Kolon Global secures patent for Kankan Smart Space technology

Kolon Global secures patent for Kankan Smart Space technology

South Korea's construction engineering company Kolon Global Corp. said on Monday that it has obtained a technology patent for the multi-purpose syst...

Hanwha, LG Energy team up for US battery production

Hanwha, LG Energy team up for US battery production

South Korea’s Hanwha Group will invest in LG Energy Solution Ltd.'s battery production lines for energy storage systems (ESS) in the US, some ...

S.Korea's SKC Solmics changes name to SK Enpulse

S.Korea's SKC Solmics changes name to SK Enpulse

South Korea's SKC Solmics, a wholly owned fine ceramics subsidiary of SKC, on Sunday said it changed its name to SK Enpulse.With 100% investment fro...

LG Energy, Honda to build $4.4 billion battery plant in Ohio

LG Energy, Honda to build $4.4 billion battery plant in Ohio

LG Energy Solution Ltd. and Honda Motor Co. have launched their first US joint venture to build an electric vehicle battery plant in Ohio, LG said o...

Korean grocery delivery platform Oasis set for February IPO

Korean grocery delivery platform Oasis set for February IPO

South Korean grocery delivery platform Oasis Corp. aims to raise up to $166 million through a listing next month, becoming the country’s first...

SK Energy teams up with state-run power supplier for EV charging station

SK Energy teams up with state-run power supplier for EV charging station

SK Energy, a major South Korean oil refiner, teamed up with Korea Hydro & Nuclear Power Co. (KHNP) to install electric vehicle (EV) and hydrogen...

K-chicken chain Kyochon signs MOU with Taiwanese food conglomerate

K-chicken chain Kyochon signs MOU with Taiwanese food conglomerate

Kyochon F&B, the company operating Kyochon Chicken, said on Friday that it has signed a memorandum of understanding for a master franchise agree...

Hanwha Systems opens UAE branch as core base for Mideast exports

Hanwha Systems opens UAE branch as core base for Mideast exports

South Korea's Hanwha Systems Co. on Thursday opened a branch office in Abu Dubai, the United Arab Emirates in the wake of the company's business gro...

KAI aims to become world's No. 7 aerospace company by 2050

KAI aims to become world's No. 7 aerospace company by 2050

Korea Aerospace Industries Ltd. (KAI) seeks to become the world's No. 7 aerospace company by 2050, aiming to rival the likes of global defense giant...

Foreigners turn net buyers of Korean stocks as China reopens borders

Foreigners turn net buyers of Korean stocks as China reopens borders

South Korean stocks are gaining momentum at the beginning of the new year as foreigners have turned net buyers on expectations of China's border reo...

Webtoon company YLAB files preliminary listing review for Kosdaq

Webtoon company YLAB files preliminary listing review for Kosdaq

YLAB, a South Korean content company specializing in the production, distribution, and translation of webtoons, is moving to go public this year.Acc...

Prestige Biopharma attains patent for solid cancer treatment antibody

Prestige Biopharma attains patent for solid cancer treatment antibody

Prestige Biopharma Korea said on Tuesday that it has obtained a domestic patent for the CTHRC1 neutralizing antibody of the drug candidate PBP1710. ...

Hanwha to build largest US solar energy hub for $2.5 bn

Hanwha to build largest US solar energy hub for $2.5 bn

South Korea’s Hanwha Solutions Corp. said on Wednesday that it will invest 3.2 trillion won ($2.5 billion) to build the largest solar energy p...

SK Telecom, Nokia demonstrate Korea's first open RAN base station

SK Telecom, Nokia demonstrate Korea's first open RAN base station

SK Telecom Co. said on Tuesday that it verified jointly with Nokia the stable 5G speed and coverage performance in a field test by installing a clou...

Osstem Implant to supply 490,000 sets to Chinese government

Osstem Implant to supply 490,000 sets to Chinese government

Osstem Implant Co. said on Wednesday that it has won more than 490,000 sets of implants in a bid for dental implants put up by the Chinese governmen...

