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. ...
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...
Binance acquires majority stake in S.Korea's crypto exchange Gopax
Binance, the leading cryptocurrency exchange globally, has acquired a majority stake in South Korea's Gopax by purchasing CEO Lee Joon-haeng's 41.2%...
SK Hynix set for largest-ever corporate bond issue at bargain prices
SK Hynix Inc., the world’s second-largest memory chipmaker, is gearing up for its largest-ever corporate bond issue in South Korea at lower-th...
Hyundai Card to provide Apple Pay in South Korea
Apple and Hyundai Card on Wednesday officially announced the launch of the simple payment service Apple Pay in South Korea.The American tech giant s...
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 Innovation steps up carbon offset, green investments
SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is poised to strengthen its eco-friendly b...
Korean won falls on firm US jobs data, new BOJ head report
The South Korean won currency skidded to a four-week low on Monday as stronger-than-expected US employment data renewed expectations that the Federa...
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,...
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...
Korea’s new EV subsidy plan favors Hyundai over Tesla, other imports
South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over imported vehicles, includ...
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...
NYLIM taps Sungyun Hong as head of Seoul office
New York Life Investments (NYLIM) has appointed Sungyun Hong as head of its Seoul office, the US asset management firm said on Wednesday. Hong ...
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...
Korea's credit card approval volume hit all-time high last year
The annual card approval amount in South Korea exceeded 1,000 trillion won ($811.4 billion) for the first time ever. This is largely because of "ret...
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...
SK Geo Centric receives int'l recognition for eco-friendly polymers
SK Geo Centric Co., South Korea's chemical firm, has received the globally recognized "GRS" certification for its eco-friendly polymers, the company...
Hyundai Mobis bags record $4.6 bn orders from global carmakers
South Korea's Hyundai Mobis, a key affiliate of Hyundai Motor Group, last year enjoyed its best year in orders received from abroad.The company on T...
NPS underperforms global peers by returns for Q1-Q3 2022
South Korea's National Pension Service (NPS), the world's third-largest pension fund, ranked 10th out of the global 42 state-owned investors by rate...
Philip Morris, KT&G extend sales partnership to 2038
KT&G Corp., the world's fifth-largest tobacco maker, has extended its sales partnership with US cigarette giant Philip Morris International Inc....
Hanwha Solutions, SKS Credit propel to build eco-friendly data center
Hanwha Solutions Corp. said on Monday that its business unit Hanwha Solutions Insight Division has signed a memorandum of understanding (MOU) with S...
Samsung Electronics' life cycle assessment gauges CO2 emission impact from chips
Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...
AI tech of Samsung Research recognized via machine translation award
Samsung Research, the research and development (R&D) hub of Samsung Electronics Co., has proven its excellence in artificial intelligence-based ...
S.Korea, Japan compete in gastroesophageal reflux drug market
South Korea is battling Japan again, this time on the global market to treat gastroesophageal reflux disease (GERD). South Korea's pharmaceutical pr...
