LG Chem teams up with US company to expand bioplastic global business
LG Chem Ltd. has partnered with a US-based biofuel company Gevo to expand its bio-material-based plastic business.The company announced on Thursday ...
POSCO, Honda to cooperate in EV material business
South Korea's POSCO Group and Japan's Honda Motor signed a comprehensive memorandum of understanding (MOU) on Tuesday to expand cooperation in the e...
S.Korea to strengthen cooperation with Portugal in renewable energy
South Korea’s the Trade, Industry and Energy Minister Lee Chang-yang participated on Wednesday in The Korean-Portuguese Business Forum at the ...
Korean game sector looks to cute girls to lure new users
South Korea’s game makers rushed to launch games with cute girl characters to allure fans of Japanese animation as cartoons for the subculture...
Hanwha heir apparent named senior advisor at US energy investor
Hanwha Group Vice Chairman Kim Dong-kwan, the heir apparent of the South Korean energy-to-defense conglomerate, has been named a senior advisor at S...
Korea's InnoGrid to collaborate with Hyosung for cloud business
InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...
Lotte Group secures $3.8 bn funding from four major Korean banks
Lotte Group announced on Friday that it has signed a financial support agreement worth 5 trillion won ($3.8 billion) with four major South Korean ba...
Korean PE firm STIC taps Bain & Co senior partner for PE business
South Korean private equity firm STIC Investments Inc. is set to hire Lee Hyukjin, a senior partner of global management consulting firm Bain & ...
SK C&C partners with Storm Ventures to discover promising B2B startups
South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and c...
TIMWORK lifts trophy at March D.Camp startup pitch competition
TIMWORK Inc., a South Korean digital construction plan management software developer, won first prize at D.Camp’s March startup pitch competit...
KB Securities signs MOU with Korea East-West Power, Hikive
KB Securities Co. announced on Thursday that it had entered into a business agreement with Korea East-West Power Co. and Hikive to collaborate on a ...
NPS to launch committee for portfolio firms' governance improvement
South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...
POSCO Int'l expands into bioplastic recycling business
POSCO International, a subsidiary of South Korea's steel-making-oriented POSCO Group, announced on Wednesday its entry into the biodegradable biopla...
Korea's Mirae Asset, SK Telecom tie up for security token ecosystem
Mirae Asset Securities Co. and SK Telecom Co., South Korea’s top brokerage house and mobile carrier, are set to join hands to establish an eco...
Home appliance maker Cuchen unveils animated character Zin-z
Cuchen, a South Korean home appliance company, has introduced an original character named "Zin-z" to enhance its brand image. Zin-z is an animation ...
Samsung Chairman Lee to meet new premier in China
Samsung Electronics Co. Chairman Jay Y. Lee arrived in Beijing on March 23 to review the chipmaker’s business in China, which is gradually rec...
S.Korea's Hancom to apply ChatGPT to Hancom Docs
South Korea's office software developer Hancom Inc. will apply ChatGPT, a generative artificial intelligence (AI) service that allows users to reque...
DB HiTek mulls $780 mn capex in foundry after fabless demerger
South Korea’s chip foundry company DB HiTek Co. is mulling about 1 trillion won ($780 million) in capital expenditures to enhance its foundry ...
KB, Hana drive major S.Korean overseas banking profits lower
KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...
Yanolja Cloud to develop real estate platform with SK Discovery
South Korea's Yanolja Cloud, a software-as-a-service (SaaS) company, announced on Tuesday its partnership with SK Discovery Co. to build a proptech ...
Samsung Elec boosts robotics as key growth engine: Vice chairman
Samsung Electronics Co., the world’s largest chip producer, will go all out to expand its robotics business, Vice Chairman and Co-CEO Han Jong...
SK C&C, Naver Cloud team up to boost AI services for Korean companies
SK C&C, a leading information technology service provider in South Korea, has announced a partnership with Naver Cloud to develop ultra-large ar...
Wave Lifestyle Tech signs MOU with Saudi gov't to expand robot business
Wave Lifestyle Tech, a South Korean foodtech robot company, said on Monday that it has signed a memorandum of understanding with Saudi Arabia’...
S.Korea's STX to spin off shipping division
South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...
Startup Innospace launches Korea’s first private projectile
South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first private launch vehicle, ...
Bespin Global to work with GBike for smart mobility business in Vietnam
Bespin Global, a cloud delivery platform company based in South Korea, announced on Thursday that it had partnered with GBike, a micromobility tech ...
OCI to expand polysilicon line, buy back shares to boost corporate value
OCI Co., a leading South Korean chemical and green energy company, plans to significantly increase the size of its upcoming share buyback and cancel...
LG Elec to spend over $4 bn on capex in 2023, biggest in a decade
LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...
EQT sees huge potential in security services for S.Korean SMEs
The digital security market is rapidly growing in South Korea, one of the world’s fastest-aging countries and amid its soaring labor costs.&nb...
F&F bets on China's beauty market under MLB brand
F&F Co., a South Korean retailer of Western brands such as Major League Baseball (MLB), has been rapidly penetrating China's cosmetics market, w...
