No.3 global auto market
Scope
Date
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Sports
S.Korea's golf industry market exceeds $15 bn in value: report
The value of South Korea's golf industry market last year exceeded 20 trillion won ($15 billion).A report by the Daejeon-based Yuwon Golf Foundation...
Sep 14, 2023 (Gmt+09:00)
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Bio & Pharma
AriBio to sell dementia drug AR1001 in China with partner
South Korea's clinical-stage biotech company AriBio Co. on Wednesday said it signed a memorandum of understanding on strategic cooperation with Chin...
Sep 13, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis to participate in N.America's largest bulk cargo exhibition
Hyundai Glovis Co., the logistics unit of South Korea's Hyundai Motor Group, announced on Wednesday that it will be a participant in Breakbulk Ameri...
Sep 13, 2023 (Gmt+09:00)
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Korean chipmakers
SK Enpulse to sell off chip processing units in China
SK Enpulse Co., a South Korean semiconductor part and equipment maker, said on Wednesday it will sell off its chip pre-manufacturing processing unit...
Sep 13, 2023 (Gmt+09:00)
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Korean startups
Korea’s fertility startups gain traction with advanced technologies
South Korea’s fertility startups are garnering attention from investors with innovative technologies such as self-testing of ovarian health, s...
Sep 12, 2023 (Gmt+09:00)
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Arts
Seoul eyed as possible 2nd Asian base of Gagosian empire
Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...
Sep 12, 2023 (Gmt+09:00)
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KOREA Investment Week
Celltrion builds clinical data bank for new biosimilars
The use of data and computing is a new paradigm in the biopharmaceutical industry, reducing the new drug development time and cost, Celltrion Inc. C...
Sep 12, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace to unveil self-propelled howitzer K9A2 in UK
South Korea's Hanwha Aerospace Co. announced on Tuesday that it will unveil the latest model of its K9 self-propelled howitzer, the K9A2, at the Def...
Sep 12, 2023 (Gmt+09:00)
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Energy
LG Energy Solution eyes US market for ESS
South Korea's LG Energy Solution Ltd. is accelerating its entry into the rapidly growing US market for energy storage systems (ESS).The company on T...
Sep 12, 2023 (Gmt+09:00)
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Batteries
Korean firms confident they can outpace China in LFP battery race
South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...
Sep 11, 2023 (Gmt+09:00)
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Korean chipmakers
HBM market to nearly double; next-gen DRAM to revive demand: KIW
SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...
Sep 11, 2023 (Gmt+09:00)
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Korean SMEs
Sampyo targets India’s railway track parts market
Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the ...
Sep 11, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Laneige debuts in Mexican market
South Korean cosmetics giant Amorepacific Corp. announced on Monday that it is entering the Mexican beauty market with its globally popular skincare...
Sep 11, 2023 (Gmt+09:00)
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Retail
Homeplus enters Mongolian market with PB products
South Korean big-box retailer Homeplus has entered the Mongolian market for the first time, signing a strategic partnership with the country's ret...
Sep 11, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Mobility to build mobility-customized GenAI platform
South Korea's Kakao Mobility has announced a vision to build an evolved platform with generative artificial intelligence (GenAI) specialized for mob...
Sep 08, 2023 (Gmt+09:00)
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Bio & Pharma
Plasmapp to export 12.3 mn worth of sterilizers to Japan
South Korea's bioplasma technology firm Plasmapp announced on Friday that it has signed a product supply contract worth 16.4 billion won ($12.3 mill...
Sep 08, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai-LG battery JV in Indonesia to power IONIQ 5, other EVs: Chung
Hyundai Motor Co.'s battery joint venture with LG Energy Solution Ltd. in Indonesia will become the South Korean carmaker’s battery manuf...
Sep 08, 2023 (Gmt+09:00)
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Economy
S.Korea inks FTA with Philippines, boon to Korean car exports
South Korea has signed a free trade pact with the Philippines, which is expected to bolster Korean car exports to the Southeast Asian country with a...
Sep 08, 2023 (Gmt+09:00)
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Bio & Pharma
AriBio applies for Phase 3 clinical trials in China for oral dementia drug
South Korean clinical-stage biotech company AriBio Co. on Thursday said it applied for Phase 3 clinical trials on the anti-Alzheimer's candidate t...
Sep 08, 2023 (Gmt+09:00)
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Food & Beverage
Snack maker Orion earns dividends from Vietnam for 1st time
South Korea’s confectionery and snack manufacturer Orion Corp. collected dividends from its Vietnamese unit for the first time as the company ...
Sep 07, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Hera enters Japanese market
South Korea's Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera has launched in Japan, signaling a significant mo...
Sep 07, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics avoids EU’s digital market regulations
Samsung Electronics Co. has steered clear of the European Union’s new set of regulations designed to rein in the dominance of Big Tech compani...
Sep 07, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha vice chair pitches submarines to Polish president
Hanwha Group Vice Chairman Kim Dong-kwan is stepping up efforts to win Poland's high-profile submarine project worth an estimated 3 trillion won ($2...
Sep 07, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea's Lotte Group helps SMEs penetrate Indonesian market
South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...
Sep 07, 2023 (Gmt+09:00)
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Electronics
India, LG’s land of promise with young, rich population
NOIDA, India -- LG Electronics Inc., the leading global home appliance maker, plans to build a new electronics plant in India to cement its dominant...
Sep 06, 2023 (Gmt+09:00)
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Logistics
Kia, Lotte Global Logistics to develop logistics-specific PBV
South Korea's Kia Corp. announced on Wednesday that it has signed a memorandum of understanding with Lotte Global Logistics at its headquarters in Y...
Sep 06, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI participates in Poland's defense exhibition
Korea Aerospace Industries Ltd. (KAI) announced on Wednesday that it is participating in the MSPO International Defence Industry Exhibition in Kielc...
Sep 06, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung narrows gap with TSMC in foundry market share
South Korea’s Samsung Electronics Co. has narrowed its market share gap with foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), pos...
Sep 06, 2023 (Gmt+09:00)
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Chemical Industry
SK Enmove CEO sees future of lubricants in electric cars
South Korea’s lubricating oil maker SK Enmove Co. is setting its sights on electric vehicle lubricants and liquid coolants for thermal managem...
Sep 05, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis eyes over 30% growth in Europe through 2030
MUNICH, GERMANY – Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, is targeting average annual sales growth of 30% in Europ...
Sep 05, 2023 (Gmt+09:00)
Latest News
- 1 MBK-owned Homeplus looks for new owner as M&A emerges as option
- 2 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 3 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 4 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 5 S.Korea eases path for foreign REITs in senior housing push