SK Networks' automotive division launches as SK SpeedMate
South Korea's SK Networks Co. completed a split-off of its automotive maintenance division, which has now launched as a new company named SK Speed...
OCI supplies ultrapure phosphoric acid to SK Hynix
OCI Co. has won a contract from SK Hynix Inc. to supply it high-purity phosphoric acid, becoming the country’s first to provide the core chip-...
Nongshim to build export-only ramen factory in Korea
South Korea’s instant noodle giant Nongshim Co. will build a local plant dedicated to producing ramen — or ramyun, as the company spells...
Korea’s airlines to use SAF starting from Japan routes
South Korea’s airlines are set to use fuel mixed with sustainable aviation fuel (SAF) for international routes, starting from services to Japa...
SK Group’s 3rd-generation daughter comes to the fore
Chey Yoon-chung, the eldest daughter of SK Group Chairman Chey Tae-won, unexpectedly made her debut during an SK Biopharmaceuticals Co. video confer...
High-performance 4680 battery war is on; LG Energy takes lead over rivals
With stagnating electric vehicle sales or an EV chasm set to be prolonged, battery makers are increasingly turning their sights toward next-generati...
Korea Shopping Festa in Vietnam records $12.9 mn in export consultations
The Korean Ministry of SMEs and Startups said on Friday that the "2024 Korea Shopping Festa with Lotte" export consultation event, held in collabo...
Doosan Bobcat scraps merger with Doosan Robotics
Doosan Group on Thursday scrapped a merger between heavy machinery maker Doosan Bobcat Inc. and collaborative robot manufacturer Doosan Robotics Inc...
Hanwha’s heir apparent to unearth new drivers, tighten grip
Hanwha Group has appointed the eldest son of Chairman Kim Seung-youn to lead the investment division of the group’s eco-friendly energy unit i...
Affinity Equity bets big on Korea's car rental market
The car rental business resembles financial services. Buying cars with borrowed money, renting them out and eventually selling them to used car de...
SK Hynix unveils industry’s 1st 10-nanometer DDR5, aims for top spot
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., has emerged as the dominant player in the sought-aft...
Lotte to hold Korea Shopping Festa in Vietnam
South Korea's Lotte Group holds "2024 Korea Shopping Festa with Lotte" in Hanoi, Vietnam. The group and the Korean Ministry of SMEs and Startup...
1.4 mn foreign tourists visits S.Korea in July
The Korea Tourism Organization (KTO) said on Thursday that the number of foreign tourists visiting South Korea in July was 1.41 million, an increase...
Korea to launch regular K-content festival in June
South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...
S.Korean companies fret over Scope 3 disclosure rule
Businesses in South Korea, Asia’s No. 4 economy, are voicing concerns about the government’s plan to mandate companies to disclose their...
Bank of Korea holds rate steady, signals pivot to easing soon
South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...
Korea Investment, Sinar Mas to build data center in Indonesia
Korea Investment Real Asset Management Co. and Indonesian conglomerate Sinar Mas have set up a joint venture to build a hyperscale data center in a ...
SK Innovation-SK E&S merger gains shareholders’ nod
SK Innovation Co., South Korea’s largest energy company, has won majority support from its shareholders for a merger with its liquefied natura...
BC Card, Uzbekistan to connect payment network
South Korea's BC Card said on Monday that it signed a contract with Uzbekistan's state-run payment operator National Interbank Processing Center (NI...
S.Korea's Asicland establishes Taiwan subsidiary
Asicland Co., South Korea's only design house contracted by TSMC, said on Monday that it launched a local subsidiary in Hsinchu, Taiwan.The Taiwan...
S.Korea's Xingxing to merge Kickgoing
Pump Co., the operator of South Korea's personal mobility (PM) sharing service Xingxing, said on Monday that it will merge with Wololo, the company ...
Korea’s Husteel enjoys surging Saudi Steel Pipe stock prices
South Korean Husteel Co.'s long-term investments in Saudi Steel Pipe Co. are paying off as its share price surges on the back of deals with the king...
SK Telecom provides SaaS-based passkey solution for biz
South Korea's SK Telecom Co. said on Monday it offers a passkey system, enabling password-free login and user authentication, via a software-as-a-se...
Kioxia’s TSE IPO: Boon for SK Hynix, bane for Samsung Electronics?
TOKYO – The planned initial public offering (IPO) of Japanese memory chipmaker Kioxia Holdings Corp. is expected to affect its bigger South Ko...
Korea’s Tmax Group buys back software developer for $612 mn
South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...
NPS to veto SK Innovation’s merger with LNG affiliate
South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, said on Thursday it is set to ve...
Samyang Roundsquare to recruit foreign interns
Samyang Roundsquare, the holding company of South Korea's Samyang Group, said on Friday that it recruits foreign interns with the potential for full...
CJ ENM’s CJ Onstyle bets big on live commerce
CJ Onstyle, the at-home TV shopping and e-commerce brand of South Korea’s content and commerce powerhouse CJ ENM Co., will embark on mobile li...
Kolon FnC to launch Italian high-end brand N21 in S.Korea
South Korea's Kolon FnC said on Thursday that it will launch the Italian high-end fashion brand N21 in South Korea.In August, Kolon FnC has secured ...
SKC to merge two biodegradable material subsidiaries
South Korea's SKC Ltd. said on Wednesday that it plans to merge its biodegradable material subsidiaries, SK Leaveo and SK Tbmgeostone with the merge...
