Daedong completes S.Korea's largest rooftop solar power plant

Daedong completes S.Korea's largest rooftop solar power plant

South Korea's Daedong Mobility announced on Friday that it has completed the construction of the largest rooftop solar power plant in the country at...

S.Korea's Andar strengthens tech alliance with LYCRA Company

S.Korea's Andar strengthens tech alliance with LYCRA Company

The athletic-leisure brand Andar Co. announced on Friday that it will strengthen its technological alliance with the LYCRA Company, the world's larg...

HMM enhances maritime safety with AI technology

HMM enhances maritime safety with AI technology

HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at b...

Korea’s Lotte sells Lotte Glory Properties Shenyang amid US-China dispute

Korea’s Lotte sells Lotte Glory Properties Shenyang amid US-China dispute

South Korea’s retail giant Lotte Group has signed a deal to sell a theme park project in Shenyang, China – its latest move to pull out o...

Korea builds system to speed up naked short-selling ban

Korea builds system to speed up naked short-selling ban

South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the ...

Hanwha Aerospace, Poland sign $1.6 billion Chunmoo rocket launcher deal

Hanwha Aerospace, Poland sign $1.6 billion Chunmoo rocket launcher deal

Hanwha Aerospace Co., a leading South Korean defense company, on Thursday signed a $1.64 billion deal to supply 72 units of Chunmoo multiple launch ...

Machine tool maker DN Solutions kicks off IPO process

Machine tool maker DN Solutions kicks off IPO process

DN Solutions Co., the world’s third-largest machine tool maker, has kicked off the process of going public on the Korea Exchange, in an initia...

CJ Olive Young opens Hongdae Town for K-beauty experience

CJ Olive Young opens Hongdae Town for K-beauty experience

CJ Olive Young Corp., South Korea’s top beauty store chain, announced on Thursday that it will open Olive Young Hongdae Town, a specialty stor...

Lotte Global Logistics, Megvii to collaborate AI logistics

Lotte Global Logistics, Megvii to collaborate AI logistics

South Korea's Lotte Global Logistics announced on Thursday that it signed a memorandum of understanding (MOU) with Megvii Technology, a Chinese arti...

Samsung launches Galaxy C55 5G in China

Samsung launches Galaxy C55 5G in China

Samsung Electronics Co. has launched the Galaxy C55 5G, a budget-friendly smartphone series designed specifically for the Chinese market, marking th...

SK Hynix to invest $14.6 bn to build HBM plant in S.Korea

SK Hynix to invest $14.6 bn to build HBM plant in S.Korea

SK Hynix Inc. will spend 20 trillion won ($14.6 billion) to build a new memory chip manufacturing plant on a site originally designated to build a N...

Bet on innovations with societal impact: Kakao Ventures CEO

Bet on innovations with societal impact: Kakao Ventures CEO

In the past 10 years, Kim Ki-jun has been on the hunt for deep technology startups that will have a significant societal impact, and he will continu...

Hanwha Life to buy stake in Indonesia's Lippo-owned bank

Hanwha Life to buy stake in Indonesia's Lippo-owned bank

South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023...

Samsung showcases AI TV techs in SE Asia

Samsung showcases AI TV techs in SE Asia

Samsung Electronics Co. announced on Wednesday that it held its 2024 Southeast Asia Tech Seminar in Bangkok, Thailand from April 23 to 24. The ...

S.Korea taps ex-NASA exec John Lee as space agency R&D head

S.Korea taps ex-NASA exec John Lee as space agency R&D head

South Korea named John Lee, a former senior executive of the US National Aeronautics and Space Administration (NASA), as the head of missions such a...

Korchip sets IPO price above expected range

Korchip sets IPO price above expected range

South Korea's micro secondary battery manufacturer Korchip set its IPO price at 18,000 won ($13.15), exceeding the upper end of the expected range (...

N.Korean hackers attack South’s arms makers for tech data

N.Korean hackers attack South’s arms makers for tech data

North Korean hackers allegedly attacked South Korean arms manufacturers and stole technical data from them over more than a year Seoul’s polic...

Korea's Lotte Insurance put on market for around $1.5 bn

Korea's Lotte Insurance put on market for around $1.5 bn

Lotte Group’s non-life insurance affiliate Lotte Insurance Co., has been put up for sale at around 2 trillion won ($1.5 billion), according to...

S.Korea’s IBK, Japan’s Mizuho Bank agree on $218-million committed line

S.Korea’s IBK, Japan’s Mizuho Bank agree on $218-million committed line

South Korea’s state-run Industrial Bank of Korea (IBK) has agreed on a 300 billion won ($218 million) committed credit line with Japanese lead...

SK Telecom, SoftBank to collaborate for SV measurement

SK Telecom, SoftBank to collaborate for SV measurement

South Korea’s SK Telecom Co. announced on Tuesday that it signed a memorandum of understanding (MOU) for cooperation in measuring social value...

Hana Bank launches All-care Solution for Real Estate Wealth

Hana Bank launches All-care Solution for Real Estate Wealth

South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...

OCI to invest up to $1.5 bn in Malaysia’s polysilicon plant

OCI to invest up to $1.5 bn in Malaysia’s polysilicon plant

KUALA LUMPUR -- OCI Holdings Co., South Korea’s leading chemical and green energy company, plans to invest up to 2 trillion won ($1.5 billion)...

TYM exports 900 tractors to the Philippines

TYM exports 900 tractors to the Philippines

South Korea's agricultural machinery company TYM Corp. announced on Tuesday that it has won a bid project by the Philippine government to supply tra...

Samsung Bioepis gets OK to sell Stelara biosimilar in Europe

Samsung Bioepis gets OK to sell Stelara biosimilar in Europe

South Korea's Samsung Bioepis has received approval from the European Commission to sell Pyzchiva, a biosimilar of the autoimmune disease Stelara.&n...

Alibaba eyes 1st investment in Korean e-commerce platform

Alibaba eyes 1st investment in Korean e-commerce platform

China's Alibaba Group Holding Ltd. is likely to make its first investment in a South Korean online shopping platform as it aims to gain a competitiv...

Blackstone signs over $1 bn deal with MBK for 1st exit in Korea

Blackstone signs over $1 bn deal with MBK for 1st exit in Korea

Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of Geo-Young Corp....

Kakao Mobility to offer robot delivery service with LG

Kakao Mobility to offer robot delivery service with LG

Kakao Mobility Corp., South Korea’s most popular ride-hailing app operator, will offer indoor robot delivery service with self-driving robots ...

Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant

Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant

South Korea’s top automaker Hyundai Motor Group said on Monday it has signed a 15-year power purchase contract with a US solar energy generati...

Korea’s Smilegate unveils new RPG Chaos Zero Nightmare

Korea’s Smilegate unveils new RPG Chaos Zero Nightmare

Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, on Monday unveiled a teaser for an upcoming role...

HD Hyundai Infracore to participate in INTERMAT 2024

HD Hyundai Infracore to participate in INTERMAT 2024

South Korea's HD Hyundai Infracore Co. announced on Monday that it will participate in INTERMAT 2024 which will be held from April 24 to 27 at Parc ...

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push Korean waste management firm Koentec put on market for $730 mn