Samsung’s next frontier: XR in partnership with Qualcomm, Google

SAN FRANCISCO – Samsung Electronics Co. is teaming up with Qualcomm Technologies Inc. and Google LLC to venture into the extended reality (XR)...

SeAH begins construction on stainless steel pipe plant in Saudi Arabia

SeAH Gulf Special Steel Industries (SGSI), a joint venture between South Korea's SeAH CSS and Saudi Arabian oil giant Aramco, has broken ground on a...

NGeneBio to launch precision cancer test service in Thailand

South Korean medical diagnostic company NGeneBio Co. has partnered with MP Group, a large consignment testing agency in Thailand, to launch a precis...

Hyundai Motor opens Hyundai Mobility Lounge Kyoto Shijo

Hyundai Motor Co. is establishing a permanent location in Japan's Kansai region to allow customers to experience its eco-friendly cars such as the I...

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

South Korea's Taihan Cable & Solution Co. on Thursday said it won two orders to build high-voltage power grids in Germany.The deals are with Ten...

Kim&Chang sets to enter Indonesia's legal market

Kim & Chang, South Korea's leading law firm, is poised to expand into Indonesia, joining the race among major legal firms seeking a foothold in ...

Hanmi's Rolvedon set to post $10 mn in Q4 net sales in US

South Korean drugmaker Hanmi Pharmaceutical Co.’s neutropenia agent, Rolvedon (eflapegrastim-xnst), is forecast to achieve about $10 million i...

Two premium taxi apps mull tie-up to challenge Kakao

South Korea's two premium ride hailing apps TADA and i.M are considering a merger in a bid to challenge Kakao Mobility Corp., which commands about 9...

Hanwha Hotels & Resorts to work with Vietnam's Lodgis to expand overseas network

South Korea's Hanwha Hotels & Resorts Co., Ltd. said on Wednesday that it has signed a strategic memorandum of understanding (MOU) with Lodgis H...

Kakao Mobility enters Laos under biz strategy for Southeast Asia

South Korea's Kakao Mobility has entered Laos under a plan to use the country as a base for the transportation company's operations in Southeast Asi...

Korea’s Hyundai Electric wins $86 mn transformer deal in US

Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...

Kakao Mobility to pursue joint development with 4 major delivery services

South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...

NPS underperforms global peers by returns for Q1-Q3 2022

South Korea's National Pension Service (NPS), the world's third-largest pension fund, ranked 10th out of the global 42 state-owned investors by rate...

LG Innotek gears up for FC-BGA substrate mass production

South Korea’s LG Innotek Co. is preparing to mass produce flip chip ball grid array (FC-BGA) substrates from the fourth quarter of this year, ...

Mobile Living Space: Hyundai’s new future mobility concept

A self-driving vehicle taking a passenger home and then docking into the building so that they can enter the house without being exposed to the outs...

Samsung hires two ex-Ericsson executives to lead network business

South Korea’s tech giant Samsung Electronics Co. has hired two former executives of Swedish telecom equipment maker Ericsson to boost its ne...

Samsung seeks to sell more smartphones in Southeast Asia

Southeast Asia is an attractive smartphone market for both heavyweights and mass-market players given the relatively large number of young people wh...

Nibec gets approval for its bone graft biomaterials in Colombia, Mexico

South Korea's bioactive peptide technology company Nibec Co. said on Friday that it has obtained product approval for the sale of two types of denta...

Woori Bank's Vietnam subsidiary reports record-high performance

Woori Bank Vietnam, South Korean lender Woori Bank's local subsidiary in Vietnam, had heydays last year, tiding over the aftermath of the COVID-19 o...

Korea Exchange acquires market operator license in Singapore

Korea Exchange (KRX) on Thursday said it has received a "Recognized Market Operator" (RMO) license from the Monetary Authority of Singapore (MAS), a...

S.Korea, Japan compete in gastroesophageal reflux drug market

South Korea is battling Japan again, this time on the global market to treat gastroesophageal reflux disease (GERD). South Korea's pharmaceutical pr...

South Korea fines US brokerage $9.6 million for high-frequency trading

South Korea has fined Citadel Securities over 10 billion won ($8.1 million) for disrupting market order through high-frequency trading in the countr...

Lotte's virtual human Lucy makes successful debut on live commerce

Lotte Home Shopping said on Thursday that its virtual model Lucy will appear in monthly live commerce broadcasts on its official YouTube channel.Luc...

DongKoo Bio signs MOU to move into SE Asian healthcare market

DongKoo Bio & Pharma Co. has built a bridgehead for expansion toward the world, including Southeast Asia by joining hands with LVMC Holdings, th...

LG Elec targets indoor golf market with its ProBeam projector

LG Electronics Inc. is targeting the overseas indoor golf market with its premium commercial projector LG ProBeam.The company said on Thursday that ...

Doosan participates in Asia's largest electronics exhibition

South Korea's Doosan Corp. is participating in Nepcon Japan 2023 held at Tokyo Big Site, Japan, from Jan. 25 through 27 to showcase its high-end tec...

S.Korean companies in renewed push for Kosdaq listings

South Korean companies are making renewed pushes to go public this year even at the expense of reduced IPO values.Zaram Technology Inc., a chip desi...

Silicon Valley, Korean startups’ choice for global business

Silicon Valley was the favorite place for South Korean startups for their global business as more of them were established in other countries for th...

Kolmar Korea to establish new cosmetics production base in Sejong City

South Korea's cosmetic original design manufacturer Kolmar Korea said Wednesday that it would establish a cosmetics production base equipped with ar...

SK Hynix unveils industry’s fastest mobile DRAM chip LPDDR5T

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has developed the world’s fastest mobile DRAM chip and ...