S.Korea's SK Chemicals launches recycled fiber fabrics

S.Korea's SK Chemicals launches recycled fiber fabrics

South Korea's SK Chemicals has launched recycled fiber fabrics developed jointly with Art Impact and Project 1907, eco-friendly social enterprises, ...

CJ CheilJedang signs ESG agreement with Jincheon County in Korea

CJ CheilJedang signs ESG agreement with Jincheon County in Korea

South Korea's largest food company CJ CheilJedang Corp. announced on Monday that it has signed a business agreement with Jincheon County in North Ch...

S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

South Korea's Riiid, an artificial intelligence (AI)-based provider of educational solutions, on Monday said it has launched R.test, an AI diagnosti...

S.Korea's microneedle maker Raphas to enter US market

S.Korea's microneedle maker Raphas to enter US market

South Korea's microneedle maker Raphas Co. is expediting its entry into the American pharmaceutical market after entering the country's cosmetics se...

GM's SUV Trax Crossover gets 6,000 preorders in 3 days

GM's SUV Trax Crossover gets 6,000 preorders in 3 days

The Chevrolet Trax Crossover, a utility vehicle mass produced by General Motors Korea, is soon expected to exceed 10,000 preorders amid greater-than...

SK Energy wins first place in K-BPI gas station sector in Korea

SK Energy wins first place in K-BPI gas station sector in Korea

SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...

Korea's Hyundai E&C, KHNP to promote clean hydrogen projects

Korea's Hyundai E&C, KHNP to promote clean hydrogen projects

Hyundai Engineering & Construction Co., a major construction contractor in South Korea, signed on March 24 a memorandum of understanding (MOU) w...

Korea’s LG Elec, POSCO Future M receive GM supplier awards

Korea’s LG Elec, POSCO Future M receive GM supplier awards

South Korea’s LG Electronics Inc. and POSCO Future M said on Sunday that they won annual supplier awards from US top automaker General Motors ...

Korean research team develops AI chip to cut power use

Korean research team develops AI chip to cut power use

South Korean scientists have developed a chip that needs less electricity for advanced efficiency and data processing to help the country’s se...

S.Korea to benefit from rising global defense spending

S.Korea to benefit from rising global defense spending

South Korea is expected to log another year of record defense exports in 2023 thanks to growing military budgets across the world as local major arm...

S.Korea's Amorepacific opens new space in metaverse

S.Korea's Amorepacific opens new space in metaverse

Amidst the accelerated entry of fashion and beauty brands into the metaverse to seize future opportunities, Amorepacific Corp. has also joined the b...

KT Cloud, DigitalBridge join hands for data center biz in Korea

KT Cloud, DigitalBridge join hands for data center biz in Korea

KT Cloud Co., the cloud computing unit under South Korea’s second-largest mobile carrier KT Corp., and US infrastructure investment firm Digit...

Korea's CJ Freshway promotes waste cooking oil recycling

Korea's CJ Freshway promotes waste cooking oil recycling

CJ Freshway, a South Korean food distributor and food service company, announced on Friday that it has partnered with S&D Company, the operator ...

Hyundai launches 2023 season of HMG Driving Experience Center

Hyundai launches 2023 season of HMG Driving Experience Center

Hyundai Motor Group announced the commencement of the 2023 season for its HMG Driving Experience Center, which is the largest of its kind in South K...

US affiliate of Korea's cell therapy company NK Max eyes NYSE listing in 3Q

US affiliate of Korea's cell therapy company NK Max eyes NYSE listing in 3Q

NKGen Biotech, the US affiliate of South Korea's natural killer (NK) cell therapy developer NK Max, on Friday said it signed a letter of intent (LOI) ...

S.Korea's household assets rise to record high in 2022

S.Korea's household assets rise to record high in 2022

Average household net assets in South Korea in 2022 increased 10% to a record 456 million won ($350,000) from a year earlier, while it took longer...

S.Korean crypto fugitive Do Kwon arrested in Montenegro

S.Korean crypto fugitive Do Kwon arrested in Montenegro

The fugitive South Korean cryptocurrency mogul Do Kwon, responsible for the more-than-$40 billion crash in the global virtual currency market last y...

S.Korea's Hancom to apply ChatGPT to Hancom Docs

S.Korea's Hancom to apply ChatGPT to Hancom Docs

South Korea's office software developer Hancom Inc. will apply ChatGPT, a generative artificial intelligence (AI) service that allows users to reque...

HD Hyundai, Korea Univ. open internship to develop future talent

HD Hyundai, Korea Univ. open internship to develop future talent

South Korea's HD Hyundai Co. and Korea University will jointly develop next-generation personnel to lead core business lines of the future.Chung Ki-...

S.Korea's ST Pharm supplies $49 mn worth of APIs to European drug firm

S.Korea's ST Pharm supplies $49 mn worth of APIs to European drug firm

ST Pharm Co., a South Korean pharmaceutical firm, announced on Thursday that it had entered into an agreement to supply oligonucleotides to an undis...

S.Korea's CGBio exports $8 mn filler to Australia, New Zealand

S.Korea's CGBio exports $8 mn filler to Australia, New Zealand

CGBio, a South Korean bio-regenerative medical company, announced on Thursday that it has signed a contract to export its hyaluronic acid (HA) fille...

SK On, EcoPro, China’s GEM to jointly build precursor factory

SK On, EcoPro, China’s GEM to jointly build precursor factory

South Korea’s electric vehicle (EV) battery major SK On Co. will build a precursor plant at home with a Korean partner, EcoPro Co., and China'...

Hanwha gets nod on DSME deal from most countries, but not Korea

Hanwha gets nod on DSME deal from most countries, but not Korea

South Korea’s leading defense maker Hanwha Group has obtained approval for its acquisition of Daewoo Shipbuilding & Marine Engineering Co....

Brokerage firms in S.Korea log sharp falls in 2022 earnings

Brokerage firms in S.Korea log sharp falls in 2022 earnings

Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...

South Korea’s births fall to record low in January

South Korea’s births fall to record low in January

South Korea’s births fell to a fresh low in January, while the number of deaths reached its record high, statistics data shows, signaling an a...

Korea's Kolon Group takes first step successfully in space launch vehicle biz

Korea's Kolon Group takes first step successfully in space launch vehicle biz

South Korea's Kolon Group announced on Wednesday that Kolon DACC Composite participated in the launch of the first private test launch vehicle in Ko...

KT, Amano Korea join hands to develop smart parking solutions

KT, Amano Korea join hands to develop smart parking solutions

South Korean telecom operator KT Corp. announced on Wednesday that it has signed a business agreement with parking control system specialist Amano K...

Samsung, SK Hynix look to China exit plans as growth stunted

Samsung, SK Hynix look to China exit plans as growth stunted

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are in quandary over their growth strategies in China fo...

Korea Western Power lands nation's first solar power order in Oman

Korea Western Power lands nation's first solar power order in Oman

Korea Western Power Co. (KOWEPO) has won its country's first project in solar power generation in Oman.The company on Tuesday announced its successf...

S.Korea's Oasis posts surplus for second straight year

S.Korea's Oasis posts surplus for second straight year

South Korea's Oasis Corp., a grocery delivery platform specializing in early morning shipments, on Tuesday said it posted last year operating profit...

S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club 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