Doosan Robotics launches collaborative robot dedicated to F&B

Doosan Robotics, a robot solution subsidiary of South Korea's Doosan Group, announced on Monday the release of its E series collaborative robot, des...

SPC supports vulnerable communities in New York

South Korea's major food company SPC Group has taken steps to improve its brand image in the United States by offering baking training and food dona...

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.Korea’s Musinsa sees sales grow 54% in 2022 to $537 mn

South Korea’s online fashion platform Musinsa saw sales last year surge over 50% to break the 700 billion won ($537.7 million) mark, though op...

S.Korea’s first-generation bio companies set up support fund for new ventures

South Korea's first-generation bio companies and Industrial Bank of Korea (IBK) have created a bio investment fund to support ventures in the field ...

S.Korean display companies look to expand business in India with Vedanta

South Korean display companies try to make breakthrough in new market by entering Indian market.The Korea Display Industry Association (KDIA) announ...

Hyundai launches second-generation Kona EV, 417km on a single charge

Hyundai Motor Co. announced on Thursday that it launches the second-generation Kona EV, also known as the The All-New Kona Electric.The Kona Electri...

Tesla Korea’s profit, sales fall on new subsidy plans, lack of models

Tesla Inc.’s South Korean business has been worsening in recent months due to the lack of new models launched in the country amid Seoul’...

LG Elec reinvents brand identity, aiming for youthful, dynamic image

South Korean tech giant LG Electronics Inc. is taking steps to reinvent its brand and enhance its youthful and dynamic image while actively communic...

HD Hyundai Infracore targets Middle East and African markets with new brand Develon

HD Hyundai Infracore (formerly Hyundai Doosan Infracore Co.), a South Korean construction equipment maker, has ventured into the Middle East and Afr...

Korean game sector looks to cute girls to lure new users

South Korea’s game makers rushed to launch games with cute girl characters to allure fans of Japanese animation as cartoons for the subculture...

LG CNS, Microsoft to jointly develop new ChatGPT-based services

South Korea’s largest cloud computing service provider LG CNS Co. announced on Tuesday that it will strengthen its strategic partnership with ...

HD Hyundai Heavy Industries launches new frigate Chungnam

HD Hyundai Heavy Industries (formerly Hyundai Heavy Industries Co. ) held on Monday a launch ceremony for the new 3,600-ton-class frigate "Chung...

JW Pharma to use zebrafish in new drug development

South Korean drug developer JW Pharmaceutical has entered into a memorandum of understanding (MOU) with Zefit, a domestic non-clinical trial institu...

S.Korean ramen's exports reach new heights amid K-content boom

Riding the wave of the K-content craze, South Korean ramen's overseas status is soaring. In the first quarter of this year, the ramen export value e...

S. Korean food company Ottogi opens new research center

South Korean food company Ottogi Co. has announced on Friday the opening of the food safety science research institute at its Ottogi Research Center...

Korea's InnoGrid to collaborate with Hyosung for cloud business

InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...

FarmHannong's new herbicide enters the Pakistani market

South Korea's agricultural chemical company FarmHannong Co. announced on Thursday that its new herbicide Terrad'or will enter the Pakistani market. ...

S. Korea's Orion sees brisk sales growth in Vietnam, Russia

South Korea's confectionary giant Orion Corp. has seen brisk sales growth this year, pushing out rival CJ CheilJedang Corp. to solidify its dominanc...

Samsung unveils full 2023 new smart monitor lineup

Samsung Electronics Co. will release a new lineup of smart monitors with significantly enhanced home office and personalized features.According to S...

Hyundai Motor wins Newsweek World’s Greatest Auto Disruptors Awards

Hyundai Motor Group announced on Wednesday that it won two categories at the "World's Greatest Auto Disruptors 2023" awards ceremony by Newsweek, a ...

Macquarie to buy Lotte’s S.Korean transportation card unit

Macquarie Asset Management, part of Australian investment bank Macquarie Group, is set to buy Loca Mobility Corp., Lotte Card Co.’s subsidiary...

S.Korea plans to launch its own version of NASA this year

South Korea's Cabinet on Tuesday passed a bill on the launch this year of the nation's own version of the US National Aeronautics and Space Administ...

ETRI’s drone communication tech is selected as international standards

South Korean researchers have developed international standards for drone communication, solving the problem of drones being unable to exchange info...

LG Chem to launch new diabetes combination drug Zemidapa

South Korean chemical company LG Chem Ltd. has announced the release of a new diabetes combination drug, Zemidapa Tab, set to launch on Apr. 8. Th...

SK Hynix to raise $1.5 bn in exchangeable bonds

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Monday it would raise $1.5 billion through exchangeable bonds (EBs) in a p...

Innocean's subsidiary D&G opens Brooklyn office

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Monday that it has opened a Brooklyn office of creative subsidiary David...

VIP Asset’s new mutual fund to forgo operating fees if it posts losses

VIP Asset Management Co., a leading South Korean asset manager, said on Friday it is launching a new mutual fund, and its managers won’t take ...

Hugel names ex-CEO of LG Household & Health Care as chairman

South Korea's biopharmaceutical company Hugel Inc. on Friday said it appointed Cha Suk-yong, former CEO and vice chairman of LG Household & Heal...

Hyundai debuts possible final Sonata, Tesla joins 1st time: Seoul auto show

Hyundai Motor Co. may consider discontinuing its steady seller Sonata sedan after the latest edition's release, the company’s chief hinted at ...