Malaysia, OCI’s base set to beat Chinese polysilicon rivals
SARAWAK, Malaysia – OCI Group, South Korea’s leading chemical and green energy conglomerate, is expanding its polysilicon facility in Ma...
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 ...
Hyundai Glovis expects better 2024 after beating market in Q1
Hyundai Glovis Co. expects an improvement in earnings this year from last year after reporting better-than-expected sales and operating profit in th...
SK Networks establishes AI lab in Silicon Valley
South Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology development organizati...
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...
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 ...
Samsung Asset eyes expansion into US ETF market
NEW YORK – South Korea’s largest asset manager Samsung Asset Management Co. is leveraging its strategic partnership with a US investment...
POSCO tightens belts, seeks M&A within 3 years: new chairman
Chang In-hwa, chairman and chief executive of POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, has vowed to take drastic...
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...
Korean Air, WestJet codeshare Incheon~Calgary route
Korean Air Lines Co. announced on Monday that it will expand codeshare operations with Canada's WestJet Airlines.Korean Air will sell flights operat...
BMW to support Korean automotive startups at new R&D center
German luxury carmaker BMW Group is set to support South Korean automotive startups in their overseas expansion as it on Monday opened a new researc...
LG Innotek, SK On win Edison Awards for second consecutive year
South Korea's LG Innotek and SK On have won the Edison Awards in the US for the second consecutive year. LG Innotek announced on April 21 that it r...
LG Uplus to ramp up AI investment by up to 40% in 2024
SILICON VALLEY – LG Uplus Corp., the third-largest mobile carrier in South Korea seeking to transform into a platform company, will expand its...
S.Korean gov’t selects six overseas cities for K-City Network
The South Korean Ministry of Land, Infrastructure and Transport announced on Wednesday that it selected six cities including Indonesia's Jakarta, Vi...
Korean lidar venture SOSLab eyes Kosdaq debut in May
South Korean light detection and ranging (lidar) startup SOSLab aims to debut on the junior bourse Kosdaq in May, according to banking sources on Su...
Korean kimchi makers spur production in US, Australia
South Korean top food makers such as CJ CheilJedang Corp. and Daesang Corp. are expanding their kimchi factories overseas to meet growing demand for...
Korean startup CEOs away from home lead global expedition
South Korea’s promising startup founders, who normally double as chief executive officers for their companies, are leaving their home turf to ...
Hyundai Wia targets Chile's advanced arms market
Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...
K-pop giants poised for rebound with new fandom, rookies
K-pop companies, led by HYBE Co. and SM Entertainment Co., are gearing up for a rebound from poor performances in the first quarter, with the releas...
Hyundai Card, MoMA partner to support young artists, curators
South Korea’s leading credit card company Hyundai Card Co. said on Tuesday it is collaborating with the Museum of Modern Art (MoMA) in New Yor...
Samsung Asset's KODEX S&P500 TR ETF surpasses 1 tn won in net asset
Samsung Asset Management Co. announced on Tuesday that the net asset value of its KODEX US S&P500 TR exchange-traded fund (ETF), which tracks th...
KB Kookmin Card launches card for overseas payments
KB Kookmin Card, a credit card unit of KB Financial Group, announced on Monday that it launched the WE:SH Travel credit card that offers benefits sp...
Aekyung AGE20's to launch cushion foundation in Japan
AGE20's, South Korean cosmetic company Aekyung Industrial Co. 's flagship cosmetic brand, announced that it held a new cushion foundation for a Japa...
Kakao Entertainment seeks restructuring, closer ties with Piccoma
South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., is seeking renewed growth through corporate restructuring and ...
Hyosung TNC to invest $1 bn in new bio-fiber plants in Vietnam
Hyosung TNC Corp., the world’s top spandex maker, plans to invest $1 billion in new bio-textile materials plants in Vietnam to accelerate its ...
Sandy Floor gets seed round from Kakao Ventures
South Korea’s casual multiplayer game developer Sandy Floor Games announced on Wednesday that it got a seed round investment from Kakao Ventur...
Korea's Military Mutual Aid Association starts search for new CIO
South Korea’s Military Mutual Aid Association (MMAA), which managed 10.4 trillion won ($7.7 billion) in assets as of the end of 2023, said on ...
Samsung releases 43-inch Moving Stand
Samsung Electronics Co. announced on Tuesday that it launched the Moving Stand for 43-inch monitors, expanding its lineup following the release of 2...
LG Electronics unveils UltraGear OLED gaming monitors
LG Electronics Inc. announced on Monday that it unveiled LG UltraGear gaming monitors that can switch resolution and refresh rate according to conte...
HSBC faces criminal charges for naked shorting in Korea
South Korean prosecutors on Thursday filed criminal charges against HSBC and three of its traders, accusing them of illegal short selling worth 15.8...
