LG Chairman to refine strategy for EV battery production

LG Chairman to refine strategy for EV battery production

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, visited a cathode plant on Monday to review supply chains for the batt...

Samsung SDI unveils super-gap battery tech aimed at Chinese market

Samsung SDI unveils super-gap battery tech aimed at Chinese market

South Korea's leading secondary battery maker Samsung SDI Co. is setting its sights on China's battery market with its super-gap solid-state battery...

S.Korea's data market is estimated at $19 bn last year

S.Korea's data market is estimated at $19 bn last year

The size of South Korea's data industry market is expected to exceed 25 trillion won ($18.96 billion) last year.According to the results of a surv...

Samsung unveils HealthStack at US healthcare tech exhibition

Samsung unveils HealthStack at US healthcare tech exhibition

Samsung Electronics Co. announced on Tuesday that it will showcase Samsung HealthStack ver. 1.0 at the "2023 HIMSS Global Health Conference & Ex...

Hyundai Motor seeks remedies after GV70 exclusion from US subsidies

Hyundai Motor seeks remedies after GV70 exclusion from US subsidies

Hyundai Motor Co. is seeking various ways to make its electric vehicles sold in the US qualify for tax credits after its Electrified GV70 was denied...

SK Telecom enters next-generation broadcasting platform market in US

SK Telecom enters next-generation broadcasting platform market in US

South Korea's SK Telecom Co. said on Tuesday that it will sell a next-generation broadcast platform, utilizing mobile edge computing (MEC) technolog...

Lotte Biologics to invest additional $48 mn in US plant

Lotte Biologics to invest additional $48 mn in US plant

South Korea’s Lotte Biologics Co. held a plaque ceremony on Monday to commemorate the acquisition of a pharmaceutical production plant from Br...

Samsung competes with Apple on rising non-terrestrial network market

Samsung competes with Apple on rising non-terrestrial network market

The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls even in places wher...

Hyundai launches marketing offensive in China with N brand

Hyundai launches marketing offensive in China with N brand

Hyundai Motor Co. will launch its high-performance vehicle brand Hyundai N in China in the second half of the year as part of its offensive on the r...

Samsung Galaxy may use Bing as default search engine, not Google

Samsung Galaxy may use Bing as default search engine, not Google

Samsung Electronics Co., the world’s second-largest smartphone maker, is considering switching the default search engine for its Galaxy mobile...

S.Korea's Celltrion Healthcare launches Vegzelma in US

S.Korea's Celltrion Healthcare launches Vegzelma in US

South Korea's Celltrion Healthcare Co. on Monday said it launched on the US market Vegzelma, a biosimilar of Bevacizumab, a medication for colorecta...

SK Group chairman’s eldest son to play key role at US unit PassKey

SK Group chairman’s eldest son to play key role at US unit PassKey

Chey In-geun, the eldest son of SK Group Chairman Chey Tae-won, has moved to the South Korean conglomerate’s major US business operations amid...

LG Chem, China’s Huayou Cobalt to build $923 million precursor plant

LG Chem, China’s Huayou Cobalt to build $923 million precursor plant

South Korea’s top chemicals company LG Chem Ltd. and its Chinese partner Zhejiang Huayou Cobalt Co. will launch a 1.2 trillion won ($923 milli...

Shinsegae supports int'l expansion of S.Korea's promising fashion brands

Shinsegae supports int'l expansion of S.Korea's promising fashion brands

South Korea's Shinsegae Department Store has launched activities to support the overseas expansion of up-and-coming domestic fashion brands. The com...

HLB starts Phase 3 clinical trials for ophthalmic disease treatment in US

HLB starts Phase 3 clinical trials for ophthalmic disease treatment in US

South Korea's pharmaceutical company HLB Therapeutics Co. announced on Thursday that it has started patient administration of "RGN-259," a treatment...

Indonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales

Indonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales

South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...

S.Korean display companies look to expand business in India with Vedanta

S.Korean display companies look to expand business in India with Vedanta

South Korean display companies try to make breakthrough in new market by entering Indian market.The Korea Display Industry Association (KDIA) announ...

Yoon's English School, Thai Edupark to cooperate in local education market

Yoon's English School, Thai Edupark to cooperate in local education market

South Korean English education company, Yoon's English School, has signed a business agreement with Thai education firm, EduPark, to expand its pres...

LG Chem teams up with US company to expand bioplastic global business

LG Chem teams up with US company to expand bioplastic global business

LG Chem Ltd. has partnered with a US-based biofuel company Gevo to expand its bio-material-based plastic business.The company announced on Thursday ...

Tesla Korea’s profit, sales fall on new subsidy plans, lack of models

Tesla Korea’s profit, sales fall on new subsidy plans, lack of models

Tesla Inc.’s South Korean business has been worsening in recent months due to the lack of new models launched in the country amid Seoul’...

LG to unveil healthcare product; open to startup M&As

 LG to unveil healthcare product; open to startup M&As

South Korea’s LG Electronics Inc. is set to unveil its first digital healthcare product in the second half of this year, three years after it ...

S.Korea's iNtRON launches halal test kit to target Middle Eastern market

S.Korea's iNtRON launches halal test kit to target Middle Eastern market

South Korean biotech firm iNtRON Biotechnology Inc. is focusing on the Middle Eastern market with the introduction of its "LiliF Halal Real-time PCR...

LS Group' corporate value soars as EV battery market grows

LS Group' corporate value soars as EV battery market grows

LS Corp., a holding company of South Korea's LS Group, has seen its enterprise value swell by nearly 1 trillion won ($760 million) over the past yea...

S.Korea's NHN Commerce acquires domestic cosmetics brand WLab

S.Korea's NHN Commerce acquires domestic cosmetics brand WLab

South Korea's major online company NHN Corp.'s online shopping platform NHN Commerce announced on Tuesday that it has acquired domestic cosmetics br...

HD Hyundai Infracore targets Middle East and African markets with new brand Develon

HD Hyundai Infracore targets Middle East and African markets with new brand Develon

HD Hyundai Infracore (formerly Hyundai Doosan Infracore Co.), a South Korean construction equipment maker, has ventured into the Middle East and Afr...

Samsung Display poised to supply OLED panels to Ferrari

Samsung Display poised to supply OLED panels to Ferrari

Samsung Display Co. of South Korea is set to supply Ferrari S.p.A. with its automotive organic light emitting diode (OLED) panels, accelerating its ...

Hanwha heir apparent named senior advisor at US energy investor

Hanwha heir apparent named senior advisor at US energy investor

Hanwha Group Vice Chairman Kim Dong-kwan, the heir apparent of the South Korean energy-to-defense conglomerate, has been named a senior advisor at S...

POSCO Group plans talks with former US diplomat

POSCO Group plans talks with former US diplomat

Former US Deputy Secretary of State Stephen Biegun will hold talks with Chairman Choi Jeong-woo of South Korea’s POSCO Group.They will discuss...

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...

Samsung's Neo QLED 8K wins critical acclaim in US, UK

Samsung's Neo QLED 8K wins critical acclaim in US, UK

Samsung Electronics Co. announced on Sunday that its recently released the 2023 Neo QLED TV has received high praise from major professional media...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS BOK chief warns household debt near tipping point, keeps rates steady