Korean Air delivers AH-6 helicopter fuselage to Boeing

Korean Air Lines Co. announced on Monday that it has delivered the initial production units of AH-6 helicopter fuselages for the AH-6 project awarde...

Kakao Mobility to develop EV, self-driving tech with Vietnam's Vingroup

South Korea's Kakao Mobility is collaborating with Vietnam's No. 1 corporation Vingroup JSC and Southeast Asia's biggest information and communicati...

KAI succeeds in localizing wing spar components for Israeli business jet

Korean Aerospace Industries Ltd. (KAI), a South Korean aerospace and defense company, announced on Friday that it held a commemorative event for the...

Blind recognized as one of Time100 Most Influential Companies 2023

Blind, the renowned online forum for verified but anonymous professionals, has been included on the esteemed Time100 Most Influential Companies list...

Startup Spatial looks to become YouTube in metaverse

Metaverse platform startup Spatial aims to grow into a company that allows users to enjoy interactive content together, as COVID-19 has increased th...

HD Hyundai showcases its future green vessel tech in Vietnam

South Korea's HD Hyundai Co. on Thursday said its CEO Chung Ki-sun visited the affiliate Hyundai Vietnam Shipbuilding in the central Vietnamese prov...

S.Korea attracts investment of $940 mn from 6 European companies

South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D centers.The six compani...

Renault to build new EV plant at its Korean base in Busan

BUSAN – French automaker Renault S.A. will build a new electric vehicle manufacturing plant in South Korea to meet growing demand for eco-frie...

Hyundai Motor, Kia regain top spot in Vietnam's auto market

Hyundai Motor Co. and Kia Corp. are solidifying their dominance in the Vietnamese car market through the launch of new models and competitive lineup...

Korea's Doosan Enerbility sells Bobcat stake in $214 mn block deal

South Korea’s major power plant builder Doosan Enerbility Co. has sold a minority stake in Doosan Bobcat Inc., its construction equipment unit...

Samsung Electronics holds biannual global strategy meeting

Samsung Electronics Co. on Tuesday launched its three-day global strategy meeting, a biannual event held in June and December where major executives...

Lotte Rental CEO becomes first owner of Kia EV9

The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...

Lotte affiliates’ credit ratings downgraded all at once

The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...

SK Siltron to collaborate with Taiwan's Nanya on carbon neutrality

South Korea's SK Siltron announced on Tuesday that it has signed a business agreement with Taiwan's DRAM supplier Nanya Technology Corporation to st...

Samsung C&T wins order $585 mn construction project in Taiwan

The construction division of South Korea's Samsung C&T Corp. on Monday said it landed an order for the Fubon Aozihdi Development Project from Ta...

Pinkfong’s Bebefinn surpasses 10 million subscribers in 14 months

The Pinkfong Company's "Bebefinn" YouTube channel has surpassed 10 million subscribers. The Pinkfong Company, popularly known for its "Baby Shark" c...

S.Korea-Iraq Joint Committee resumes operations after six years

A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pr...

S.Korean SMEs unprepared for Indonesia’s mandatory halal certification

South Korea's Ministry of SMEs has begun moving to help SMEs planning to export to Indonesia obtain halal certification.The SME Ombudsman said on Tu...

Innocean acquires digital marketing company D-Plan 360

Innocean, a Hyundai Motor Group-affiliated advertising agency, has acquired the Seoul-based digital marketing company D-Plan 360 to greatly rai...

LG Energy selects 10 promising global startups in battery area

South Korea's battery maker LG Energy Solution Ltd. announced on Tuesday that it will strengthen collaboration with global startups with high growth...

HD Hyundai Oilbank develops recycled plastic containers

South Korea's petroleum and refinery company HD Hyundai Oilbank Co. has jointly developed a container using recycled plastic with domestic plastic c...

LG to slim down petrochem as Chinese rivals creep up

South Korea’s LG Chem Ltd. is speeding up restructuring efforts to sell or downsize uncompetitive businesses, with an aim to focus on three gr...

Microsoft defies media report of issues in tie with OpenAI

REDMOND, WASHINGTON – A Microsoft Corp.’s key executive defied a media report that its partnership with OpenAI, the developer of the glo...

S.Korea's Daesang acquires US food company Lucky Foods

Daesang Corporation, a South Korean manufacturer of food and pharmaceutical ingredients, announced on Monday that it has acquired the US food compan...

Huons’ 2% lidocaine gets approval from FDA

South Korean pharmaceutical firm, Huons Co., announced on Monday that it has secured another significant regulatory milestone in the US with the Foo...

Hyundai Glovis acquires logistics automation SW company Altiall

South Korea's leading logistics company Hyundai Glovis Co. announced on Monday that it has signed a stock purchase agreement related to the acquisit...

Hanwha Systems joins C-130H airplane modification project

Hanwha Systems Co. announced on Monday that it has been awarded a second contract by the Defense Acquisition Program Administration for the South Ko...

S.Korea's shipyards get OK from shipping companies to delay vessel delivery

South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domest...

POSCO Future M cut greenhouse gases 8.6% in 2022

South Korea's chemical company POSCO Future M Co. last year lowered greenhouse gases a surprising 8.6% from 2021. Reducing its CO2 emissions despite...

India rises as LG's cash cow under revised S.Korean tax laws

South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...