Sapeon completes $45 mn series A funding

Sapeon, a South Korean artificial intelligence (AI) semiconductor company, announced on Wednesday that it has concluded a Series A funding round, ra...

Doosan to provide logistics automation solutions to Nike Korea

Doosan Logistics Solutions Co. (DLS), a South Korean system integrator that provides turnkey solutions, announced on Tuesday that it has won Nike ...

FNSValue, UN agency to provide passwordless authentication for fintech

South Korean blockchain company FNSValue Co. on Monday signed a partnership agreement with the International Telecommunication Union (ITU), the Unit...

Smilegate to launch video communication service

The face on a video call screen changes into a game character, making the conversation fun. This is the main function of P.Pool, a video communicati...

Korean firms fret over growing adoption of Chinese LFP batteries

South Korea’s three major battery makers – LG Energy Solution Ltd., SK On Co. and Samsung SDI CO. – are increasingly anxious about...

DGB Fin to set up asset management firm in Singapore

South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...

Hyundai Mobis, Israel's Autotalks to develop V2X for self-driving cars

Hyundai Mobis Co., the world’s sixth-largest auto component maker, is slated to partner with Israeli chipset maker Autotalks Ltd. to develop 5...

Virtual bands, emerging stars to fuel global K-pop craze

Virtual bands have emerged as new stars to accelerate the K-pop craze across the world. An artificial girl quartet attracted more than 25 million vi...

Kia unveils design of EV5, its first China-made global electric car

Kia Corp., South Korea’s second-largest automaker, on Friday unveiled the design of the EV5, its first China-made all-electric vehicle that th...

Genesis ranks top in J.D. Power’s new car advanced tech survey

Hyundai Motor Co.'s premium brand Genesis secured first place in J.D. Power 2023 Tech Experience Index (TXI) study In this year’s J.D. Po...

Korea Credit Data raises $75.7 million from Morgan Stanley

Korea Credit Data (KCD), a South Korean fintech startup focusing on small- and medium-sized enterprises (SMEs), has raised 100 billion won ($75.7 mi...

Naver eyes global market with new LLM HyperCLOVA X

Naver Corp., the South Korean online platform giant, has finally debuted its upgraded large language model (LLM) HyperCLOVA X, its new pillar busine...

LG aims to capture 50% of global luxury car display market by 2026

LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...

SK Telecom to enter generative AI market with large language model

SK Telecom announced on Wednesday that it will provide tailored generative AI services to businesses and public agencies using various advanced arti...

Kyochon, Pablo Air to collaborate for commercializing drone delivery

South Korea's fried chicken chain Kyochon F&B announced on Wednesday that it signed a memorandum of understanding (MOU) with the drone logistics...

Samsung set to supply HBM3, packaging services to AMD

South Korea’s Samsung Electronics Co., the world’s top memory chipmaker is poised to provide its high bandwidth memory (HBM) chips and t...

Hyundai Transys' car seats rank in top 3 by US market survey

A leading US consumer satisfaction survey has ranked car seats made by South Korea’s Hyundai Transys in the top three for the fourth consecuti...

SK Telecom buys major stake in AICC developer Persona AI

South Korea's SK Telecom Co. will boost its artificial intelligence (AI) contact center (AICC) unit to emerge as a comprehensive provider of AICC pr...

S.Korean hybrid car market surpasses $4.56 bn in H1 2023

South Korea's hybrid car market has shown a remarkable surge, reaching 6.12 trillion won ($4.56 billion) in the first half of 2023, according to the...

Kia to revive Ray EV to kick start S.Korean city car market

Kia Corp., South Korea’s No. 2 automaker, aims to revitalize the local city car segment with the reintroduction of an electric version of the ...

Kia releases restyled mid-sized SUV, its facelifted 'new Sorento'

Kia Corp. has unveiled its new Sorento, a facelift of its fourth-generation sport utility vehicle (SUV). The company announced on Thursday that it w...

Samsung C&T sells 150-MW solar power project in US

South Korea's Samsung C&T Corp. on Wednesday said its US-based green energy affiliate Samsung C&T Renewables sold a project for construction...

Samsung's Bespoke Qooker surpasses 200,000 units in sales

Samsung Electronics Co.'s Bespoke Qooker has exceeded cumulative sales of 200,000 units within two years since its launch.Bespoke Qooker is a vers...

English tutoring startup Ringle accelerates service diversification

SILICON VALLEY – Ringle English Education Service, a South Korean startup operating a one-on-one English tutoring platform, is actively seekin...

Mirae Asset Global Investments buys Australian robo-advisor firm

South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...

SK Telecom's T deal sees 81.5% transaction amount increase in H1

South Korea's SK Telecom Co. announced on Monday that the transaction volume of its artificial intelligence (AI)-curated text commerce T deal in the...

Hyundai's premium Genesis cars to break 1 million units in global sales

Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...

S.Korea-China ferries resume passenger transport after hiatus of 43 months

The Ministry of Oceans and Fisheries of South Korea announced on Thursday that the passenger ferry New Grand Peace is set to embark on Friday aftern...

S.Korea's LG Uplus branches to offer travel services

South Korea's telecom service provider LG Uplus Corp. will start offering travel services at its offline branches. The company on Wednesday said it ...

Naver to launch short-form service on portal’s front page

South Korea’s top online portal Naver Corp. said on Wednesday it is strengthening its short-form content service on surging demand for video c...