Hyundai Steel to pull out of stainless steel market
Hyundai Steel Co. has decided to close its stainless steel-making plant in Incheon, South Korea, pulling out of the market amid a flood of Chinese-m...
S.Korea's Cosmax wins halal award in Indonesia
Cosmax Inc., a South Korean original development manufacturer (ODM) of global cosmetics that also does research and development in the field, has wo...
Daesang opens Jongga kimchi pop-up store in London
South Korean food maker Daesang Corp. has launched a pop-up store for its kimchi brand called Jongga in London, UK, the company announced on Wednesd...
Samsung to launch Galaxy S23 FE as early as October
Samsung Electronics Co. is slated to release the Galaxy S23 Fan Edition (FE), a cheaper model than those in the high-end Galaxy S23 series, as early...
Foreign visitors' portion of Jeju Island consumption increases: report
It has been revealed that spending by foreign tourists visiting Jeju Island has significantly increased since the end of the COVID-19 pandemic.Accor...
KAI's FA-50 participates in NATO Days 2023
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Monday that its FA-50GF light fighter expor...
NHN Commerce to expand into Chinese market with Xinxuan
NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with China's leadi...
LG’s FAST drive to combat TV set market slowdown
South Korea’s electronics giant LG Electronics Inc. is upending its TV business strategy by betting even bigger on software and content to off...
Hyundai Motor eyes purpose-built vehicle market entry
Hyundai Motor Co. has launched a task force team to study its foray into the purpose-built vehicle (PBV) market, in which its sister company Kia Cor...
Samsung releases The Wall for virtual production in Europe
Samsung Electronics Co. announced on Friday that it unveiled "The Wall for Virtual Production" at IBC 2023, the world's largest trade fair for elect...
Coupang to host business briefing on Taiwan market entry
South Korea's e-commerce leader Coupang Inc. announced on Friday that it plans to conduct a business briefing focused on aiding domestic small and m...
Hyundai IONIQ 6’s engine named best in US
Hyundai Motor Co. announced on Friday that its electric vehicle (EV) IONIQ 6 sedan's powertrain was named one of the "2023 Wards 10 Best Engines and...
CJ CheilJedang expands its marketing of seaweed snacks in UK
South Korea's CJ CheilJedang Corp. announced on Thursday that its "Bibigo Seaweed (Gim) Snack" has entered the UK food market through Asda and Ocado...
S.Korea's golf industry market exceeds $15 bn in value: report
The value of South Korea's golf industry market last year exceeded 20 trillion won ($15 billion).A report by the Daejeon-based Yuwon Golf Foundation...
POSCO, Hyundai unveil hydrogen value chains at H2 MEET 2023
Hydrogen-fueled cars, drones and energy systems were unveiled on Wednesday during South Korea’s largest hydrogen industry exhibition H2 MEET, ...
HD Hyundai Infracore gets 131 Develon orders from Saudi, Brazil
South Korea's HD Hyundai Infracore Co. announced on Wednesday that it has recently secured orders for 131 units of its own brand Develon excavator...
AriBio to sell dementia drug AR1001 in China with partner
South Korea's clinical-stage biotech company AriBio Co. on Wednesday said it signed a memorandum of understanding on strategic cooperation with Chin...
Hyundai Glovis to participate in N.America's largest bulk cargo exhibition
Hyundai Glovis Co., the logistics unit of South Korea's Hyundai Motor Group, announced on Wednesday that it will be a participant in Breakbulk Ameri...
Stamps of K-Street food to be issued on Sept. 21
South Korea's state-run postal service agency Korea Post announced on Wednesday that it will issue 1.28 million commemorative stamps featuring two o...
Paris Baguette to open nine new North American stores in Sept.
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Wednesday that it plans to open nine new stores in North America this...
Korea’s fertility startups gain traction with advanced technologies
South Korea’s fertility startups are garnering attention from investors with innovative technologies such as self-testing of ovarian health, s...
Wellmarker Bio signs worth of $528 mn tech transfer deal
Wellmarker Bio, South Korea's oncology drug development company, announced on Monday that it has signed a technology transfer agreement with a Europ...
Celltrion builds clinical data bank for new biosimilars
The use of data and computing is a new paradigm in the biopharmaceutical industry, reducing the new drug development time and cost, Celltrion Inc. C...
LG Energy Solution eyes US market for ESS
South Korea's LG Energy Solution Ltd. is accelerating its entry into the rapidly growing US market for energy storage systems (ESS).The company on T...
Korean firms confident they can outpace China in LFP battery race
South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...
HBM market to nearly double; next-gen DRAM to revive demand: KIW
SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...
Sampyo targets India’s railway track parts market
Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the ...
Amorepacific's Laneige debuts in Mexican market
South Korean cosmetics giant Amorepacific Corp. announced on Monday that it is entering the Mexican beauty market with its globally popular skincare...
Homeplus enters Mongolian market with PB products
South Korean big-box retailer Homeplus has entered the Mongolian market for the first time, signing a strategic partnership with the country's ret...
Mirae Asset teams up with Polygon Labs for tokenized securities
South Korea’s Mirae Asset Securities Co. has partnered with Polygon Labs, a New York-based global blockchain company, for financial tokenizati...
