US, Korea approve nuclear fuel recycle technology

Authoritie of the United States and South Korea officially endorsed the results of a joint research on Pyro-SFR, a cutting-edge technology that re...

Hyundai to step up push into eco-friendly ships with IPO

Hyundai Heavy Industries Co. plans to spend 70% of the proceeds from its initial public offering on the Korea Exchange, or about 760 billion won ($6...

Iljin Hysolus shares hit ceiling on first day of trading

South Korea’s only mass-producer of hydrogen tube trailers, Iljin Hysolus Co. made a strong debut on Kospi by reaching the price ceiling on it...

SEWORKS CEO: Black hat hacker-turned-security consultant

SILICON VALLEY -- In a digital world where data theft is growing rapidly, hackers who turn their lives around to help in the fight against cybercrim...

Global automakers' new battle field: small EVs

Global automakers stop producing smaller cars among internal combustion engine models. The industry is facing difficulties to make profits from thos...

OsteoSys pioneers bone densitometer market for lab animals

South Korea-based OsteoSys Corp. aims to become the world's leading player in the bone densitometry market backed by its portfolio of high-tech bone...

S.Korea to launch first carbon credit ETFs in September

South Korea will launch its first set of carbon credit-themed exchange-traded funds (ETFs) next month, in a move to address the rising investor dema...

Seoul property prices rise at world's fastest rate

The commercial real estate market in Seoul saw the fastest rate of price growth among all the gateway cities in the world over the past 12 months, w...

Korean govt to spend $1.9 billion to become world’s leading vaccine maker

The South Korean government will invest 2.2 trillion won ($1.9 billion) by 2025 to become a top five vaccine producer in the world. President Moon J...

Krafton IPO draws lukewarm demand from retail investors

Korea’s major game developer Krafton Inc’s much-anticipated IPO subscription has closed by only drawing a muted response from investors....

Netmarble bets $2.2 bn on global social casino game market

South Korean game developer Netmarble Corp. decided to buy the world’s No. 3 social casino game publisher SpinX Games for $2.2 billion, bettin...

S.Korean archers power to Tokyo victory with Win&Win bows

Last Friday, South Korea's An San became the first archer in Olympic history to win three gold medals at a single Games: the women's individual comp...

POSCO to build $200 mn nickel refining plant to ramp up battery materials

POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to build a nickel sulfa...

SK Hynix sees robust chip demand for rest of year after strong Q2 sales

SK Hynix Inc., the world’s second-largest memory chipmaker, on Tuesday posted its highest quarterly profit and sales in nearly three years on ...

KOGAS attempts to expand LNG bunkering as global demand grows

Korea Gas Corp. (KOGAS) aims to expand liquefied natural gas (LNG) bunkering business as global demand for cleaner fuels for ships is growing.LNG bu...

SK Hynix outplays Kioxia as world’s No.2 smartphone NAND flash maker

South Korea’s SK Hynix Inc. has clinched a surprise second spot in the world’s NAND flash market for smartphones. According to the marke...

World’s top COVID-19 test kit maker draws $28 bn in IPO subscriptions

The IPO of SD Biosensor Inc., which has sold the most COVID-19 test kits in the world -- selling more than 700 million kits from February 2020 to Ma...

Naver says it's constructing world’s first robot-friendly building

The world’s first “robot-friendly” building will complete construction in the second half of this year by South Korea’s tech...

Hyundai Motor to adopt digital twin in latest move of virtual technology use

Hyundai Motor Group plans to adopt digital twin technology, which allows the automaker to make a digital replica of a real car for simulation not ...

Netflix loses first court case over network usage fee

Global streaming giant Netflix Inc. lost a South Korean court case on Friday, in the world's first ruling over a dispute about whether over-the-top ...

Hyundai Motor, Naver offer metaverse driving experience on its N Line

Hyundai Motor Co. is offering a unique driving experience for its high-performance brand, N Line, in a metaverse world created on Zepeto. Zepeto is ...

Hyosung, Linde kick off building world’s largest liquid hydrogen plant

Hyosung Group has once again made a key step forward in achieving its long-term ambition to become South Korea’s corporate leader in the hydro...

Seoul to host EV-only Formula E World Championship in 2022

South Korea’s capital Seoul will be finally hosting the ABB FIA Formula E World Championship in August 2022, with BTS as the global ambassador...

LG Energy supplies batteries to world’s largest Vistra ESS project

South Korea’s LG Energy Solution Ltd. is supplying batteries to the world’s largest energy storage system (ESS) project operated by US p...

Hyundai to provide hydrogen fuel cell system for world’s first electric car race

South Korea’s Hyundai Motor Group will provide its hydrogen fuel cell system to the world’s first touring race for electric vehicles, Hy...

AI edtech startup Buzzvil readies for 2022 listing; hires IPO manager

South Korea-based artificial intelligence startup Buzzvil is preparing to make a trading debut on the country’s junior bourse Kosdaq in the th...

CS Wind acquires US wind tower factory from Vestas at $150 mn

South Korea’s wind tower manufacturer CS Wind Corp. has acquired full ownership of the world’s largest tower manufacturing facility loca...

How India is becoming 'heaven' for Korean startups

India is becoming an attractive destination for South Korean startups that are eyeing overseas expansion, given the country's vast population and di...

National health insurance to cover dental startup AIOBIO’s QLF device

AIOBIO’s dental diagnostic devices will be covered by South Korea’s national health insurance from June 1. AIOBIO is the country’s...

In the crosswinds of coal’s clean transition

The recent announcement by President Moon Jae-in that South Korea will stop funding coal-powered plants overseas and expand its decision to phase out ...