S.Korea, Boeing tie up for develop future advanced weapons
The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct research and development on...
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...
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 ...
S.Korea fines Google $32 mn for squashing local rival
South Korea’s antitrust body on Tuesday fined Alphabet Inc.’s Google LLC and its regional arms 42.1 billion won ($32 million) for allege...
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 Co. of South Korea is set to supply Ferrari S.p.A. with its automotive organic light emitting diode (OLED) panels, accelerating its ...
Korea’s debt-ridden public companies selling off overseas coal mines
South Korea’s debt-ridden public enterprises are selling off their stakes in overseas coal mines to improve their financial status and stay in...
Rebellions CEO aims to outrival Qualcomm within a decade
Artificial intelligence is the talk of the tech world, particularly with the rise of the worldwide sensation OpenAI’s ChatGPT, the generative ...
Korean won at 1-yr low vs yen; end of boon for exporters
The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven asset in the wobbly fin...
S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests
Rebellions Inc., a South Korean artificial intelligence chip design startup, beat global chip giants Qualcomm Technologies Inc. and Nvidia Corp. in ...
South Korea's Kosdaq Global Index set to add more stocks
Financial investment sources on Wednesday said Korea Exchange on March 31 conducted a regular review on listing more companies on the Kosdaq Global ...
Korean shipbuilders yield No.1 spot to Chinese rivals in March
Korean shipbuilders were outstripped by China in shipbuilding orders and backlogs last month, according to UK-based shipping industry specialist Cla...
LG Energy tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...
Hyundai Mipo wins $184 mn order four mid-sized PC carriers
Hyundai Mipo Dockyard Co., a subsidiary of HD Hyundai Group's shipbuilding division, has secured a construction contract for four medium-sized PC (p...
Korea’s small nuclear reactor technology falls behind global peers
South Korea’s small-sized nuclear reactor technology has fallen behind other major countries due to the years of the previous government&rsquo...
CJ Haechandle Gochujang acquires Europe's V-Label
CJ CheilJedang Corp.'s flagship fermented food brand Haechandle Gochujang (hot pepper paste) is set to expand into the global market, backed by its ...
KB Financial launches $193 million fund to invest in global startups
South Korea’s second-largest financial institution KB Financial Group will launch a 250 billion won ($193 million) fund to invest in startups ...
Korean Dongkuk opens 2nd Mexican color-coated steel plant
Dongkuk Steel Mill Co. opened its second color-coated steel plant in Mexico as South Korea’s third-largest steelmaker aims to expand its prese...
Alarm bells ring for S.Korean IT firms' ChatGPT craze
The global popularity of ChatGPT is driving South Korean startups to launch a string of new services linked to the artificial intelligence-powered l...
LG Group Chairman names AI, bio, clean tech as new growth engines
LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...
LG Elec launches LG Whisen Tower II air conditioner
LG Electronics Inc. announced on Tuesday the launch of its latest air conditioner, the LG Whisen Tower II. The product boasts a sleek design that el...
US set to emerge as top global buyer of Korean kimchi: Daesang
South Korean kimchi exports to the US have soared since the pandemic as local distribution channels expanded and cooking at home increased, accordin...
Hanjin launches global C2C purchase platform Hoot Town
Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Hoot Town, a global co...
S.Korea's Biorchestra signs tech transfer deal for drug delivery system
Biorchestra Co., a South Korean company specializing in RNA-based therapeutics, announced on Tuesday that it has entered into a joint research and o...
Hyundai E&C, KAI to develop export-type package for defense industry
South Korea's Hyundai Engineering & Construction (E&C) and Korea Aerospace Industries Ltd. (KAI) will jointly develop an export package for ...
Korean research team develops AI chip to cut power use
South Korean scientists have developed a chip that needs less electricity for advanced efficiency and data processing to help the country’s se...
Samsung Chairman Lee to meet new premier in China
Samsung Electronics Co. Chairman Jay Y. Lee arrived in Beijing on March 23 to review the chipmaker’s business in China, which is gradually rec...
S.Korea to benefit from rising global defense spending
South Korea is expected to log another year of record defense exports in 2023 thanks to growing military budgets across the world as local major arm...
HYBE accepts Kakao’s tender offer to exit SM Entertainment
HYBE Co., the largest shareholder of SM Entertainment Co., said on Friday it has accepted Kakao Corp.’s tender offer to sell its shares in the...
KT Cloud, DigitalBridge join hands for data center biz in Korea
KT Cloud Co., the cloud computing unit under South Korea’s second-largest mobile carrier KT Corp., and US infrastructure investment firm Digit...
