Samsung dubs upcoming Galaxy S24 AI phone as on-device AI race rages on

Samsung dubs upcoming Galaxy S24 AI phone as on-device AI race rages on

Employees at Samsung Electronics Co.'s Mobile eXperience (MX) division recently developed a habit of referring to the upcoming Galaxy series of smar...

LG Display to premiere 480Hz gaming OLED at CES 2024

LG Display to premiere 480Hz gaming OLED at CES 2024

LG Display Co., the world’s leading organic light-emitting display (OLED) maker in South Korea, will showcase its premium OLED gaming panel se...

HD KSOE lowers order target by 39% in 2024

HD KSOE lowers order target by 39% in 2024

South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Thursday that it has lowered its order target for this y...

Foreign net buying of Samsung Elec at record high in 2023

Foreign net buying of Samsung Elec at record high in 2023

Foreign investors turned net buyers of Samsung Electronics Co. in 2023, reversing their selling spree of the stock over past three years, as the sem...

Samsung, SK Hynix join forces with foreign rivals to win AI chip war 

Samsung, SK Hynix join forces with foreign rivals to win AI chip war 

South Korea’s two chip giants Samsung Electronics Co. and SK Hynix Inc. are expected to further deepen ties with rivals and customers from aro...

S.Korean refiners’ race for EV lubricants heats up

S.Korean refiners’ race for EV lubricants heats up

South Korean major refiners are upping the ante to win the market for electric vehicle lubricants and liquid coolants for heat management amid the r...

Korea’s consumer inflation reaches 3.6% in 2023 on high utilities

Korea’s consumer inflation reaches 3.6% in 2023 on high utilities

South Korea’s consumer prices rose 3.6% this year, driven by the biggest jump in utility bills since 2010 and high inflation in agricultural p...

HD Hyundai Oilbank launches dedicated EV lubricant

HD Hyundai Oilbank launches dedicated EV lubricant

South Korea’s HD Hyundai Oilbank said on Thursday that it launched a new dedicated electric vehicle (EV) lubricant brand the Hyundai XTeer EVF...

Kakao Mobility's talks to acquire FreeNow in deadlock

Kakao Mobility's talks to acquire FreeNow in deadlock

Kakao Mobility Corp.’s ambition to go global has hit a roadbock after its parent group Kakao Corp. rejected its draft bid to buy Germany-based...

POSCO to foster rare gas business with Zhongtai Cryogenic

POSCO to foster rare gas business with Zhongtai Cryogenic

POSCO Holdings Inc. will build a highly purified rare gas-producing joint venture in South Korea with Zhongtai Cryogenic Technology Corp. from China...

Taihan Cable to build ultra-high voltage power grid in Germany

Taihan Cable to build ultra-high voltage power grid in Germany

South Korea's Taihan Cable & Solution Co. won a 600 billion won ($463 million) turnkey project to build a 380 kV ultra-high voltage power transm...

Samsung to release Galaxy Book3 Go 5G laptop

Samsung to release Galaxy Book3 Go 5G laptop

Samsung Electronics Co. will release the Galaxy Book3 Go 5G laptop, which supports 5G networks on Jan. 2. Next year.The device features a 14-inch LC...

HD Hyundai Construction, Infracore to use integrated machinery platform

HD Hyundai Construction, Infracore to use integrated machinery platform

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is building an integrated equipment manufacturing platform for its two const...

HD Hyundai, Google Cloud team up to accelerate generative AI innovation

HD Hyundai, Google Cloud team up to accelerate generative AI innovation

HD Hyundai Co., South Korea’s shipbuilding-to-heavy machinery conglomerate, said on Tuesday it has teamed up with Google Cloud, the informatio...

BNP Paribas, HSBC fined $20.4 million in Korea for naked short-selling

BNP Paribas, HSBC fined $20.4 million in Korea for naked short-selling

South Korea’s financial regulator has slapped a combined 26.52 billion won ($20.4 million) in fines on BNP Paribas SA, its Korean brokerage un...

The Hyundai Seoul unveils Louis Vuitton store

The Hyundai Seoul unveils Louis Vuitton store

The Hyundai Seoul, South Korea's largest department store in Yoido, on December 21 opened a Louis Vuitton women's store, marking a significant addit...

HD Hyundai aims to double number of female employees by 2030

HD Hyundai aims to double number of female employees by 2030

HD Hyundai Co., the world’s largest shipbuilding group, will introduce a childcare leave system to make the male-dominated conglomerate an att...

CJ CheilJedang to launch Excycle Basak Chip in global market

CJ CheilJedang to launch Excycle Basak Chip in global market

South Korean food company CJ CheilJedang Corp. announced on Thursday that it introduced its Excycle Basak Chip, a snack born from their in-house ven...

HD Hyundai builds VR shipyard Twin FOS

HD Hyundai builds VR shipyard Twin FOS

South Korea’s HD Hyundai Co. announced on Wednesday that it completed the building of a virtual reality shipyard, the first stage of its Futur...

LG unveils UltraGear gaming monitor 2024

LG unveils UltraGear gaming monitor 2024

LG Electronics Inc. announced on Wednesday that it unveiled the 2024 model of the UltraGear gaming monitor, optimized for resolution and refresh r...

Chip cycle hits rock bottom but uncertainty lingers: Chey

Chip cycle hits rock bottom but uncertainty lingers: Chey

The global semiconductor market has hit "rock bottom" but uncertainties remain high amid growing protectionism and lingering concerns about China&rs...

Samsung Elec unveils new image sensors for robotics, XR

Samsung Elec unveils new image sensors for robotics, XR

Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday introduced new image sensors tailored for advanced content platforms...

Vietnamese lead record-high foreign job growth in S.Korea

Vietnamese lead record-high foreign job growth in S.Korea

The number of foreign employees in South Korea reached an all-time high this year, with the Vietnamese leading the pack, amid rising minimum wages a...

Korea’s 6G frequency bands picked as standard candidates

Korea’s 6G frequency bands picked as standard candidates

Sixth-generation (6G) communication frequency bands proposed by South Korea have been adopted as global standard candidates by the industry's freq...

Samsung to release Galaxy Book4 laptop series in January

Samsung to release Galaxy Book4 laptop series in January

Samsung Electronics Co. will release its laptop lineup Galaxy Book4 series on Jan. 2, 2024, with a new intelligent processor for high performance an...

HD KSOE wins deal for 3 ultra-large ethane carriers at $500 mn

HD KSOE wins deal for 3 ultra-large ethane carriers at $500 mn

HD Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai, announced on Friday that it has secured a co...

Samsung, ASML to build joint research plant in Hwaseong

Samsung, ASML to build joint research plant in Hwaseong

Samsung Electronics Co. and ASML Holding NV plan to build their joint research plant in Dongtan township in Hwaseong, South Korea, in which the me...

Hyundai Motor to offer China-made Sonata taxis in S.Korea

Hyundai Motor to offer China-made Sonata taxis in S.Korea

Hyundai Motor Co. will import Sonata taxis manufactured in China to South Korea in response to strong demand from local taxi drivers less than five ...

Kakao to tighten grip over units, rethink horizontal culture

Kakao to tighten grip over units, rethink horizontal culture

Kim Beom-soo, founder and chairman of South Korea’s largest mobile platform Kakao Corp., said on Monday it will abandon its autonomous managem...

POSCO International foresees record-high profits for 2023

POSCO International foresees record-high profits for 2023

POSCO International Corp., a South Korean general trading and energy exploration company, is expected to post its highest-ever profits this year tha...

Kia to make, sell China-launched EV5 in Korea to keep top spot Samsung Asset leads H1 AUM rankings amid ETF boom Yonsei University: Unlikely yet adroit dealmaker in S.Korea’s M&A market S.Korea corporate law reform gains bipartisan support Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland