Influencers wield greater marketing power in S.Korea
Merch reliance on digital content creators for marketing is on the rise in South Korea, allowing some influencers to enjoy handsome earnings from em...
CJ Group explores Saudi Arabia's entertainment potential
CJ Group, South Korea’s food-to-entertainment giant, is exploring business opportunities in Saudi Arabia's entertainment and logistics sectors...
Chabot Mobility raises $900,000 in Series C round
South Korea's automotive management platform startup Chabot Mobility said on Wednesday that it raised 1.2 billion won ($900,000) in a Series C inv...
LG Electronics launches Global Heat Pump Consortium
LG Electronics Inc. said on Tuesday it launched a Global Heat Pump Consortium to strengthen cooperation on heating, ventilation, and air condition...
South Korea Can Go Only So Far Copying Japan’s Market Reforms
South Korea is taking a page from Japan to boost its stock market. There are certainly some low-hanging fruits to pick, but the country’s larg...
Kia to enter Japanese purpose-built vehicles market
Kia Corp. said on Tuesday that it signed a local sales agreement for purpose-built vehicles (PBVs) with Japan's trading company Sojitz Corp. Under ...
Kolon expands eco-friendly car interior materials biz
South Korea's Kolon Industries Inc., the Kolon Group's chemical materials arm, will absorb its affiliate Kolon Glotech's automotive materials and pa...
BBQ Chicken to enter Indonesian market
Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, said on Monday that it signed a master franchise agreement with PT ...
Koramco puts Hyundai Motor Securities building on market
Koramco Asset Management Co. has put the Hyundai Motor Securities building in Seoul's Yeouido business district (YBD) on the market. The deal is exp...
Race to win tableside ordering market heats up in Korea
Baemin, South Korea's top food delivery platform, and the country’s leading travel and accommodation booking platform operator Yanolja Co. hav...
Taihan Cable enters HVDC market in US
South Korea's Taihan Cable & Solution Co. said on Thursday that it was selected as the cable supplier for a 320kV voltage-type high-voltage dire...
SK Hynix shares nosedive after Morgan Stanley downgrade
The share price of SK Hynix Inc. plummeted as much as 11% at one point on Thursday after Morgan Stanley sharply cut its target price in an about-tur...
South Korean investors bet big on ETFs tracking Indian equities
India has emerged as a new darling for South Korean investors actively searching for an alternative to China reeling from multiple economic setbacks...
Korean ramen makers set sights beyond US to Latin America
Nongshim Co. and Samyang Foods Co., South Korea’s two largest ramen makers, are ramping up production to create and meet demand for their spic...
South Korea scraps anti-nuclear policy with approval of two nuclear plants
South Korea has approved the construction of two nuclear power plants, officially ending its anti-nuclear policy pursued by the previous Moon Jae-in...
Hyundai, GM deepen ties to jointly develop cars
South Korea’s auto juggernaut Hyundai Motor Co. and US auto giant General Motors Co. will explore ways to jointly develop new vehicles and sou...
Samsung mass-produces QLC V9 NAND to lead AI storage market
Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it has begun mass production of a 286-layer high-capacity NAND...
AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae
Oriental Brewery Co. (OB), a unit of the world’s largest beer company AB InBev, agreed on Wednesday to purchase Jeju Soju from Shinsegae L&...
SK Hynix unveils powerful data-center SSD to maintain AI memory lead
South Korean chipmaker SK Hynix Inc. on Wednesday unveiled a new solid-state drive (SSD) for data centers to expand its memory leadership in the AI ...
Krafton diversifies its business by investing in Spoon Labs
South Korea's gaming giant Krafton Inc. said on Wednesday that it invested in SpoonLabs, a domestic short-form drama platform companySpoonLabs is th...
HD Hyundai affiliates participate in Mining Indonesia 2024
South Korea's HD Hyundai Construction Equipment Co. and HD Hyundai Infracore Co. announced on Wednesday that they participated in Mining Indonesia 2...
APR enters UK cosmetics market
South Korea's cosmetic and clothing company APR said on Monday that it entered PureSeoul, a UK-based distributor specializing in K-beauty.PureSeoul ...
Celltrion chairman announces venture into CDMO market
South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development and manufacturing organization (CDMO) market, the com...
LG Electronics to boost mass market presence vs Chinese peers
BERLIN – LG Electronics Inc., the world's largest home appliances maker, will adjust its premium-oriented strategy to expand its mass market p...
Hanwha Systems, WB Group to collaborate on SAR satellites
South Korea's Hanwha Systems Co. said on Monday that it signed a mid- to long-term business cooperation memorandum of understanding (MOU) for space ...
Lotte to foster Pepero as global brand by 2035: Chairman Shin
Lotte Group has selected Pepero — a thin chocolate-covered stick cookie — as the first brand that it will foster into one of the world&r...
No Korean firms make it onto Korea’s top five mobile games list
No South Korean game titles developed by domestic game developers made it onto the list of the country’s top five mobile games last month, ind...
Hanjin, China's AWOT set up e-commerce logistics JV
Hanjin Transportation Co., a South Korean logistics company, said on Friday it has established an e-commerce logistics joint venture with China&rsqu...
SK Telecom partners with Perplexity to level up conversational search
South Korea's largest telecom company SK Telecom Co. will enhance its conversational search services through a partnership with US AI search startup...
Samsung, SK Hynix up the ante on HBM to enjoy AI memory boom
TAIPEI – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are racing to supply their advanced DRAM ...
