CJ Investment fosters Korean startups to discover new growth engines

CJ Investment fosters Korean startups to discover new growth engines

CJ Investment, the corporate venture capital arm of CJ Corp., announced on Tuesday its plans to foster promising South Korean startups in order to d...

Patty-cooking robotics startup Aniai completes seed funding

Patty-cooking robotics startup Aniai completes seed funding

Aniai Inc., a foodservice robotics developer founded by a South Korean, said on Feb. 21 it has attracted $3 million via a seed funding round to boos...

CJ Logistics opens office in Poland to beef up European business

CJ Logistics opens office in Poland to beef up European business

CJ Logistics said on Tuesday that it has opened an office in Wroclaw, Poland’s largest industrial city located in the southwest, as part of th...

Korea's NPS, KTCU likely to invest in CVC's ninth buyout fund

Korea's NPS, KTCU likely to invest in CVC's ninth buyout fund

South Korea’s key institutional investors are highly likely to invest via European private equity giant CVC Capital Partners’ ninth buyo...

SK Enmove joins GRC's ElectroSafe Fluid Partner Program

SK Enmove joins GRC's ElectroSafe Fluid Partner Program

South Korea's SK Enmove Co. said on Monday it will participate in the ElectroSafe Fluid Partner Program run by US-based specialist company GRC, whic...

Brazil approves Celltrion Pharm’s syringe facility

Brazil approves Celltrion Pharm’s syringe facility

Celltrion Pharm Inc., a South Korean biopharmaceutical company, said on Monday it received certification from Brazil’s health regulator for it...

Samsung leader eyes memory chip packaging investment

Samsung leader eyes memory chip packaging investment

Samsung Electronics Co., the world’s largest memory chipmaker, may accelerate investment in leading-edge technologies including chip packaging...

Korea's Cha Bio Group to expand overseas real estate business

Korea's Cha Bio Group to expand overseas real estate business

Cha Bio Group, consisting of Cha Biotech and Cha Vaccine Research Institute as its subsidiaries, has announced its expansion into the real estate in...

LG Chem invests $75 million in Piedmont Lithium, signs supply deal

LG Chem invests $75 million in Piedmont Lithium, signs supply deal

LG Chem Ltd., South Korea’s largest chemicals maker, said on Friday it is acquiring a 6% stake in Piedmont Lithium Inc., a US mining company, ...

LG Uplus to invest $77.3 million annually against data theft

LG Uplus to invest $77.3 million annually against data theft

South Korea’s third-largest mobile carrier LG Uplus Corp. will spend 100 billion won ($77.3 million) a year to enhance data security about a m...

Samsung’s TV business launches customer marketing team

Samsung’s TV business launches customer marketing team

South Korea’s tech giant Samsung Electronics Co. is putting into action an age-old mantra that reflects the importance of customers in its bus...

SK Hynix may not slash chipmaking investment in 2023: vice chairman

SK Hynix may not slash chipmaking investment in 2023: vice chairman

SK Hynix Inc., the world’s second-largest memory chipmaker, will not significantly cut its semiconductor output this year, Vice Chairman Park ...

Korean PE firm STIC to buy stake in copper foil maker Iljin

Korean PE firm STIC to buy stake in copper foil maker Iljin

South Korean private equity firm STIC Investments is poised to become the second-largest shareholder of Iljin Materials Co., a Kosdaq-listed battery...

AMCHAM head James Kim joins Hyundai Mobis as outside director

AMCHAM head James Kim joins Hyundai Mobis as outside director

James Kim, chairman of the American Chamber of Commerce in Korea (AMCHAM), is joining South Korea’s largest auto parts maker Hyundai Mobis Co....

NHN Cloud joins Cloud Native Computing Foundation's KCSP program

NHN Cloud joins Cloud Native Computing Foundation's KCSP program

South Korea's NHN Cloud announced on Wednesday that it had become a Kubernetes Certified Service Provider (KCSP), which is a partner program created...

