Hanjin to provide logistics services for S.Korean SMEs in Vietnam
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, signed a memorandum of understanding (MOU) with the Small Enterprise and Mark...
Orion seeks M&As, facility expansion with dividends from China, Vietnam
Orion Holdings Corp., a leading South Korean confectionery and snack maker, has been active in overseas markets for decades, particularly in China a...
POSCO to sell entire stake in P&O Chemical to OCI
POSCO Future M Co., a battery materials affiliate of South Korean steel giant POSCO Holdings Inc., will sell its entire stake in P&O Chemical Co...
LG to seek most of profit from new growth engines
LG Electronics Inc., the leading global home appliance maker, aims to generate most of its profit from future growth drivers by 2030 as the South Ko...
LG Energy looks to battery safety diagnosis software business
LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...
After Mercedes Fire, EV Owners Want to Know What Battery They Have
SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...
Korea’s Mirae Asset to open AI business unit in New York
Mirae Asset Group, the pioneer in South Korea’s mutual fund industry, plans to set up an artificial intelligence business unit in New York as ...
Naver Cloud takes the lead in Korea’s public AI business
South Korean online giant Naver Corp.'s cloud subsidiary is expanding its presence in the country’s public artificial intelligence market by w...
Korean Telco giant KT’s Midas touch with hotel business
KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indus...
Yanolja to restructure affiliates to boost profit before Nasdaq IPO
South Korea’s top travel and accommodation booking platform operator Yanolja Co. is seeking to streamline and restructure its affiliates to bo...
Kakao to launch conversational AI platform for B2C commerce
South Korean mobile platform giant Kakao Corp. said on Thursday that it will accelerate its artificial intelligence push by launching a conversation...
NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market
South Korea’s gaming behemoth NCSOFT Corp. has set up a joint venture with Vietnamese tech unicorn VNG Corp. to tap into Southeast Asia starti...
PUBG’s Krafton taps ex-Apple, Samsung execs for global business
South Korean gaming giant Krafton Inc. has hired former executives of not only global game developers but also tech leaders such as Apple Inc. and S...
SK Telecom logs higher quarterly profit on AI, lower costs
SK Telecom Co., South Korea’s top mobile carrier, reported a higher quarterly profit as its cost-cutting and strong artificial intelligence (A...
Low-cost carrier Fly Gangwon rebranded as Parata Air
South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....
MezzoMedia acquires digital ad agency DBASE&
MezzoMedia, a digital marketing solutions company under South Korea's entertainment company CJ ENM Co., announced on Thursday that it acquired the d...
SoftBank-backed Tridge in trouble amid Korean startup doom
Tridge Co., South Korea’s first agricultural product and food trading platform operator invested in by SoftBank Group Corp., is in financial t...
Kia’s Chinese business makes turnaround as it becomes export base
South Korean automaker Kia Corp.'s Chinese business has been struggling for years amid escalating tension between the US and China – Korea&rsq...
KOSME, CJ Olive Young support K-beauty SMEs to enter US
Korea SMEs and Startups Agency (KOSME) announced on Tuesday that it held online and offline marketing and buyer meetings in partnership with CJ Oliv...
S.Korea relinquishes control to China in smaller OLED market
LG Display Co. and Samsung Display Co. lost ground to their Chinese rivals in the global small and mid-sized organic light-emitting diode (OLED) pan...
Hanwha, Univ. of Surrey to team up for space business
Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a memorandum of understan...
LG Electronics posts record Q2 profit, to accelerate transition into AI leader
LG Electronics Inc., a leading South Korean electronics maker, on Thursday posted its highest quarterly operating profit and sales for the April-Jun...
Goldman Sachs taps ex-Morgan Stanley MD as Korea co-head
Goldman Sachs Group Inc. said on Monday that it has appointed Ahn Jae-hoon, former managing director at Morgan Stanley & Co. LLC as country co-h...
LG Innotek to foster car communication parts business with digital key
South Korea’s LG Innotek Co. aims to accelerate growth in the global auto communication parts market with a new digital car key as its parent ...
Lotte Rental to service Vietnam's individual long-term rental
Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it will enter Vietnam's individual long-term car rental market in ...
Lotte leader Shin Dong-bin stresses pivot to AI-centered innovation
Shin Dong-bin, chairman of South Korea’s retail, food and chemicals conglomerate Lotte, on Friday urged affiliate executives to ramp up effort...
S.Korea's early stage VC funding down amid dearth of targets
Early stage startup funding has plummeted in South Korea as venture capitalists shifted to late-stage venture firms with stable business models amid...
LG to foster smart factory business as new B2B growth driver
PYEONGTAEK, Gyeonggi Province -- LG Electronics Inc., the leading global home appliance maker, aims to foster its smart factory business as a new gr...
Samsung buys UK deep tech startup to boost AI business
Samsung Electronics Co., the world’s top mobile phone maker, will acquire Oxford Semantic Technologies, a British deep tech startup, to enhanc...
F&F to expand Discovery clothing business across Asia
F&F Co., a South Korean clothing company, has secured exclusive rights to use the Discovery Channel brand across Asia to reinvent the documentar...
