Korean startup CEOs away from home lead global expedition

South Korea’s promising startup founders, who normally double as chief executive officers for their companies, are leaving their home turf to ...

Korean tire makers step up push into bigger, high-margin tires

South Korean tire makers are betting big on premium tires fitted for sports utility vehicles, full-size sedans and electric vehicles, after bigger a...

Korea’s Orion to ship bottled water to China to challenge Evian

Orion Holdings Corp., the holding company of South Korea’s confectionary and snack maker Orion Corp., is set to export bottled water to China,...

Manyo’s Pure Cleansing Oil to hit US Costco shelves in July

South Korea’s naturalism cosmetics company Manyo Co. has hit the jackpot in a deal to supply its best-selling face cleansing product, Pure Cle...

Hanwha Vision unveils cloud, AI security techs in US

South Korea's Hanwha Vision Co. announced on Friday that it participated in the International Security Conference & Exposition (ISC) 2024, the l...

Hyundai Wia targets Chile's advanced arms market

Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...

Samsung to produce 290-layer V9 NAND to win chip stacking war

Samsung Electronics Co., the world’s largest memory chipmaker, is set to begin mass production of 290-layer ninth-generation vertical (V9) NAN...

RVs, SUVs sweep top 4 spots in South Korea’s first-quarter auto sales

Recreational vehicles (RVs) and sport utility vehicles (SUVs) achieved an unprecedented feat by claiming the top four spots on the list of best-sell...

Korea leads global online shopping trend for used luxury goods

South Koreans are leading the trend of buying used luxury goods online with top-end products such as Rolex watches and Hermes bags among the hottest...

Doosan unveils advanced CCL lineup at US IT equipment exhibition

South Korea's Doosan Corp. announced on Tuesday that it will showcase its high-end copper-clad layer (CCL) lineup, applicable to memory, system semi...

Samsung C&T to build Korea’s first $103 mn hydrogen tank for power plant

Samsung C&T Corp., the construction and trading unit of South Korea’s Samsung Group, has clinched a 140 billion won ($103 million) deal to...

HD Hyundai Oilbank continues to fuel Superrace Championship

South Korea's HD Hyundai Oilbank announced on Monday that it will continue to exclusively supply fuel for the "2024 O-NE Superrace Championship," So...

Perigee, Hyundai Rotem to team up for SLV

South Korea's Perigee Aerospace Inc. announced on Monday that it signed a memorandum of understanding (MOU) with Hyundai Rotem Co. to expand its bus...

Aekyung AGE20's to launch cushion foundation in Japan

AGE20's, South Korean cosmetic company Aekyung Industrial Co. 's flagship cosmetic brand, announced that it held a new cushion foundation for a Japa...

LG Electronics logs record-high revenue in Q1 on B2B push

LG Electronics Inc. raked in its largest-ever quarterly revenue in the first quarter of this year, maintaining upward momentum after a stellar 2023,...

Korean big tech firms join Korea’s AI strategy council

The South Korean government has launched an artificial intelligence strategy council, jointly with domestic big tech firms such as Naver Corp. and K...

S-Oil gets int’l certification for SAF

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., announced on Thursday that it has achieved the International Sustainability and Carbon ...

S.Korea’s current account surplus near 3-year high on chips

South Korea’s current account surplus touched a near three-year high in February as goods exports continued to grow on strong overseas sales o...

CJ Foodville sees record-high operating profit in 2023

CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of bakery chain brand Tous les Jours saw a record-high operatin...

Hyundai Engineering, Trimble Solution to develop BIM

South Korea's Hyundai Engineering Co. announced on Wednesday that it partnered with Trimble Solution Korea to co-develop a building information mode...

SK Hynix to build advanced packaging plant in Indiana for $3.9 bn

SK Hynix Inc., the world’s leading high bandwidth memory (HBM) chip producer, will plow in $3.87 billion to build advanced packaging and resea...

Hyosung TNC to invest $1 bn in new bio-fiber plants in Vietnam

Hyosung TNC Corp., the world’s top spandex maker, plans to invest $1 billion in new bio-textile materials plants in Vietnam to accelerate its ...

Blight of failing e-commerce startups in South Korea

Linkshops, once touted as a future unicorn candidate in South Korea, declared bankruptcy last month even after garnering 15.4 billion won ($11.4 mil...

Samsung releases 43-inch Moving Stand

Samsung Electronics Co. announced on Tuesday that it launched the Moving Stand for 43-inch monitors, expanding its lineup following the release of 2...

LG Energy, GM’s 2nd Ultium Cells plant begins production in Tennessee

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Tuesday that the second plant of Ultium Cells LLC, a joint venture ...

SK Hynix, TEMC develop industry’s first neon gas recycling technology

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., and its South Korean partner TEMC Co., have jointly ...

SK Geo Centric, Youlchon Chemical to develop recyclable plastic

South Korea's SK Geo Centric Co. and Youlchon Chemical Co. announced on Sunday that they signed a memorandum of understanding (MOU) to co-develop re...

Money pours in for technology to reshape Korean restaurants

Investors are betting big on food service technology startups in South Korea as the adoption of self-service systems in the country’s food and...

Foreign buying of Korean stocks hit record high in Q1

Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...

Samsung establishes HBM team to up AI chip production yields

Samsung Electronics Co., the world’s No. 1 memory chipmaker, recently set up a high bandwidth memory (HBM) team within the memory chip divisio...