SK Telecom to host global AI hackathon in Seoul with OpenAI

SK Telecom to host global AI hackathon in Seoul with OpenAI

South Korea's SK Telecom Co. will hold next month an artificial intelligence contest with OpenAI, the American information and communications techno...

Camp David Summit to Unite U.S., South Korea, Japan

Camp David Summit to Unite U.S., South Korea, Japan

WASHINGTON—A new trilateral alliance linking the U.S., South Korea and Japan will enhance cooperation among the nations in key areas, includin...

SK On to expand domestic battery cell plant for $1.1 bn

SK On to expand domestic battery cell plant for $1.1 bn

SK On Co., a South Korean rechargeable battery maker, will make its largest-ever domestic facility investment of 1.5 trillion won ($1.1 billion) to ...

Mirae Asset Global Investments buys Australian robo-advisor firm

Mirae Asset Global Investments buys Australian robo-advisor firm

South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...

Samsung raises $2.2 billion via ASML stake sale for chip investment

Samsung raises $2.2 billion via ASML stake sale for chip investment

Samsung Electronics Co., the world’s largest memory chipmaker, has sold 3.55 million shares in Dutch chip equipment maker ASML Holding N.V. fo...

SK Telecom's T deal sees 81.5% transaction amount increase in H1

SK Telecom's T deal sees 81.5% transaction amount increase in H1

South Korea's SK Telecom Co. announced on Monday that the transaction volume of its artificial intelligence (AI)-curated text commerce T deal in the...

Tokio Marine seeks to sell SE Asia units to S.Korean companies

Tokio Marine seeks to sell SE Asia units to S.Korean companies

Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...

S.Korean LLM war intensifies to fend off ChatGPT

S.Korean LLM war intensifies to fend off ChatGPT

South Korean technology companies, both big and small, are rushing to advance Korean large language models (LLM) to fend off the pioneering chatbot ...

SK Geo Centric, China’s Sinopec mark 10-year alliance

SK Geo Centric, China’s Sinopec mark 10-year alliance

China-Korea Petrochemical, a joint venture (JV) between South Korea’s SK Geo Centric and the Chinese public oil company Sinopec, celebrates it...

Cosmax opens Asia's largest cosmetics plant in China

Cosmax opens Asia's largest cosmetics plant in China

Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...

SK invests $100 mn in ChatGPT developer's rival Anthropic

SK invests $100 mn in ChatGPT developer's rival Anthropic

South Korea’s SK Telecom Co. said on Sunday it has invested $100 million in the US startup Anthropic, a ChatGPT rival artificial intelligence ...

Falling on deaf ears: Costco Korea cart pusher's death

Falling on deaf ears: Costco Korea cart pusher's death

Costco Wholesale’s co-founder Jim Sinegal had said South Korea was a “fantastic market,” where it ran its largest store in terms o...

SK Hynix ships DRAM with world’s largest capacity to Oppo

SK Hynix ships DRAM with world’s largest capacity to Oppo

SK Hynix Inc., the world’s second-largest memory chipmaker, supplied DRAM chips with the industry’s largest capacity for mobile devices ...

KOREA Investment Week 2023 with KB KOREA Conference

KOREA Investment Week 2023 with KB KOREA Conference

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LS Cable invests $117.5 million in boosting submarine cable output

LS Cable invests $117.5 million in boosting submarine cable output

South Korea’s LS Cable & System on Thursday announced additional investment of 155.5 billion won ($117.5 million) in its plant in Donghae,...

S.Korea's largest investment forum to begin Sept. 11

S.Korea's largest investment forum to begin Sept. 11

South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...

SK Hynix’s LPDDR5T chip likely mounted on MediaTek’s Dimensity

SK Hynix’s LPDDR5T chip likely mounted on MediaTek’s Dimensity

SK Hynix Inc.'s latest mobile DRAM chip LPDDR5T is expected to be mounted on MediTek Co.’s next-generation mobile application processor (AP) c...

Global fashion brands block Koreans' access to US websites

Global fashion brands block Koreans' access to US websites

Some global fashion brands such as Ralph Lauren Corp. and Tommy Hilfiger have blocked South Koreans’ access to their US websites to support bu...

S.Korea's SK C&C enters battery sector with DNA Motors

S.Korea's SK C&C enters battery sector with DNA Motors

South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...

Sejong City to cooperate with Northern Ireland in smart city, cybersecurity

Sejong City to cooperate with Northern Ireland in smart city, cybersecurity

South Korea's Sejong Special Self-Governing City will pursue economic exchange with Northern Ireland and cooperation in cybersecurity research with ...

SK Square to buy back $152 mn of its stocks by March 2024

SK Square to buy back $152 mn of its stocks by March 2024

South Korean investment firm SK Square Co. will buy back 200 billion won ($151.9 million) worth of corporate shares by March of next year as an effo...

SK Bioscience buys 6.5 million Novavax shares for $83.4 million

SK Bioscience buys 6.5 million Novavax shares for $83.4 million

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, said on Wednesday it has signed a deal to buy 6.5 million shares in US vacc...

SK Hynix unveils another NAND to win chip stacking war

SK Hynix unveils another NAND to win chip stacking war

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., showcased its progress in the chip stacking technolo...

SK Pharmteco secures 12 global pharma clients, sets up US R&D center

 SK Pharmteco secures 12 global pharma clients, sets up US R&D center

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured 12 global pharm...

UBS names Credit Suisse Korea head as vice chair for Asia

UBS names Credit Suisse Korea head as vice chair for Asia

UBS Group AG, a global investment bank, appointed Kyungin David Lee, chief of Credit Suisse Group AG’s Seoul branch, as vice chair for Asia an...

Budget carriers turn around with highest-ever profits in Q2

Budget carriers turn around with highest-ever profits in Q2

South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...

SK Telecom’s transition into AI company gains traction

SK Telecom’s transition into AI company gains traction

SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...

SSG.Com announces global first launch of Piaget's new watch

SSG.Com announces global first launch of Piaget's new watch

SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...

Orion teams up with Dutch Mill to tap Vietnamese dairy market

Orion teams up with Dutch Mill to tap Vietnamese dairy market

South Korea's Orion Corp. announced on Tuesday its strategic collaboration with Thailand's dairy behemoth, Dutch Mill Co., marking its ambitious ent...

Korean boiler makers set sights on Central, South America

Korean boiler makers set sights on Central, South America

South Korea’s major boiler manufacturers are stepping up overseas expansion to diversify beyond the saturated domestic market, setting their s...

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