Moderna signs mRNA access deals with S.Korea's universities

The US biotech and pharmaceutical company Moderna on Friday announced signings of contracts with the academic-industry cooperation foundations of Ko...

Korea's STX denies rumors it is backed by Chinese fund

South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, refuting false reports swirling in the m...

Krafton, Naver eye Overdare as S.Korea's answer to Roblox

South Korea's game company Krafton Inc. and Naver Z, a metaverse unit of the country’s portal giant Naver Corp. on Thursday said they will u...

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...

POSCO Int'l to supply EV motor cores to Hyundai Motor Group

South Korea's POSCO International Corp. on Thursday said it signed a deal to supply 3.5 million traction motor cores for electric vehicles (EV) to H...

LG Chem, Eni eye JV to build biofuel plant in Korea

South Korea’s LG Chem Ltd. and Italy's energy giant Eni Sustainable Mobility (SM) have tentatively agreed to build a hydrotreated vegetable oi...

Hyundai E&C, Poland bolster partnerships in nuclear power

Hyundai Engineering & Construction Co., a major affiliate of South Korean automaker Hyundai Motor Co., is boosting its networks in the nuclear p...

Hyundai Motor set to exit Russia with St. Petersburg plant sale to AGR

South Korea’s top automaker Hyundai Motor Co. is reportedly exiting Russia by selling its car manufacturing plant in St. Petersburg to AGR Aut...

Samsung releases Galaxy Watch6 Classic PXG edition

Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...

NGeneBio applies for US patent of early diagnosis tech of dementia

South Korean medical diagnostic company NGeneBio Co. announced on Thursday that it has completed the US patent application for its technology relate...

Hyundai Mobis showcases trailer reverse assistance system in US

South Korea's automotive parts maker Hyundai Mobis is boosting its presence in North America by unveiling technologies tailored for the market such ...

Samsung C&T sells 3GW solar energy project in US to local firm

Samsung C&T Renewables, the renewable energy corporation of South Korea's Samsung C&T Corp. in the US, announced on Thursday that it has s...

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...

S.Korea to extend $6 bn in financing for African projects

BUSAN – South Korea will offer $6 billion in cheap loans and funds to domestic companies between 2024 and 2025 to finance their construction a...

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, ...

Want to buy an iPhone 15 in South Korea? Pay more

During the unveiling of the much-anticipated iPhone 15 series on Tuesday, Apple Inc. said its newest product line is in same price range as its prev...

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...

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...

Samsung hikes memory chip prices on depleting client inventories

There are signs of a memory chip market recovery, particularly in the mobile DRAM chip segment, although demand for personal computer chips remains ...

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...

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...

Korea’s heavy dependence on China for raw materials deepens

While the urea crisis in 2021 laid bare South Korea’s heavy dependence on China for basic raw materials, concerns are growing that Korea&rsquo...

Canada's coffee brand Tim Hortons to open store in Gangnam

Canada's No. 1 coffee chain Tim Hortons revealed plans on Tuesday to establish its first South Korean flagship store at the bustling intersection of...

Samsung Bioepis to cooperate with Swiss firm Sandoz

Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea's Samsung Group, announced on Monday that it signed a partn...

Hyundai NEXO retains fuel cell EV leadership; Toyota Mirai follows fast

South Korea’s top automaker Hyundai Motor Co. retained its leadership in the hydrogen fuel cell electric vehicle (FCEV) market in the January-...

HD Hyundai Electric wins $51 mn deal to power Neom megacity

HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...

LG Electronics rolls out 118-inch micro LED TV at US trade show

LG Electronics Inc. has launched a second massive micro LED TV for those wanting a premium cinema experience at home.The company on Monday said it u...