Korea clears environmental hurdle for new Jeju airport

Korea clears environmental hurdle for new Jeju airport

South Korea’s environment ministry conditionally approved the construction of a new airport on Jeju Island with a 6.7 trillion won ($5.2 billi...

Phase 3 clinical plan for SK Bioscience's booster shot approved in Colombia

Phase 3 clinical plan for SK Bioscience's booster shot approved in Colombia

SK Bioscience Co., a leading South Korean vaccine and biotech company, announced on Monday that its phase 3 clinical trial plan for a heterogeneous ...

Samsung launches new TV ad campaign in London ahead of global release

Samsung launches new TV ad campaign in London ahead of global release

Samsung Electronics Co. is ramping up its marketing efforts for its latest line of high-end TVs, including the 2023 Neo QLED 8K model, with a giant ...

LG Electronics picks private 5G network as next growth engine

LG Electronics picks private 5G network as next growth engine

LG Electronics Inc. is seeking to make inroads into the private 5G network market, set to grow rapidly amid accelerated migration to automation in a...

HYBE to raise up to $769 mn, new twist on battle with Kakao for SM

HYBE to raise up to $769 mn, new twist on battle with Kakao for SM

HYBE Co. is tightening the reins in its fight against Kakao Corp. for control of SM Entertainment Co. by raising up to 1 trillion won ($768.6 millio...

HYBE wins 2nd battle against Kakao over SM Entertainment

HYBE wins 2nd battle against Kakao over SM Entertainment

A South Korean court on Friday ruled in favor of SM Entertainment Co. Founder and former Chief Producer Lee Soo-man to block the company from sellin...

Korea's ST Pharm completes new R&D hub for gene therapy

Korea's ST Pharm completes new R&D hub for gene therapy

ST Pharm Co., a South Korean drug raw material-producing subsidiary of Dong-A Socio Holdings, said on Friday that it has finished building an R&...

KHNP gets EUR certification for nuclear plant model in Europe

KHNP gets EUR certification for nuclear plant model in Europe

Korea Hydro & Nuclear Power (KHNP) on Thursday said the standard design of its APR1000, a nuclear power plant that it exports to Europe, has obt...

S.Korea's MZers consider income, working time most when job hunting: Survey

S.Korea's MZers consider income, working time most when job hunting: Survey

Members of South Korea's Generation MZ, or people born in the early 1980s to early 2000s, prioritize income and working time when looking for a job ...

Binance’s new NFT platform accused of copying Korean startup’s Chatcasso

 Binance’s new NFT platform accused of copying Korean startup’s Chatcasso

Binance has been accused of copying a South Korean startup’s ideas and design of its artificial intelligence (AI)-powered non-fungible token (...

Korea's KSOE wins order for 3 LNG carriers at $770 mn

Korea's KSOE wins order for 3 LNG carriers at $770 mn

Korea Shipbuilding & Offshore Engineering, a shipbuilding holding company of HD Hyundai Group, has secured a contract for liquefied natural gas ...

Plant, machinery maker Doosan seeks future from chips, robots

Plant, machinery maker Doosan seeks future from chips, robots

BARCELONA -- South Korea’s plant and machinery powerhouse Doosan Group is seeking its future growth engines from the semiconductor and robot s...

Hyundai autoworker: Dream job for many South Koreans

Hyundai autoworker: Dream job for many South Koreans

In South Korea, blue-collar work has for decades been shunned by job seekers because of the hard manual labor as well as the widely held perception ...

EastarJet to resume flights after three years of suspension

EastarJet to resume flights after three years of suspension

South Korean budget carrier EastarJet will resume flights on the domestic Gimpo-Jeju route on Mar. 26 after a three-year hiatus due to the COVID-19 ...

Celltrion teams up with bio venture to develop new anti-cancer drug

Celltrion teams up with bio venture to develop new anti-cancer drug

South Korea's biopharmaceutical company Celltrion Inc. will develop an anti-cancer drug that combines oncolytic virus technology with biosimilars un...

Naver’s HyperCLOVA X: More Korean-proficient than ChatGPT

Naver’s HyperCLOVA X: More Korean-proficient than ChatGPT

South Korea’s online giant Naver Corp. will unveil an updated version of its AI platform HyperCLOVA, HyperCLOVA X, which it said better unders...

S.Korea's Hyundai L&C launches engineered stone Opimo

S.Korea's Hyundai L&C launches engineered stone Opimo

Hyundai L&C, an interior solutions provider under the Hyundai Department Store Co. Group in South Korea, announced on Monday the launch of its h...

Novel medicines poised to be Korea’s next mainstay export

Novel medicines poised to be Korea’s next mainstay export

South Korea, a major global generic and biosimilar medicine producer with leading names such as Samsung Biologics Co. and Celltrion Inc., has rapidl...

POSCO Int'l, Daesang sign MOU to cooperate in food business

POSCO Int'l, Daesang sign MOU to cooperate in food business

POSCO International, South Korea's largest general trading company, announced on Friday that teams up with Daesang Corp. in the food business area.P...

Samsung unveils new Exynos mobile chips for midrange smartphones

Samsung unveils new Exynos mobile chips for midrange smartphones

Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled a duo of new Exynos mobile application processor (AP) chips to pow...

OLED tech leads trends on premium TV market

OLED tech leads trends on premium TV market

Organic light-emitting diode (OLED) products account for over 30% of the global premium TV market, attesting to the technology's emergence as the st...

Hyundai, Kia to join global small EV war with new models

Hyundai, Kia to join global small EV war with new models

Hyundai Motor Group, South Korea’s top automaker, will aim at the world’s affordable small electric vehicle segments with new models as ...

SK Networks to expand investment in tech firms for future growth

SK Networks to expand investment in tech firms for future growth

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, will expand direct funding for tech ...

S.Korea's UAM project finalizes list of 46 participating companies

S.Korea's UAM project finalizes list of 46 participating companies

Forty-six companies in South Korea including three in mobile telecommunications are participating in the Korean-style urban air mobility (UAM) demon...

FuriosaAI speeds up development of next-gen AI chip with Hugging Face  

FuriosaAI speeds up development of next-gen AI chip with Hugging Face  

FuriosaAI Inc., South Korea’s fabless chip designer, has teamed up with Hugging Face Inc., a New York-based AI company boasting a massive tran...

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon Co., a South Korean steelmaker and a unit of POSCO Group, said on Wednesday that its biomass color steel plate has been certified as ...

Smaller firms' successful IPOs fail to boost Korean listing market

Smaller firms' successful IPOs fail to boost Korean listing market

South Korean companies are returning to the local initial public offering market this year, after failing their market debuts last year. But that ha...

CJ Investment fosters Korean startups to discover new growth engines

CJ Investment fosters Korean startups to discover new growth engines

CJ Investment, the corporate venture capital arm of CJ Corp., announced on Tuesday its plans to foster promising South Korean startups in order to d...

Kyochon sets sights on Western expansion with Canadian franchise deal

Kyochon sets sights on Western expansion with Canadian franchise deal

Kyochon F&B, the operator of South Korea's premier fried chicken brand Kyochon Chicken, said on Tuesday that it has secured a master franchise a...

Korea's Hansol Technics enjoys profit on chip equipment unit

Korea's Hansol Technics enjoys profit on chip equipment unit

Hansol Technics Co., a South Korean company that makes modules for liquid crystal display (LCD) and solar panels, boosted earnings last year thanks ...

F&F’s bid for TaylorMade complicates Centroid's exit plan S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales