S.Korea commercializes recycled materials EV tire

S.Korea commercializes recycled materials EV tire

South Korea's Hyosung Advanced Materials, SK Chemicals Co., and Hankook Tire & Technology announced on Mar. 6. that they commercialized a dedica...

Woori Financial to sponsor MLB Seoul Series

Woori Financial to sponsor MLB Seoul Series

South Korea's Woori Financial Group announced on Tuesday that it will be an official sponsor of the US Major League Baseball World Tour Seoul Series...

Naver to unveil world’s first web platform-enabled robotics OS

Naver to unveil world’s first web platform-enabled robotics OS

South Korea’s online giant Naver Corp. is set to make inroads into the global robotics operating system market by unveiling the world’s ...

BMW unveils PHEV sedan New 530e in S.Korea

BMW unveils PHEV sedan New 530e in S.Korea

BMW Korea announced on Tuesday that it unveiled the plug-in hybrid (PHEV) sedan model The New 530e in the domestic market. According to BMW Kor...

Samsung’s Family Hub Plus gets UL certification

Samsung’s Family Hub Plus gets UL certification

Samsung Electronics Co. said on Tuesday that its 2024 Bespoke Refrigerator with Family Hub Plus has achieved the Diamond grade in an Internet of Thi...

S.Korea’s GNI per capita rebounds in 2023 as won stabilizes

S.Korea’s GNI per capita rebounds in 2023 as won stabilizes

South Korea’s gross national income (GNI) per capita rebounded last year as the won currency stabilized amid signs of a recovery in exports fr...

Samsung’s Odyssey Neo G9 redefines gaming monitors

Samsung’s Odyssey Neo G9 redefines gaming monitors

Samsung Electronics Co. is redefining the scope of gaming monitors with its latest model, the Odyssey Neo G9, which the South Korean tech giant says...

HD KSOE reaches 50% of order target in two months

HD KSOE reaches 50% of order target in two months

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Monday that it signed shipbuilding contr...

Hana Bank issues Hana Certification in 16 languages

Hana Bank issues Hana Certification in 16 languages

South Korea's Hana Bank announced on Monday that it launched the Hana Certificate service in 16 languages. The service is available through the...

Palliser Capital backs proxy fight with Samsung C&T

Palliser Capital backs proxy fight with Samsung C&T

Palliser Capital, a London-based hedge fund, said on Sunday it will vote in favor of other activist shareholders’ proposals for Samsung C&...

S.Koreans watch YouTube over 40 hours a month

S.Koreans watch YouTube over 40 hours a month

South Koreans spend more than 40 hours per month on YouTube, according to the study on Monday.Wiseapp·Retail·Goods, the domestic appli...

Hyundai’s IONIQ 6: Most efficient electric vehicle in US

Hyundai’s IONIQ 6: Most efficient electric vehicle in US

Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the most energy-efficient vehicle in the US, further driving the South Korean automaker&rs...

No end in sight to Audi’s downfall in South Korea

No end in sight to Audi’s downfall in South Korea

Audi AG, once considered one of the top three German premium auto brands in South Korea, seems to have lost its charm among Korean consumers. Its sh...

POSCO Future M to import natural graphite from Africa

POSCO Future M to import natural graphite from Africa

South Korea’s only anode materials producer POSCO Future M Co. will import a maximum 60,000 tons of natural graphite products from Balama Grap...

NPS to invest up to $8.2 bn in undervalued Korean stocks

NPS to invest up to $8.2 bn in undervalued Korean stocks

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is expected to invest up to 11 trillion won ($8.2 ...

Meta’s AI, XR push to gain speed with Korea’s support

Meta’s AI, XR push to gain speed with Korea’s support

South Korea is backing Mark Zuckerberg, founder and chief executive officer of Meta Platforms Inc., in the Facebook operator’s artificial inte...

KTO, Orange Square to promote tourism for Japanese

KTO, Orange Square to promote tourism for Japanese

The Korea Tourism Organization (KTO) and South Korea's Orange Square signed a business agreement on Thursday to encourage more spending by Japanese ...

Wanted Lab, Digital Hearts to support S.Korean, Japanese startups

Wanted Lab, Digital Hearts to support S.Korean, Japanese startups

South Korea’s human resources (HR) management tech company Wanted Lab Inc. announced on Thursday that it has signed a memorandum of understand...

Hana Micron to develop 2.5D packaging for Nvidia’s H100 AI chip: CEO

Hana Micron to develop 2.5D packaging for Nvidia’s H100 AI chip: CEO

With burgeoning demand for high-performance artificial intelligence chips, back-end process technology, which assembles various semiconductors and t...

S.Korea's Upstage to develop on-device AI Office

S.Korea's Upstage to develop on-device AI Office

South Korea's artificial intelligence (AI) startup Upstage announced on Thursday that it will co-develop and commercialize On-device AI Office with ...

S.Korean ramyun exports increase by 40% in January

S.Korean ramyun exports increase by 40% in January

South Korea's ramyun(instant noodles) exports increased 39.4% year-over-year to $86 million in January, according to the Korea Customs Service. Th...

Celltrion ships initial supply of Zymfentra to US

Celltrion ships initial supply of Zymfentra to US

South Korea's Celltrion Inc. announced on Wednesday that it shipped the first supply of its subcutaneous injection type of the autoimmune disease tr...

Mubadala ties up with Korea’s Woori for global investments

Mubadala ties up with Korea’s Woori for global investments

Mubadala Investment Co., Abu Dhabi’s sovereign wealth fund, has joined hands with Woori Financial Group, South Korea’s fourth-largest fi...

S.Korea’s fertility rate hits new world-record low in 2023

S.Korea’s fertility rate hits new world-record low in 2023

Trapped in a downward spiral, South Korea saw the country’s total fertility rate hit a new record low of 0.72, also again the world’s lo...

DevSisters, Krafton sign Cookie Run India publishing deal

DevSisters, Krafton sign Cookie Run India publishing deal

South Korean game developer DevSisters Corp. announced on Wednesday that it has signed a publishing agreement in India for the mobile game "Cookie R...

Tous Les Jours exceeds 60 stores in Indonesia

Tous Les Jours exceeds 60 stores in Indonesia

CJ Foodville, the food subsidiary of South Korea's CJ Group, announced on Wednesday that its bakery chain brand Tous Les Jours has opened a new st...

S.Korea’s fashion brand Time to debut at Paris Fashion Week

S.Korea’s fashion brand Time to debut at Paris Fashion Week

Time, South Korea’s best-selling women’s fashion brand which is owned by Handsome Corp., will participate in Paris Fashion Week fall/w...

SK Enmove, UK’s Iceotope to develop coolant for SK Telecom’s data center

SK Enmove, UK’s Iceotope to develop coolant for SK Telecom’s data center

South Korea’s lube oil maker SK Enmove Co. has partnered with UK-based precision liquid cooling system specialist Iceotope Technologies Ltd. t...

Samsung targets gene therapy sector through US investments

Samsung targets gene therapy sector through US investments

Samsung Group is targeting the gene therapy business through investments in US biotechnology companies as the leading South Korean conglomerate is s...

Samsung holds DRAM supremacy with its market share at 7-year high

Samsung holds DRAM supremacy with its market share at 7-year high

Samsung Electronics Co., the world’s largest memory chipmaker, saw its supremacy in the DRAM segment strengthen last year with its market shar...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot