Korean battery maker SK On attracts $400 mn from Hillhouse

Korean battery maker SK On attracts $400 mn from Hillhouse

South Korean battery maker SK On Co. has secured $400 million from Hillhouse, a Singapore-headquartered asset management firm, investment banking so...

POSCO Int'l to supply nearly 7 mn motor cores to Hyundai Motor

POSCO Int'l to supply nearly 7 mn motor cores to Hyundai Motor

South Korea's largest trading company POSCO International on Thursday said its affiliate POSCO Mobility Solution will supply motor cores to Hyundai ...

Samsung Biologics, Pfizer sign $411.3 mn agreement for long-term CDMO

Samsung Biologics, Pfizer sign $411.3 mn agreement for long-term CDMO

Samsung Biologics Co., the world’s No. 1 contract drugmaker, announced a groundbreaking strategic partnership with Pfizer on Thursday, marking...

CrystalGenomics to supply anti-osteoarthritis drug to Russia for $2 mn

CrystalGenomics to supply anti-osteoarthritis drug to Russia for $2 mn

South Korea's first-generation biopharma venture company CrystalGenomics Inc. on Wednesday said it received a $2 million (2.6 billion won) order fro...

SK Networks to invest $2 mn in Dutch agtech startup

SK Networks to invest $2 mn in Dutch agtech startup

SK Networks Co., a South Korean trading company, announced on Thursday that it will invest $2 million in the series A round of Source.ag, a smart fa...

KT to start outdoor robot delivery in Seoul from Q4

KT to start outdoor robot delivery in Seoul from Q4

South Korea’s KT Corp. from the fourth quarter will start outdoor robot delivery of food and daily necessities in Seoul’s upscale distri...

Affinity Equity Partners’ Korea head Sam Lee resigns

Affinity Equity Partners’ Korea head Sam Lee resigns

Affinity Equity Partners’ Seoul office head Sam Lee has left the global investment firm, sources familiar with the matter told The Korea Econo...

Samsung to supply new Exynos auto chip to Hyundai in close tie-up

Samsung to supply new Exynos auto chip to Hyundai in close tie-up

Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it will supply one of its latest automotive chips to Hyundai ...

SK Telecom displays cutting-edge network tech for smart battleships

SK Telecom displays cutting-edge network tech for smart battleships

South Korea's SK Telecom Co. is taking part in this year's International Maritime Defense Industry Exhibition (MADEX), which ends Friday, at Busan...

Investment in battery raw materials raises sodium hydroxide prices

Investment in battery raw materials raises sodium hydroxide prices

The price of sodium hydroxide or caustic soda, an essential component in the smelting of raw materials for producing batteries, is rising because So...

Doosan Bobcat invests in US-based agtech company

Doosan Bobcat invests in US-based agtech company

Doosan Bobcat, the construction and agricultural machine making affiliate of South Korea’s Doosan Group, has announced on Wednesday a str...

SK set to produce faster EV chargers than Tesla in US

SK set to produce faster EV chargers than Tesla in US

DALLAS, TEXAS - South Korea’s SK Signet Inc. is poised to produce electric vehicle chargers with the fastest charging speed in the US, targeti...

Hyundai Mobis to expand vehicle module facility in S.Korea

Hyundai Mobis to expand vehicle module facility in S.Korea

South Korea’s Hyundai Mobis Co. will build its third automotive module plant in Ulsan, South Korea, where its parent Hyundai Motor Group opera...

S.Korean beauty brands lean toward social media stars

S.Korean beauty brands lean toward social media stars

AmorePacific Corp.'s new brand launch in February with top South Korean social media influencer Lee Sa-bae created a sensation in the domestic cosme...

KT, Naver chosen as suppliers of S.Korea’s hyperscale AI project

KT, Naver chosen as suppliers of S.Korea’s hyperscale AI project

South Korean Ministry of Science and ICT and the National Information Society Agency (NIA) have enlisted four tech enterprises — KT Corp., Nav...

