Netmarble leverages existing IPs, M&As to keep growth

Expectations are growing high that Netmarble Corp., South Korea’s second-largest game developer and publisher, will extend its growth streak t...

Handok gets Biocon's obesity drug exclusive distribution in S.Korea

South Korean pharmaceutical company Handok Inc. announced on Friday that it signed an exclusive domestic sales and distribution agreement with India...

Yanolja gains momentum with cloud, overseas trip businesses

SoftBank-backed Yanolja Co. cheered stellar earnings in the first quarter after its new businesses – cloud and outbound trip services – ...

SK Hynix mulls HBM production in Japan, US

SK Hynix Inc. is investigating the possibility of building a plant for high-bandwidth memory (HBM), vital for generative artificial intelligence, in...

Niche real asset creates new opportunities, Korean investors say

The scope of real assets is expanding with new businesses such as infrastructure operating services and supply chain management, creating niche oppo...

Samsung Display records 1 mn cumulative shipments of QD-OLED monitors

Samsung Display Co., South Korea’s top display producer, has developed the world's first QD-OLED, a self-emissive technology where light from ...

Celltrion eyes M&A in Europe, $3.3 bn Zymfentra sales: chairman

WASHINGTON, D.C. – South Korean biosimilar giant Celltrion Inc. is accelerating its push to transform into a novel drug developer, going after...

Samsung to unveil QLC-based NAND in H2 to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the second half to lead...

Hanwha Foodtech opens R&D center in Seongnam

Hanwha Foodtech, a subsidiary of Hanwha Hotels & Resorts specializing in food and beverages, announced on Wednesday that it opened a research an...

Samsung’s new AI PC to hit global market in mid-June

Samsung Electronics Co. will start offering the Galaxy Book4 Edge, a new addition to its latest flagship Galaxy Book4 laptop series and powered by b...

Hotel Lotte resumes global push with management deals

Hotel Lotte Co., South Korea’s leading hospitality, leisure and travel retail giant, has resumed its global expansion push after its hotel and...

Block deals of Korean stocks surge ahead of tighter regulation

Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...

Hyundai Motor unveils detailed $3.4 billion GBC new headquarters plan

South Korea’s top automaker Hyundai Motor Group on Monday unveiled detailed plans for its 4.6 trillion won ($3.4 billion) new headquarters, or...

LG ends XR partnership with Meta; Amazon emerges as new partner

South Korean tech giant LG Electronics Inc. has ended its extended reality (XR) partnership with Meta Platforms Inc. three months after they agreed ...

Hanwha Ocean to adopt Kyocera founder Inamori’s amoeba management

South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, said on Friday it has partnered with Japan’s Kyocera Commun...

Samsung releases new Bespoke AI Family Hub product

Samsung Electronics Co. announced on Friday the launch of a new "Bespoke AI Family Hub" refrigerator, designed to offer new AI experiences in everyd...

Hyundai’s first full-size electric Genesis GV90 to roll out in late 2025

The Genesis, Hyundai Motor Co.'s standalone premium brand, will launch its first full-size electric sport utility vehicle, the GV90, late next ...

MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric

South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...

Nongshim to open stores in Leclerc, Carrefour; expands plant in US

Nongshim Co., a leading South Korean instant noodle maker, said on Tuesday it is setting up stores within France’s two largest supermarket cha...

Hanmi to fire founder's wife, entering new round of family feud

South Korea’s Hanmi Pharmaceutical Group is set to enter a new chapter of an ongoing family feud less than two months after the founding famil...

Korea Zinc to invest $146 mn in green business R&D hub

Korea Zinc Inc., South Korea’s and the world’s No. 1 lead and zinc smelter, will build its second research and development center, which...

Samsung aims to overtake TSMC, Apple with 3 nm Exynos W1000 chip

Samsung Electronics Co., the world’s largest memory chipmaker, plans to apply its latest 3-nanometer chip processing technology to the manufac...

DeepX attracts $80 mn new investment

DeepX, South Korea's homegrown neural network and AI chip developer, announced on Friday that it finalized attracting an investment of 110 billion w...

KEPCO teams up with Kyrgyzstan for new energy technology

Korea Electric Power Corp. (KEPCO), the state-run utility company, has joined hands with Kyrgyzstan for new energy businesses including high-voltage...

Samsung SDS unveils supply chain solution in US

South Korea's Samsung SDS Co. introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Fl...

SK Hynix looks to expand AI memory leadership with new NAND chip

South Korea’s SK Hynix Inc. aims to expand its memory leadership in the artificial intelligence sphere beyond the high-performance DRAM segmen...

Samsung Welstory completes new Vietnam logistics center

South Korean food and beverage company Samsung Welstory announced on Thursday that it completed a new logistics center with a cold chain system in B...

SK Hynix to sell 50% stake in Wuxi foundry unit to Chinese firm

SK Hynix Inc. will sell nearly a half stake in its foundry unit in China to a Chinese state-run enterprise for $349.3 million in a bid to expand its...

APR completes second factory in Pyeongtaek

South Korea's cosmetic and clothing company APR announced on Wednesday that it completed its second plant, the APR Factory Pyeongtaek 2 Campus. ...

Doosan to make new fuel cell for hydrogen power plant deals

South Korea’s Doosan Fuel Cell Co. plans to begin mass production of a new phosphoric acid fuel cell (PAFC) model, which is expected to raise ...