LG Electronics plans sales blitz on US market for induction ranges

LG Electronics plans sales blitz on US market for induction ranges

LG Electronics Inc. this year has launched an all-out sales offensive for induction ranges and cooktops in the US, the world's leading market for pr...

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung Electronics Co. announced on Thursday that it has successfully completed the opening of a 5th-generation mobile communications (5G) pilot ne...

Hanwha Aerospace secures tech to catch illegal drones using nets

Hanwha Aerospace secures tech to catch illegal drones using nets

South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company to join the Global U...

S.Korea to spur defense sector tech with $1.5 bn R&D investment

S.Korea to spur defense sector tech with $1.5 bn R&D investment

South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...

Hyundai Motor begins Genesis GV70 EV production in US

Hyundai Motor begins Genesis GV70 EV production in US

Hyundai Motor Co. has commenced production of the Genesis GV70 electric vehicle in the United States. This marks the first locally produced vehicle ...

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon Co., a South Korean steelmaker and a unit of POSCO Group, said on Wednesday that its biomass color steel plate has been certified as ...

KT’s global digital push deepens with Singtel partnership

KT’s global digital push deepens with Singtel partnership

KT Corp. has joined hands with Singapore Telecommunications Ltd. (SingTel) to export its cloud and artificial intelligence (AI) technologies, as wel...

CJ Investment fosters Korean startups to discover new growth engines

CJ Investment fosters Korean startups to discover new growth engines

CJ Investment, the corporate venture capital arm of CJ Corp., announced on Tuesday its plans to foster promising South Korean startups in order to d...

Patty-cooking robotics startup Aniai completes seed funding

Patty-cooking robotics startup Aniai completes seed funding

Aniai Inc., a foodservice robotics developer founded by a South Korean, said on Feb. 21 it has attracted $3 million via a seed funding round to boos...

Korea's NPS, KTCU likely to invest in CVC's ninth buyout fund

Korea's NPS, KTCU likely to invest in CVC's ninth buyout fund

South Korea’s key institutional investors are highly likely to invest via European private equity giant CVC Capital Partners’ ninth buyo...

Hanwha expects high-stakes US solar projects to pay off

Hanwha expects high-stakes US solar projects to pay off

South Korea’s chemicals-to-construction conglomerate Hanwha Group expects its high-stakes solar energy business to pay off amid industry forec...

Korea's Musicow to lead fractional IP ownership globally

Korea's Musicow to lead fractional IP ownership globally

Musicow Inc., South Korea’s first music copyright trading platform, is set to gain momentum as fractional ownership in copyright claims has be...

Network usage fees likely to take center of debate at MWC2023

Network usage fees likely to take center of debate at MWC2023

Major participants in the mobile world congress (MWC) 2023 such as Google Inc. and Netflix Inc. are expected to discuss telecommunications network f...

LG Elec wins best eco-friendly washing machine title in US

LG Elec wins best eco-friendly washing machine title in US

Consumer Reports, a prominent consumer magazine in the US, has named LG Electronics Inc.'s washing machines as the "best eco-friendly washing machin...

Fried chicken chain bhc opens first US store in LA

Fried chicken chain bhc opens first US store in LA

South Korea’s No. 2 fried chicken brand bhc Group on Monday said it opened its first store in North America on Friday at the Original Farmers ...

Avikus unveils self-sailing leisure vessel tech NeuBoat at US ship event

Avikus unveils self-sailing leisure vessel tech NeuBoat at US ship event

Avikus, an autonomous ship navigation affiliate of South Korea's shipbuilding, heavy equipment, machine and petroleum giant HD Hyundai Co., on Sunda...

Samsung leader eyes memory chip packaging investment

Samsung leader eyes memory chip packaging investment

Samsung Electronics Co., the world’s largest memory chipmaker, may accelerate investment in leading-edge technologies including chip packaging...

S.Korean won near 2-month low as US data fans Fed hike views

S.Korean won near 2-month low as US data fans Fed hike views

The South Korean won skidded to a near two-month low on Friday as hotter-than-forecast US inflation data added to expectations that the Federal Rese...

Korea's Cha Bio Group to expand overseas real estate business

Korea's Cha Bio Group to expand overseas real estate business

Cha Bio Group, consisting of Cha Biotech and Cha Vaccine Research Institute as its subsidiaries, has announced its expansion into the real estate in...

S.Korea's Hwajin Medical gets FDA sales approval for syringes

S.Korea's Hwajin Medical gets FDA sales approval for syringes

HLB Therapeutics Co. announced Thursday that Sofjec, a syringe produced by its subsidiary Hwajin Medical, has been approved for sale by the US Food ...

LG Chem invests $75 million in Piedmont Lithium, signs supply deal

LG Chem invests $75 million in Piedmont Lithium, signs supply deal

LG Chem Ltd., South Korea’s largest chemicals maker, said on Friday it is acquiring a 6% stake in Piedmont Lithium Inc., a US mining company, ...

LG Uplus to invest $77.3 million annually against data theft

LG Uplus to invest $77.3 million annually against data theft

South Korea’s third-largest mobile carrier LG Uplus Corp. will spend 100 billion won ($77.3 million) a year to enhance data security about a m...

Igaworks partners with Vietnam’s Clever Group to supply data platform

Igaworks partners with Vietnam’s Clever Group to supply data platform

South Korean big data platform company Igaworks said on Thursday it has signed a contract and strategic alliance deal with Vietnam’s largest m...

Celltrion's Truxima shows safety, efficacy in post-marketing study

Celltrion's Truxima shows safety, efficacy in post-marketing study

South Korean biopharmaceutical company Celltrion Inc. reported on Wednesday that its biosimilar drug Truxima (rituximab), a generic version of Roche...

SK Biopharm holds sales meeting for marketing Cenobamate in US

SK Biopharm holds sales meeting for marketing Cenobamate in US

On Wednesday, SK Biopharmaceuticals Co. announced that its US subsidiary, SK Life Sciences Inc., held a "National Sales Meeting" in San Diego. The p...

SK Hynix may not slash chipmaking investment in 2023: vice chairman

SK Hynix may not slash chipmaking investment in 2023: vice chairman

SK Hynix Inc., the world’s second-largest memory chipmaker, will not significantly cut its semiconductor output this year, Vice Chairman Park ...

Ford EV production halt casts doubts over SK cell quality

Ford EV production halt casts doubts over SK cell quality

Ford Motor Co. said on Tuesday it has stopped production and shipments of the F-150 Lightning electric pickup truck due to a possible battery issue,...

S.Korea's Hyundai Genuine opens parts distribution center in Jakarta

S.Korea's Hyundai Genuine opens parts distribution center in Jakarta

Hyundai Construction Equipment Co., the machinery parts-making subsidiary of South Korea's Hyundai Genuine, on Wednesday said it recently opened a p...

Biden must ensure US allies aren’t China collateral damage

Biden must ensure US allies aren’t China collateral damage

The biggest irony about China-US relations today is just how much Xi Jinping misses Donald Trump. China’s leader would never admit this. ...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race