business-to-consumer
Scope
Date
~
-
Companies
SK Materials, Arencibia ink MOU on noble gas recycling
SK Materials Airplus Co. announced on Monday that it signed an MOU with US-based Arencibia to prepare to enter the noble gas recycling business.&n...
Dec 19, 2022 (Gmt+09:00)
-
Leadership & Management
Technocrats dominate major Korean companies’ leadership
Technocrats dominated the management of South Korea’s top 10 business groups, as technical specialists with deep understanding of business too...
Dec 19, 2022 (Gmt+09:00)
-
Robotics
KT to commercialize self-driving robots with startup Neubility
KT said on Friday that it has signed a partnership agreement with Neubility, an outdoor self-driving robot developer, to expand its robot service bu...
Dec 16, 2022 (Gmt+09:00)
-
Airlines
S.Korean Airlines increase flights in anticipation of travel boom
South Korean airlines launched extensive marketing activities such as increasing international flights and giving free tickets in preparation for mo...
Dec 16, 2022 (Gmt+09:00)
-
Tech, Media & Telecom
LG Uplus ramps up user experiences, platforms, metaverse
LG Uplus Corp., the third-largest mobile carrier in South Korea, is improving its user experiences as well as accelerating new businesses such as pl...
Dec 15, 2022 (Gmt+09:00)
-
Business & Politics
Shin Hanul revives Korea’s aim to become global nuclear powerhouse
South Korea put a newly built nuclear reactor into full operation on Wednesday to reinforce energy stability, reviving its goal of becoming ...
Dec 14, 2022 (Gmt+09:00)
-
Energy
Hyundai Electric joins hands with GE to enter offshore wind power business
Hyundai Electric will advance into the offshore wind power market jointly with GE Renewable Energy.Hyundai Electric, an electric systems spinoff fro...
Dec 14, 2022 (Gmt+09:00)
-
Advertising & Marketing
Samsung Electronics launches newsrooms in Swedish, Norwegian
Samsung Electronics Co., the world's largest memory chipmaker and major mobile device manufacturer, opened online newsrooms in Sweden and Norway, it...
Dec 14, 2022 (Gmt+09:00)
-
Korean chipmakers
Samsung’s foundry revenue exceeds mainstay NAND chip sales
Samsung Electronics Co., the world’s largest memory chipmaker, saw its foundry business revenue exceed that of its mainstay NAND flash chips f...
Dec 13, 2022 (Gmt+09:00)
-
Batteries
Hyundai Electric to supply ESS worth $160 mn to KEPCO's substation
Hyundai Electric, an electric systems spinoff from South Korean shipbuilding giant Hyundai Heavy Industries Co., said on Tuesday that it will supply...
Dec 13, 2022 (Gmt+09:00)
-
Energy
Doosan, DL consortium to invest $130 mn in X-Energy for SMR project
A South Korean consortium led by Doosan Enerbility Co. and DL E&C Co. is investing $130 million in X-Energy LLC, a US nuclear reactor and fuel d...
Dec 12, 2022 (Gmt+09:00)
-
Carbon neutrality
POSCO, Malaysia’s Petros to join forces on carbon capture business
POSCO Holdings Inc., the holding company of South Korea’s top steelmaker POSCO, said on Monday it has joined forces with Malaysia’s ener...
Dec 12, 2022 (Gmt+09:00)
-
Leadership & Management
Samsung tightens belt to gird for worsening economic conditions
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is drastically cutting costs while maintaining investments in f...
Dec 09, 2022 (Gmt+09:00)
-
Samsung Group
Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women
Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...
Dec 08, 2022 (Gmt+09:00)
-
Food & Beverage
Korea's CJ CheilJedang mulls rebrand with name change
South Korean food giant CJ CheilJedang Corp. is considering a new name for the company in a bid to represent its main businesses and target global c...
Dec 07, 2022 (Gmt+09:00)
-
Korean games
Dragonfly, CJ ENM sign MOU on content business
Dragonfly said on Wednesday that it has signed a memorandum of understanding (MOU) with CJ ENM Co. to cooperate in moving into new content busines...
Dec 07, 2022 (Gmt+09:00)
-
Hydrogen economy
Lotte Chem, Air Liquide Korea launch JV for hydrogen business
South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...
Dec 06, 2022 (Gmt+09:00)
-
Petrochemicals
LG Chem unveils eco-friendly bioplastic, supplies to US toy firm Mattel
LG Chem Ltd., South Korea’s largest chemicals maker, has unveiled a new eco-friendly high-performance bioplastic and supplied it to Mattel Inc...
Dec 05, 2022 (Gmt+09:00)
-
Korean SMEs
Employment, labor regulations most burdensome for small businesses
More than four out of ten small- and medium-sized enterprises (SMEs) have experienced difficulties due to regulations and cited employment and labor...
Dec 05, 2022 (Gmt+09:00)
-
Aerospace & Defense
Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project
Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is planning on four additional launches of the country’s first h...
Dec 02, 2022 (Gmt+09:00)
-
Economy
Korea inflation at 7-mth low; BOK may slow rate hike pace
South Korea’s headline inflation hit a seven-month low in November as rises in agricultural and petroleum product prices slowed, adding to exp...
Dec 02, 2022 (Gmt+09:00)
-
Bio & Pharma
Medipost, OmniaBio to enhance cooperation for CDMO business
South Korea's stem-cell therapy company Medipost announced on Thursday that its Canadian affiliate OmniaBio made a two-day visit to South Korea on N...
Dec 01, 2022 (Gmt+09:00)
-
Content platforms
KT conducts reshuffle ahead of launching South Korea's top OTT service
Korea's telecom giant KT Corp. has reshuffled its media business units ahead of the pending absorption of its over-the-top (OTT) video platform Se...
Dec 01, 2022 (Gmt+09:00)
-
Tech, Media & Telecom
Korea adopts USB-C as unified connector for phone charging cable
The Korean government has released guidelines on its designation of USB-C as the unified national standard for charging and data transfer connectors...
Nov 30, 2022 (Gmt+09:00)
-
ESG
SK Innovation to adopt internal carbon pricing system
SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...
Nov 28, 2022 (Gmt+09:00)
-
Economy
Corporate confidence in South Korea hits 23-month low
Business sentiment among South Korea's companies has fallen to its lowest level in 23 months, as worsening business conditions mainly in the non-man...
Nov 24, 2022 (Gmt+09:00)
-
Automobiles
LG Display develops invisible speaker for automobiles
South Korea's LG Display on Monday said it has developed an in-vehicle sound solution that uses screen vibrations to produce sound, and that the dev...
Nov 22, 2022 (Gmt+09:00)
-
Korean startups
One of 4 Korean startups considers moving business abroad
One out of four startups in South Korea is considering moving its business abroad in search of looser regulation. In a survey of 256 startups b...
Nov 21, 2022 (Gmt+09:00)
-
Korean startups
Deeping Source turns visual data into info that drives business decisions
Deeping Source Inc., an artificial intelligence (AI) analytics startup, turns real-life visual data into insight that can drive business decisions.&...
Nov 20, 2022 (Gmt+09:00)
-
Business & Politics
Saudi prince’s Seoul trip brings $30 billion in business deals
Mohammed bin Salman, the crown prince and prime minister of Saudi Arabia, flew into Seoul on Thursday and clinched $30 billion in bilateral deals wi...
Nov 17, 2022 (Gmt+09:00)
Latest News
- 1 SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals
- 2 South Korea unveils $14.6 billion 2nd extra budget to reinvigorate economy
- 3 Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds
- 4 POSCO inducted into World Steel Dynamics’ Hall of Fame
- 5 Lockheed Martin, KAI to expand partnership to future defense, aerospace tech