S.Korea's KOTRA sends chip investment survey team to Texas

The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) on Tuesday said it dispatched to Texas a survey team for semiconductor in...

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

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...

Domestic duty-free sales surpass 1 trillion won in February

Domestic duty-free sales in South Korea increased by 36.7% in February compared to the previous month, due to the resumption of short-term visas for...

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...

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 ...

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...

Samsung's laptop Galaxy Book 3 sees 250% sales growth from predecessor's

Samsung Electronics Co.’s premium laptop PC series Galaxy Book 3 is a global hit since its release last monthIts reception has grown so high t...

S.Korea's ST Pharm supplies $49 mn worth of APIs to European drug firm

ST Pharm Co., a South Korean pharmaceutical firm, announced on Thursday that it had entered into an agreement to supply oligonucleotides to an undis...

Samsung Electronics gets highest-level certification from AWS

South Korea's electronics giant Samsung Electronics Co. has achieved the highest level of "Platinum" certification from the Alliance for Water Stewa...

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 ...

Samsung sets ambitious sales target for home appliances

Samsung Electronics Co. has beefed up its lineup of premium Bespoke home appliances with improved energy efficiency, artificial intelligence-enabled...

Samsung Elec boosts robotics as key growth engine: Vice chairman

Samsung Electronics Co., the world’s largest chip producer, will go all out to expand its robotics business, Vice Chairman and Co-CEO Han Jong...

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...

POSCO Future M to spend $300 million on NCA cathode plant in Pohang

South Korea's battery component maker POSCO Future M, formerly POSCO Chemical, on Tuesday said it will build its first plant solely for cathode mate...

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 ...

Samsung Electro-Mechanics releases 200-megapixel camera module

South Korea's Samsung Electro-Mechanics on Monday announced its release of a smartphone camera module with 200 megapixels and double the shake reduc...

Samsung's foundry sales nearly match DRAM revenue

Contract chipmaking sales at Samsung Electronics Co. nearly matched its DRAM chip revenue in the final quarter of last year, narrowing their sales g...

LG Elec to spend over $4 bn on capex in 2023, biggest in a decade

LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...

LG Chairman Koo on the hunt for talent to win future technology war  

LG Group Chairman Koo Kwang-mo is spearheading South Korea’s fourth-largest conglomerate’s search for top R&D talent in science and ...

Korea EV cell makers unveil new products to expand market

South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...

Sales of state-sponsored Korean startups up 40% in 2022

South Korean startups sponsored by the government’s information and communication technology acceleration program, dubbed K-Global Project, sa...

LG Electronics showcases new products in Dubai

LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...

Samsung Electronics establishes new LSI chip research center in Japan

Samsung Electronics Co. has established a new semiconductor research center in Japan, combining two existing research and development institutes int...

Eastar Jet to add 7 airplanes with aim to rake in $111.2 mn in 2023 sales

Eastar Jet Co., a South Korean low-cost airline, will expand its fleet to 10 aircraft this year to resume flight services at home and abroad about t...

LG Uplus offers foreign language chat service for customers

LG Uplus Corp., a South Korean telecom operator of LG Group, said on Tuesday that it had launched a foreign language chat service for its customers,...

Celltrion, Genuv sign agreement for antibody joint R&D

South Korean biopharmaceutical firm Celltrion Inc. announced on Tuesday a joint research and development agreement with Genuv, Inc., a domestic drug...