New York City Economic Development Corporation

SEOUL—As the rest of the world ages, South Koreans are getting younger.South Korea’s parliament passed laws Thursday abolishing the trad...

LG Uplus Corps. said on Sunday that it held a hackathon called "Hackstival" to compete for development skills of in-house software developers.The co...

South Korean drug developer Onconic Therapeutics, announced on Friday that it raised 26 billion won ($19.9 million) in Series B funding, with cumula...

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is drastically cutting costs while maintaining investments in f...

LG AI Research, the artificial intelligence (AI) think tank of South Korea's LG Group, on Thursday unveiled Exaone, a gigantic AI technology that ra...

BGF EcoMaterials, a materials unit of the BGF Group, said on Friday that it has signed an agreement with Hwaseung Material, a fine chemical company,...

South Korean system integrator Doosan Logistics Solution (DLS) has won a deal to build a new distribution center at 75 billion won ( $57 million)....

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed working samples of DDR5 multiplexer combined ranks dual ...

Dragonfly said on Wednesday that it has signed a memorandum of understanding (MOU) with CJ ENM Co. to cooperate in moving into new content busines...

A number of private equity giants in South Korea and beyond are bidding for shares worth up to 1 trillion won ($758.2 million) in KT Cloud, a subsid...

The South Korean government will invest 185 billion won ($139.6 million) by 2030 in the development of technology for carbon composite materials, wh...

Cosmax NBT, Inc., Korea's functional health food maker affiliated with the same-name original cosmetics design manufacturer, said on Tuesday that it...

South Korea’s third-largest mobile carrier LG Uplus Corp. is slated to acquire homegrown over-the-top (OTT) platform Watcha Inc., investment b...

Samsung Electronics Co. and Naver Corp. have agreed to cooperate in developing next-generation AI semiconductor solutions optimized for artificial i...

South Korean food giant CJ CheilJedang Corp. announced on Tuesday that it has signed a license contract with Emmyon, an American biotechnology start...

South Korea’s Hyundai Motor Group sold more than 100,000 units of electric vehicles (EVs) that adopted Hyundai Motor’s E-GMP, or Electri...

Nexen Tire Corp. on Monday said it developed technology for road surface detection and analysis of tire braking distance using artificial intelligen...

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive reshuffle, marked by its...

Korea's largest auto parts supplier Hyundai Mobis will take part in CES 2023, the world's largest info tech exhibition, to showcase cutting-edge t...

Korea's leading food processing company CJ CheilJedang said on Monday that it has launched Bibigo sliced kimchi for export in Europe, which can be s...

Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea's firms having no pl...

BB.Q Chicken, the country’s leading franchise, said on Friday it opened its second restaurant in Manhattan on Dec.1. This restaurant is BB.Q...

A smartphone cover glass that does not break even when dropped from a height of 1 meter onto a concrete floor has been newly developed. Corning Inc....

DAEWOONG PHARMACEUTICAL has received domestic approval for its diabetes drug Envlo with the active ingredient enavogliflozin, the second straight ye...

South Korea’s exports reported a decline for a second straight month in November on sluggish semiconductor sales, darkening the outlook for As...

South Korea's plant builder Doosan Enerbility plans to secure ammonia cracking technology which can be utilized for hydrogen co-fired power plants. ...

Hyundai Mobis has demonstrated a forklift powered by the company's self-developed hydrogen fuel cells, heightening prospects of the hydrogen mobilit...

South Korea’s leading bottled mineral water brand Jeju Samdasoo has begun exports to India, shipping 45 tons of the water there from the resor...

SK On, the electric battery affiliate of Korea's petroleum, alternative energy and oil exploration corporation SK Innovation, has secured 1.3 trilli...

South Korean company LIG Nex1 will develop technology for ultra-miniature sensors that can be mounted on unmanned submarines.The company announced o...