S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

South Korea's Riiid, an artificial intelligence (AI)-based provider of educational solutions, on Monday said it has launched R.test, an AI diagnosti...

S.Korea's microneedle maker Raphas to enter US market

South Korea's microneedle maker Raphas Co. is expediting its entry into the American pharmaceutical market after entering the country's cosmetics se...

SK Energy wins first place in K-BPI gas station sector in Korea

SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...

Korea’s LG Elec, POSCO Future M receive GM supplier awards

South Korea’s LG Electronics Inc. and POSCO Future M said on Sunday that they won annual supplier awards from US top automaker General Motors ...

S.Korea's Amorepacific opens new space in metaverse

Amidst the accelerated entry of fashion and beauty brands into the metaverse to seize future opportunities, Amorepacific Corp. has also joined the b...

Doosan Bobcat participates in US logistics exhibition under Bobcat brand

Doosan Bobcat, a South Korean manufacturer of construction equipment, announced on Friday that it participated in the ProMat 2023 trade show for sup...

Korea's CJ Freshway promotes waste cooking oil recycling

CJ Freshway, a South Korean food distributor and food service company, announced on Friday that it has partnered with S&D Company, the operator ...

US affiliate of Korea's cell therapy company NK Max eyes NYSE listing in 3Q

NKGen Biotech, the US affiliate of South Korea's natural killer (NK) cell therapy developer NK Max, on Friday said it signed a letter of intent (LOI) ...

Cowell Fashion acquires Superdry’s Asia-Pacific IP rights for $50 mn

South Korea's innerwear company Cowell Fashion Co. has acquired the Asian rights to the British fashion brand Superdry for $50 million and plans to ...

Samsung's laptop Galaxy Book 3 sees 250% sales growth from predecessor's

Samsung Electronics Co.’s premium laptop PC series Galaxy Book 3 is a global hit since its release last monthIts reception has grown so high t...

S.Korea's ST Pharm supplies $49 mn worth of APIs to European drug firm

ST Pharm Co., a South Korean pharmaceutical firm, announced on Thursday that it had entered into an agreement to supply oligonucleotides to an undis...

Saudi Arabia emerges as land of opportunity to Korean startups

South Korean startups rush to the Kingdom of Saudi Arabia, where the government is keen to nurture startups with innovative and disruptive ideas and...

Brokerage firms in S.Korea log sharp falls in 2022 earnings

Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...

Lotte Confectionery to rebrand as Lotte Well Food

South Korea's Lotte Confectionery Co. will change its name to Lotte Well Food, effective April 1, according to an announcement made on Thursday. The...

Aekyung Chemical's coating resin wins certification from USDA

South Korean consumer goods company Aekyung Chemical Co. announced on Thursday that its plant-based oil coating resin has received certification fro...

HMM receives Gold rating in EcoVadis ESG evaluation

HMM Co., formerly known as Hyundai Merchant Marine, announced on Thursday that it has received the "Gold" rating for environmental, social and gover...

Goobne Chicken signs franchise contract with Texas-based company

Goobne Chicken, an oven-baked chicken brand operated by GN Food Corporation of South Korea, announced on Thursday that it had signed a master franch...

Doosan Fuel Cell teams up with Kolon Global for hydrogen fuel cell

South Korean fuel cell manufacturer Doosan Fuel Cell, and Kolon Global Corp., a South Korean company that specializes in the production of industria...

EV fast-charging company Crocus succeeds in $5 mn Series B funding

Crocus Inc., a South Korean startup focused on energy infrastructure and leveraging artificial intelligence (AI), announced on Wednesday that it rai...

PharmaResearch pays employees $7,706 bonus for having 3rd child

With South Korea setting new lows in birth rate every year, PharmaResearch on Wednesday said it will adopt an unprecedented system of childbirth and...

Ssangyong Motor changes name to KG Mobility

South Korea’s Ssangyong Motor Co., whose new owner is KG Group, has renamed itself KG Mobility, its first name change in 35 years.With its new...

Kolon Industries to make 100% plant-based eco-friendly plastic

Kolon Industries Inc.'s Future Technology Institute announced on Wednesday that it has partnered with Stora Enso Oyj, a global biomaterials leader f...

Samsung Electronics gets highest-level certification from AWS

South Korea's electronics giant Samsung Electronics Co. has achieved the highest level of "Platinum" certification from the Alliance for Water Stewa...

SK Ecoplant Americas completes fuel cell project at US hospitals

SK Ecoplant Americas has completed a project to supply and install solid oxide fuel cells at US hospitals in collaboration with Bloom Energy. The pr...

Doosan Enerbility wins back-to-back power plant deals in Central Asia

South Korean power plant builder Doosan Enerbility Co. has secured a series of contracts in Central Asia, including orders in Uzbekistan and Kazakhs...

LG Chem supplies RO filters for Chinese lithium extraction project

South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...

CGBio inks export deal for hyaluronic acid fillers with Chinese distributor

CGBio, a South Korean bio-regenerative medical company, has signed an export deal with Shanghai Feiting Trading Co., a Chinese medical device distri...

Hyundai Doosan Infracore wins Italian innovation award

Hyundai Doosan Infracore Co., a construction machinery subsidiary of HD Hyundai Group, announced on Tuesday that its 14-ton hybrid electric wheel ex...

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...