Dong Yang Steel Pipe signs contract with Japanese EPC company

Dong Yang Steel Pipe signs contract with Japanese EPC company

DongYangSteelPipe, a steel pipe unit of KBI Group, said on Tuesday that it had signed on the previous day an agreement with a Japanese EPC (engineer...

Hancom Frontis to develop AI digital human, 3D scanning project

Hancom Frontis to develop AI digital human, 3D scanning project

Hancom Frontis, a Hancom Group company specializing in the metaverse, said on Tuesday that it has signed a three-way agreement with the Tech Univers...

Nexon teams up with 'Parasite' film production company Barunson E&A

Nexon teams up with 'Parasite' film production company Barunson E&A

Nexon, one of South Korea's top three game giants, on Tuesday said it signed a strategic memorandum of understanding with Barunson Entertainment &am...

Celltrion Healthcare lands biosimilar deal in Brazil for 2nd straight year

Celltrion Healthcare lands biosimilar deal in Brazil for 2nd straight year

South Korea's Celltrion Healthcare Co. on Tuesday said that for the second straight year, it landed an order for infliximab, an antibody used to tre...

Korean steelmakers accuse Japanese rivals of product dumping

Korean steelmakers accuse Japanese rivals of product dumping

As Japanese hot-rolled steel plates have flooded into South Korea at even lower prices than those from China, Korean steel manufacturers are consi...

Profitable Korean startups attract funds despite downturn

Profitable Korean startups attract funds despite downturn

Profitable South Korean startups succeeded in fundraising despite an economic downturn as investors sought stable earnings from companies with clear...

Cosmax shows off advanced beauty tech at CES with Seoul Nat'l Univ.

Cosmax shows off advanced beauty tech at CES with Seoul Nat'l Univ.

Cosmax, a cosmetics original design manufacturer (ODM) of South Korea, said on Tuesday that it unveiled the beauty technology developed jointly ...

South Korea develops 1,000 super gap startups

South Korea develops 1,000 super gap startups

The Ministry of SMEs and Startups on Monday said it would release the next day its plan for the so-called 2023 Super-gap Startup 1,000+ Project in w...

Ford in talks with LG Energy for Turkey EV battery plant

Ford in talks with LG Energy for Turkey EV battery plant

Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...

LG Energy posts largest-ever profit led by US JV with GM

LG Energy posts largest-ever profit led by US JV with GM

South Korean battery maker LG Energy Solution Ltd. posted its largest-ever profit in 2022, driven by strong sales after its US joint venture with Ge...

SK Geo Centric signs MOU with Plastic Energy for plastic recycling plant

SK Geo Centric signs MOU with Plastic Energy for plastic recycling plant

SK Geo Centric, a subsidiary of South Korea's top refiner SK Innovation Co., will join hands with a global company to build a super-large waste plas...

Korean startup Lemonbase attracts $5.6 mn Series A funding

Korean startup Lemonbase attracts $5.6 mn Series A funding

Lemonbase, a South Korean developer and operator of performance management software as a service (Saas), raised 7 billion won ($5.6 million) in Seri...

Broadcom to give Samsung warranties to avoid Korea penalties

Broadcom to give Samsung warranties to avoid Korea penalties

US chipmaker Broadcom Inc. agreed to provide three-year warranties and technical support for components equipped in products such as smart devices o...

Celltrion develops oral antibody drug with US bio company

Celltrion develops oral antibody drug with US bio company

South Korea's biopharmaceutical company Celltrion Inc. on Monday said it signed an R&D contract with US-based Rani Therapeutics on RT-111, an or...

Global VCs urge S.Korea to train lawyers on int'l contracts

Global VCs urge S.Korea to train lawyers on int'l contracts

Brad McManus, investment director of the Silicon Valley-based venture capital (VC) fund Applied Ventures LLC, said his company will discuss investme...

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 Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race