Plain sailing for LS with record earnings under Chairman Koo’s leadership

Plain sailing for LS with record earnings under Chairman Koo’s leadership

LS Group’s plan to groom new growth engines from batteries to electric vehicles and semiconductors is set to gain impetus after South Korea&rs...

Samsung Electronics, KAIST join forces to train robotics experts

Samsung Electronics, KAIST join forces to train robotics experts

Samsung Electronics Co. has partnered with the Korea Advanced Institute of Science and Technology (KAIST) to cultivate specialists in robotics. On M...

Korean builders to ramp up overseas business in 2023

Korean builders to ramp up overseas business in 2023

Major South Korean construction firms are set to expand their overseas business while reducing domestic projects this year to boost profitability. T...

S.Korea's Kyung Dong Navien expands its business in Central Asia

S.Korea's Kyung Dong Navien expands its business in Central Asia

South Korea's heating systems manufacturer Kyung Dong Navien Co. held a conference for 100 local dealers in Tashkent, Uzbekistan, on Feb. 10.The con...

S.Korea's Hoban Group signs agreement with Aramco for cooperation

S.Korea's Hoban Group signs agreement with Aramco for cooperation

Hoban Group, South Korea's construction, property development, and manufacturing conglomerate, said Monday that it has signed a memorandum of unders...

Hanall Biopharma invests in Interon Labs for brain disease treatments

Hanall Biopharma invests in Interon Labs for brain disease treatments

South Korean pharmaceuticals firm Hanall Biopharma Co. is investing in Interon Laboratories, a US biotech firm that finds and develops treatments fo...

Why SM emerged as hot battlefield between HYBE, Kakao

Why SM emerged as hot battlefield between HYBE, Kakao

SM Entertainment Co., a South Korean music label widely credited as the pioneer of K-pop, has emerged as a new battlefield between HYBE Co., the age...

S.Korea doubles undocumented overseas remittance limit to $100,000

S.Korea doubles undocumented overseas remittance limit to $100,000

South Korea as early as June will double its annual limit on overseas remittance without evidential documents from $50,000 to $100,000.The Ministry ...

Seoul to run $3.9 billion fund for startups over 4 years

Seoul to run $3.9 billion fund for startups over 4 years

The local government of South Korea’s capital city Seoul this year will launch its own vision fund, dubbed the Seoul Vision 2030 Fund, to inve...

Doosan joins forces with S.Australian gov't to expand hydrogen business

Doosan joins forces with S.Australian gov't to expand hydrogen business

Doosan Fuel Cell plans to expand its hydrogen business overseas. The company on Thursday said it had signed an agreement with the state of Sout...

KT DS secures global standard certification for Smart-X

KT DS secures global standard certification for Smart-X

KT DS, an IT service arm of South Korea's KT Group, said on Thursday that its Internet-of-Things (IoT) solution Smart-X has passed the oneM2M certif...

Individual investors in S.Korea betting on stock market's decline

Individual investors in S.Korea betting on stock market's decline

Despite South Korea's Kosdaq stock market growing this month following the "January rally," individual investors in the country are still betting on...

CJ Olive Young faces discipline for abuse of power with suppliers

CJ Olive Young faces discipline for abuse of power with suppliers

CJ Olive Young Co., South Korea’s top beauty store chain, will face punishment by the country’s antitrust regulator for abuse of power o...

FKI to be more open, future-minded and international as part of reform

FKI to be more open, future-minded and international as part of reform

South Korea’s major business lobby group the Federation of Korean Industries (FKI) will become a more open and future-oriented business group ...

Samsung’s Lee may ramp up investment in QD-OLED panels

Samsung’s Lee may ramp up investment in QD-OLED panels

Samsung Electronics Co. may ramp up its investment in screen panel affiliate Samsung Display Co. to meet growing demand for next-generation quantum ...

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