SK Telecom’s transition into AI company gains traction

SK Telecom’s transition into AI company gains traction

SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...

LG Uplus to grow EV charging JV to be among Korea’s top 3

LG Uplus to grow EV charging JV to be among Korea’s top 3

LG Uplus Corp., South Korea’s third-largest mobile carrier, aims to develop its electric vehicle charging joint venture with Kakao Mobility Co...

S.Korea's Webcash releases Vietnamese version of 'Branch'

S.Korea's Webcash releases Vietnamese version of 'Branch'

The Vietnamese version of Webcash Co.'s fund management system "Branch," called "WE-MBA," has been launched. WE-MBA is integrated with 17 Vietnamese...

SSG.Com announces global first launch of Piaget's new watch

SSG.Com announces global first launch of Piaget's new watch

SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...

LG Energy, Huayou Cobalt set up battery recycling JV in China

LG Energy, Huayou Cobalt set up battery recycling JV in China

LG Energy Solution Ltd., the world’s No. 2 battery maker, and Zhejiang Huayou Cobalt Co., the global refined cobalt leader, have launched a ce...

Flying to S.Korea's Jeju Island? Just bring smartphone

Flying to S.Korea's Jeju Island? Just bring smartphone

The identity verification app Pass of South Korea's three telecom companies has added another function: enabling a user to board a domestic flight w...

S.Korea, Laos boost partnership in global drive to cut CO2 emissions

S.Korea, Laos boost partnership in global drive to cut CO2 emissions

South Korea's Ministry of Trade, Industry and Energy on Tuesday held talks with Laos' Ministry of Natural Resources and Environment at the Seoul hea...

Korea’s time deposit rates head north on higher bank bonds’ coupon

Korea’s time deposit rates head north on higher bank bonds’ coupon

South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...

S.Korea's NPS sells off Australian warehouse equity at $368 mn

S.Korea's NPS sells off Australian warehouse equity at $368 mn

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, said on Monday it has sold off a 50% stake in an Austra...

Bullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist

Bullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist

  Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been chosen to lead the ...

LG Display receives Bosch top supplier award for vehicle displays

LG Display receives Bosch top supplier award for vehicle displays

South Korea's display maker LG Display Co. announced on Monday that it has received the "Bosch Global Supplier Award" from Bosch, the world's top au...

LG Uplus announces expansion of robot business from serving to logistics

LG Uplus announces expansion of robot business from serving to logistics

South Korea’s third-largest mobile carrier, LG Uplus Corp., said on Monday that it will expand its robot business from the existing serving se...

LG Energy Solution tops global EV battery market excluding China in H1

LG Energy Solution tops global EV battery market excluding China in H1

South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

LG 1st in South Korea’s ESG rankings for 2nd year

LG 1st in South Korea’s ESG rankings for 2nd year

LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social...

Santa Fe, Sorento, Torres to lead mid-sized SUV sales war in Korea

Santa Fe, Sorento, Torres to lead mid-sized SUV sales war in Korea

Three leading South Korean automakers – Hyundai Motor Co., Kia Corp. and KG Mobility Corp. – are upping the ante in their fight to garne...

S.Korea's No. 1 flight route in 2023 is Incheon-Osaka

S.Korea's No. 1 flight route in 2023 is Incheon-Osaka

South Korea's most popular international flight route in the first half of this year was between Incheon International Airport and Kansai Internatio...

Toray Advanced Materials reviews film line expansion in S.Korea

Toray Advanced Materials reviews film line expansion in S.Korea

Toray Advanced Materials Korea Inc. (TAK) is reviewing its film line expansion in South Korea as part of its 300 billion won ($229 million) capital ...

LG, Samsung vie for HVAC lead with green technology

 LG, Samsung vie for HVAC lead with green technology

South Korea’s long-time technology archrivals LG Electronics Inc. and Samsung Electronics Co. are upping the ante in the race to lead the grow...

Korea's new superconductor will be verified: research team

Korea's new superconductor will be verified: research team

Global scientists will be able to replicate South Korean researchers’ recent findings of room-temperature superconductor in around a month, de...

Virtual human Lucy to sell Galaxy Z in live commerce

Virtual human Lucy to sell Galaxy Z  in live commerce

Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, following her attend...

Air travel from Korea roars back to everywhere, except China

Air travel from Korea roars back to everywhere, except China

Flight routes between South Korea and China, once Korean flag carriers’ most lucrative, have become their white elephant as passengers on the ...

Indonesia vows support for LG-led $9.8 bn battery project

Indonesia vows support for LG-led $9.8 bn battery project

Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion electric vehicle battery...

Heads of S.Korea's chicken chains promoting expansion abroad

Heads of S.Korea's chicken chains promoting expansion abroad

The CEOs of South Korea's top three fried chicken franchises are promoting their brands overseas based on the judgement that growth will stagnate if...

With long-gone heyday, Capro clings to stake sale for survival

With long-gone heyday, Capro clings to stake sale for survival

Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...

LG Uplus to equip Toyota Highlander’s infotainment platform

LG Uplus to equip Toyota Highlander’s infotainment platform

South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota Connect, powered by t...

Korea’s STX to build joint Indonesia nickel plant for EV cells

Korea’s STX to build joint Indonesia nickel plant for EV cells

South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...

LG Electronics to form $100-million global startup fund

LG Electronics to form $100-million global startup fund

LG Electronics Inc. has committed over $100 million to a startup fund to unearth new technologies in sustainable energy, digital health, artificial ...

S.Korea’s mobile app spending hits record high in H1 2023

S.Korea’s mobile app spending hits record high in H1 2023

South Korean consumers' spending on mobile apps recorded the highest-ever in the first half of this year.Mobile data and analytics platform data.ai ...

Costco Korea under heavy scrutiny over cart pusher’s death

Costco Korea under heavy scrutiny over cart pusher’s death

Costco has come under heavy scrutiny after a 29-year-old cart pusher at one of its outlets near Seoul died after working in scorching heat in June, ...

US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement Samsung’s Q2 operating profit plunges 56% on sluggish chip sales Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders