domestic market

Budget Galaxy A34 5G to be released in domestic market

Samsung Electronics Co. announced on Thursday that it will release the budget smartphone Galaxy A34 5G in the domestic market starting tomorrow.The ...

KB Securities signs MOU with Korea East-West Power, Hikive

KB Securities signs MOU with Korea East-West Power, Hikive

KB Securities Co. announced on Thursday that it had entered into a business agreement with Korea East-West Power Co. and Hikive to collaborate on a ...

LG Group Chairman names AI, bio, clean tech as new growth engines

LG Group Chairman names AI, bio, clean tech as new growth engines

LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...

Korea's Hancom, Naver Cloud agree to cooperate in AI field

Korea's Hancom, Naver Cloud agree to cooperate in AI field

Hancom Inc. and Naver Cloud announced on Wednesday a strategic partnership to integrate Naver Cloud's large-scale artificial intelligence (AI) "Hype...

NPS to launch committee for portfolio firms' governance improvement

NPS to launch committee for portfolio firms' governance improvement

South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...

LG Innotek unveils new 5G communication module for self-driving cars

LG Innotek unveils new 5G communication module for self-driving cars

South Korea’s LG Innotek Co. on Wednesday unveiled its second-generation 5G communication module for use in autonomous driving cars.Based on Q...

POSCO Int'l expands into bioplastic recycling business

POSCO Int'l expands into bioplastic recycling business

POSCO International, a subsidiary of South Korea's steel-making-oriented POSCO Group, announced on Wednesday its entry into the biodegradable biopla...

Kakao will launch Korean-specific vertical AI in year's first half

Kakao will launch Korean-specific vertical AI in year's first half

Kakao Corp., South Korea’s platform giant operating the country’s No. 1 chat app KakaoTalk, by the first half of the year will launch an...

S.Korea's European patent applications surpass 10,000 in 2022

S.Korea's European patent applications surpass 10,000 in 2022

South Korean companies such as LG Electronics Inc. and Samsung Electronics Co. surpassed a historic milestone by filing over 10,000 patent applica...

Korea's Mirae Asset, SK Telecom tie up for security token ecosystem

Korea's Mirae Asset, SK Telecom tie up for security token ecosystem

Mirae Asset Securities Co. and SK Telecom Co., South Korea’s top brokerage house and mobile carrier, are set to join hands to establish an eco...

LG Elec launches LG Whisen Tower II air conditioner

LG Elec launches LG Whisen Tower II air conditioner

LG Electronics Inc. announced on Tuesday the launch of its latest air conditioner, the LG Whisen Tower II. The product boasts a sleek design that el...

S.Korea's Elice, FuriosaAI to develop training for AI semiconductor talent

S.Korea's Elice, FuriosaAI to develop training for AI semiconductor talent

South Korea's artificial intelligence (AI) digital education provider Elice on Tuesday said it signed a memorandum of understanding with the AI semi...

LG Display borrows $772 million from LG Electronics

LG Display borrows $772 million from LG Electronics

South Korea's LG Display Co. on Monday said it borrowed 1 trillion won ($772.1 million) from LG Electronics Inc. to “raise the competitiveness...

S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

South Korea's Riiid, an artificial intelligence (AI)-based provider of educational solutions, on Monday said it has launched R.test, an AI diagnosti...

LG takes lead in nurturing young AI talent by holding AI hackathon

LG takes lead in nurturing young AI talent by holding AI hackathon

South Korea's LG announced on Sunday that it held the "LG AI Hackathon" for nurturing young artificial intelligence (AI) talent for two days from ...

Korea’s LG Elec, POSCO Future M receive GM supplier awards

Korea’s LG Elec, POSCO Future M receive GM supplier awards

South Korea’s LG Electronics Inc. and POSCO Future M said on Sunday that they won annual supplier awards from US top automaker General Motors ...

Korean research team develops AI chip to cut power use

Korean research team develops AI chip to cut power use

South Korean scientists have developed a chip that needs less electricity for advanced efficiency and data processing to help the country’s se...

Samsung Chairman Lee to meet new premier in China

Samsung Chairman Lee to meet new premier in China

Samsung Electronics Co. Chairman Jay Y. Lee arrived in Beijing on March 23 to review the chipmaker’s business in China, which is gradually rec...

LG Energy to build $5.6 billion battery complex in Arizona

LG Energy to build $5.6 billion battery complex in Arizona

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday it is investing 7.2 trillion won ($5.6 billion) to build a b...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale