NEXT Level tire rental
Scope
Date
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Aerospace & Defense
KAI expects 2023 sales to grow by a third, driven by fighter jets
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Wednesday it aims to achieve 3.83 trillion w...
Feb 15, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire to supply exclusive tires for Formula E in India
Hankook Tire & Technology said on Friday that it will serve as the exclusive supplier and official partner of Formula E's 2023 Greenco Hyderabad...
Feb 10, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S, Ce-tek demonstrate carbon dioxide absorbent
Ce-tek, a research company in carbon capture technology supported by South Korea's SK E&S, has conducted a demonstration experiment that dramati...
Feb 08, 2023 (Gmt+09:00)
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Leadership & Management
Samsung’s Lee may ramp up investment in QD-OLED panels
Samsung Electronics Co. may ramp up its investment in screen panel affiliate Samsung Display Co. to meet growing demand for next-generation quantum ...
Feb 07, 2023 (Gmt+09:00)
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Bio & Pharma
South Korean biotech firms tap Middle East as next key market
South Korean biotech companies are speeding up their foray into the Middle East to tap oil money as they seek new growth engines beyond fossil fuels...
Feb 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung’s next frontier: XR in partnership with Qualcomm, Google
SAN FRANCISCO – Samsung Electronics Co. is teaming up with Qualcomm Technologies Inc. and Google LLC to venture into the extended reality (XR)...
Feb 02, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience's SKYCellflu approved by Chilean health authority
SK Bioscience Co., a bio and pharmaceutical affiliate of South Korea's SK Group, announced on Thursday that its world-first cell culture-based quadr...
Feb 02, 2023 (Gmt+09:00)
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Airlines
T'way Air completes IOSA recertification process
South Korea's low-cost carrier T'way Air Co. said on Monday that it has completed the IATA Operational Safety Audit (IOSA) recertification from the ...
Jan 31, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix unveils industry’s fastest mobile DRAM chip LPDDR5T
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has developed the world’s fastest mobile DRAM chip and ...
Jan 25, 2023 (Gmt+09:00)
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Business & Politics
South Korean companies ink $6.1 billion MOUs with UAE partners
ABU DHABI – Business leaders from South Korea and the United Arab Emirates (UAE) have signed 24 initial agreements worth at least $6.1 billion...
Jan 17, 2023 (Gmt+09:00)
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Regulations
FSS to inquire actual use of funds raised by issuing ESG bonds
From now on, companies in South Korea that have raised funds by issuing ESG (environmental, social, and governance) bonds will have to answer questi...
Jan 16, 2023 (Gmt+09:00)
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Leadership & Management
LG Chem CEO named to head industrial body of World Economic Forum
South Korea's LG Chem Ltd. on Sunday said its CEO and Vice Chairman Shin Hak-cheol on Thursday will be named chair of the Chemical and Advanced Mate...
Jan 16, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax shows off advanced beauty tech at CES with Seoul Nat'l Univ.
Cosmax, a cosmetics original design manufacturer (ODM) of South Korea, said on Tuesday that it unveiled the beauty technology developed jointly ...
Jan 10, 2023 (Gmt+09:00)
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Korean stock market
Kakao Pay likely to be included in MSCI index next month
South Korean mobile payment services firm Kakao Pay Corp. will be newly incorporated into the MSCI index next month, inducing an influx of more than...
Jan 10, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung’s 3 nm chip production yield rises sharply
Samsung Electronics Co. has sharply increased its production yield of the industry’s most advanced 3-nanometer chips for fabless clients, acco...
Jan 09, 2023 (Gmt+09:00)
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Tech, Media & Telecom
AhnLab CEO Kang: Betting on next-gen technology from detection to cloud
Kang Suk-Kyoon, CEO of AhnLab, Inc. proposed a strategy to develop next-generation models and technologies, such as solutions to detect and respond ...
Jan 04, 2023 (Gmt+09:00)
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Electric vehicles
SK Networks completes acquisition of local EV charging platform operator
SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...
Jan 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Ideahub to launch new platform for individual investors of patents in Q1
In the next three months, South Korea's Ideahub is poised to launch a platform on which individual investors can also invest in patents.If all goes ...
Jan 03, 2023 (Gmt+09:00)
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Food & Beverage
K-BBQ brand Mapo Galmaegi signs agreement to get halal certification
South Korean food service enterprise Didim E&F said on Monday that its Korean barbecue brand Mapo Galmaegi signed a business agreement with a Ko...
Jan 03, 2023 (Gmt+09:00)
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Foreign exchange
Korean won to stay weaker than profitable levels – poll
The South Korean won was expected to stay weaker than levels for corporate profits this year as the local currency was likely to stay under pressure...
Jan 02, 2023 (Gmt+09:00)
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Korean chipmakers
Is semiconductor chip rental doable?: Samsung says yes
Samsung Electronics Co., the world’s largest memory chipmaker, is looking to launch a high-end memory chip rental service as its new business ...
Dec 30, 2022 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 signs contract for next-gen military radio system
LIG Nex1 Co. said on Thursday it has signed a contract worth 80 billion won ($63.1 million) with the Defense Acquisition Program Administration for ...
Dec 29, 2022 (Gmt+09:00)
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Leadership & Management
KT taps current CEO Ku as sole candidate for next chief
South Korea’s telecom giant KT Corp. has named current chief executive Ku Hyeon-mo the sole candidate for its next CEO during a board meeting ...
Dec 28, 2022 (Gmt+09:00)
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Automobiles
Hankook Tire supplies tires to Nissan's new X-Trail SUV
Hankook Tire & Technology said on Tuesday it would supply its ultra-high-performance sports tire Ventus S1 evo3 SUV to Nissan's fourth-generatio...
Dec 28, 2022 (Gmt+09:00)
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Chemical Industry
FarmHannong's herbicide Terrad'or enters Brazil
FarmHannong, South Korea's leading agricultural chemicals producer, said on Tuesday that its new herbicide Terrad'or has been registered as a new he...
Dec 27, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Hyundai Mobis tests cutting-edge vehicle broadcast platform in North America
South Korea's Hyundai Mobis, which developed the next-generation automotive broadcast system ATSC 3.0 in the US, has teamed up with Sinclair Broadca...
Dec 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Home Shopping to divest rental unit for $107 mn
Hyundai Home Shopping Network Corp., a TV shopping channel operator owned by South Korea's Hyundai Department Store Group, said on Dec. 26 it will s...
Dec 26, 2022 (Gmt+09:00)
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Culture & Trends
Korean think tank urges focus on 'yold' demographic in clothing market
South Korea's Samsung Fashion Institute on Thursday announced "Dive In" as the keyword for next year's trends in the fashion industry, meaning that ...
Dec 23, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy Industries lands $1.5 bn deal for offshore plant order
South Korean shipbuilder Samsung Heavy Industries has bagged a $1.5 billion order to build an offshore plant from an Asian shipper, the company reve...
Dec 23, 2022 (Gmt+09:00)
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Electric vehicles
SK Signet to showcase new ultra-fast charger at CES 2023
SK Signet Inc., the No.1 company in the US ultra-high speed charger market, will showcase a new standard ultra-fast charger V2 at CES 2023, the worl...
Dec 22, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 2 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 3 Korea to allow non-profits to buy bad consumer loans
- 4 LG to drive future growth in emerging markets with battery prowess
- 5 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties