Hyundai Engineering completes Long Son plant project in Vietnam

Hyundai Engineering completes Long Son plant project in Vietnam

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...

Vietnam to get its first Korean-style industrial complex

Vietnam to get its first Korean-style industrial complex

A groundbreaking ceremony was held Friday for Vietnam's first Korean-style industrial complex, to be built in the country's northern Hung Yen Provin...

Samsung to make 3 nm chips for Nvidia, Qualcomm, IBM, Baidu

Samsung to make 3 nm chips for Nvidia, Qualcomm, IBM, Baidu

Samsung Electronics Co., the world’s largest memory chipmaker, will make semiconductors with the industry’s most advanced 3-nanometer pr...

Korea, US to work on Busan-Seattle green cargo shipping corridor

Korea, US to work on Busan-Seattle green cargo shipping corridor

South Korea and the US are looking to create a green cargo shipping corridor linking the port of Busan with the ports of Seattle and Tacoma as part ...

GS Caltex to enter carbon capture, utilization and storage sector

GS Caltex to enter carbon capture, utilization and storage sector

South Korea's oil refining and energy giant GS Caltex has teamed up with leading domestic companies in their respective fields to enter the carbon c...

Fast-shrinking chip lead time clouds semiconductor industry’s future

Fast-shrinking chip lead time clouds semiconductor industry’s future

The global semiconductor industry has been plagued by a chip shortage for a couple of years with automakers and other manufacturers struggling to se...

S-Oil to OK $6 billion Shaheen project as Saudi prince heads to Seoul

S-Oil to OK $6 billion Shaheen project as Saudi prince heads to Seoul

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will approve the much-touted 8 trillion won ($6 billion) Shaheen project to expand its ...

South Korea’s biggest startup event ComeUp 2022 kicks off in Seoul 

South Korea’s biggest startup event ComeUp 2022 kicks off in Seoul 

South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...

SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips

SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...

Samsung’s new NAND boasts industry’s highest storage capacity

Samsung’s new NAND boasts industry’s highest storage capacity

Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass producing its latest NAND chip, which features the industry&rsqu...

Samsung fast-forwards digital transformation of its chip business

Samsung fast-forwards digital transformation of its chip business

South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...

Dongwon Industries reborn as holdings company after 53 years

Dongwon Industries reborn as holdings company after 53 years

Korea's seafood giant Dongwon Industries on Wednesday said its completed merger with Dongwon Enterprise has given their parent Dongwon Group a new h...

Germany’s MBraun, Korean university to co-work on solar cells: CEO

Germany’s MBraun, Korean university to co-work on solar cells: CEO

MBraun, an affiliate of Germany’s Indus Holdings AG, plans to invest 1 billion won ($702,000) in a South Korean university as part of a deal t...

Samsung smartphone shipments down 7.4% in Q3; outlook dim

Samsung smartphone shipments down 7.4% in Q3; outlook dim

Samsung Electronics Co. suffered a drop in smartphone shipments during the third quarter on weak demand, adding to concerns over the sector’s ...

SK Hynix eyes DDR5 dominance with industry’s fastest chip modules

SK Hynix eyes DDR5 dominance with industry’s fastest chip modules

SK Hynix Inc., the world’s second-largest memory chipmaker, is aiming to secure market dominance for a next-generation DRAM chip called DDR5 b...

Korea’s KHNP likely to sign nuclear power plant deal with Poland

Korea’s KHNP likely to sign nuclear power plant deal with Poland

Korea Hydro and Nuclear Power Co. (KHNP) is expected to sign an initial agreement to build a nuclear power plant in Poland, separate from a three-wa...

Samsung, Qualcomm unveil industry’s fastest LPDDR5X DRAM chip

Samsung, Qualcomm unveil industry’s fastest LPDDR5X DRAM chip

South Korean tech giant Samsung Electronics Co. said on Tuesday it has successfully proved the performance of its latest LPDDR5X DRAM on Qualcomm Te...

Hansol Group, KAIST to launch new tech, AI research center

Hansol Group, KAIST to launch new tech, AI research center

South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...

US to allow Samsung, SK Hynix to import to China for 1 year

US to allow Samsung, SK Hynix to import to China for 1 year

The Biden administration has decided to allow Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, to import ...

LG fridges, TVs to leverage embedded AI to distinguish human voices

LG fridges, TVs to leverage embedded AI to distinguish human voices

LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, has unveiled a new speaker identification techn...

SK Telecom expands business portfolio with quantum tech

SK Telecom expands business portfolio with quantum tech

South Korea’s top mobile carrier SK Telecom Co. is expanding its business portfolio with quantum technology, even into industries that are unr...

Korean fintech sector struggles amid liquidity drought

Korean fintech sector struggles amid liquidity drought

A three-year-old South Korean fintech company is having trouble raising money through a Series B funding round as investor sentiment on the sector h...

Korea's SG Private Equity to buy local industrial gas supplier

Korea's SG Private Equity to buy local industrial gas supplier

South Korea’s SG Private Equity is set to acquire local industrial gas supplier Hankook Special Gases Co. for a deal in the early 100 billion ...

Korea lags peer nations in robot industry

Korea lags peer nations in robot industry

South Korea’s competitiveness in the robot industry is among the world’s lowest even though the country is one of the largest buyers of ...

Samsung goes green as it eyes clean tech supremacy across supply chain

Samsung goes green as it eyes clean tech supremacy across supply chain

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, said on Thursday it is aiming to power its entire operations wit...

POSCO may need months to normalize typhoon-hit steel mill

POSCO may need months to normalize typhoon-hit steel mill

POSCO, the world’s sixth-largest steelmaker, is expected to need months to resume full operations of its typhoon-hit plant, which makes up a q...

Biden’s move to beef up US bio industry poses threat to Korean firms

Biden’s move to beef up US bio industry poses threat to Korean firms

President Joe Biden’s plan to support the US biomanufacturing infrastructure aimed at containing China’s clout is posing a threat to Sou...

DB HiTek develops automotive power semiconductor tech

DB HiTek develops automotive power semiconductor tech

DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...

Samsung C&T ties up with Korean firms for hydrogen biz

Samsung C&T ties up with Korean firms for hydrogen biz

Samsung C&T Corp., the construction and trading arm of Samsung Group, has joined forces for the clean hydrogen businesses with South Korean comp...

South Korean government slashes fund of funds budget by 40% on-year

South Korean government slashes fund of funds budget by 40% on-year

The South Korean government is facing a backlash from the startup and venture capital sectors after slashing next year’s fund of funds budget....

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race