Overseas trips top pre-pandemic levels during Chuseok holiday
The number of South Koreans who spent this year’s six-day holiday of Chuseok abroad exceeded pre-pandemic levels, indicating a recovery in the...
Proxy adviser ISS backs drug giant Celltrion's merger plan
South Korean drug giant Celltrion Group has received a positive recommendation from Institutional Shareholder Services (ISS), a global leading proxy...
Tesla Model Y reclaims spot as Koreans' favorite foreign car in September
The Tesla Model Y reclaimed the top spot on the best-selling imported car list in South Korea last month for the first time since September 2022. Th...
Pulmuone, BlueNalu team up for cell-cultured seafood
South Korean food company Pulmuone revealed plans on Thursday to boost its strategic partnership with US-based seafood startup BlueNalu, focusing on...
Average fixed transaction DRAM price in Sept bottoms out at $1.30
The average fixed transaction price of DRAMs last month stayed at $1.30, maintaining its sluggishness in the $1 range for the ninth consecutive mont...
CJ CheilJedang, T&R Biofab team up for alternative meat
South Korean food and bio giant CJ CheilJedang Corp. is harnessing advanced innovative technology to secure sustainable future food resources. The c...
Korean Sept export drop eases as chip sales hit 1-year high
South Korea’s exports slowed their decline in September to their mildest drop amid a yearlong downturn, raising hopes for a recovery in Asia&r...
BBQ to change fried chicken recipe as olive oil price soars
BBQ, a popular South Korean fried chicken brand, will change the recipe for its signature olive oil fried chicken for the first time in 18 years to ...
NeoCannBio completes $7.4 mn series B funding
South Korea's NeoCannBio, a medical cannabis startup backed by the Korea Institute of Science and Technology (KIST), announced on Tuesday that it ha...
Instant noodles, rice, kimchi buoy Korean food exports
South Korea’s agricultural and food exports have turned upward this year, led by Koreans' everyday menu items such as rice, kimchi and instant...
LG Elec takes on Lenovo, Asus in foldable laptop race
LG Electronics Inc. will join the race to lead the emerging foldable laptop market, currently led by foreign notebook majors Lenovo Ltd. and ASUSTeK...
US OKs Chinese-made solar modules using materials of S.Korea's OCI
The US has approved the import of Chinese-made solar panels using polysilicon from South Korea's green and energy company OCI Holdings Co.Pundits sa...
Samsung Welstory to develop corporate healthcare menu
South Korean food and beverage (F&B) company Samsung Welstory has teamed up with Kangbuk Samsung Hospital to develop business-to-business (B2B) ...
Hankook Tire cuts more jobs as it struggles to recover from fire
South Korea’s largest tire maker Hankook Tire & Technology Co. plans to cut more jobs through a voluntary retirement scheme as the company...
Daesang opens Jongga kimchi pop-up store in London
South Korean food maker Daesang Corp. has launched a pop-up store for its kimchi brand called Jongga in London, UK, the company announced on Wednesd...
K-food behind Japanese travelers' rush to S.Korea
South Korea is actively promoting itself as a foodies’ heaven to invite more Japanese tourists who have already contributed the most to the co...
Battery cell prices plummet amid supply glut in China, weak EV demand
The competition among automakers to cut prices of electric vehicles is expected to intensify with battery cell prices falling at a fast pace due to ...
Want to buy an iPhone 15 in South Korea? Pay more
During the unveiling of the much-anticipated iPhone 15 series on Tuesday, Apple Inc. said its newest product line is in same price range as its prev...
Stamps of K-Street food to be issued on Sept. 21
South Korea's state-run postal service agency Korea Post announced on Wednesday that it will issue 1.28 million commemorative stamps featuring two o...
Samsung hikes memory chip prices on depleting client inventories
There are signs of a memory chip market recovery, particularly in the mobile DRAM chip segment, although demand for personal computer chips remains ...
Pulmuone launches unmanned instant cooking vending machine
South Korean food company Pulmuone announced on Tuesday that it developed an advanced robotic vending machine capable of preparing hot meals on dema...
LG Electronics rolls out 118-inch micro LED TV at US trade show
LG Electronics Inc. has launched a second massive micro LED TV for those wanting a premium cinema experience at home.The company on Monday said it u...
High price, quality issues slow Kia EV9 sales in Korea
Kia Corp., South Korea’s No. 2 automaker, is struggling to sell its flagship large all-electric sport utility vehicle EV9 at home as high pric...
S.Korean food company hy boosts cosmetics unit
South Korea’s hy, formerly Korea Yakult, has launched cosmetics made with fermented products using its self-developed lactic acid bacteria, ex...
10 mn-subscriber YouTuber Mark Wiens to showcase K-food
Renowned food influencer Mark Wiens is set to showcase the allure of gastronomic journeys in South Korea. According to the Korea Tourism Organizatio...
S.Korea's airline industry waging fierce price war in fall
South Korea's airline sector is meeting high travel demand during the extended Chuseok (Thanksgiving) holidays late this month by aggressively offer...
Samsung Welstory unveils robots for company cafeterias
South Korean food and beverage company Samsung Welstory Inc. is forming a robotic process automation (RPA) ecosystem in the food service sector. In ...
Discovery in S.Korea promises dieting without limits on eating
A drug candidate in South Korea could allow people seeking to lose weight to eat to their heart's content.The Center for Cognition and Sociality of ...
Japan's fever for Korean homegrown brands on the rise
Shimamura Co., Japan’s second-largest apparel company that runs around 2,200 stores nationwide, has dispatched a team of four buyers to Seoul ...
Samsung Electro-Mechanics suffers cut in Q3 earnings estimate
South Korea's Kiwoom Securities on Tuesday said it cut its third-quarter earnings forecast for Samsung Electro-Mechanics due to continued sluggish...
