Korea's LifeSemantics establishes health functional food subsidiary

Korea's LifeSemantics establishes health functional food subsidiary

Digital healthcare company LifeSemantics Co. has entered the health functional food business by creating a new subsidiary, NutraSemantics. The South...

Samsung raises Rainbow Robotics stake, eyes management control

Samsung raises Rainbow Robotics stake, eyes management control

Samsung Electronics Co. is looking to own a controlling stake in Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant h...

LG Group Chairman Koo Kwang-mo sued over inheritance in family feud

LG Group Chairman Koo Kwang-mo sued over inheritance in family feud

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, has been sued over the distribution of inherited wealth, including a s...

AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab Inc., a computer security solutions provider in South Korea, announced on Thursday that its smartphone security solution "V3 Mobile Security"...

SentBe, back from brink of collapse to play in major league

SentBe, back from brink of collapse to play in major league

SentBe, a South Korean fintech startup operating a personal international remittance app of the same name, is readying to play in the bigger global ...

Korea’s sole foreign clinic operator CHA Healthcare to go public in 2025

Korea’s sole foreign clinic operator CHA Healthcare to go public in 2025

CHA Healthcare Co. operating nearly 90 hospitals and infertility treatment centers across the world, is set to pave the way for South Koreans' inves...

Lunit receives $1 mn in tech fees from Guardant Health of US

Lunit receives $1 mn in tech fees from Guardant Health of US

The US operations of South Korea's artificial intelligence (AI) medical company Lunit have received a major boost after the company got the green li...

Korea's AI startup Quantit attracts $23 mn Series A investment

Korea's AI startup Quantit attracts $23 mn  Series A investment

South Korea's artificial intelligence (AI) company Vaiv Company Inc. announced on Tuesday that Quantit, its fintech subsidiary, has received a 30 bi...

LG Elec-SM Ent JV to unveil beta home fitness app in March

LG Elec-SM Ent JV to unveil beta home fitness app in March

Fitness Candy, a joint creation by LG Electronics Inc. and SM Entertainment Co. to rival Apple Fitness Plus, is expected to unveil its beta service ...

Apple Pay's S.Korea debut as early as third week in March

Apple Pay's S.Korea debut as early as third week in March

Apple Pay, the mobile payment service by iPhone maker, is set to launch in as early as two weeks in South Korea, home to the world’s largest s...

Shilla Duty Free Shop selected as excellent partner by Changi Airport

Shilla Duty Free Shop selected as excellent partner by Changi Airport

The Shilla Duty Free Shop announced on Monday that it had received the Gold Award at the 2022 OneChangi App Awards held by Singapore's Changi Airpor...

S.Korea's Taekwang Industrial acquires ISO 45001 certification

S.Korea's Taekwang Industrial acquires ISO 45001 certification

Taekwang Industrial Co., a textile and petrochemical subsidiary of Taekwang Group, announced on Sunday that it has achieved ISO 45001 certification ...

Lotte Chairman to return to beverage unit's boardroom

Lotte Chairman to return to beverage unit's boardroom

Lotte Group Chairman Shin Dong-bin is slated to return as an inside director of Lotte Chilsung Beverage Co., the group’s subsidiary and one of...

Celltrion ex-Chairman Seo set to return to management; group stocks rally

Celltrion ex-Chairman Seo set to return to management; group stocks rally

South Korea’s biosimilar giant Celltrion Group’s founder and Honorary Chairman Seo Jung-jin is readying to return to management just two...

Hyundai's Namyang R&D Center acquires safety management certification

Hyundai's Namyang R&D Center acquires safety management certification

Hyundai Motor Group announced on Friday that the polymer materials analysis lab and the metal component analysis lab in the Basic Materials Research...

Kakao Healthcare to launch diabetes monitoring app

Kakao Healthcare to launch diabetes monitoring app

South Korea’s dominant mobile platform Kakao Corp. will kick off its healthcare services this year with the launch of a diabetes monitoring ap...

Korea's Innogrid wins contract for open cloud platform project

Korea's Innogrid wins contract for open cloud platform project

Innogrid Co., a South Korean company specializing in cloud computing and digital transformation, said on Thursday that it secured a three-year deal ...

SKC earns ISO 37001 certification for anti-corruption management

SKC earns ISO 37001 certification for anti-corruption management

SKC, the chemical materials unit of South Korea's second-largest conglomerate, announced on Thursday that it has received the ISO 37001 certificatio...

Kakao vows to thwart HYBE scheme for SM control

Kakao vows to thwart HYBE scheme for SM control

Kakao Corp., South Korea’s dominant mobile platform, said on Monday it would mobilize all possible countermeasures against HYBE Co. ’s a...

POSCO Chemical changes name to POSCO Future M

POSCO Chemical changes name to POSCO Future M

POSCO Chemical, a chemical subsidiary of the POSCO Group, announced on Friday that it had approved an agenda to change its company name to "POSCO Fu...

Korea’s LG CNS to enhance digital channel biz with Adobe

Korea’s LG CNS to enhance digital channel biz with Adobe

South Korea’s largest cloud computing service provider LG CNS Co. joined hands with US computer software company Adobe Inc. to improve its dig...

S.Korean investors eye VC, growth equity in tech: Adams Street

S.Korean investors eye VC, growth equity in tech: Adams Street

Many investors are questioning whether private markets will stay bullish amid uncertainty in 2023. The markets will continue to generate interesting...

Samyang to develop biomaterials for battery heat management

Samyang to develop biomaterials for battery heat management

South Korea’s Samyang Corp. signed a partnership agreement with local tech venture Nano Tim on Feb. 20 to jointly develop thermal interface ma...

S.Korea's Hanwha Asset Management staff protest personnel reshuffle

S.Korea's Hanwha Asset Management staff protest personnel reshuffle

Internal conflict is growing at South Korea's Hanwha Asset Management over the company's de facto restructuring of its fund management in the wake o...

Blind revamps job matching service to rival LinkedIn

Blind revamps job matching service to rival LinkedIn

Teamblind Inc., the developer of South Korea’s homegrown anonymous professional community app Blind, will reach out to a broader job-seeking p...

SK Enmove joins GRC's ElectroSafe Fluid Partner Program

SK Enmove joins GRC's ElectroSafe Fluid Partner Program

South Korea's SK Enmove Co. said on Monday it will participate in the ElectroSafe Fluid Partner Program run by US-based specialist company GRC, whic...

Korea's Cha Bio Group to expand overseas real estate business

Korea's Cha Bio Group to expand overseas real estate business

Cha Bio Group, consisting of Cha Biotech and Cha Vaccine Research Institute as its subsidiaries, has announced its expansion into the real estate in...

Kumho Tire establishes ESG committee under its board of directors

Kumho Tire establishes ESG committee under its board of directors

Kumho Tire Co. is intensifying its sustainable management efforts by establishing an environmental, social and governance (ESG) committee directly u...

Daesang Wellife signs contract with RexSoft for healthcare platform

Daesang Wellife signs contract with RexSoft for healthcare platform

South Korea's Daesang Wellife Corp. has inked a 2 billion won ($1.5 million) investment contract with local healthcare data science company RexSoft ...

Law firm's paper on SM: Trigger of SM Ent.'s management feud

Law firm's paper on SM: Trigger of SM Ent.'s management feud

On Jan. 19, SM Entertainment Co. founder and former Chief Producer Lee Soo-man received a 17-page document written by South Korea’s largest la...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation