F&F to expand Discovery brand across Asia

F&F to expand Discovery brand across Asia

F&F Co., a South Korean clothing company, said on Monday it signed an exclusive deal with Warner Bros. Discovery (WBD) to bring the outdoor bran...

Colosseum poised for next leap with global expansion drive

Colosseum poised for next leap with global expansion drive

Colosseum Corporation Inc., a fulfillment startup based in South Korea, has set its sights on global conquest with its nationwide and international ...

Hyundai Mobis lighting system wins triple crown of design awards

Hyundai Mobis lighting system wins triple crown of design awards

South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...

S.Korea relinquishes control to China in smaller OLED market

S.Korea relinquishes control to China in smaller OLED market

LG Display Co. and Samsung Display Co. lost ground to their Chinese rivals in the global small and mid-sized organic light-emitting diode (OLED) pan...

E-Mart’s No Brand success story: A Korean snack chain goes global

E-Mart’s No Brand success story: A Korean snack chain goes global

When South Korean convenience store operator E-Mart Inc. launched its low-budget house label No Brand in 2015, few thought it would last long.Under ...

Baemin founder strikes out for new trophy platform

Baemin founder strikes out for new trophy platform

Kim Bong-jin, a former chairman and CEO of Woowa Brothers Corp., operator of South Korea’s No. 1 food delivery app Baedal Minjok — Baemi...

Hanwha Solutions to raise $1.5 bn amid mounting losses

Hanwha Solutions to raise $1.5 bn amid mounting losses

Hanwha Solutions Corp., the flagship unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, is poised to raise as much as $1.5 ...

Kumho Tire holds Latin American dealer convention

Kumho Tire holds Latin American dealer convention

South Korea's Kumho Tire Co. announced on Friday that it held the Kumho Dealer Convention event from July 20 to 22 in Sao Paulo, Brazil, inviting ab...

Kolmar Korea, Sensient Beauty to co-develop pigments

Kolmar Korea, Sensient Beauty to co-develop pigments

Kolmar Korea, a supplier to global cosmetics brands such as Estee Lauder, announced on Friday that it signed a memorandum of understanding (MOU) wit...

China is LG H&H’s headache amid global K-beauty boom

China is LG H&H’s headache amid global K-beauty boom

South Korean cosmetics giant LG H&H Co. has yet to benefit from the global K-beauty boom due to its heavy dependence on China, the world’s...

Hanwha Ocean wins $332 mn ship order from S.Korean Navy

Hanwha Ocean wins $332 mn ship order from S.Korean Navy

South Korea's Hanwha Ocean Co. announced on Thursday that it was selected as the preferred bidder for the second auxiliary oiler replenishment (AOE)...

Woori Financial vows higher shareholder returns, value-up after record Q2

Woori Financial vows higher shareholder returns, value-up after record Q2

Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, plans to significantly enhance its shareholder va...

South Korea’s Economy Slowed Sharply in Second Quarter

South Korea’s Economy Slowed Sharply in Second Quarter

South Korea’s economy slowed at a sharper-than-expected pace in the second quarter on sluggish private consumption and weak business investmen...

S.Korea fines AliExpress $1.4 mn for alleged privacy breach

S.Korea fines AliExpress $1.4 mn for alleged privacy breach

South Korea’s privacy authority is punishing AliExpress with measures including a $1.4 million fine for allegedly not providing measures to pr...

S.Korea’s economy slows in Q2, but on growth course

S.Korea’s economy slows in Q2, but on growth course

South Korea’s economy unexpectedly slowed in the second quarter on softer private consumption and business investments, reinforcing expectatio...

Paldo enters S&R, Puregold in Philippines

Paldo enters S&R, Puregold in Philippines

South Korea’s food and beverage company Paldo is strengthening its competitiveness in the Philippine market.Paldo announced on Thursday that i...

Korea to build startup campuses in Seoul, Busan by 2026

Korea to build startup campuses in Seoul, Busan by 2026

South Korea will establish startup hubs in Seoul and Busan, the country’s largest port city, by the first half of 2026 to build Asia’s N...

S.Korea's refining industry sees record export of 245.3 mn barrels

S.Korea's refining industry sees record export of 245.3 mn barrels

South Korea's four major oil refiners—SK Energy, GS Caltex, S-Oil Corp., and HD Hyundai Oilbank—achieved a record high in petroleum pr...

Hyundai, Kia to hike prices of low-cost EVs for profitability

Hyundai, Kia to hike prices of low-cost EVs for profitability

Hyundai Motor Group, the world’s third-largest carmaker, plans to increase prices of the existing low-cost electric vehicles in the second hal...

Samsung tipped to supply HBM3 to Nvidia for Chinese market

Samsung tipped to supply HBM3 to Nvidia for Chinese market

Samsung Electronics Co. has passed Nvidia Corp.’s qualification tests for its fourth-generation high-bandwidth memory, or HBM3 chips, for use ...

Spear Korea to acquire AI medical firm Life Semantics

Spear Korea to acquire AI medical firm Life Semantics

South Korea's aerospace materials company Spear Korea will acquire artificial intelligence (AI) medical firm Life Semantics Co. Life Semantics ...

Qoo10’s Korean units delay seller payments amid expansions

Qoo10’s Korean units delay seller payments amid expansions

Southeast Asia-based e-commerce platform Qoo10 Pte.’s units in South Korea delayed seller payments as industry sources said the online shoppin...

LG Uplus to feature in-car games to Kia EV3

LG Uplus to feature in-car games to Kia EV3

South Korea's LG Uplus Corp. said on Wednesday that it will offer its web-based in-car game service Game Portal in Kia Corp's electric vehicle (EV) ...

Lotte Tour to operate cruise to Hong Kong

Lotte Tour to operate cruise to Hong Kong

South Korea's Lotte Tour Development Co. announced on Tuesday that it signed a charter agreement with global cruise line Costa Cruises to operate a ...

Lamborghini unveils 1st plug-in hybrid SUV Urus SE in Korea

Lamborghini unveils 1st plug-in hybrid SUV Urus SE in Korea

Italian sports car maker Lamborghini S.p.A. on Tuesday unveiled the Urus SE, its first plug-in hybrid super sport utility vehicle, in South Korea, t...

Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki

Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki

South Korean top automaker Hyundai Motor Co. said on Tuesday it is supplying its all-electric Elec City Town buses to Iwasaki Group, effectively ent...

Celltrion’s new plant in Songdo poised for commercial production

Celltrion’s new plant in Songdo poised for commercial production

South Korea’s largest biosimilar maker Celltrion Inc. said on Tuesday that its third plant in Sondgo, west of Seoul, is undergoing process val...

S.Korea's Rebellions secures investment from Aramco

S.Korea's Rebellions secures investment from Aramco

Rebellions Inc., a South Korean artificial intelligence chip design startup, announced on Tuesday that it secured investment from Saudi Arabia's sta...

HD KSOE partners with University of Michigan to foster US ship engineers

HD KSOE partners with University of Michigan to foster US ship engineers

South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has joined hands with the University of Michigan-Ann Arbor (UM) a...

Kakao Mobility launches overseas car rental service

Kakao Mobility launches overseas car rental service

South Korean mobility platform Kakao Mobility said on Monday that it launched an overseas car rental service accessible through its Kakao T app.The ...

At home, K-convenience stores battle stagnation; abroad they are powerful K-food ambassador Deal graveyard: S.Korean F&B franchises left without takers LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries KPop Demon Hunters OST lands at No.6 on Billboard Hot 100 K-beauty craze sends Olive Young online sales to new heights