Hyundai, Ultra Safe Nuclear sign micro reactor procurement agreement

Hyundai, Ultra Safe Nuclear sign micro reactor procurement agreement

Hyundai Engineering Co., the plant engineering and construction arm of Hyundai Motor Group, announced on Friday that it signed a framework agreement...

Samsung SDI to hasten US battery plant groundbreaking

Samsung SDI to hasten US battery plant groundbreaking

Samsung SDI Co., the world's sixth-largest battery maker, is set to push forward the start of its plant construction in the US by two months in resp...

POSCO builds EV battery recycling plant in Poland

POSCO builds EV battery recycling plant in Poland

South Korea’s POSCO Holdings has built a rechargeable battery recycling plant in Poland, in line with Europe’s tougher regulations on ba...

Corporate sponsors focus on luxury at Seoul's first Frieze Art Fair

Corporate sponsors focus on luxury at Seoul's first Frieze Art Fair

With just three days before the world-renowned Frieze Art Fair launches its inaugural event in Seoul, corporate sponsors are duking it out to outs...

LG unveils AI ethics principles focusing on respect to humans

LG unveils AI ethics principles focusing on respect to humans

LG Group announced on Wednesday artificial intelligence ethics principles focusing on respect for humans that employees in the sector must follow as...

LG to nurture automotive electronics talent at Korean universities

LG to nurture automotive electronics talent at Korean universities

LG Electronics Inc., the world’s leading home appliance maker, plans to foster talent for its automotive electronics business at South Korean ...

Hyundai Motor, LG Energy secure $710 mn for battery JV in Indonesia

Hyundai Motor, LG Energy secure $710 mn for battery JV in Indonesia

South Korea’s Hyundai Motor Group and battery maker LG Energy Solution Ltd. have secured $710 million from financial institutions overseas to ...

LG Display set to benefit from post-pandemic automotive display boom

LG Display set to benefit from post-pandemic automotive display boom

The rapid growth of the electric vehicle market and the advance of autonomous driving technology is providing a silver lining for automotive display...

Korea Inc. cuts factory runs, capex on record inventory

Korea Inc. cuts factory runs, capex on record inventory

Samsung Electronics Co. and other major South Korean companies have reduced their plant operations and capital expenditures as weakening demand amid...

LG, KT join forces to launch next-generation service robots

LG, KT join forces to launch next-generation service robots

South Korea’s leading telecommunications company KT Corp. has partnered with LG Electronics Inc. to develop and launch next-generation custome...

LG CNS posts double-digit profit growth ahead of 2023 IPO

LG CNS posts double-digit profit growth ahead of 2023 IPO

South Korea's largest cloud computing service provider LG CNS Co. on Tuesday reported double-digit growth in both profit and revenue in the second q...

LG Chem, ADM to build two bioplastics plants in Illinois

LG Chem, ADM to build two bioplastics plants in Illinois

LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it has signed an agreement with Archer Daniels Midland Co. (ADM), a globa...

Samsung Elec. unveils Odyssey Ark, 55-inch curved gaming screen

Samsung Elec. unveils Odyssey Ark, 55-inch curved gaming screen

Samsung Electronics Co. on Monday announced the global launch of Odyssey Ark, the world’s first 55-inch 1000R curved gaming screen. 100...

Exhibition: Samsung heir’s donation of Lee Jung-seob works

Exhibition: Samsung heir’s donation of Lee Jung-seob works

The late Samsung Group chairman Lee Kun-hee was an avid arts collector.Though the business magnate did not mention names, it was easy to guess who h...

LG Group to launch AI education programs for teenagers

LG Group to launch AI education programs for teenagers

South Korea’s LG Group will include teenagers in its mid- to long-term project to nurture artificial intelligence talent, as AI technology is ...

Hong Kong-based Crypto.com acquires South Korean exchange OK-BIT

Hong Kong-based Crypto.com acquires South Korean exchange OK-BIT

Hong Kong-based Crypto.com announced Monday it finalized the acquisition of a 100% stake in South Korea’s cryptocurrency exchange operator OK-...

Mobility platform Socar slashes price to push ahead with IPO

Mobility platform Socar slashes price to push ahead with IPO

South Korea’s first mobility unicorn Socar Inc. has cut its IPO price by 18% to push ahead with its stock market debut, according to industry ...

Four chip alliance: S.Korea's courage to overcome Chinaphobia

Four chip alliance: S.Korea's courage to overcome Chinaphobia

“I'm gonna make him an offer he can’t refuse.”Ahn Cheol-soo, a senior lawmaker of South Korea’s ruling People Power Party, c...

It's time for individual investors to bet on stocks: Carlyle's David Rubenstein

It's time for individual investors to bet on stocks: Carlyle's David Rubenstein

  A lot of stock investors have jumped into the bullish market in recent years. But global inflation and recession appear as threats to invest...

LG Elec. revives tablet business to target Korean edtech market 

LG Elec. revives tablet business to target Korean edtech market 

LG Electronics Inc. is going all in on South Korea’s distance learning market. For the first time in three years, the electronics giant h...

LG CNS chosen design consultant for Indonesia's $38 bn smart city project

LG CNS chosen design consultant for Indonesia's $38 bn smart city project

LG CNS Co., a South Korean major information technology service provider, is set to consult on the design of an Indonesian smart city project worth ...

LG Elec. launches 'online playground' for Gram laptop users

LG Elec. launches 'online playground' for Gram laptop users

In a bid to bolster its fan base, LG Electronics Inc. has launched an online community dedicated to users of its LG Gram laptops. The digital s...

Sejong Univ. unveils upgraded biosensor-related technology

Sejong Univ. unveils upgraded biosensor-related technology

South Korea’s Sejong University has developed a technology to sharply reduce the detection time of biomolecules produced by cells and living o...

LG Energy to power all its global operations with renewable energy by 2025

LG Energy to power all its global operations with renewable energy by 2025

LG Energy Solution Ltd., South Korea’s top battery maker, plans to power all its global production sites with only renewable energy by 2025 to...

Kakao Games posts record-high operating profit in Q2

Kakao Games posts record-high operating profit in Q2

Kakao Games Corp., the game publishing unit of South Korean web service giant Kakao Corp., said on Wednesday it achieved record-high operating profi...

SK Hynix unveils world's first 238-layer NAND; Samsung SSD 20 times faster

SK Hynix unveils world's first 238-layer NAND; Samsung SSD 20 times faster

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are set to overtake their rivals in the industry’s...

Chinese game Genshin Impact's summer fest draws large crowds in Seoul

Chinese game Genshin Impact's summer fest draws large crowds in Seoul

Shanghai-based game developer and publisher miHoYo Co. on Wednesday wrapped up its well-attended week-long Genshin 2022 Summer Festival in Seoul.&nb...

S.Korean startup Time Percent gives power to digital asset investors 

S.Korean startup Time Percent gives power to digital asset investors 

South Korean startup Time Percent Corp. was founded a year ago with the specific goal of giving power to the investors of digital assets, rather tha...

China's lockdown slams Korean beauty giants' Q2 earnings

China's lockdown slams Korean beauty giants' Q2 earnings

South Korea’s two major cosmetics firms, Amorepacific Corp. and LG H&H Co., posted their second-quarter earnings heavily impacted by Chi...

LG Chem, GM in $30.6 billion EV battery materials supply deal

LG Chem, GM in $30.6 billion EV battery materials supply deal

South Korea’s top chemicals company LG Chem Ltd. has signed a long-term battery materials supply deal with General Motors Co. to support the U...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race