S.Korea, Indonesia to bolster high-tech partnership

S.Korea, Indonesia to bolster high-tech partnership

JAKARTA, Indonesia -- South Korea and Indonesia have affirmed their commitment to expanding the scope of business cooperation from high tech to food...

POSCO to lead Korea-Australia hydrogen, minerals partnership

POSCO to lead Korea-Australia hydrogen, minerals partnership

POSCO Group, South Korea’s largest steelmaker, will lead the country's efforts to cement a partnership with Australia in a broader range of ar...

High price, quality issues slow Kia EV9 sales in Korea

High price, quality issues slow Kia EV9 sales in Korea

Kia Corp., South Korea’s No. 2 automaker, is struggling to sell its flagship large all-electric sport utility vehicle EV9 at home as high pric...

SK C&C, Yonsei Univ. to develop digital manufacturing experts

SK C&C, Yonsei Univ. to develop digital manufacturing experts

South Korea's digital solutions provider SK C&C will open a master’s degree program at Yonsei University in Seoul to develop experts in di...

Samsung launches high-performance SSD 990 Pro 4TB

Samsung launches high-performance SSD 990 Pro 4TB

Samsung Electronics Co. announced on Thursday that it is set to release a 4-terabyte (TB) SSD in its high-performance 990 Pro series. The SSD is des...

Aramco, PIF chief to meet key South Korean figures this week

Aramco, PIF chief to meet key South Korean figures this week

Yasir Othman Al-Rumayyan, chairman of the world’s top oil company Saudi Arabian Oil Co. (Aramco) and governor of the kingdom’s sovereign...

India, LG’s land of promise with young, rich population

India, LG’s land of promise with young, rich population

NOIDA, India -- LG Electronics Inc., the leading global home appliance maker, plans to build a new electronics plant in India to cement its dominant...

Samsung narrows gap with TSMC in foundry market share

Samsung narrows gap with TSMC in foundry market share

South Korea’s Samsung Electronics Co. has narrowed its market share gap with foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), pos...

China, beneficiary of Korea’s surging EV cell material exports

China, beneficiary of Korea’s surging EV cell material exports

South Korea’s exports of cathodes for secondary batteries are surging with the booming electric vehicle industry, but the country’s trad...

Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high

Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high

Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...

S.Korea's Posco International secures graphite in Africa

 S.Korea's Posco International secures graphite in Africa

South Korea's POSCO International Corp. is broadening its footprint in Africa's secondary battery raw material sector, with plans to secure an annua...

Hyundai Motor unveils N brand’s first EV IONIQ 5 N

Hyundai Motor unveils N brand’s first EV IONIQ 5 N

Hyundai Motor Co. on Monday announced the launch of its first-ever high-performance electric vehicle (EV) of its N brand, the IONIQ 5 N.The new EV b...

Samsung Welstory unveils robots for company cafeterias

Samsung Welstory unveils robots for company cafeterias

South Korean food and beverage company Samsung Welstory Inc. is forming a robotic process automation (RPA) ecosystem in the food service sector. In ...

SK On unveils new material to improve EV battery capacity

SK On unveils new material to improve EV battery capacity

SK On Co., the world’s fifth-largest electric vehicle cell maker, has unveiled a new material to improve its competitiveness in the solid-stat...

Hyundai to invest $398 mn in Korea Zinc for battery materials

Hyundai to invest $398 mn in Korea Zinc for battery materials

Hyundai Motor Group, the global No. 3 automaker, is set to invest $398 million in Korea Zinc Inc., the world’s top lead and zinc smelter, for ...

Samsung releases SD card brand highly resistant to water, drops

Samsung releases SD card brand highly resistant to water, drops

Samsung Electronics Co. on Tuesday said its new Pro Ultimate line of secure data (SD) cards features enhanced speed and stability.The brand’...

SK Chemicals wins APR certification for five recyclable materials

SK Chemicals wins APR certification for five recyclable materials

South Korea's SK Chemicals announced on Tuesday that five of its recyclable materials, which are used for packaging in the cosmetic, food, and bever...

LG Electronics to showcase high-efficiency appliances in Europe

LG Electronics to showcase high-efficiency appliances in Europe

LG Electronics Inc. is targeting the European market by releasing home appliances that exceed the highest grades of energy efficiency.The company on...

Koreans' Japanese yen savings hit record high in July

Koreans' Japanese yen savings hit record high in July

South Korean investors continued gobbling up the Japanese currency, which has remained weak against the Korean currency after retreating from a one-...

Schindler-invested Hyundai Elevator faces S.Korean activism

Schindler-invested Hyundai Elevator faces S.Korean activism

South Korea’s Hyundai Elevator Co., the No. 2 shareholder of which is Schindler Holding AG, has faced a request from a local activist investor...

DK&D to develop green artificial leather with Chinese partner

DK&D to develop green artificial leather with Chinese partner

DK&D Co., a South Korean maker of synthetic leather, on Tuesday said it signed a memorandum of understanding with Chinese eco-friendly non-woven...

Samsung set to supply HBM3, packaging services to AMD

Samsung set to supply HBM3, packaging services to AMD

South Korea’s Samsung Electronics Co., the world’s top memory chipmaker is poised to provide its high bandwidth memory (HBM) chips and t...

Ildong Pharma to export high blood pressure treatment to China

Ildong Pharma to export high blood pressure treatment to China

South Korea's Ildong Pharmaceutical Co. on Tuesday said it will export benidipine hydrochloride, a raw material used in the treatment of high blood ...

Fans of Supreme rush into the label's 1st Korean store

Fans of Supreme rush into the label's 1st Korean store

The US street fashion brand “Supreme,” which has a global fandom with a brand name written in white in a red box, opened its first store...

MXene: Korean investors’ next target after superconductor craze fizzles

MXene: Korean investors’ next target after superconductor craze fizzles

Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...

Doosan Enerbility to produce aviation gas turbine with ADD

Doosan Enerbility to produce aviation gas turbine with ADD

South Korea’s power plant builder Doosan Enerbility Co. announced on Monday that it signed a contract with the Agency for Defense Development ...

LX Pantos, POSCO Flow to cooperate in global logistics

LX Pantos, POSCO Flow to cooperate in global logistics

South Korea’s LX Pantos Logistics and POSCO Flow, formerly POSCO Terminal, will strengthen their cooperation in logistics for secondary batter...

POSCO Future M to produce nickel for cathodes in the Philippines

POSCO Future M to produce nickel for cathodes in the Philippines

South Korean battery materials maker POSCO Future M Co. is set to produce nickel in the Philippines to boost its cathodes supplies and improve profi...

EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada

 EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada

EcoPro BM Co., South Korea’s leading battery material producer, will invest $886 million jointly with SK On Co. and Ford Motor Co. to build a ...

LG Electronics cuts H1 costs by $1.6 billion on stable supply chain

LG Electronics cuts H1 costs by $1.6 billion on stable supply chain

LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit