KT, Hyundai Livart to pursue DX in home interior

South Korea’s KT Corp. and furniture and interior company Hyundai Livart Furniture are pursuing Premium Interior Digital Transformation (DX), ...

CJ ENM launches AI sound source service

South Korean entertainment giant CJ ENM Co. introduced "Viodio: CJ ENM Air," an AI sound source service that makes it easy to utilize AI-generated m...

S.Korea’s Gopizza to open branch at Singapore Changi airport

South Korean food tech startup Gopizza, known for its single-serving pizza prepared by robots, on Tuesday said it will open a branch on Nov. 1 at Si...

Korean Air may give up Asiana’s cargo business, 4 routes for EU approval

Korean Air Lines Co. may give up the cargo business of Asiana Airlines Inc. and four of its lucrative routes in Europe in an all-in bet as the marri...

Doosan Enerbility, KWP to advance power generation tech

South Korea's heavy industrial company Doosan Enerbility Co. and the government-owned Korea Western Power Co. (KWP) will jointly streamline domestic...

Taekyung Group to recycle brine water in Saudi Arabia

South Korea's Taekyung Group on Monday said it formed a strategic partnership with Saudi Arabia's government-run Saline Water Conversion Corp. (SWCC...

Hanwha Aerospace to develop engine materials for military UAVs

South Korea’s Hanwha Aerospace Co. on Wednesday said the Korea Research Institute for Defense Technology Planning and Advancement has named th...

Shinhan Card collaborates with Singapore Air

Shinhan Card announced on Thursday that it has launched the "Singapore Airlines KrisFlyer the Best Shinhan Card" through a strategic partnership wit...

Samsung releases SD card brand highly resistant to water, drops

Samsung Electronics Co. on Tuesday said its new Pro Ultimate line of secure data (SD) cards features enhanced speed and stability.The brand’...

Korean LG Chem to spend $95 mn to double water treatment biz

South Korea’s top chemicals maker LG Chem Ltd. plans to spend 124.6 billion won ($94.5 million) on increasing its water treatment material out...

Kyochon, Pablo Air to collaborate for commercializing drone delivery

South Korea's fried chicken chain Kyochon F&B announced on Wednesday that it signed a memorandum of understanding (MOU) with the drone logistics...

POSCO E&C, LG to develop customized home appliances for remodeling

South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperat...

LG Electronics to unveil new washer-dryer combo

LG Electronics Inc. will soon roll out a new and improved washer-dryer combo.The company on Monday said it will unveil the LG Signature Washer-Dryer...

Baby Shark to be aired in Indonesia through RTV

South Korea's The Pinkfong Company, popularly known for its "Baby Shark" character, recently inked a memorandum of understanding (MOU) with RTV, Ind...

S.Korea’s convenience stores sell bottled water without plastic labels

Convenience stores in South Korea now sell bottled water without plastic labels. The Korea Chamber of Commerce and Industry (KCCI) and Jeju Pro...

Amorepacific gets certification for memory-enhancing ingredients

South Korea's Amorepacific Corp. announced on Thursday that it has received New Excellent Technology (NET) certification from the Ministry of Agricu...

Jeju Air to buy 40 fuel-efficient Boeing passenger planes

South Korea's largest low-cost carrier Jeju Air Co. will buy 40 next-generation passenger planes and lease 10 other new aircraft from Boeing Co. wit...

Hanwha Group gears up for foray into aviation industry

South Korea’s chemicals-to-defense conglomerate Hanwha Group is preparing a bid for domestic low-cost carrier (LCC) Fly Gangwon under court pr...

S.Korea's Hanon Systems hits 'home run' with heat pump for EVs

Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second quarter in blowing awa...

Budget carriers turn around with highest-ever profits in Q2

South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...

KDB girds up for Korean Air-Asiana deal collapse with Plan B

The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...

Air travel from Korea roars back to everywhere, except China

Flight routes between South Korea and China, once Korean flag carriers’ most lucrative, have become their white elephant as passengers on the ...

Korean Air’s operating profit falls to $360 mn in Q2 2023

Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...

GS E&C faces heavy loss in Q2 due to apartment reconstruction plan

GS Engineering & Construction Co., South Korea’s major construction firm, posted a quarterly operating loss in the April-June period for t...

CJ Logistics to enter global pharmaceutical transportation market

South Korea’s CJ Logistics on Wednesday said it obtained the certification CEIV Pharma, or the Center of Excellence for Independent Validators...

Hyundai Transys installs EV-customized seats on Kia EV9

South Korea's auto components maker Hyundai Transys on Thursday said it applied electric vehicle (EV) seat technology customized for electrification...

KAI opens office in Polish Air Force base

South Korea's leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it opened its sixth overseas base on Wednesday at the 2...

Korean Air resumes flights from Busan to Japan after three-year suspension

Korean Air Lines Co., the largest airline and flag carrier of South Korea, said on Tuesday that it would resume its operations on the Busan-Fukuoka ...

Korea's IPO market heats up with higher price cap for new stocks

South Korea’s initial public offering market is heating up with some 30 firms set for new share subscriptions in July and August, more than su...

Speculative bets heat up on to-be-delisted preferred stocks

Preferred stocks of five South Korean companies, including Samsung Heavy Industries Co. and SK Networks Co., have been on a roller coaster ahead of ...