S.Korea's KT CS reports record sales in 2022

S.Korea's KT CS reports record sales in 2022

On Friday, KT Corp.'s customer service unit, KT CS, announced that its sales revenue for the previous year reached a record high of 591.6 billion wo...

SK Shieldus introduces EDR-specialized control, analysis services

SK Shieldus introduces EDR-specialized control, analysis services

South Korea's IT security service firm SK Shieldus made an announcement on Thursday that they will be providing control and operation, investigation...

Korea's Yoon presses banking, telecom sectors over inflation

Korea's Yoon presses banking, telecom sectors over inflation

South Korean President Yoon Suk-yeol on Wednesday called for measures to stabilize mounting price pressure caused by "oligopolies" in the banking an...

NHN Cloud joins Cloud Native Computing Foundation's KCSP program

NHN Cloud joins Cloud Native Computing Foundation's KCSP program

South Korea's NHN Cloud announced on Wednesday that it had become a Kubernetes Certified Service Provider (KCSP), which is a partner program created...

Korea's Dongsuh to rival Nestle in local capsule coffee market

Korea's Dongsuh to rival Nestle in local capsule coffee market

South Korea’s No.1 instant coffee maker Dongsuh Foods Corp. is set to rival global food and beverage giant Nestle in the local capsule coffee ...

Kakao Mobility fined $20 million over unfair taxi-hailing service

 Kakao Mobility fined $20 million over unfair taxi-hailing service

Kakao Mobility Corp., South Korea’s largest taxi-hailing app operator, has been fined 25.7 billion won ($20.3 million) for discriminating agai...

Hyundai Elevator's open API sees rapid expansion of participants

Hyundai Elevator's open API sees rapid expansion of participants

Hyundai Elevator Group announced on Tuesday that its open API (application programming interface), which was launched in March last year, has seen r...

SK Plasma, Janssen Korea sign sales, distribution agreement

SK Plasma, Janssen Korea sign sales, distribution agreement

SK Plasma Co. Ltd., a South Korean company specializing in the production of plasma derivatives from human plasma, is expanding its product portfoli...

Hyundai Motor offers Bluelink free to new customers in US

Hyundai Motor offers Bluelink free to new customers in US

Hyundai Motor Co. in a world first is offering lifetime membership of its connected car care service Bluelink free to new customers in the US, judgi...

Samsung, SK Hynix: key beneficiaries of ChatGPT fever

Samsung, SK Hynix: key beneficiaries of ChatGPT fever

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, stand to benefit from the global popularity of ChatGPT. ...

Zigbang signs agreement with Saudi's National Housing Company

Zigbang signs agreement with Saudi's National Housing Company

On Monday, South Korean proptech company Zigbang announced a partnership with Saudi Arabia's National Housing Company with the goal of digitalizing ...

S.Korean AI chip developer Rebellions releases Atom SoC

S.Korean AI chip developer Rebellions releases Atom SoC

South Korean AI chip developer Rebellions Inc. announced on Monday the release of its AI chip Atom, a system-on-chip (SoC) designed for data centers...

S.Korea's Hoban Group signs agreement with Aramco for cooperation

S.Korea's Hoban Group signs agreement with Aramco for cooperation

Hoban Group, South Korea's construction, property development, and manufacturing conglomerate, said Monday that it has signed a memorandum of unders...

LG provides electronics service training to Cambodian youths

LG provides electronics service training to Cambodian youths

LG Electronics Inc. said on Sunday that it is offering technology training to help talented Cambodian youths become more self-reliant.For four days ...

SK Telecom doubles capacity of its AI service's supercomputer Titan

SK Telecom doubles capacity of its AI service's supercomputer Titan

South Korea's SK Telecom Co. on Sunday said it had doubled the processing capacity of its supercomputer Titan, the brain of its artificial intellige...

Kyobo Life Insurance speeds up creation of holding company

Kyobo Life Insurance speeds up creation of holding company

South Korea’s Kyobo Life Insurance Co. is set to establish a holding company by the second half of 2024. The major insurer seeks to raise its ...

AfreecaTV, VTVCab agree on live streaming platform service in Vietnam

AfreecaTV, VTVCab agree on live streaming platform service in Vietnam

South Korea's video streaming platform AfreecaTV Co. said Wednesday that it has agreed with VTVCab, a member of  Vietnam's largest state-run TV...

Hyundai Card to provide Apple Pay in South Korea

Hyundai Card to provide Apple Pay in South Korea

Apple and Hyundai Card on Wednesday officially announced the launch of the simple payment service Apple Pay in South Korea.The American tech giant s...

Fintech firm Kakao Pay logs first yearly net profit in 2022

Fintech firm Kakao Pay logs first yearly net profit in 2022

Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., posted a net profit last year for the first time since its ...

Mirae Asset Securities signs long-term REC purchase contract

Mirae Asset Securities signs long-term REC purchase contract

Mirae Asset Securities signed a long-term purchase agreement for solar renewable energy certificates (RECs) with Sunset Energy on Tuesday. Sunset En...

Cheil Worldwide sets up Maghreb corporation in Morocco

Cheil Worldwide sets up Maghreb corporation in Morocco

South Korea's leading ad agency and marketing company Cheil Worldwide has established a corporation in Casablanca, Morocco, in the Maghreb to broade...

Jeju Air resumes daily flights to Hanoi, Ho Chi Minh City, Vientiane

Jeju Air resumes daily flights to Hanoi, Ho Chi Minh City, Vientiane

South Korea's low-cost carrier Jeju Air Co. said on Monday that it would run daily flights from Korea to Hanoi and Ho Chi Minh City in Vietnam and V...

LG Electronics exhibits Art Lab in New York

LG Electronics exhibits Art Lab in New York

LG Electronics Inc. recently introduced "LG Art Lab," a non-fungible token art trading platform mounted on LG TVs, through a large display board in ...

NHN Dooray, HandySoft join forces to develop advanced collaboration tools

NHN Dooray, HandySoft join forces to develop advanced collaboration tools

NHN Dooray, a provider of online collaboration tools, has signed a memorandum of understanding (MOU) with HandySoft, Inc., South Korea's leading gro...

Daewoong Pharma's botulinum toxin Nabota proves long-lasting effect

Daewoong Pharma's botulinum toxin Nabota proves long-lasting effect

Daewoong Pharmaceutical said on Friday that a high-dose administration of botulinum toxin Nabota (US brand name: Jeuveau) to patients with frown wri...

MBK to buy Japanese nursing home and care service for $300 mn

MBK to buy Japanese nursing home and care service for $300 mn

MBK Partners, the largest private equity firm in Northeast Asia, is set to acquire Japanese senior nursing care service company Unimat Retirement Co...

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...

NGeneBio to launch precision cancer test service in Thailand

NGeneBio to launch precision cancer test service in Thailand

South Korean medical diagnostic company NGeneBio Co. has partnered with MP Group, a large consignment testing agency in Thailand, to launch a precis...

Korea Customs Service to advance Tanzania's e-customs clearance system

Korea Customs Service to advance Tanzania's e-customs clearance system

The Korea Customs Service said on Wednesday that it has signed a memorandum of understanding (MOU) with the Tanzania Revenue Authority for cooperati...

S.Korea's Woowa Brothers launches professional service robot affiliate

S.Korea's Woowa Brothers launches professional service robot affiliate

Woowa Brothers, the parent company of South Korea's food delivery app Baedal Minjok, on Wednesday spun off its professional service robot unit into ...

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