LG Uplus to participate in Drone Show Korea
On Sunday, South Korean mobile telecom carrier LG Uplus Corp. announced that it would host a joint exhibition hall with Kakao Mobility, GS Engineeri...
Three provincial airports in S.Korea offer direct flights to Mongolia
South Korea is expanding its number of flight connections with Mongolia.The Ministry of Land, Infrastructure and Transport on Sunday said it agreed ...
Korea’s first ChatGPT-authored, AI-proofread book due this week
ChatGPT has been around for nearly three months and is causing untold chaos across industries and academia.Now, the artificial intelligence chatbot,...
S.Korean won near 2-month low as US data fans Fed hike views
The South Korean won skidded to a near two-month low on Friday as hotter-than-forecast US inflation data added to expectations that the Federal Rese...
S.Korea confirms economic slowdown, recession concerns loom
The South Korean finance ministry on Friday confirmed that the country’s economy has slowed, mired in stubbornly high inflation and sluggish e...
Korea's Hanwha Q Cells halts litigation against Chinese module maker
Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, has signed a contract to transfer technology licenses to Chinese s...
Korea's Cha Bio Group to expand overseas real estate business
Cha Bio Group, consisting of Cha Biotech and Cha Vaccine Research Institute as its subsidiaries, has announced its expansion into the real estate in...
S.Korea's KT CS reports record sales in 2022
On Friday, KT Corp.'s customer service unit, KT CS, announced that its sales revenue for the previous year reached a record high of 591.6 billion wo...
Samsung launches Galaxy S23 series in 55 markets worldwide
Samsung Electronics Co. announced on Friday the release of its latest flagship smartphone, the Galaxy S23 series, in 55 markets around the world, in...
S.Korea's Hwajin Medical gets FDA sales approval for syringes
HLB Therapeutics Co. announced Thursday that Sofjec, a syringe produced by its subsidiary Hwajin Medical, has been approved for sale by the US Food ...
S.Korea's Engel coefficient rises sharply amid COVID-19 pandemic
South Korea’s low-income households are feeling the pinch of rising food prices amid the COVID-19 pandemic, according to a report by a local t...
AI medical software company Lunit to open subsidiary in Europe
South Korea's Lunit, an artificial intelligence (AI) medical software company, on Friday said its board meeting held on the previous day decided to ...
S.Korea's battery industry looks for staff fluent in European languages
South Korea's battery companies are seeking human resources fluent in the languages and familiar with the cultures of countries where plants are loc...
S.Korea's Kakao Enterprise introduces Matching 2.0 strategy
Kakao Enterprise, a leading IT platform business operator in South Korea, recently announced its "Matching 2.0" strategy to enhance the quality of s...
Korea's Daedong to speed up growth with smart farming machines
Daedong Corp., South Korea’s top agricultural machinery manufacturer, aims to accelerate growth based on new businesses such as smart machines...
S.Korea to lure global talent with high pay for space agency
South Korea is set to attract global talent with high salaries for a planned government space agency as the country aims to boost long-term growth i...
Kumho Tire establishes ESG committee under its board of directors
Kumho Tire Co. is intensifying its sustainable management efforts by establishing an environmental, social and governance (ESG) committee directly u...
KTO steps up Korean tourism promotion in Saudi Arabia
The Ministry of Culture, Sports and Tourism, along with the Korea Tourism Organization (KTO), are accelerating their efforts to promote Korean touri...
Vietnam’s rise: An ominous sign for Korean chipmakers
Just a few years back, it was Taiwan that was on everyone’s lips in the semiconductor industry.The small East Asian island country, home to th...
AIMMED’s Somzz ushers in digital therapeutic device market in Korea
South Korea’s health and drug safety authority has cleared Somzz to treat patients with sleep disorders, a dynamic move that is expected to vi...
S.Korea's extended reality sector forms industry convergence alliance
The Korea Display Industry Association (KDIA) on Wednesday signed a memorandum of understanding (MOU) on a convergence alliance of the domestic exte...
Lotte Hotel forms new mileage partnership with Singapore Airlines
On Wednesday, Lotte Hotels & Resorts announced its new mileage partnership with Singapore Airlines, marking the hotel group's first international ...
Korea's Yoon presses banking, telecom sectors over inflation
South Korean President Yoon Suk-yeol on Wednesday called for measures to stabilize mounting price pressure caused by "oligopolies" in the banking an...
LG Innotek targets XR device market with new substrate
South Korea’s LG Innotek Co. aims to lead the market for components of the extended reality (XR) device industry, which is expected to surge b...
Korean jobs up by 22-month low of 411,000 in Jan, with signs of cooling
South Korea added the smallest number of payrolls in nearly two years in January, with mainly part-time jobs taken by people in their 60s and older,...
KT Group signs MOUs with Mongolian firms to explore joint opportunities
South Korea's KT Group has signed multiple memorandums of understanding (MOUs) with the Mongolian government and economic delegation to explore pote...
S.Korea's Hyundai Genuine opens parts distribution center in Jakarta
Hyundai Construction Equipment Co., the machinery parts-making subsidiary of South Korea's Hyundai Genuine, on Wednesday said it recently opened a p...
Hyundai Transys bolsters ESG fair trade compliance program
Hyundai Transys, an auto parts unit of Hyundai Motor Group, announced on Wednesday that it is enhancing its voluntary fair trade compliance program ...
S.Korea's EcoPro boosts raw material plant for cathode materials
South Korea's EcoPro Co., a leading cathode supplier for global battery makers, is expanding its plant for raw materials used in secondary battery c...
S.Korea, Mongolia discuss stabilization of mineral supply chains
The Korea Chamber of Commerce and Industry and Mongolian National Chamber of Commerce and Industry in Seoul on Tuesday held a business forum o...
