LG Chem aims higher for battery materials with diverse portfolio

LG Chem aims higher for battery materials with diverse portfolio

South Korea’s LG Chem Ltd. on Tuesday revised up its 2030 sales goal for battery materials by 45% after it delivered stronger-than-expected re...

Hyundai Rotem's hydrogen fuel cell tram wins iF Design Award

Hyundai Rotem's hydrogen fuel cell tram wins iF Design Award

Hyundai Rotem is South Korea's first rail company to win a global design award, with its hydrogen fuel cell tram claiming the main prize in the pr...

S.Korea to launch first cyber office for small, medium businesses

S.Korea to launch first cyber office for small, medium businesses

South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...

Cuchen links rice cookers to Samsung Electronics’ IoT

Cuchen links rice cookers to Samsung Electronics’ IoT

South Korea’s kitchen appliance maker Cuchen on Monday said it will link two rice cookers possessing Internet of Things (IoT) technology to Sa...

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucl...

Kolon Industries to expand high-value specialty petroleum products plant

Kolon Industries to expand high-value specialty petroleum products plant

Kolon Industries Inc., a leading industrial materials maker in South Korea, announced on Monday that it will invest 24 billion won ($17.94 million) ...

POSCO International to set up EV parts factory in Poland

POSCO International to set up EV parts factory in Poland

POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., plans to build an elect...

Samsung’s new Bespoke line: It's time of reckoning for device chief

Samsung’s new Bespoke line: It's time of reckoning for device chief

Han Jong-hee, Samsung Electronics Co.'s vice chairman, has been in charge of the South Korean tech giant’s digital experience or DX division, ...

S.Korea's brokerages lower stock target prices for Shinsegae Int'l

S.Korea's brokerages lower stock target prices for Shinsegae Int'l

South Korea's securities companies on Thursday lowered their target stock prices for retailer Shinsegae International given its sluggish first-quart...

S.Korea in March posts first current account surplus in 3 months

S.Korea in March posts first current account surplus in 3 months

South Korea in March posted a current account surplus for the first time this year thanks to a surge in the dividend account that offset continuous ...

Canada's leading coffee brand Tim Hortons to enter S.Korea

Canada's leading coffee brand Tim Hortons to enter S.Korea

Canada's No. 1 coffee chain Tim Hortons unveiled plans on Wednesday to enter South Korea, announcing its intention to open its first flagship store ...

Hyundai Motor, Kia to receive 25% tax credit for EV plant spending

Hyundai Motor, Kia to receive 25% tax credit for EV plant spending

ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its planned investment in a...

S.Korea's game companies wage intense war in MMORPG sector

S.Korea's game companies wage intense war in MMORPG sector

South Korea's massively multiplayer online role-playing games (MMORPG), a mainstream genre in domestic games, is showing signs of an increasingly he...

S.Korean gov't proposes nuclear power plant cooperation to Hungary

S.Korean gov't proposes nuclear power plant cooperation to Hungary

South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...

WeMade discusses first console game with Microsoft

WeMade discusses first console game with Microsoft

South Korea's video game developer WeMade Co. on Monday said it is discussing cooperation with Microsoft in areas like WeMade's release of a console...

SK Ecoplant to build waste EV battery recycling plant in China

SK Ecoplant to build waste EV battery recycling plant in China

South Korea's SK Ecoplant Co. will build a recycling facility for electric vehicle (EV) waste batteries in the eastern Chinese province of Jiangsu, ...

BTS 10th anniversary stamps to be issued on June 13

BTS 10th anniversary stamps to be issued on June 13

South Korea's state-run postal service agency Korea Post announced on Sunday that it will issue commemorative stamps on June 13, featuring the past ...

NuScale to build Korea’s first SMR in Uljin, home to native Korean reactors

NuScale to build Korea’s first SMR in Uljin, home to native Korean reactors

NuScale Power Corp. is expected to build its first small modular reactor (SMR) plant in South Korea in Uljin, already home to Korean native nuclear ...

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...

LG Energy Solution drops to third on global market for EV battery in Q1

LG Energy Solution drops to third on global market for EV battery in Q1

South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...

Seoul advised to prepare exit plans for real estate funds

Seoul advised to prepare exit plans for real estate funds

Global real estate investment funds managed by South Korean financial services firms have swelled by more than 14 times to 72 trillion won ($5.4 bil...

S.Korea, US advised to cooperate in advanced nuclear power plant

S.Korea, US advised to cooperate in advanced nuclear power plant

Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured about 80% of the glo...

HD KSOE declares carbon neutrality in first for S.Korea's shipbuilders

HD KSOE declares carbon neutrality in first for S.Korea's shipbuilders

South Korea's HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding holding company of HD Hyundai Co., is the first in domest...

POSCO, Huayou to expand ties for battery precursors

POSCO, Huayou to expand ties for battery precursors

POSCO Future M Co., formerly known as POSCO Chemical Co., on Wednesday signed a preliminary agreement with China’s Zhejiang Huayou Cobalt Co. ...

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...

Merck to build biopharma raw material plant in Korea

Merck to build biopharma raw material plant in Korea

Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...

SK Geo Centric, Loop to set up plastic recycling plant in Korea

SK Geo Centric, Loop to set up plastic recycling plant in Korea

SK Geo Centric Co., a petrochemical unit within South Korean conglomerate SK Group, said on Wednesday it will set up a joint venture with a Nasdaq-l...

Daewoong Pharma to build third botulinum toxin plant for $746 mn

Daewoong Pharma to build third botulinum toxin plant for $746 mn

South Korea’s Daewoong Pharmaceutical next year will open a third plant to greatly expand annual output of its botulinum toxin Nabota at a cos...

KT launches two new AI serving robots

KT launches two new AI serving robots

South Korea's KT Corp., said on Tuesday that it has unveiled two new AI service robots with upgraded features for enhanced driving stability and w...

LS Cable completes undersea HVDC cable plant

LS Cable completes undersea HVDC cable plant

South Korea’s major cable manufacturer LS Cable & System Ltd. has completed the construction of Asia's largest high-voltage direct curre...

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