LG Energy barely fends off CATL in global EV battery market
LG Energy Solution Ltd. retained the top position in the global electric vehicle battery market excluding China in the first eight months of this ye...
LG Uplus set to catch up to KT as Korea’s No. 2 mobile carrier
LG Uplus Corp., the perennial No. 3 mobile carrier in South Korea, is fast catching up to its closest rival KT Corp. to rank second just beh...
Mirae Asset puts HI Investment headquarters on the market
South Korea’s Mirae Asset Global Investments Co. is seeking to sell off HI Investment & Securities Co. headquarters, the value of which is...
S.Korea's DuChemBio localizes core materials of radiopharmaceuticals
South Korea's DuChemBio Co. announced on Thursday that it has obtained final approval for a recovery and purification facility for oxygen-18 concent...
Cosmax forms dedicated suncare OTC team
Cosmax Inc., South Korea's largest cosmetics manufacturer that specializes in original design manufacturing (ODM), announced on Thursday the establi...
Netmarble's Marblex listed on Zaif in Japan
Marblex, a blockchain subsidiary of the South Korean game developer Netmarble Corp., announced on Thursday that it has listed its cryptocurrency Mar...
Ably, Meta develop AI-based ad measurement tech
South Korean fashion commerce platform Ably Corp. on Thursday announced the world’s first artificial intelligence (AI)-based technology for as...
POSCO International, GS Caltex to build palm oil refinery in Indonesia
South Korea’s POSCO International Corp. and GS Caltex Corp. on Thursday signed a $210 million deal to build a bio feedstock refinery facility ...
S.Korean vaccine developer Quratis eyes Iraqi market
South Korean vaccine developer Quratis Inc. on Wednesday announced its signing of a term sheet on the direction and major transaction terms of coope...
Mirae Asset Securities puts its Yeouido building on the market
Mirae Asset Securities Co. is seeking to sell off its Seoul-based office building, the value of which is estimated at around 300 billion won ($223.7...
Shinsegae targets global luxury cosmetics market with own brand
South Korea’s Shinsegae International Inc. targets the global luxury cosmetics market with its own house brand as it aims to transform into a ...
Korean startups join push to champion satellite data analytics market
Artificial intelligence is making big changes everywhere, even in space. Joining an AI-controlled space war, South Korean startups armed with AI tec...
Hanwha Group chair calls for startup-like entrepreneurial spirit
South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bold innovations of its...
Vuno's brain imaging AI medical device secures FDA certification
South Korea's medical device startup Vuno announced on Tuesday that its AI-powered brain quantification device Vuno Med-DeepBrain has received the 5...
Lotte Chemical sells JV stakes in China, eyes other profitable markets
South Korea’s Lotte Chemical Corp. has sold its entire stakes in joint ventures with Chinese partners as the Korean company faces a supply glu...
Samsung to develop Galaxy Fold, Flip-customized games
Samsung Electronics Co., the world’s top smartphone maker by volume, is developing mobile games customized to its Galaxy Fold and Flip series ...
Apple, Google may face $50.4 mn fine over in-app billing in Korea
Apple Inc. and Alphabet Inc.’s Google may be fined up to 68 billion won ($50.4 million) in South Korea for breaking the country’s in-app...
KAI participates in International Astronautical Congress 2023
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, participated in the 74th International Astronautical Congr...
Korean bond market squeezed by maturing debt, new issues
South Korea’s corporate bond market is saddled with a massive amount of debt due later this year and a surge in banks' new bond issues, amid h...
BMW premieres new 5 Series in Korea, the model’s top market
German carmaker BMW Group on Thursday premiered its latest 5 Series premium sedan in South Korea, an indication of the growing importance of the Asi...
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...
Korea markets melt as Fed officials foresee longer-than-expected high rates
South Korean financial markets lost ground on Wednesday with the 10-year government bond yield at a one-year high as US Federal Reserve policymakers...
Hanwha bets big on robots with Hanwha Robotics' official launch
South Korea’s seventh-largest conglomerate Hanwha Group has joined a race to win the burgeoning robot market, with the official launch of Hanw...
Naver's Kream integrates with Japan's Soda
Naver Corp.'s subsidiary Kream, the South Korean limited-edition goods trading platform has decided to merge its operations with Japan's Soda Inc., ...
SUVs, small pickups grab largest share of S.Korea's car market
Sport utility vehicles (SUV) and small pickup trucks in South Korea are occupying a larger share of the domestic automotive market.Industry sources ...
Recreational cars grab largest share of S.Korea's automotive market
Recreational vehicles (RVs) in South Korea like sport utility vehicles (SUV) and small pickups are occupying a larger share of the domestic automoti...
S.Korea's ModaModa partners with Poland's MBF Group
South Korean haircare brand ModaModa has partnered with Poland's MBF Group S.A. for distribution, signifying its entry into the expanding European b...
SK Telecom enters Japan's pet care market
South Korea’s SK Telecom Co. has entered the Japanese pet market using its innovative artificial intelligence (AI) under a tie-up with Japan&r...
Samsung launches ultra-speed portable SSD T9
Samsung Electronics Co. on Wednesday launched its new T-series offering, the portable solid state drive (SSD) T9. The T9 showcases impressive s...
Korean language demand creates new overseas markets for startups
South Korean language startups are expanding their business in overseas markets with their local tongue through generative artificial intelligence, ...
