LG Uplus aims to double corporate value via platforms

LG Uplus aims to double corporate value via platforms

LG Uplus Corp., the third-largest mobile carrier in South Korea, is slated to increase its corporate value to 12 trillion won ($8.6 billion) by 2027...

Hyundai faces growing rivalry with China’s BYD in Southeast Asia

Hyundai faces growing rivalry with China’s BYD in Southeast Asia

Chinese electric vehicle maker BYD’s announcement last week that it will build its first overseas EV plant in Thailand is setting off alarm be...

Biden’s move to beef up US bio industry poses threat to Korean firms

Biden’s move to beef up US bio industry poses threat to Korean firms

President Joe Biden’s plan to support the US biomanufacturing infrastructure aimed at containing China’s clout is posing a threat to Sou...

LG Energy, KT join KED’s top 30 Korean innovator list

LG Energy, KT join KED’s top 30 Korean innovator list

KT Corp. and Studio Dragon Corp. have joined the ranks of South Korea’s most innovative companies thanks to their creation of cultural produ...

LG AI center joins forces with Parsons School for creative AI development 

LG AI center joins forces with Parsons School for creative AI development 

South Korea’s LG Corp. announced it signed an academic collaboration agreement with the New York City-based Parsons School of Design on Monday...

LG Group revs up EV charging businesses to lead burgeoning sector

LG Group revs up EV charging businesses to lead burgeoning sector

LG Group affiliates, notably LG Electronics Inc. and LG Uplus Corp., are entering the electric vehicle (EV) charging business in full force. In...

DB HiTek develops automotive power semiconductor tech

DB HiTek develops automotive power semiconductor tech

DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...

Lotte Card draws bid from Hana as key candidates back off

Lotte Card draws bid from Hana as key candidates back off

South Korea's Lotte Card Co. has drawn preliminary bids from Hana Financial Group, a leading banking group in the country, and two to three unidenti...

CalSTRS, Korea's KTCU consider launching 2nd real estate JV

CalSTRS, Korea's KTCU consider launching 2nd real estate JV

The Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and the California State Teachers' Retire...

LG Uplus' K-pop idol platform goes global via smart TVs

LG Uplus' K-pop idol platform goes global via smart TVs

Fans of K-pop idols such as boyband sensation BTS and girl group Blackpink will be able to enjoy their live performances through smart TVs at home a...

Samsung C&T ties up with Korean firms for hydrogen biz

Samsung C&T ties up with Korean firms for hydrogen biz

Samsung C&T Corp., the construction and trading arm of Samsung Group, has joined forces for the clean hydrogen businesses with South Korean comp...

Samsung, LG eye niche sectors to boost tablet sales

Samsung, LG eye niche sectors to boost tablet sales

South Korea’s electronics companies are launching tablet PCs with niche targets as the global tablet market has shrunk for four consecutive qu...

Lotte to invest $900 mn in Vietnam smart city project

Lotte to invest $900 mn in Vietnam smart city project

Lotte Group, South Korea’s fifth-largest conglomerate, is set to invest $900 million in Vietnam to establish a smart city as it aims to accele...

LG Elec unveils new NFT platform, aims to turn living room into art gallery

LG Elec unveils new NFT platform, aims to turn living room into art gallery

LG Electronics Inc. announced Monday it has launched its very own non-fungible token (NFT) platform, LG Art Lab. Now available in the United St...

Samsung, LG present home appliances future at IFA 2022

Samsung, LG present home appliances future at IFA 2022

BERLIN -- South Korea’s leading home appliances makers Samsung Electronics Co. and LG Electronics Inc. are showcasing the future of consumer t...

Business magnates' startup investment fraternity V-Society going strong

Business magnates' startup investment fraternity V-Society going strong

Back in August 2000, a fraternity of domestic business magnates’ children and startup entrepreneurs named V-Society was founded. The frat...

SK Innovation unveils plans for Scope 3 carbon emission reduction

SK Innovation unveils plans for Scope 3 carbon emission reduction

SK Innovation Co. published its 2022 Net Zero Special Report on the company website on Wednesday, detailing its plan of action for Scope 3 carbon em...

South Korea’s Shinhan launches credit card in Vietnam

South Korea’s Shinhan launches credit card in Vietnam

South Korea’s Shinhan Card Co. launched its first credit card in Vietnam to expand its business portfolios into overseas markets as the sector...

LG Chem to build carbon nanotube Plant 4 for EV batteries

LG Chem to build carbon nanotube Plant 4 for EV batteries

LG Chem Ltd., South Korea’s chemicals giant, is set to build the world’s largest single-line carbon nanotube (CNT) manufacturing plant i...

Micron’s entry into DDR5 market: A boon for Samsung, SK Hynix

Micron’s entry into DDR5 market: A boon for Samsung, SK Hynix

The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...

LG Energy, Honda to form JV for EV battery production in the US

LG Energy, Honda to form JV for EV battery production in the US

LG Energy Solution Ltd. announced on Monday that it reached an agreement with Honda Motor Co. to establish a joint venture company to produce lithiu...

LG Electronics to debut world’s largest 97-inch OLED TV at IFA 2022

LG Electronics to debut world’s largest 97-inch OLED TV at IFA 2022

LG Electronics Inc. will unveil the world’s largest 97-inch organic light-emitting diode TV at the upcoming electronics show in Germany, a mov...

Samsung, LG boost use of recycled materials for electronics

Samsung, LG boost use of recycled materials for electronics

South Korean tech giants Samsung and LG are increasing their amount of electronic products made from recycled materials. The companies will showcase...

LG Electronics to operate two lounges for OLED R monitor at Frieze Seoul

LG Electronics to operate two lounges for OLED R monitor at Frieze Seoul

South Korean electronics giant LG Electronics Inc. will operate two lounges at the world-renowned Frieze Art Fair’s inaugural event in Seoul.&...

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...

Crypto exchange Binance to work with Busan on blockchain

Crypto exchange Binance to work with Busan on blockchain

Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday it had signed a memorandum of understanding (MOU) ...

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...

Startup accelerator D.Camp marks 100th demo day

Startup accelerator D.Camp marks 100th demo day

Startup accelerator D.Camp’s demo day event dubbed D.Day celebrated its 100th event on Thursday. The first D.Day event was held in June 2...

Demand for Samsung foldables keeps smartphone parts makers busy

Demand for Samsung foldables keeps smartphone parts makers busy

Smartphone parts suppliers to Samsung Electronics Co. are running their plants at full capacity as the South Korean tech giant’s latest fold...

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...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation