LG Elec to fend off challengers with tech supremacy: H&A Head Ryu   

LG Elec to fend off challengers with tech supremacy: H&A Head Ryu   

LG Electronics Inc., the South Korean home appliance giant that is also the world’s No. 1 home electronics seller, is sure it can hold its mar...

Corning stepping stone for Samsung's global leap: Chairman Lee

Corning stepping stone for Samsung's global leap: Chairman Lee

Their relationship dates back to 1973 when Samsung founder Lee Byung-chull and Amory Houghton Jr., then-chairman of Corning Inc., met to discuss a b...

Korea emerges as growth market, design hub for global brands

Korea emerges as growth market, design hub for global brands

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

NewJeans selected as global ambassador for Pepero

NewJeans selected as global ambassador for Pepero

Lotte Wellfood announced on Friday that it has appointed K-pop girl group NewJeans as the global ambassador for its iconic snack brand, Pepero. Know...

Corning produces ultra-thin bendable glass in Korea

Corning produces ultra-thin bendable glass in Korea

Corning Inc. has built its first integrated supply chain to produce next-generation, ultra-thin bendable glass in South Korea, where it plans to inv...

WEMIX listed on US virtual asset exchange Tapbit

WEMIX listed on US virtual asset exchange Tapbit

South Korean game publisher WeMade Co. announced on Thursday that its cryptocurrency WEMIX will be listed on the US cryptocurrency exchange Tapbit.&...

Shinhan Securities handles listing of private hospital in Indonesia

Shinhan Securities handles listing of private hospital in Indonesia

Shinhan Investment & Securities announced on Thursday that its local subsidiary in Indonesia has organized the listing of private hospital RSCH ...

LG CNS to develop GenAI market with Google Cloud

LG CNS to develop GenAI market with Google Cloud

South Korea’s largest cloud computing service provider LG CNS has formed a generative artificial intelligence (GenAI) alliance with Google Clo...

Samsung’s connectivity vs. LG’s sustainability at IFA 2023

Samsung’s connectivity vs. LG’s sustainability at IFA 2023

BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...

NPS logs 9.1% return in H1 2023; recovered from loss in 2022

NPS logs 9.1% return in H1 2023; recovered from loss in 2022

National Pension Service (NPS) of South Korea achieved a 9.1% return on investment during the first half of this year, with assets under management ...

Webcash launches WeBill 365 in Cambodia

Webcash launches WeBill 365 in Cambodia

South Korea's Webcash Co. has launched its specialized billing solution "WeBill 365" in Cambodia."WeBill 365 maximizes convenience and efficiency fo...

Hyundai E&C ranks 11th on global construction market

Hyundai E&C ranks 11th on global construction market

South Korea’s Hyundai Engineering & Construction on Tuesday said it ranks 11th in the world in overseas sales in the annual rankings of ...

K-pop rookies, fresh boost for Korean entertainment stocks

K-pop rookies, fresh boost for Korean entertainment stocks

South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...

Smilegate to launch video communication service

Smilegate to launch video communication service

The face on a video call screen changes into a game character, making the conversation fun. This is the main function of P.Pool, a video communicati...

Virtual bands, emerging stars to fuel global K-pop craze

Virtual bands, emerging stars to fuel global K-pop craze

Virtual bands have emerged as new stars to accelerate the K-pop craze across the world. An artificial girl quartet attracted more than 25 million vi...

Kia unveils design of EV5, its first China-made global electric car

Kia unveils design of EV5, its first China-made global electric car

Kia Corp., South Korea’s second-largest automaker, on Friday unveiled the design of the EV5, its first China-made all-electric vehicle that th...

Naver eyes global market with new LLM HyperCLOVA X

Naver eyes global market with new LLM HyperCLOVA X

Naver Corp., the South Korean online platform giant, has finally debuted its upgraded large language model (LLM) HyperCLOVA X, its new pillar busine...

LG aims to capture 50% of global luxury car display market by 2026

LG aims to capture 50% of global luxury car display market by 2026

LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...

CJ's Bibigo launches new global campaign

CJ's Bibigo launches new global campaign

South Korean food giant CJ CheilJedang Corp.'s flagship brand Bibigo is engaging with consumers worldwide through a new campaign. The company announ...

Schindler-invested Hyundai Elevator faces S.Korean activism

Schindler-invested Hyundai Elevator faces S.Korean activism

South Korea’s Hyundai Elevator Co., the No. 2 shareholder of which is Schindler Holding AG, has faced a request from a local activist investor...

Mirae Asset Securities exceeds $3 bn in overseas equity

Mirae Asset Securities exceeds $3 bn in overseas equity

Mirae Asset Securities Co. said on Tuesday it owns more than 4 trillion won ($3 billion) of equity capital in overseas operations as of June 30 of t...

Hanmi Pharm to start global clinical trials for immune-oncology drug

Hanmi Pharm to start global clinical trials for immune-oncology drug

South Korea's Hanmi Pharmaceutical Co. announced on Tuesday that it has received approval for the phase 1 clinical trial plan of the immune-oncology...

Young Poong, Lotte Global Logistics to form battery recycling supply chain

Young Poong, Lotte Global Logistics to form battery recycling supply chain

South Korea’s non-ferrous metal company Young Poong Co. has teamed up with Lotte Global Logistics Co. to form a supply chain system for recycl...

Samsung, LG Electronics top 2 global TV makers in H1

Samsung, LG Electronics top 2 global TV makers in H1

Samsung Electronics Co. and LG Electronics Inc., two South Korean tech giants, respectively achieved the No. 1 and No. 2 spots in the global TV set ...

MXene: Korean investors’ next target after superconductor craze fizzles

MXene: Korean investors’ next target after superconductor craze fizzles

Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...

LX Pantos, POSCO Flow to cooperate in global logistics

LX Pantos, POSCO Flow to cooperate in global logistics

South Korea’s LX Pantos Logistics and POSCO Flow, formerly POSCO Terminal, will strengthen their cooperation in logistics for secondary batter...

SK Telecom expands its Web3 ecosystem

SK Telecom expands its Web3 ecosystem

South Korea's SK Telecom Co. has joined hands with Polygon Labs, a New York-based global blockchain company, to expand its Web3 ecosystem.Both compa...

Celltrion to merge with global sales affiliate by end-2023

Celltrion to merge with global sales affiliate by end-2023

South Korean pharmaceutical giant Celltrion Group has begun procedures to merge biopharmaceuticals developer and producer Celltrion Inc. with global...

Korea's superconductor stocks plunge on Nature report

Korea's superconductor stocks plunge on Nature report

South Korean research team’s LK-99, behind the online sensation following its claim of room-temperature superconductor over the past four week...

HMM wins top ESG rating among global shipping companies

HMM wins top ESG rating among global shipping companies

South Korea’s No. 1 container transportation and shipping service HMM Co. has secured the premier position in global shipping for its environm...

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders SK Innovation to restore Vietnam’s mangrove forests in ESG initiative LG Electronics' Q2 profit halves as US tariffs bite