LG Energy Solution eyes US market for ESS

LG Energy Solution eyes US market for ESS

South Korea's LG Energy Solution Ltd. is accelerating its entry into the rapidly growing US market for energy storage systems (ESS).The company on T...

Korean retailers boost Mongolia presence with new stores, products

Korean retailers boost Mongolia presence with new stores, products

South Korean retail giants are advancing into Mongolia where Korean food and daily necessities are gaining in popularity among local consumers. Big-...

Hyundai NEXO retains fuel cell EV leadership; Toyota Mirai follows fast

Hyundai NEXO retains fuel cell EV leadership; Toyota Mirai follows fast

South Korea’s top automaker Hyundai Motor Co. retained its leadership in the hydrogen fuel cell electric vehicle (FCEV) market in the January-...

KT&G to build new factory in Indonesia

KT&G to build new factory in Indonesia

South Korea's KT&G Corp. has received a commitment of active investment support from the Indonesian government for building a local new factory....

SKC to acquire 12% stake in US chip packaging startup Chipletz

SKC to acquire 12% stake in US chip packaging startup Chipletz

SKC Ltd., a South Korean chemical materials company, said on Monday it will take part in a series B round of investment in Chipletz, a US fabless su...

Avikus to launch system for self-driving leisure boats

Avikus to launch system for self-driving leisure boats

Avikus, the autonomous navigation solutions affiliate of South Korean conglomerate HD Hyundai Co., will launch New Boat Dock, a self-driving system ...

SK E&S signs PPA agreement with Iljin Group affiliates

SK E&S signs PPA agreement with Iljin Group affiliates

South Korea's SK E&S announced on Friday that it has entered into a direct power purchase agreement (PPA) with Iljin Global and Bearing Art, bot...

POSCO to lead Korea-Australia hydrogen, minerals partnership

POSCO to lead Korea-Australia hydrogen, minerals partnership

POSCO Group, South Korea’s largest steelmaker, will lead the country's efforts to cement a partnership with Australia in a broader range of ar...

Korea Inc. to focus more on India, Vietnam as biz partners

Korea Inc. to focus more on India, Vietnam as biz partners

South Korean companies are set to concentrate more on business with emerging markets including India and Vietnam than Asian major countries such as ...

LG seeks outside innovators' ideas on new growth drivers at Superstart Day    

LG seeks outside innovators' ideas on new growth drivers at Superstart Day    

LG Group, South Korea’s fourth-largest business group, is actively embracing collaboration with outside innovators to foster its new growth dr...

SK C&C, Yonsei Univ. to develop digital manufacturing experts

SK C&C, Yonsei Univ. to develop digital manufacturing experts

South Korea's digital solutions provider SK C&C will open a master’s degree program at Yonsei University in Seoul to develop experts in di...

Samsung Electronics avoids EU’s digital market regulations  

Samsung Electronics avoids EU’s digital market regulations  

Samsung Electronics Co. has steered clear of the European Union’s new set of regulations designed to rein in the dominance of Big Tech compani...

Aramco, PIF chief to meet key South Korean figures this week

Aramco, PIF chief to meet key South Korean figures this week

Yasir Othman Al-Rumayyan, chairman of the world’s top oil company Saudi Arabian Oil Co. (Aramco) and governor of the kingdom’s sovereign...

Yungjin Pharm's new drug candidate gets Fast Track from FDA

Yungjin Pharm's new drug candidate gets Fast Track from FDA

South Korea's Yungjin Pharm has secured Fast Track designation from the US Food and Drug Administration (FDA) for its new drug candidate KL1333, des...

SK Broadband launches hybrid quantum security service

SK Broadband launches hybrid quantum security service

South Korean internet service provider SK Broadband on Tuesday said it launched the country’s first dedicated line service that supports the o...

SK Enmove CEO sees future of lubricants in electric cars

SK Enmove CEO sees future of lubricants in electric cars

South Korea’s lubricating oil maker SK Enmove Co. is setting its sights on electric vehicle lubricants and liquid coolants for thermal managem...

Hana Bank to enter digital asset custody sector with BitGo

Hana Bank to enter digital asset custody sector with BitGo

South Korea's Hana Bank on Tuesday said it signed a strategic business agreement with BitGo, a Palo Alto, California-based global digital asset cust...

Celltrion to expand new plant for drug products

Celltrion to expand new plant for drug products

South Korean biopharmaceutical firm Celltrion Inc. announced on Tuesday that it plans to enlarge its finished pharmaceuticals manufacturing facility...

Samsung commits $3.7 mn to chipmaking education at UT Austin

Samsung commits $3.7 mn to chipmaking education at UT Austin

Samsung Electronics Co. has committed $3.7 million to University of Texas at Austin’s Cockrell School of Engineering to educate talent and boo...

Hanwha to showcase advanced weapons systems in Poland

Hanwha to showcase advanced weapons systems in Poland

South Korea’s Hanwha Group will unveil its advanced land, sea, air and space weapons systems this week at the International Defense Industry E...

HK inno.N releases K-Cab in Singapore

HK inno.N releases K-Cab in Singapore

South Korean bio-health company HK inno.N announced on Monday that it has released the new drug K-CAB for gastroesophageal reflux disease (GERD) in ...

Netmarble, Hana Financial team up for metaverse service

Netmarble, Hana Financial team up for metaverse service

South Korean game company Netmarble Corp. announced on Monday that it will partner with Hana Financial Group to develop new financial experiences an...

CJ ENM launches domestic fashion brand of Barneys New York

CJ ENM launches domestic fashion brand of Barneys New York

CJ ENM Co., South Korea’s entertainment and e-commerce giant, has launched the domestic fashion brand Barneys New York, a luxury department st...

Korea emerges as growth market, design hub for global brands

Korea emerges as growth market, design hub for global brands

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

Home & Shopping, Teleken signs business agreement

Home & Shopping, Teleken signs business agreement

South Korea's TV and online shopping operator Home & Shopping Co. announced on Friday that it has signed a business agreement with the Japanese ...

SK Telecom unveils analytics solution for UAM networks

SK Telecom unveils analytics solution for UAM networks

South Korea's SK Telecom Co. disclosed its cutting-edge analytics solution and simulator specifically geared for urban air mobility (UAM) commun...

Samsung Heavy to expand maritime business with CCS

Samsung Heavy to expand maritime business with CCS

South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has secured Approval In Principle from a Norwegian classification so...

SK On unveils new material to improve EV battery capacity

SK On unveils new material to improve EV battery capacity

SK On Co., the world’s fifth-largest electric vehicle cell maker, has unveiled a new material to improve its competitiveness in the solid-stat...

LG CNS to develop GenAI market with Google Cloud

LG CNS to develop GenAI market with Google Cloud

South Korea’s largest cloud computing service provider LG CNS has formed a generative artificial intelligence (GenAI) alliance with Google Clo...

Hyundai to invest $398 mn in Korea Zinc for battery materials

Hyundai to invest $398 mn in Korea Zinc for battery materials

Hyundai Motor Group, the global No. 3 automaker, is set to invest $398 million in Korea Zinc Inc., the world’s top lead and zinc smelter, for ...

Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP