Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung Electronics Co. announced on Thursday that it has successfully completed the opening of a 5th-generation mobile communications (5G) pilot ne...

POSCO decides to build electric furnace at Gwangyang Works

POSCO decides to build electric furnace at Gwangyang Works

South Korea’s leading steelmaker POSCO on Tuesday said it will begin its transition to a low-carbon production system by building an electric ...

Hyundai Dream Tour partners with Air France-KLM for eco-friendly fuel

Hyundai Dream Tour partners with Air France-KLM for eco-friendly fuel

On Monday, Hyundai Dream Tour, a travel company affiliated with Hyundai Department Store Group, announced a partnership with Air France-KLM to promo...

SK Chemicals joins global initiative to cut carbon emissions

SK Chemicals joins global initiative to cut carbon emissions

South Korea's SK Chemicals said on Monday that it has joined a global initiative that aims to set science-based targets for reducing greenhouse gas ...

Hyundai Steel co-hosts symposium on low-carbon construction materials

Hyundai Steel co-hosts symposium on low-carbon construction materials

Hyundai Steel has joined hands with the construction industry to increase the recycling of steel byproducts.On Tuesday, the steel maker organized a ...

POSCO to produce low-carbon steel raw material in Australia

POSCO to produce low-carbon steel raw material in Australia

South Korea's top steelmaker POSCO has launched a project in Australia to produce hot briquetted iron (HBI), an essential raw material for the adopt...

S.Korean LPG importers' profits surge on replacement demand

S.Korean LPG importers' profits surge on replacement demand

South Korea’s liquefied petroleum gas (LPG) importers such as E1 Corp. and SK Gas Ltd. saw their operating profit skyrocket in 2022, as a surg...

Samsung Electro-Mechanics achieves highest ranking in CDP evaluation

Samsung Electro-Mechanics achieves highest ranking in CDP evaluation

Samsung Electro-Mechanics has achieved its highest ranking in the Carbon Disclosure Project (CDP) evaluation of climate change response. The company...

S.Korean firms showcase hydrogen offerings in United States

S.Korean firms showcase hydrogen offerings in United States

South Korean energy ministry and major Korean companies including Hyundai Motor Co., SK E&S, and Korea Zinc Co. participated in the Hydrogen &am...

SK Telecom to launch multimodal AI to match ChatGPT

SK Telecom to launch multimodal AI to match ChatGPT

South Korea’s SK Telecom Co. will adopt natural language generation and processing capabilities for its nascent artificial intelligence servic...

SK E&S, Ce-tek demonstrate carbon dioxide absorbent

SK E&S, Ce-tek demonstrate carbon dioxide absorbent

Ce-tek, a research company in carbon capture technology supported by South Korea's SK E&S, has conducted a demonstration experiment that dramati...

Low-cost carriers in S.Korea returning to profitability

Low-cost carriers in S.Korea returning to profitability

South Korea's low-cost carriers (LCC) Jeju Air Co. and Jin Air in the fourth quarter last year each earned operating profit for the first time since...

Kumho Petrochem's rubber products win eco-friendly certification

Kumho Petrochem's rubber products win eco-friendly certification

Kumho Petrochemical Co. said on Tuesday that its four synthetic rubber products including SSBR, HBR, LBR, and NdBR have earned International Sustain...

SK Innovation steps up carbon offset, green investments

SK Innovation steps up carbon offset, green investments

SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is poised to strengthen its eco-friendly b...

Lotte Construction develops eco-friendly concrete

Lotte Construction develops eco-friendly concrete

Lotte Engineering & Construction has developed eco-friendly concrete that can reduce carbon dioxide emissions by up to 90%. In collaboration wit...

LG Uplus narrows operating profit gap with bigger rivals in 2022

LG Uplus narrows operating profit gap with bigger rivals in 2022

LG Uplus Corp., South Korea’s third-largest mobile carrier, reported more than 1 trillion won ($814.2 million) in operating profit in 2022 for...

KAL introduces self-service bag drop for domestic flights

KAL introduces self-service bag drop for domestic flights

South Korea's flagship carrier Korean Air Lines Co. is the first airline in the country to adopt self-service bag drop on domestic flights.The compa...

SK Ecoplant passes industry-first carbon reduction target verification

SK Ecoplant passes industry-first carbon reduction target verification

South Korea's construction and engineering company SK Ecoplant Co. said on Thursday that it has passed the greenhouse gas reduction target verificat...

T'way Air completes IOSA recertification process

T'way Air completes IOSA recertification process

South Korea's low-cost carrier T'way Air Co. said on Monday that it has completed the IATA Operational Safety Audit (IOSA) recertification from the ...

Korea’s nuclear power: Ample export opportunities ahead

Korea’s nuclear power: Ample export opportunities ahead

The recent energy crisis dealt a particularly hard blow to Europe given its heavy dependency on Russian gas. The world was once again awakened to th...

Samsung Electronics' life cycle assessment gauges CO2 emission impact from chips

Samsung Electronics' life cycle assessment gauges CO2 emission impact from chips

Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...

Foreign airlines fill hole left by Korean carriers

Foreign airlines fill hole left by Korean carriers

Foreign carriers such as Delta Air Lines and Vietnam’s VietJet Air are rapidly increasing flights to and from South Korea, filling the hole le...

Air Busan to offer 4 daily flights on Busan-Osaka route

Air Busan to offer 4 daily flights on  Busan-Osaka route

Starting Feb. 1, South Korea's budget carrier Air Busan Co. will add a daily flight to its route linking the nation's biggest port city of Busan to ...

Carrier’s Korea JV aims to raise sales with cold chain biz

Carrier’s Korea JV aims to raise sales with cold chain biz

Carrier Global Corp.’s joint venture in South Korea aims to ramp up sales with the cold chain business, the series of actions and equipment ap...

KSOE wins orders for 7 LNG carriers in 1 week

KSOE wins orders for 7 LNG carriers in 1 week

Korea Shipbuilding & Offshore Engineering (KSOE), a mid-level shipbuilding holding affiliate of HD Hyundai Co., has landed successive orders for...

Samsung Heavy, MISC to jointly develop floating CO2 storage units

Samsung Heavy, MISC to jointly develop floating CO2 storage units

South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Malaysian offshore ene...

Modetour signs agreement with mobility platform Danida

Modetour signs agreement with mobility platform Danida

South Korea's travel agency network Modetour Network Inc. said Tuesday that it signed a memorandum of understanding (MOU) with mobility platform Dan...

KSOE wins this year's first LNG carrier order worth $783 million

KSOE wins this year's first LNG carrier order worth $783 million

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company of HD Hyundai Co., said on Tuesday that it recent...

Asiana Airlines completes transforming cargo carriers to passenger planes

Asiana Airlines completes transforming cargo carriers to passenger planes

South Korean airline Asiana Airlines Inc. has returned all seven aircraft converted into cargo carriers during the COVID-19 pandemic to passenger pl...

POSCO Chemical moves into activated carbon business

POSCO Chemical moves into activated carbon business

POSCO Chemical Co. will join hands with Dong-Suh Chemical Industries Co. Ltd. to move into the activated carbon business, an eco-friendly material f...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal