SK shieldus, Yokogawa Electric Korea partner on security business
SK shieldus, the unmanned security subsidiary of SK Group, announced on Wednesday it has signed a business agreement with Yokogawa Electric Korea Co...
Korea's golf apparel market shrinks as golf boom fizzles
The heyday of South Korea’s golf apparel market seems to be over with the end of the COVID-19 pandemic. Millennials and Generation Z, who had ...
Samsung, AMD to collaborate on 3 nm GAA tech chipmaking
Samsung Electronics Co., the world’s largest memory chipmaker, is expected to expand its partnership with US-based fabless semiconductor desig...
Samsung to deepen foray in US HVAC market with Lennox
Samsung Electronics Co. will set up a heating, ventilation and air conditioning (HVAC) joint venture with Lennox International Inc., a major US HVAC...
Korea Inc.’s AI executives double with LG Group leading the pack
The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled in the ...
Korea’s Shinsegae building unit to raise $478 mn to cut debts
South Korean retail giant Shinsegae Group’s building unit, suffering amid difficulties in the local real estate project financing sector, is s...
South Korea steps on accelerator for record 2024 car exports
ASAN, South Chungcheong Province – At Hyundai Motor Co.'s manufacturing plant in Asan, over 60 km south of Seoul, thousands of robots were bus...
Korea intensifies rules on CB conversion price adjustment
South Korea will strengthen regulations on the conversion prices of convertible bonds (CBs) to protect stakeholders from excessive share dilution, t...
SK Hynix: More room for share price rise after bull run
SK Hynix Inc.'s market value broke through the roof to top 150 trillion won ($110 billion) on Monday, becoming the second stock in South Korea to re...
Samsung Bioepis leads in Soliris biosimilar market in Europe
STOCKHOLM – Samsung Bioepis Co.'s biosimilar to Soliris for the treatment of patients with rare, life-threatening disease paroxysmal nocturnal...
Samsung Securities faces trading system server errors
Samsung Securities Co., the brokerage unit of South Korea’s top conglomerate Samsung Group, suffered system errors on its servers on Monday mo...
Facephi to supply ID verification solutions to Samsung Securities
South Korea's Hancom Inc. announced on Monday that Facephi, a Spain-based AI biometric recognition company in which Hancom had recently acquired equ...
HS Ad unveils LG Uplus ad created by 100% AI
South Korea's HS Ad Inc., an advertising agency affiliated with LG Group, announced on Monday that it launched LG Uplus Corp. 's brand advertising...
Kolon Global inks Korea’s 1st private wind power supply deal
Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...
Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy
Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Kor...
Handok gets Biocon's obesity drug exclusive distribution in S.Korea
South Korean pharmaceutical company Handok Inc. announced on Friday that it signed an exclusive domestic sales and distribution agreement with India...
Samsung, KEPCO to collaborate on power facility tech
Samsung Electronics Co. and Korea Electric Power Corp. (KEPCO) announced on Friday that they signed a memorandum of understanding (MOU) to cooperate...
US court dismisses suit against Samsung by ex-patent chief
A US court rejected a patent infringement lawsuit against Samsung Electronics Co. by a former intellectual property chief of the company and banned ...
US cosmetics brand Bath & Body Works enters S.Korea
The US-based cosmetics brand Bath & Body Works, renowned for its diverse lineup of over 250 fragrances, enters the South Korean market. Shi...
Kia premieres EV3 to boost global electrification push
Kia Corp., South Korea’s second-largest automaker, on Thursday premiered the EV3, its low-cost electric sport utility vehicle (SUV), to reboot...
World’s No.1 magnet wire maker SPSX mulls Korean IPO
Superior Essex Inc. (SPSX), the world’s top magnet wire provider under South Korea’s LS Group, is mulling an initial public offering in ...
South Korea pledges $19 billion support package to revitalize chip sector
South Korea, home to the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc., has unveiled a record 26 trillion wo...
Samsung Display records 1 mn cumulative shipments of QD-OLED monitors
Samsung Display Co., South Korea’s top display producer, has developed the world's first QD-OLED, a self-emissive technology where light from ...
Korea Eximbank provides $1 bn in PF for Saudi Amiral project
The Export-Import Bank of Korea (Eximbank) announced on Thursday that it will provide $1 billion in project financing for the Amiral petrochemical f...
Japan’s Toray to spend $366 mn on Korean capacity expansion
Japan’s Toray Industries Inc., the leading global carbon textile manufacturer, plans to spend 500 billion won ($366.3 million) to expand eco-f...
Samsung to unveil QLC-based NAND in H2 to lead AI storage market
Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the second half to lead...
Korea Investment to expand CLO portfolio with Anchorage Capital
Korea Investment & Securities Co. will scale up its collateralized loan obligation (CLO) business with New York-based investment firm Anchorage ...
Samsung cements TV market lead in Q1; LG tops OLED segment
Samsung Electronics Co. has retained the top spot in the global TV market in the first quarter of this year, cementing its lead in the ultra-large p...
Korea’s Mobase to build US plant as it wins $733 mn Hyundai deal
SUWON, Gyeonggi Province -- Mobase Electronics Co., a South Korean automotive electronics parts maker, is planning to establish a plant in the US as...
Samsung’s new AI PC to hit global market in mid-June
Samsung Electronics Co. will start offering the Galaxy Book4 Edge, a new addition to its latest flagship Galaxy Book4 laptop series and powered by b...
