Boeing’s Korean supplier targets UAV market with guided weapons

Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...

Eastar Jet to add 7 airplanes with aim to rake in $111.2 mn in 2023 sales

Eastar Jet Co., a South Korean low-cost airline, will expand its fleet to 10 aircraft this year to resume flight services at home and abroad about t...

S.Korean sovereign wealth fund KIC to set up Mumbai office

Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...

Samsung SDI to showcase solid-state battery tech at InterBattery 2023

South Korea's leading secondary battery maker Samsung SDI Co. has announced its participation in Korea's largest battery exhibition, InterBattery 20...

CGBio opens cosmetic surgery clinic in Bali using bio-medical tech

CGBio, a South Korean bio-renewable medical company, announced on Monday that it opened a medical esthetic clinic, called Nulook, in Bali, Indonesia...

Apple Pay to launch in South Korea on March 21

Apple's mobile payment service, Apple Pay, is set to launch domestically in South Korea on March 21, according to industry sources on Monday.With th...

POSCO, Korea Zinc, Vale to close Korean nickel JV

POSCO Holdings Inc. and Korea Zinc Co. will close Korea Nickel Corp. set up jointly with Brazilian mining giant Vale Ltd. as the two Korean companie...

Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity

South Korea’s top tire maker Hankook Tire & Technology Co. shut down a local production complex on Sunday due to a fire, stoking concerns ...

KT launches open beta version of metaverse platform Genieverse

South Korea's KT Corp. announced on Monday the launch of an open beta version of its business-to-consumer (B2C) metaverse platform, "Genieverse."The...

SK Networks renames its EV charger unit to SK Electlink

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...

Nongshim lands deal to export smart farms to Saudi Arabia

South Korea's food and beverage giant Nongshim Co. will export smart farms to Saudi Arabia, following a similar deal with the United Arab Emirates (...

H2O Hospitality signs MOU with Ministry of Investment of Saudi Arabia

H2O Hospitality Ltd., a South Korean company specializing in digital transformation in the hospitality and leisure industries, announced on Monday t...

LG Elec to showcase eco-friendly cooling, heating solutions at ISH 2023

LG Electronics Inc. is aiming to expand its presence in the European air conditioning market with its high-efficiency heat pump cooling and heating ...

Pulmuone looks to enter US plant-based convenience food market

Pulmuone, a leading South Korean producer of plant-based foods such as tofu and bean sprouts, is trying to expand the K-food territory in the global...

Hyundai L&C targets China’s interior materials market

Hyundai L&C, a South Korean building materials company under the Hyundai Department Store Group, said on Sunday that it has entered the Chinese ...

Tourist arrival gap between S.Korea, Japan widens sharply

Since Japan resumed visa-free travel for South Koreans in October last year, South Koreans have been flocking to the neighboring country.But the num...

Korean convention sector enjoys increase in events post-pandemic

Coex Convention & Exhibition Center, the largest event complex in Seoul, was crowded on Friday for a smart factory and plant automation fair.&ld...

BC Card signs contracts for Indonesia's digital payment project

BC Card Co., a South Korean credit card company, said on Friday it has signed two contracts to provide digital payment services for Indonesia’...

KSOE wins order for 2 mid-sized gas carriers at $146 mn

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company for HD Hyundai Co., announced on Friday in a regu...

SK Geo Centric optimizes plastic recycling tech with US company

SK Geo Centric Co., a South Korean energy and chemical company, is accelerating technical negotiations to build the world's first plastic recycling ...

SK Ecoplant targets European waste battery recycling market

SK Ecoplant Co., its Singaporean subsidiary TES-AMM, and domestic eco-friendly business and secondary battery materials leader Ecopro Co. are poised...

H2O Hospitality rebrands itself as it eyes Middle East expansion

H2O Hospitality, a hospitality tech company that provides digital solutions for the hotel and tourism industry, said on Tuesday that it has rebrande...

Samsung, Arm partner Gaonchips eyes US as next offshore base

Gaonchips Co., a long-term Samsung Electronics Co’s chip design house partner that also works with British fabless chip company Arm Inc., will...

Dayou A-Tech completes building EV seat production facility

Dayou A-Tech Co., a South Korean car seat manufacturer under the Dayou Winia Group, announced on Thursday that it has built a seat production facili...

OliX's hair loss treatment candidate approved for clinical trial in Australia

South Korea's OliX Pharmaceuticals has received approval from Australia's Human Research Ethics Committees (HREC) to plan a phase 1 clinical trial o...

Asiana Airline boosts flights to China as demand recovers

Asiana Airlines Inc. said on Thursday that it would increase its flights to China by nearly nine times from this month, aiming to restore half of it...

S.Korea sees under 10 mn Facebook users per month: Report

The number of monthly users in South Korea of the Meta-run social media platform Facebook last month fell to under 10 million.Mobile Index, a big da...

Hyundai Motor spins off 4 in-house startups in mobility, AI, data

Hyundai Motor Group has spun off four new in-house startups, including MOBINN with autonomous driving technology and APLAYS with AI-powered music cu...

AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab Inc., a computer security solutions provider in South Korea, announced on Thursday that its smartphone security solution "V3 Mobile Security"...

Kyochon F&B opens new store at Kuala Lumpur Airport

South Korea's fried chicken chain Kyochon F&B is spreading its wings in Malaysia, where it has recently opened a new store at the bustling Kuala...