Allgot’s frozen kimbap to hit Costco shelves in US in H1, 2024

Allgot’s frozen kimbap to hit Costco shelves in US in H1, 2024

South Korean food company Allgot Co.’s frozen kimbap, which sold out immediately after landing in the US about two months ago, is on another r...

One Store secures $14.8 mn investment from Krafton

One Store secures $14.8 mn investment from Krafton

South Korean homegrown app store One Store Co. has attracted a 20-billion-won ($14.8-million) investment from Krafton Inc. The company's goal is to ...

Brookfield puts Conrad Seoul on market at over $370 mn

Brookfield puts Conrad Seoul on market at over $370 mn

Brookfield Asset Management is seeking to sell off five-star hotel Conrad Seoul at more than 500 billion won ($369.5 million), tapping real estate i...

Tous Les Jours overseas stores surpass 400

Tous Les Jours overseas stores surpass 400

CJ Foodville, the food subsidiary of South Korea's CJ Group, announced on Tuesday that its bakery brand Tous Les Jours has expanded its global footp...

Samsung Heavy develops container loss prevention device

Samsung Heavy develops container loss prevention device

South Korean shipbuilder Samsung Heavy Industries on Tuesday revealed its latest invention Special Structure Anti-Container Loss (SSA-CL), using its...

LG Elec’s early-stage startup investments in US fare well

LG Elec’s early-stage startup investments in US fare well

LG Electronics Inc.'s early-stage investments in US tech startups will likely generate decent returns as they have raised additional funding at high...

LG Innotek gains int'l licensor status for EV charging tech

LG Innotek gains int'l licensor status for EV charging tech

South Korean electronic parts maker LG Innotek has received global recognition for its international standard patents for electric vehicle (EV) char...

Celltrion Healthcare to supply Yuflyma to US pharmacy chain

Celltrion Healthcare to supply Yuflyma to US pharmacy chain

South Korea's Celltrion Healthcare Co. has inked a deal with the US specialty pharmacy chain CarePartners Pharmacy to supply its autoimmune disease ...

Korea’s battery trio aims to outsmart Chinese rivals in US

 Korea’s battery trio aims to outsmart Chinese rivals in US

South Korea’s three major battery makers — LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. — recently came under renewed pr...

Genesis G80, Electrified G80 selected as safest cars in US

Genesis G80, Electrified G80 selected as safest cars in US

Hyundai Motor Co.'s premium brand Genesis announced on Friday that its G80 and Electrified G80 got the highest rating "Top Safety Pick+ (TSP+)" from...

KCC opens US refinish color center

KCC opens US refinish color center

South Korean chemical and auto parts maker KCC Corp. opened its first overseas refinish color center in the US. According to the company's anno...

Cosmax forms dedicated suncare OTC team

Cosmax forms dedicated suncare OTC team

Cosmax Inc., South Korea's largest cosmetics manufacturer that specializes in original design manufacturing (ODM), announced on Thursday the establi...

Samsung SDI, Stellantis to build 2nd US EV battery plant in Indiana

Samsung SDI, Stellantis to build 2nd US EV battery plant in Indiana

Kokomo, Indiana, will be the site of the second electric vehicle (EV) battery plant in the US of South Korea’s Samsung SDI Co. and the Netherl...

Amazon bets big on Korea digital transition with new spending

Amazon bets big on Korea digital transition with new spending

Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, said on Wednesday it will nearly triple its investment in South Korea t...

LG Energy Q3 profit at record high on gains from US battery tax credit

LG Energy Q3 profit at record high on gains from US battery tax credit

LG Energy Solution Ltd., one of the world’s leading battery makers, said on Wednesday its operating profit soared to a record high in the th...

NGeneBio joins US gov't Cancer Moonshot project

NGeneBio joins US gov't Cancer Moonshot project

South Korean medical diagnostic company NGeneBio Co. announced on Tuesday it joins US President Joe Biden's cancer-conquering project "Cancer Moonsh...

Vuno's brain imaging AI medical device secures FDA certification

Vuno's brain imaging AI medical device secures FDA certification

South Korea's medical device startup Vuno announced on Tuesday that its AI-powered brain quantification device Vuno Med-DeepBrain has received the 5...

Samsung, SK granted indefinite US waiver on chip gear supplies to China

Samsung, SK granted indefinite US waiver on chip gear supplies to China

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, have been granted an indefinite waiver on semiconductor ...

Lotte Chemical sells JV stakes in China, eyes other profitable markets

Lotte Chemical sells JV stakes in China, eyes other profitable markets

South Korea’s Lotte Chemical Corp. has sold its entire stakes in joint ventures with Chinese partners as the Korean company faces a supply glu...

Overseas trips top pre-pandemic levels during Chuseok holiday

Overseas trips top pre-pandemic levels during Chuseok holiday

The number of South Koreans who spent this year’s six-day holiday of Chuseok abroad exceeded pre-pandemic levels, indicating a recovery in the...

Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs

Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs

Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches of the two South Kor...

S.Korea’s corporate R&D spending lags global rivals

S.Korea’s corporate R&D spending lags global rivals

Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...

SK C&C invests in US startup Glassdome

SK C&C invests in US startup Glassdome

South Korea's SK C&C announced on Thursday that it has made a new investment in Glassdome, a US carbon emission management solution startup.&nbs...

NKMax's US subsidiary listed on Nasdaq

NKMax's US subsidiary listed on Nasdaq

South Korean natural killer (NK) cell drugmaker NKMax Co. on Wednesday said its US subsidiary NKGen Biotech on Monday was listed on the Nasdaq Globa...

Pulmuone, BlueNalu team up for cell-cultured seafood

Pulmuone, BlueNalu team up for cell-cultured seafood

South Korean food company Pulmuone revealed plans on Thursday to boost its strategic partnership with US-based seafood startup BlueNalu, focusing on...

Korea markets melt as Fed officials foresee longer-than-expected high rates

Korea markets melt as Fed officials foresee longer-than-expected high rates

South Korean financial markets lost ground on Wednesday with the 10-year government bond yield at a one-year high as US Federal Reserve policymakers...

EVs, SUVs power Hyundai, Kia’s US sales to Sept records

EVs, SUVs power Hyundai, Kia’s US sales to Sept records

Hyundai Motor Co. and Kia Corp., South Korea’s two largest carmakers, enjoyed record September sales thanks to the popularity of their electri...

POSCO Int’l to build permanent magnet factory in US with Star Group

POSCO Int’l to build permanent magnet factory in US with Star Group

South Korea’s steel giant POSCO Holdings Inc. is expediting its push to expand its presence in the electric vehicle supply chain, one of seven...

Celltrion Pharm gets GMP certification from Japan

Celltrion Pharm gets GMP certification from Japan

Celltrion Pharm Inc. announced on Wednesday that its pre-filled syringe (PFS) production facility in Cheongju, North Chungcheong Province has obtain...

Korea’s SKC to invest up to $70 mn in US smart glass firm Halio

Korea’s SKC to invest up to $70 mn in US smart glass firm Halio

SKC Ltd., a South Korean chemicals maker, is set to invest as much as $70 million in Halio Inc., a US smart glass technology company, to expand the ...

Hong Kong-based CLSA to invest $36.6 mn in K-Beauty pioneer Jungsaemmool Beauty Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders