S.Korea's Daesang acquires US food company Lucky Foods
Daesang Corporation, a South Korean manufacturer of food and pharmaceutical ingredients, announced on Monday that it has acquired the US food compan...
Samsung launches collaborative product with illustrator Max Dalton
Samsung Electronics Co. announced on Monday that it has unveiled a special edition of Bespoke Jet Bot AI, collaborative with illustrator Max Dalton,...
LG Chem to sell $1.6 bn stake in LG Energy to foreign investors
South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...
S.Korea urges ramen makers to cut prices to ease inflation
South Korean instant noodle makers are considering price cuts for the first time in 13 years pressured by the government, which aims to further ease...
S.Korea's shipyards get OK from shipping companies to delay vessel delivery
South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domest...
POSCO to raise steel plant safety with robots
POSCO Research Institute, a think tank under South Korea’s top steelmaker POSCO Group, on Sunday said it signed an agreement with Withrobot an...
S.Korea's chip pioneer Amkor aims to rule packaging sector
The history of semiconductors in South Korea, a global tech powerhouse with the world’s two largest memory chipmakers, Samsung Electronics Co....
India rises as LG's cash cow under revised S.Korean tax laws
South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...
DB Insurance acquires Vietnam's 9th largest insurance company
DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...
Lotte Shopping to raise $785 mn from Korean banks for ESG push
Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, will tap 1 trillion won ($784.4 million) from two of the...
S.Korea's KakaoBank to launch internet bank in Thailand
South Korea's KakaoBank Corp. has begun its advance into Southeast Asia through a tie-up with a financial company in Thailand. KakaoBank on Friday ...
Rolls-Royce unveils its first all-electric model, Spectre, in Seoul
Rolls-Royce has unveiled Spectre, the brand's first all-electric model, on Friday in Seoul for the first time in the Asia-Pacific region.The exterio...
S.Korea’s Enchem to build lithium salt plant in Saemangeum
Enchem Co., South Korea’s top electrolyte manufacturer, on Thursday announced the investment of 600.5 billion won ($473.5 million) to build ...
Korea’s GS E&C holds first global HR conference in Mumbai
GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...
S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia
Hanwha Investment & Securities announced on Thursday that it has decided to acquire Indonesia's Ciptadana Securities and Ciptadana Asset Managem...
SK Signet to launch Tesla-compatible EV chargers in 2023
SK Signet Inc., an affiliate of South Korea's SK Group that makes and sells electric vehicle (EV) chargers, announced plans on Wednesday to release ...
KOTRA holds IR meeting in Tokyo for Japanese companies
Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea ...
Galaxy Watch's alarm of abnormal heartbeat gets approval in S.Korea
Samsung Electronics Co.'s new feature on the Galaxy Watch, which detects heartbeats and alerts the possibility of risks such as arrhythmia, can now ...
S.Korea bets on 2nd Middle East boom for SMEs, startups
The Middle East is emerging as a key export market for South Korean small enterprises and startups desperate for global expansion to tide over the e...
Samsung's C-Lab participates in Europe's largest startup exhibition
Samsung Electronics Co.'s C-Lab showcases K-innovation at Europe's largest startup exhibition, paving the way for global market expansion.South Ko...
China’s hasty rate cut signals trouble ahead for Asia’s 2023
Add officials at the People’s Bank of China to the list of those disappointed by China’s post-COVID-19 reopening boom. On June 13, PB...
S.Korea’s mobile carriers seek future from service robots
South Korea’s mobile carriers are strengthening the service robot business as the sector, combined with their know-how in the telecommunicatio...
CJ Darcl certified as best workplace in India by GPTW
CJ Logistics announced on Thursday that its Indian affiliate CJ Darcl has been certified as a 2023-2024 Best Workplace in India by GPTW, a research ...
S.Korea's Seegene to share tech with Spanish diagnostics company
South Korea's in vitro diagnostic product maker Seegene Inc. on Wednesday said it signed a technology-sharing agreement with the Barcelona, Spain-ba...
LG, Samsung showcase new battery packs at InterBattery Europe 2023
MUNICH – South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – on Wednesday unveiled low-...
Korea’s Samyang opens $22 mn surgical suture plant in Hungary
Samyang Holdings Corp., the world’s top biodegradable suture yarn manufacturer, completed the construction of a 28 billion won ($21.9 million)...
Hyundai Rotem reveals actual product of hydrogen-powered train
Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, participated in the largest domestic railway exhibition to showcase ad...
Hyundai Vietnam Shipbuilding’s cumulative orders near 200 vessels
Hyundai Vietnam Shipbuilding Co., a unit of South Korean shipbuilding, oil refining and machinery conglomerate HD Hyundai, announced on Wednesday th...
S.Korea's Krafton establishes AI game subsidiary
South Korea's leading game developer Krafton Inc. announced on Wednesday that it has established a new independent studio called ReLU Games.Krafton ...
Japanese travelers top list of reservations to visit Seoul during BTS Festa
Trip.com, a South Korean travel platform, announced on Wednesday that the most frequent overseas travelers to Seoul during the “BTS Festa&rdqu...
