LG OLED TV's new theme: Empathetic, personalized AI

LG OLED TV's new theme: Empathetic, personalized AI

LG Electronics Inc., the world’s No. 1 OLED TV producer, defines artificial intelligence as empathetic intelligence for customers. On Wednesda...

LG Electronics spins off X-UP, 4 other in-house venture firms

LG Electronics spins off X-UP, 4 other in-house venture firms

LG Electronics Inc. said on Thursday it is spinning off five promising in-house venture firms as separate entities to strengthen South Korea’s...

POSCO Future M named Fortune Asia Future 30

POSCO Future M named Fortune Asia Future 30

South Korea’s POSCO Future M Co. has been named Asia Future 30 by the US economic media Fortune on Mar. 27, according to the company on Thursd...

S.Korea, Thailand launch negotiations for EPA

S.Korea, Thailand launch negotiations for EPA

South Korean and Thai governments declared the launch of negotiations for the Economic Partnership Agreement (EPA) on Thursday. South Korea’s ...

LG CNS, Sinar Mas to form JV in Indonesia

LG CNS, Sinar Mas to form JV in Indonesia

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it signed an investment...

Qoo10 buys Korean department store AK’s e-commerce unit

Qoo10 buys Korean department store AK’s e-commerce unit

Southeast Asia-based e-commerce platform Qoo10 Pte. has signed an agreement to acquire South Korean department store chain AK Plaza’s online s...

K Enter moves step closer to Nasdaq listing in May

K Enter moves step closer to Nasdaq listing in May

K Enter Holdings Inc., an umbrella entity of South Korea-based entertainment companies creating original entertainment content and managing related ...

Kia wins World's Greatest Auto Disruptors 2024

Kia wins World's Greatest Auto Disruptors 2024

Kia Corp. won two categories of the Newsweek World’s Greatest Auto Disruptors Awards with the all-electric EV9 winning Research and Developmen...

LG Group earmarks $74 bn for 5-year investment in Korea

LG Group earmarks $74 bn for 5-year investment in Korea

LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future ...

S.Korea’s Doosan Enerbility to develop aircraft engines

S.Korea’s Doosan Enerbility to develop aircraft engines

South Korea’s major power plant builder Doosan Enerbility Co. plans to develop aircraft engines based on its turbine technology as its new gro...

LG Electronics named Energy Star Partner of 2024

LG Electronics named Energy Star Partner of 2024

LG Electronics Inc. has been named 2024 Energy Star Partner of the Year and Sustained Excellence by the US Environmental Protection Agency (EPA) a...

Universal Music acquires 10-year distribution rights to HYBE music

Universal Music acquires 10-year distribution rights to HYBE music

The world’s largest music company Universal Music Group (UMG) has struck an exclusive deal to distribute music from HYBE Co., the South Korean...

IMM PE puts South Korea’s top travel agency Hanatour up for sale

IMM PE puts South Korea’s top travel agency Hanatour up for sale

IMM Private Equity Inc., a Seoul-based private equity firm, is selling its controlling stake in Hanatour Service Inc., South Korea’s top trave...

Licensed casual apparel brands' luster fades in Korea

Licensed casual apparel brands' luster fades in Korea

The fad for licensed casual fashion brands appears to be cooling in South Korea, where American sports clubs, broadcasting networks and documentary ...

LG CNS to lead digital transformation at FPT in Vietnam

LG CNS to lead digital transformation at FPT in Vietnam

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, will lead the digital transformation of FPT Group, a...

Shareholder activism in Korea swells 9 times since 2019

Shareholder activism in Korea swells 9 times since 2019

The number of South Korean firms targeted by activist funds has risen by nearly nine times over the past five years, the largest increase among majo...

Netmarble Arthdal Chronicles pre-registration surpasses 1 mn

Netmarble Arthdal Chronicles pre-registration surpasses 1 mn

South Korean game developer Netmarble Corp. said on Tuesday that the pre-registration of its upcoming massively multiplayer online role-playing ga...

Korea’s IPO market heats up with HD Hyundai Marine, K Bank

Korea’s IPO market heats up with HD Hyundai Marine, K Bank

South Korea’s initial public offering market is heating up as HD Hyundai Marine Solution Co., which aims to raise 742.6 billion won ($553.4 mi...

Korea’s POSCO Int’l to work on CCUS, hydrogen businesses

Korea’s POSCO Int’l to work on CCUS, hydrogen businesses

POSCO International Corp., the general trading and resources exploration subsidiary of South Korea’s steel giant POSCO Holdings Inc., aims to ...

Weak property market cuts into Korean securities firms’ profits

Weak property market cuts into Korean securities firms’ profits

dd South Korea’s securities firms suffered a 20% fall in overall net profit last year hurt by the weak property market, adding to bearish vie...

Korea’s EcoPro invests $11 mn in Indonesian nickel smelter

Korea’s EcoPro invests $11 mn in Indonesian nickel smelter

South Korea’s leading electric vehicle battery materials producer EcoPro Group is expanding its investment in Indonesia for stable procurement...

Nongshim to build instant noodle plant in Korea for exports

Nongshim to build instant noodle plant in Korea for exports

Nongshim Co., South Korea’s top instant noodle maker, is set to build a new factory in the country for exports of ramen, or ramyun, for the fi...

LG Uplus Sporki to be featured in Toyota's car Infotainment

LG Uplus Sporki to be featured in Toyota's car Infotainment

South Korea's LG Uplus Corp. announced on Friday that its sports community platform Sporki will be featured in Toyota Connect, the U+Drive-based inf...

CJ Olive Young beats Amorepacific to become K-beauty king

CJ Olive Young beats Amorepacific to become K-beauty king

CJ Olive Young Corp., South Korea’s top beauty store chain, took the throne in the domestic cosmetics market last year, beating industry giant...

S.Korea, Kazakhstan agree to expand air transport rights

S.Korea, Kazakhstan agree to expand air transport rights

South Korea and Kazakhstan have agreed to expand air transport rights during the South Korea and Kazakhstan aviation talks held in Almaty, Kazakhsta...

S.Korea's drone market set for takeoff, led by startups   

S.Korea's drone market set for takeoff, led by startups   

Starting in May, drones, not boats, will deliver parcels and even fried chicken to residents living on some of South Korea's remote islands unreacha...

SK Hynix earmarks $91 bn to construct world's largest chip fab

SK Hynix earmarks $91 bn to construct world's largest chip fab

SK Hynix Inc., the global No. 2 memory chipmaker, is slated to invest more than 120 trillion won ($90.7 billion) by 2046 to build the world’s ...

SK Enmove in talks to deliver liquid cooling system to US tech firm

SK Enmove in talks to deliver liquid cooling system to US tech firm

South Korea’s lube oil maker SK Enmove Co. is seeking to supply liquid immersion cooling systems for data centers of a US technology company, ...

Korea’s ramen exports on course to reach $1 bn in 2024

Korea’s ramen exports on course to reach $1 bn in 2024

South Korea’s instant ramen noodle exports soared to a record monthly high in February, data showed, on course to hit the $1 billion mark in 2...

BTS, Blackpink economy: Korea’s IP rights trade surplus hits record high

BTS, Blackpink economy: Korea’s IP rights trade surplus hits record high

While the economic impact of US singer Taylor Swift is so powerful that pundits coined words like “the Taylor Swift economy,” no less st...

Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push Korean waste management firm Koentec put on market for $730 mn US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement