GM Korea begins mass production of Trax crossover

General Motors Korea announced on Sunday that it celebrated the start of mass production of the Chevrolet Trax Crossover, a new utility vehicle, at ...

S.Korea’s LG Uplus, Dell to develop open RAN platform tech

South Korea’s third-largest mobile carrier LG Uplus Corp. and global IT giant Dell Technologies are set to jointly develop an open radio acces...

Samsung, SK Hynix face cap on tech level of chips made in China

WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...

Samsung introduces Neo QLED, OLED core technologies in Europe

Samsung Electronics Co. announced on Friday about hosting the 2023 European Tech Seminar in Frankfurt, Germany, for two days from the previous day.T...

Com2Verse, Microsoft sign agreement for metaverse cooperation

Com2Verse, a subsidiary of the metaverse division of Com2uS Studios, announced on Friday its collaboration with Microsoft Korea for the development ...

OLED tech leads trends on premium TV market

Organic light-emitting diode (OLED) products account for over 30% of the global premium TV market, attesting to the technology's emergence as the st...

Dongwon solo bidder for Boryung Biopharma estimated at $385 mn

South Korea’s leading seafood and logistics conglomerate Dongwon Group is seeking to buy local biopharmaceutical company Boryung Biopharma Co....

KAIST, Hyundai sign agreement for high-speed self-driving research

The Korea Advanced Institute of Science & Technology (KAIST) announced that it would embark on research into high-speed autonomous driving techn...

SK Networks to expand investment in tech firms for future growth

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, will expand direct funding for tech ...

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung Electronics Co. announced on Thursday that it has successfully completed the opening of a 5th-generation mobile communications (5G) pilot ne...

Hanwha Aerospace secures tech to catch illegal drones using nets

South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...

S.Korea to spur defense sector tech with $1.5 bn R&D investment

South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...

Hyundai Motor begins Genesis GV70 EV production in US

Hyundai Motor Co. has commenced production of the Genesis GV70 electric vehicle in the United States. This marks the first locally produced vehicle ...

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...

SK Materials joins forces with ExxonMobil in blue ammonia sector

South Korea's SK Materials will enter the blue ammonia market in partnership with global energy giant ExxonMobil.SK Materials on Wednesday said it s...

Ford, LG Energy to build Turkey EV battery plant for Europe

US automaker Ford Motor Co. and South Korean battery manufacturer LG Energy Solution Ltd. are targeting the electric commercial vehicle sector in Eu...

S.Korea sees first decline in household loans in 20 years

Household loans in South Korea last year fell from 2021 for the first time in 20 years because of high interest rates, but credit card debt hit a re...

Samsung, LG ditch BOE in likely Apple deal for iPad Pro OLED panels

Samsung Display Co. and LG Display Co. will likely win orders from Apple Inc. to build organic light-emitting diode (OLED) displays for the US tech ...

SK On resumes Ford F-150 Lightning battery production line

SK On Co., the world’s fifth-largest battery maker, on Monday resumed operations of the cell production line for Ford Motor Co.’s electr...

Samsung eyes wider foundry client base with Ambarella deal

Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it will manufacture automotive chips for US chip designer Ambar...

Hanwha expects high-stakes US solar projects to pay off

South Korea’s chemicals-to-construction conglomerate Hanwha Group expects its high-stakes solar energy business to pay off amid industry forec...

Network usage fees likely to take center of debate at MWC2023

Major participants in the mobile world congress (MWC) 2023 such as Google Inc. and Netflix Inc. are expected to discuss telecommunications network f...

POSCO ICT to be rebranded as POSCO DX for digital transformation

POSCO ICT Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Sunday that it will rebrand itself as POSCO D...

Avikus unveils self-sailing leisure vessel tech NeuBoat at US ship event

Avikus, an autonomous ship navigation affiliate of South Korea's shipbuilding, heavy equipment, machine and petroleum giant HD Hyundai Co., on Sunda...

Chip designers in high demand despite industry slowdown

The semiconductor industry is reeling from a chip supply glut amid a broader global economic slowdown. However, as the saying goes, every cloud has ...

Samsung launches Galaxy S23 series in 55 markets worldwide

Samsung Electronics Co. announced on Friday the release of its latest flagship smartphone, the Galaxy S23 series, in 55 markets around the world, in...

S.Korea's battery industry looks for staff fluent in European languages

South Korea's battery companies are seeking human resources fluent in the languages and familiar with the cultures of countries where plants are loc...

S.Korea's Kakao Enterprise introduces Matching 2.0 strategy

Kakao Enterprise, a leading IT platform business operator in South Korea, recently announced its "Matching 2.0" strategy to enhance the quality of s...

Korean shipbuilding, defense sectors offer bright 2023 outlook

South Korea’s major companies in shipbuilding, defense and construction industries expect strong earnings this year, despite growing concerns ...

S.Korea to lure global talent with high pay for space agency

South Korea is set to attract global talent with high salaries for a planned government space agency as the country aims to boost long-term growth i...