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

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

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

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

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

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

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

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...

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 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, ...

Big Bang deregulation poised to bolster S.Korean ST market

South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...

S.Korea to fully open gov't R&D projects to foreign researchers

South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...

Advanced memory is strategic asset for Korea’s chip supremacy: Hwang

South Korea, home to the world’s two largest memory chipmakers – Samsung Electronics Co. and SK Hynix Inc. – has been the dominant...

Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock

A Morgan Stanley-affiliated asset manager has bought more JYP Entertainment shares, raising its stake to more than 5 percent.Asset management firm M...

Korea's SM buys shipping line HMM shares ahead of bidding

South Korea’s SM Group has increased its ownership in HMM Co., the country’s top container shipping line. The 30th-largest conglomerate ...

Baskin-Robbins stands out in melting Korean ice cream market

Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localization despite the cou...

Korea’s inflation eases to 25-mo low, but poised to rebound in H2

South Korea’s headline inflation rose at the slowest pace in 25 months in July on still-low international oil prices but is projected to reacc...

Korea’s duty-free sales skid despite China border reopening

South Korea’s duty-free shops suffered a sharp decline in sales in June, when the number of Chinese visitors jumped more than three times that...

SK C&C begins to construct S.Korea's first ATS

SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has started constructio...

Westinghouse, KHNP seek licensing dispute arbitration

Korea Hydro & Nuclear Power Co. (KHNP) and Westinghouse Electric Corp. have taken their almost one-year dispute over South Korea’s nuclear...

Samsung Electronics opens future tech office in DX Division

Samsung Electronics Co. has conducted an internal reshuffle by opening a future technologies office to discover “non-existent” technolog...

Samsung’s Bespoke Jet AI sweeps global acclaim

Bespoke Jet AI, the cordless stick vacuum cleaner of Samsung Electronics Co., continues to receive international recognition for its superior techno...

42dot launches its first B2B self-driving shuttle service

42Dot, a self-driving technology affiliate of Hyundai Motor Group, on Tuesday said it launched a self-driving shuttle at Samsung Mobility Museum in ...

Samsung Bioepis seeks to buy Biogen biosimilar unit

Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea’s Samsung Group, seeks to buy a biosimilar business d...

Korea exports down the most in 3 years; BOK may keep rates

South Korea’s exports declined at their steepest pace in more than three years last month, data showed on Tuesday, adding to expectations that...

Samsung Elec to provide HBM3, packaging service to Nvidia

Samsung Electronics Co., the world’s top memory chipmaker, is set to provide high-performance semiconductors and packaging service to the glob...

S.Korea’s overseas online shopping surpasses $1.3 bn in Q2 2023

South Korea's overseas online shopping through Chinese malls in the second quarter of this year has more than doubled compared to a year ago. Accor...

China sets up battery JVs with S.Korea to bypass IRA

Chinese battery materials suppliers are rushing to expand their production bases in South Korea, mainly in partnership with domestic companies.Such ...

Super-large screens account for one third of Samsung’s TV sales

Samsung Electronics Co. announced that one out of every three of its Neo QLED and QLED TVs sold in South Korea between January and July this year fe...

S.Korea sees fever for luxury goods wane in post-COVID-19 era

South Korea is seeing a gradual decline in the open run, or the practice of customers standing in line before a brand's opening at a department stor...