LG aims to capture 50% of global luxury car display market by 2026

LG aims to capture 50% of global luxury car display market by 2026

LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...

POSCO E&C, LG to develop customized home appliances for remodeling

POSCO E&C, LG to develop customized home appliances for remodeling

South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperat...

Lululemon taps into Korea’s live commerce market

Lululemon taps into Korea’s live commerce market

Lululemon Athletica Inc., dubbed the Chanel of yoga wear, is tapping into South Korea’s live commerce market, a move that industry watchers sa...

Hanmi Pharm to start global clinical trials for immune-oncology drug

Hanmi Pharm to start global clinical trials for immune-oncology drug

South Korea's Hanmi Pharmaceutical Co. announced on Tuesday that it has received approval for the phase 1 clinical trial plan of the immune-oncology...

Fans of Supreme rush into the label's 1st Korean store

Fans of Supreme rush into the label's 1st Korean store

The US street fashion brand “Supreme,” which has a global fandom with a brand name written in white in a red box, opened its first store...

KT to hold AI coding lectures at universities

KT to hold AI coding lectures at universities

South Korea’s KT Corp. is expanding operations of its artificial intelligence (AI) coding education platform AI Codiny.The company on Sunday s...

WeMade partners with three companies for WEMIX Play onboarding

WeMade partners with three companies for WEMIX Play onboarding

South Korea's game developer and publisher WeMade Co. announced on Friday that it has signed onboarding agreements with several domestic and interna...

CJ CheilJedang, Kakao Healthcare sign business agreement

CJ CheilJedang, Kakao Healthcare sign business agreement

South Korean food giant CJ CheilJedang Corp. announced on Friday that it has signed a business agreement with Kakao Healthcare, a digital healthcare...

NCSOFT gears up to take on Naver, Kakao for AI language model

NCSOFT gears up to take on Naver, Kakao for AI language model

NCSOFT Corp. has unveiled a large-scale Korean language model as the first South Korean game developer to advance into the local-language generative...

Hyundai's premium Genesis cars to break 1 million units in global sales

Hyundai's premium Genesis cars to break 1 million units in global sales

Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...

Global fashion brands block Koreans' access to US websites

Global fashion brands block Koreans' access to US websites

Some global fashion brands such as Ralph Lauren Corp. and Tommy Hilfiger have blocked South Koreans’ access to their US websites to support bu...

SSG.Com announces global first launch of Piaget's new watch

SSG.Com announces global first launch of Piaget's new watch

SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...

LG Uplus to equip Toyota Highlander’s infotainment platform

LG Uplus to equip Toyota Highlander’s infotainment platform

South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota Connect, powered by t...

Naver posts record Q2 operating profit on e-commerce, content

Naver posts record Q2 operating profit on e-commerce, content

South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...

APR’s fashion brand Nerdy opens two more stores in Vietnam

APR’s fashion brand Nerdy opens two more stores in Vietnam

South Korea's cosmetic and clothing company APR announced on Wednesday that its street style fashion brand Nerdy opened its third and fourth stores ...

S.Korea sees fever for luxury goods wane in post-COVID-19 era

S.Korea sees fever for luxury goods wane in post-COVID-19 era

South Korea is seeing a gradual decline in the open run, or the practice of customers standing in line before a brand's opening at a department stor...

S.Korea’s men’s fashion platform Deps launches offline store

S.Korea’s men’s fashion platform Deps launches offline store

Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...

S.Korea’s fashion brand Handsome expands overseas portfolio

S.Korea’s fashion brand Handsome expands overseas portfolio

South Korean fashion company Handsome Corp. is accelerating expansion of its portfolio for licensing foreign brands.The company on Monday said it co...

MyRealTrip launches restaurant reservation service in Japan

MyRealTrip launches restaurant reservation service in Japan

South Korea's travel app MyRealTrip announced that it partnered with the Japanese accommodation and restaurant reservation platform Ikyu, becoming t...

LG Labs opens door to unconventional idea seekers

LG Labs opens door to unconventional idea seekers

South Korea’s home appliance giant LG Electronics Inc. has launched LG Labs, a playground for those wanting to test unconventional ideas that ...

Musinsa opens showroom in Tokyo for S.Korean designers’ brands

Musinsa opens showroom in Tokyo for S.Korean designers’ brands

South Korea's online fashion platform Musinsa opened a showroom in Tokyo on Thursday targeting fashion buyers, as it aims to introduce domestic desi...

SK Energy acquires logistics platform Goodsflow

SK Energy acquires logistics platform Goodsflow

South Korea's SK Energy will buy all shares of Goodsflow, a Seoul-based provider of logistics platform services, to enter the urban logistics center...

LG Uplus to open metaverse for Yonsei Univ. in September

LG Uplus to open metaverse for Yonsei Univ. in September

South Korea's LG Uplus Corp. on Wednesday announced the opening in September of Virtual Campus, a metaverse for Yonsei University, one of the nation...

KKR leads $190 mn Series C funding of fashion platform Musinsa

KKR leads $190 mn Series C funding of fashion platform Musinsa

South Korea’s leading fashion platform Musinsa said on Wednesday it has attracted 240 billion won ($189.7 million) in its Series C funding rou...

Koreans maintain designer love with used items, 'quiet luxury'

Koreans maintain designer love with used items, 'quiet luxury'

South Koreans are maintaining their love for premium fashion items with purchases of used luxury items and "quiet luxury" goods amid a slowdown in A...

The Swing buys van-hailing service Tada for $19 mn

The Swing buys van-hailing service Tada for $19 mn

South Korea's personal mobility platform company The Swing Co. has acquired the management rights of the van-hailing service Tada.Negotiations betwe...

Tepid luxury sales widen gap between favorite and less-favored brands

Tepid luxury sales widen gap between favorite and less-favored brands

The economic slowdown may have diminished South Koreans’ appetite for foreign designer goods, but that doesn't mean they've closed their walle...

Naver Webtoon becomes No.1 webtoon platform in France

Naver Webtoon becomes No.1 webtoon platform in France

South Korea's Naver Webtoon has made a name for itself as the top webtoon platform in France. Naver Webtoon announced on Monday that it participated...

SK’s Tmap enhances ESG efforts by navigating lowest-carbon routes

SK’s Tmap enhances ESG efforts by navigating lowest-carbon routes

South Korea’s leading mobility platform Tmap Mobility Co. has stepped up its environmental, social and governance (ESG) efforts via its naviga...

Catchtable raises $24 mn in Series D funding

Catchtable raises $24 mn in Series D funding

South Korean startup WAD, the operator of a restaurant reservation service platform, has recently raised 30 billion won($24 million) in a Series D f...

LG links up with Chinese rivals for budget appliance supremacy Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single Jump tops Spotify daily chart K-content goes cultural: KPop Demon Hunters sparks heritage K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant