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Hyundai, Kia to join global small EV war with new models

Hyundai, Kia to join global small EV war with new models

Hyundai Motor Group, South Korea’s top automaker, will aim at the world’s affordable small electric vehicle segments with new models as ...

Hyundai Motor Group's 23 vehicle models win Editor's Choice Awards

Hyundai Motor Group's 23 vehicle models win Editor's Choice Awards

Hyundai Motor Group made an announcement on Thursday, saying that its major vehicles had been selected as the best models at the 2023 Editor's Choic...

SK Telecom, NTT Docomo jointly publish technical white paper

SK Telecom, NTT Docomo jointly publish technical white paper

SK Telecom Co. announced on Wednesday that it had published a technical white paper on 6G common requirements and 5G base station power-saving measu...

S.Korean investors eye VC, growth equity in tech: Adams Street

S.Korean investors eye VC, growth equity in tech: Adams Street

Many investors are questioning whether private markets will stay bullish amid uncertainty in 2023. The markets will continue to generate interesting...

FuriosaAI speeds up development of next-gen AI chip with Hugging Face  

FuriosaAI speeds up development of next-gen AI chip with Hugging Face  

FuriosaAI Inc., South Korea’s fabless chip designer, has teamed up with Hugging Face Inc., a New York-based AI company boasting a massive tran...

Samsung maintains No.1 position in global TV market

Samsung maintains No.1 position in global TV market

South Korea’s Samsung Electronics Co. maintained its No. 1 position in the global TV market in 2022, accounting for nearly 30% of TV sales, ac...

Smaller firms' successful IPOs fail to boost Korean listing market

Smaller firms' successful IPOs fail to boost Korean listing market

South Korean companies are returning to the local initial public offering market this year, after failing their market debuts last year. But that ha...

S.Korea sees first decline in household loans in 20 years

S.Korea sees first decline in household loans in 20 years

Household loans in South Korea last year fell from 2021 for the first time in 20 years because of high interest rates, but credit card debt hit a re...

Kyochon sets sights on Western expansion with Canadian franchise deal

Kyochon sets sights on Western expansion with Canadian franchise deal

Kyochon F&B, the operator of South Korea's premier fried chicken brand Kyochon Chicken, said on Tuesday that it has secured a master franchise a...

SK Chemicals joins global initiative to cut carbon emissions

SK Chemicals joins global initiative to cut carbon emissions

South Korea's SK Chemicals said on Monday that it has joined a global initiative that aims to set science-based targets for reducing greenhouse gas ...

Hanwha expects high-stakes US solar projects to pay off

Hanwha expects high-stakes US solar projects to pay off

South Korea’s chemicals-to-construction conglomerate Hanwha Group expects its high-stakes solar energy business to pay off amid industry forec...

Korea's Musicow to lead fractional IP ownership globally

Korea's Musicow to lead fractional IP ownership globally

Musicow Inc., South Korea’s first music copyright trading platform, is set to gain momentum as fractional ownership in copyright claims has be...

Korea United Pharm signs contract to supply medicines to Saudi Arabia

Korea United Pharm signs contract to supply medicines to Saudi Arabia

Korea United Pharm. Inc. announced on Monday that it signed a contract to supply nine types of medicines, including 11 anticancer drugs, to Saudi ph...

LG Uplus, Ecorbit to build smart safety solution at waste disposal site

LG Uplus, Ecorbit to build smart safety solution at waste disposal site

LG Uplus Corp., a South Korean mobile telecom service carrier, announced on Monday that it is deploying a smart safety solution at waste disposal co...

Koreans’ voracious appetite for pork belly extends to Canadian pork market

Koreans’ voracious appetite for pork belly extends to Canadian pork market

As South Korea prepares for Samgyeopsal Day, or Pork Belly Day, on March 3, the country has further upped pork imports from Canada – this afte...

