New York City Economic Development Corporation

South Korea’s Ildong Pharmaceutical Co. will spin off its research and development (R&D) unit into the subsidiary Yunovia from Nov. 1.&nbs...

SAN JOSE, California -- Samsung Electronics Co., the world’s top memory chipmaker, on Thursday unveiled the Exynos 2400, a new premium mobile ...

South Korea's AI semiconductor startup Rebellions announced a strategic partnership with Samsung Electronics Co. to co-develop their next-generation...

Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches of the two South Kor...

South Korea’s corporate bond market is saddled with a massive amount of debt due later this year and a surge in banks' new bond issues, amid h...

German carmaker BMW Group on Thursday premiered its latest 5 Series premium sedan in South Korea, an indication of the growing importance of the Asi...

Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...

South Korea's Hyundai Steel Co. is aiming to reduce its dependence on its affiliates Hyundai Motor Co. and Kia Corp. to become one of the world&rsqu...

South Korea’s Lotte Biologics Co. is set to start building its first local facility for drug manufacturing next year, aiming for 400,000 liter...

South Korea’s seventh-largest conglomerate Hanwha Group has joined a race to win the burgeoning robot market, with the official launch of Hanw...

Canadian chip-designing unicorn Tenstorrent Inc. has become a new foundry customer of Samsung Electronics Co., the world’s second-biggest foun...

Samsung Electronics Co., the world’s top smartphone maker, is set to unveil a cloud gaming service for mobile devices as it seeks new profit s...

South Korean language startups are expanding their business in overseas markets with their local tongue through generative artificial intelligence, ...

Samsung Electronics Co. announced on Wednesday that it has signed a business agreement with Japanese mobile communications company KDDI to jointly d...

Samsung SDI Co. will inject $1.98 billion to build a second battery manufacturing plant in the US jointly with Netherlands-based automaker Stellanti...

South Korean chemical and food company Samyang Corp. has begun developing eco-friendly and lightweight parts for electric vehicles (EV) by expanding...

South Korea’s No. 1 memory chip maker Samsung Electronics Co., also the world’s top player, is set to further break away from the pack w...

South Korea's HD Hyundai Co. announced on Tuesday that it has signed a business agreement with POSCO Group for the development of unmanned technolog...

The net zero emission target by 2050 is forecast to lower South Korea’s economic growth rate by an average of 0.6 percentage point per year ...

South Korea’s agricultural and food exports have turned upward this year, led by Koreans' everyday menu items such as rice, kimchi and instant...

South Korea's Daewon Pharmaceutical Co. will export its nonsteroidal anti-inflammatory drug (NSAID) Pelubi to the Indonesian market. It's South Kore...

South Korea’s No. 1 agricultural machinery maker Daedong Corp., better known by the brand name Kioti in the US, is targeting the growing hobby...

South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the development of their ...

The US has approved the import of Chinese-made solar panels using polysilicon from South Korea's green and energy company OCI Holdings Co.Pundits sa...

South Korea's KT Corp. is partnering with the intelligent solutions specialist company BI Matrix to develop technology that uses artificial intell...

South Korean food and beverage (F&B) company Samsung Welstory has teamed up with Kangbuk Samsung Hospital to develop business-to-business (B2B) ...

Former chief executives of South Korean firms are being recruited by their previous employers as the companies need the seasoned experience of these...

South Korean food operator Kyochon F&B, known for its premier Kyochon Chicken brand, is trialing a robot delivery service until October 30 in pa...

Samsung Electronics Co., the world’s top smartphone maker, may use Qualcomm Inc.’s new application processor (AP) for the top-end model ...

Seoul, the capital of South Korea for more than six centuries since the Joseon dynasty, is poised to revamp its city planning for the next century w...