Shilla Duty Free partners with Line Pay to attract Asian tourists

South Korea's The Shilla Duty Free announced it partnered with Line Pay Taiwan to attract South Asian tourism on Thursday. Line Pay is the top mobil...

Hanwha Ocean to target Southeast Asian defense market

South Korea's Hanwha Ocean Co. will participate in Defense & Security (D&S) 2023 in Bangkok, Thailand. The company said on Thursday it ...

DRAM contract prices rebound after 27 months on rising demand

DRAM contract prices rebounded for the first time in more than two years last month amid the recovery in the consumer electronics market.The price g...

Naver-invested ichrogene enters Thai market

South Korea's digital healthcare startup ichrogene, with investment from Naver D2 Startup Factory (D2SF), entered into Thai market. Naver Corp....

Harman’s record profits prop up Samsung's Q3 earnings

Samsung Electronics Co., the world’s largest memory chip maker, on Tuesday reported a triple-digit quarterly increase in third-quarter profit ...

Naver replaces Nvidia GPU with Intel CPU for its AI map app server

South Korea’s web portal giant Naver Corp. has replaced the main chip supplier of its artificial intelligence server for its map service, Nave...

Hanjin opens representative office in Mongolia

South Korea's Hanjin Transportation announced on Friday it has opened a representative office in Ulaanbaatar, Mongolia, to expand its logistics hu...

Innocean to invest $370 million in new growth drivers

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...

KGC hawks red ginseng at top US expo for health functional food

Jung Kwan Jang, the flagship brand of Korea Ginseng Corp. (KGC), has been featured at North America’s leading expo for raw ingredients of heal...

Neo Chair cements No. 1 spot as office chair brand on Amazon

Neo Chair, almost unheard of in its home country South Korea, is the top-selling office chair brand on Amazon, the world's largest e-commerce platfo...

Hyundai’s record Q3 profit beats Samsung; no EV output cut planned

Hyundai Motor Co. on Thursday posted its highest-ever quarterly operating profit for the July-September period, driven by robust sales of pricey car...

S.Korea’s ModaModa unveils new hair darkening shampoo

South Korean haircare brand ModaModa launched its second-generation hair darkening shampoo "ModaModa Zero Gray Black Shampoo" on Thursday. Prev...

S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal

DOHA -- HD Hyundai Heavy Industries Co., the world’s second-largest shipyard, has won a $3.9 billion deal to build 17 liquified natural gas ca...

Medytox to enter China’s botulinum toxin market with Newlux

South Korean pharmaceutical company Medytox Inc. on Tuesday announced its plan to enter the Chinese market for botulinum toxins (BTX) with its cut...

Mobile carrier LG Uplus makes inroads into EV charger market

LG Uplus Corp., South Korea’s mobile and broadband service provider, has released the prototype of its first electric vehicle charger to make ...

Paris Baguette to enter Middle Eastern halal market

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Monday it has signed a memorandum of understanding (MOU) with UAE-b...

Alternative investment forum ASK 2023 to begin Oct. 25 in Seoul

Major institutional investors in South Korea and global asset managers will share their views on the world economy and asset allocation strategies a...

CJ CheilJedang to export K-Street Foods

South Korean food company CJ CheilJedang Corp. ’s strategic product lineup K-Street Food will be launched in June next year on major global ma...

Korea's HMM creditors convert $739 mn bonds into shares

Shares of HMM Co., South Korea’s No. 1 container line, are likely to fall as its main creditors exchanged perpetual convertible bonds (CBs) an...

Naver-invested Nota AI named global leader in AI optimization

South Korea’s Nota AI, an artificial intelligence (AI) optimization model company with investment from Naver D2 Startup Factory (D2SF), an inv...

Hyundai partners with University of London for African market strategy

Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...

Lotte Duty Free focuses energy on stores in Seoul

South Korea’s Lotte Duty Free, which removed its stores from Incheon International Airport in late June, is channeling its energy toward boost...

MZers fuel Disney Store's boom in S.Korea's offline market

The Disney Store has become one of the hottest spots within Hyundai Department Store branches since the department store operator has opened three o...

HD Hyundai Infracore to develop truck battery packs

South Korea's HD Hyundai Infracore Co. plans to enter the electric commercial vehicle market through the development of truck batteries.The company ...

Hyundai Motor muscles into online used car market

Hyundai Motor Co. is slated to start selling certified used cars online from Oct. 24, three years after its announcement to enter the 30 trillion wo...

Daewoong Pharma's GER drug gets product OK from Mexico

South Korea’s Daewoong Pharmaceutical on Wednesday said its gastroesophageal reflux (GER) disease drug Fexuclue (active ingredient fexuprazan ...

Late Samsung chairman Lee's New Management back in spotlight

As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...

POSCO Int’l completes Mexico EV motor core plant for N.American market

POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., concluded construction on an electric...

Zuellig mulls acquiring S.Korea’s top drug distributor Geo-Young

Asia’s leading drug distributor Zuellig Pharma is considering the acquisition of Geo-Young Corp., the largest medicine wholesaler in South Kor...

Korean game sector shifts to consoles as mobile market falls

South Korean game developers are rushing to introduce titles for consoles targeting die-hard players amid the shrinking mobile market.A survey of 10...