Hyundai’s Chung urges US operations to double down after record Q1

Hyundai’s Chung urges US operations to double down after record Q1

Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyundai Motor Co. and Ki...

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 ...

Daewoo Shipbuilding, GE Power Conversion to develop smart ship tech

Daewoo Shipbuilding, GE Power Conversion to develop smart ship tech

South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) on Tuesday said it signed a memorandum of understanding with the global energy...

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...

BTS' Jimin tops US Billboard singles chart with 1st solo release

BTS' Jimin tops US Billboard singles chart with 1st solo release

Jimin of K-pop sensation BTS is the first South Korean solo act to hit No. 1 on Billboard's main singles chart Hot 100.The American music and entert...

SK Hynix to raise $1.5 bn in exchangeable bonds

SK Hynix to raise $1.5 bn in exchangeable bonds

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Monday it would raise $1.5 billion through exchangeable bonds (EBs) in a p...

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...

Energy storage devices firm LS Materials launches IPO process

Energy storage devices firm LS Materials launches IPO process

South Korea’s energy storage devices maker LS Materials Co. began the process for an initial public offering later this year as it aims to dev...

Innocean's subsidiary D&G opens Brooklyn office

Innocean's subsidiary D&G opens Brooklyn office

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Monday that it has opened a Brooklyn office of creative subsidiary David...

S.Korea's S-1 releases facial recognition reader 2.0

S.Korea's S-1 releases facial recognition reader 2.0

South Korea's system securities provider S-1 Corp. has launched a new solution that reduces the facial recognition time by 40% compared to previous ...

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...

Korean kitchen automation startups' US advance gains traction

Korean kitchen automation startups' US advance gains traction

South Korean kitchen automation system developers are eyeing the US as their next key market as demand for automated restaurant operating systems in...

POSCO pursues future energy cooperation with Malaysia's Petronas

POSCO pursues future energy cooperation with Malaysia's Petronas

South Korea’s POSCO Group on Sunday said its Chairman Choi Jeong-woo and Petronas Group of Malaysia CEO Tengku Muhammad Taufik in Kuala Lumpur...

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...

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 ...

Hanwha Vision participates in Asia's largest integrated security expo

Hanwha Vision participates in Asia's largest integrated security expo

Hanwha Vision (formerly known as Hanwha Techwin) announced on Thursday its participation in SECON 2023, the largest integrated security exhibition i...

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...

SK Hynix unsure about applying for US chip subsidies: CEO

SK Hynix unsure about applying for US chip subsidies: CEO

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Wednesday it is unsure about applying for US...

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...

Clearstream acquires QFI status from S.Korea's National Tax Service

Clearstream acquires QFI status from S.Korea's National Tax Service

Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...

SK Ecoplant partners with Aents for carbon emission management solution

SK Ecoplant partners with Aents for carbon emission management solution

South Korea's SK Ecoplant Co. on Wednesday said that it has entered a business agreement with Aents Inc., a company specializing in carbon accountin...

Korean bakery chains attract US customers with bread variety, cosy ambiance

Korean bakery chains attract US customers with bread variety, cosy ambiance

South Korean bakery franchises are enjoying growing popularity in the US, appealing to local customers with a variety of bread products and bakery c...

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...

Kobiolabs, Kakao Healthcare to explore microbiome-based precision medicine solutions

Kobiolabs, Kakao Healthcare to explore microbiome-based precision medicine solutions

Kobiolabs Co., South Korea's new drug development company for microbiomes, announced on Tuesday that it has signed a memorandum of understanding for...

Hyundai Capital issues green bonds under eco-friendly biz guidelines

Hyundai Capital issues green bonds under eco-friendly biz guidelines

South Korea's Hyundai Capital on Tuesday said it issued green bonds worth 600 billion won ($462.3 million) following K-Taxonomy, a series of governm...

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...

Samsung, SK Hynix asked to swallow tough pill over US CHIPS Act

Samsung, SK Hynix asked to swallow tough pill over US CHIPS Act

 WASHINGTON, D.C. – South Korean chipmakers on Tuesday expressed deep concerns about the detailed guidelines of the US CHIPS and Science ...

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