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Scope
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Venture capital
S.Korean VCs go global for breakthrough
South Korean venture capitalists are actively discovering attractive investment assets overseas to find a breakthrough amid a prolonged local VC dro...
Oct 19, 2023 (Gmt+09:00)
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Corporate strategy
Late Samsung chairman Lee's New Management back in spotlight
As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...
Oct 18, 2023 (Gmt+09:00)
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Electric vehicles
POSCO Int’l completes Mexico EV motor core plant for N.American market
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., concluded construction on an electric...
Oct 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom launches cloud cost management platform
South Korea's SK Telecom Co. on Wednesday announced the launch of Cloud Radar 2.0, its next-generation cloud management platform that leverages arti...
Oct 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver launches AI-based hotel recommendations service
South Korea’s web portal giant Naver Corp. has launched a beta service for For You, which recommends hotels using artificial intelligence (A...
Oct 18, 2023 (Gmt+09:00)
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Korean games
NCSOFT to unveil 7 new titles in global lineup at G-STAR 2023 game show
NCSOFT Corp., a major South Korean game developer and publisher, said on Tuesday it will showcase seven new titles in its upcoming global lineup at ...
Oct 17, 2023 (Gmt+09:00)
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Bio & Pharma
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...
Oct 17, 2023 (Gmt+09:00)
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Bio & Pharma
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...
Oct 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT Cloud releases AI inference GPU infrastructure service
South Korea’s KT Cloud on Monday launched the service AI SERV, which allows the use of infrastructure for high-performance graphics processing...
Oct 17, 2023 (Gmt+09:00)
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Chemical Industry
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...
Oct 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea’s LG telecom unit to launch logistics platform service
LG Uplus Corp., South Korea’s No. 3 mobile carrier, is poised to launch a platform service that will digitally transform the local logistics s...
Oct 16, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea sees rise in young, independent Chinese tourists
South Korea is welcoming a growing number of Chinese tourists since China lifted a ban on group tours to its neighboring country on Aug. 10 after mo...
Oct 15, 2023 (Gmt+09:00)
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Batteries
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...
Oct 13, 2023 (Gmt+09:00)
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Automobiles
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...
Oct 13, 2023 (Gmt+09:00)
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Automobiles
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...
Oct 13, 2023 (Gmt+09:00)
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Logistics
CJ Logistics reinforces ties with India’s Tata Motors
South Korea’s CJ Logistics on Friday said its Indian subsidiary CJ Darcl has signed a memorandum of understanding with Tata Motors of India on...
Oct 13, 2023 (Gmt+09:00)
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Culture & Trends
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...
Oct 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
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...
Oct 13, 2023 (Gmt+09:00)
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Bio & Pharma
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...
Oct 12, 2023 (Gmt+09:00)
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Korean food
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 ...
Oct 12, 2023 (Gmt+09:00)
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Energy
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 ...
Oct 12, 2023 (Gmt+09:00)
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Beauty & Cosmetics
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 ...
Oct 11, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul to launch AI chatbot service for foreign visitors' tour planning
Seoul city government is in talks with tech firms including Google LLC, Microsoft Corp. and Naver Corp. to provide foreigners with artificial intell...
Oct 11, 2023 (Gmt+09:00)
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Cloud computing
Amazon bets big on Korea digital transition with new spending
Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, said on Wednesday it will nearly triple its investment in South Korea t...
Oct 11, 2023 (Gmt+09:00)
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Retail
Over 12,000 S.Korean SMEs enter Taiwan through Coupang
South Korea's e-commerce leader Coupang Inc. announced on Wednesday that more than 12,000 small- and medium-sized enterprises (SMEs) have entered Ta...
Oct 11, 2023 (Gmt+09:00)
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Korean startups
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...
Oct 11, 2023 (Gmt+09:00)
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Bio & Pharma
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...
Oct 11, 2023 (Gmt+09:00)
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Entertainment
CJ ENM launches AI sound source service
South Korean entertainment giant CJ ENM Co. introduced "Viodio: CJ ENM Air," an AI sound source service that makes it easy to utilize AI-generated m...
Oct 10, 2023 (Gmt+09:00)
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Bio & Pharma
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...
Oct 10, 2023 (Gmt+09:00)
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Research & Development
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...
Oct 05, 2023 (Gmt+09:00)
Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul