Polestar 3 to light up roads with headlamps of LG’s ZKW

Polestar 3 to light up roads with headlamps of LG’s ZKW

The Polestar 3, an all-electric mid-sized sport utility vehicle, will be equipped with high-definition light-emitting diode (HD LED) headlights deve...

LG, FuriosaAI to jointly develop next-generation AI chip

LG, FuriosaAI to jointly develop next-generation AI chip

LG AI Research Institute announced on Wednesday its strategic alliance with FuriosaAI, South Korea’s fabless chip designer. The partnership ...

Investment in battery raw materials raises sodium hydroxide prices

Investment in battery raw materials raises sodium hydroxide prices

The price of sodium hydroxide or caustic soda, an essential component in the smelting of raw materials for producing batteries, is rising because So...

Toray to move into battery separator business

Toray to move into battery separator business

Toray Advanced Materials Korea Inc., a South Korea-based producer of chemical materials and technology products, is entering the battery separator f...

Celltrion unveils phase 1 clinical data of Actemra biosimilar in Europe

Celltrion unveils phase 1 clinical data of Actemra biosimilar in Europe

South Korean biosimilar giant Celltrion Inc. revealed on Wednesday the highly anticipated clinical phase 1 data for its Actemra biosimilar, CT-P47, ...

HD KSOE to participate in EU's largest hydrogen transportation project

HD KSOE to participate in EU's largest hydrogen transportation project

South Korea's HD Korea Shipbuilding & Offshore Engineering  (HD KSOE), the shipbuilding holding company of HD Hyundai Co. , is participatin...

POSCO, LG Electronics to jointly build smart factory

POSCO, LG Electronics to jointly build smart factory

POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory technology. The initi...

S.Korea mulls adding national pension benefits to raise birth rate

S.Korea mulls adding national pension benefits to raise birth rate

South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...

S.Korean chips’ heavy reliance on China, US poses risk to national economy

S.Korean chips’ heavy reliance on China, US poses risk to national economy

South Korea’s semiconductor industry is more vulnerable to economic and industrial shifts in its key export markets than those of its rivals T...

S.Korea's top tech school uses salmon DNA to block art counterfeiting

S.Korea's top tech school uses salmon DNA to block art counterfeiting

The screen of the latest Samsung Electronics smartphone series Galaxy 23 released this year has a fingerprint recognition window on the display th...

Cellid applies for Phase 3 clinical trials in S.Korea for COVID-19 vaccine

Cellid applies for Phase 3 clinical trials in S.Korea for COVID-19 vaccine

South Korean bio-venture Cellid Co. announced on Tuesday that it has applied for the clinical Phase 3 trial of the COVID-19 Omicron variant-specific...

S.Korean Army opens Future & Innovation Research Center at KAIST

S.Korean Army opens Future & Innovation Research Center at KAIST

South Korean army announced that the Korea Army Research Center for Future & Innovation, a defense-related advanced science and technology resea...

Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical announced on Monday that it will invest $120 million in its Vietnamese subsidiary, Hyosung Vina Chemicals Co.Hyosung Vina Chemicals...

S.Korea, Canada to bolster key minerals supply partnership

S.Korea, Canada to bolster key minerals supply partnership

South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...

Korean institutions eye investment in OpenAI at $40 bn valuation

Korean institutions eye investment in OpenAI at $40 bn valuation

OpenAI, the world’s most well-known artificial intelligence lab, is tapping South Korean institutional investors for investment at an estimate...

SK Chemicals, Comex jointly develop eco-friendly food storage containers

SK Chemicals, Comex jointly develop eco-friendly food storage containers

South Korea's SK Chemicals announced on Monday the launch of "Eco Clear," an airtight container developed in collaboration with Comex Industrial Co....

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...

SK Chemicals to show eco-friendly cosmetic containers in China

SK Chemicals to show eco-friendly cosmetic containers in China

South Korea's SK Chemicals Co. will participate in the China Beauty Expo 2023, hold in Shanghai, China, from May 12 for three days. This event is ...

S.Korea to prop up quantum tech with academia, private sector   

S.Korea to prop up quantum tech with academia, private sector   

South Korea, trailing in the global race for quantum technology, will open a new quantum technology-dedicated graduate school with a consortium led ...

S.Korean gov't proposes nuclear power plant cooperation to Hungary

S.Korean gov't proposes nuclear power plant cooperation to Hungary

South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...

Alternative investment forum ASK 2023 to kick off May 17 in Seoul

Alternative investment forum ASK 2023 to kick off May 17 in Seoul

South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...

Samsung unveils new Galaxy Watch OS with enhanced sleep management

Samsung unveils new Galaxy Watch OS with enhanced sleep management

Samsung Electronics Co. revealed on Thursday its new operating system, One UI Watch 5, for its Galaxy Watch series. The updated OS includes improved...

Asleep forms partnership with National Sleep Foundation of US

Asleep forms partnership with National Sleep Foundation of US

South Korea's sleep technology startup Asleep, which was part of an economic delegation accompanying President Yoon Suk Yeol's recent state visit to...

S.Korea’s 20-somethings tighten belts due to high interest rates: report

S.Korea’s 20-somethings tighten belts due to high interest rates: report

The decline in consumption by 20-somethings due to benchmark interest rate hikes is over eight times greater than those in their 60s.Analysts blame ...

HMM, Lotte Fine Chemical to partner for ammonia sea transport

HMM, Lotte Fine Chemical to partner for ammonia sea transport

South Korea's HMM Co. and Lotte Fine Chemical Co. have formed a partnership to transport and supply next-generation environmentally friendly fuel, a...

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...

SK, Lotte participate in Asia's largest plastic exhibition

SK, Lotte participate in Asia's largest plastic exhibition

Major chemical companies in South Korea, such as SK Geo Centric (formerly SK Global Chemical), Lotte Chemical Corp. and Lotte Fine Chemical, are par...

S.Korean state-run railroad companies meet Czech Minister of Transport

S.Korean state-run railroad companies meet Czech Minister of Transport

South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repre...

LG Chem teams up with US company to expand bioplastic global business

LG Chem teams up with US company to expand bioplastic global business

LG Chem Ltd. has partnered with a US-based biofuel company Gevo to expand its bio-material-based plastic business.The company announced on Thursday ...

S.Korea sees release of generic diabetes drugs after Forxiga patent expires

S.Korea sees release of generic diabetes drugs after Forxiga patent expires

South Korea's pharmaceutical companies are competing to sell generic drugs to raise their presence on the domestic market for diabetes treatment wit...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit