Korean battery maker SK On expects business turnaround in H2

Korean battery maker SK On expects business turnaround in H2

SK On Co., the battery unit of South Korea’s top energy company SK Innovation Co., said on Monday it expects a business turnaround in the seco...

Lotte Global Logistics partners with CMA CGM

Lotte Global Logistics partners with CMA CGM

South Korea's Lotte Global Logistics announced on Monday that it partnered with the France-based world's third-largest shipping company CMA CGM.&nbs...

Lotte Global Logistics, Megvii to collaborate AI logistics

Lotte Global Logistics, Megvii to collaborate AI logistics

South Korea's Lotte Global Logistics announced on Thursday that it signed a memorandum of understanding (MOU) with Megvii Technology, a Chinese arti...

Hyundai launches the ST1, its 1st electric work van with futuristic styling

Hyundai launches the ST1, its 1st electric work van with futuristic styling

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is launching the ST1, its first fully electric work van that can be retrofi...

SoftBank-backed Korean flea market app sees overseas growth

SoftBank-backed Korean flea market app sees overseas growth

Danggeun Market Inc., South Korea’s largest online flea market service provider, enjoyed growth in other countries with its Karrot app briefly...

Korea's LX opens Hungary terminal for Europe EV, battery logistics

Korea's LX opens Hungary terminal for Europe EV, battery logistics

LX Pantos, one of the top logistics firms in South Korea, has launched a railway terminal in Hungary for the electric vehicle and battery logistics ...

SK Chemicals' bond oversubscribed with $526 mn demand

SK Chemicals' bond oversubscribed with $526 mn demand

SK Chemicals Co., a unit of South Korea’s No. 2 conglomerate SK Group, is set for a successful debt issue as the company’s bond sale has...

SK Hynix, TSMC tie up to stay ahead of Samsung for HBM supremacy

SK Hynix, TSMC tie up to stay ahead of Samsung for HBM supremacy

South Korea’s SK Hynix Inc. said on Friday it is partnering with Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly develop next-generat...

LG to double global built-in appliance sales to $722 mn

LG to double global built-in appliance sales to $722 mn

MILAN, ITALY – LG Electronics Inc. eyes 1 trillion won ($722 million) in global built-in appliance sales in three years by winning the hearts ...

Korea's AI startup Upstage raises $72 mn for global expansion

Korea's AI startup Upstage raises $72 mn for global expansion

Upstage, South Korea’s artificial intelligence startup, raised about 100 billion won ($72 million) in its latest funding round, which the comp...

Korean unicorns’ failed global expedition causes growth concern   

Korean unicorns’ failed global expedition causes growth concern   

Woowa Brothers Corp. and Viva Republica Inc., South Korea’s most valuable unicorns, have pulled the plug on some of their overseas businesses ...

Korean kimchi makers spur production in US, Australia

Korean kimchi makers spur production in US, Australia

South Korean top food makers such as CJ CheilJedang Corp. and Daesang Corp. are expanding their kimchi factories overseas to meet growing demand for...

Korean startup CEOs away from home lead global expedition

Korean startup CEOs away from home lead global expedition

South Korea’s promising startup founders, who normally double as chief executive officers for their companies, are leaving their home turf to ...

Kakao joins open-source community AI Alliance

Kakao joins open-source community AI Alliance

Kakao Corp. announced on Friday that it joined the global open-source community The AI Alliance to support AI research and development.Established i...

Korea leads global online shopping trend for used luxury goods

Korea leads global online shopping trend for used luxury goods

South Koreans are leading the trend of buying used luxury goods online with top-end products such as Rolex watches and Hermes bags among the hottest...

South Korean drone startups rush to join military drone race

South Korean drone startups rush to join military drone race

South Korean drone-developing startups are rushing to join the race to develop military drones to meet growing demand for drones fit for combat oper...

LG Electronics seeks to sell global bonds, 1st time in 12 yrs

LG Electronics seeks to sell global bonds, 1st time in 12 yrs

LG Electronics Inc. is seeking to issue dollar-denominated bonds, its first global bond sale in 12 years, according to people with knowledge of the ...

Korea’s Hansae MK targets global children’s fashion market

Korea’s Hansae MK targets global children’s fashion market

South Korean clothing retailer Hansae MK Co. selling National Basketball Association (NBA) apparel in the country aims to expand its presence with i...

Samsung ups smaller OLED workforce to fend off Chinese rivals

Samsung ups smaller OLED workforce to fend off Chinese rivals

Samsung Display Co., South Korea’s top screen maker, increased its workforce for smaller organic light-emitting diode (OLED) panels used for p...

Renault Korea changes emblem

Renault Korea changes emblem

Renault Korea has changed its emblem from the Eye of the Typhoon, used since its days as Samsung Motors, to the company's global emblem, the Losange...

Wavve to enter European, Oceanian OTT markets

Wavve to enter European, Oceanian OTT markets

South Korea's over-the-top (OTT) platform company Wavve announced on Wednesday that it plans to enter European and Oceanian OTT markets through it...

Chanel to open after-sales service center in Seoul

Chanel to open after-sales service center in Seoul

French luxury label Chanel is planning to open a dedicated after-sales service center in South Korea, one of the world’s largest markets for h...

HD Hyundai Marine Solution aims for top spot in global ship repair market

HD Hyundai Marine Solution aims for top spot in global ship repair market

When the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a ...

Korea reclaims crown from China as world’s top shipbuilder

Korea reclaims crown from China as world’s top shipbuilder

South Korea reclaimed the crown from the Chinese as the world’s largest shipbuilder after three years last quarter, sweeping global orders for...

HMM, SIPG to cooperate on eco-friendly fuel

HMM, SIPG to cooperate on eco-friendly fuel

South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum of understanding ...

KKR, Hanmi heirs likely to join hands for controlling stake

KKR, Hanmi heirs likely to join hands for controlling stake

The two sons of Hanmi Pharmaceutical Group’s founding family, who were approved as board members of the holding firm Hanmi Science Co. at its ...

Hyundai Department launches Korean brands' global platform

Hyundai Department launches Korean brands' global platform

Hyundai Department Store Co., South Korea’s major retail conglomerate, has launched “The Hyundai Global” platform dedicated to pro...

Samsung returns to top, to up ante against troubled Apple

Samsung returns to top, to up ante against troubled Apple

Samsung Electronics Co. snatched the crown from its archrival Apple Inc. as the top global smartphone seller last month thanks to brisk sales of its...

NH Investment gets APEC Cross Border Privacy Rules

NH Investment gets APEC Cross Border Privacy Rules

South Korea's NH Investment & Securities announced Friday that it obtained the global personal information protection certification APEC Cross-B...

Korea yet to join global bond index for capital inflows

Korea yet to join global bond index for capital inflows

South Korea has so far failed to be included on a global major bond index, denting hopes for capital inflows into Asia’s fourth-largest econom...

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