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South Korean companies are embracing the x-to-earn (X2E) business model, by which users earn rewards by playing online games and accomplishing other...

Samsung Electronics Co. on Wednesday unveiled its fourth-generation foldable phones – new additions to its high-end line of Galaxy Z Fold and ...

South Korea’s Lotte Chilsung Beverage Co. is set to start the vegan business along with local startups as veganism, or the practice of abstain...

Hyundai Motor Co. is highly likely to suffer a further production delay for its all-electric crossover IONIQ 5 after South Korean industry sources s...

Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, and food maker Lotte Confectionery Co. have forged a strategic partnership to jo...

Hyundai Motor Co.’s all-electric IONIQ 5 crossover beat two competing models from Volkswagen and Swedish carmaker Polestar in a comparative as...

South Korea’s major petrochemical producer Lotte Chemical Corp. and a Japanese trading house Itochu Corp. joined forces for the hydrogen and a...

The chairman and chief executive of French luxury label Louis Vuitton is scheduled to visit South Korea next week and meet with the heads of three m...

BUSAN – Hyundai Motor Co. has launched the IONIQ 6, its first fully electric sedan, which it claims runs faster and boasts a longer range than...

A US private equity firm Bain Capital and South Korea’s major petrochemical manufacturer Lotte Chemical Corp. were among the shortlisted candi...

Samsung Electronics Co. unveiled a virtual playground within Roblox, the world’s top metaverse game platform with 54 million users a day, as t...

Blackpink, the female K-pop idol group, will hold an in-game concert, the first such event by Korean pop artists, in collaboration with Krafton Inc....

Hyundai Motor Co.’s first all-electric sedan IONIQ 6 has received accolades from foreign media for its streamlined design and low chassis, whi...

The much-touted sale of a controlling stake in Iljin Materials Co., a leading South Korean battery materials maker, is flagging as big spenders are ...

SK Telecom Co., South Korea’s top mobile carrier, has expanded the area covered by the traffic control system for self-driving in Seoul, takin...

Perhaps we will soon not be remembering our loved ones only through photos.Imagine a virtual rendition of the deceased speaking at his or her memori...

South Korea’s Lotte Chemical Corp. has decided to put its entire stake in Pakistan-based LCPL up for sale, which may sell for up to 210 billio...

Korea Advanced Institute of Science & Technology (KAIST), a prestigious South Korean university, unveiled an artificial intelligence computation...

South Korea's Lotte Tour Development Co. has decided to book 568 billion won ($440 million) in valuation gains from its stake ownership of the land ...

South Korea’s top automaker Hyundai Motor Co. will discontinue the production of its hatchback coupe Veloster to focus on the more popular hig...

Lotte Group is preparing to kickstart its biopharmaceutical business as a contract development and manufacturing company (CDMO) by building a new pl...

Mirae Asset Securities Co. announced Thursday it has developed the prototype for the world’s first virtual trading system (VTS,) which allows ...

LG CNS announced Thursday it will launch a new business of developing virtual factories and labs as part of its broader digital transformation offer...

Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...

The Korea Advanced Institute of Science & Technology (KAIST), a prestigious South Korean university, has developed a highly-reliable, large-scal...

SK Gas Co., a South Korean major liquefied petroleum gas (LPG) provider, and Korean chemicals firm Lotte Chemical Corp. are slated to set up a joint...

Virtual humans are taking an active part in the real world, expanding their influence in various sectors such as advertising, music, commerce and ed...

VA Corp. (VAC), a South Korean visual effects production startup, is building Asia’s largest virtual studio complex equipped with super-large ...

South Korea’s Lotte Group will spend a total of 37 trillion won ($29 billion) on its businesses over the next five years, a chunk of which wil...

South Korea’s POSCO International Corp. and Hotel Lotte Co. have been suffering from sluggish earnings of their five-star hotel in Yangon, Mya...