SK C&C to build advanced info systems for Nongshim's overseas corporations

SK C&C to build advanced info systems for Nongshim's overseas corporations

South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications ...

S.Korea's Prestige Biologics attracts $59 mn overseas investment

S.Korea's Prestige Biologics attracts $59 mn overseas investment

Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Tuesday th...

S.Korean sovereign wealth fund KIC to set up Mumbai office

S.Korean sovereign wealth fund KIC to set up Mumbai office

Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...

LG Uplus offers foreign language chat service for customers

LG Uplus offers foreign language chat service for customers

LG Uplus Corp., a South Korean telecom operator of LG Group, said on Tuesday that it had launched a foreign language chat service for its customers,...

Hahn & Co. puts SK Shipping’s tanker business up for sale

Hahn & Co. puts SK Shipping’s tanker business up for sale

South Korean private equity firm Hahn & Co. is seeking to sell SK Shipping Co.’s tanker division, a business widely seen as the breadwinne...

SK Chemicals, Yonwoo to develop eco-friendly cosmetic containers

SK Chemicals, Yonwoo to develop eco-friendly cosmetic containers

South Korean chemical company SK Chemicals and Yonwoo Co., a subsidiary of Kolmar Korea, which is a leading domestic cosmetic container manufacturer...

SK Networks renames its EV charger unit to SK Electlink

SK Networks renames its EV charger unit to SK Electlink

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...

Samsung SDS to offer customized cloud services

Samsung SDS to offer customized cloud services

Samsung SDS Co. is ready to offer easy-to-use, customized cloud storage services to help its clients' digital transformation, its Chief Executive Hw...

Google, Microsoft laying off staff in S.Korea

Google, Microsoft laying off staff in S.Korea

The South Korean branches of Google and Microsoft have started efforts to cut staff in line with what analysts call large-scale restructuring of glo...

Korea to raise young chip engineers for Samsung, SK Hynix

Korea to raise young chip engineers for Samsung, SK Hynix

South Korea plans to nurture more youths specialized in semiconductors at high schools to ease the worsening shortage of high-skilled workers at d...

HYBE withdraws bid for SM in $1 bn battle with Kakao

HYBE withdraws bid for SM in $1 bn battle with Kakao

South Korea's HYBE Co., the company behind the global sensation BTS, said on Sunday it has decided to pull out of the face-off with Kakao Corp. for ...

Naver offers platform for CJ in fight vs Coupang

Naver offers platform for CJ in fight vs Coupang

Naver Corp. is shaking up South Korea’s online shopping market led by Coupang Inc. as it has launched a next-day delivery service to challenge...

SK Geo Centric optimizes plastic recycling tech with US company

SK Geo Centric optimizes plastic recycling tech with US company

SK Geo Centric Co., a South Korean energy and chemical company, is accelerating technical negotiations to build the world's first plastic recycling ...

SK Ecoplant targets European waste battery recycling market

SK Ecoplant targets European waste battery recycling market

SK Ecoplant Co., its Singaporean subsidiary TES-AMM, and domestic eco-friendly business and secondary battery materials leader Ecopro Co. are poised...

SK Group affiliates hire more female outside directors

SK Group affiliates hire more female outside directors

Major affiliates of South Korea’s SK Group are recruiting a large number of female outside directors with the arrival of the season of regular...

LG Energy, SK On to showcase LFP battery prototypes at InterBattery 2023

LG Energy, SK On to showcase LFP battery prototypes at InterBattery 2023

LG Energy Solution Ltd. and SK On Co. will showcase their lithium iron phosphate (LFP) battery prototypes next week, as the two South Korean battery...

AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab Inc., a computer security solutions provider in South Korea, announced on Thursday that its smartphone security solution "V3 Mobile Security"...

SK Networks invests $22 mn in US AI-based device company

SK Networks invests $22 mn in US AI-based device company

South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, ...

SK Square’s Swiss unit joins EU quantum satellite project

SK Square’s Swiss unit joins EU quantum satellite project

A Swiss company owned by South Korea’s SK Square Co. has joined a European project to develop a quantum communications satellite, the company ...

SK Oceanplant acquires patents for offshore wind power structure fabrication

SK Oceanplant acquires patents for offshore wind power structure fabrication

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...

S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech

S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech

South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classification body DNV for "K-...

KEXIM bank inks $6 billion financing deal with Aramco

KEXIM bank inks $6 billion financing deal with Aramco

The Export-Import Bank of Korea said on Tuesday it has signed a three-year framework agreement with Saudi Arabian Oil Co.(Aramco), to provide up to ...

SK Plasma to build blood products plant in Indonesia

SK Plasma to build blood products plant in Indonesia

South Korea’s SK Plasma will build a blood products plant in Indonesia.Industry sources on Tuesday said the company recently received approval...

Korean lawmakers mull higher chip tax credits, battery subsidies

Korean lawmakers mull higher chip tax credits, battery subsidies

South Korea’s main opposition party will propose higher tax credits and subsidies for domestic chipmakers and battery manufacturers as early a...

SK Chemicals buys Chinese supplier’s recycled raw materials, PET unit

SK Chemicals buys Chinese supplier’s recycled raw materials, PET unit

South Korea’s SK Chemicals has created a production system for chemically recycled raw materials and PET for about 130 billion won ($100.1 mil...

SK Earthon to be reborn as carbon-neutral company

SK Earthon to be reborn as carbon-neutral company

SK Earthon, an oil development subsidiary of South Korea's SK Innovation Co., plans to transform into a carbon-neutral company focused on oil explor...

Korea's SK Telecom jointly develops AI patrol robots

Korea's SK Telecom jointly develops AI patrol robots

SK Telecom Co., along with its partner firms, will develop artificial intelligence (AI) robots that will replace security guards patrolling around s...

Phase 3 clinical plan for SK Bioscience's booster shot approved in Colombia

Phase 3 clinical plan for SK Bioscience's booster shot approved in Colombia

SK Bioscience Co., a leading South Korean vaccine and biotech company, announced on Monday that its phase 3 clinical trial plan for a heterogeneous ...

Kakao to launch takeover bid for SM to counter HYBE

Kakao to launch takeover bid for SM to counter HYBE

Kakao Corp., South Korea’s dominant mobile platform, will launch a takeover bid for SM Entertainment Co., according to people with knowledge o...

HYBE barely ups SM stake in tender offer amid tensions with Kakao

HYBE barely ups SM stake in tender offer amid tensions with Kakao

HYBE Co. has raised its stake in the K-pop pioneer SM Entertainment Co. by merely 0.98% in a tender offer, after just one institution and minority i...

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