Smilegate to host CFS Summer Championship 2023 in Vietnam

Smilegate to host CFS Summer Championship 2023 in Vietnam

Smilegate Entertainment, a South Korean game developer and publisher, announced on Monday that it will host the "CFS Summer Championship 2023" in co...

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

LG 1st in South Korea’s ESG rankings for 2nd year

LG 1st in South Korea’s ESG rankings for 2nd year

LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social...

S.Korea's No. 1 flight route in 2023 is Incheon-Osaka

S.Korea's No. 1 flight route in 2023 is Incheon-Osaka

South Korea's most popular international flight route in the first half of this year was between Incheon International Airport and Kansai Internatio...

Toray Advanced Materials reviews film line expansion in S.Korea

Toray Advanced Materials reviews film line expansion in S.Korea

Toray Advanced Materials Korea Inc. (TAK) is reviewing its film line expansion in South Korea as part of its 300 billion won ($229 million) capital ...

Virtual human Lucy to sell Galaxy Z in live commerce

Virtual human Lucy to sell Galaxy Z  in live commerce

Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, following her attend...

S.Korean transformers invade US market on surging demand

S.Korean transformers invade US market on surging demand

South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...

Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show

Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show

Hyundai Motor Co. and Kia Corp. will participate in Indonesia’s largest auto show next week as the South Korean sister firms ramp up their off...

Dongwha Pharm to buy Vietnamese pharmacy chain at $30 mn

Dongwha Pharm to buy Vietnamese pharmacy chain at $30 mn

South Korea's Dongwha Pharm announced on Thursday that it signed an agreement to acquire a 51% stake in Trung Son Pharma, a leading pharmacy chain i...

Heads of S.Korea's chicken chains promoting expansion abroad

Heads of S.Korea's chicken chains promoting expansion abroad

The CEOs of South Korea's top three fried chicken franchises are promoting their brands overseas based on the judgement that growth will stagnate if...

S.Korean cosmetics overtake French as top imports in Japan

S.Korean cosmetics overtake French as top imports in Japan

South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...

With long-gone heyday, Capro clings to stake sale for survival

With long-gone heyday, Capro clings to stake sale for survival

Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...

LG Uplus to equip Toyota Highlander’s infotainment platform

LG Uplus to equip Toyota Highlander’s infotainment platform

South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota Connect, powered by t...

Tesla supplier L&F’s earnings disappoint; shares down

Tesla supplier L&F’s earnings disappoint; shares down

L&F Co., global electric vehicle leader Tesla Inc.’s battery materials supplier, missed quarterly earnings estimates on sluggish product p...

Korea’s STX to build joint Indonesia nickel plant for EV cells

Korea’s STX to build joint Indonesia nickel plant for EV cells

South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...

South Korean city seeks to build Asia's 1st MSG Sphere

South Korean city seeks to build Asia's 1st MSG Sphere

A city in the greater Seoul area is aiming to become the first in Asia to attract Madison Square Garden (MSG) Sphere, an iconic music and entertainm...

LG Electronics to form $100-million global startup fund

LG Electronics to form $100-million global startup fund

LG Electronics Inc. has committed over $100 million to a startup fund to unearth new technologies in sustainable energy, digital health, artificial ...

Hyundai, legendary chip architect Jim Keller to make chips for future cars

Hyundai, legendary chip architect Jim Keller to make chips for future cars

South Korea’s top automaker Hyundai Motor Group said on Thursday it has partnered with legendary chip architect Jim Keller to jointly develop ...

S.Korea’s mobile app spending hits record high in H1 2023

S.Korea’s mobile app spending hits record high in H1 2023

South Korean consumers' spending on mobile apps recorded the highest-ever in the first half of this year.Mobile data and analytics platform data.ai ...

Costco Korea under heavy scrutiny over cart pusher’s death

Costco Korea under heavy scrutiny over cart pusher’s death

Costco has come under heavy scrutiny after a 29-year-old cart pusher at one of its outlets near Seoul died after working in scorching heat in June, ...

Big Bang deregulation poised to bolster S.Korean ST market

Big Bang deregulation poised to bolster S.Korean ST market

South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...

CJ Logistics teams up with world’s No. 7 shipping company ONE

CJ Logistics teams up with world’s No. 7 shipping company ONE

South Korea's largest parcel delivery service CJ Logistics on Thursday said it signed a strategic partnership deal with Japan’s Ocean Network ...

S.Korea to fully open gov't R&D projects to foreign researchers

S.Korea to fully open gov't R&D projects to foreign researchers

South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...

S.Korean companies rushing to launch exotic AI-based services

S.Korean companies rushing to launch exotic AI-based services

Lowered barriers in South Korea to the introduction of artificial intelligence (AI) have fueled the growing popularity of unique AI services. The em...

Advanced memory is strategic asset for Korea’s chip supremacy: Hwang

Advanced memory is strategic asset for Korea’s chip supremacy: Hwang

South Korea, home to the world’s two largest memory chipmakers – Samsung Electronics Co. and SK Hynix Inc. – has been the dominant...

Korean Air’s operating profit falls to $360 mn in Q2 2023

Korean Air’s operating profit falls to $360 mn in Q2 2023

Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...

GS25 becomes No. 1 convenience store chain in southern Vietnam

GS25 becomes No. 1 convenience store chain in southern Vietnam

South Korean convenience store chain GS25 announced on Thursday that it has become the top operator in southern Vietnam, surpassing rivals US' Circl...

S.Korean academics to verify truth of room-temperature superconductor

S.Korean academics to verify truth of room-temperature superconductor

The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in response to the ongo...

Korea’s inflation eases to 25-mo low, but poised to rebound in H2

Korea’s inflation eases to 25-mo low, but poised to rebound in H2

South Korea’s headline inflation rose at the slowest pace in 25 months in July on still-low international oil prices but is projected to reacc...

Kia America’s new normal: Record car sales month after month

Kia America’s new normal: Record car sales month after month

Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...

Allianz-backed Koh Young’s brain surgery robot set for US debut by End-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot Samsung Asset leads H1 AUM rankings amid ETF boom