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...
DeepBrain AI joins CB Insights' Global 250 Generative AI Startups list
DeepBrain AI, a South Korean AI startup, said on Friday it made the list of "Global 250 Generative AI Startups" by CB Insights, a New York-based mar...
AI medical software company Lunit to open subsidiary in Europe
South Korea's Lunit, an artificial intelligence (AI) medical software company, on Friday said its board meeting held on the previous day decided to ...
S.Korea to lure global talent with high pay for space agency
South Korea is set to attract global talent with high salaries for a planned government space agency as the country aims to boost long-term growth i...
Samsung C&T to cancel $2.3 bn worth of treasury shares, stocks up
Samsung C&T Corp.’s share price zoomed on Thursday on news that the company will cancel its entire treasury stock holdings worth about 2.9...
LG Energy Solution joins global climate disclosure initiative
South Korean battery maker LG Energy Solution Ltd. said on Wednesday that it has become the first domestic battery maker to endorse the Task Force o...
S.Korea's extended reality sector forms industry convergence alliance
The Korea Display Industry Association (KDIA) on Wednesday signed a memorandum of understanding (MOU) on a convergence alliance of the domestic exte...
SK Biopharm holds sales meeting for marketing Cenobamate in US
On Wednesday, SK Biopharmaceuticals Co. announced that its US subsidiary, SK Life Sciences Inc., held a "National Sales Meeting" in San Diego. The p...
S.Korea, Mongolia discuss stabilization of mineral supply chains
The Korea Chamber of Commerce and Industry and Mongolian National Chamber of Commerce and Industry in Seoul on Tuesday held a business forum o...
S.Korean shipbuilders rule world’s eco-friendly vessel market
South Korea’s shipbuilders have won more than half of the orders to build eco-friendly vessels so this year based on advanced technology to do...
Bespin Global, STEG partner to develop cloud management platform
South Korea's two IT firms, Bespin Global and STEG, have teamed up to jointly develop a cloud operation management platform. Bespin Global said on T...
LG Energy Solution tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. for the second straight year was No. 1 on the global market for electric vehicle (EV) batteries excluding Chin...
Samsung, SK Hynix: key beneficiaries of ChatGPT fever
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, stand to benefit from the global popularity of ChatGPT. ...
Korea’s Hyundai Dept. Store drops holding company plan
South Korea’s major retailer Hyundai Department Store Group Co. gave up a plan to split off its core high-end shopping mall affiliate and conv...
Hancom goes global with SDK, SaaS products
South Korea’s homegrown office suite developer Hancom Inc. will seek to boost its brand awareness in the global B2B software market with softw...
Samsung to supply advanced 5G network equipment to KDDI
South Korea’s tech giant Samsung Electronics Co. has been chosen as the supplier of advanced fifth-generation network equipment to Japan&rsquo...
KT DS secures global standard certification for Smart-X
KT DS, an IT service arm of South Korea's KT Group, said on Thursday that its Internet-of-Things (IoT) solution Smart-X has passed the oneM2M certif...
Shinhan Financial returns to top in Korea with record NP in 2022
Shinhan Financial Group Co. reported a record-high net profit of 4.6 trillion won ($3.6 billion) last year, snatching back the crown of South Korea&...
Kyobo Life Insurance speeds up creation of holding company
South Korea’s Kyobo Life Insurance Co. is set to establish a holding company by the second half of 2024. The major insurer seeks to raise its ...
Lotte Group to directly control global real estate unit
Lotte Corp., the fifth-largest conglomerate in South Korea, is poised to strengthen its real estate development unit under the direct control of the...
Korea EV cell materials firms race for silicon anode market
South Korea’s secondary battery ingredient makers are rushing to develop silicon anode materials, next-generation core substances that signifi...
SK Ecoplant changes North American corporation name
SK Ecoplant Co., a construction company of S.Korea's SK Group, said on Monday that it would change the name of its North American corporation BETEK,...
Citibank Korea provides $412 mn to POSCO for Argentine business
Citibank Korea signed on Jan. 25 a financial contract with POSCO Argentina, a subsidiary of South Korea's steel and secondary battery raw material g...
NPS lags global peers in 2013-2022 investment returns
South Korea's National Pension Service (NPS), the world's third-largest pension fund, has underperformed its global peers over the past decade in te...
UK's Croda to buy Korean bio materials maker for $286 mn
Croda International Plc., a British specialty chemicals company, is set to acquire South Korean bio materials producer Solus Biotech Co. for some 35...
SeAH begins construction on stainless steel pipe plant in Saudi Arabia
SeAH Gulf Special Steel Industries (SGSI), a joint venture between South Korea's SeAH CSS and Saudi Arabian oil giant Aramco, has broken ground on a...
KB Financial Group holds investment conference via metaverse
South Korea's KB Financial Group on Tuesday presented its investment philosophy to individual and institutional customers in the metaverse, a three-...
Samsung unveils Galaxy S23 with better camera, processor
SAN FRANCISCO – Samsung Electronics Co., the world’s top smartphone maker, unveiled on Wednesday its flagship Galaxy S23 series equipped...
SGC Solutions expands overseas sales channels for its brand Glasslock
South Korea's glassware maker SGC Solutions said Tuesday that it has signed a memorandum of understanding (MOU) with the Korea Small & Medium Bu...
Korea’s Hyundai Electric wins $86 mn transformer deal in US
Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...
