Daesang's spicy rice cake project launches two products
With tteokbokki (spicy rice cake) drawing attention at home and abroad amid a South Korean food craze worldwide, domestic food company Daesang Corp....
Seoul mulls ‘treble damages’ for illegal K-content websites
The South Korean government and the ruling People Power Party are considering tripling punitive damages to illegal distributors of Korean entertainm...
Gencurix joins US gov't Cancer Moonshot project
South Korean cancer molecular diagnostics company Gencurix Inc. announced on Monday that it joins US President Joe Biden's cancer-conquering project...
Hanmi Pharm to develop obesity drug customized for S.Korean
South Korea's Hanmi Pharmaceutical Co. plans to develop the GLP-1 class "Epeglenatide," which it received as a technology return from Sanofi S.A., i...
KG Mobility to launch electric SUV Torres EVX in September
South Korea's KG Mobility Corp., formerly Ssangyong Motor, announced on Monday that it has confirmed the release of the electrified version of its s...
CJ CheilJedang divests Chinese subsidiary Jixiangju for $235 mn
South Korean food giant CJ CheilJedang Corp. announced on Monday that it has completely sold its ownership stake in its Chinese food subsidiary, Jix...
LG Electronics reduces 220,000 tons of CO2 emissions in 2022
LG Electronics Inc. reduced its greenhouse gas emissions by 220,000 tons compared to the previous year at both domestic and overseas facilities. The...
Hanwha to turn Seoul landmark into modern art hub
Standing 249 meters (817 feet) high, 63 SQUARE, well known as the 63 Building to older generations, was once the tallest building in Seoul until it ...
Samsung pins high hopes on new Galaxy Z foldables
Foldable phones will likely account for one-third of Samsung Electronics Co.'s domestic sales of its flagship Galaxy smartphone series this year, le...
CJ Bioscience to launch microbiome analysis service in 2024
South Korea's CJ Bioscience Inc. announced on Friday that it plans to officially launch the microbe analysis platform "EzBiome Bioinformatics app" (...
NPS commits $724 mn to CVC Capital’s ninth PE fund
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has committed €650 million ($724 million...
HD Hyundai XiteSolution to surpport Ukraine's reconstruction
HD Hyundai Co. announced on Thursday that Dmytro Ponomarenko, the Ukrainian Ambassador to South Korea, and his delegation visited the Pangyo HD Hyun...
SK E&S, Plug Power to strengthen hydrogen partnership
South Korea's SK E&S Co. and Plug Power, a global hydrogen solutions provider, have reinforced their commitment to accelerating the developmen...
S.Korea’s men’s fashion platform Deps launches offline store
Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...
Lunit to supply AI diagnosis solution to Saudi's medical institution
South Korea's medical AI company Lunit announced on Wednesday that it has signed a contract to supply its artificial intelligence (AI) solution for ...
KEPCO KPS signs O&M extension agreement for Uruguay power plant
South Korea’s KEPCO KPS signed an extension agreement with the Uruguayan Electricity Authority (UTE) on Wednesday for the operation and mainte...
CJ Logistics to enter global pharmaceutical transportation market
South Korea’s CJ Logistics on Wednesday said it obtained the certification CEIV Pharma, or the Center of Excellence for Independent Validators...
SK Telecom enters cloud managed service provider market
South Korea's SK Telecom Co. will aggressively enter the cloud market by providing differentiated services based on its nationwide communication net...
LG Chem gets int'l certification in calculation of product carbon footprint
South Korea's LG Chem Ltd. on Tuesday said it received certification for its calculation method for product carbon footprints (PCF) from the global ...
Raphas microneedle passes US FDA's cGMP inspection
South Korea's microneedle maker Raphas Co. announced on Wednesday that it has passed the Current Good Manufacturing Practice (cGMP) inspection by ...
ISTE to develop eco-friendly hydrogen with British company
An innovative South Korean small business has secured technology to simultaneously produce eco-friendly hydrogen and cathode materials for secondary...
S.Korea’s SK On launches domestic battery safety evaluation center
South Korean battery maker SK On has unveiled its state-of-the-art "SK On Battery Safety Evaluation Center" in Seosan, South Chungcheong Province. T...
POSCO Int'l wins Indonesia gas exploration project
South Korea’s POSCO International Corp. is poised to secure rights worth several billion dollars to explore and produce natural gas in Indones...
S.Korea relies heavily on Samsung Elec for R&D spending: FKI
South Korea’s corporate expenditures on research and development grew 1.7 times from 2013 to 2021, much slower than such spending by the US an...
Hyundai Motor Group, Seoul Univ. to jointly develop battery
Hyundai Motor Group opened a joint battery research center at Seoul National University, marking its full-fledged foray into next-generation battery...
Huons’ overseas market expansion leads to record-high sales
South Korea's Huons Group is continuing its record-breaking performance while expanding its influence in the global market.According to Huons Group ...
S.Korea’s fashion brand Handsome expands overseas portfolio
South Korean fashion company Handsome Corp. is accelerating expansion of its portfolio for licensing foreign brands.The company on Monday said it co...
Korea's Daesang begins production of sugar alternative allulose
South Korean food maker Daesang Corp. has started operations of the country’s largest facility for the production of allulose, a low-calorie s...
MyRealTrip launches restaurant reservation service in Japan
South Korea's travel app MyRealTrip announced that it partnered with the Japanese accommodation and restaurant reservation platform Ikyu, becoming t...
KT invests over $11 mn in AI software company Moreh
South Korea's KT Corp. will invest 15 billion won ($11.6 million) in Moreh, a Seoul-based artificial intelligence (AI) infrastructure software compa...
