business use
Scope
Date
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Chemical Industry
S.Korea's top tech school uses salmon DNA to block art counterfeiting
The screen of the latest Samsung Electronics smartphone series Galaxy 23 released this year has a fingerprint recognition window on the display th...
May 24, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha aims to develop unmanned fighter jet engine within decade
Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, aims to develop engines for unmanned aircraft within the next decade t...
May 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea’s Kakao targets mobile infrastructure biz for Saudi tourism
Kakao Corp., South Korea’s mobile platform giant, targets the mobile infrastructure industry for Saudi Arabian tourism to expand its business ...
May 23, 2023 (Gmt+09:00)
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Steel
POSCO, JSW discuss eco-friendly reduction steel production
Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to discuss collaboration...
May 23, 2023 (Gmt+09:00)
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Energy
Korean biodiesel firm Dansuk sets sights on battery recycling business
KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...
May 23, 2023 (Gmt+09:00)
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Sports
Another Foreigner Detained in China, This Time a Korean Soccer Pro
SINGAPORE—Chinese police have detained a South Korean soccer player on allegations of bribery, the latest in a spate of enforcement actions af...
May 22, 2023 (Gmt+09:00)
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Carbon neutrality
S.Korea selects 100 core technologies to achieve carbon neturality
South Korea has designated 100 core technologies to achieve carbon neutrality including heat pumps that retrieve heat from air and water, the green ...
May 22, 2023 (Gmt+09:00)
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Bio & Pharma
HLB submits new drug application to FDA for Rivoceranib liver cancer drug
HLB Co. announced on May 17 that it has submitted a new drug application (NDA) to the US Food and Drug Administration (FDA) for the approval of Rivo...
May 19, 2023 (Gmt+09:00)
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Waste management
SK C&C to develop solution to prevent recycling fraud
SK C&C, an information and communications technology affiliate of South Korea’s SK Group, on Thursday said it is developing a system for t...
May 19, 2023 (Gmt+09:00)
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Business & Politics
S.Korea business lobby group regrets past political role
The Federation of Korean Industries (FKI) on Thursday said it deeply regretted the political role it took in the previous governments and vowed to b...
May 18, 2023 (Gmt+09:00)
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Electronics
LG Electronics to participate in Frieze Art Fair in New York
LG Electronics Inc. said on Thursday that it will participate in Frieze New York, one of the world's three major contemporary art fairs, from May 17...
May 18, 2023 (Gmt+09:00)
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Logistics
Samsung SDS bolsters Cello Square with tech upgrades, global push
Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...
May 18, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem secures exclusive deal for Israeli desalination project
South Korea's LG Chem Ltd. revealed on Thursday that it has been awarded the exclusive contract as the sole supplier of reverse osmosis (RO) membran...
May 18, 2023 (Gmt+09:00)
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Petrochemicals
Kumho Petrochem signs MOU with Japanese second-largest refiner
South Korea's Kumho Petrochemical Co. and Idemitsu Kosan Co., a Japanese refining and petrochemical company, announced on May 17 that they have sign...
May 17, 2023 (Gmt+09:00)
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Electric vehicles
Samsung Electro-Mechanics unveils high-capacity MLCCs for EVs
Samsung Electro-Mechanics Co., a South Korean electronic components maker, on Tuesday showcased two new multi-layer ceramic capacitors (MLCCs) with ...
May 16, 2023 (Gmt+09:00)
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Blockchain
BOK, Samsung to develop offline CBDCs using Galaxy devices
South Korea’s central bank and Samsung Electronics Co. have joined hands to further advance the country’s offline central bank digital c...
May 16, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea to launch first cyber office for small, medium businesses
South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...
May 16, 2023 (Gmt+09:00)
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Corporate strategy
POSCO DX to team up with PwC Consulting for smart factory business
POSCO DX Co., formerly POSCO ICT Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Monday that it h...
May 15, 2023 (Gmt+09:00)
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Petrochemicals
SK Chemicals, Comex jointly develop eco-friendly food storage containers
South Korea's SK Chemicals announced on Monday the launch of "Eco Clear," an airtight container developed in collaboration with Comex Industrial Co....
May 15, 2023 (Gmt+09:00)
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Bio & Pharma
InBody to release big data-based health management solutions
South Korea's InBody Co., the global leader in analytic devices for body composition, is entering the health management solution field in 2023.Usi...
May 15, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to invest $221 mn to build R&D chip line in Japan: Nikkei
Samsung Electronics Co. will build a prototype chip production facility in Japan for 30 billion yen ($221 million) to develop next-generation back-e...
May 15, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung develops 128GB DRAM for data intensive applications
Samsung Electronics Co. said on Friday it has developed the industry’s first 128-gigabyte DRAM based on the compute express link (CXL) 2.0 mem...
May 12, 2023 (Gmt+09:00)
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Earnings
Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1
Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...
May 11, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to invest $2.6 bn in quantum technology by 2035
South Korea will spend 3.5 trillion won ($2.6 billion) on quantum science and technology development by 2035 in partnership with the country’s...
May 11, 2023 (Gmt+09:00)
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Companies
S.Korea advised to slash corporate inheritance tax to 30%
South Korean entrepreneurs are imposed heavy inheritance taxes of up to 60% to hand down wealth to their children, the highest level among Organizat...
May 11, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to apply private advanced tech to military weapons in 5 years
South Korea has approved a fast-track system that slashes complex administrative procedures for application of private technology to the military&rs...
May 11, 2023 (Gmt+09:00)
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Business & Politics
FKI, Keidanren launch fund for Korea-Japan partnerships
TOKYO – Major business lobby groups of South Korea and Japan have created a partnership fund of 200 million yen ($1.5 million) to accelerate i...
May 10, 2023 (Gmt+09:00)
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Chemical Industry
Kolon Industries to increase aramid pulp production for EVs
Kolon Industries Inc., a leading industrial materials maker in South Korea, said on Wednesday it will inject 22 billion won ($16.6 million) to expan...
May 10, 2023 (Gmt+09:00)
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Webtoons
Naver Webtoon targets entertainment business in Japan
Naver Webtoon Ltd., the world’s top digital comics provider, is targeting the entertainment sector in Japan as it aims to expand its intellect...
May 08, 2023 (Gmt+09:00)
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Korean games
WeMade discusses first console game with Microsoft
South Korea's video game developer WeMade Co. on Monday said it is discussing cooperation with Microsoft in areas like WeMade's release of a console...
May 08, 2023 (Gmt+09:00)
Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul