LG’s FAST drive to combat TV set market slowdown

LG’s FAST drive to combat TV set market slowdown

South Korea’s electronics giant LG Electronics Inc. is upending its TV business strategy by betting even bigger on software and content to off...

Ready for an AI pastor? Not too distant future in South Korea

Ready for an AI pastor? Not too distant future in South Korea

Some Christians in South Korea are actively embracing the hottest technology of ChatGPT in their spiritual life, sparking controversy over the role ...

Daewoong to develop eye drops for diabetic retinopathy

Daewoong to develop eye drops for diabetic retinopathy

South Korea's Daewoong Pharmaceutical is venturing into the development of a product that can easily treat diabetic retinopathy in the form of ...

HMM embarks on biofuel ship pilot testing on global route

HMM embarks on biofuel ship pilot testing on global route

South Korea has begun a pilot operation of a biofuel-powered container ship on a global route, the government said on Friday. HMM Co.'s container sh...

SK Chairman Chey vows to turn Ulsan into green energy, AI hub

SK Chairman Chey vows to turn Ulsan into green energy, AI hub

Chey Tae-won, chairman of South Korea’s second-largest conglomerate SK Group, has vowed to turn the industrial city of Ulsan, where SK’s...

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

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

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

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...

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

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...

Samsung releases Galaxy Watch6 Classic PXG edition

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...

LG Uplus pet care platform's subscribers exceed 300,000

LG Uplus pet care platform's subscribers exceed 300,000

South Korea's LG Uplus Corp. announced on Thursday that its pet service platform ForDong has garnered over 300,000 subscribers just 14 months sinc...

Samsung to launch 83-inch OLED TVs equipped with LG panels in Europe

 Samsung to launch 83-inch OLED TVs equipped with LG panels in Europe

South Korea’s Samsung Electronics Co. is set to bring its 83-inch 4K OLED TV model, with panels supplied by its crosstown rival LG Display Co....

S.Korea's golf industry market exceeds $15 bn in value: report

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

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...

KAIST discovers diabetes treatment using light

KAIST discovers diabetes treatment using light

The Korea Advanced Institute of Science and Technology (KAIST) announced on Wednesday that they have discovered a method to treat diabetes by insert...

POSCO, Hyundai unveil hydrogen value chains at H2 MEET 2023

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

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...

IMM PE invites potential buyers for Genuone worth $752 mn

IMM PE invites potential buyers for Genuone worth $752 mn

South Korea’s top-tier contract drugmaker Genuone Sciences Inc. with an estimated value of up to 1 trillion won ($752 million) is smooth saili...

Stamps of K-Street food to be issued on Sept. 21

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...

LG Chem opens European CS Center in Germany

LG Chem opens European CS Center in Germany

South Korea's top chemical company LG Chem Ltd. announced the opening of its European Customer Solution Center (CS Center) in Frankfurt on Wednesday...

New Mercedes E-Class, world’s first to use LG’s SPM display  

New Mercedes E-Class, world’s first to use LG’s SPM display  

LG Display Co., the world’s leading organic light-emitting diode (OLED) panel maker seeking to cement its market leadership, is supplying its ...

Korea’s fertility startups gain traction with advanced technologies

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...

Seoul eyed as possible 2nd Asian base of Gagosian empire

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

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

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 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...

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

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...

S.Korea's KT invests in domestic startups Upstage, Qanda

S.Korea's KT invests in domestic startups Upstage, Qanda

South Korea's KT Corp. has invested 20 billion won ($15 million) in two domestic artificial intelligence (AI) startups. For the second time in ...

LG Electronics unveils concepts of vehicular screen tech

LG Electronics unveils concepts of vehicular screen tech

LG Electronics Inc. has unveiled concepts for automotive electronics including a flexible display.The company on Sunday said it launched the page Mo...

S.Korea, Indonesia to bolster high-tech partnership

S.Korea, Indonesia to bolster high-tech partnership

JAKARTA, Indonesia -- South Korea and Indonesia have affirmed their commitment to expanding the scope of business cooperation from high tech to food...

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