SK Chairman Chey vows to turn Ulsan into green energy, AI hub
Chey Tae-won, chairman of South Korea’s second-largest conglomerate SK Group, has vowed to turn the industrial city of Ulsan, where SK’s...
Young Poong, AJ Networks to form battery recycling chain in Europe
South Korea’s non-ferrous metal company Young Poong Co. has teamed up with AJ Networks to establish a secondary batteries resource circulation...
Moderna signs mRNA access deals with S.Korea's universities
The US biotech and pharmaceutical company Moderna on Friday announced signings of contracts with the academic-industry cooperation foundations of Ko...
Korea's STX denies rumors it is backed by Chinese fund
South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, refuting false reports swirling in the m...
Krafton, Naver eye Overdare as S.Korea's answer to Roblox
South Korea's game company Krafton Inc. and Naver Z, a metaverse unit of the country’s portal giant Naver Corp. on Thursday said they will u...
LG Chem, Eni eye JV to build biofuel plant in Korea
South Korea’s LG Chem Ltd. and Italy's energy giant Eni Sustainable Mobility (SM) have tentatively agreed to build a hydrotreated vegetable oi...
Samsung releases Galaxy Watch6 Classic PXG edition
Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...
S.Korea's golf industry market exceeds $15 bn in value: report
The value of South Korea's golf industry market last year exceeded 20 trillion won ($15 billion).A report by the Daejeon-based Yuwon Golf Foundation...
S.Korea to extend $6 bn in financing for African projects
BUSAN – South Korea will offer $6 billion in cheap loans and funds to domestic companies between 2024 and 2025 to finance their construction a...
POSCO, Hyundai unveil hydrogen value chains at H2 MEET 2023
Hydrogen-fueled cars, drones and energy systems were unveiled on Wednesday during South Korea’s largest hydrogen industry exhibition H2 MEET, ...
Want to buy an iPhone 15 in South Korea? Pay more
During the unveiling of the much-anticipated iPhone 15 series on Tuesday, Apple Inc. said its newest product line is in same price range as its prev...
Stamps of K-Street food to be issued on Sept. 21
South Korea's state-run postal service agency Korea Post announced on Wednesday that it will issue 1.28 million commemorative stamps featuring two o...
SK Ecoplant, S.Korean startup to recycle waste fishing nets in SE Asia
South Korea’s top waste management company SK Ecoplant has joined forces with Netspa, a Busan-based startup for recycling waste fishing nets, ...
SK Enpulse to sell off chip processing units in China
SK Enpulse Co., a South Korean semiconductor part and equipment maker, said on Wednesday it will sell off its chip pre-manufacturing processing unit...
SK C&C to provide corporate employee healthcare
South Korea’s SK C&C on Tuesday signed an agreement to offer employee healthcare management programs to companies with digital healthcare ...
Korea’s fertility startups gain traction with advanced technologies
South Korea’s fertility startups are garnering attention from investors with innovative technologies such as self-testing of ovarian health, s...
Seoul eyed as possible 2nd Asian base of Gagosian empire
Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...
Korea’s heavy dependence on China for raw materials deepens
While the urea crisis in 2021 laid bare South Korea’s heavy dependence on China for basic raw materials, concerns are growing that Korea&rsquo...
Canada's coffee brand Tim Hortons to open store in Gangnam
Canada's No. 1 coffee chain Tim Hortons revealed plans on Tuesday to establish its first South Korean flagship store at the bustling intersection of...
SK Telecom's solution slashes cloud operating costs up to 40%
South Korea's SK Telecom Co. on Monday said it launched an optimization solution based on Amazon Web Services (AWS) that slashes cloud operating cos...
SK Forest, NH Securities to cut CO2 emissions in East Timor
South Korea’s SK Forest Co. and NH Investment & Securities on Friday held a launching ceremony for their joint supply of high-efficiency c...
S.Korea's KT invests in domestic startups Upstage, Qanda
South Korea's KT Corp. has invested 20 billion won ($15 million) in two domestic artificial intelligence (AI) startups. For the second time in ...
S.Korea, Indonesia to bolster high-tech partnership
JAKARTA, Indonesia -- South Korea and Indonesia have affirmed their commitment to expanding the scope of business cooperation from high tech to food...
SK E&S signs PPA agreement with Iljin Group affiliates
South Korea's SK E&S announced on Friday that it has entered into a direct power purchase agreement (PPA) with Iljin Global and Bearing Art, bot...
KB Financial Vice Chairman Yang named sole chairman candidate
KB Financial Group Inc. has chosen Yang Jong-hee, its vice chairman, as the sole candidate for its next chief in charge of South Korea’s leadi...
S.Korea to receive $1 bn in unpaid bills from Uzbek gas project
South Korean firms are poised to receive $1 billion in unpaid bill that has accumulated since 2017 from Uzbekistan’s Surgil gas project as the...
SK Ecoplant to build data center linked to landing station in Pohang
South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing station in Pohang, North ...
S.Korea posts current surplus on bigger import decline in July
South Korea maintained a surplus in the current account balance for the third consecutive month in July, driven by its positive goods trade balance ...
SK Rent-a-Car to replace internal combustion engine cars with EVs
SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company aims to capitalize ...
POSCO to lead Korea-Australia hydrogen, minerals partnership
POSCO Group, South Korea’s largest steelmaker, will lead the country's efforts to cement a partnership with Australia in a broader range of ar...
