Duty-free shops at Incheon International Airport eager to lure boutiques
Duty-free shops at Incheon International Airport, South Korea’s main gateway, are fiercely competing to lure luxury brand boutiques to their o...
Korea reclaims top spot in global shipbuilding orders in February
South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...
LG Elec showcases EV chargers optimized for various spaces
LG Electronics Inc. on Wednesday unveiled its electric vehicle charging solutions optimized for homes, commercial spaces and charging stations at 20...
Galaxy S24 Ultra named top phone in US
Samsung Electronics Co. 's latest flagship AI phone model the Galaxy S24 Ultra has secured the top position in the smartphone evaluation by the US C...
Hyundai Movex to supply smart logistics for EcoPro BM Canada plant
South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, announced on Wednesday that it signed a 20 bil...
Lotte Chemical, CIP to join hands on ammonia projects
South Korea’s Lotte Chemical Corp. has reached a preliminary agreement with Copenhagen Infrastructure Partners (CIP) to purchase and sell blue...
Seoul Semiconductor sues Amazon Europe for LED patent infringement
South Korea’s Seoul Semiconductor Co. said on Tuesday it had filed a complaint against multinational commerce giant Amazon with the European U...
Korean EV battery makers to unveil tech for industry recharge
South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...
Hyundai’s IONIQ 6: Most efficient electric vehicle in US
Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the most energy-efficient vehicle in the US, further driving the South Korean automaker&rs...
Samsung, LG Electronics sweep honors at iF Design Awards 2024
Samsung Electronics Co. and LG Electronics Inc. have taken home the most trophies among nominees at iF Design Awards 2024, setting a benchmark in de...
Mubadala ties up with Korea’s Woori for global investments
Mubadala Investment Co., Abu Dhabi’s sovereign wealth fund, has joined hands with Woori Financial Group, South Korea’s fourth-largest fi...
S.Korea’s fashion brand Time to debut at Paris Fashion Week
Time, South Korea’s best-selling women’s fashion brand which is owned by Handsome Corp., will participate in Paris Fashion Week fall/w...
SK Telecom sees rise of personal AI assistants as game changer
BARCELONA – SK Telecom Co., South Korea’s top mobile carrier, sees the emergence of personal artificial intelligence assistants as a gam...
HL Mando listed in S&P Sustainability Yearbook 2023
HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea’s HL Group, announced on Tuesday that it has been i...
Softbank to join SK Telecom-led global AI joint venture
BARCELONA -- Japan’s SoftBank Group Corp. tied up with major global telcos such as South Korea’s top mobile carrier SK Telecom Co. and E...
POSCO International to build motor core plants in Poland, Mexico
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., said on Monday it will build new trac...
Kia Niro surpasses 1 million global sales
Kia Corp.'s Niro, a compact crossover SUV hybrid and electric vehicle (EV) model, has surpassed the 1 million global sales milestone since its first...
EV battery makers' silicon anode demand set for take-off
The global market of silicon anode, a lithium-ion battery component garnering attention due to its higher energy capacity and faster charging than g...
AIMMO’s global push gains speed with US foray
South Korean AI-powered data solution-providing startup AIMMO Inc. is expediting its global push with an aggressive advance into the US market, wher...
Tobacco maker KT&G names its COO as final CEO candidate
South Korea’s KT&G Corp., the world’s leading tobacco maker, appointed its Chief Operating Officer Bang Kyung-man as the final candi...
Samsung to unveil Galaxy Fit3 in global market
Samsung Electronics Co. announced on Thursday that it will release its new fitness band, the Galaxy Fit3. The device features an expansive 40mm di...
Mirae Asset taps Goldman veteran O’Connor as Global X ETFs CEO
South Korea’s Mirae Asset Global Investments Co. said on Wednesday it has appointed Ryan O’Connor, a Goldman Sachs veteran, as chief exe...
KT to participate in MWC 2024 with five Korean startup partners
South Korea’s KT Corp. announced on Tuesday that it will participate in the world's largest mobile exhibition MWC 2024 to be held in Barcelona...
India equity funds top overseas stock funds in S.Korea
India equity funds registered in South Korea have doubled their investors' wealth over the past five years, luring high-net-worth individuals lookin...
SK On seeks up to $1.5 billion in new funding
SK On Co., a South Korean electric vehicle battery maker, is seeking to raise up to 2 trillion won ($1.5 billion) to step up facility investments, b...
Global property market plunge hits Korean financial firms
South Korean financial service companies are seeing increased losses in global real estate amid the commercial property value plunge and concerns ar...
SK On to expand workforce for 4680 cylindrical batteries
SK On Co., the world’s fifth-largest electric vehicle battery maker, is set to increase its workforce for large-size cylindrical batteries wit...
S.Korean refiners’ competition in EV lubricants sector intensifies
Refiners in South Korea are in a race to expand their presence in the electric vehicle lubricants market through overseas production facilities and ...
SK Biopharm targets $311 mn for Cenobamate US sales
South Korea's SK Biopharmaceuticals targeted 416 billion won ($311 million) for its epilepsy treatment Cenobamate in the US market this year. SK Bi...
Sindoh to tap ex-STIC Investments exec Seo as CEO, spur M&As
Sindoh Co., a leading manufacturer of multi-functional printers in South Korea, is set to tap an investment banking expert as its chief executive. W...
