S.Korea sets Nuri space rocket’s third launch on May 24

S.Korea sets Nuri space rocket’s third launch on May 24

South Korea will conduct a third attempt to launch its first domestically designed and developed space rocket Nuri on May 24. The Ministry of Scien...

S.Korea's NHN Commerce acquires domestic cosmetics brand WLab

S.Korea's NHN Commerce acquires domestic cosmetics brand WLab

South Korea's major online company NHN Corp.'s online shopping platform NHN Commerce announced on Tuesday that it has acquired domestic cosmetics br...

NPS, Korea Investment to sell off stake in Brazilian miner CBMM

NPS, Korea Investment to sell off stake in Brazilian miner CBMM

South Korea’s National Pension Service (NPS) and Korea Investment Private Equity Co. are set to sell off their stake in a Brazilian rare metal...

Number of Netflix users in S. Korea drops 30% in a year

Number of Netflix users in S. Korea drops 30% in a year

The number of Netflix users in South Korea has decreased by more than 30% in the past year since the recovery from COVID-19. According to Byun Jae-...

KCCI, JCCI hold a working level meeting in six years

KCCI, JCCI hold a working level meeting in six years

Business representatives from South Korea and Japan gathered for the first time in six years, with the Korea Chamber of Commerce and Industry (KCC...

S.Korea sees release of generic diabetes drugs after Forxiga patent expires

S.Korea sees release of generic diabetes drugs after Forxiga patent expires

South Korea's pharmaceutical companies are competing to sell generic drugs to raise their presence on the domestic market for diabetes treatment wit...

Korea’s debt-ridden public companies selling off overseas coal mines

Korea’s debt-ridden public companies selling off overseas coal mines

South Korea’s debt-ridden public enterprises are selling off their stakes in overseas coal mines to improve their financial status and stay in...

Chanel watches make world's 1st online debut in Korea

Chanel watches make world's 1st online debut in Korea

Chanel watches have made their online debut through South Korea's leading platform SSG.COM, becoming the French brand’s first launch of fashio...

Korea Coal Corp. to sell Mongolian mine amid energy resource boom

Korea Coal Corp. to sell Mongolian mine amid energy resource boom

Korea Coal Corporation, a South Korean state-owned firm, is preparing to sell its Khotgor Shanaga coal mine in Mongolia, which it acquired in 2010...

Rebellions CEO aims to outrival Qualcomm within a decade

Rebellions CEO aims to outrival Qualcomm within a decade

Artificial intelligence is the talk of the tech world, particularly with the rise of the worldwide sensation OpenAI’s ChatGPT, the generative ...

S.Korea to allocate 70% of annual R&D budget to eleven core tech areas

S.Korea to allocate 70% of annual R&D budget to eleven core tech areas

The South Korean government plans to allocate 70% of its annual R&D budget to 40 projects for research and development in eleven core industrial...

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...

LG Electronics eyes solid Q2 results after Q1 earnings surprise

LG Electronics eyes solid Q2 results after Q1 earnings surprise

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

S.Korea's Musinsa promotes domestic fashion brands in Tokyo

S.Korea's Musinsa promotes domestic fashion brands in Tokyo

South Korea's e-commerce fashion platform Musinsa announced on Friday that it opens a K-fashion brand pop-up store in Tokyo's Harajuku until April 1...

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Electric Co., the electrical power equipment and energy solution affiliate of South Korean conglomerate HD Hyundai Co. Group, on Friday s...

S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests

S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests

Rebellions Inc., a South Korean artificial intelligence chip design startup, beat global chip giants Qualcomm Technologies Inc. and Nvidia Corp. in ...

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...

Korea's InnoGrid to collaborate with Hyosung for cloud business

Korea's InnoGrid to collaborate with Hyosung for cloud business

InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...

Korea's electric battery maker SK On predicts 'tangible results' from 2024

Korea's electric battery maker SK On predicts 'tangible results' from 2024

"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...

S.Korea's D-Rex Polymer starts making green adhesive

S.Korea's D-Rex Polymer starts making green adhesive

South Korean petrochemical company DL Chemical on Thursday said its subsidiary D-Rex Polymer on April 1 began production of an eco-friendly adhesive...

Shared growth with startups essential for GS Group: Chairman Huh

Shared growth with startups essential for GS Group: Chairman Huh

GS Group, a South Korean energy-to-retail conglomerate, plans to aggressively invest in startups and venture companies with promising technology &nd...

S.Korea's NPS increases stake in Lotte Tour Development

S.Korea's NPS increases stake in Lotte Tour Development

South Korea's National Pension Service (NPS) has increased its stake in Lotte Tour Development Co. to 6.07%, according to an announcement by Lotte T...

S.Korea strikes deal with Ecuador to export pears

S.Korea strikes deal with Ecuador to export pears

South Korea's Animal and Plant Quarantine Agency announced on Thursday that after 10 years of negotiations, the country has secured a deal with Ecua...

S.Korea's Yanolja Cloud acquires US solution company InSoft

S.Korea's Yanolja Cloud acquires US solution company InSoft

South Korea's Yanolja Cloud announced on Thursday that it has acquired InSoft, a US hospitality solution company, to establish a base for expanding ...

SK C&C partners with Storm Ventures to discover promising B2B startups

SK C&C partners with Storm Ventures to discover promising B2B startups

South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and c...

South Korea's Kosdaq Global Index set to add more stocks

South Korea's Kosdaq Global Index set to add more stocks

Financial investment sources on Wednesday said Korea Exchange on March 31 conducted a regular review on listing more companies on the Kosdaq Global ...

S. Korea's Orion sees brisk sales growth in Vietnam, Russia

S. Korea's Orion sees brisk sales growth in Vietnam, Russia

South Korea's confectionary giant Orion Corp. has seen brisk sales growth this year, pushing out rival CJ CheilJedang Corp. to solidify its dominanc...

SeAH rolls out S.Korea's first 24-inch STS steel pipe production line

SeAH rolls out S.Korea's first 24-inch STS steel pipe production line

South Korea's SeAH Steel Corp. through an expansion has the nation's largest plant for stainless steel (STS) welded steel pipe measuring 60.9 cm (24...

S.Korean AI startup Liner Launches multilingual AI chatbot

S.Korean AI startup Liner Launches multilingual AI chatbot

South Korean AI search platform Liner announced on Wednesday the launch of a groundbreaking interactive search chatbot called "Liner Chat," designed...

S.Korea to allow actual construction of hydrogen-powered ship

S.Korea to allow actual construction of hydrogen-powered ship

South Korea's the Ministry of Oceans and Fisheries announced on Wednesday that it has established "tentative standards for ship hydrogen fuel cell e...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale