Korean firms confident they can outpace China in LFP battery race
South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...
HBM market to nearly double; next-gen DRAM to revive demand: KIW
SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...
Sampyo targets India’s railway track parts market
Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the ...
Amorepacific's Laneige debuts in Mexican market
South Korean cosmetics giant Amorepacific Corp. announced on Monday that it is entering the Mexican beauty market with its globally popular skincare...
Homeplus enters Mongolian market with PB products
South Korean big-box retailer Homeplus has entered the Mongolian market for the first time, signing a strategic partnership with the country's ret...
Plasmapp to export 12.3 mn worth of sterilizers to Japan
South Korea's bioplasma technology firm Plasmapp announced on Friday that it has signed a product supply contract worth 16.4 billion won ($12.3 mill...
Hyundai-LG battery JV in Indonesia to power IONIQ 5, other EVs: Chung
Hyundai Motor Co.'s battery joint venture with LG Energy Solution Ltd. in Indonesia will become the South Korean carmaker’s battery manuf...
S.Korea inks FTA with Philippines, boon to Korean car exports
South Korea has signed a free trade pact with the Philippines, which is expected to bolster Korean car exports to the Southeast Asian country with a...
Amorepacific's Hera enters Japanese market
South Korea's Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera has launched in Japan, signaling a significant mo...
Samsung Electronics avoids EU’s digital market regulations
Samsung Electronics Co. has steered clear of the European Union’s new set of regulations designed to rein in the dominance of Big Tech compani...
S.Korea's Lotte Group helps SMEs penetrate Indonesian market
South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...
India, LG’s land of promise with young, rich population
NOIDA, India -- LG Electronics Inc., the leading global home appliance maker, plans to build a new electronics plant in India to cement its dominant...
KAI participates in Poland's defense exhibition
Korea Aerospace Industries Ltd. (KAI) announced on Wednesday that it is participating in the MSPO International Defence Industry Exhibition in Kielc...
Samsung narrows gap with TSMC in foundry market share
South Korea’s Samsung Electronics Co. has narrowed its market share gap with foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), pos...
SK Enmove CEO sees future of lubricants in electric cars
South Korea’s lubricating oil maker SK Enmove Co. is setting its sights on electric vehicle lubricants and liquid coolants for thermal managem...
Naver raises S.Korean market lead thanks to LLM HyperCLOVA X
South Korea’s leading web portal Naver Corp. has raised its domestic market share, which plummeted to the mid-50% range in May, thanks to Hype...
Korea ranks 3rd on global dominant product list to tie Japan
TOKYO -- South Korea has ranked third among countries having the world’s most dominant products. In six categories, including smartphones, mem...
LG Magna to build plant in Hungary for European EV market
MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., ha...
SK Hynix, Samsung's fight for HBM lead set to escalate on AI boom
Long-time runner-up SK Hynix Inc. significantly narrowed the market share gap with global memory leader Samsung Electronics Co. to 6.3 percentage po...
Korea emerges as growth market, design hub for global brands
Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...
Home & Shopping, Teleken signs business agreement
South Korea's TV and online shopping operator Home & Shopping Co. announced on Friday that it has signed a business agreement with the Japanese ...
NewJeans selected as global ambassador for Pepero
Lotte Wellfood announced on Friday that it has appointed K-pop girl group NewJeans as the global ambassador for its iconic snack brand, Pepero. Know...
LG CNS to develop GenAI market with Google Cloud
South Korea’s largest cloud computing service provider LG CNS has formed a generative artificial intelligence (GenAI) alliance with Google Clo...
LG H&H's The Whoo unveils Cheongidan renewal line in Shanghai
LG H&H Co. announced on Thursday its strategy to focus on the Chinese market by unveiling a renewal version of "Cheongidan," the flagship produc...
South Korean exporters jittery as China's slowdown raises red flag
South Korea’s exporting companies are increasingly feeling the heat as its top export market China is sounding alarm bells over the world&rsqu...
Amorepacific's Aestura to enter Japanese market
South Korean beauty and cosmetics giant Amorepacific Corp. announced on Wednesday that its derma cosmetic brand Aestura will enter the Japanese mark...
Hyundai E&C ranks 11th on global construction market
South Korea’s Hyundai Engineering & Construction on Tuesday said it ranks 11th in the world in overseas sales in the annual rankings of ...
Gucci cedes throne to Chanel in Korean used luxury market
Italian luxury brand Gucci gave up the throne to French fashion powerhouse Chanel in the South Korean used designer goods market as more customers a...
FNSValue, UN agency to provide passwordless authentication for fintech
South Korean blockchain company FNSValue Co. on Monday signed a partnership agreement with the International Telecommunication Union (ITU), the Unit...
Smilegate to launch video communication service
The face on a video call screen changes into a game character, making the conversation fun. This is the main function of P.Pool, a video communicati...
