LIG Nex1, KAIST, HHI sign MOU for unmanned marine system partnership

LIG Nex1, KAIST, HHI sign MOU for unmanned marine system partnership

South Korea's defense contractor LIG Nex1 Co. took part in the "2022 Yi Sun-sin Defense Industry Exhibition" held at the Jinhae Naval Academy on Wed...

Kakao unveils measures to prevent recurrence of service disruptions

Kakao unveils measures to prevent recurrence of service disruptions

South Korea’s Kakao Corp. has unveiled a series of measures to prevent a recurrence of service disruptions after the mobile platform giant cam...

SK Car Rental acquires ISO 45001 for safety, health management system

SK Car Rental acquires ISO 45001 for safety, health management system

SK Car Rental said on Wednesday that it has obtained the safety and health management system (ISO45001) certification from the British Standards Ins...

Korean Air signs agreement with L3Harris for airborne control system

Korean Air signs agreement with L3Harris for airborne control system

Korean Air Lines Co. is collaborating with L3Harris International, an American aerospace contractor, to introduce the airborne control system for th...

Samsung Elec names first female president under Chairman Jay Y. Lee

Samsung Elec names first female president under Chairman Jay Y. Lee

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive reshuffle, marked by its...

SK Gas achieves milestone of zero accidents for 28 consecutive years

SK Gas achieves milestone of zero accidents for 28 consecutive years

SK Gas said on Monday that its liquefied petroleum gas (LPG) import terminal in Pyeongtaek had achieved a record of no accidents for 28 consecutive ...

Hanwha Systems completes training center for Philippine Navy

Hanwha Systems completes training center for Philippine Navy

Hanwha Systems Co. on Friday said it held a ceremony the day before to mark its completion of a combat system training center for the Philippine Nav...

Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES

Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES

Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...

LS Cable & System Asia expands cable production capacity in Vietnam

LS Cable & System Asia expands cable production capacity in Vietnam

LS Cable & System Asia said on Thursday that it has invested 6.8 billion won in its Vietnamese subsidiary LS Cable & System Vietnam to compl...

Shell-First: Samsung Foundry’s custom-tailored new operation strategy

Shell-First: Samsung Foundry’s custom-tailored new operation strategy

As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...

SK Innovation to adopt internal carbon pricing system

SK Innovation to adopt internal carbon pricing system

SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...

Samsung Heavy succeeds in autonomous navigation system demonstration 

Samsung Heavy succeeds in autonomous navigation system demonstration 

Samsung Heavy Industries Co. announced on Thursday that it successfully completed the demonstration of its autonomous navigation capabilities in the...

LG CNS to design smart city system for Indonesia's new capital

LG CNS to design smart city system for Indonesia's new capital

South Korea's LG CNS will provide a smart city design for Indonesia's new capital of Nusantara. The company on Tuesday said it signed the day before...

Lawmakers’ move to amend law could rattle Samsung governance

Lawmakers’ move to amend law could rattle Samsung governance

South Korean lawmakers are moving to revise an insurance industry law that would force Samsung Group-affiliated insurers to sell their shares in Sam...

Samsung Heavy develops liquefied hydrogen fuel cell system

Samsung Heavy develops liquefied hydrogen fuel cell system

Samsung Heavy Industries has succeeded in developing a liquefied hydrogen fuel cell system for use in marine propulsion. The electric power is ...

LG CNS hires new employees based on computer coding skills

LG CNS hires new employees based on computer coding skills

LG CNS Co., the information technology service arm of LG Group, is hiring new employees based on computer coding skills regardless of the candidates...

LG Elec speeds up robot biz expansion in logistics sector

LG Elec speeds up robot biz expansion in logistics sector

LG Electronics Inc., the world’s top home appliance maker, has ramped up expansion of robot applications in the smart logistics sector with it...

Hyundai Mobis, Luxoft to unveil infotainment system for future mobility

Hyundai Mobis, Luxoft to unveil infotainment system for future mobility

South Korea’s largest auto parts maker Hyundai Mobis Co. and Swiss technology company Luxoft have jointly developed an advanced in-vehicle inf...

Japan, Spain firms join forces with Woojin for Korean bullet train bid

Japan, Spain firms join forces with Woojin for Korean bullet train bid

A Japanese company and a Spanish firm have joined hands with a South Korean company for a local bullet train supply deal as the country is expected ...

Samsung insurers commit $650 mn to Blackstone's alternative assets

Samsung insurers commit $650 mn to Blackstone's alternative assets

South Korea’s Samsung Life Insurance Co. and Samsung Fire & Marine Insurance Co. have committed to a $650 million injection in some altern...

S.Korea to introduce advanced supercomputer by 2024

S.Korea to introduce advanced supercomputer by 2024

South Korea will introduce a high-performance supercomputing system by 2024, more than 24 times faster than the current model, a government-run rese...

Hyundai Rotem rolls out Korea’s fastest bullet train

Hyundai Rotem rolls out Korea’s fastest bullet train

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, has rolled out the country’s fastest bullet train that can r...

Samsung’s Lee, SoftBank’s Son to discuss partnership on ARM

Samsung’s Lee, SoftBank’s Son to discuss partnership on ARM

Samsung Electronics Co. Vice Chairman Jay Y. Lee will meet with Japan’s SoftBank Group Chairman Masayoshi Son next month to discuss a deal reg...

LG's 5G backup system installed in AWS cloud platform

LG's 5G backup system installed in AWS cloud platform

LG Uplus Corp., a South Korean internet service provider, said on Tuesday that it has installed its 5G mobile backup network system in the cloud com...

SK Telecom revs up digital economy on its metaverse platform

SK Telecom revs up digital economy on its metaverse platform

South Korea’s top mobile carrier SK Telecom Co. is accelerating a digital economic system on its metaverse platform ifland, the telecom giant ...

South Korean gamers mobilize offline to make their voices heard 

South Korean gamers mobilize offline to make their voices heard 

Angered by what they deem to be an unfair rewards system and poor customer service, South Korean players of Kakao Games Corp.’s Japan-created ...

Hyundai narrows Level 3 self-driving tech gap with Tesla to one year

Hyundai narrows Level 3 self-driving tech gap with Tesla to one year

South Korea’s top automaker Hyundai Motor Co. has narrowed its technology gap in Level 3 self-driving vehicles with Tesla Inc. to one year, mo...

Hyundai, Ultra Safe Nuclear sign micro reactor procurement agreement

Hyundai, Ultra Safe Nuclear sign micro reactor procurement agreement

Hyundai Engineering Co., the plant engineering and construction arm of Hyundai Motor Group, announced on Friday that it signed a framework agreement...

K-chicken chain BB.Q foresees stores quadrupling in N.America

K-chicken chain BB.Q foresees stores quadrupling in N.America

Gourmands in North America will be able to enjoy South Korean fried chicken more conveniently as BB.Q Chicken, the country’s leading franchise...

Korea’s BC Card to buy Indonesian IT firm for SE Asia biz growth

Korea’s BC Card to buy Indonesian IT firm for SE Asia biz growth

BC Card Co., a South Korean financial services provider, agreed to acquire an Indonesian IT company as it expands its businesses into overseas marke...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot