Orion’s Turtle Chips launches in Vietnam, India

South Korea's confectionary giant Orion Corp. is launching its popular snack "Kkobuk Chip" in Vietnam and India. Orion announced on Monday that it h...

Specialty income by preferred securities, commercial MBS

With a hamstrung US Federal Reserve, the global outlook for 2023 is one of cautious optimism for fixed income. As the Fed is unable to readily rescu...

Lotte Data Communication, Lotte E&C, UK Skyports tie up for VTOL

Lotte Data Communication Co. announced on Friday that it has signed a business agreement with Lotte Engineering & Construction and UK-based urba...

LG Chem, China’s Huayou Cobalt to build $923 million precursor plant

South Korea’s top chemicals company LG Chem Ltd. and its Chinese partner Zhejiang Huayou Cobalt Co. will launch a 1.2 trillion won ($923 milli...

S.Korea plans to make digital platform gov't based on large-scale AI

South Korean government is pursuing various measures to nurture talent as a way to secure national competitiveness in the AI industry as represented...

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 ...

Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant

South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Electric Co., the electrical power equipment and energy solution affiliate of South Korean conglomerate HD Hyundai Co. Group, on Friday s...

Lotte Biologics, Excellgene to collaborate on CDO biz

Lotte Biologics, South Korea's biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Sunday that it has...

Hanwha Life acquires Indonesia's Lippo General Insurance

South Korea's Hanwha Life Insurance said on Thursday that it has acquired a 62.6% stake in Indonesian insurer Lippo General Insurance, in collaborat...

SK Hynix unsure about applying for US chip subsidies: CEO

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Wednesday it is unsure about applying for US...

S.Korea's KOTRA sends chip investment survey team to Texas

The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) on Tuesday said it dispatched to Texas a survey team for semiconductor in...

Korea's Cafe24 launches customized enterprise service

South Korea's global e-commerce platform Cafe24 Corp. announced on Tuesday the launch of a new page called "Cafe24 Enterprise Service," which is des...

Hanjin launches global C2C purchase platform Hoot Town

Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Hoot Town, a global co...

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...

POSCO's composite column building method gets green tech certification

South Korea's steelmaker POSCO on Sunday said its P-Box Column, the method of building a concrete-filled synthesized column jointly developed with P...

LG takes lead in nurturing young AI talent by holding AI hackathon

South Korea's LG announced on Sunday that it held the "LG AI Hackathon" for nurturing young artificial intelligence (AI) talent for two days from ...

LG Energy to build $5.6 billion battery complex in Arizona

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday it is investing 7.2 trillion won ($5.6 billion) to build a b...

Hanwha to build solar cell components plant in Georgia

South Korea’s Hanwha Advanced Materials Corp. will spend $147 million to build a solar panel components plant in the US state of Georgia, acco...

SK On, EcoPro, China’s GEM to jointly build precursor factory

South Korea’s electric vehicle (EV) battery major SK On Co. will build a precursor plant at home with a Korean partner, EcoPro Co., and China'...

Samsung, SK Hynix look to China exit plans as growth stunted

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are in quandary over their growth strategies in China fo...

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 ...

Apple Pay to shake up S.Korea's digital payment market

The launch of Apple Pay in South Korea on Tuesday is poised to shake up the country’s digital payment market as the sector leader Samsung Pay ...

NHN, KT, Naver to jointly build AI semiconductor farm

Three large cloud service providers (CSPs) in South Korea will participate as a team in the project K-Cloud pursued by the government to verify dome...

Doosan Enerbility wins combined cycle power plant order in Kazakhstan

Doosan Enerbility Co., a South Korean power plant builder, announced on Wednesday that it has signed a contract with Turkestan LLP, a subsidiary of ...

SK C&C to build advanced info systems for Nongshim's overseas corporations

South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications ...

Ssangyong E&C wins contract for building ASML Korea campus

Ssangyong Engineering & Construction, a South Korean builder, said on Monday that it has secured a 200-billion-won ($170-million) contract to co...

Samsung SDS to offer customized cloud services

Samsung SDS Co. is ready to offer easy-to-use, customized cloud storage services to help its clients' digital transformation, its Chief Executive Hw...

Hyundai L&C targets China’s interior materials market

Hyundai L&C, a South Korean building materials company under the Hyundai Department Store Group, said on Sunday that it has entered the Chinese ...

Dayou A-Tech completes building EV seat production facility

Dayou A-Tech Co., a South Korean car seat manufacturer under the Dayou Winia Group, announced on Thursday that it has built a seat production facili...