S.Korea woos Chinese visitors via temporary e-visa fee exemption

South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...

Korea ranks 3rd on global dominant product list to tie Japan

TOKYO -- South Korea has ranked third among countries having the world’s most dominant products. In six categories, including smartphones, mem...

SK Ecoplant to supply fuel cells to Singapore data center

South Korea's SK Ecoplant will supply solid oxide fuel cells (SOFC) for the power supply system of a data center to be built in Singapore by GDS, Ch...

S.Korea's Posco International secures graphite in Africa

South Korea's POSCO International Corp. is broadening its footprint in Africa's secondary battery raw material sector, with plans to secure an annua...

Land use for SK Ecoplant's wind power venture in Canada approved

The green hydrogen Nujio’qonik project in Canada, a venture that South Korea's SK Ecoplant is taking part in, has secured approval to use go...

SK Hynix, Samsung's fight for HBM lead set to escalate on AI boom

Long-time runner-up SK Hynix Inc. significantly narrowed the market share gap with global memory leader Samsung Electronics Co. to 6.3 percentage po...

AI webtoon generator Realdraw earns most votes at D.Day

Realdraw, a South Korean developer of artificial intelligence image generation technology, won the country’s oldest startup pitch race D.Day l...

L'Oréal keeps door open for more K-beauty acquisitions

L'Oréal S.A., the leading global cosmetics maker, is considering more acquisitions and partnerships in the beauty sector of South Korea, the ...

Korea emerges as growth market, design hub for global brands

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

Korea’s exports down for 11th month in August but at slower pace

South Korea’s exports shrank last month for 11 consecutive months but signs of a recovery in demand for the country’s mainstay export it...

Duty-free shops in Jeju welcome return of Chinese cruise tourism

For the first time since Beijing lifted restrictions on group tourism to South Korea, Chinese cruise tourists have flocked to Jeju Island's duty-fre...

Hanmi Semiconductor wins $31 mn order HBM equipment for SK Hynix

South Korean chip equipment company Hanmi Semiconductor Co. said on Friday that it has secured a 41.5 billion won ($31.4 million) deal with SK Hynix...

Hyundai Engineering to produce offshore wind power on Chuja Islands

South Korea’s Hyundai Engineering on Thursday said it signed the day before a memorandum of understanding with Equinor Korea, LG Chem Ltd., PO...

NewJeans selected as global ambassador for Pepero

Lotte Wellfood announced on Friday that it has appointed K-pop girl group NewJeans as the global ambassador for its iconic snack brand, Pepero. Know...

Discovery in S.Korea promises dieting without limits on eating

A drug candidate in South Korea could allow people seeking to lose weight to eat to their heart's content.The Center for Cognition and Sociality of ...

Corning produces ultra-thin bendable glass in Korea

Corning Inc. has built its first integrated supply chain to produce next-generation, ultra-thin bendable glass in South Korea, where it plans to inv...

SK eyes $1 bn gains from Chinese copper foil firm exit

SK Inc. has embarked on the process to sell its 30% stake in Londian Wason Energy Tech, the owner of the world’s largest copper foil maker, in...

Korea’s July factory output slows at fastest pace since February

South Korea’s factory output contracted at the fastest rate in six months last month on subdued global demand especially from China, while its...

SK Telecom unveils analytics solution for UAM networks

South Korea's SK Telecom Co. disclosed its cutting-edge analytics solution and simulator specifically geared for urban air mobility (UAM) commun...

SK Group commemorates chairman's 25th year since inauguration

SK Group, South Korea’s No. 2 conglomerate, will commemorate the 25th anniversary of Chey Tae-won’s inauguration as chairman on Sept. 1....

SK On unveils new material to improve EV battery capacity

SK On Co., the world’s fifth-largest electric vehicle cell maker, has unveiled a new material to improve its competitiveness in the solid-stat...

Samsung’s connectivity vs. LG’s sustainability at IFA 2023

BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...

S.Korea’s Coreline Soft teams up with HCK of Switzerland

South Korea's Coreline Soft, a maker of artificial intelligence (AI)-based imaging diagnostic materials, on Wednesday said it will sell its chest di...

Hyundai Steel's offshore wind power plant gets int’l certification

South Korea’s Hyundai Steel on Wednesday said its Ulsan Factory 2 in the southern coastal city of Ulsan received certification as an offshore ...

Kim Young-shub, ex-LG CNS chief, to lead Korea’s telecom giant KT

Kim Young-shub, former chief executive of information technology service provider LG CNS Co., has been named to head South Korea’s leading tel...

S.Korea’s birth rate at record low despite rebound in marriages

South Korea’s total fertility rate hit its trough of 0.7 again in the second quarter, according to Statistics Korea on Wednesday, deepening th...

Hyundai to invest $398 mn in Korea Zinc for battery materials

Hyundai Motor Group, the global No. 3 automaker, is set to invest $398 million in Korea Zinc Inc., the world’s top lead and zinc smelter, for ...

Foreign visitors to S.Korea in July surpass 1 mn post-COVID-19

The number of foreign tourists visiting South Korea has exceeded 1 million in a month for the first time since the outbreak of COVID-19. According t...

S.Korea to invest in Korean-owned overseas startups

South Korea will expand startup nurturing programs into overseas venture companies launched by Koreans from next year as the country is stepping up ...

New, restyled models intensify SUV battle in S.Korea

Global automakers are racing to release new and restyled sport utility vehicles in South Korea, intensifying the battle to dominate the biggest auto...