Hyundai Heavy to adopt Palantir's big data platform

Hyundai Heavy to adopt Palantir's big data platform

South Korea’s Hyundai Heavy Industries Group said on Wednesday that it has signed a contract with Palantir Technologies Inc., a US data analyt...

SK Telecom expands business portfolio with quantum tech

SK Telecom expands business portfolio with quantum tech

South Korea’s top mobile carrier SK Telecom Co. is expanding its business portfolio with quantum technology, even into industries that are unr...

Kakao Mobility, Hyundai to launch pilot robotaxi service by year-end

Kakao Mobility, Hyundai to launch pilot robotaxi service by year-end

Kakao Mobility Corp., which runs South Korea’s most popular taxi-hailing app, and top Korean automaker Hyundai Motor Co. have agreed to launch...

LG Group revs up EV charging businesses to lead burgeoning sector

LG Group revs up EV charging businesses to lead burgeoning sector

LG Group affiliates, notably LG Electronics Inc. and LG Uplus Corp., are entering the electric vehicle (EV) charging business in full force. In...

DB HiTek develops automotive power semiconductor tech

DB HiTek develops automotive power semiconductor tech

DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...

Lotte Card draws bid from Hana as key candidates back off

Lotte Card draws bid from Hana as key candidates back off

South Korea's Lotte Card Co. has drawn preliminary bids from Hana Financial Group, a leading banking group in the country, and two to three unidenti...

CalSTRS, Korea's KTCU consider launching 2nd real estate JV

CalSTRS, Korea's KTCU consider launching 2nd real estate JV

The Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and the California State Teachers' Retire...

Lotte to invest $900 mn in Vietnam smart city project

Lotte to invest $900 mn in Vietnam smart city project

Lotte Group, South Korea’s fifth-largest conglomerate, is set to invest $900 million in Vietnam to establish a smart city as it aims to accele...

Business magnates' startup investment fraternity V-Society going strong

Business magnates' startup investment fraternity V-Society going strong

Back in August 2000, a fraternity of domestic business magnates’ children and startup entrepreneurs named V-Society was founded. The frat...

SK Innovation unveils plans for Scope 3 carbon emission reduction

SK Innovation unveils plans for Scope 3 carbon emission reduction

SK Innovation Co. published its 2022 Net Zero Special Report on the company website on Wednesday, detailing its plan of action for Scope 3 carbon em...

South Korea’s Shinhan launches credit card in Vietnam

South Korea’s Shinhan launches credit card in Vietnam

South Korea’s Shinhan Card Co. launched its first credit card in Vietnam to expand its business portfolios into overseas markets as the sector...

Startup accelerator D.Camp marks 100th demo day

Startup accelerator D.Camp marks 100th demo day

Startup accelerator D.Camp’s demo day event dubbed D.Day celebrated its 100th event on Thursday. The first D.Day event was held in June 2...

Demand for Samsung foldables keeps smartphone parts makers busy

Demand for Samsung foldables keeps smartphone parts makers busy

Smartphone parts suppliers to Samsung Electronics Co. are running their plants at full capacity as the South Korean tech giant’s latest fold...

Shinhan Card ties up with FiscalNote for global data biz

Shinhan Card ties up with FiscalNote for global data biz

Shinhan Card Co. has joined forces with US legal data and analytics company FiscalNote Holdings Inc. to expand its data business into the global mar...

Hyundai Motor Group to invest in fabless startup BOS Semiconductors 

Hyundai Motor Group to invest in fabless startup BOS Semiconductors 

Hyundai Motor Group announced on Wednesday that it will invest in Seongnam-based fabless startup BOS Semiconductors, which designs system-on-chip (S...

SoftBank Son's youngest brother poised to buy Korean VC arm

SoftBank Son's youngest brother poised to buy Korean VC arm

Taizo Son, the youngest brother of SoftBank Chairman Masayoshi Son, is poised to buy the group's South Korean venture capital arm for around 200 bil...

Ediya to re-enter global café market with first branch in Guam

Ediya to re-enter global café market with first branch in Guam

South Korea’s homegrown coffee chain Ediya Coffee is ready for re-entry into the global café market after the failure of its Chinese bu...

LG to nurture automotive electronics talent at Korean universities

LG to nurture automotive electronics talent at Korean universities

LG Electronics Inc., the world’s leading home appliance maker, plans to foster talent for its automotive electronics business at South Korean ...

Hanwha to supply actuators for Vertical Aerospace's UAM business

Hanwha to supply actuators for Vertical Aerospace's UAM business

Hanwha Aerospace Co., South Korea’s leading aircraft engine maker, is accelerating the expansion of its urban air mobility (UAM) business.&nbs...

SK Ecoplant to supply fuel cells to China’s top data center operator GDS

SK Ecoplant to supply fuel cells to China’s top data center operator GDS

South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...

LG, KT join forces to launch next-generation service robots

LG, KT join forces to launch next-generation service robots

South Korea’s leading telecommunications company KT Corp. has partnered with LG Electronics Inc. to develop and launch next-generation custome...

Nongshim posts first operating loss from Korean sales in 24 years

Nongshim posts first operating loss from Korean sales in 24 years

South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...

Samsung’s Lee reinstated; big moves in store for top conglomerate

Samsung’s Lee reinstated; big moves in store for top conglomerate

Lee Jae-yong, Samsung Group’s de facto leader, on Friday had his right to work restored, paving the way for big moves for South Korea’s ...

Korea suffers from foreign workers shortage in farming

Korea suffers from foreign workers shortage in farming

South Korea’s agricultural product prices are expected to increase this year as the agriculture industry is suffering chronic labor shortages....

Korea Inc. rushes to cut debt as interest rates surge

Korea Inc. rushes to cut debt as interest rates surge

South Korean companies scrambled for lowering debts and borrowing costs with new financial and business strategies as interest rates on corporate lo...

Korea Zinc to invest $7.5 billion in green hydrogen, battery materials

Korea Zinc to invest $7.5 billion in green hydrogen, battery materials

Korea Zinc Co., the world’s largest lead and zinc smelter, plans to spend 9.74 trillion won ($7.5 billion) in renewable energy, green hydrogen...

Hong Kong-based Crypto.com acquires South Korean exchange OK-BIT

Hong Kong-based Crypto.com acquires South Korean exchange OK-BIT

Hong Kong-based Crypto.com announced Monday it finalized the acquisition of a 100% stake in South Korea’s cryptocurrency exchange operator OK-...

CJ CheilJedang posts record-high operating profit in Q2

CJ CheilJedang posts record-high operating profit in Q2

South Korean food giant CJ CheilJedang Corp. logged record-high quarterly operating profit in the second quarter of 2022 amid the growing popularity...

Harim seeks Genofocus purchase to enter biotechnology business

Harim seeks Genofocus purchase to enter biotechnology business

Harim Co., South Korea’s top poultry processing company, is seeking to acquire Genofocus Inc., a Kosdaq-listed industrial and pharmaceutical e...

LG Elec. revives tablet business to target Korean edtech market 

LG Elec. revives tablet business to target Korean edtech market 

LG Electronics Inc. is going all in on South Korea’s distance learning market. For the first time in three years, the electronics giant h...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS BOK chief warns household debt near tipping point, keeps rates steady