LG's SC9S named 2nd best premium soundbar: Consumer Reports

LG's SC9S named 2nd best premium soundbar: Consumer Reports

South Korea’s LG Electronics Inc. is highly recognized for its TV sound systems in the US, the world’s largest home appliance market. Ea...

Korea’s Glenwood PE in spotlight with carve-out deals

Korea’s Glenwood PE in spotlight with carve-out deals

South Korean investment firm Glenwood Private Equity Co. is solidifying its leading position with a carve-out strategy in the domestic market, execu...

Korea’s E-Mart24 to debut in Cambodia, aims for 100 stores by 2028

Korea’s E-Mart24 to debut in Cambodia, aims for 100 stores by 2028

E-Mart24 Inc., one of South Korea’s leading convenience store chains, will make a foray into Cambodia to gain ground in one of Southeast Asia&...

Samsung to build $281 million chip packaging R&D center in Yokohama

Samsung to build $281 million chip packaging R&D center in Yokohama

South Korea’s Samsung Electronics Co., the world’s largest memory chipmaker, will build a 40 billion yen ($281 million) advanced chip pa...

The Hyundai Seoul unveils Louis Vuitton store

The Hyundai Seoul unveils Louis Vuitton store

The Hyundai Seoul, South Korea's largest department store in Yoido, on December 21 opened a Louis Vuitton women's store, marking a significant addit...

Daedong partners with POSCO to build first robot for steel mills

Daedong partners with POSCO to build first robot for steel mills

Daedong Corp., South Korea’s leading tractor and farm machinery maker, said on Thursday it has teamed up with POSCO Holdings Inc., the parent ...

S.Korea’s LF opens 9th store in Vietnam

S.Korea’s LF opens 9th store in Vietnam

South Korea’s fashion company LF Corp. announced on Thursday that it opened its ninth store in Vietnam at Trang Tien Plaza in Hanoi.Trang Tien...

Korea’s troubled kimchi fridge maker Winia seeks new owner

Korea’s troubled kimchi fridge maker Winia seeks new owner

Winia Co., South Korea’s troubled kimchi refrigerator manufacturer under court receivership, is looking for a new owner to save the company fr...

S.Korea sees new record of seaweed exports

S.Korea sees new record of seaweed exports

South Korea's seaweed (Gim) exports hit 1 trillion won ($770 million) in this year, the Ministry of Oceans and Fisheries announced on Wednesday. I...

Campbell Lutyens taps ex-KIC PE chief as Korea head

Campbell Lutyens taps ex-KIC PE chief as Korea head

Campbell Lutyens & Co. Ltd., a UK private equity advisory firm, has tapped sovereign wealth fund Korea Investment Corporation (KIC) former PE he...

Kolon Industries doubles aramid production facility

Kolon Industries doubles aramid production facility

South Korea's industrial materials maker Kolon Industries Inc. doubled its aromatic polyamide fibers (aramid) production capacity after completing...

Myeong-dong cements status as super-prime real estate in Korea

Myeong-dong cements status as super-prime real estate in Korea

A 170-square-meter plot of land in Myeong-dong, central Seoul, where South Korean beauty brand Nature Republic’s flagship store is located, ha...

Watchmaker TAG Heuer launches direct operations in S.Korea

Watchmaker TAG Heuer launches direct operations in S.Korea

Swiss watchmaker TAG Heuer S.A. is set to launch direct operations in South Korea, the world’s seventh-largest luxury market in terms of sales...

Samsung Elec unveils new image sensors for robotics, XR

Samsung Elec unveils new image sensors for robotics, XR

Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday introduced new image sensors tailored for advanced content platforms...

Korea’s 1st institutionalized fractional art offering a smash hit

Korea’s 1st institutionalized fractional art offering a smash hit

South Korea’s first institutionalized fractional investing in a work of art proffered by Yeolmae Company, operator of South Korea’s frac...

