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 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

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

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

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...

Hyundai Mobis test-drives 'crab walking car' on public roads

South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...

iMarket Korea, Taylor city in Texas sign MOU for business agreement

iMarket Korea, South Korean distributor of industrial materials,  said on Friday that it has signed a memorandum of understanding (MOU) with th...

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 ...

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...

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 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

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

Shinhan Financial Chairman to hold overseas IR in Japan

Shinhan Financial Group's Chairman Jin Ok-dong is set to embark on his first overseas business trip since taking office as chairman last month. From...

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

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

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

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

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

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 ...

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 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

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

Korea's electric battery maker SK On predicts 'tangible results' from 2024

"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...

SK C&C partners with Storm Ventures to discover promising B2B startups

South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and c...

SK Telecom's integrated tech links QCC networks

South Korea's SK Telecom Co. on Wednesday said it developed a technology that virtualizes and connects quantum cryptography and communication (QCC) ...

Time for South Korea's answer to the US battery subsidy act

The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...

SK Hynix to raise $1.5 bn in exchangeable bonds

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Monday it would raise $1.5 billion through exchangeable bonds (EBs) in a p...

SK Siltron joins UNGC to strengthen ESG management

South Korean silicon wafer maker SK Siltron Co. announced on Monday that it has joined the United Nations Global Compact (UNGC) to strengthen its en...