CJ Freshway, Hanwha Robotics to team up for food robots

CJ Freshway, Hanwha Robotics to team up for food robots

South Korea's CJ Freshway Corp. and Hanwha Robotics will jointly develop food robots. The two companies signed a memorandum of understanding ...

Korean rental platforms become headache for PE investors

Korean rental platforms become headache for PE investors

South Korean rental platforms have become a headache for private equity firms, with their declining profits and dim business outlooks making them ha...

Kolon Plastics to be rebranded as Kolon ENP

Kolon Plastics to be rebranded as Kolon ENP

Kolon Plastics Inc. announced on Thursday that it will change its name to Kolon ENP. The rebranding will be confirmed if approved at the regular sha...

Hyundai Motor, Kia to recall 170,000 EVs

Hyundai Motor, Kia to recall 170,000 EVs

Around 170,000 units of electric vehicles (EVs) from Hyundai Motor Co. and Kia Corp. are voluntarily recalled, the largest recall in the domestic EV...

KT, Novatek to collaborate on logistics robot platform

KT, Novatek to collaborate on logistics robot platform

South Korea's KT Corp. announced on Wednesday that it signed a memorandum of understanding (MOU) with the domestic company Novatek which specializes...

HD Hyundai Heavy to build next-gen second Aegis destroyer

HD Hyundai Heavy to build next-gen second Aegis destroyer

South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., announced on Wednesday that it has begun construct...

CJ Logistics gets IATA lithium battery transport certification

CJ Logistics gets IATA lithium battery transport certification

South Korea’s CJ Logistics said on Wednesday that it obtained the certification CEIV lithium battery, or the Center of Excellence for Independ...

LG Chem to close base chemical styrene monomer business

LG Chem to close base chemical styrene monomer business

LG Chem Ltd., South Korea's No. 1 petrochemical company, will shut down its styrene monomer (SM) production line this month and is mulling closing a...

Hyundai L&C targets US, India with premium finishing material

Hyundai L&C targets US, India with premium finishing material

Hyundai L&C, South Korea’s Hyundai Department Store Group’s building materials unit, said on Tuesday that it will increase the propo...

Hyundai E&C, Glennmont D&D sign renewable energy PPA

Hyundai E&C, Glennmont D&D sign renewable energy PPA

Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Tuesday that it signed a power purchase agreement (PPA) for solar renewabl...

POSCO Int’l wins $9 bn permanent magnet orders from US, Europe

POSCO Int’l wins $9 bn permanent magnet orders from US, Europe

POSCO International Corp. has bagged deals worth nearly 1.2 trillion won ($9 billion) in total to deliver permanent magnets to finished carmakers in...

LG Uplus unveils AI Callbot at Cuckoo call center

LG Uplus unveils AI Callbot at Cuckoo call center

South Korea’s LG Uplus Corp. announced on Tuesday that it will introduce the smart customer support solution artificial intelligence (AI) Call...

LG Elec named best front-load washer in US

LG Elec named best front-load washer in US

LG Electronics Inc. has dominated the top positions in the latest ratings for the best front-load washing machines conducted by Consumer Reports, a ...

SK Signet builds system to enhance EV charger cybersecurity

SK Signet builds system to enhance EV charger cybersecurity

SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Tuesday that it has established an enhanced cybersecurity sys...

Coupang launches direct purchase service to Japan

Coupang launches direct purchase service to Japan

Coupang Inc., South Korea's leading e-commerce platform, announced on Monday that it is expanding its overseas direct purchase service, "Rocket Jikg...

HD Hyundai speeds up digital transformation with Naver

HD Hyundai speeds up digital transformation with Naver

HD Hyundai Co. announced on Monday that it signed a business agreement with Naver Corp. for digital transformation (DX), cloud transformation, and a...

LG CNS to develop AI platform of S.Korean government

LG CNS to develop AI platform of S.Korean government

South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Sunday that it plans to develop a government-wide hyperscal...

Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai

Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai

Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, plans to begin supplying hybrid lenses for automotive camera modules ...

Samsung Asset wins iF Design Award

Samsung Asset wins iF Design Award

South Korea's Samsung Asset Management announced on Friday that its exchange-traded fund (ETF) brand KODEX has won the top prize in the communicatio...

NPS to veto adding Hyosung chair, vice chair to board

NPS to veto adding Hyosung chair, vice chair to board

The National Pension Service (NPS) will veto the appointment of the chairman and vice chairman of Hyosung Corp. as inside board members of the de fa...

IGIS Asset halts sale process of controlling stake

IGIS Asset halts sale process of controlling stake

Key shareholders of South Korea’s IGIS Asset Management Co., one of the largest real estate firms in Asia, have decided to halt the process of...

Taihan Cable to supply UHV network to Balfour Beatty

Taihan Cable to supply UHV network to Balfour Beatty

South Korea's Taihan Cable & Solution Co. announced on Thursday that it will supply an an ultra-high voltage (UHV) power network worth $38 mil...

Hyundai E&C expands foreign alliances in pursuit of UK SMR project

Hyundai E&C expands foreign alliances in pursuit of UK SMR project

Hyundai Engineering & Construction Co. (Hyundai E&C) has welcomed two British companies to its joint bid with US energy technology company H...

Naver, Aramco to team up to enter Saudi Arabia

Naver, Aramco to team up to enter Saudi Arabia

South Korea’s online giant Naver Corp. announced on Wednesday that it signed an agreement with Aramco Digital, a subsidiary of the world's lar...

Lotte Insurance's value rises with long-term care expansion

Lotte Insurance's value rises with long-term care expansion

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

Hyundai Movex to supply smart logistics for EcoPro BM Canada plant

Hyundai Movex to supply smart logistics for EcoPro BM Canada plant

South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, announced on Wednesday that it signed a 20 bil...

Seoul Semiconductor sues Amazon Europe for LED patent infringement

Seoul Semiconductor sues Amazon Europe for LED patent infringement

South Korea’s Seoul Semiconductor Co. said on Tuesday it had filed a complaint against multinational commerce giant Amazon with the European U...

Indonesia's KB Bukopin rebranded as KB Bank

Indonesia's KB Bukopin rebranded as KB Bank

Bank KB Bukopin, an Indonesian subsidiary of KB Kookmin Bank, announced on Monday that it rebranded as KB Bank. The corporate name PT Bank KB Buko...

LS Eco Energy to supply UHV cables to Singapore's EMA

LS Eco Energy to supply UHV cables to Singapore's EMA

South Korea's LS Eco Energy Ltd. announced on Tuesday that its Vietnamese production subsidiary, LS-VINA, will supply 12 billion won ($8.99 million)...

Hyundai Mobis applies 1,200 future mobility patents in 2023

Hyundai Mobis applies 1,200 future mobility patents in 2023

Hyundai Mobis has strengthened its competitiveness in future mobility by filing numerous patents in the electric and autonomous driving fields.The c...

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