M2N to sell 52% stake in Chinese automotive parts company DKCA

M2N to sell 52% stake in Chinese automotive parts company DKCA

M2N( DK D&I Co. ), the parent company of pharmaceutical firm Sillajen Inc., announced on Tuesday that it has signed an agreement to sell its maj...

Extraordinary Attorney Woo is most popular content on KT's Genie TV

Extraordinary Attorney Woo is most popular content on KT's Genie TV

The drama with the most purchases this year on Genie TV, internet protocol TV (IPTV) service of KT Corp., is the hit legal drama "Extraordinary Atto...

GI Cell wins approval for human cell management from Korean regulator

GI Cell wins approval for human cell management from Korean regulator

GI Cell, a South Korean developer of immune cell therapy products, received a human cell and others management license from South Korean regulatory,...

FarmHannong's herbicide Terrad'or enters Brazil

FarmHannong's herbicide Terrad'or enters Brazil

FarmHannong, South Korea's leading agricultural chemicals producer, said on Tuesday that its new herbicide Terrad'or has been registered as a new he...

SK Inc. gets highest AAA grade in MSCI's ESG rating

SK Inc. gets highest AAA grade in MSCI's ESG rating

SK Inc., SK Group's investment arm, won the highest AAA ratings from both Morgan Stanley Capital International (MSCI) and the Dow Jones Sustainabili...

Samsung Electronics unveils 43-inch gaming monitor Odyssey Neo G7

Samsung Electronics unveils 43-inch gaming monitor Odyssey Neo G7

Samsung Electronics Co. on Tuesday said it will release in Korea the Odyssey Neo G7, its new 43-inch large-screen gaming monitor.The monitor sp...

Hyundai Mobis tests cutting-edge vehicle broadcast platform in North America

Hyundai Mobis tests cutting-edge vehicle broadcast platform in North America

South Korea's Hyundai Mobis, which developed the next-generation automotive broadcast system ATSC 3.0 in the US, has teamed up with Sinclair Broadca...

Hyundai Home Shopping to divest rental unit for $107 mn

Hyundai Home Shopping to divest rental unit for $107 mn

Hyundai Home Shopping Network Corp., a TV shopping channel operator owned by South Korea's Hyundai Department Store Group, said on Dec. 26 it will s...

Netmarble joins UNGC to strengthen ESG management

Netmarble joins UNGC to strengthen ESG management

Netmarble Corp. said on Monday that it has joined the United Nations Global Compact (UNGC) to strengthen its environmental, social, and governance (...

Samsung TV, home theater systems win award in Australia

Samsung TV, home theater systems win award in Australia

South Korea's electronics giant Samsung Electronics Co. has set a new benchmark for customer satisfaction in Australia, receiving Canstar Blue&rsquo...

KT signs agreement with O2 Company on smart fish farming

KT signs agreement with O2 Company on smart fish farming

KT Corp., a South Korean telecom giant, plans to advance into the sea farming business.KT said on Sunday it had signed a business agreement with O2 ...

E-Mart enters Singapore with two corner shops selling K-food

E-Mart enters Singapore with two corner shops selling K-food

South Korea’s largest supermarket chain E-Mart Inc. has become the first Korean company that has launched a convenience store in Singapore.The...

SK Energy, Naver agree to develop gas stations into logistics hubs

SK Energy, Naver agree to develop gas stations into logistics hubs

SK Energy and Naver Corp. are joining hands to transform gas stations into urban logistics hubs where advanced technologies will be employed.SK Ener...

Launch of Innospace's Hanbit-TLV rocket called off due to technical glitch

Launch of Innospace's Hanbit-TLV rocket called off due to technical glitch

The Ministry of Science and ICT announced on Wednesday that it will invest 350 billion won ($273 million) to build a rocket launch site, which will ...

Dong-A ST incorporates NeuroBo as subsidiary

Dong-A ST incorporates NeuroBo as subsidiary

Dong-A ST said on Friday that it would acquire American drug company NeuroBo Pharmaceuticals as a subsidiary.NeuroBo, located in Boston, is a Nasdaq...

