LG aims to capture 50% of global luxury car display market by 2026

LG aims to capture 50% of global luxury car display market by 2026

LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...

SK Telecom to enter generative AI market with large language model

SK Telecom to enter generative AI market with large language model

SK Telecom announced on Wednesday that it will provide tailored generative AI services to businesses and public agencies using various advanced arti...

Kyochon, Pablo Air to collaborate for commercializing drone delivery

Kyochon, Pablo Air to collaborate for commercializing drone delivery

South Korea's fried chicken chain Kyochon F&B announced on Wednesday that it signed a memorandum of understanding (MOU) with the drone logistics...

Samsung set to supply HBM3, packaging services to AMD

Samsung set to supply HBM3, packaging services to AMD

South Korea’s Samsung Electronics Co., the world’s top memory chipmaker is poised to provide its high bandwidth memory (HBM) chips and t...

Hyundai Transys' car seats rank in top 3 by US market survey

Hyundai Transys' car seats rank in top 3 by US market survey

A leading US consumer satisfaction survey has ranked car seats made by South Korea’s Hyundai Transys in the top three for the fourth consecuti...

SK Telecom buys major stake in AICC developer Persona AI

SK Telecom buys major stake in AICC developer Persona AI

South Korea's SK Telecom Co. will boost its artificial intelligence (AI) contact center (AICC) unit to emerge as a comprehensive provider of AICC pr...

S.Korean hybrid car market surpasses $4.56 bn in H1 2023

S.Korean hybrid car market surpasses $4.56 bn in H1 2023

South Korea's hybrid car market has shown a remarkable surge, reaching 6.12 trillion won ($4.56 billion) in the first half of 2023, according to the...

Kia to revive Ray EV to kick start S.Korean city car market

Kia to revive Ray EV to kick start S.Korean city car market

Kia Corp., South Korea’s No. 2 automaker, aims to revitalize the local city car segment with the reintroduction of an electric version of the ...

CJ Olive Young to expand men's product line

CJ Olive Young to expand men's product line

South Korea's health and beauty store chain CJ Olive Young on Thursday said its study of customer data over the past three years found that the prop...

Kia releases restyled mid-sized SUV, its facelifted 'new Sorento'

Kia releases restyled mid-sized SUV, its facelifted 'new Sorento'

Kia Corp. has unveiled its new Sorento, a facelift of its fourth-generation sport utility vehicle (SUV). The company announced on Thursday that it w...

Samsung C&T sells 150-MW solar power project in US

Samsung C&T sells 150-MW solar power project in US

South Korea's Samsung C&T Corp. on Wednesday said its US-based green energy affiliate Samsung C&T Renewables sold a project for construction...

Samsung's Bespoke Qooker surpasses 200,000 units in sales

Samsung's Bespoke Qooker surpasses 200,000 units in sales

Samsung Electronics Co.'s Bespoke Qooker has exceeded cumulative sales of 200,000 units within two years since its launch.Bespoke Qooker is a vers...

English tutoring startup Ringle accelerates service diversification

English tutoring startup Ringle accelerates service diversification

SILICON VALLEY – Ringle English Education Service, a South Korean startup operating a one-on-one English tutoring platform, is actively seekin...

Mirae Asset Global Investments buys Australian robo-advisor firm

Mirae Asset Global Investments buys Australian robo-advisor firm

South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...

SK Telecom's T deal sees 81.5% transaction amount increase in H1

SK Telecom's T deal sees 81.5% transaction amount increase in H1

South Korea's SK Telecom Co. announced on Monday that the transaction volume of its artificial intelligence (AI)-curated text commerce T deal in the...

Hyundai's premium Genesis cars to break 1 million units in global sales

Hyundai's premium Genesis cars to break 1 million units in global sales

Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...

S.Korea-China ferries resume passenger transport after hiatus of 43 months

S.Korea-China ferries resume passenger transport after hiatus of 43 months

The Ministry of Oceans and Fisheries of South Korea announced on Thursday that the passenger ferry New Grand Peace is set to embark on Friday aftern...

S.Korea's LG Uplus branches to offer travel services

S.Korea's LG Uplus branches to offer travel services

South Korea's telecom service provider LG Uplus Corp. will start offering travel services at its offline branches. The company on Wednesday said it ...

Naver to launch short-form service on portal’s front page

Naver to launch short-form service on portal’s front page

South Korea’s top online portal Naver Corp. said on Wednesday it is strengthening its short-form content service on surging demand for video c...

Toss’ TADA sale back to square one; its mobility push faces setback

Toss’ TADA sale back to square one; its mobility push faces setback

Viva Republica Inc., South Korea’s fintech unicorn operating mobile financial platform Toss, is at a crossroads as its second attempt to sell ...

Hyundai Glovis to secure additional 12 car transport vessels by 2025

Hyundai Glovis to secure additional 12 car transport vessels by 2025

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to secure an additional 12 vehicle transport vessels by 202...

Kakao Healthcare signs agreement with Novo Nordisk for digital service

Kakao Healthcare signs agreement with Novo Nordisk for digital service

Kakao Healthcare Corp., a digital healthcare platform unit of South Korea's Kakao Corp., announced that it has signed on Tuesday a business agreemen...

Kia launches exclusive care service for EV9

Kia launches exclusive care service for EV9

South Korea's Kia Corp. announced on Tuesday that it will begin exclusive EV9 care services. The company will offer after-sale services throughout t...

Seoul Metro to develop communication system for foreign passengers

Seoul Metro to develop communication system for foreign passengers

Foreign users of major subway stations in Seoul can communicate with Seoul Metro Corp. staff through simultaneous translation.  Through artific...

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

Woori Bank teams up with BuildBlock on US real estate services

Woori Bank teams up with BuildBlock on US real estate services

South Korea's Woori Bank and US real estate platform operator BuildBlock have entered into a strategic memorandum of understanding to bolster overse...

Affinity's CJ Lee to become 3rd Korean executive to leave

Affinity's CJ Lee to become 3rd Korean executive to leave

Affinity Equity Partners’ founding member and Managing Partner Lee Chul-joo (CJ Lee) will resign from the Asia’s leading buyout manager,...

Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show

Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show

Hyundai Motor Co. and Kia Corp. will participate in Indonesia’s largest auto show next week as the South Korean sister firms ramp up their off...

S.Korean cosmetics overtake French as top imports in Japan

S.Korean cosmetics overtake French as top imports in Japan

South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...

LG Uplus to equip Toyota Highlander’s infotainment platform

LG Uplus to equip Toyota Highlander’s infotainment platform

South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota Connect, powered by t...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A