S.Korea's startup Bunker Kids raises $1.5 million in Series A funding

South Korea's tech start-up Bunker Kids announced on Tuesday that it raised 2 billion won ($1.5 million) through Series A investment from Korean ven...

80% of Korea's data centers to use homegrown AI semiconductors by 2030

South Korea by 2030 will upgrade its level of domestic artificial intelligence (AI) semiconductors to the world's best by using the nation's high-pe...

LX International wins conditional approval to acquire HanGlas

The Korean Fair Trade Commission said on Monday that it had conditionally approved LX International Corp.'s bid to acquire Hankuk Glass Industries (...

Hyundai Electric to supply ESS worth $160 mn to KEPCO's substation

Hyundai Electric, an electric systems spinoff from South Korean shipbuilding giant Hyundai Heavy Industries Co., said on Tuesday that it will supply...

Neurophet acquires Singaporean certification for Alzheimer's diagnosis

South Korea's medical imaging device maker Neurophet said on Tuesday that its SCALE PET has obtained a medical device certification from the Health ...

Hyundai Doosan Infracore to supply engines for K2 tanks bound for Poland

Hyundai Doosan Infracore Co., a South Korean construction equipment company, said on Tuesday it has signed a 180 billion won ($138 million) contract...

Bionote slashs IPO price to 9,000 won, 50% lower than previous valuation

Everybody is aware that investment fever on biotech firms has already cooled due to rising interest rates and concerns over the fizzling economy, an...

Lotte Aluminum signs $795 mn contract for cathode foil raw materials

Lotte Aluminum, a manufacturer of cathode foils for secondary batteries in South Korea, announced on Monday that it has signed a long-term purchase ...

Pulmuone to supply food ingredients to 18 US universities

Pulmuone USA, a US unit of South Korea's Pulmuone, said on Tuesday that it has entered into contractual relations with 18 US universities on both co...

LG Chem confirms diabetes drug Zemidapa's efficacy in phase 3 trials

LG Chem Ltd. announced in a disclosure on Monday that it had confirmed superior efficacy in phase 3 clinical trials for the combined administration ...

LG Group seeks future growth engines with new R&D units

LG Group, South Korea’s fourth-largest conglomerate, set up new research and development units at key affiliates to seek future growth engines...

S.Korea's Bespin Global secures $107 mn from Middle East

South Korea's cloud management company Bespin Global said on Monday that it has secured 140 billion won ($107 million) in investment from e& Ent...

Hyundai Transys holds consultations for partners to help them move overseas

South Korea's auto powertrain maker Hyundai Transys said on Monday that a total of 23 suppliers received its video consultation assistance for eight...

S.Korea's Shinsegae Int'l secures domestic sales rights of Laura Mercier

South Korea's major retailer Shinsegae International said on Monday that it would acquire the exclusive domestic sales rights of Laura Mercier, a Fr...

SK Energy buys stake in subscription car wash service

South Korea is seeing growth in the variety of services for the rising number of eco-friendly electric vehicles (EVs) on the nation's roads.Industry...

S.Korean Proteina gets offers from global pharmaceutical companies

Global pharmaceutical companies are expressing keen interest in the South Korean diagnostics company Proteina. Unlike companies that search for sp...

Boryung holds Care-in-Space Challenge in US for space healthcare startups

South Korea's pharmaceutical company Boryeong said on Friday that it held the first "Care-in-Space Challenge" event, a new space healthcare startup ...

Lordsystem, NHN Doctortour agree to promote mobile passport authentication service

South Korea’s two companies, Lordsystem and NHN Doctortour, decided to cooperate on mobile passport identity verification services, which wi...

SK Biopharmaceuticals launches epilepsy drug in France

South Korean SK Biopharmaceuticals Co. said on Friday that its treatment of epilepsy "Cenobamate" has been approved for sale in France.The company l...

SK Telecom gets global approval for UAM-interworking tech standard

South Korea's SK Telecom Co. on Thursday said the International Telecommunication Union's Telecommunication Standardization Sector (ITU-T) approved ...

LG Group think tank unveils breakthrough AI tech Exaone

LG AI Research, the artificial intelligence (AI) think tank of South Korea's LG Group, on Thursday unveiled Exaone, a gigantic AI technology that ra...

BGF EcoMaterials to partner with Hwaseung Material for composite materials

BGF EcoMaterials, a materials unit of the BGF Group, said on Friday that it has signed an agreement with Hwaseung Material, a fine chemical company,...

Baring PEA breaks $1 bn PI Advanced Materials buyout deal

Hong Kong-based Baring Private Equity Asia has broken a deal to buy a majority stake in the world’s largest polyimide film manufacturer PI Adv...

Cafe24 signs agreement with CJ Logistics for fulfillment service

South Korea's e-commerce platform Cafe24 said Thursday that it has signed an agreement with CJ Logistics to provide fulfillment services to online s...

Home&Shopping partners with K-Market to explore opportunities in Vietnam

Home & Shopping, South Korea's home shopping channel specializing in products of small- and medium-sized enterprises (SMEs),  announced on Th...

JSCO Holdings signs MOA with Philippines' nickel mining company

JSCO Holdings said on Thursday that it has signed a comprehensive memorandum of agreement (MOA) with EVE Mining & Development Corporation (EVM) ...

Kyobo Life seeks to transition into financial holding company 

South Korean life insurance behemoth Kyobo Life Insurance Co. is seeking to transition into a financial holding company to expand its business footh...

MDimune signs research agreement with Australian National University

MDimune, a South Korean biotech company, said on Wednesday that it had signed an agreement with the Clear Vision Research (CVR) Lab, a research grou...

SK Chemicals obtains highest ESG rating among listed companies

SK Chemicals obtained the highest grade in a recent ESG (environmental, social, and governance) rating evaluation of 1,033 listed companies, the com...

SK Car Rental acquires ISO 45001 for safety, health management system

SK Car Rental said on Wednesday that it has obtained the safety and health management system (ISO45001) certification from the British Standards Ins...