Poultry processor Harim to buy Korean top sea carrier HMM for $5 bn

Poultry processor Harim to buy Korean top sea carrier HMM for $5 bn

South Korea’s leading poultry processor Harim Group is set to acquire the country’s No. 1 sea flag carrier HMM Co. for about 6.4 trillio...

SK E&S to strengthen Korea's liquid hydrogen ecosystem

SK E&S to strengthen Korea's liquid hydrogen ecosystem

SK E&S Co., an energy unit of South Korean conglomerate SK Group, will cooperate with domestic firms to strengthen the country’s liquid hy...

Vietnamese lead record-high foreign job growth in S.Korea

Vietnamese lead record-high foreign job growth in S.Korea

The number of foreign employees in South Korea reached an all-time high this year, with the Vietnamese leading the pack, amid rising minimum wages a...

Shinsegae I&C to open charging station Spharos EV

Shinsegae I&C to open charging station Spharos EV

South Korea’s Shinsegae I&C Inc. announced on Monday that its electric vehicle (EV) charging service Spharos EV will introduce a total o...

Naver, NHIS to boost data services with HyperCLOVA X

Naver, NHIS to boost data services with HyperCLOVA X

South Korea's leading online portal Naver Corp. and the state-run National Health Insurance Service (NHIS) will collaborate to leverage advanced art...

Korea’s 6G frequency bands picked as standard candidates

Korea’s 6G frequency bands picked as standard candidates

Sixth-generation (6G) communication frequency bands proposed by South Korea have been adopted as global standard candidates by the industry's freq...

Hyundai Motor, UAE’s Mubadala to collaborate on future business projects

Hyundai Motor, UAE’s Mubadala to collaborate on future business projects

South Korea’s top automaker Hyundai Motor Co. and the United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. have agreed to...

New Samsung, LG laptops drive industry shift toward on-device AI

New Samsung, LG laptops drive industry shift toward on-device AI

Samsung Electronics Co. and LG Electronics Inc. are unveiling new artificial intelligence-powered laptops next month, joining an industry move to in...

Hyundai's Kona included on French EV subsidy eligibility list

 Hyundai's Kona included on French EV subsidy eligibility list

Hyundai Motor Co.'s sports utility vehicle Kona is the only Korean EV included on a list of 78 electric vehicle models eligible for French subsidies...

Kolon Industries to downsize industrial film business amid weak demand

Kolon Industries to downsize industrial film business amid weak demand

Kolon Industries Inc., a South Korean chemical and textile manufacturer, is downsizing its industrial film business amid weak demand and growing com...

Samsung tech leak suspects allegedly bribed by Chinese firm

Samsung tech leak suspects allegedly bribed by Chinese firm

A former senior manager at Samsung Electronics Co. and an ex-subcontractor employee are among those accused of receiving several tens of million dol...

Samsung to release Galaxy Book4 laptop series in January

Samsung to release Galaxy Book4 laptop series in January

Samsung Electronics Co. will release its laptop lineup Galaxy Book4 series on Jan. 2, 2024, with a new intelligent processor for high performance an...

SK Ecoplant, Korea South-East Power tap UAE as green energy base

SK Ecoplant, Korea South-East Power tap UAE as green energy base

SK Ecoplant Co., a South Korean construction engineering and waste management firm under SK Group, is accelerating a plan to set up a major green en...

Korea Housing Finance Corp. opens New York office

Korea Housing Finance Corp. opens New York office

Korea Housing Finance Corporation announced on Wednesday that it has opened a New York office to serve as a hub for its overseas fund procurement ac...

Samsung, ASML to build joint research plant in Hwaseong

Samsung, ASML to build joint research plant in Hwaseong

Samsung Electronics Co. and ASML Holding NV plan to build their joint research plant in Dongtan township in Hwaseong, South Korea, in which the me...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS BOK chief warns household debt near tipping point, keeps rates steady