Hanwha Solutions projects over $778 mn operating profit in 2023

Hanwha Solutions projects over $778 mn operating profit in 2023

Hanwha Solutions Corp. projects its operating profit for this year would exceed 1 trillion won ($778 million) on an anticipated solar energy boom in...

Samsung C&T to cancel $2.3 bn worth of treasury shares, stocks up

Samsung C&T to cancel $2.3 bn worth of treasury shares, stocks up

Samsung C&T Corp.’s share price zoomed on Thursday on news that the company will cancel its entire treasury stock holdings worth about 2.9...

POSCO Int'l's pharmaceutical biz in Sudan attains No. 2 market ranking

POSCO Int'l's pharmaceutical biz in Sudan attains No. 2 market ranking

A pharmaceutical company in Sudan set up by South Korea's POSCO International to find business opportunities in and make social contributions to the...

S.Korea's EcoPro boosts raw material plant for cathode materials

S.Korea's EcoPro boosts raw material plant for cathode materials

South Korea's EcoPro Co., a leading cathode supplier for global battery makers, is expanding its plant for raw materials used in secondary battery c...

S.Korean shipbuilders rule world’s eco-friendly vessel market

S.Korean shipbuilders rule world’s eco-friendly vessel market

South Korea’s shipbuilders have won more than half of the orders to build eco-friendly vessels so this year based on advanced technology to do...

Lotte Fine Chemical transforms from ugly duckling to golden swan

Lotte Fine Chemical transforms from ugly duckling to golden swan

For Samsung Group, the fine chemicals business was an ugly duckling losing money while other affiliates, including Samsung Electronics Co., were flu...

Treasury yield falls signal BOK's looser grip on inflation

Treasury yield falls signal BOK's looser grip on inflation

The yield on South Korea’s benchmark three-year treasury bonds has stayed below the base rate for a month, out of sync with monetary policies ...

S.Korea’s trade outlook dismal in Feb with stagnant exports

S.Korea’s trade outlook dismal in Feb with stagnant exports

South Korea’s trade deficit in just the first 40 days of this year inched close to 40% of its worst-ever annual deficit last year amid a conti...

SK Telecom doubles capacity of its AI service's supercomputer Titan

SK Telecom doubles capacity of its AI service's supercomputer Titan

South Korea's SK Telecom Co. on Sunday said it had doubled the processing capacity of its supercomputer Titan, the brain of its artificial intellige...

S.Korean listed companies' cancelled shares reach $8.6 bn over past 3 years

S.Korean listed companies' cancelled shares reach $8.6 bn over past 3 years

South Korea's listed companies have cancelled 11 trillion won ($8.6 billion) worth of shares over the past three years.The Korea Exchange said on Su...

Hyundai Motor Group ranks first in US vehicle dependability study

Hyundai Motor Group ranks first in US vehicle dependability study

Hyundai Motor Group has once again topped the U.S. Vehicle Dependability Study (VDS) conducted by J.D. Power, ranking first among 16 global automoti...

S.Korea’s love of luxury ushers in 3rd wave of bling boom

S.Korea’s love of luxury ushers in 3rd wave of bling boom

Global luxury brands from Louis Vuitton to Chanel and Thom Browne are readying themselves for a third wave of the luxury boom in South Korea, where ...

Seoul to run $3.9 billion fund for startups over 4 years

Seoul to run $3.9 billion fund for startups over 4 years

The local government of South Korea’s capital city Seoul this year will launch its own vision fund, dubbed the Seoul Vision 2030 Fund, to inve...

S.Korean firms showcase hydrogen offerings in United States

S.Korean firms showcase hydrogen offerings in United States

South Korean energy ministry and major Korean companies including Hyundai Motor Co., SK E&S, and Korea Zinc Co. participated in the Hydrogen &am...

SK Telecom to launch multimodal AI to match ChatGPT

SK Telecom to launch multimodal AI to match ChatGPT

South Korea’s SK Telecom Co. will adopt natural language generation and processing capabilities for its nascent artificial intelligence servic...

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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