S.Korea to offer subsidies to foreigners investing in advanced technologies

S.Korea to offer subsidies to foreigners investing in advanced technologies

Foreign companies investing in the fields of semiconductor, display and secondary batteries, which are part of South Korea's national strategic tech...

SK Hynix expects second-half market recovery after record Q1 loss

SK Hynix expects second-half market recovery after record Q1 loss

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...

SK, KHNP partner with TerraPower for SMR development

SK, KHNP partner with TerraPower for SMR development

SK Inc., SK Innovation Co. are partnering with Korea Hydro & Nuclear Power Co. (KHNP) and TerraPower,  a US small modular reactor (SMR) des...

Hyundai Motor to pay quarterly dividends with record Q1 profit

Hyundai Motor to pay quarterly dividends with record Q1 profit

Hyundai Motor Co. on Tuesday reported its largest-ever quarterly profit, which soared a whopping 86.3% from a year earlier, while unveiling a plan t...

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...

SK On to spend $352 million to mass produce solid-state batteries by 2028

SK On to spend $352 million to mass produce solid-state batteries by 2028

South Korean battery maker SK On Co. said on Monday it will spend 470 billion won ($352 million) to begin mass production in 2028 of solid-state bat...

SK Telecom invests $11 mn in AI startup Scatter Lab

SK Telecom invests $11 mn in AI startup Scatter Lab

South Korea's SK Telecom Co. announced on Monday a strategic partnership with Scatter Lab, the creator of the AI agent "Luda Lee," following a 15 bi...

Ransomware attacks targeting S.Korean companies on sharp rise

Ransomware attacks targeting S.Korean companies on sharp rise

Global hacker groups' ransomware attacks against domestic companies and organizations in the first quarter of this year have been revealed to total ...

LG Elec gets open-source software security certification

LG Elec gets open-source software security certification

South Korean electronics giant LG Electronics Inc. announced on Friday that it has been recognized as a company that complies with the "Internationa...

Hyundai ties up with LG, SK for $5.3 bn US EV cell plants

Hyundai ties up with LG, SK for $5.3 bn US EV cell plants

Hyundai Motor Group, the leading South Korean automaker, has joined hands with LG Energy Solution Ltd. and its smaller rival SK On Co. to build elec...

Asleep dreams big to help sleepless people worldwide find right treatment

Asleep dreams big to help sleepless people worldwide find right treatment

Armed with artificial intelligence and big data technologies, Asleep hopes to find the best treatment for sleep-deprived people around the world wit...

Hyundai Engineering, SK Ecoplant to produce carbon-neutral hydrogen

Hyundai Engineering, SK Ecoplant to produce carbon-neutral hydrogen

South Korea's Hyundai Engineering Co. and SK Ecoplant Co. are teaming up with Ultra Safe Nuclear Corporation (USNC), a US micro modular reactor (MMR...

SK On to attract $1.1 bn from BlackRock, MBK consortium

SK On to attract $1.1 bn from BlackRock, MBK consortium

SK On Co., the world’s fifth-largest battery maker, is slated to attract 1.5 trillion won ($1.1 billion) from a consortium of US private equit...

SK Telecom, SNU Hospital to develop AI diagnosis tool for autism

SK Telecom, SNU Hospital to develop AI diagnosis tool for autism

South Korea's top mobile carrier SK Telecom Co. and Seoul National University Hospital have developed an AI-powered diagnosis tool for the early det...

SK Hynix unveils industry’s slimmest 12-layer, 24 GB HBM3 chip

SK Hynix unveils industry’s slimmest 12-layer, 24 GB HBM3 chip

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed the world’s first 12-layer DRAM product wi...

Korean battery players LG, Samsung, SK sweep US EV tax credits

Korean battery players LG, Samsung, SK sweep US EV tax credits

It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...

SK Telecom enters next-generation broadcasting platform market in US

SK Telecom enters next-generation broadcasting platform market in US

South Korea's SK Telecom Co. said on Tuesday that it will sell a next-generation broadcast platform, utilizing mobile edge computing (MEC) technolog...

SK Telecom, Singaporean company collaborate on virtual production

SK Telecom, Singaporean company collaborate on virtual production

SK Telecom Co. announced on Monday that it has signed a memorandum of understanding (MOU) with Xon Studios and Singapore's virtual production specia...

Specialty income by preferred securities, commercial MBS

Specialty income by preferred securities, commercial MBS

With a hamstrung US Federal Reserve, the global outlook for 2023 is one of cautious optimism for fixed income. As the Fed is unable to readily rescu...

SK Siltron gets 20% of electricity from renewable energy

SK Siltron gets 20% of electricity from renewable energy

South Korea’s SK Siltron on Sunday said it procured 19.5% of the electricity it used last year from renewable energy. “In 2020, we were...

SK Group chairman’s eldest son to play key role at US unit PassKey

SK Group chairman’s eldest son to play key role at US unit PassKey

Chey In-geun, the eldest son of SK Group Chairman Chey Tae-won, has moved to the South Korean conglomerate’s major US business operations amid...

SK, Lotte participate in Asia's largest plastic exhibition

SK, Lotte participate in Asia's largest plastic exhibition

Major chemical companies in South Korea, such as SK Geo Centric (formerly SK Global Chemical), Lotte Chemical Corp. and Lotte Fine Chemical, are par...

Naver launches image-generating platform Lasco AI

Naver launches image-generating platform Lasco AI

Naver Corp., South Korea’s dominant online platform, has ventured into the image-generative artificial intelligence market, challenging its ar...

S.Korea offers major support to online overseas shipments of 100 promising SMEs

S.Korea offers major support to online overseas shipments of 100 promising SMEs

South Korea's Ministry of SMEs and Startups on Thursday said it launched an online export package program of extensive support for the entire proces...

SK Biopharmaceuticals wins Red Dot award for 2 devices

SK Biopharmaceuticals wins Red Dot award for 2 devices

South Korea’s SK Biopharmaceuticals on Tuesday said two of its self-developed wearable devices won the main prize in the health care category ...

KT launches AI-based email security solution to combat APT attacks

KT launches AI-based email security solution to combat APT attacks

KT Corp. said on Tuesday that it has unveiled an email security solution based on artificial intelligence (AI) advanced persistent threat (APT) anal...

POSCO Future M, Sungkyunkwan Univ. develop talent for battery materials

POSCO Future M, Sungkyunkwan Univ. develop talent for battery materials

South Korea's battery component maker POSCO Future M, formerly POSCO Chemical, said on Tuesday that it has entered into an agreement with Sungkyun...

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...

Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking