Korea’s Hyundai Electric wins $86 mn transformer deal in US

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...

Tmap, Shinsegae I&C sign agreement for EV charging collaboration

Tmap, Shinsegae I&C sign agreement for EV charging collaboration

Tmap Mobility said on Monday that it has signed an agreement for the electric vehicle charging business with Shinsegae I&C, an IT service affili...

LG Innotek gears up for FC-BGA substrate mass production

LG Innotek gears up for FC-BGA substrate mass production

South Korea’s LG Innotek Co. is preparing to mass produce flip chip ball grid array (FC-BGA) substrates from the fourth quarter of this year, ...

Samsung seeks to sell more smartphones in Southeast Asia

Samsung seeks to sell more smartphones in Southeast Asia

Southeast Asia is an attractive smartphone market for both heavyweights and mass-market players given the relatively large number of young people wh...

Nibec gets approval for its bone graft biomaterials in Colombia, Mexico

Nibec gets approval for its bone graft biomaterials in Colombia, Mexico

South Korea's bioactive peptide technology company Nibec Co. said on Friday that it has obtained product approval for the sale of two types of denta...

Korea Exchange acquires market operator license in Singapore

Korea Exchange acquires market operator license in Singapore

Korea Exchange (KRX) on Thursday said it has received a "Recognized Market Operator" (RMO) license from the Monetary Authority of Singapore (MAS), a...

S.Korea, Japan compete in gastroesophageal reflux drug market

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...

Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding

Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding

South Korea's retail property technology startup Sweet Spot attracted a Series B investment of 9.5 billion won ($7.7 million) from venture capital a...

South Korea fines US brokerage $9.6 million for high-frequency trading

South Korea fines US brokerage $9.6 million for high-frequency trading

South Korea has fined Citadel Securities over 10 billion won ($8.1 million) for disrupting market order through high-frequency trading in the countr...

DongKoo Bio signs MOU to move into SE Asian healthcare market

DongKoo Bio signs MOU to move into SE Asian healthcare market

DongKoo Bio & Pharma Co. has built a bridgehead for expansion toward the world, including Southeast Asia by joining hands with LVMC Holdings, th...

LG Elec targets indoor golf market with its ProBeam projector

LG Elec targets indoor golf market with its ProBeam projector

LG Electronics Inc. is targeting the overseas indoor golf market with its premium commercial projector LG ProBeam.The company said on Thursday that ...

S.Korean companies in renewed push for Kosdaq listings

S.Korean companies in renewed push for Kosdaq listings

South Korean companies are making renewed pushes to go public this year even at the expense of reduced IPO values.Zaram Technology Inc., a chip desi...

Silicon Valley, Korean startups’ choice for global business

Silicon Valley, Korean startups’ choice for global business

Silicon Valley was the favorite place for South Korean startups for their global business as more of them were established in other countries for th...

Celltrion increases its stake in British ADC developer Iksuda

Celltrion increases its stake in British ADC developer Iksuda

Celltrion Inc. has secured an additional stake in the UK's antibody-drug conjugate (ADC) developer Iksuda Therapeutics.According to Celltrion on Wed...

Kolmar Korea to establish new cosmetics production base in Sejong City

Kolmar Korea to establish new cosmetics production base in Sejong City

South Korea's cosmetic original design manufacturer Kolmar Korea said Wednesday that it would establish a cosmetics production base equipped with ar...

SK Hynix unveils industry’s fastest mobile DRAM chip LPDDR5T

SK Hynix unveils industry’s fastest mobile DRAM chip LPDDR5T

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has developed the world’s fastest mobile DRAM chip and ...

S.Korean stock issuance volume declines 24% in 2022

S.Korean stock issuance volume declines 24% in 2022

The volume of stock issuance in South Korea declined sharply last year due to the softening stock market. Amid rising interest rates, the amount of ...

Hyundai, Kia make up 11.3% of UK's new car registrations in 2022

Hyundai, Kia make up 11.3% of UK's new car registrations in 2022

South Korean carmaker Hyundai Motor Group accounted for 11.3% of the new car registrations in the UK last year, according to a report that the Socie...

Hyundai, Kia vow to crack Japan-dominated SE Asian market with EVs

Hyundai, Kia vow to crack Japan-dominated SE Asian market with EVs

For more than four decades, Japanese automakers, led by Toyota Motor Corp., have reigned as undisputed champions in the Southeast Asian auto marke...

Kia Sportage selected Family SUV of Year by UK auto journal

Kia Sportage selected Family SUV of Year by UK auto journal

Kia Corp. said on Friday that its sport utility vehicle (SUV) Sportage has been named Family SUV of the Year by the British automotive magazine What...

Kakao Pay and Hanwha Aerospace likely to be added to MSCI Korea Index

Kakao Pay and Hanwha Aerospace likely to be added to MSCI Korea Index

South Korea's Kakao Pay Corp. and Hanwha Aerospace Co. next month are expected to get newly incorporated into the MSCI Korean Index, which measures ...

HK inno.N's K-CAB to get insurance benefits in China

HK inno.N's K-CAB to get insurance benefits in China

South Korea’s 30th novel medicine K-CAB Tab (active ingredient: tegoprazan), a gastroesophageal reflux disease (GERD) treatment of HK inno.N, ...

S.Korea's Paris Baguette opens first outlet in Malaysia

S.Korea's Paris Baguette opens first outlet in Malaysia

To SPC Group, which hopes to tide over difficulties in the domestic market facing sagging growth potential and troubles caused by a series of safety...

Samsung Heavy, MISC to jointly develop floating CO2 storage units

Samsung Heavy, MISC to jointly develop floating CO2 storage units

South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Malaysian offshore ene...

KAI signs agreement with Northrop Grumman to develop UAVs

KAI signs agreement with Northrop Grumman to develop UAVs

Korea Aerospace Industries Ltd. (KAI) said on Thursday that it signed a memorandum of agreement (MOA) in relation to "technical cooperation on verti...

Cosmax to make inroads into Japanese market in earnest

Cosmax to make inroads into Japanese market in earnest

Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, said on Thursday that it would start targeting the Japanese market...

SK E&S moves into EV charging market

SK E&S moves into EV charging market

South Korea's liquefied petroleum gas supplier SK E&S said on Wednesday that its subsidiary Parking Cloud will begin electric vehicle charging s...

BC Card eyes Central Asian payment market entry this year

BC Card eyes Central Asian payment market entry this year

South Korea's financial services company BC Card said on Wednesday that it would seek to enter the Central Asian market this year on the back of its...

KT to unveil super AI to challenge OpenAI's ChatGPT

KT to unveil super AI to challenge OpenAI's ChatGPT

South Korea’s KT Corp. is set to commercialize a super artificial intelligence (AI) tool in the first half of this year, according to industry...

Kolon, Hyosung to give up control over nylon material maker Capro

 Kolon, Hyosung to give up control over nylon material maker Capro

South Korea’s Hyosung Group and its longtime rival Kolon Group in the fiber, textile and petrochemical businesses are poised to give up their ...

HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make 1st South Korea visit in 11 years Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch K-beauty contract manufacturers see record Q2 profits; rally likely to continue