Samsung to invest $221 mn to build R&D chip line in Japan: Nikkei

Samsung to invest $221 mn to build R&D chip line in Japan: Nikkei

Samsung Electronics Co. will build a prototype chip production facility in Japan for 30 billion yen ($221 million) to develop next-generation back-e...

S.Korea’s Dongdaemun fashion district shows revival post-COVID-19

S.Korea’s Dongdaemun fashion district shows revival post-COVID-19

Doosan Tower, the most visible shopping mall in the Dongdaemun fashion market, is finally making a comeback. The number of foreign visitors seeking ...

CJ Olive Young targets Japanese sun care products market

CJ Olive Young targets Japanese sun care products market

Round A'round, South Korea's top beauty chain CJ Olive Young's own cosmetic brand, announced on Thursday that its popular sun care item "Greentea Ci...

Mirae Asset Securities joins Singapore Exchange's trading membership

Mirae Asset Securities joins Singapore Exchange's trading membership

South Korea's Mirae Asset Securities has made history as the first Korean financial investment firm to join the Singapore Exchange's (SGX) trading...

KITA hosts K-Product Trade Show & G-Fair in Tokyo

KITA hosts K-Product Trade Show & G-Fair in Tokyo

The Korea International Trade Association (KITA) announced on Wednesday the opening of the "2023 K-Product Trade Show & G-Fair in Tokyo" at the ...

Kolon Industries to increase aramid pulp production for EVs

Kolon Industries to increase aramid pulp production for EVs

Kolon Industries Inc., a leading industrial materials maker in South Korea, said on Wednesday it will inject 22 billion won ($16.6 million) to expan...

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...

LS Cable consortium wins $1.5 billion cable deal from the Netherlands

LS Cable consortium wins $1.5 billion cable deal from the Netherlands

A three-party consortium including South Korea’s LS Cable & System Ltd. has won a 2 trillion won ($1.5 billion) deal to build high-voltage...

Hanyang, Linde to inject $800 mn for hydrogen cluster in Korea

Hanyang, Linde to inject $800 mn for hydrogen cluster in Korea

Hanyang Corporation Ltd., a South Korean construction firm, will join forces with German industrial gases and engineering company Linde AG to create...

SK Innovation’s battery sales at record high, production yield improved

SK Innovation’s battery sales at record high, production yield improved

SK Innovation Co. said on Thursday its battery affiliate SK On Co. posted record quarterly sales following a facility ramp-up in the US to meet risi...

Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines

Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines

South Korea's automotive internet sales company Hyundai AutoEver and electrical equipment and automation specialist LS Electric Co. have adopted Ieu...

POSCO Holdings to produce nickel in Indonesia

POSCO Holdings to produce nickel in Indonesia

POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, will directly produce nickel, a key material for sec...

Gucci picks Korean royal palace for 2024 collection

Gucci picks Korean royal palace for 2024 collection

Seoul is emerging as a new venue for global luxury brands’ fight for pride, with Louis Vuitton and Gucci set to unveil their new fashion colle...

BIND wins D.Camp startup pitch race in April, co-sponsored by CJ

BIND wins D.Camp startup pitch race in April, co-sponsored by CJ

BIND Corp. was chosen by investors as the best of the best for its online fashion platform for middle-aged men during South Korea’s major star...

Chinese weak domestic demand causes S.Korean trade deficit: report

Chinese weak domestic demand causes S.Korean trade deficit: report

The Korea International Trade Association (KITA) has urged South Korea to develop a strategy to strengthen exports to China based on its market situ...

S.Korea’s Musinsa, Disney to collaborate character products

S.Korea’s Musinsa, Disney to collaborate character products

South Korea’s online fashion platform Musinsa has partnered with the Walt Disney Company Korea, a Korean unit of the global entertainment...

S.Korea’s SoluM joins Vietnam's largest EV charging project

S.Korea’s SoluM joins Vietnam's largest EV charging project

SoluM Co., a South Korean mid-sized electronic component maker, said on Wednesday that it signed an agreement with PetroVietnam Power Corporation, a...

SK Hynix expects second-half market recovery after record Q1 loss

SK Hynix expects second-half market recovery after record Q1 loss

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...

Bionote, Covetrus sign distribution agreement diagnostic products for animals

Bionote, Covetrus sign distribution agreement diagnostic products for animals

BioNote, South Korean developer of diagnostic reagents for animals, announced on Tuesday that it has signed a supply contract with Covetrus, a US-ba...

CG Bio establishes US corporation to develop tissue products

CG Bio establishes US corporation to develop tissue products

South Korean bio-regenerative medical firm CG Bio has launched a new US corporation CG MedTech, to focus on the development and marketing of tissue ...

KKR mulls investing $150 mn in Korean fashion platform Musinsa

KKR mulls investing $150 mn in Korean fashion platform Musinsa

Musinsa Co., South Korea’s leading online fashion platform, is in the final stage of attracting 200 billion won ($149.8 million) from US priva...

LG Elec to strengthen its direct-to-consumer sales strategy

LG Elec to strengthen its direct-to-consumer sales strategy

South Korea's LG Electronics Inc. is strengthening its direct-to-consumer (D2C) strategy and expanding its lineup of low- to mid-priced products to ...

POSCO Future M to inject $461 mn to bulk up cathode production

POSCO Future M to inject $461 mn to bulk up cathode production

POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., said on Monday it has decided to invest 614.8 billion won ($460.5 millio...

Korean E-Land unites fast fashion units for China biz growth

Korean E-Land unites fast fashion units for China biz growth

South Korea’s major retailer E-Land Group has consolidated one of its fast fashion brand's operations at home and in China to accelerate growt...

Samsung Display to use waste glass in cement to erect new HQ

Samsung Display to use waste glass in cement to erect new HQ

South Korea's Samsung Display will use recycled cement using waste glass from the display production process to build a new headquarters.The company...

Russian fresh pollock imported for first time at Donghae Port

Russian fresh pollock imported for first time at Donghae Port

As Korean cod, which had been considered everyone's fish, has virtually disappeared, Russian fresh  pollock has finally become available to Kor...

Lotte Biologics invests in S.Korean bio-venture Pinotbio

Lotte Biologics invests in S.Korean bio-venture Pinotbio

South Korea’s Lotte Biologics Co. said on Friday that it has made an equity investment in Pinotbio, Inc. for the development of antibody-drug ...

CJ OliveNetworks opens S.Korea's first logistics center with 5G

CJ OliveNetworks opens S.Korea's first logistics center with 5G

South Korea's digital service company CJ OliveNetworks on Thursday said it set up the mobile communications network "Ieum 5G" exclusively for busine...

LG Chairman to refine strategy for EV battery production

LG Chairman to refine strategy for EV battery production

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, visited a cathode plant on Monday to review supply chains for the batt...

S.Korean fashion company LF relaunches 1990s-popular line Tipicosi

S.Korean fashion company LF relaunches 1990s-popular line Tipicosi

Tipicosi, a South Korean fashion brand popular in the 1990s, has seen a resurrection thanks to the domestic craze for "newtro," a trend combining th...

At home, K-convenience stores battle stagnation; abroad they are powerful food ambassador Deal graveyard: S.Korean F&B franchises left without takers LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries KPop Demon Hunters OST lands at No.6 on Billboard Hot 100 K-beauty craze sends Olive Young online sales to new heights