Hyundai, Kia team up with 11 universities for vehicle electrification

Hyundai, Kia team up with 11 universities for vehicle electrification

South Korean auto giant Hyundai Motor Co. and its sister company Kia Corp. are joining forces with leading South Korean universities to pioneer adva...

Cellid applies for Phase 3 clinical trials in S.Korea for COVID-19 vaccine

Cellid applies for Phase 3 clinical trials in S.Korea for COVID-19 vaccine

South Korean bio-venture Cellid Co. announced on Tuesday that it has applied for the clinical Phase 3 trial of the COVID-19 Omicron variant-specific...

Hanwha Systems soon to install radar on S.Korea fighter jet

Hanwha Systems soon to install radar on S.Korea fighter jet

The active electronically scanned array (AESA) radar developed jointly by the Agency for Defense Development (ADD) and defense contractor Hanwha Sys...

Apple, Samsung in distinct cash management styles

Apple, Samsung in distinct cash management styles

The world’s two leading smartphone makers Apple Inc. and Samsung Electronics Co. employ different management strategies for their surplus mone...

InBody to release big data-based health management solutions

InBody to release big data-based health management solutions

South Korea's InBody Co., the global leader in analytic devices for body composition, is entering the health management solution field in 2023.Usi...

Hanwha Systems wins $34.5 mn CMS order from Philippine Navy

Hanwha Systems wins $34.5 mn CMS order from Philippine Navy

South Korea's Hanwha Systems Co. revealed on Friday its bid to provide its domestically developed combat management system (CMS) to six 2,400-t...

POSCO's steel H-beam gets highest certification for seismic resistance

POSCO's steel H-beam gets highest certification for seismic resistance

POS-H, an H-beam or steel beam made of rolled steel in the shape of the letter "H," of South Korean steelmaker POSCO’s premium brand of steel ...

Samsung SDS, Emro, US-based o9 Solutions to collaborate on SaaS

Samsung SDS, Emro, US-based o9 Solutions to collaborate on SaaS

South Korea's Samsung SDS Co. announced on Thursday that it has entered into strategic partnerships with o9 Solutions, a leading supply chain platfo...

S.Korea to launch 10 global innovation special zones by 2027

S.Korea to launch 10 global innovation special zones by 2027

South Korean government plans to create ten global innovation special zones by 2027, implementing a negative regulation system for the first time in...

Alternative investment forum ASK 2023 to kick off May 17 in Seoul

Alternative investment forum ASK 2023 to kick off May 17 in Seoul

South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...

Samsung unveils new Galaxy Watch OS with enhanced sleep management

Samsung unveils new Galaxy Watch OS with enhanced sleep management

Samsung Electronics Co. revealed on Thursday its new operating system, One UI Watch 5, for its Galaxy Watch series. The updated OS includes improved...

Defense, healthcare lure global funds in dull market

Defense, healthcare lure global funds in dull market

Defense, healthcare and semiconductor materials companies have been the main investment targets of global funds such as Fidelity and Morgan Stanley ...

Hyosung’s sibling feud continues with second son in court on trial

Hyosung’s sibling feud continues with second son in court on trial

It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moon on charges of embe...

S.Korea, US agree on simplified EV charger export procedure

S.Korea, US agree on simplified EV charger export procedure

South Korean companies looking to export electric vehicle chargers to the United States can now receive local certification more conveniently within...

Korea’s GEPS to begin investing in global buyout, growth funds

Korea’s GEPS to begin investing in global buyout, growth funds

South Korea’s Government Employees Pension Service (GEPS) is set to inject 100 billion won ($74.7 million) to make its first investments in gl...

S.Korea, UL Solutions sign agreement for supporting domestic startups

S.Korea, UL Solutions sign agreement for supporting domestic startups

The South Korean Ministry of SMEs and Startups announced on Thursday that it has signed a business agreement with global certification agency UL Sol...

Webcash launches AI accounting solution Wabooks in Vietnam

Webcash launches AI accounting solution Wabooks in Vietnam

South Korea's Webcash Co. Group announced on Tuesday that it recently launched Wabooks, a Vietnamese version of the AI-powered accounting solution...

Samsung Life buys 20% of French asset manager Meridiam

Samsung Life buys 20% of French asset manager Meridiam

Samsung Life Insurance, managing 223.1 trillion won ($167.5 billion) in assets, has acquired a 20% stake in Paris-based infrastructure investment fi...

LG Elec gets open-source software security certification

LG Elec gets open-source software security certification

South Korean electronics giant LG Electronics Inc. announced on Friday that it has been recognized as a company that complies with the "Internationa...

Kolmar BNH gets approval for health functional food ingredient in US

Kolmar BNH gets approval for health functional food ingredient in US

Kolmar BNH Co. has received approval from the US Food and Drug Administration (FDA) for a domestically developed health functional food ingredient.K...

LG Electronics supports ESG certification for overseas suppliers

LG Electronics supports ESG certification for overseas suppliers

LG Electronics Inc. is accelerating its support for enhancing the environmental, social and governance (ESG) capabilities of domestic and overseas p...

Korail wins $13 million consulting project for Philippines' railway

Korail wins $13 million consulting project for Philippines' railway

South Korea's state-run railway company Korea Railroad Corporation (Korail), announced on Monday that it has secured a consulting contract to manage...

Doosan Robotics launches collaborative robot dedicated to F&B

Doosan Robotics launches collaborative robot dedicated to F&B

Doosan Robotics, a robot solution subsidiary of South Korea's Doosan Group, announced on Monday the release of its E series collaborative robot, des...

S.Korea’s first-generation bio companies set up support fund for new ventures

S.Korea’s first-generation bio companies set up support fund for new ventures

South Korea's first-generation bio companies and Industrial Bank of Korea (IBK) have created a bio investment fund to support ventures in the field ...

LG shares soar as UK asset manager Silchester raises stake

LG shares soar as UK asset manager Silchester raises stake

LG Corp., the holding firm of South Korea’s fourth-largest conglomerate LG Group, saw its share price soar in the local market on Wednesday as...

Samsung's Neo QLED 8K wins critical acclaim in US, UK

Samsung's Neo QLED 8K wins critical acclaim in US, UK

Samsung Electronics Co. announced on Sunday that its recently released the 2023 Neo QLED TV has received high praise from major professional media...

S. Korean food company Ottogi opens new research center

S. Korean food company Ottogi opens new research center

South Korean food company Ottogi Co. has announced on Friday the opening of the food safety science research institute at its Ottogi Research Center...

S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests

S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests

Rebellions Inc., a South Korean artificial intelligence chip design startup, beat global chip giants Qualcomm Technologies Inc. and Nvidia Corp. in ...

S.Korea to allow actual construction of hydrogen-powered ship

S.Korea to allow actual construction of hydrogen-powered ship

South Korea's the Ministry of Oceans and Fisheries announced on Wednesday that it has established "tentative standards for ship hydrogen fuel cell e...

Macquarie to buy Lotte’s S.Korean transportation card unit

Macquarie to buy Lotte’s S.Korean transportation card unit

Macquarie Asset Management, part of Australian investment bank Macquarie Group, is set to buy Loca Mobility Corp., Lotte Card Co.’s subsidiary...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale