KEPCO, EVN to promote new power business in Vietnam

Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, and Vietnam Electricity (EVN) have agreed to collaborate on new busi...

Rebellions-Sapeon Korea merger to challenge Nvidia’s AI chip dominance

Rebellions Inc., a South Korean artificial intelligence chip design startup, is merging with its crosstown rival Sapeon Korea Inc., an AI chip firm ...

Dim outlook for Korean biotech firms’ rights offerings

South Korea’s bio and tech-heavy Kosdaq-listed Shaperon Inc. raised 12.7 billion won ($9.2 million) from its latest rights offering, selling o...

POSCO Int'l breaks ground on traction motor core plant in Poland

South Korea's POSCO International Corp., broke ground on the new electric vehicle (EV) traction motor core plant in Brzeg, Opole Voivodeship, Poland...

Mom's Touch opens new flagship store in Myeongdong

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it opened a new flagship store in Myeongdong, Jung-g...

Samsung unveils 2024 monitors at Summer Game Fest

Samsung Electronics Co. unveiled its new 2024 monitor models at the largest North American game show Summer Game Fest, held at the YouTube Theater i...

Kia launches 2024 model year of Morning

Kia Corp. announced on Monday that it launched its flagship compact car Morning's model year the 2024 Morning. The 2024 Morning featured the ne...

Southeast Asia, Korea Inc’s new IT outsourcing powerhouse

PHNOM PENH – South Korean technology companies grappling with prolonged software developer shortages are actively broadening their search for ...

Samsung to offer AI features in Galaxy Z6 foldable series

Samsung Electronics Co. will power its Galaxy Z6 series due to be unveiled next month with mobile AI technology, including a live translation featur...

Hyundai to launch EV model of Staria minivan in 2026

South Korea’s top automaker, Hyundai Motor Co., is slated to launch an electric vehicle model of its Staria van in 2026 to respond to the inte...

HD Hyundai's Future-X wins Red Dot Design Award

South Korea's HD Hyundai XiteSolution announced on Thursday that its futuristic unmanned construction equipment Future-X won the Best of the Best Aw...

Yellow Umbrella's new CIO to spur alternative investment

The Yellow Umbrella Mutual Aid Fund, a 25.4 trillion won ($18.5 billion) savings arm of South Korean small business owners, has tapped an alternativ...

Shinsegae, CJ to tie up for product delivery, food launch

Retail-focused Shinsegae Group is set to outsource delivery services and logistics management for its e-commerce platforms such as SSG.COM and Gmark...

YouTube, Coupang offer Shopping affiliate program in Korea

YouTube has started offering its Shopping affiliate program in South Korea in partnership with the country’s No. 1 e-commerce platform company...

Dongbu Corp exceeds $730 bn in new orders

South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...

Eco-friendly cars reboot Hyundai, Kia’s US sales in May

Hyundai Motor Co. and Kia Corp., car manufacturers of the global No. 3 automaker Hyundai Motor Group, reported a rebound last month on sales in the ...

LG screens World Environment Day campaign in New York, London

LG Electronics Inc. announced on Monday that it has screend the World Environment Day (June 5) campaign video on its outdoor billboards in New York'...

Korea’s exports at 22-month high in May on chips, cars

South Korea’s exports hit a 22-month high in May, led by strong shipments of semiconductors and automobiles abroad, adding to hopes that overs...

Deloitte Korea taps new CFO, consulting head in reshuffle

Deloitte Korea, which operates accounting firm Deloitte Anjin LLC and consulting service provider Deloitte Consulting LLC, announced a reshuffle wit...

South Korea to build 3 nuclear plants, 1 SMR under new energy policy

South Korea plans to build as many as three new nuclear power plants by 2038 and put into operation at least one small modular reactor (SMR) by 2035...

OTT platform TVing gets tailwind from CJ ENM's TV series

TVing, the second-largest over-the-top (OTT) platform in South Korea, has been gaining momentum from hit series such as “Lovely Runner,”...

Samsung gets new tech certification for air purifier filter

Samsung Electronics Co.'s air purifier filter technology obtained the New Excellent Technology (NeT) certification from the Korea Agency for Technol...

Samsung’s new chip head instills a sense of crisis, hope

Samsung Electronics Co.'s new semiconductor chief Jun Young-hyun knows better than anyone about the difficulties the South Korean tech giant fa...

Samsung Electronics holds Latin America Tech Seminar

Samsung Electronics Co. announced on Thursday that it hosted the 2024 Latin America Tech Seminar in Sao Paulo, Brazil, on May 28 and 29.According to...

Hyundai ties up with AWS, Meta, Microsoft for open map

Hyundai Motor Group, the world’s third-largest automaker, teamed up with Big Tech companies such as Amazon Web Services Inc. (AWS), Meta Platf...

Qoo10 launches K-Avenue for S.Korean products

Southeast Asia-based e-commerce platform Qoo10 Pte. announced on Tuesday that it launched K-Avenue, a sales channel for Korean products, on the newl...

South Korea steps on accelerator for record 2024 car exports

ASAN, South Chungcheong Province – At Hyundai Motor Co.'s manufacturing plant in Asan, over 60 km south of Seoul, thousands of robots were bus...

Hyundai Glovis adopts system to meet US' green policies on car carriers

Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...

SK Leaveo to start fertilizer coating with biodegradable materials

South Korea's SK Leaveo, a subsidiary of SKC Ltd. specializing in biodegradable materials, will enter the fertilizer coating market that uses polybu...

Hanwha Q Cells eyes solar power business diversification

Hanwha Q Cells Co., a solar power unit of South Korean chemicals-to-defense conglomerate Hanwha Group, is striving for revenue stream diversificatio...