Hana Bank, SK Telecom to support AI startups

Hana Bank, SK Telecom to support AI startups

South Korea's Hana Bank and SK Telecom Co. held the final selection and inauguration ceremony for the second AI Startup Accelerator BootCamp at Spar...

SK Telecom launches In-flight wi-fi service

SK Telecom launches In-flight wi-fi service

South Korea's SK Telecom Co. announced on Wednesday that it launched the T In-flight wi-fi service.This service will initially be available on six a...

SK Ecoplant to merge tech unit for group restructuring

SK Ecoplant to merge tech unit for group restructuring

SK Ecoplant Co., a South Korean construction engineering and waste management company, is set to merge a profit-making technology subsidiary of the ...

SK invests $200 mn in US AI cluster builder SMART Global

SK invests $200 mn in US AI cluster builder SMART Global

SK Telecom Co. said on Tuesday it has agreed to invest $200 million in SMART Global Holdings Inc. (SGH), a US artificial intelligence cluster builde...

Samsung to mass-produce HBM4 on 4 nm foundry process

Samsung to mass-produce HBM4 on 4 nm foundry process

Samsung Electronics Co., the world’s top memory chipmaker, plans to use its cutting-edge 4-nanometer (nm) foundry process for the mass product...

NPS commits $723 mn to MBK, 3 other managers for Korean PEs

NPS commits $723 mn to MBK, 3 other managers for Korean PEs

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has hired four investment firms – MBK Partne...

SK Telecom's X Caliber enters N.American pet market

SK Telecom's X Caliber enters N.American pet market

South Korea's SK Telecom Co. announced on Monday that it signed a distribution agreement with Canadian pet medical equipment company Nuon & Nikk...

Daewoong wins permission for Nabota in Argentina

Daewoong wins permission for Nabota in Argentina

South Korea's Daewoong Pharmaceutical Co. announced on Monday that its botulinum toxin Nabota received product approval from Argentina's National Ad...

Shinhan Financial builds disaster response system

Shinhan Financial builds disaster response system

South Korea's Shinhan Financial Group announced on Sunday that it established a disaster response system to provide swift and substantial assistance...

SK Telecom accelerates AI push via alliance with more partners

SK Telecom accelerates AI push via alliance with more partners

SK Telecom Co., South Korea’s top mobile carrier, is ramping up its artificial intelligence push by bringing more domestic partners into its A...

Samsung Securities’ IB head to quit amid talent outflow

Samsung Securities’ IB head to quit amid talent outflow

Lee Jae-hyun, who has led one of Samsung Securities Co.'s investment banking divisions for two years, has recently expressed his intention to quit, ...

Twentysomething women become mainstream Korean baseball fans

Twentysomething women become mainstream Korean baseball fans

South Korea is a fast-aging country, where one in every five people is 65 years old or older. But it is a different story for the country’s pr...

Hana Financial mulls non-banking M&As for growth: CEO

Hana Financial mulls non-banking M&As for growth: CEO

Hana Financial Group, one of South Korea's top five financial groups, is mulling mergers and acquisitions in non-banking sectors in a bid to seize n...

HD Hyundai qualifies to compete for US Navy MRO

HD Hyundai qualifies to compete for US Navy MRO

South Korea's HD Hyundai Heavy Industries Co. announced on Thursday that it signed a Ship Maintenance Relations Agreement (MSRA) with the US Navy. I...

Doosan Robotics to delist, wholly own cash-cow Doosan Bobcat

Doosan Robotics to delist, wholly own cash-cow Doosan Bobcat

Doosan Enerbility Co., a leading South Korean power plant engineering company, is handing over its entire 46% stake in machinery affiliate Doosan Bo...

Samsung to invest $52 mn in US biotech VC Flagship Pioneering

Samsung to invest $52 mn in US biotech VC Flagship Pioneering

Samsung C&T Corp., its bio units Samsung Biologics Co. and Samsung Bioepis Co. and Samsung Venture Investment Corp. have committed a combined 72...

SK Securities becomes lead IPO manager for 1st time since 2018

SK Securities becomes lead IPO manager for 1st time since 2018

SK Securities Co., formerly a unit of South Korea’s No. 2 conglomerate SK Group, is expanding its presence in the domestic equity capital mark...

Cosmax Group unveils new CI

Cosmax Group unveils new CI

South Korea's Cosmax Group unveiled a new corporate identity (CI) on Wednesday. The new CI reflects Cosmax Group's identity as a global beauty and h...

Samsung, SK Hynix lead value increase in Korea NPS' local shares in Q2

Samsung, SK Hynix lead value increase in Korea NPS' local shares in Q2

The second-quarter rally of Samsung Electronics Co. and SK Hynix Inc. shares drove a value increase in the domestic stock asset held by South Korea&...

Don’t dwell on Korea discount; light up visibility on global stage

Don’t dwell on Korea discount; light up visibility on global stage

To the world, South Korea is well known as home to the world’s top two memory chipmakers, Samsung Electronics Co. and SK Hynix Inc., but it is...

Hanwha Aerospace to export $938mn K9 howitzer to Romania

Hanwha Aerospace to export $938mn K9 howitzer to Romania

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, signed a 1.3 trillion won ($938 million) contract to supply ...

SK Innovation to host Global Forum in US

SK Innovation to host Global Forum in US

South Korea's SK Innovation Co. announced on Wednesday that it will host the “SK Innovation Global Forum” on July 13 in San Jose, Califo...

Korea’s taxi app i.M ties up with MK Group to land in Japan

Korea’s taxi app i.M ties up with MK Group to land in Japan

South Korea’s premium ride-hailing app i.M joined hands with Japan’s taxi operator MK Group to allow each platform's customers to use bo...

Hyundai Motor Group, Oxford Univ. establish Foresight Center

Hyundai Motor Group, Oxford Univ. establish Foresight Center

Hyundai Motor Group announced on Tuesday that it partnered with the University of Oxford and established the Oxford-Hyundai Motor Group Foresight Ce...

Lunit eyes developing markets with AI cancer diagnostics

Lunit eyes developing markets with AI cancer diagnostics

Lunit Inc., a South Korean cancer diagnostics AI company, will accelerate its inroads into developing markets grappling with inadequate cancer diagn...

HBM chip war intensifies as SK Hynix hunts for Samsung talent

HBM chip war intensifies as SK Hynix hunts for Samsung talent

South Korean chipmaker SK Hynix Inc., just like its global peers, has largely designed and produced semiconductors in-house, including high-bandwidt...

Humax, HeyCharge collaborate on EV charger

Humax, HeyCharge collaborate on EV charger

South Korea's mobility solutions company Humax Co. announced on Monday that it partnered with the Germany-based electric vehicle (EV) charging techn...

KTO holds Visit Korea Alliance exhibition for foreigners

KTO holds Visit Korea Alliance exhibition for foreigners

The Korea Tourism Organization (KTO) announced on Monday that it will hold a VK Alliance Products and Services Special Exhibition for foreigners thr...

Samsung Asset's KODEX ETF surpasses $43 bn in net assets

Samsung Asset's KODEX ETF surpasses $43 bn in net assets

South Korea's Samsung Asset Management announced on Monday that the net assets of its KODEX exchange-traded fund (ETF) have surpassed 60 trillion ...

SK Innovation gets MSCI ESG's leader rating

SK Innovation gets MSCI ESG's leader rating

South Korean oil refiner SK Innovation Co. secured an AA rating in the environmental, social, and governance (ESG) assessment by Morgan Stanley Capi...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS BOK chief warns household debt near tipping point, keeps rates steady