S.Korea's airline industry waging fierce price war in fall

S.Korea's airline industry waging fierce price war in fall

South Korea's airline sector is meeting high travel demand during the extended Chuseok (Thanksgiving) holidays late this month by aggressively offer...

LG Electronics cuts H1 costs by $1.6 billion on stable supply chain

LG Electronics cuts H1 costs by $1.6 billion on stable supply chain

LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...

S.Korean LLM war intensifies to fend off ChatGPT

S.Korean LLM war intensifies to fend off ChatGPT

South Korean technology companies, both big and small, are rushing to advance Korean large language models (LLM) to fend off the pioneering chatbot ...

SK Hynix unveils another NAND to win chip stacking war

SK Hynix unveils another NAND to win chip stacking war

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., showcased its progress in the chip stacking technolo...

Santa Fe, Sorento, Torres to lead mid-sized SUV sales war in Korea

Santa Fe, Sorento, Torres to lead mid-sized SUV sales war in Korea

Three leading South Korean automakers – Hyundai Motor Co., Kia Corp. and KG Mobility Corp. – are upping the ante in their fight to garne...

Global EV, battery sectors in war for talent acquisition

Global EV, battery sectors in war for talent acquisition

Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...

Hyundai E&C joins project for Ukraine's post-war reconstruction

Hyundai E&C joins project for Ukraine's post-war reconstruction

South Korea’s Hyundai Engineering & Construction (E&C) has joined a post-war reconstruction project in Ukraine to expand the nation&rs...

Samsung, SK Hynix in next-generation HBM chip supremacy war

Samsung, SK Hynix in next-generation HBM chip supremacy war

Samsung Electronics Co. and SK Hynix Inc. – the world’s two largest memory chipmakers – have fiercely competed to advance their ch...

AI talent shortage poses threat to Korean AI tech development

AI talent shortage poses threat to Korean AI tech development

Since the advent of the AI-powered chatbot sensation ChatGPT, the battle to win AI talent across companies large and small has intensified, threaten...

SK supports memorial monument honoring Korean War figures

 SK supports memorial monument honoring Korean War figures

South Korea's SK Group announced on Thursday its support for the construction of a memorial monument honoring the late Colonel William E. Weber and ...

HD Hyundai to participate in Ukraine reconstruction project

HD Hyundai to participate in Ukraine reconstruction project

South Korea's HD Hyundai Construction Equipment Co., the industrial affiliate of HD Hyundai Co., said on Thursday that it held discussions with Ukra...

SK Hynix steps up chip stacking war with 238-layer 4D NAND

SK Hynix steps up chip stacking war with 238-layer 4D NAND

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., has begun mass production of the industry’s hi...

S.Korea's game companies wage intense war in MMORPG sector

S.Korea's game companies wage intense war in MMORPG sector

South Korea's massively multiplayer online role-playing games (MMORPG), a mainstream genre in domestic games, is showing signs of an increasingly he...

KAI, bastion of South Korea’s fast-growing defense industry

KAI, bastion of South Korea’s fast-growing defense industry

SACHEON, South Gyeongsang Province – On a hot spring day in April, the roar of combat aircraft engines fills the air. It’s a normal day ...

Samsung, LG show Korean War hero tribute videos on Times Square

Samsung, LG show Korean War hero tribute videos on Times Square

A tribute video to honor Korean and U.S. veterans of the Korean War started screening on billboards in New York’s Times Square on Thursday. Th...

Another war in Russia: Hyundai, Kia versus Chinese carmakers

Another war in Russia: Hyundai, Kia versus Chinese carmakers

In Russia, which is in a state of war against Ukraine, there’s another war going on. This time, the war is between South Korea’s two lar...

Samsung accelerates nurturing chip talent at tech universities

Samsung accelerates nurturing chip talent at tech universities

Samsung Electronics Co., the world’s largest memory chipmaker, is expanding programs to foster talented semiconductor engineers and experts by...

LG Chairman Koo on the hunt for talent to win future technology war  

LG Chairman Koo on the hunt for talent to win future technology war  

LG Group Chairman Koo Kwang-mo is spearheading South Korea’s fourth-largest conglomerate’s search for top R&D talent in science and ...

Hyundai, Kia to join global small EV war with new models

Hyundai, Kia to join global small EV war with new models

Hyundai Motor Group, South Korea’s top automaker, will aim at the world’s affordable small electric vehicle segments with new models as ...

Ukraine War Drives Rapid Growth in South Korea’s Arms Exports

Ukraine War Drives Rapid Growth in South Korea’s Arms Exports

SEOUL—The Ukraine war has fueled rapid growth in South Korea’s arms exports as countries supporting Kyiv turn to Seoul to replenish thei...

Hyundai Doosan Infracore bags $256 mn Turkey defense deal

Hyundai Doosan Infracore bags $256 mn Turkey defense deal

Hyundai Doosan Infracore Co., a South Korean construction equipment maker, won a 313.1 billion won ($255.5 million) defense deal from Turkey, sugges...

Poongsan’s sale of ammunition, artillery shells surges on Ukraine war

Poongsan’s sale of ammunition, artillery shells surges on Ukraine war

Poongsan Corp., one of South Korea’s leading copper smelters and defense equipment makers, saw its sales of ammunition and artillery shells su...

Samsung hires ex-Yogiyo CEO to lead online sales as rivals axe jobs

Samsung hires ex-Yogiyo CEO to lead online sales as rivals axe jobs

Samsung Electronics Co. has hired Kang Shin-bong, former chief executive of Yogiyo, South Korea’s second-largest food delivery platform, to le...

KOICA donates Celltrion's Herzuma to Ukraine

KOICA donates Celltrion's Herzuma to Ukraine

Celltrion Healthcare Co. said on Monday that Herzuma (ingredient name: Trastuzumab) was dispatched to patients in Ukraine by the Korea International...

KAI to develop drone for reconnaissance, attack

KAI to develop drone for reconnaissance, attack

Korea Aerospace Industries Ltd. (KAI) on Wednesday said it is developing a small multi-purpose drone with reconnaissance and attack functions like t...

Korea’s Poongsan earnings to improve on copper rebound

Korea’s Poongsan earnings to improve on copper rebound

Poongsan Corp., South Korea’s top copper processing company, is expected to benefit as China’s exit from the zero-COVID policy bolstered...

Hyundai Motor to supply 3,000 vehicles to Libya's disabled

Hyundai Motor to supply 3,000 vehicles to Libya's disabled

Hyundai Motor Co. said on Sunday that it had signed an agreement to supply vehicles to Libya's disabled through the Social Solidarity Fund, an agenc...

Korean stocks with healthy earnings to shine in H2 2023

Korean stocks with healthy earnings to shine in H2 2023

South Korea’s Mirae Asset Securities Co. expected local shares with strong earnings including growth stocks to rally in the second half of nex...

Korean LED maker marks 100th victory in global patent wars

Korean LED maker marks 100th victory in global patent wars

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...

SK Hynix hikes use of locally produced neon gas for chip manufacture

SK Hynix hikes use of locally produced neon gas for chip manufacture

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly raise the use of locally produced neon, a ...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale