Korea's Cafe24 launches customized enterprise service

South Korea's global e-commerce platform Cafe24 Corp. announced on Tuesday the launch of a new page called "Cafe24 Enterprise Service," which is des...

Samsung unveils Exynos Modem 5300 to rival Qualcomm, MediaTek

South Korean tech giant Samsung Electronics Co. has unveiled its latest 5G telecommunications modem, the Exynos Modem 5300, to compete with rivals s...

Glass Lewis votes for Tcha Partners' proposal to change Namyang auditor

Global proxy advisory giant Glass, Lewis & Co. has voted for three out of the four proposals made by Seoul-based Tcha Partners Asset Management ...

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 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...

Hanjin launches global C2C purchase platform Hoot Town

Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Hoot Town, a global co...

S.Korean fashion company LF diversifies portfolio with new brand Patou

In a move to expand its range of offerings, South Korean fashion company LF Corp. has introduced a new emerging brand, Patou. As the preferences of ...

Samsung, SK seek dialogue with China at Boao Forum

BEIJING – The Boao Forum for Asia (BFA) is expected to serve as a venue for the world’s two largest memory chipmakers -- Samsung Electro...

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...

Korea's CJ Bioscience buys drug candidates from 4D pharma of the UK

South Korea’s pharmaceutical and healthcare company CJ Bioscience Inc. has acquired drug candidates from the UK's 4D pharma plc. to improve co...

Kwangdong introduces new drug candidate for pediatric myopia

South Korean pharmaceutical company Kwangdong Pharmaceutical announced on Monday that it has signed a contract with Hong Kong-based Zhaoke Ophthalmo...

JW Pharma receives 1st overseas patent for its hair loss treatment

JW Pharmaceutical, a drug company based in South Korea, has received its first patent for a hair loss treatment that is currently in development. Th...

GM's SUV Trax Crossover gets 6,000 preorders in 3 days

The Chevrolet Trax Crossover, a utility vehicle mass produced by General Motors Korea, is soon expected to exceed 10,000 preorders amid greater-than...

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

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 ...

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...

S.Korea to benefit from rising global defense spending

South Korea is expected to log another year of record defense exports in 2023 thanks to growing military budgets across the world as local major arm...

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...

S.Korea's Amorepacific opens new space in metaverse

Amidst the accelerated entry of fashion and beauty brands into the metaverse to seize future opportunities, Amorepacific Corp. has also joined the b...

S.Korea's CGBio exports $8 mn filler to Australia, New Zealand

CGBio, a South Korean bio-regenerative medical company, announced on Thursday that it has signed a contract to export its hyaluronic acid (HA) fille...

Saudi Arabia emerges as land of opportunity to Korean startups

South Korean startups rush to the Kingdom of Saudi Arabia, where the government is keen to nurture startups with innovative and disruptive ideas and...

Lotte Confectionery to rebrand as Lotte Well Food

South Korea's Lotte Confectionery Co. will change its name to Lotte Well Food, effective April 1, according to an announcement made on Thursday. The...

SK Telecom establishes 5G open RAN indoor demonstration network

South Korean telecom giant SK Telecom Co. has established a 5G open RAN indoor demonstration network at its Bundang headquarters, according to an an...

Ssangyong Motor changes name to KG Mobility

South Korea’s Ssangyong Motor Co., whose new owner is KG Group, has renamed itself KG Mobility, its first name change in 35 years.With its new...

LG Chem supplies RO filters for Chinese lithium extraction project

South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...

CGBio inks export deal for hyaluronic acid fillers with Chinese distributor

CGBio, a South Korean bio-regenerative medical company, has signed an export deal with Shanghai Feiting Trading Co., a Chinese medical device distri...

Samsung’s new Exynos chipset enables short-range wireless connectivity

South Korean tech giant Samsung Electronics Co. on Tuesday unveiled a new chipset under its Exynos line that enables much shorter-range wireless con...

Korea's LG CNS launches cloud cost optimization service

LG CNS, a South Korean company specializing in digital transformation, announced on Tuesday the launch of its new service called "FinOps" Clinic.Fin...

LG Elec, Bayada strengthen cooperation on home care medical devices

LG Electronics Inc. announced on Tuesday that it had signed a business agreement with Bayada Home Healthcare, a US-based company specializing in hom...

Samsung Electronics’ new C-Lab Outside center opens in Gwangju

Samsung Electronics Co. on Monday opened its second regional C-Lab Outside center in Gwangju about a month after opening the first regional startup ...