S.Korea's Hanwha Asset Management staff protest personnel reshuffle

Internal conflict is growing at South Korea's Hanwha Asset Management over the company's de facto restructuring of its fund management in the wake o...

Samsung, LG ditch BOE in likely Apple deal for iPad Pro OLED panels

Samsung Display Co. and LG Display Co. will likely win orders from Apple Inc. to build organic light-emitting diode (OLED) displays for the US tech ...

POSCO decides to build electric furnace at Gwangyang Works

South Korea’s leading steelmaker POSCO on Tuesday said it will begin its transition to a low-carbon production system by building an electric ...

Samsung eyes wider foundry client base with Ambarella deal

Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it will manufacture automotive chips for US chip designer Ambar...

S.Korea's HMM establishes system for recycling waste ropes

South Korea's HMM Co. announced on Tuesday that it had signed a business agreement with Foresys, a company specializing in marine waste management. ...

Korea's Hansol Technics enjoys profit on chip equipment unit

Hansol Technics Co., a South Korean company that makes modules for liquid crystal display (LCD) and solar panels, boosted earnings last year thanks ...

Will CATL’s bargain sales hurt Korean EV battery makers?

China’s Contemporary Amperex Technology Co. (CATL), the leading global electric vehicle battery manufacturer, has started a price war in the w...

Kosdaq-listed Daebo Magnetic’s 46% stake up for sale, its shares swing

South Korea’s leading secondary battery equipment player Daebo Magnetic Co. is set to sell its owner family’s controlling stake of about...

S.Korea's Samsung C&T wins 2023 Asia Design Prize

On Monday, Samsung C&T Corp.'s construction division announced that Dongrae Raemian iPark in Busan, South Korea, a project in which it participa...

Samsung Electronics, Naver partner to create simple payment service

Samsung Electronics Co. and South Korea's Naver Financial have formed a simple payment service alliance in which users of Samsung Pay can make simpl...

Korea's NPS, KTCU likely to invest in CVC's ninth buyout fund

South Korea’s key institutional investors are highly likely to invest via European private equity giant CVC Capital Partners’ ninth buyo...

Samsung ‘demanding customer’ for ASML as orders rise

VELDHOVEN, Netherlands – South Korea’s Samsung Electronics Co. is a “demanding customer” for the Netherlands-based ASML Hold...

Stock inflows to Korea slow on weak currency, valuation

A weaker South Korean currency and worries about valuation have deterred foreign investors’ appetite for local shares, casting expectations of...

Blind revamps job matching service to rival LinkedIn

Teamblind Inc., the developer of South Korea’s homegrown anonymous professional community app Blind, will reach out to a broader job-seeking p...

Korea's Musicow to lead fractional IP ownership globally

Musicow Inc., South Korea’s first music copyright trading platform, is set to gain momentum as fractional ownership in copyright claims has be...

Korea United Pharm signs contract to supply medicines to Saudi Arabia

Korea United Pharm. Inc. announced on Monday that it signed a contract to supply nine types of medicines, including 11 anticancer drugs, to Saudi ph...

LG Uplus, Ecorbit to build smart safety solution at waste disposal site

LG Uplus Corp., a South Korean mobile telecom service carrier, announced on Monday that it is deploying a smart safety solution at waste disposal co...

Koreans’ voracious appetite for pork belly extends to Canadian pork market

As South Korea prepares for Samgyeopsal Day, or Pork Belly Day, on March 3, the country has further upped pork imports from Canada – this afte...

LG Electronics unveils new OLED TV at Frieze LA

LG Electronics Inc. said on Sunday that it would launch its 2023 model LG OLED Evo TV globally next month, after showcasing it at Frieze LA, one of ...

LG Uplus to participate in Drone Show Korea

On Sunday, South Korean mobile telecom carrier LG Uplus Corp. announced that it would host a joint exhibition hall with Kakao Mobility, GS Engineeri...

Three provincial airports in S.Korea offer direct flights to Mongolia

South Korea is expanding its number of flight connections with Mongolia.The Ministry of Land, Infrastructure and Transport on Sunday said it agreed ...

Korea’s first ChatGPT-authored, AI-proofread book due this week

ChatGPT has been around for nearly three months and is causing untold chaos across industries and academia.Now, the artificial intelligence chatbot,...

Samsung leader eyes memory chip packaging investment

Samsung Electronics Co., the world’s largest memory chipmaker, may accelerate investment in leading-edge technologies including chip packaging...

S.Korean won near 2-month low as US data fans Fed hike views

The South Korean won skidded to a near two-month low on Friday as hotter-than-forecast US inflation data added to expectations that the Federal Rese...

S.Korea confirms economic slowdown, recession concerns loom

The South Korean finance ministry on Friday confirmed that the country’s economy has slowed, mired in stubbornly high inflation and sluggish e...

Korea's Hanwha Q Cells halts litigation against Chinese module maker

Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, has signed a contract to transfer technology licenses to Chinese s...

Korea's Cha Bio Group to expand overseas real estate business

Cha Bio Group, consisting of Cha Biotech and Cha Vaccine Research Institute as its subsidiaries, has announced its expansion into the real estate in...

S.Korea's KT CS reports record sales in 2022

On Friday, KT Corp.'s customer service unit, KT CS, announced that its sales revenue for the previous year reached a record high of 591.6 billion wo...

Samsung launches Galaxy S23 series in 55 markets worldwide

Samsung Electronics Co. announced on Friday the release of its latest flagship smartphone, the Galaxy S23 series, in 55 markets around the world, in...

S.Korea's Hwajin Medical gets FDA sales approval for syringes

HLB Therapeutics Co. announced Thursday that Sofjec, a syringe produced by its subsidiary Hwajin Medical, has been approved for sale by the US Food ...