Science-based Targets initiative
Scope
Date
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Korean SMEs
Sampyo targets India’s railway track parts market
Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the ...
Sep 11, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SKC to acquire 12% stake in US chip packaging startup Chipletz
SKC Ltd., a South Korean chemical materials company, said on Monday it will take part in a series B round of investment in Chipletz, a US fabless su...
Sep 11, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Laneige debuts in Mexican market
South Korean cosmetics giant Amorepacific Corp. announced on Monday that it is entering the Mexican beauty market with its globally popular skincare...
Sep 11, 2023 (Gmt+09:00)
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Artificial intelligence
KT, SingPost to team up for AI-based digital logistics
South Korea's KT Corp. announced on Monday that it has signed a memorandum of understanding (MOU) with Singapore Post (SingPost), a state-run postal...
Sep 11, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Mobility to build mobility-customized GenAI platform
South Korea's Kakao Mobility has announced a vision to build an evolved platform with generative artificial intelligence (GenAI) specialized for mob...
Sep 08, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE to build world's largest ammonia carriers
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of HD Hyundai Heavy Industries, is set to become the f...
Sep 07, 2023 (Gmt+09:00)
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Electronics
India, LG’s land of promise with young, rich population
NOIDA, India -- LG Electronics Inc., the leading global home appliance maker, plans to build a new electronics plant in India to cement its dominant...
Sep 06, 2023 (Gmt+09:00)
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Fashion
Korea's National Geographic Apparel steps up push into China
South Korean fashion company The Nature Holdings Co. is set to expand the presence of its outdoor clothing brand National Geographic Apparel in Chin...
Sep 06, 2023 (Gmt+09:00)
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Batteries
Solus aims to mass-produce copper foil in Canada from 2026
Solus Advanced Materials Co., a South Korean copper foil supplier to Tesla Inc., on Tuesday broke ground on its third overseas plant in Quebec, Cana...
Sep 06, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul to open hidden space below City Hall subway station
Seoul is set to unveil a secret path below the City Hall subway station to the public for the first time in 40 years as the South Korean capital aim...
Sep 05, 2023 (Gmt+09:00)
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Travel & Leisure
Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high
Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...
Sep 05, 2023 (Gmt+09:00)
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Infrastructure
Australia’s renewables speeding toward net zero: Palisade
Australia, among the largest carbon emitters globally, is embarking on a once-in-a-generation shift from heavy dependence on fossil fuels to the ele...
Sep 04, 2023 (Gmt+09:00)
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Beauty & Cosmetics
L'Oréal keeps door open for more K-beauty acquisitions
L'Oréal S.A., the leading global cosmetics maker, is considering more acquisitions and partnerships in the beauty sector of South Korea, the ...
Sep 01, 2023 (Gmt+09:00)
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Korean food
NewJeans selected as global ambassador for Pepero
Lotte Wellfood announced on Friday that it has appointed K-pop girl group NewJeans as the global ambassador for its iconic snack brand, Pepero. Know...
Sep 01, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Mirae Asset seeks to buy India’s 9th-largest brokerage Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...
Aug 31, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s Coreline Soft teams up with HCK of Switzerland
South Korea's Coreline Soft, a maker of artificial intelligence (AI)-based imaging diagnostic materials, on Wednesday said it will sell its chest di...
Aug 31, 2023 (Gmt+09:00)
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Korean startups
S.Korea to invest in Korean-owned overseas startups
South Korea will expand startup nurturing programs into overseas venture companies launched by Koreans from next year as the country is stepping up ...
Aug 30, 2023 (Gmt+09:00)
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Energy
Dongkook Lifescience, Veolia team up for energy efficiency initiatives
Dongkook Lifescience Co., established through a spin-off from Dongkook Pharmaceutical Co. in May 2017, announced on Tuesday that it has entered into...
Aug 29, 2023 (Gmt+09:00)
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Blockchain
FNSValue, UN agency to provide passwordless authentication for fintech
South Korean blockchain company FNSValue Co. on Monday signed a partnership agreement with the International Telecommunication Union (ITU), the Unit...
Aug 29, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI flies FA-50 fighter jets with pride at Radom Airshow
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is stepping up its defense export marketing efforts ...
Aug 28, 2023 (Gmt+09:00)
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Chemical Industry
Korean LG Chem to spend $95 mn to double water treatment biz
South Korea’s top chemicals maker LG Chem Ltd. plans to spend 124.6 billion won ($94.5 million) on increasing its water treatment material out...
Aug 28, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis, Israel's Autotalks to develop V2X for self-driving cars
Hyundai Mobis Co., the world’s sixth-largest auto component maker, is slated to partner with Israeli chipset maker Autotalks Ltd. to develop 5...
Aug 27, 2023 (Gmt+09:00)
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Electronics
Samsung launches AI-based diet suggestion platform
Samsung Electronics Co. has launched Samsung Food, an integrated food platform that offers a personalized eating experience and connects to the comp...
Aug 25, 2023 (Gmt+09:00)
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Artificial intelligence
Doosan Robotics to develop GPT-based collaborative robots
Doosan Robotics, a subsidiary of South Korea's Doosan Group specializing in robot solutions, is venturing into the development of collaborative robo...
Aug 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
A ship with AI engineers, deckhands?: HD KSOE makes it a reality
Artificial intelligence (AI) is now on everyone’s lips, and the shipping and shipbuilding industries are no exception to this global phenome...
Aug 24, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion gets OK partial approval for phase 3 of biosimilar in Europe
South Korean biopharmaceutical company Celltrion Inc. announced on Tuesday that it has received approval from the European Medicines Agency (EMA) fo...
Aug 22, 2023 (Gmt+09:00)
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Korean stock market
MXene: Korean investors’ next target after superconductor craze fizzles
Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...
Aug 21, 2023 (Gmt+09:00)
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Korean games
WeMade partners with three companies for WEMIX Play onboarding
South Korea's game developer and publisher WeMade Co. announced on Friday that it has signed onboarding agreements with several domestic and interna...
Aug 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Samho sees bumper 2023 as ship orders pile up
Yeongam, South Jeolla Province -- On Aug. 14, workers at Hyundai Samho Heavy Industries Co.'s shipyard were meticulously inspecting the cargo hold o...
Aug 17, 2023 (Gmt+09:00)
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ESG
HMM wins top ESG rating among global shipping companies
South Korea’s No. 1 container transportation and shipping service HMM Co. has secured the premier position in global shipping for its environm...
Aug 17, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet