SK Networks to expand investment in tech firms for future growth

SK Networks to expand investment in tech firms for future growth

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, will expand direct funding for tech ...

S.Korea to spur defense sector tech with $1.5 bn R&D investment

S.Korea to spur defense sector tech with $1.5 bn R&D investment

South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...

Doosan Enerbility promotes technology at world's largest energy exhibition

Doosan Enerbility promotes technology at world's largest energy exhibition

Major South Korean power plant builder Doosan Enerbility Co. announced on Wednesday that it has started promoting its nuclear power and gas turbine ...

KT’s global digital push deepens with Singtel partnership

KT’s global digital push deepens with Singtel partnership

KT Corp. has joined hands with Singapore Telecommunications Ltd. (SingTel) to export its cloud and artificial intelligence (AI) technologies, as wel...

POSCO decides to build electric furnace at Gwangyang Works

POSCO decides to build electric furnace at Gwangyang Works

South Korea’s leading steelmaker POSCO on Tuesday said it will begin its transition to a low-carbon production system by building an electric ...

Hyundai Dream Tour partners with Air France-KLM for eco-friendly fuel

Hyundai Dream Tour partners with Air France-KLM for eco-friendly fuel

On Monday, Hyundai Dream Tour, a travel company affiliated with Hyundai Department Store Group, announced a partnership with Air France-KLM to promo...

SK Chemicals joins global initiative to cut carbon emissions

SK Chemicals joins global initiative to cut carbon emissions

South Korea's SK Chemicals said on Monday that it has joined a global initiative that aims to set science-based targets for reducing greenhouse gas ...

Network usage fees likely to take center of debate at MWC2023

Network usage fees likely to take center of debate at MWC2023

Major participants in the mobile world congress (MWC) 2023 such as Google Inc. and Netflix Inc. are expected to discuss telecommunications network f...

Samsung leader eyes memory chip packaging investment

Samsung leader eyes memory chip packaging investment

Samsung Electronics Co., the world’s largest memory chipmaker, may accelerate investment in leading-edge technologies including chip packaging...

Korea's Hanwha Q Cells halts litigation against Chinese module maker

Korea's Hanwha Q Cells halts litigation against Chinese module maker

Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, has signed a contract to transfer technology licenses to Chinese s...

DeepBrain AI joins CB Insights' Global 250 Generative AI Startups list

DeepBrain AI joins CB Insights' Global 250 Generative AI Startups list

DeepBrain AI, a South Korean AI startup, said on Friday it made the list of "Global 250 Generative AI Startups" by CB Insights, a New York-based mar...

S.Korea's Kakao Enterprise introduces Matching 2.0 strategy

S.Korea's Kakao Enterprise introduces Matching 2.0 strategy

Kakao Enterprise, a leading IT platform business operator in South Korea, recently announced its "Matching 2.0" strategy to enhance the quality of s...

Samsung develops world's first reusable air filter for harmful gases

Samsung develops world's first reusable air filter for harmful gases

Samsung Electronics Co., the South Korean electronics giant, has developed the world’s first filter that can remove both fine dust and harmful...

SK Ecoplant enters bioenergy sector with waste-to-fuel tech

SK Ecoplant enters bioenergy sector with waste-to-fuel tech

South Korea's SK Ecoplant Co. will supply fuel made from the conversion of food waste.The company on Thursday said it entered the bioenergy market a...

Korean PE firm STIC to buy stake in copper foil maker Iljin

Korean PE firm STIC to buy stake in copper foil maker Iljin

South Korean private equity firm STIC Investments is poised to become the second-largest shareholder of Iljin Materials Co., a Kosdaq-listed battery...

Hyundai Steel co-hosts symposium on low-carbon construction materials

Hyundai Steel co-hosts symposium on low-carbon construction materials

Hyundai Steel has joined hands with the construction industry to increase the recycling of steel byproducts.On Tuesday, the steel maker organized a ...

POSCO ties up with Aussie firm on US EV cell mineral project

POSCO ties up with Aussie firm on US EV cell mineral project

South Korea’s POSCO Group has joined hands with an Australian company to work on an electric vehicle battery material project in the US as it ...

For the Korean 'Crazyones' who dream to beat Steve Jobs, Elon Musk

For the Korean 'Crazyones' who dream to beat Steve Jobs, Elon Musk

Many young entrepreneurs around the world dream to become the next Steve Jobs or Elon Musk -- industry legends who dramatically changed our daily li...

POSCO to produce low-carbon steel raw material in Australia

POSCO to produce low-carbon steel raw material in Australia

South Korea's top steelmaker POSCO has launched a project in Australia to produce hot briquetted iron (HBI), an essential raw material for the adopt...

Zigbang signs agreement with Saudi's National Housing Company

Zigbang signs agreement with Saudi's National Housing Company

On Monday, South Korean proptech company Zigbang announced a partnership with Saudi Arabia's National Housing Company with the goal of digitalizing ...

S.Korean IT firms rush for tie-ups to compete with ChatGPT

S.Korean IT firms rush for tie-ups to compete with ChatGPT

South Korean tech companies are rushing to form partnerships in different sectors to develop superior AI services to compete with ChatGPT, a chatbot...

Kepco E&C takes first step in protecting nuclear power plants from drones

Kepco E&C takes first step in protecting nuclear power plants from drones

Kepco Engineering & Construction Co. has teamed up with South Korea's defense company Terra Defense to establish a system aimed at protecting nu...

Samsung Electro-Mechanics achieves highest ranking in CDP evaluation

Samsung Electro-Mechanics achieves highest ranking in CDP evaluation

Samsung Electro-Mechanics has achieved its highest ranking in the Carbon Disclosure Project (CDP) evaluation of climate change response. The company...

SK E&S, Ce-tek demonstrate carbon dioxide absorbent

SK E&S, Ce-tek demonstrate carbon dioxide absorbent

Ce-tek, a research company in carbon capture technology supported by South Korea's SK E&S, has conducted a demonstration experiment that dramati...

Kumho Petrochem's rubber products win eco-friendly certification

Kumho Petrochem's rubber products win eco-friendly certification

Kumho Petrochemical Co. said on Tuesday that its four synthetic rubber products including SSBR, HBR, LBR, and NdBR have earned International Sustain...

Samsung, LG Elec target N.American air conditioner market at trade show

Samsung, LG Elec target N.American air conditioner market at trade show

Samsung Electronics Co. and LG Electronics Inc. are vying for the North American market for air conditioners with their cutting-edge solutions in th...

SK Innovation steps up carbon offset, green investments

SK Innovation steps up carbon offset, green investments

SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is poised to strengthen its eco-friendly b...

Chong Kun Dang, Synaffix ink deal to introduce ADC technology

Chong Kun Dang, Synaffix ink deal to introduce ADC technology

Chong Kun Dang Pharmaceutical Corp. said on Monday that it has signed a contract with Dutch biotechnology firm Synaffix B.V for the use of antibody-...

Lotte Construction develops eco-friendly concrete

Lotte Construction develops eco-friendly concrete

Lotte Engineering & Construction has developed eco-friendly concrete that can reduce carbon dioxide emissions by up to 90%. In collaboration wit...

Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking