POSCO changes brand slogan for first time in 23 years
POSCO Holdings Inc., the holding firm of South Korea’s largest steelmaker, on Wednesday announced a new brand slogan, “Green Tomorrow, w...
SK Pharmteco secures 12 global pharma clients, sets up US R&D center
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured 12 global pharm...
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...
Kia launches exclusive care service for EV9
South Korea's Kia Corp. announced on Tuesday that it will begin exclusive EV9 care services. The company will offer after-sale services throughout t...
Bullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist
Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been chosen to lead the ...
LG Uplus announces expansion of robot business from serving to logistics
South Korea’s third-largest mobile carrier, LG Uplus Corp., said on Monday that it will expand its robot business from the existing serving se...
HD Hyundai to expand LNG tanker conversion biz with orders
HD Hyundai Global Service, the ship retrofit subsidiary of the world’s second-largest shipbuilder HD Hyundai Co., is poised to bag orders to c...
KT Submarine to rename itself LS Marine Solution
South Korea’s undersea cable company KT Submarine Co. will change its name to LS Marine Solution following its integration into the LS Group. ...
Samsung Bioepis seeks to buy Biogen biosimilar unit
Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea’s Samsung Group, seeks to buy a biosimilar business d...
Naver Pay to enter Chinese payment market in 2023
South Korea's Naver Financial announced plans on Tuesday to bring its simple payment service, Naver Pay, to the Chinese market by the end of this ye...
Dior opens 2023 FW pop-up store in Galleria
South Korea’s Galleria Department Store has opened the first domestic Dior FW (fall/winter) collection pop-up store.The company on Sunday said...
CJ CheilJedang divests Chinese subsidiary Jixiangju for $235 mn
South Korean food giant CJ CheilJedang Corp. announced on Monday that it has completely sold its ownership stake in its Chinese food subsidiary, Jix...
S.Korea's HD Hyundai chairman: We can’t rely on bad profits
Kwon Oh-gap, chairman and co-CEO of South Korea's HD Hyundai Co., has ordered his company not to rely on “bad profits” gained from tempo...
Doosan to enter EV sector with battery recycling business
South Korea’s major power plant builder Doosan Enerbility Co. plans to set up a battery recycling subsidiary, targeting the sector expecting r...
S.Korea’s aid service Boram Group enters companion animal market
South Korea’s Boram Group, whose main affiliate is an aid company, has entered the companion animal market. Affiliates Boram Sangjo and ...
Hyundai Motor eyes EV charger alliance in US to take on Tesla
South Korea’s Hyundai Motor Co. and Kia Corp. are planning to join BMW, General Motors, Honda Motor, Mercedes-Benz and Stellantis to collectiv...
Emart partners with KOTRA to help S.Korean SMEs export
South Korea’s largest hypermarket chain Emart Inc. is partnering with Korea Trade-Investment Promotion Agency (KOTRA) to expand its overseas f...
SK E&S, Plug Power to strengthen hydrogen partnership
South Korea's SK E&S Co. and Plug Power, a global hydrogen solutions provider, have reinforced their commitment to accelerating the developmen...
GS E&C faces heavy loss in Q2 due to apartment reconstruction plan
GS Engineering & Construction Co., South Korea’s major construction firm, posted a quarterly operating loss in the April-June period for t...
S.Korea’s fashion brand Handsome expands overseas portfolio
South Korean fashion company Handsome Corp. is accelerating expansion of its portfolio for licensing foreign brands.The company on Monday said it co...
POSCO affiliates’ shares surge; market cap rises threefold in 5 years
Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...
Kwangdong to sell exclusively three global rare disease drugs
South Korean pharmaceutical company Kwangdong Pharmaceutical announced on Monday that it signed an agreement for securing exclusive sales and distri...
SK E&S opens representative office in Vietnam
South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation business by opening a rep...
SK Broadband names SK Shieldus' ex-CEO Park its new chief
South Korea’s internet service provider SK Broadband Co. said on Friday it has tapped Park Jin-hyo, former chief executive at security affilia...
SK Networks to acquire data management company en-core
SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...
SM Group to buy HMM but not for over $3.5 bn: SM Chair Woo
SM Group has enough financial ammunition to buy the country’s No. 1 container shipping line HMM Co. but would not join the bid for the latter&...
LG unveils upgraded hyperscale AI for future businesses
LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced an upgraded hyperscale AI to be used for its future growth engine...
Lotte Group's Shin stresses unlearning as key to innovation
Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where a strict corporate ...
Lotte Chemical, DL Energy team up to produce renewable energy
South Korea’s Lotte Chemical Corp. and DL Energy have joined forces to spread carbon neutrality and environmental, social and governance (ESG)...
American patent trolls target S.Korean companies
Over 80% of American companies that sued South Korean companies for patent infringement last year were non-practicing entities (NPE), or “pate...
