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 ...

POSCO affiliates’ shares surge; market cap rises threefold in 5 years

Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...

S.Korea's NGeneBio establishes US corporation NGeneBioAI

South Korean medical diagnostic company NGeneBio Co. announced on Monday that it has established an artificial intelligence (AI) precision diagnosti...

Fabless FADU taps institutional demand to raise about $151 mn

FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 billion won ($151 mil...

S.Korea's BC Card to enter Kyrgyz payment market

South Korea's BC Card will make a full-fledged entry into the Central Asian payment market by establishing a card payment joint venture in Kyrgyzsta...

SK E&S opens representative office in Vietnam

South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation business by opening a rep...

S.Korea’s Brand X establishes Taiwanese corporation

South Korea's media and e-commerce company Brand X Corp. announced on Friday that it has established a Taiwanese corporation. The move seeks to ampl...

Kakao Piccoma tops in Japanese app market sales in H1 2023

Kakao Piccoma, a Japanese subsidiary of Kakao Japan Corp. and the global leading webtoon platform achieved the top position in the first half of 202...

SK Chemicals to supply diabetes drugs to AstraZeneca Korea

SK Chemicals Co., a South Korean chemicals maker and drug developer, said on Thursday it has signed a contract to supply diabetes medications to glo...

Foreign carmakers hit by EV sales drop in S.Korea

Foreign carmakers such as Mercedes-Benz and Tesla Inc. suffered a sales drop in South Korea in the first half of the year, as overall car sales jump...

Alibaba launches express ships to S.Korea as orders surge

Alibaba.com, China’s largest online marketplace, launched an express cargo ship service between South Korea and China this week to meet a surg...

GM Korea releases new Trailblazer geared for S.Korean market

General Motors (GM) Korea on Wednesday launched the domestic sale of its new model of the small SUV Trailblazer customized for the South Korean mark...

Novomics expands presence in Chinese cancer market

South Korean molecular diagnostics company Novomics Co. announced on Wednesday that it has signed a collaboration agreement with Chinese molecular d...

SK Biopharm eyes Asia's No.1 spot in radioactive drug market

South Korea’s SK Biopharmaceuticals Co. is aiming to triple its enterprise value to $15 billion by 2026 with the goal of rising to the top run...

HD Hyundai Heavy Industries gets early jump on green vessel market

South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...

Corentec enters Japanese artificial joint market

Corentec Co., a South Korean company that develops artificial joints and spinal implants, is making a full-fledged entry into the Japanese market. T...

K-Pop music album exports hit record high in H1 2023

South Korea's K-pop music album exports achieved a new all-time record in the first half of this year, with shipments to the US rising to second p...

Korea Zinc likely to supply copper foil to LG Energy for EV batteries

Korea Zinc Co., the world’s largest zinc and lead smelter, will likely start supplying copper foil, a key battery component, to LG Energy Solu...

Nexon’s Dave the Diver rises to global top game in 2 weeks after launch

Nexon Co. is poised to change the South Korean game scene with its new adventure PC role-playing game that has grabbed gamers around the world immed...

Hyundai Motor’s UK sales highest in 5 years, driven by IONIQ 5

Just a few years back, vehicles built by Hyundai Motor Co. were dismissed as second-class cars of poor quality in Europe, with one car magazine deri...

Kia vows to take 10% of Indian market after 1 million car output

In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...

Samsung Bioepis enters US market for biosimilars of Humira

South Korea's biopharmaceutical company Samsung Bioepis, which was expected to struggle on the US market for biosimilars of Humira, the world's top-...

Hyundai Motor premieres first high-performance EV IONIQ 5 N

The IONIQ 5 N – Hyundai Motor Co.'s first all-electric high-performance car under its N brand – made its world premiere on Thursday, wit...

Korea's IPO market heats up with higher price cap for new stocks

South Korea’s initial public offering market is heating up with some 30 firms set for new share subscriptions in July and August, more than su...

KCC boosts output of semiconductor-sealing material

South Korean chemical and auto parts maker KCC Corp. is expanding its production lines for the semiconductor-sealing material epoxy molding compound...

Daewoong's Nabota exceeds 600,000 customers in US

South Korea's Daewoong Pharmaceutical said on Thursday that its local loyalty program for Nabota (American name: Jeuveau) in the US, a botulinum tox...

S&P expects BOK to cut rate by 100 bps in 2024 for growth

South Korea’s central bank is expected to cut its policy interest rate by one percentage point next year with inflationary pressure easing fur...

Shrinking youth jobs cast shadow over S.Korea’s labor market

Employment in South Korea extended its growth streak in June but its gains slowed for the third straight month, with youth jobs declining for eight ...

Hanwha Systems pursues space internet service

South Korea's Hanwha Systems Co. on Tuesday announced completion of its registration the day before as a facility-based communications operator with...

Ad-tech unicorn Moloco’s endeavor to unlock potential continues

SILICON VALLEY – Moloco Inc., a Silicon Valley-based ad-tech solution startup valued at more than $2 billion, is dreaming big to become a vers...