LG Uplus tests energy efficiency tech for 6G network

LG Uplus tests energy efficiency tech for 6G network

South Korea’s LG Uplus Corp. said on Tuesday it tested the All-Photonic Transport Network, a key technology designed to reduce power consumpti...

MBK Partners tipped to win battle for control of Korea Zinc

MBK Partners tipped to win battle for control of Korea Zinc

A consortium led by North Asia-focused buyout firm MBK Partners edged closer to winning the battle for control of Korea Zinc Inc. against the s...

SK to nurture 10,000 AI talent, introduce Board 2.0 to enhance governance

SK to nurture 10,000 AI talent, introduce Board 2.0 to enhance governance

SK Group, South Korea’s second-largest conglomerate, said on Monday it plans to nurture 10,000 artificial intelligence professionals over the ...

SpaceX to use LG Energy batteries for Starship rocket

SpaceX to use LG Energy batteries for Starship rocket

Spacecraft manufacturer SpaceX, led by Elon Musk, will use LG Energy Solution Ltd.'s batteries for its next-generation Starship rocket, marking its ...

LG Display develops industry's most flexible display

LG Display develops industry's most flexible display

LG Display Co., South Korea’s leading display maker under LG Electronics Inc., has developed the industry’s first display that can be st...

LG Electronics accelerates foray into private 5G service

LG Electronics accelerates foray into private 5G service

LG Electronics Inc.'s push to expand its presence in the burgeoning private 5G network market is poised to gain traction. The South Korean electroni...

Korea’s Nongshim to mesmerize New Yorkers with Han River Shin Ramyun

Korea’s Nongshim to mesmerize New Yorkers with Han River Shin Ramyun

If you’re in New York City this weekend, be sure to drop by the Korean Cultural Center.The South Korean government office has partnered with t...

Korea’s HD Hyundai, Hanwha fail to win $7.3 bn Australian navy deal

Korea’s HD Hyundai, Hanwha fail to win $7.3 bn Australian navy deal

HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. failed to win a $7.3 billion deal to build frigates for the Australian Navy, industry sources a...

LG Energy to supply EV batteries to Rivian in $6.7 bn deal

LG Energy to supply EV batteries to Rivian in $6.7 bn deal

LG Energy Solution Ltd., the world’s third-largest battery maker, is set to supply cells to Rivian Automotive Inc., a US electric vehicle manu...

LG’s telecom unit to spend $2.1 bn on transition into AX company

LG’s telecom unit to spend $2.1 bn on transition into AX company

LG Uplus Corp., South Korea’s No. 3 mobile carrier, plans to invest up to 3 trillion won ($2.1 billion) in artificial intelligence and foster ...

LG unveils AI-powered commercial washers, dryers in renewed B2B push

LG unveils AI-powered commercial washers, dryers in renewed B2B push

South Korean home appliances giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business (B2B) marke...

First Korean American US Senator vows to cement Seoul-Washington ties

First Korean American US Senator vows to cement Seoul-Washington ties

NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationsh...

Allies fret over Trump presidency as authoritarian axis challenges US-led order

Allies fret over Trump presidency as authoritarian axis challenges US-led order

Donald Trump is returning to the White House as the world is embroiled in two widening regional wars, America’s rivals are coalescing into a new...

MSCI Korea Index adds Hyundai Rotem

MSCI Korea Index adds Hyundai Rotem

MSCI announced on Wednesday that South Korea's Hyundai Rotem Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index. ...

Global sportswear brands race to ride on Korea’s running craze

Global sportswear brands race to ride on Korea’s running craze

Global sportswear makers have stepped up competition in South Korea to take advantage of the country’s growing running craze with major brands...

Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue

Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue

South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed a...

S.Korea's BBQ enters world's most populous market, India

S.Korea's BBQ enters world's most populous market, India

Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering India, the world&rs...

S.Korea's SPC Samlip launches B2B brand 'Yaam'

S.Korea's SPC Samlip launches B2B brand 'Yaam'

SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, announced Wednesday that it has launched a B2B solutions bran...

LG CNS launches AI solution Enerdict for virtual power plant operators

LG CNS launches AI solution Enerdict for virtual power plant operators

LG CNS Co., a leading South Korean IT service provider, has launched Enerdict, an AI-powered solution designed to optimize the operations of virtual...

Loss-making Pizza Hut Korea files for rehabilitation

Loss-making Pizza Hut Korea files for rehabilitation

Money-losing Pizza Hut Korea Ltd., the Korean master franchisee of the giant US pizza franchisor, has filed for corporate rehabilitation in Seoul in...

MBK’s Korea Zinc bid aimed at corporate governance, shareholder value

MBK’s Korea Zinc bid aimed at corporate governance, shareholder value

MBK Partners’ takeover bid for Korea Zinc Inc. aims to improve corporate governance and shareholder value at the world’s largest lead an...

LG Electronics to venture into food waste disposer market

LG Electronics to venture into food waste disposer market

LG Electronics Inc., the world's largest home appliance maker, will foray into the food waste disposer market in the first quarter of 2025, heraldin...

Jay-Z’s Roc Nation to invest $5 mn in S.Korea’s Musicow  

Jay-Z’s Roc Nation to invest $5 mn in S.Korea’s Musicow  

US entertainment tycoon Jay-Z’s Roc Nation is expected to invest about $5 million in Musicow Inc., South Korea’s music copyright trading...

Daedong opens autonomous robot subsidiary Daedong Robotics

Daedong opens autonomous robot subsidiary Daedong Robotics

Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...

S.Korea set to scrap financial investment income tax

S.Korea set to scrap financial investment income tax

South Korea is set to scrap a plan to impose a tax on gains from financial investments – a scheme slated to be introduced early next year &nda...

In South Korea, cash is king on US election, Samsung uncertainties

In South Korea, cash is king on US election, Samsung uncertainties

South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...

Hyundai, Kia gets triple A credit rating from S.Korean agencies

Hyundai, Kia gets triple A credit rating from S.Korean agencies

Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from Korea Ratings Corp., Nice In...

L&F to supply ultra-high nickel cathodes to Korean, US EV makers

L&F to supply ultra-high nickel cathodes to Korean, US EV makers

South Korea’s leading battery materials maker L&F Co. plans to begin mass production of nickel-cobalt-manganese (NCM) battery cathodes wit...

Korea’s household debt sees ‘balloon effect’ as rules tightened in Seoul

Korea’s household debt sees ‘balloon effect’ as rules tightened in Seoul

South Korea’s household lending market is witnessing a balloon effect as tighter government lending rules for Seoul and its surrounding metrop...

Mediaiplus aims to be the Amazon of clinical trials

Mediaiplus aims to be the Amazon of clinical trials

Mediaiplus Inc., South Korea’s only provider of data analytics and contract research organization (CRO) matching services for clinical trials,...

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders SK Innovation to restore Vietnam’s mangrove forests in ESG initiative LG Electronics' Q2 profit halves as US tariffs bite