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S.Korea’s SKC seeks to sell fine ceramic business for $307 mn

S.Korea’s SKC seeks to sell fine ceramic business for $307 mn

SKC Ltd., a South Korean chemicals maker, is seeking to sell its fine ceramic business for an estimated 400 billion won ($307 million) as the unit o...

Samsung, SK Hynix in next-generation HBM chip supremacy war

Samsung, SK Hynix in next-generation HBM chip supremacy war

Samsung Electronics Co. and SK Hynix Inc. – the world’s two largest memory chipmakers – have fiercely competed to advance their ch...

Korea tops US eco-friendly car import rankings despite IRA disadvantage

Korea tops US eco-friendly car import rankings despite IRA disadvantage

South Korea retained its top spot in exports of eco-friendly vehicles including electric cars to the US in the first quarter despite challenges pose...

Korean startups feel bite of funding drought in H1

Korean startups feel bite of funding drought in H1

The drought in venture capital funding worsened in South Korea in the first half of this year, taking an especially heavy toll on platform and b...

SK Shieldus to verify performance of self-driving patrol robot

SK Shieldus to verify performance of self-driving patrol robot

South Korean security company SK Shieldus will demonstrate the performance of a self-driving patrol robot.The company on Thursday said it received r...

POSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035

POSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035

South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply infrastructure with...

Korea logs current account surplus in May on brisk sales of goods

Korea logs current account surplus in May on brisk sales of goods

South Korea’s current account swung to the black in May from a deficit the prior month, thanks to a surplus in the goods account for the secon...

HD Hyundai Infracore to develop hydrogen gas turbine engine

HD Hyundai Infracore to develop hydrogen gas turbine engine

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of understanding (MOU) with...

POSCO gears up for big stride as green materials firm with Hyper NO

POSCO gears up for big stride as green materials firm with Hyper NO

South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with...

Samsung Electronics creates $216 bn social wealth in 2022

Samsung Electronics creates $216 bn social wealth in 2022

Samsung Electronics Co. created 281.4 trillion won ($216 billion) worth of social wealth in 2022, meaning it distributed that amount of wealth to ot...

KB Financial pursues glocalization in Southeast Asia

KB Financial pursues glocalization in Southeast Asia

KB Financial Group Chairman and Chief Executive Yoon Jong-kyoo brought up “glocalization” as a key strategy for its global expansion at ...

GS E&C loses $230 mn market capitalization in one day

GS E&C loses $230 mn market capitalization in one day

GS Engineering & Construction Co.'s stock price plummeted on Thursday in the aftermath of the underground parking lot collapse. Following the Mi...

Kumho Tire signs official sponsorship deal with AC Milan

Kumho Tire signs official sponsorship deal with AC Milan

South Korea's Kumho Tire Co. has signed a sponsorship agreement as the official tire partner with the prestigious Italian football club AC Milan.Kum...

S.Korea’s contents export size surpasses home appliances, textiles

S.Korea’s contents export size surpasses home appliances, textiles

South Korea's contents export size recorded $13.3 billion last year, surpassing the export values of home appliances ($8 billion) and textile produc...

S.Korea's E-mart24 opens 3rd branch in Singapore

S.Korea's E-mart24 opens 3rd branch in Singapore

South Korea’s convenience store chain E-mart24 has opened its third store in Singapore featuring the city-state's hawker culture, aiming for l...

Samsung Heavy Industries succeeds autonomous vessel navigation

Samsung Heavy Industries succeeds autonomous vessel navigation

South Korean shipbuilder Samsung Heavy Industries said on Thursday it had successfully demonstrated autonomous vessel navigation from South Korea to...

Blackstone seeks medicine distributor sale for 1st Korea exit

Blackstone seeks medicine distributor sale for 1st Korea exit

Blackstone Inc. has embarked on the process of selling South Korea’s largest medicine wholesaler Geo-Young Corp., a deal estimated at up to $1...

McDonald’s to increase locations by 25% in S.Korea by 2030

McDonald’s to increase locations by 25% in S.Korea by 2030

McDonald’s Corp., the world’s top fast-food restaurant operator, is set to increase the number of its locatons in South Korea by 25% to ...

S.Korea’s best-selling premium fashion brand Time to go global

S.Korea’s best-selling premium fashion brand Time to go global

Handsome Corp., a fashion house of South Korea’s major retailer Hyundai Department Store Group, will launch The Time, an upmarket collection...

S.Korea's Riiid enters Brazilian public education market

S.Korea's Riiid enters Brazilian public education market

South Korean AI-powered edtech firm Riiid will enter the Brazilian public education market. The company announced on Wednesday that it has signed a ...

FDI pledges to S.Korea set fresh record in H1 2023

FDI pledges to S.Korea set fresh record in H1 2023

Foreign direct investment pledges to South Korea from January to June of this year soared 54.2% on-year, hitting a record high for the first-half pe...

SK Bioscience, Thai’s GPO to jointly boost vaccine infrastructure

SK Bioscience, Thai’s GPO to jointly boost vaccine infrastructure

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Wednesday that it has signed a memorandum of understanding (MO...

Ontario, S.Korea VC firm to establish $76 mn healthcare fund

Ontario, S.Korea VC firm to establish $76 mn healthcare fund

Canada's Ontario government has joined hands with a South Korean venture capital firm to establish a fund of 100 million Canadian dollars ($75.6 mil...

Up close and personal look at HYBE workplace, culture

Up close and personal look at HYBE workplace, culture

The share price of South Korea’s HYBE Co., the company behind the global sensation BTS, has advanced more than 60% this year, hitting its high...

Hyundai’s restyled Santa Fe to revive SUV boom in S.Korea

Hyundai’s restyled Santa Fe to revive SUV boom in S.Korea

South Korea’s top automaker Hyundai Motor Co. is set to release a next-generation model of its steady-seller Santa Fe SUV this quarter, leadin...

S.Korea's Wrtn integrates Google's latest LLM PaLM 2

S.Korea's Wrtn integrates Google's latest LLM PaLM 2

South Korean generative AI startup Wrtn Technologies announced on Tuesday that it has integrated Google's latest PaLM 2 non-English language model i...

SK C&C to release Kospi-focused AI investment strategy service

SK C&C to release Kospi-focused AI investment strategy service

SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inve...

SK Square, SK Hynix set up $77 million chip investment unit

SK Square, SK Hynix set up $77 million chip investment unit

SK Square Co. and SK Hynix Inc., together with two other South Korean companies, have launched a 100 billion won ($77 million) joint investment unit...

S.Korea's T&R Biofab secures patent in Japan for 3D-printed liver

S.Korea's T&R Biofab secures patent in Japan for 3D-printed liver

South Korea's regenerative medicine company T&R Biofab Co. on Monday said it obtained a patent in Japan for production technology for liver or...

Korea inflation at 21-month low; BOK may end rate hikes

Korea inflation at 21-month low; BOK may end rate hikes

South Korea’s headline inflation dropped for a fifth straight month to a 21-month low, adding to expectations that the central bank might not ...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

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