SK Hynix launches portable SSD Beetle X31

 SK Hynix launches portable SSD Beetle X31

SK Hynix Inc., the world’s second-largest memory chipmaker, unveiled its latest product, the Beetle X31, a portable Solid State Drive (SSD) ...

Kakao unveils index on user contributions to environment

Kakao unveils index on user contributions to environment

South Korea's mobile platform company Kakao Corp. on the occasion of World Environment Day on Monday unveiled on its website figures from the Kaka...

HD Hyundai Heavy Industries unveils homegrown sea vessels

HD Hyundai Heavy Industries unveils homegrown sea vessels

South Korea's HD Hyundai Heavy Industries Co. (HHI), the shipbuilding affiliate of HD Hyundai Co., on Sunday said it will unveil its next-generati...

Celltrion to develop Humira biosimilar oral medication with US firm

Celltrion to develop Humira biosimilar oral medication with US firm

South Korea's biopharmaceutical company Celltrion Inc. announced on Monday that it has signed a contract with the US biotech firm Rani Therapeutics ...

SKIET signs deal to supply secondary battery separators to N.America

SKIET signs deal to supply secondary battery separators to N.America

SK IE Technology Co. (SKIET), an SK Innovation-affiliated manufacturer of secondary battery separators, is set to move into the North American marke...

LG Chem’s CEO searches for talent in Japan to lead new growth engines

LG Chem’s CEO searches for talent in Japan to lead new growth engines

Vice Chairman and CEO Shin Hak-cheol of South Korea's largest chemical company LG Chem Ltd. is looking for talent in Japan to lead his company's thr...

South Korea hosts first Universo Ferrari exhibition in Asia

South Korea hosts first Universo Ferrari exhibition in Asia

For the first time in Asia, South Korea is hosting an event featuring the history of the Italian sports car brand Ferrari.Ferrari on Thursday opened...

GC Biopharma wins contract to build blood products plant in Indonesia

GC Biopharma wins contract to build blood products plant in Indonesia

GC Biopharma Corp., a South Korean pharmaceutical company, announced on Thursday that it has received approval from the Indonesian Ministry of Healt...

S.Korea opens logistics center at Surabaya port, Indonesia

S.Korea opens logistics center at Surabaya port, Indonesia

South Korea said it opened a logistics center at a port in Surabaya, Indonesia, to support exports to Southeast Asia’s top economy.The Ministr...

Toray to move into battery separator business

Toray to move into battery separator business

Toray Advanced Materials Korea Inc., a South Korea-based producer of chemical materials and technology products, is entering the battery separator f...

Hyundai E&C to develop future residential model All Life-care House

Hyundai E&C to develop future residential model All Life-care House

South Korea's Hyundai Engineering & Construction (Hyundai E&C) has announced plans to create a future residential model, the All Life-care H...

HD Hyundai Oilbank to build eco-friendly power plants

HD Hyundai Oilbank to build eco-friendly power plants

South Korea's HD Hyundai Oilbank is pursuing the construction of eco-friendly power plants powered by liquefied natural gas and blue hydrogen.The co...

HYBE employees accused of insider stock trading over BTS

HYBE employees accused of insider stock trading over BTS

Three HYBE employees on Wednesday were accused of insider stock trading, allegedly selling the South Korean entertainment giant's shares before K-po...

HD KSOE to participate in EU's largest hydrogen transportation project

HD KSOE to participate in EU's largest hydrogen transportation project

South Korea's HD Korea Shipbuilding & Offshore Engineering  (HD KSOE), the shipbuilding holding company of HD Hyundai Co. , is participatin...

Hanwha Systems to provide antijam radio to S.Korean military

Hanwha Systems to provide antijam radio to S.Korean military

South Korea's Hanwha Systems Co. announced on Wednesday that it has been selected as the preferred bidder for the Air-to-Ground Communication Radi...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation