Reduced Capability

Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has released a performanc...

Refining margins at South Korea’s four oil refiners, led by SK Innovation Co., have exceeded their break-even points after three months, a sig...

South Korea’s leading mobility platform Tmap Mobility Co. has stepped up its environmental, social and governance (ESG) efforts via its naviga...

South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., has embarked on the full-scale construction of the next...

South Korea’s third-largest mobile carrier LG Uplus Corp. on Tuesday unveiled the first video ad using generative artificial intelligence (AI)...

The IONIQ 5 robotaxi, based on Hyundai Motor Co.'s all-electric crossover, will launch its first fully driverless service for public passengers late...

SK Networks Co., a South Korean trading company, is seeking to form a partnership with Silicon Valley-based venture capital firm Bow Capital to dive...

Kakao Corp., South Korea’s mobile platform giant, targets the mobile infrastructure industry for Saudi Arabian tourism to expand its business ...

Investors will spur capital injection in global residential real estate and emerging infrastructure segments such as data centers and energy transit...

South Korea’s steel giant POSCO announced on Thursday that it has developed high-strength stainless steel materials based on the proprietary t...

A study has revealed that a decrease in the working-age population due to low birth rates and an aging population, coupled with an increase in the d...

POSCO DX Co., formerly POSCO ICT Co.,  the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Monday that it h...

South Korea's low-cost carriers (LCCs) since last month have waged an intense competition with the recovery of the overseas travel market. They boos...

Back in the early 2000s, Meritz was an obscure, lesser-known insurance-related company in South Korea’s financial arena.Part of Hanjin Group, ...

Renault Korea this month will stop operating its Busan plant for about 10 days in a desperate bid to reduce inventory, which has soared due to plumm...

South Korea's steelmaker Hyundai Steel unveiled on Wednesday its "Carbon Neutrality Roadmap" aimed at reducing its direct and indirect carbon emissi...

South Korean drugmaker Daewoong Pharmaceutical Co. said on Tuesday that it has signed a cooperation agreement with Sygnature Discovery, a British ne...

South Korea's mobile game market experienced a decline in 2022, with both downloads and spending decreasing, according to a report by data analytics...

South Korea’s top chemicals company LG Chem Ltd. and its Chinese partner Zhejiang Huayou Cobalt Co. will launch a 1.2 trillion won ($923 milli...

South Korean display companies try to make breakthrough in new market by entering Indian market.The Korea Display Industry Association (KDIA) announ...

South Korea's No. 1 container line HMM Co. announced on Wednesday that it has achieved a remarkable 57.7% reduction in carbon dioxide emissions duri...

South Korea will conduct a third attempt to launch its first domestically designed and developed space rocket Nuri on May 24. The Ministry of Scien...

HD Hyundai Heavy Industries (formerly Hyundai Heavy Industries Co. ) held on Monday a launch ceremony for the new 3,600-ton-class frigate "Chung...

Dongkuk Steel Mill Co., the world's leading manufacturer of color-coated steel, announced on Wednesday that it has installed a 10-megawatt solar pow...

South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...

South Korean scientists have developed a chip that needs less electricity for advanced efficiency and data processing to help the country’s se...

South Korean telecom giant SK Telecom Co. has established a 5G open RAN indoor demonstration network at its Bundang headquarters, according to an an...

BGF Retail, the operator of South Korea’s largest convenience store chain CU, said on Thursday that it had signed a memorandum of understandin...

Samsung Electronics Co. Chairman Jay Y. Lee pledged another bold investment in the world’s largest memory chipmaker’s next-generation se...

SK Oceanplant, a South Korean ship and offshore plant builder formerly known as Samkang M&T, announced on Wednesday that it has acquired two pat...