Johnson & Johnson more interested in Korean bio startups
Johnson & Johnson, a global pharmaceutical giant, showed more interest in South Korean bio startups with competitive innovation despite the rece...
HLB gets global rights to Chinese liver cancer drug
South Korea’s HLB Therapeutics Co. on Tuesday said its US subsidiary Elevar Therapeutics has acquired the global rights excluding South Kore...
SK Chemicals, Estée Lauder to co-work for eco-friendly packaging
South Korea's SK Chemicals Co. announced on Tuesday a partnership with Estée Lauder, the leading global cosmetics brand, to integrate circula...
Korea game makers lure more female users with Hello Kitty
South Korean game developers have teamed up with Hello Kitty and other fictional characters of Japanese entertainment company Sanrio Co. to lure mor...
KFC Korea to start franchise business for faster growth
Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...
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...
Kia holds first Global Distributors Convention in 5 years
South Korea's Kia Corp. held a global distributors convention for the first time in five years, sharing medium to long-term business strategies, inc...
KCC opens US refinish color center
South Korean chemical and auto parts maker KCC Corp. opened its first overseas refinish color center in the US. According to the company's anno...
CJ ENM expands global reach with entertainment IP exports
South Korean entertainment giant CJ ENM Co. is broadening its international reach, exporting its widely popular entertainment show intellectual prop...
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...
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...
Lotte Ventures hosts L-Camp in Tokyo for promising Korean startups
TOKYO – Lotte Ventures Corp., the corporate venture capital (CVC) business unit of South Korea’s Lotte Group, on Thursday hosted L...
Dongwon F&B to accelerate global push with StarKist
COLOGNE, Germany – Dongwon F&B Co., South Korea’s largest canned tuna manufacturer, will break away from its domestic sales-focused ...
Korea’s household, business loans on upswing in September
South Korea’s household debt continued to rise for the sixth consecutive month in September despite stricter regulations on mortgages, while b...
Five most common frustrations of Korean entrepreneurs
A South Korean company recently gave up on its plan to venture into the burgeoning robot market.Fair-trade regulations that prohibit the creation of...
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 ...
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 ...
Hyundai Motor to manufacture BAIC’s Arcfox EVs in China
BEIJING -- Hyundai Motor Co. is set to manufacture electric vehicles of Arcfox, a Chinese EV brand owned by BAIC Motor Corp., as the leading South K...
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...
Noul releases AI-based diagnostic gizmo for cervical cancer
Noul Co., a South Korean company specializing in artificial intelligence (AI)-based blood and cancer diagnostic platforms, has entered the cancer di...
NGeneBio joins US gov't Cancer Moonshot project
South Korean medical diagnostic company NGeneBio Co. announced on Tuesday it joins US President Joe Biden's cancer-conquering project "Cancer Moonsh...
Samsung unveils next-generation flagship mobile processor
SAN JOSE, California -- Samsung Electronics Co., the world’s top memory chipmaker, on Thursday unveiled the Exynos 2400, a new premium mobile ...
S.Korea’s corporate R&D spending lags global rivals
Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...
LIG Nex1 signs agreement with Megazone Cloud, AWS
South Korea's LIG Nex1 Co. announced on Thursday that it has signed a memorandum of understanding for the future space, defense cloud transition wit...
Foreign tourists can use Kakao Taxi in S.Korea
South Korea’s Kakao Mobility announced on Thursday that it has started integrating its taxi service app Kakao T with overseas apps. Foreign to...
Samsung Electronics to soon unveil Galaxy SmartTag2
Samsung Electronics Co. on Thursday announced its planned global release on Wednesday of Galaxy SmartTag2, the improved version of its mobile access...
Creator of Baby Shark, Pinkfong to launch music variety show
The lovable children’s characters Pinkfong and Baby Shark will soon star in a music variety show for their legions of global fans.The Pinkfong...
Samsung Engineering partners with global firms for CCUS
South Korea's Samsung Engineering is ramping up its strategies in the carbon capture, utilization, and storage (CCUS) arena by securing partnerships...
NKMax's US subsidiary listed on Nasdaq
South Korean natural killer (NK) cell drugmaker NKMax Co. on Wednesday said its US subsidiary NKGen Biotech on Monday was listed on the Nasdaq Globa...
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...
