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SK Hynix to halve investment after posting first quarterly loss in decade

SK Hynix to halve investment after posting first quarterly loss in decade

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly slash its investment for this year after p...

Foreigners net sell S.Korean bonds for first time in four years

Foreigners net sell S.Korean bonds for first time in four years

Foreign investors dumped South Korean bonds in Janaury, becoming net sellers of the securities for the first time in four years as they booked pro...

AI tech of Samsung Research recognized via machine translation award

AI tech of Samsung Research recognized via machine translation award

Samsung Research, the research and development (R&D) hub of Samsung Electronics Co., has proven its excellence in artificial intelligence-based ...

Gmarket reports rise of niche travelers in this year's first half

Gmarket reports rise of niche travelers in this year's first half

The full-scale resumption of overseas travel by people in South Korea has fueled the trend of "niche travelers" who travel abroad whenever they have...

Taihan Cable begins construction of optical cable plant in Kuwait

Taihan Cable begins construction of optical cable plant in Kuwait

Taihan Cable & Solution Co. said on Monday that it held a groundbreaking ceremony for its optical cable production unit Taihan Kuwait in the Mid...

Foreign airlines fill hole left by Korean carriers

Foreign airlines fill hole left by Korean carriers

Foreign carriers such as Delta Air Lines and Vietnam’s VietJet Air are rapidly increasing flights to and from South Korea, filling the hole le...

Samsung considers chip output cut as first-quarter loss looms large

Samsung considers chip output cut as first-quarter loss looms large

Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...

Aekyung Chemical develops first fertilizer coating resin with vegetable oil

Aekyung Chemical develops first fertilizer coating resin with vegetable oil

Aekyung Chemical on Friday said it has developed South Korea's first eco-friendly fertilizer coating resin using vegetable oil.Aekyung Chemical, a s...

Samkang M&T to supply offshore wind power substructure to Japan's NSE

Samkang M&T to supply offshore wind power substructure to Japan's NSE

Samkang M&T, a subsidiary of SK Ecoplant Co., has signed a contract to supply jacket foundations for offshore wind generators to a Japanese comp...

NHN Cloud joins ranks of unicorns with $120 mn funding

NHN Cloud joins ranks of unicorns with $120 mn funding

NHN Cloud Co., a computer clouding service provider, has raised 150 billion won ($120 million) from South Korea-based IMM Investment, joining the ra...

Air Busan to offer 4 daily flights on Busan-Osaka route

Air Busan to offer 4 daily flights on  Busan-Osaka route

Starting Feb. 1, South Korea's budget carrier Air Busan Co. will add a daily flight to its route linking the nation's biggest port city of Busan to ...

Take QR code instead of long password when connecting to Wi-Fi

Take QR code instead of long password when connecting to Wi-Fi

LG Uplus Corp. introduced a functionality that allows access to Wi-Fi through an Internet TV screen. This is intended to make it possible to connect...

Samsung Display unveils touch-enabled OLED laptop PC screen

Samsung Display unveils touch-enabled OLED laptop PC screen

A South Korean company has developed an OLED laptop PC display with a touch function like a smartphone screen without needing a separate film attach...

Hyundai Motor sells 1 mn electric vehicles worldwide

Hyundai Motor sells 1 mn electric vehicles worldwide

In 11 years since Hyundai Motor Group started selling electric vehicles (EVs), the cumulative sales volume of EVs in the global market has finally s...

Hyundai Movex wins order for Sydney subway screen doors

Hyundai Movex wins order for Sydney subway screen doors

Hyundai Movex, a Hyundai Group affiliate of South Korea, is moving to expand its overseas business in earnest with the opportunity to win an order t...

S.Korea's Paris Baguette opens first outlet in Malaysia

S.Korea's Paris Baguette opens first outlet in Malaysia

To SPC Group, which hopes to tide over difficulties in the domestic market facing sagging growth potential and troubles caused by a series of safety...

Doosan Enerbility acquires US design approval for metal nuclear cask

Doosan Enerbility acquires US design approval for metal nuclear cask

South Korea's energy equipment maker Doosan Enerbility Co. has obtained the green light in participating in the domestic nuclear storage cask market...

NGeneBio's diagnostic products start to be used in clinical tests in Vietnam

NGeneBio's diagnostic products start to be used in clinical tests in Vietnam

South Korea's medical diagnostics company NGeneBio Co. said on Wednesday that it is expanding its business in the Southeast Asian precision diagnost...

Ssangyong Motor swings to first quarterly profit in six years

Ssangyong Motor swings to first quarterly profit in six years

South Korea’s Ssangyong Motor Co. posted its first quarterly operating profit in six years, powered by brisk sales of the Torres SUV launched ...

SK Innovation-invested Amogy tests ammonia-powered heavy truck

SK Innovation-invested Amogy tests ammonia-powered heavy truck

Amogy Inc. has successfully tested its ammonia-hydrogen power system for large-size semi trucks – the first time that ammonia has been used as...

S.Korean fighter jet KF-21 makes first supersonic flight

S.Korean fighter jet KF-21 makes first supersonic flight

The first prototype of the South Korean fighter jet KF-21 Boramae on Tuesday made its first supersonic flight six months since its inaugural trip to...

KSOE wins this year's first LNG carrier order worth $783 million

KSOE wins this year's first LNG carrier order worth $783 million

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company of HD Hyundai Co., said on Tuesday that it recent...

LG UltraGear selected as official monitor for League of Legends

LG UltraGear selected as official monitor for League of Legends

LG Electronics Inc. said on Tuesday that its UltraGear gaming monitor, with enhanced gamer-specific features, has been selected as the official moni...

Medytox to build plant for finished toxin products in Dubai

Medytox  to build plant for finished toxin products in Dubai

South Korea's biopharmaceutical company Medytox Inc. will build a plant for finished products containing botulinum toxin in the United Arab Emirates...

Medical platform operator Integration raises $8 mn in Series B funding

Medical platform operator Integration raises $8 mn in Series B funding

Integration Inc., which operates specialized platforms for medical personnel such as Traditional Korean Medicine doctors and dentists, has raised 10...

Medipost completes first dose of Cartistem in phase 3 clinical trials in Japan

Medipost completes first dose of Cartistem in phase 3 clinical trials in Japan

South Korea's stem cell research company Medipost Co. said on Monday that it has completed the administration of Cartistem, a stem cell treatment fo...

Ssangyong Motor takes part in Brussels Motor Show

Ssangyong Motor takes part in Brussels Motor Show

Ssangyong Motor Co. said on Monday that it would participate in the 2023 European Motor Show Brussels and begin to move into the European market in ...

Kia's Carens selected as Car of Year in India

Kia's Carens selected as Car of Year in India

Kia Corp. won the "Car of the Year in India" for the first time in three years and five months after entering the Indian auto market.Kia said Sunday...

Samsung may cut spending as foundry players brace for downturn

Samsung may cut spending as foundry players brace for downturn

Samsung Electronics Co., the world’s largest memory chipmaker, may slash its investment for contract chipmaking known as foundry, as its peers...

Aespa's first VR concert unveiles at the US music festival

Aespa's first VR concert unveiles at the US music festival

AmazeVR, a virtual reality (VR) concert production and distribution platform company, said on Friday that "Aespa VR Concert at Kwangya" was official...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

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