Fortune 500 has just 16 Korean companies: study

Fortune 500 has just 16 Korean companies: study

Sixteen South Korean corporations are on Forbes' Global 500 list, a survey found.Critics say the distribution of the nation's leading companies is t...

SK Signet to showcase new ultra-fast charger at CES 2023

 SK Signet to showcase new ultra-fast charger at CES 2023

SK Signet Inc., the No.1 company in the US ultra-high speed charger market, will showcase a new standard ultra-fast charger V2 at CES 2023, the worl...

KSOE signs agreement with Omani company to build 2 LNG carriers

KSOE signs agreement with Omani company to build 2 LNG carriers

Korea Shipbuilding & Offshore Engineering Co., the shipbuilding holding company of the Hyundai Heavy Industries Group, said on Thursday that it ...

CJ CheilJedang develops biodegradable cosmetic containers

CJ CheilJedang develops biodegradable cosmetic containers

CJ CheilJedang Corp. said on Thursday that it has applied a biodegradable container developed from a composite material mixed with PHA (polyhydroxya...

S.Korea to introduce mandatory offer for takeover deals

S.Korea to introduce mandatory offer for takeover deals

South Korea is set to require a takeover bidder for a listed company to buy stakes held by small shareholders at the same price to be paid to a majo...

Women break glass ceiling in South Korea's advertising sector

Women break glass ceiling in South Korea's advertising sector

Major advertising agencies in South Korea have appointed women to the position of vice president. Because advertising is a field in which women are ...

KAI to develop drone for reconnaissance, attack

KAI to develop drone for reconnaissance, attack

Korea Aerospace Industries Ltd. (KAI) on Wednesday said it is developing a small multi-purpose drone with reconnaissance and attack functions like t...

Hanwha E&C, Panasia sign joint hydrogen production agreement

Hanwha E&C, Panasia sign joint hydrogen production agreement

The construction division of Hanwha Corp. said on Wednesday that it has signed an agreement to produce hydrogen based on biogas with Panasia, an eco...

Naver D2SF makes investment in US sleep tech company PranaQ

Naver D2SF makes investment in US sleep tech company PranaQ

Naver Corp.'s startup nurturing organization D2SF has newly invested in PranaQ, a US sleep tech startup. This is the 100th investment since the comp...

LG Chem invests $18.6 million in battery recycler JaeYoung Tech

LG Chem invests $18.6 million in battery recycler JaeYoung Tech

South Korea's LG Chem Ltd. is accelerating its entry into the North American battery recycling market by joining forces with JaeYoung Tech, a Korean...

ToolGen, ANLBIO to jointly develop progeria treatments

ToolGen, ANLBIO to jointly develop progeria treatments

South Korea's two biotech startups ToolGen Incorporated and ANLBIO on Tuesday signed a joint research and development agreement for developing proge...

SK E&S builds world's largest production base for blue hydrogen

SK E&S builds world's largest production base for blue hydrogen

South Korea's SK E&S has accelerated a blue hydrogen project in Boryeong, South Chungcheong Province, in what will be the world's largest comple...

GS E&C inks deal with AirFirst on industrial gas tech development

GS E&C inks deal with AirFirst on industrial gas tech development

GS Engineering & Construction Co. said on Tuesday that it has signed an agreement with AirFirst to work together in the areas of industrial gas ...

Hanwha Hotels&Resorts signs MOU with Mohegan Inspire

Hanwha Hotels&Resorts signs MOU with Mohegan Inspire

Hanwha Hotels & Resorts Co. announced on Tuesday that it signed with Mohegan Inspire Entertainment Resort a memorandum of understanding (MOU) fo...

Korean holding firms likely to post bigger dividend payouts in 2022

Korean holding firms likely to post bigger dividend payouts in 2022

South Korea's major holding companies are expected to set higher dividends per share (DPS) at end-2022 than in previous years, a Samsung Securi...

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