KAIST develops brain-like, large-scale memory system

The Korea Advanced Institute of Science & Technology (KAIST), a prestigious South Korean university, has developed a highly-reliable, large-scal...

Hanwha Systems joins hands with Italy's Leonardo for radar exports

South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...

Hyundai Wia likely to deploy smart robots at Georgia EV plant

Hyundai Wia Corp., an auto parts unit of Hyundai Motor Group, will likely deploy smart robots at the group’s first dedicated electric vehicle ...

POSCO to deploy more industrial robots at workplaces

POSCO Group, which owns South Korea’s largest steelmaker, plans to deploy more industrial robots at its factories to improve productivity and ...

KT maintains throne in Korea pay TV market in H2 2021

KT Corp., a major South Korean telecommunications company, and its affiliates had the largest subscribers of the country’s pay TV services, ma...

Hyundai Motor to take Korean ondol heating system to GV90

In the era of autonomous driving, the definition of the space inside a car is expanded into a moving living space, and Hyundai Motor Co. aims to tak...

Kakao Entertainment sets up content ecosystem with M&As

Kakao Entertainment Corp., a unit of South Korea’s top mobile messenger app operator, has established its own content ecosystem including crea...

Hyundai Motor unveils new EV charging platform to take on Tesla

Hyundai Motor Co. on Monday unveiled a new electric vehicle charging service platform as the top South Korean automaker takes on global rival Tesla ...

SM Entertainment to find Saudi idols with Princess Haifa

South Korea’s entertainment behemoth SM Entertainment Co. will develop Saudi idols with Princess Haifa bint Mohammed Al-Saud as the kingdom ai...

Nexon incorporates own payment system for Dungeon & Fire release

South Korea’s online game developers are intensifying their efforts to build and incorporate their own payment systems to wipe out hefty commi...

Kiturami Boiler bets on chip, battery facility systems

Choi Jin-min, founder and chairman of Kiturami Boiler Co., is one of the few living witnesses in South Korea's boiler history. At the age of 21, he ...

Hyundai to adopt multiple car assembly system at local plant from August

Hyundai Motor Co. is introducing a multiple vehicle assembly system at its main plant in South Korea to better respond to rising market demand for d...

Hanwha invests another $11 mn in US communications firm Kymeta

Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...

Korean shipbuilders see material impact from sanctions on Russia

International sanctions on Russia over its invasion of Ukraine are set to have a material impact on South Korea’s three largest shipbuilders, ...

Korea defense firms in spotlight amid Russia-Ukraine war

South Korea’s defense makers are in the spotlight as nations are expected to boost their military power amid the Russia-Ukraine war. Industry ...

Hyundai, Iveco to cooperate on commercial vehicles

Hyundai Motor Co., South Korea’s top automaker, and Iveco Group NV, Italia's truck maker, have agreed to join hands on their commercial vehicl...

KB Life, Prudential Life to complete merger by Jan 2023

The merger of KB Life Insurance Co., an insurer under KB Financial Group Inc. of South Korea, and Prudential Life Insurance Co. of Korea will be c...

SK On aims to dominate global battery market by 2030

SK On Co. is on track to become the world’s No. 1 battery maker by 2030, the company said on Sunday. During an interview with the in-ho...

LG Energy acquires ESS company in US from Japan's NEC

LG Energy Solution Ltd. has acquired US-based NEC Energy Solutions to expand its capabilities into the energy storage system (ESS) integration mar...

Defense giants eager to bolster satellite business

In the era of space privatization, satellites are the driving forces.South Korea’s main defense systems makers are turning away from arms expo...

Naver recruits two AI scholars based in US

Naver Corp. is ramping up its recruitment of global talent in artificial intelligence. The South Korean tech giant announced Monday that it h...

S.Korea’s defense exports to top $10 billion

South Korea’s defense exports hit a record last year as key local makers such as LIG Nex1 Co., Hanwha and Korea Aerospace Industries Ltd. (KAI...

2022 Mercedes EQS EV comes with LG's flexible OLED

The 2022 models of Mercedes-Benz AG's electric vehicle EQS will be equipped with infotainment systems co-developed with LG Electronics Inc., the Sou...

Foreigners’ Korean stockholdings soar 180-fold in 30 years

Foreign investors ramped up their holdings of South Korean stocks 180 times in 30 years, increasing influence in the local financial markets and dom...

Korea sets up smart farm in UAE, envisions more projects in Middle East

South Korea is building a smart farm in the Middle East desert with technology enabling the growth of various crops while minimizing water consumpti...

Korea’s Hanwha Aerospace to develop small rocket system

Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, is developing system technology for small projectiles that launch a satellit...

Hyundai Mobis unveils foldable steering wheel

South Korea’s Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has unveiled a foldable steering wheel along with other technologi...

Samsung’s new auto chip mounted in Volkswagen’s infotainment system

Samsung Electronics Co. is supplying one of its latest advanced chips to Volkswagen AG for the German carmaker’s in-vehicle infotainment syste...

Korea’s Toss operator invests $5 mn in US startup fintech platform Republic

Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, is investing $5 million in Republic, a ...

Korea closer to independent satellite technology

South Korea has developed its own signal control system for a radar reconnaissance satellite to be launched next year, the system being a key techno...