Korea Zinc to raise $1.8 bn in rights issues amid face-off with MBK

Korea Zinc Inc. will raise 2.5 trillion won ($1.8 billion) in rights issues in December following its share buybacks and allocate 20% of them to its...

LG Uplus unveils content review platform 1Row

South Korea's LG Uplus Corp. said on Wednesday it launched 1Row, a content review platform for movies and dramasUsers can access cast and director i...

S.Korea's Daesang holds kimchi contest in US

South Korea's Daesang Corp. said on Monday it hosted the "Jongga Kimchi Blast" event in the US to promote kimchi and elevate Korean food culture.&...

Samsung to unveil 400-layer bonding vertical NAND for AI servers by 2026

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a 400-layer vertical NAND flash chip by 2026 to lead the fast-g...

LG Energy Q3 profit more than doubles on higher sales; shares jump

LG Energy Solution Ltd., the world’s third-largest battery maker, said its quarterly operating profit more than doubled from the previous thre...

BTS Jin previews new song ‘I’ll Be There' ahead of release of his solo album

BTS Jin released “I'll Be There,” a preview track from his first solo album, on Friday, his agency Big Hit Music announced.“I'll B...

Kia reveals teaser images of The New Sportage

South Korea's Kia Corp. unveiled the teaser images and videos of The New Sportage, the facelift model of Kia's flagship compact sport utility vehicl...

Samsung unveils generative wallpaper of AI TVs

Samsung Electronics Co. said on Wednesday the launch of its Generative Wallpaper feature for the 2024 Neo QLED and QLED models, powered by Tizen OS....

Hana Financial’s Hana The Next: New financial services tailored for seniors

As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...

Hanwha Asset taps US for Korean defense ETF listing

Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...

Kakao to launch AI messenger service Kanana in H1 2025

South Korea’s platform giant Kakao Corp. will roll out Kanana, a conversational AI agent-integrated messenger app, in the first half of next y...

Doosan to resume Bobcat, Robotics merger with new ratio

South Korea’s plant and machinery powerhouse Doosan Group will resume the merger of Doosan Bobcat Inc. and Doosan Robotics Inc. using a new me...

KB Kookmin Bank opens branches in Chennai, Pune

South Korea's KB Kookmin Bank opens branches in Chennai and Pune, major economic hubs in India on October 21. The bank, which established its Gurug...

Blackpink’s Rose releases new song in collaboration with Bruno Mars

Girl group Blackpink's Rose released her single “APT.” in collaboration with global pop star Bruno Mars on Friday, her agency The Black ...

S.Korea’s No.1 soju maker HiteJinro to foray into global beauty market

HiteJinro Group, South Korea’s No. 1 alcoholic beverage maker with a century-old history, has tapped cosmetics development and production as a...

Samsung primed for graphics chip leadership with 24 Gb GDDR7

Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled the industry’s first 24 gigabit (Gb) graphics DRAM chip, opt...

SK Broadband to launch nationwide dedicated line service in S.Korea

South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...

Apparel maker Hansae sets sights on auto parts business as growth driver

HO CHI MINH CITY – South Korean apparel maker Hansae Yes24 Group has set its sights on the auto parts business as a new growth driver to diver...

South Korea to designate Jeju as flying taxi pilot service zone

South Korea will designate its resort island Jeju a test operation zone for flying taxis as part of the country’s national urban air mobility ...

Hyundai Glovis to enter breakbulk transport business

South Korea's Hyundai Glovis Co. said on Tuesday it participates in Breakbulk Americas 2024, a four-day event in Houston starting on October 15.&n...

Zero-sum fears arise in S.Korean airlines’ game of chicken

South Korea’s air carriers are fiercely vying for lucrative or untapped routes in a game of chicken to shore up their falling profit, raising ...

Cosmax China to build new headquarters in Shanghai

Cosmax Inc., South Korea's cosmetics original development and design manufacturer (ODM), will build a new headquarters in Shanghai's Xinzhuang Indus...

Lotte Hotels & Resorts to upcycle used PET bottles

South Korea's Lotte Hotels & Resorts said on Friday that it will collaborate with Lotte Chilsung Beverage and Lotte Chemical Corp. to establish ...

Korea’s Dongkuk develops world’s 1st biodegradable film for steel plates

Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel unit of South Korean steel conglomerate Dongkuk Holdings Co., on Friday unveiled the wo...

HD Hyundai unveils world’s 1st high-pressure ammonia dual-fuel engine

HD Hyundai Heavy Industries Co. said on Thursday it has developed the world's first ammonia dual-fuel engine with a high-pressure direct injection s...

Hyundai E&C, Surbana Jurong to team up on power projects

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) established a cooperative network with Singapore's largest public-sector ...

Jeju Air launches new Batam, Bali routes

Jeju Air Co., South Korea's leading low-cost carrier (LCC), said on Tuesday that it will launch the routes to Batam and Bali, Indonesia. It's t...

HL to acquire French parking robot firm Stanley Robotics for $24 million

HL Group, the construction-to-auto parts conglomerate in South Korea, will acquire the world’s sole outdoor self-driving parking robot-produci...

LG Energy aims to more than double sales to $50 billion by 2028

LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...

Samsung teams up with Ashley to expand SmartThings IoT service

SILICON VALLEY – South Korean tech giant Samsung Electronics Co. is partnering with Ashley Home Stores Ltd., the US’ largest furniture s...