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Electronics
Vertu, Motorola, Xiaomi eye Korean smartphone market as LG exits
South Korea’s smartphone market is notoriously hard for foreign mobile phone makers to crack. So hard that some people call it the “grav...
Nov 18, 2022 (Gmt+09:00)
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Foreign exchange
Korea won sees best day in nearly 14 yrs, may be climbing from bottom
The South Korean won currency on Friday reported the largest daily gain in almost 14 years as lower-than-expected US inflation data bolstered expect...
Nov 11, 2022 (Gmt+09:00)
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Electronics
Galaxy S22 smartphone named to Time's 'Best Inventions of 2022'
The smartphone Galaxy S22 Ultra is one of three products by Samsung Electronics included on a list of this year's best inventions by the American ma...
Nov 11, 2022 (Gmt+09:00)
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Corporate restructuring
SK Telesys merges with SK Solmics, both wholly owned subsidiaries of SKC
SK Solmics Co., a wholly owned subsidiary of SKC Inc., is poised to merge with SK Telesys Co. on February 1 of next year, according to regulatory fi...
Nov 08, 2022 (Gmt+09:00)
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Earnings
Korean Air soars with best quarterly results in its history
Korean Air is flying high after breaking its quarterly record for the second time this year thanks to growing profits from passenger flights as well...
Nov 04, 2022 (Gmt+09:00)
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Venture capital
Corporate VC veterans pinpoint their best investments
South Korean conglomerates in recent years have ramped up their investment in startups, yielding positive returns. Hyundai Motor Co. Vice Pre...
Nov 03, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s NEXO crossover tops world’s hydrogen vehicle market
Hyundai Motor Co.'s NEXO crossover has become the world’s best-selling hydrogen fuel cell electric vehicle (FCEV) in the first eight months of...
Oct 11, 2022 (Gmt+09:00)
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Entertainment
Squid Game wins Emmy awards for best actor, director
LOS ANGELES, California -- Netflix mega-hit Squid Game star Lee Jung-jae and creator Hwang Dong-hyuk each bagged an Emmy trophy Monday night in Los ...
Sep 13, 2022 (Gmt+09:00)
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Electronics
Samsung’s new foldables: High-stakes game changers in smartphones
Samsung Electronics Co. on Wednesday unveiled its fourth-generation foldable phones – new additions to its high-end line of Galaxy Z Fold and ...
Aug 10, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Zigbang completes Samsung SDS home IoT takeover
Zigbang, a South Korean proptech startup that provides real estate search and transaction services, has completed the acquisition of Samsung SDS Co....
Jul 28, 2022 (Gmt+09:00)
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Healthcare
Daesang Life, China’s Sinopharm to launch health foods joint venture
Daesang Life Science Corp., a South Korean health foods maker, has signed an initial agreement with China’s Sinopharm International to launch ...
Jul 27, 2022 (Gmt+09:00)
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Electronics
Patents, LG Elec.’s legacy from smartphone business
LG Electronics Inc., the global home appliance leader, is targeting the quickly growing global earbuds market with new products based on technologie...
Jul 19, 2022 (Gmt+09:00)
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Corporate investment
LG Innotek dwarfs Korean rivals with hefty investment plan
LG Innotek Co., a major supplier of camera modules for Apple iPhones, is the only South Korean company to announce a billion-dollar facility investm...
Jul 13, 2022 (Gmt+09:00)
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The KED View
The case for improved Seoul-Tokyo relations
Unlike the West or China, which showed vastly different reactions, most South Koreans had a more complicated initial response to the news of forme...
Jul 12, 2022 (Gmt+09:00)
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Mobile networks
Samsung Elec. to launch Korea's first dual SIM smartphones in August
Samsung Electronics Co. is slated to enable embedded subscriber identity modules (eSIMs) into its new foldable smartphones available in South Korea ...
Jul 11, 2022 (Gmt+09:00)
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Korean chipmakers
LG Innotek to invest $1.1 bn to ramp up substrate, camera module output
South Korea’s LG Innotek Co. said on Wednesday it will invest 1.4 trillion won ($1.1 billion) in expanding facilities for semiconductor substr...
Jul 06, 2022 (Gmt+09:00)
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Automobiles
Samsung wins multi-billion-dollar camera module deal from Tesla
Samsung Electro-Mechanics Co., the electronic components unit of Samsung Group, has won a multi-billion-dollar deal to supply camera modules to Tesl...
Jul 06, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom blocks voice phishing via AI, police database
SK Telecom Co., a South Korean major mobile carrier, is strengthening its spam call filtering system to prevent voice phishing. The system blocked 3...
Jun 23, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix to supply industry’s best-performing DRAM to Nvidia
SK Hynix Inc., the world’s second-largest memory chipmaker, is set to supply the industry’s best-performing DRAM to US graphic chipmaker...
Jun 09, 2022 (Gmt+09:00)
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Pre-IPOs
Lemon Healthcare aims for IPO and triple jump in revenue
Imagine making a doctor’s appointment with a click of a button on a smartphone app. Once at the clinic or hospital, the app will guide the use...
Jun 02, 2022 (Gmt+09:00)
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Electric vehicles
Georgia state to provide $1.6 bn in incentives to Hyundai
Hyundai Motor Group is expected to receive about $1.6 billion in incentives including tax breaks from Georgia as South Korea’s top automaker i...
May 23, 2022 (Gmt+09:00)
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Automobiles
Kia chooses Coupang as first partner for purpose-built vehicle rollout
Kia Corp., South Korea’s second-largest automaker, has chosen Coupang Inc. as its first partner for the production of a purpose-built vehicle ...
Apr 15, 2022 (Gmt+09:00)
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Electronics
Samsung launches LTE-only Galaxy A23 to target low-end market
Samsung Electronics Co. on Friday launched the 4G LTE Galaxy A23 smartphone, a cheaper version of its flagship Galaxy A series models, targeting the...
Mar 25, 2022 (Gmt+09:00)
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Korean startups
Acqui-hire practices increase in S.Korea’s startup ecosystem
Jobis & Villains, the operator of artificial intelligence-powered accounting platform 3.3, announced that it recently acquired video messenger s...
Mar 21, 2022 (Gmt+09:00)
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Electronics
Samsung Galaxy A series: Budget smartphone with advanced features
Samsung Electronics Co. has unveiled two new Galaxy A series models, targeting price-conscious customers looking for affordable smartphones packed w...
Mar 18, 2022 (Gmt+09:00)
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Electronics
Samsung controls 90% of foldable smartphone market
Samsung Electronics Co. is enjoying a dominant position in the foldable smartphone market, alongside the segment's explosive growth aided by afforda...
Mar 16, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung’s Galaxy S22 Ultra: Setting new smartphone standard
Samsung Electronics Co. on Wednesday announced new additions to its Galaxy S series models as the world’s top smartphone maker by volume faces...
Feb 10, 2022 (Gmt+09:00)
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Cryptocurrencies
Bank of Korea to test CBDC on Samsung devices, not on iPhone
The Bank of Korea (BOK) will launch real-life, offline tests for a central bank digital currency (CBDC) project on Samsung Electronics Co.'s Galaxy ...
Jan 25, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia lead rivals in 2022 US best car awards
Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...
Jan 24, 2022 (Gmt+09:00)
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Venture capital
AmazeVR receives $15 mn from Korean VCs
AmazeVR Inc. received a total of $15 million from leading South Korean venture capital firms. The virtual reality platform allows users to experie...
Jan 12, 2022 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet