Hyundai Elevator cuts breakdowns with AI prediction technology

Hyundai Elevator cuts breakdowns with AI prediction technology

South Korea’s No. 1 elevator maker Hyundai Elevator Co. said on Monday it had reduced the number of stoppages and breakdowns of its elevators ...

Hyundai Department Store uses AI to write advertising copy

Hyundai Department Store uses AI to write advertising copy

South Korea's Hyundai Department Store Co. on Sunday said it will officially introduce on Thursday an artificial intelligence (AI) copywriting syste...

Jetema applies to test its botulinum toxin in US from July

Jetema applies to test its botulinum toxin in US from July

South Korea's bio-esthetic pharmaceutical company Jetema Co. will hold clinical trials in the US to advance to the American market, the world's bigg...

Kakao Brain to launch investment fund for AI startups

Kakao Brain to launch investment fund for AI startups

Kakao Brain, a South Korean artificial intelligence (AI) company owned by Kakao Corp., said on Sunday it plans to set up a fund of up to 10 billion ...

LG Elec honored with BPW Gold Award for advancing gender equality

LG Elec honored with BPW Gold Award for advancing gender equality

LG Electronics Inc. announced on Sunday that it has been honored with the 28th BPW Gold Award from the Korea Federation of Business & Profession...

Hyundai Steel's sustainability report wins gold prize in US

Hyundai Steel's sustainability report wins gold prize in US

South Korea's steelmaker Hyundai Steel announced Sunday that its integrated report 2022 Beyond Steel has been recognized for its excellence by a wor...

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...

S.Korean firms with focus on emerging Asia to shine

S.Korean firms with focus on emerging Asia to shine

South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as their revenue from t...

US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle

US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle

Following its lawsuit against Daewoong Pharmaceutical, South Korea's Medytox Inc. is waging an all-out legal war against domestic counterpart Hugel ...

S.Korea’s hy buys Mesh for Vroong delivery service

S.Korea’s hy buys Mesh for Vroong delivery service

South Korea’s hy, formerly Korea Yakult, has acquired Mesh Korea, the operator of the delivery service Vroong that uses two-wheeled vehicles. ...

Naver, Creverse sign agreement for hyperscale AI education cooperation

Naver, Creverse sign agreement for hyperscale AI education cooperation

Naver Corp., South Korea's largest search engine company, has signed an agreement with Creverse Co., an education company, to provide support for el...

Hanwha Aerospace secures tech to catch illegal drones using nets

Hanwha Aerospace secures tech to catch illegal drones using nets

South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company to join the Global U...

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...

SK Telecom, NTT Docomo jointly publish technical white paper

SK Telecom, NTT Docomo jointly publish technical white paper

SK Telecom Co. announced on Wednesday that it had published a technical white paper on 6G common requirements and 5G base station power-saving measu...

S.Korea's LG Uplus opens children-specialized metaverse Kidstopia

S.Korea's LG Uplus opens children-specialized metaverse Kidstopia

LG Uplus Corp. announced on Thursday that it will be launching an open beta service of its metaverse "Kidstopia" at the end of this month. The servi...

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...

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 ...

Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project

Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project

Daewoo Engineering & Construction Co. and Jeju Air Co. have teamed up to participate in the Korean urban air mobility (K-UAM) project. The two c...

Turkey approves Hanwha Group's acquisition of DSME

Turkey approves Hanwha Group's acquisition of DSME

The Turkish competition authority has approved Hanwha Group’s acquisition of Daewoo Shipbuilding & Marine Engineering Co. (DSME), the firs...

HD Hyundai expands online communication channels

HD Hyundai expands online communication channels

HD Hyundai Co., formerly known as Hyundai Heavy Industries Group, has announced its intention to enhance its online communication channels to better...

Ssangyong E&C completes construction of Dubai's Atlantis The Royal

Ssangyong E&C completes construction of Dubai's Atlantis The Royal

Ssangyong Engineering & Construction announced on Tuesday the successful completion of "Atlantis The Royal," an ultra-luxury hotel in Dubai, the...

KT succeeds in developing core equipment for 5G-specialized networks

KT succeeds in developing core equipment for 5G-specialized networks

KT Corp., a South Korean telecom service operator, has successfully developed equipment that embodies the core technology of 5G-specialized networks...

Hyundai Dream Tour partners with Air France-KLM for eco-friendly fuel

Hyundai Dream Tour partners with Air France-KLM for eco-friendly fuel

On Monday, Hyundai Dream Tour, a travel company affiliated with Hyundai Department Store Group, announced a partnership with Air France-KLM to promo...

SK Signet lands first order in UK worth $7.7 million

SK Signet lands first order in UK worth $7.7 million

South Korea's SK Signet Inc., which produces ultra-fast chargers for electric vehicles (EVs), on Monday said its European branch SK Signet Europe in...

Brazil approves Celltrion Pharm’s syringe facility

Brazil approves Celltrion Pharm’s syringe facility

Celltrion Pharm Inc., a South Korean biopharmaceutical company, said on Monday it received certification from Brazil’s health regulator for it...

LG Elec wins best eco-friendly washing machine title in US

LG Elec wins best eco-friendly washing machine title in US

Consumer Reports, a prominent consumer magazine in the US, has named LG Electronics Inc.'s washing machines as the "best eco-friendly washing machin...

POSCO ICT to be rebranded as POSCO DX for digital transformation

POSCO ICT to be rebranded as POSCO DX for digital transformation

POSCO ICT Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Sunday that it will rebrand itself as POSCO D...

Fried chicken chain bhc opens first US store in LA

Fried chicken chain bhc opens first US store in LA

South Korea’s No. 2 fried chicken brand bhc Group on Monday said it opened its first store in North America on Friday at the Original Farmers ...

LG Uplus to participate in Drone Show Korea

LG Uplus to participate in Drone Show Korea

On Sunday, South Korean mobile telecom carrier LG Uplus Corp. announced that it would host a joint exhibition hall with Kakao Mobility, GS Engineeri...

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 LS Electric poised to join Nvidia's supply chain via Vertiv deal