LG Elec’s home appliance selected as most reliable brand in US

South Korea's LG Electronics Inc. has been named the most reliable appliance brand by American consumers.According to Consumer Reports, a leading ...

SE Asian visitors revive Seoul’s tourism industry

In Myeongdong, Seoul’s shopping mecca, on May 14, street vendors were busy soliciting foreign tourists, greeting them in their mother tongues ...

LG Electronics delivers LED outdoor billboard to Peru

South Korea's LG Electronics Inc. announced on Friday its successful delivery of a massive billboard to Lima, the capital city of Peru. The LED disp...

LG Electronics' German affiliate gets partner for vehicle front development

ZKW Group of Germany, an automotive lighting and headlight affiliate of LG Electronics Inc., on Thursday said it signed a memorandum of understandin...

Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3

South Korea’s top automaker Hyundai Motor Co. will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next d...

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...

Samsung Electronics to open flagship store in Seoul's Gangnam district

Samsung Electronics Co. in late June will open its new flagship store Samsung Gangnam near Gangnam Station, a posh area of Seoul.Sources from the in...

S.Korea to prop up quantum tech with academia, private sector   

South Korea, trailing in the global race for quantum technology, will open a new quantum technology-dedicated graduate school with a consortium led ...

LG Uplus to open cyber security dept. at Soongsil Univ.

In a first for the company, South Korea’s LG Uplus Corp. will set up a cyber security department that offers employment at Soongsil University...

SK Telecom launches Seoul, LA tours in metaverse

SK Telecom Co., South Korea's top mobile carrier, said Monday it has created a virtual space of tourist attractions on its metaverse platform Ifland...

Seoul eyes opening doors to domestic helpers from Southeast Asia

Seoul is slated to welcome domestic helpers from Southeast Asia later this year to ease the burden of childcare and address issues surrounding Korea...

Samsung, LG step up competition for smart TV content

The world’s two largest TV makers Samsung Electronics Co. and LG Electronics Inc. are scrambling to boost their smart TV content to make up fo...

S.Korean gov't proposes nuclear power plant cooperation to Hungary

South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...

SK Ecoplant to build waste EV battery recycling plant in China

South Korea's SK Ecoplant Co. will build a recycling facility for electric vehicle (EV) waste batteries in the eastern Chinese province of Jiangsu, ...

SK Innovation’s battery sales at record high, production yield improved

SK Innovation Co. said on Thursday its battery affiliate SK On Co. posted record quarterly sales following a facility ramp-up in the US to meet risi...

Alternative investment forum ASK 2023 to kick off May 17 in Seoul

South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...

LG Energy Solution drops to third on global market for EV battery in Q1

South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...

SK On to develop anode materials with Westwater Resources of US

South Korea's electric vehicle (EV) battery maker SK On and the American graphite company Westwater Resources will jointly develop anode materials f...

Seoul advised to prepare exit plans for real estate funds

Global real estate investment funds managed by South Korean financial services firms have swelled by more than 14 times to 72 trillion won ($5.4 bil...

LG Chem in talks with Glenwood to sell off diagnostics unit

LG Chem Ltd. is slated for exclusive talks with Seoul-based Glenwood Private Equity to sell off its in vitro diagnostics business, according to biop...

POSCO, Huayou to expand ties for battery precursors

POSCO Future M Co., formerly known as POSCO Chemical Co., on Wednesday signed a preliminary agreement with China’s Zhejiang Huayou Cobalt Co. ...

Asleep forms partnership with National Sleep Foundation of US

South Korea's sleep technology startup Asleep, which was part of an economic delegation accompanying President Yoon Suk Yeol's recent state visit to...

SKIET to supply battery separators to major client in China

South Korea’s battery separator maker SK IE Technology Co. (SKIET) will supply separators to a major electric vehicle (EV) battery maker in Ch...

KKR to buy Namsan Green Building in Seoul for $186.7 million

KKR & Co. Inc. has agreed to buy Namsan Green Building in a central office district in Seoul for an estimated 250 billion won ($186.7 million).T...

Gucci picks Korean royal palace for 2024 collection

Seoul is emerging as a new venue for global luxury brands’ fight for pride, with Louis Vuitton and Gucci set to unveil their new fashion colle...

Seoul City’s new slogan, Seoul My Soul

Seoul's new brand slogan to replace "I·SEOUL·YOU" has been confirmed as "Seoul, my soul." The Seoul Metropolitan Government announced ...

LG Elec’s home appliance unit hits record-high profit in Q1

The home appliance division of LG Electronics Inc. posted its largest ever quarterly profit in the January-March period, exceeding the 1 trillion wo...

S.Korea, US to jointly invest $60 mn for student exchange programs

South Korea and the United States have agreed to jointly invest $60 million in the exchange of young professionals in the field of science and techn...

S.Korea’s IT parts makers reeling from sluggish smartphone, TV sales performance

  South Korea’s major information technology parts makers like Samsung Electro-Mechanics, LG Innotek and LG Display Co. suffered huge dr...

Seoul zeroes in on high tech for US business alliance

South Korean President Yoon Suk Yeol is off to a smooth start on his six-day state visit to the US this week, which is expected to pave the way for ...