Korean AI startups yet to join global unicorn club

The number of artificial intelligence unicorns has been on the rise thanks to the AI boom, but none of these South Korean AI startups have yet to jo...

GS25 opens 300th store in Vietnam

South Korean convenience store chain GS25 said on Sunday that it opened its 300th store in Vietnam. This is the milestone since it entered th...

Handok gets Biocon's obesity drug exclusive distribution in S.Korea

South Korean pharmaceutical company Handok Inc. announced on Friday that it signed an exclusive domestic sales and distribution agreement with India...

Samil PwC expands global foothold with Carlyle's Japan KFC deal

Global accounting industry leader PricewaterhouseCoopers’ South Korean member firm is expanding its foothold with global mergers and acquisiti...

HD Hyundai, Shell to develop liquefied hydrogen carrier

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, announced on Friday that it will collaborate with global energy compa...

Kia premieres EV3 to boost global electrification push

Kia Corp., South Korea’s second-largest automaker, on Thursday premiered the EV3, its low-cost electric sport utility vehicle (SUV), to reboot...

Hyundai Infracore, Doosan Bobcat agree to product cross-selling in US

South Korea’s two leading construction machinery makers HD Hyundai Infracore Co. and Doosan Bobcat Inc. on Thursday agreed to the cross-sellin...

LG targets India’s edtech market with interactive whiteboards

LG Electronics Inc. is acclerating its foray into India’s business-to-business (B2B) market, zooming in on the country’s rapidly-growing...

LG CNS' marketing platform MOP surpasses 800 corporate customers

South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Thursday that its Marketing Optimization Platform (MOP), la...

LG named UK’s best home entertainment brand for five years

LG Electronics Inc. announced on Wednesday that it has been named Home Entertainment Brand of the Year at the "Which? Awards," hosted by the UK non-...

Samsung to unveil QLC-based NAND in H2 to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the second half to lead...

POBA favors data centers, senior housing in Europe: CIO

South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 bill...

Nexon releases Dungeon & Fighter Mobile in China

South Korea’s online game developer Nexon Korea Corp. on Tuesday officially launched the action role-playing game (RPG) Dungeon & Fighter ...

Korean construction machine makers set sights on India, Brazil, Mexico

South Korea’s leading construction machine makers are actively advancing into emerging markets such as India, Brazil, Mexico and Saudi Arabia,...

Samsung cements TV market lead in Q1; LG tops OLED segment

Samsung Electronics Co. has retained the top spot in the global TV market in the first quarter of this year, cementing its lead in the ultra-large p...

Samsung’s new AI PC to hit global market in mid-June

Samsung Electronics Co. will start offering the Galaxy Book4 Edge, a new addition to its latest flagship Galaxy Book4 laptop series and powered by b...

KIC eyes direct lending with high return potential: CEO

Sovereign wealth fund Korea Investment Corporation (KIC) seeks opportunities in direct lending for companies that are not cyclically sensitive and g...

Hotel Lotte resumes global push with management deals

Hotel Lotte Co., South Korea’s leading hospitality, leisure and travel retail giant, has resumed its global expansion push after its hotel and...

Amorepacific's Aestura to enter Thai market

South Korean beauty and cosmetics giant Amorepacific Corp. announced on Monday that its derma cosmetic brand Aestura will enter Thailand.Aestura joi...

Korean landfill companies put on market after Affirma deal

South Korea’s landfill companies are increasingly being put up for sale, drawing interest from private equity firms and environmental companie...

Samyang tops Korean ramen makers by market cap, beating Nongshim

South Korean food maker Samyang Foods Co., globally renowned for its Hot Chicken Flavor Ramen, saw its stock hit a record high on Friday after it de...

LG Energy wins estimated $1 bn ESS battery deal from Qcells

LG Energy Solution Ltd., the world’s third-largest battery maker, won an estimated $1 billion energy storage system (ESS) deal from the US uni...

Korean beauty brands show signs of turnaround in China

South Korean cosmetics brands are showing signs of a turnaround in China, with their sales in the neighboring country recovering from the slump over...

M&A rebound will drive private credit volume increase: Golub Capital

As the Federal Reserve signaled delays in rate cuts after meeting earlier this month, more investors have adopted for a wait-and-see attitude. Those...

Samsung Galaxy 5G phone tops ACSI in US

Samsung Electronics Co.'s Galaxy smartphone caught Apple in the cell phone manufacturer lead, taking the top spot among 5G phones, according to The ...

MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric

South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...

Ottogi, KTO partner to attract foreign tourists

The Korea Tourism Organization (KTO) announced on Monday that it signed a memorandum of understanding with domestic food company Ottogi to attract f...

Hyundai Asset to enter offshore wind power market

South Korea's Hyundai Asset Management Co. announced on Monday that it signed a business agreement with Cyan Renewables, a Singapore-based specialis...

Lotte Global Logistics, KOBC to partner for global logistics

South Korea's Lotte Global Logistics announced on Monday that it signed a memorandum of understanding (MOU) with the Korea Ocean Business Corporatio...

CJ's Bibigo Gimbap enters Australian Woolworths stores

South Korea's food giant CJ CheilJedang Corp. announced on Sunday that it released its Bibigo frozen Gimbap products at Woolworths, Australia's numb...