Samsung to use recycled neon gas in chip manufacturing

Samsung to use recycled neon gas in chip manufacturing

Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...

LG ups ante in AI race with bullish bets on startups

LG ups ante in AI race with bullish bets on startups

LG Group, South Korea’s fourth-largest conglomerate controlling electronics, chemicals, media and service companies, is aggressively raising t...

EQT sells Shinhan Financial stake in block deal at 30% IRR

EQT sells Shinhan Financial stake in block deal at 30% IRR

EQT Private Capital Asia sold 415.5 billion won ($311.9 million) worth of shares in South Korea’s Shinhan Financial Group Co. in a block deal ...

Korea probes AliExpress as Chinese e-commerce threat grows

Korea probes AliExpress as Chinese e-commerce threat grows

South Korea’s antitrust body launched a probe into alleged violations of consumer protection regulations by China’s AliExpress, as Chine...

ZKW wins DVN Lighting Star Award

ZKW wins DVN Lighting Star Award

ZKW, an Austria-based lighting systems subsidiary of LG Electronics Inc., recently was presented with the Lighting Star Award for Best front lightin...

S.Korea's CU opens first store in Kazakhstan

S.Korea's CU opens first store in Kazakhstan

South Korea's BGF Retail, the operator of the leading domestic convenience store chain CU, announced on Thursday that it opened its first store in K...

JPMorgan Chase’s growth driver: offline community branches

JPMorgan Chase’s growth driver: offline community branches

NEW YORK -- Global banking giant JPMorgan Chase & Co. has been expanding brick-and-mortar branches across the US with investments of billions of...

Korea reclaims top spot in global shipbuilding orders in February

Korea reclaims top spot in global shipbuilding orders in February

South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...

Vivid Health gets seed round from Kakao Ventures

Vivid Health gets seed round from Kakao Ventures

Vivid Health, a South Korean startup that operates an obesity treatment management platform announced on Wednesday that it got a seed round investme...

Korea’s inflation rebounds, BOK to keep interest rates in H1

Korea’s inflation rebounds, BOK to keep interest rates in H1

South Korea’s headline inflation rebounded in February from a six-month low on higher prices of oil and agricultural products, adding to expec...

S.Korea commercializes recycled materials EV tire

S.Korea commercializes recycled materials EV tire

South Korea's Hyosung Advanced Materials, SK Chemicals Co., and Hankook Tire & Technology announced on Mar. 6. that they commercialized a dedica...

Korea's NH Investment shortlists 3 CEO candidates

Korea's NH Investment shortlists 3 CEO candidates

South Korean brokerage house NH Investment & Securities Co. has shortlisted three candidates for its next chief executive as the current CEO Jeo...

Woori Financial to sponsor MLB Seoul Series

Woori Financial to sponsor MLB Seoul Series

South Korea's Woori Financial Group announced on Tuesday that it will be an official sponsor of the US Major League Baseball World Tour Seoul Series...

Naver to unveil world’s first web platform-enabled robotics OS

Naver to unveil world’s first web platform-enabled robotics OS

South Korea’s online giant Naver Corp. is set to make inroads into the global robotics operating system market by unveiling the world’s ...

BMW unveils PHEV sedan New 530e in S.Korea

BMW unveils PHEV sedan New 530e in S.Korea

BMW Korea announced on Tuesday that it unveiled the plug-in hybrid (PHEV) sedan model The New 530e in the domestic market. According to BMW Kor...

Samsung’s Family Hub Plus gets UL certification

Samsung’s Family Hub Plus gets UL certification

Samsung Electronics Co. said on Tuesday that its 2024 Bespoke Refrigerator with Family Hub Plus has achieved the Diamond grade in an Internet of Thi...

S.Korea’s GNI per capita rebounds in 2023 as won stabilizes

S.Korea’s GNI per capita rebounds in 2023 as won stabilizes

South Korea’s gross national income (GNI) per capita rebounded last year as the won currency stabilized amid signs of a recovery in exports fr...

Samsung’s Odyssey Neo G9 redefines gaming monitors

Samsung’s Odyssey Neo G9 redefines gaming monitors

Samsung Electronics Co. is redefining the scope of gaming monitors with its latest model, the Odyssey Neo G9, which the South Korean tech giant says...

HD KSOE reaches 50% of order target in two months

HD KSOE reaches 50% of order target in two months

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Monday that it signed shipbuilding contr...

Tesla, Korea's EcoPro presumed to enter battery materials deal

 Tesla, Korea's EcoPro presumed to enter battery materials deal

Tesla Inc., the world’s No. 2 electric vehicle maker, is believed to have agreed to procure battery ingredients from South Korea’s EcoPr...

Hana Bank issues Hana Certification in 16 languages

Hana Bank issues Hana Certification in 16 languages

South Korea's Hana Bank announced on Monday that it launched the Hana Certificate service in 16 languages. The service is available through the...

Palliser Capital backs proxy fight with Samsung C&T

Palliser Capital backs proxy fight with Samsung C&T

Palliser Capital, a London-based hedge fund, said on Sunday it will vote in favor of other activist shareholders’ proposals for Samsung C&...

S.Koreans watch YouTube over 40 hours a month

S.Koreans watch YouTube over 40 hours a month

South Koreans spend more than 40 hours per month on YouTube, according to the study on Monday.Wiseapp·Retail·Goods, the domestic appli...

Hyundai’s IONIQ 6: Most efficient electric vehicle in US

Hyundai’s IONIQ 6: Most efficient electric vehicle in US

Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the most energy-efficient vehicle in the US, further driving the South Korean automaker&rs...

No end in sight to Audi’s downfall in South Korea

No end in sight to Audi’s downfall in South Korea

Audi AG, once considered one of the top three German premium auto brands in South Korea, seems to have lost its charm among Korean consumers. Its sh...

POSCO Future M to import natural graphite from Africa

POSCO Future M to import natural graphite from Africa

South Korea’s only anode materials producer POSCO Future M Co. will import a maximum 60,000 tons of natural graphite products from Balama Grap...

NPS to invest up to $8.2 bn in undervalued Korean stocks

NPS to invest up to $8.2 bn in undervalued Korean stocks

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is expected to invest up to 11 trillion won ($8.2 ...

CSCEC, SK Ecoplant in $1.9 bn Egypt renewable energy deal

CSCEC, SK Ecoplant in $1.9 bn Egypt renewable energy deal

China State Construction Engineering Corp. (CSCEC), the world’s largest builder, and South Korea’s SK Ecoplant Co. are set to team up on...

HPS, CE-TEK to develop onboard carbon capture system

HPS, CE-TEK to develop onboard carbon capture system

Hyundai Heavy Industries Power Systems Co. (HPS) will join hands with HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) and CE-TEK Ltd. to...

Homegrown coffee chains emerge as strongest players in Korea

Homegrown coffee chains emerge as strongest players in Korea

Competition in South Korea’s coffee market is intensifying with the rise of fast-growing local brands such as Mega Coffee and Compose Coffee, ...

Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS Bok chief warns household debt near tipping point, keeps rates steady Cohen & Steers names Andrew Shin to lead S.Korea institutional business