Samsung Elec to develop spam filter with public web body
Samsung Electronics Co. and the Korea Internet & Security Agency (KISA) on Wednesday signed a memorandum of understanding on minimizing damage t...
Late Samsung chairman Lee's New Management back in spotlight
As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...
Hyundai, Kia sign power chip supply, tech tie-up deal with Infineon
South Korea’s top automaker Hyundai Motor Group has formed a strategic partnership with German chipmaker Infineon Technologies AG to secure a ...
Zuellig mulls acquiring S.Korea’s top drug distributor Geo-Young
Asia’s leading drug distributor Zuellig Pharma is considering the acquisition of Geo-Young Corp., the largest medicine wholesaler in South Kor...
Korea Inc.’s record short-term borrowing raises specter of debt overhang
South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 200...
Humedix gets gov't OK for trials of dementia candidate drug
South Korea’s Humedix Co., a developer of biological and pharmaceutical products, on Tuesday said it received approval from the Ministry of Fo...
Nongshim invests $7.4 mn to nurture food tech startups
South Korean food and beverage giant Nongshim Co., unveiled plans on Wednesday to pump 10 billion won ($7.4 million) into venture funds, aiming to d...
Lululemon opens logistics center in S.Korea
Global sports brand Lululemon Athletica Inc. opened its first logistics center in South Korea. It's located in Icheon, Gyeonggi Province. This ...
Korea's Harim to divest of Hanjin KAL shares to fund HMM acquisition
South Korea’s poultry processing company Harim Group is set to sell off all its Hanjin KAL Co. shares its affiliate owns to secure capital for...
SK to invest in S.Korean company for bio jet fuel materials
SK Group, South Korea’s energy-to-semiconductor conglomerate, is set to invest in a local renewable energy ingredient provider for stable proc...
Robot dog Spot patrols Kia auto plant late at night
South Korean carmaker Kia Corp. ’s plant in Hwaseong, a southern suburb of Seoul in Gyeonggi Province, is guarded late at night by Spot, a fou...
100 new South Korean AI vanguards to be unveiled
One hundred new South Korean startups at the vanguard of development of innovative AI technology will be unveiled later this month, according to The...
Korea delays ESG reporting rules for firms to 2026 or later
South Korea will postpone implementation of environmental, social and governance (ESG) disclosure rules for the country’s listed firms from 20...
Lotte leads corporate push to raise Korea’s dismal birthrate
South Korea’s dreadfully low birthrate — the world’s lowest — is not just a concern for politicians or government officials....
Korea’s LG telecom unit to launch logistics platform service
LG Uplus Corp., South Korea’s No. 3 mobile carrier, is poised to launch a platform service that will digitally transform the local logistics s...
GI Innovation transfers allergy treatment tech to Japan
South Korea's GI Innovation Inc. announced on Monday it has transferred its allergy treatment "GI-301" to the Japanese pharmaceutical company Maruho...
LG Innotek gains int'l licensor status for EV charging tech
South Korean electronic parts maker LG Innotek has received global recognition for its international standard patents for electric vehicle (EV) char...
Korea’s battery trio aims to outsmart Chinese rivals in US
South Korea’s three major battery makers — LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. — recently came under renewed pr...
Korea game makers lure more female users with Hello Kitty
South Korean game developers have teamed up with Hello Kitty and other fictional characters of Japanese entertainment company Sanrio Co. to lure mor...
Hanwha Robotics produces kitchen automation robots
South Korea’s Hanwha Robotics on Sunday announced its signing of an agreement on the development and commercial use of a robotics system for k...
HSBC, BNP Paribas to be fined for naked short sales in S.Korea
South Korea's Financial Supervisory Service (FSS) will fine the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and Bank BNP Paribas the large...
S.Korea sees rise in young, independent Chinese tourists
South Korea is welcoming a growing number of Chinese tourists since China lifted a ban on group tours to its neighboring country on Aug. 10 after mo...
Korea's GS Caltex faces FTC probe into intra-group trading
The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex Corp., the country&r...
Kia to build 2nd purpose-built vehicle plant in Korea
Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...
KFC Korea to start franchise business for faster growth
Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...
Fake Rolexes most common counterfeit watches smuggled into S.Korea
After the COVID-19 crisis, it has been revealed that counterfeit goods smuggling is on the rise once again. According to data submitted by the Korea...
LG Uplus set to catch up to KT as Korea’s No. 2 mobile carrier
LG Uplus Corp., the perennial No. 3 mobile carrier in South Korea, is fast catching up to its closest rival KT Corp. to rank second just beh...
S.Korea's SKC to sell polyurethane raw material unit for $304 mn
South Korean chemical material company SKC Ltd. is selling its unit for raw materials of polyurethane (PU), a chemical substance.The company’s...
S.Korea's DuChemBio localizes core materials of radiopharmaceuticals
South Korea's DuChemBio Co. announced on Thursday that it has obtained final approval for a recovery and purification facility for oxygen-18 concent...
Korea’s household, business loans on upswing in September
South Korea’s household debt continued to rise for the sixth consecutive month in September despite stricter regulations on mortgages, while b...
