S.Korea's top sci-tech school creates cutting-edge anti-drone technology

A research team at South Korea's top science and technology university has developed an anti-drone technology that can remotely neutralize a city-in...

S.Korea's Daewoong Pharmaceutical to export tech to British company

South Korea's Daewoong Pharmaceutical has licensed a new drug candidate for idiopathic pulmonary fibrosis (IPF) to CS Pharmaceuticals (CSP) of the U...

SGC Solutions expands overseas sales channels for its brand Glasslock

South Korea's glassware maker SGC Solutions said Tuesday that it has signed a memorandum of understanding (MOU) with the Korea Small & Medium Bu...

LG Elec eyes profit from EV powertrain, car lighting biz

LG Electronics Inc., the world’s leading home appliance maker, aims to take profit from the electric vehicle powertrain and car lighting units...

Samsung to showcase customized home appliances at KBIS 2023

Samsung Electronics Co. will showcase its home appliance lineup that focuses on sustainability and personalized design at the 2023 Kitchen & Bat...

Korea’s Hyundai Electric wins $86 mn transformer deal in US

Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...

SK Geo Centric receives int'l recognition for eco-friendly polymers

SK Geo Centric Co., South Korea's chemical firm, has received the globally recognized "GRS" certification for its eco-friendly polymers, the company...

Hyundai Mobis bags record $4.6 bn orders from global carmakers

South Korea's Hyundai Mobis, a key affiliate of Hyundai Motor Group, last year enjoyed its best year in orders received from abroad.The company on T...

NPS underperforms global peers by returns for Q1-Q3 2022

South Korea's National Pension Service (NPS), the world's third-largest pension fund, ranked 10th out of the global 42 state-owned investors by rate...

Philip Morris, KT&G extend sales partnership to 2038

KT&G Corp., the world's fifth-largest tobacco maker, has extended its sales partnership with US cigarette giant Philip Morris International Inc....

Hanwha Solutions, SKS Credit propel to build eco-friendly data center

Hanwha Solutions Corp. said on Monday that its business unit Hanwha Solutions Insight Division has signed a memorandum of understanding (MOU) with S...

Samsung Electronics' life cycle assessment gauges CO2 emission impact from chips

Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...

AI tech of Samsung Research recognized via machine translation award

Samsung Research, the research and development (R&D) hub of Samsung Electronics Co., has proven its excellence in artificial intelligence-based ...

Samsung hires two ex-Ericsson executives to lead network business

South Korea’s tech giant Samsung Electronics Co. has hired two former executives of Swedish telecom equipment maker Ericsson to boost its ne...

Samsung Electronics opens experience store in New Delhi

Samsung Electronics Co. said on Sunday that its Indian subsidiary Samsung India opened a large experience store in New Delhi’s main street Con...

Samsung considers chip output cut as first-quarter loss looms large

Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...

Doosan Bobcat opens parts distribution center in Atlanta, Georgia

South Korea's Doosan Bobcat said on Friday that it has opened an additional construction equipment parts distribution center (PDC) in Atlanta, Georg...

Woori Bank's Vietnam subsidiary reports record-high performance

Woori Bank Vietnam, South Korean lender Woori Bank's local subsidiary in Vietnam, had heydays last year, tiding over the aftermath of the COVID-19 o...

S.Korea, Japan compete in gastroesophageal reflux drug market

South Korea is battling Japan again, this time on the global market to treat gastroesophageal reflux disease (GERD). South Korea's pharmaceutical pr...

S.Korea's Bespin Global launches all-in-one AIoT

South Korea's cloud solution provider Bespin Global said on Thursday that it would launch "IoTOps," a software as a service (SaaS)-based artificial ...

South Korea’s economic contraction deepens recession woes

South Korea suffered its first economic contraction in two and half years due to sluggish exports and weak domestic demand during the fourth quarter...

Samsung Biologics CEO focuses on global business

John Rim, chief executive of Samsung BioLogics will directly lead his company's global sales operations for biopharmaceuticals through contract deve...

Samsung earns ISO 22301 certification for business continuity

Samsung Electronics Co.'s device solutions division has achieved ISO 22301 certification, the international business continuity management system (B...

Silicon Valley, Korean startups’ choice for global business

Silicon Valley was the favorite place for South Korean startups for their global business as more of them were established in other countries for th...

Koh Young to showcase 3D inspection tech at IPC APEX EXPO

Koh Young Technology Inc., a leading 3D optical inspection devices maker in South Korea, is set to participate in IPC APEX EXPO 2023 in San Diego to...

KB Financial recognized as global sustainability leader

South Korea's KB Financial Group was selected as one of the "Global 100 Most Sustainable Corporations in the World" list announced by Corporate Knig...

Korea’s top probiotic drink maker hy to expand global biz

South Korea’s leading probiotic drink maker hy Co. is seeking to expand its health functional food business into the global market as demand f...

Global smartphone shipments hit 10-year low in 2022

Global smartphone shipments last year declined to their lowest level in 10 years, showing how consumers closed their wallets amid the economic downt...

Epikar inks MOU with Singapore's NTU Research Center

South Korea's auto distribution digital solutions company Epikar said on Wednesday that it has signed a memorandum of understanding (MOU) for R&...

NGeneBio's diagnostic products start to be used in clinical tests in Vietnam

South Korea's medical diagnostics company NGeneBio Co. said on Wednesday that it is expanding its business in the Southeast Asian precision diagnost...