Hyundai Elevator sets sights on global ‘Top 5’ ranking by 2030
Shanghai Hyundai Elevator, a subsidiary of South Korea’s Hyundai Elevator Co., unveiled on Thursday an ambitious plan to bolster its market sh...
Lotte Hotels & Resorts to launch premium kimchi product
Lotte Hotels & Resorts, a leading South Korean hospitality company, announced on Thursday its intention to penetrate the domestic kimchi market,...
Korean lifestyle brand Andar takes on Xexymix in athleisure market
South Korea's activewear maker Andar posted record quarterly sales of 61.6 billion won ($47 million), moving one step closer to retaking the market ...
Insatiable Hyundai Motor aspires to lead India with SUVs, EVs
Hyundai Motor Group must become “the first mover” in India, which has emerged as the next fierce battlefield for global car makers after...
Hanjin KAL secures liquidity to keep chairman's control of firm
Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is actively raising money via bond issuances and sale of prope...
Samsung to unveil vision for chips resembling human senses at Tech Day
Chipmakers around the world have long aspired to develop semiconductors that can replicate human senses such as smell, hearing, vision, taste and to...
Orion teams up with Dutch Mill to tap Vietnamese dairy market
South Korea's Orion Corp. announced on Tuesday its strategic collaboration with Thailand's dairy behemoth, Dutch Mill Co., marking its ambitious ent...
Korea’s time deposit rates head north on higher bank bonds’ coupon
South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...
LG Energy Solution tops global EV battery market excluding China in H1
South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...
S.Korea's Lotte Department Store launches 'K-Beauty' tour service
South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...
LG, Samsung vie for HVAC lead with green technology
South Korea’s long-time technology archrivals LG Electronics Inc. and Samsung Electronics Co. are upping the ante in the race to lead the grow...
S.Korean transformers invade US market on surging demand
South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...
Dongwha Pharm to buy Vietnamese pharmacy chain at $30 mn
South Korea's Dongwha Pharm announced on Thursday that it signed an agreement to acquire a 51% stake in Trung Son Pharma, a leading pharmacy chain i...
With long-gone heyday, Capro clings to stake sale for survival
Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...
Big Bang deregulation poised to bolster S.Korean ST market
South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...
Hanwha Aerospace ventures into eco-friendly ship market
South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....
Baskin-Robbins stands out in melting Korean ice cream market
Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localization despite the cou...
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 ...
Com2us launches RPG game ‘Heir of Light: Eclipse’ in Canada, Indonesia
Com2us Holdings Corp. announced on Wednesday that its new role-playing game (RPG), Heir to Light: Eclipse, is now available on Google Play in ...
S.Korean carmakers post brisk sales on strong exports in July
South Korea's car sector posted strong sales last month as favorable exports offset the sluggish domestic market.Industry sources on Tuesday said th...
Naver Pay to enter Chinese payment market in 2023
South Korea's Naver Financial announced plans on Tuesday to bring its simple payment service, Naver Pay, to the Chinese market by the end of this ye...
S.Korea's HD Hyundai chairman: We can’t rely on bad profits
Kwon Oh-gap, chairman and co-CEO of South Korea's HD Hyundai Co., has ordered his company not to rely on “bad profits” gained from tempo...
Hanwha Group puts savings bank on market, a clear succession path
Hanwha Group, South Korea’s chemicals-to-defense conglomerate, has put its non-core financial unit Hanwha Savings Bank up for sale, in a move ...
S.Korea’s aid service Boram Group enters companion animal market
South Korea’s Boram Group, whose main affiliate is an aid company, has entered the companion animal market. Affiliates Boram Sangjo and ...
Kolon Pharma, Dongbang Medical to export medical threads to Brazil
Kolon Pharma, the pharmaceutical affiliate of South Korea's Kolon Group, announced on Thursday that it has signed a business agreement with Dongbang...
OCI makes foray into battery materials market
South Korea's chemical and green energy company OCI has entered the battery materials market by landing a supply contract for key raw materials for ...
CJ Logistics to enter global pharmaceutical transportation market
South Korea’s CJ Logistics on Wednesday said it obtained the certification CEIV Pharma, or the Center of Excellence for Independent Validators...
SK Telecom enters cloud managed service provider market
South Korea's SK Telecom Co. will aggressively enter the cloud market by providing differentiated services based on its nationwide communication net...
Raphas microneedle passes US FDA's cGMP inspection
South Korea's microneedle maker Raphas Co. announced on Wednesday that it has passed the Current Good Manufacturing Practice (cGMP) inspection by ...
Huons’ overseas market expansion leads to record-high sales
South Korea's Huons Group is continuing its record-breaking performance while expanding its influence in the global market.According to Huons Group ...
