Father of Krafton's PUBG eyes the expansion of games

Father of Krafton's PUBG eyes the expansion of games

In September 2020, Krafton Inc.’s blockbuster game PlayerUnknown’s Battlegrounds (PUBG) hit a major roadblock. India prohibited Chinese ...

IAA Mobility 2021 to showcase global auto industry’s future technologies

IAA Mobility 2021 to showcase global auto industry’s future technologies

The global auto industry is set to show off their muscle to fight for the future mobility market not only with new models but also technologies at t...

Korean shipbuilders find relief in falling iron ore prices, rise in new orders

Korean shipbuilders find relief in falling iron ore prices, rise in new orders

South Korea’s major shipbuilders expect to post improved earnings in coming quarters as falling iron ore prices put them in a stronger positio...

(HOLD) GS Group is shifting gears towards digital sectors

(HOLD) GS Group is shifting gears towards digital sectors

South Korea’s energy-to-construction conglomerate GS Group is investing big on fast-growing digital segments.According to the industry on Aug....

US may return to low rates after modest inflation

US may return to low rates after modest inflation

The rising inflationary risk in the US, fueled by strong recovery from the pandemic-induced slowdown, is likely to be short-lived and modest, and in...

LG Elec takes quantum leap in 6G with new THz band milestone

LG Elec takes quantum leap in 6G with new THz band milestone

LG Electronics Inc. has made a new breakthrough in next-generation networks by transferring wireless 6G terahertz (THz) data over a 100-meter distan...

LG Electronics postpones 42-inch OLED Gaming TV launch to early 2022

LG Electronics postpones 42-inch OLED Gaming TV launch to early 2022

LG Electronics Inc., one of the world’s largest TV makers, plans to launch the much-anticipated 42-inch organic light-emitting diode (OLED) TV...

LG Chem to spend $2.2 billion to build 10 new eco-friendly factories

LG Chem to spend $2.2 billion to build 10 new eco-friendly factories

LG Chem Ltd., South Korea’s top chemical maker, said on Thursday it is spending 2.6 trillion won ($2.2 billion) to strengthen its green busine...

Korea's top online flea market startup value up to $2.6 bn

Korea's top online flea market startup value up to $2.6 bn

South Korea’s No. 1 online flea market operator Danggeun Market Inc. has increased its valuation to $2.6 billion as it raised $153 million fro...

Battery recycling: Carmakers, battery companies in new turf war

Battery recycling: Carmakers, battery companies in new turf war

With electric vehicles increasingly going mainstream, the world’s major carmakers and battery companies face another type of turf war: battery...

Samsung’s new foldables: Game changer in smartphones

Samsung’s new foldables: Game changer in smartphones

Samsung Electronics Co. on Wednesday announced new additions to its high-end line of Galaxy Z Fold and Z Flip phones, in hopes that the new 5G-enabl...

Shinsegae to invest about $900 mn in department stores

Shinsegae to invest about $900 mn in department stores

South Korea's retail giant Shinsegae Group will invest 1 trillion won ($866 million) in local department stores this year to reinforce the busines...

KakaoBank falls out of Kospi top 10 on 3rd trading day

KakaoBank falls out of Kospi top 10 on 3rd trading day

KakaoBank Corp. has fallen out of the top 10 list on Kospi on Aug. 10, its third trading day, with Celltrion and Kia Corp. overtaking the company ag...

K-pop evolves far beyond Korean nationality and language

K-pop evolves far beyond Korean nationality and language

South Korean music, entertainment and content firms are undergoing a major transformation in their business model. No longer is their discovery of n...

MBK sees new opportunities in China's regulatory risk

MBK sees new opportunities in China's regulatory risk

China's regulatory crackdown on Chinese technology and private education companies is driving up the level of volatility and creating mispricing in ...

Global carmakers to speed up EV push as governments pressure harder

Global carmakers to speed up EV push as governments pressure harder

US and European governments are pressing harder with tough regulations to expand electric vehicles (EV) adoption for cutting emission. Global automa...

New FSC chief nominee tough on household debt, against cryptocurrencies

New FSC chief nominee tough on household debt, against cryptocurrencies

South Korea’s incoming financial regulatory chief says his policy priority is on limiting economic and financial risks stemming from higher ho...

SK Hynix to set up US NAND firm led by Intel’s senior vice president

SK Hynix to set up US NAND firm led by Intel’s senior vice president

SK Hynix that took over Intel Corp.’s NAND memory chip business plans to set up a new company in the United States. Intel’s senior vice ...

Nexon reveals upcoming 'super' games, eyes entertainment IPs

Nexon reveals upcoming 'super' games, eyes entertainment IPs

South Korea's leading game company Nexon Co. has unveiled a massive lineup of super games in development alongside plans to expand its intellectual ...

Celltrion to enter clinical trials of new COVID-19 treatment

Celltrion to enter clinical trials of new COVID-19 treatment

South Korean biosimilar maker Celltrion Inc. will launch the first-phase clinical trials of its new COVID-19 treatment candidate next month, followi...

KKR, IMM PE in bid for SK E&S' $2 bn preferred shares

KKR, IMM PE in bid for SK E&S' $2 bn preferred shares

KKR & Co., IMM Private Equity and Glenwood Private Equity are among the preliminary bidders for 2 trillion won ($1.9 billion) worth of new prefe...

Seoul to create K-beauty road as part of interactive tourism

Seoul to create K-beauty road as part of interactive tourism

South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs for visiting tourists....

Daewoong Pharmaceutical aims to top $4 bn in sales by 2027

Daewoong Pharmaceutical aims to top $4 bn in sales by 2027

South Korea-based Daewoong Pharmaceutical Co. is hoping to achieve 5 trillion won ($4.4 billion) in sales by 2027, meaning that the company aims to ...

Korean conglomerates turn to startups to tackle new ventures and ESG

Korean conglomerates turn to startups to tackle new ventures and ESG

South Korean conglomerates have been reaching out to D.CAMP, the country's largest non-profit foundation for startups, to get in touch with domestic...

Nexon founder resigns in top management reshuffle

Nexon founder resigns in top management reshuffle

South Korean game company Nexon’s founder Kim Jung-ju has resigned from the chief executive position at NXC Corp., the holding company of Nexo...

CJ ENM to build virtual studio with Samsung’s new commercial displays

CJ ENM to build virtual studio with Samsung’s new commercial displays

South Korean media company CJ ENM Co. is using Samsung Electronics Co.’s new commercial displays for a virtual production studio to spearhead ...

Samsung to launch much-anticipated QD-OLED TV, expand MicroLED lines

Samsung to launch much-anticipated QD-OLED TV, expand MicroLED lines

Samsung Electronics Co., the world’s largest TV maker, will launch the much-anticipated QD-OLED TV in the first half of next year, while expan...

Samsung launches upgraded commercial MicroLED display The Wall

Samsung launches upgraded commercial MicroLED display The Wall

Samsung Electronics Co., the world’s largest TV maker, is launching an upgraded model of The Wall, a large-size modular MicroLED display produ...

Korea Inc. rush to sell property, new shares to fund new business

Korea Inc. rush to sell property, new shares to fund new business

South Korea’s major companies are rushing to secure cash to fund new business. Some have sold or securitized property, while others issued n...

Korea’s new PCR kits, devices to speed COVID-19 detection

Korea’s new PCR kits, devices to speed COVID-19 detection

South Korea’s biotechnology companies are releasing polymerase chain reaction (PCR) kits and equipment to detect COVID-19 infections within an...

Deal graveyard: S.Korean F&B franchises left without takers LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries KPop Demon Hunters OST lands at No.6 on Billboard Hot 100 K-beauty craze sends Olive Young online sales to new heights Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike