Air Premia posts first-ever quarterly profit

Air Premia Inc., a South Korean budget carrier, on Thursday reported its first-ever quarterly profit in the third quarter of this year, fueled by a ...

CJ CheilJedang develops microwave-safe coated paper with PHA

South Korean food company CJ CheilJedang Corp. announced on Monday that it developed a compostable coated paper technology using the biodegradable b...

S.Korea to develop Batam airport as Indonesia's air hub

BATAM – State-run Incheon International Airport Corp. (IIAC) is accelerating the growth of Hang Nadim International Airport in Batam, Indonesi...

Korean Air, LX Pantos sign SAF business agreement

Korean Air Lines Co. signed on Monday a memorandum of understanding (MOU) for sustainable aviation fuel (SAF) business with LX Pantos Co. This MOU i...

Samsung Med. Center achieves Korea's first uterine transplantation

The first successful case of uterine transplantation surgery in Korea has been reported, with the patient currently preparing for pregnancy. Samsung...

Hanyang, Air Products to co-work for green ammonia

South Korea's Hanyang Corporation announced on Thursday it signed a memorandum of understanding (MOU) with the US industrial gas company Air Product...

SK Telecom verifies AI server liquid immersion cooling tech

South Korea's SK Telecom Co. announced on Tuesday that it has successfully verified the liquid immersion cooling technology, a next-generation Inter...

Hyundai Motor's K-UAM One Team collaborates with Incheon

The "K-UAM One Team," an urban air mobility (UAM) consortium consisting of five companies, including Hyundai Motor, has announced that it signed a m...

LG Elec to open heat pump research laboratory in Alaska

LG Electronics Inc. plans to open LG Advanced Cold Climate Heat Pump Laboratory in Alaska, the US for the development of heating, ventilation, &...

Asiana Airlines to sell cargo business for merger with Korean Air

Asiana Airlines Inc. on Thursday decided to carve out its lucrative cargo business, clearing a major hurdle to its merger with bigger rival Korean A...

LG Uplus completes second hyperscale data center

South Korea’s telecommunications company LG Uplus Corp. on Thursday announced the completion of a hyperscale data center – its second --...

SK Enmove, Hanwha Aerospace to develop ESS for vessels

South Korea’s lubricating oil maker SK Enmove Co. and defense industry company Hanwha Aerospace Co. will jointly develop energy storage syst...

Korea’s antitrust body grants conditional OK to Broadcom-VMware deal

South Korea’s antitrust regulator on Monday granted conditional approval for US smartphone components maker Broadcom Inc.’s proposed pur...

Pablo Air secures $15.5 mn in pre-IPO investment

Pablo Air Co. Ltd., a specialized drone control company, announced on Friday that it has attracted an investment of 21 billion won ($15.5 million) i...

Air Premia mulls $110 mn rights offer for more long-haul flights

South Korean low-cost carrier (LCC) Air Premia Inc. will make a decision on a rights offering worth up to 150 billion won ($110.4 million) at a boar...

Hyundai’s Supernal, Kia showcase flying car, military drones at ADEX 2023

South Korea’s top automaker Hyundai Motor Group is showcasing the concept of its electric flying car and hydrogen-powered military drones unde...

Korean Air to showcase UAVs at ADEX 2023

Korean Air Lines Co. will participate in the "Seoul Aerospace & Defense Exhibition 2023" (ADEX 2023) taking place at Seoul Air Base in Seongnam,...

KT, Hyundai Livart to pursue DX in home interior

South Korea’s KT Corp. and furniture and interior company Hyundai Livart Furniture are pursuing Premium Interior Digital Transformation (DX), ...

CJ ENM launches AI sound source service

South Korean entertainment giant CJ ENM Co. introduced "Viodio: CJ ENM Air," an AI sound source service that makes it easy to utilize AI-generated m...

S.Korea’s Gopizza to open branch at Singapore Changi airport

South Korean food tech startup Gopizza, known for its single-serving pizza prepared by robots, on Tuesday said it will open a branch on Nov. 1 at Si...

Korean Air may give up Asiana’s cargo business, 4 routes for EU approval

Korean Air Lines Co. may give up the cargo business of Asiana Airlines Inc. and four of its lucrative routes in Europe in an all-in bet as the marri...

Doosan Enerbility, KWP to advance power generation tech

South Korea's heavy industrial company Doosan Enerbility Co. and the government-owned Korea Western Power Co. (KWP) will jointly streamline domestic...

Kolmar Global launches hangover reliever Condition in Singapore

South Korea's Kolmar Global, a subsidiary of Kolmar Korea Holdings, on Monday said it exported the domestic hangover reliever brand Condition to Sin...

Hanwha Aerospace to develop engine materials for military UAVs

South Korea’s Hanwha Aerospace Co. on Wednesday said the Korea Research Institute for Defense Technology Planning and Advancement has named th...

Shinhan Card collaborates with Singapore Air

Shinhan Card announced on Thursday that it has launched the "Singapore Airlines KrisFlyer the Best Shinhan Card" through a strategic partnership wit...

Kyochon, Pablo Air to collaborate for commercializing drone delivery

South Korea's fried chicken chain Kyochon F&B announced on Wednesday that it signed a memorandum of understanding (MOU) with the drone logistics...

POSCO E&C, LG to develop customized home appliances for remodeling

South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperat...

LG Electronics to unveil new washer-dryer combo

LG Electronics Inc. will soon roll out a new and improved washer-dryer combo.The company on Monday said it will unveil the LG Signature Washer-Dryer...

Baby Shark to be aired in Indonesia through RTV

South Korea's The Pinkfong Company, popularly known for its "Baby Shark" character, recently inked a memorandum of understanding (MOU) with RTV, Ind...

Amorepacific gets certification for memory-enhancing ingredients

South Korea's Amorepacific Corp. announced on Thursday that it has received New Excellent Technology (NET) certification from the Ministry of Agricu...