Hyundai Mobis, Hyundai Motor develop vehicle height adjustment system

Hyundai Mobis, a global auto parts vendor and affiliate of Hyundai Motor Group, said on Monday that it has co-developed an electronic levelling cont...

Hanwha Systems tests AESA radar system for Korean fighter jet

Hanwha Systems Co., a South Korean defense and IT service company, said on Sunday that it had installed and tested its own radar system on a prototy...

S.Korea's Taekwang Industrial acquires ISO 45001 certification

Taekwang Industrial Co., a textile and petrochemical subsidiary of Taekwang Group, announced on Sunday that it has achieved ISO 45001 certification ...

Celltrion ex-Chairman Seo set to return to management; group stocks rally

South Korea’s biosimilar giant Celltrion Group’s founder and Honorary Chairman Seo Jung-jin is readying to return to management just two...

Hyundai's Namyang R&D Center acquires safety management certification

Hyundai Motor Group announced on Friday that the polymer materials analysis lab and the metal component analysis lab in the Basic Materials Research...

Hanwha Systems begins developing active protection system for combat vehicles

South Korea's defense and IT service company Hanwha Systems Co. will develop core technology for an active protection system (APS), or state-of-the-...

Korea's Innogrid wins contract for open cloud platform project

Innogrid Co., a South Korean company specializing in cloud computing and digital transformation, said on Thursday that it secured a three-year deal ...

SKC earns ISO 37001 certification for anti-corruption management

SKC, the chemical materials unit of South Korea's second-largest conglomerate, announced on Thursday that it has received the ISO 37001 certificatio...

CJ CheilJedang invests in Australian bio startup

South Korea's food and bio company CJ CheilJedang Corp. on Wednesday said it will invest in the Australian bio startup Provectus Algae.The former se...

BC Card shows one-stop payment int'l network at MWC 2023

BC Card, the only credit card company from South Korea taking part in this year's Mobile World Congress (MWC) in Barcelona, Spain, is displaying at ...

Samsung leader eyes solid-state batteries as future growth engine

Samsung Group appears set to up its investment in solid-state batteries, a game changer in the electric vehicle sector, as South Korea’s top c...

Kakao vows to thwart HYBE scheme for SM control

Kakao Corp., South Korea’s dominant mobile platform, said on Monday it would mobilize all possible countermeasures against HYBE Co. ’s a...

SK Ecoplant's Singaporean affiliate, Thailand's No. 2 conglomerate to develop green power

Singapore's TES, an electronic waste management specialist and subsidiary of South Korea's SK Ecoplant Co., will jointly pursue the development of e...

SillaJen starts US trial of anti-cancer drug from Basilea

SillaJen Inc. said on Monday it has enrolled the first patient in a US phase 1 trial of an anti-cancer drug BAL0891 licensed from Swiss drugmaker Ba...

Hyundai Department Store uses AI to write advertising copy

South Korea's Hyundai Department Store Co. on Sunday said it will officially introduce on Thursday an artificial intelligence (AI) copywriting syste...

Four Hyundai, Kia models win US IIHS top safety awards

Hyundai Motor Group’s four models earned the safest vehicle awards even with a tougher crash test by the Insurance Institute for Highway Safet...

POSCO Int'l, Daesang sign MOU to cooperate in food business

POSCO International, South Korea's largest general trading company, announced on Friday that teams up with Daesang Corp. in the food business area.P...

S.Korean firms with focus on emerging Asia to shine

South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as their revenue from t...

POSCO Chemical changes name to POSCO Future M

POSCO Chemical, a chemical subsidiary of the POSCO Group, announced on Friday that it had approved an agenda to change its company name to "POSCO Fu...

Korea’s LG CNS to enhance digital channel biz with Adobe

South Korea’s largest cloud computing service provider LG CNS Co. joined hands with US computer software company Adobe Inc. to improve its dig...

LG Electronics plans sales blitz on US market for induction ranges

LG Electronics Inc. this year has launched an all-out sales offensive for induction ranges and cooktops in the US, the world's leading market for pr...

Hanwha Aerospace secures tech to catch illegal drones using nets

South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...

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...

Samyang to develop biomaterials for battery heat management

South Korea’s Samyang Corp. signed a partnership agreement with local tech venture Nano Tim on Feb. 20 to jointly develop thermal interface ma...

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...

S.Korea's Hanwha Asset Management staff protest personnel reshuffle

Internal conflict is growing at South Korea's Hanwha Asset Management over the company's de facto restructuring of its fund management in the wake o...

Lessons from Korean Air’s botched mileage program reform

Korean Air Lines Co. has suspended a plan to revamp its mileage program after it drew harsh criticism from both its customers and government officia...

Patty-cooking robotics startup Aniai completes seed funding

Aniai Inc., a foodservice robotics developer founded by a South Korean, said on Feb. 21 it has attracted $3 million via a seed funding round to boos...

S.Korea's HMM establishes system for recycling waste ropes

South Korea's HMM Co. announced on Tuesday that it had signed a business agreement with Foresys, a company specializing in marine waste management. ...

LG Elec gets vehicle cyber security certification from German agency

LG Electronics Inc., a leading South Korean home appliance maker, said on Monday that it has obtained ISO/SAE 21434 certification for its vehicle co...