KT, Samsung Medical Center extend ties in building robot-driven hospitals

KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...

Processed rice goods emerge as dark horse in agri-food exports

Despite the global pandemic, exports of processed rice goods hit an all-time high at $137.6 million in 2020, up by 26.9% compared to the previous ...

Korea refiners' recovery accelerates on strong margins

South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...

Sumitomo Chemical to build $90 million photoresist plant in S.Korea

Japan’s major chemical company Sumitomo Chemical Co. will invest more than 10 billion yen ($91 million) in South Korea to manufacture photores...

S.Korea's bio-health industry exports log best-ever first half in 2021

South Korea's bio-health industry exports log best-ever first half in 2021 South Korea’s diagnostic kits, biosimilars and health-related bio-...

Korea’s Samyang to manage 30% assets globally by 2025

Samyang Group, a South Korean food and chemicals producer, aims to manage 30% of its total assets overseas by 2025, while fostering nutrition, medic...

Korea July exports hit record on strong chip, auto demand

South Korea’s exports hit a record high in July on strong shipments of both main products such as cars and chips, as well as new growth ones i...

Korean SMEs post record-high exports in H1

Korea’s small- and medium-sized enterprises (SMEs) have posted their highest-ever first-half exports this year. The Ministry of SMEs and Start...

The power of rubbish: Korean firms make big money from garbage

There is money to be made in garbage. Such is the growing consensus among investors as well as waste treatment companies amid tighter environmental ...

SAMG animation hits No.1 in China, LatAm; eyes 2022 IPO

South Korea-based 3D animation company SAMG Entertainment Co. is enjoying great success in China and Latin America thanks to its animation series' p...

Korea's automobile exports log double-digit growth between Jan and May

Automobile exports log double-digit growth for five straight months In May 2021, exports of automobiles nearly doubled compared to the year-earlier...

Koh Young’s medical robot KYMERO expands foothold in Korean hospitals

Koh Young Technology Inc., Korea’s leading maker of 3D optical inspection devices used in electronics manufacturing, has further strengthened ...

Eyegene to kick off Korea’s first mRNA clinical trial

Eyegene Inc. will be South Korea’s first vaccine maker to conduct clinical tests of messenger ribonucleic acid (mRNA) COVID-19 vaccines. Ealie...

Seegene develops one-stop COVID-19 testing lab on wheels; eyes MENA expansion

South Korea-based diagnostic kit maker Seegene Inc. has developed a mobile diagnostic and testing lab that offers a one-stop solution for COVID-19 t...

Korea’s F&B exports to surpass $4.5 billion in 2021

South Korea’s food and beverage (F&B) exports set a new record in 2020 and are projected to rise even higher this year. According to Korea...

Petroleum products rebound; Korea reaches all-time high April exports

Petroleum products become driving force behind South Korea's export market Exports of petroleum products turned positive this year, driving South K...

JW Pharm exports new antibiotic substance to US

JW Pharmaceutical Co. has become the first South Korean drug maker to develop the generic version of a next-generation antibiotic substance, the med...

Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

Korean medical cosmetics firms make big rebound in Q1

South Korean medical cosmetics companies that underwent a tough year in 2020 are posting rejuvenated earning results thanks to s rise in demand in E...

HiteJinro to export Terra beer to Hong Kong, Singapore, US

South Korea’s record-breaking Terra beer will begin exports to Hong Kong this month, and to Singapore and the United States from the latter ha...

S.Korea: 11th in global export market for top-ranked items

South Korea ranks 11th in global export market shares with 69 top-ranked items -- reaching an all-time high In 2019, South Korean products ranked 1...

K-beauty boom makes S.Korea the fourth-largest cosmetics exporter

Cosmetics industry sees continued export growth for two straight decades K-beauty has emerged as a global trend, thanks to the development of innov...

Genexine exports COVID vaccine candidate to Indonesia

Genexine Inc., one of the five South Korean pharmaceutical companies whose COVID-19 vaccine candidates have entered clinical trials, will export its...

Freight crunch pushes S.Korean export firms into crisis

Since the end of last year, countries have begun lifting COVID-19 lockdowns, driving a speedy recovery in export freight volume despite transportati...

South Korea's secondary battery exports reach all-time highs for 5 years in a row

Despite worsening economic conditions due to the COVID-19 crisis, South Korea’s secondary battery business saw a rise in its key indicators, inc...

S.Korean mold makers target global leadership with record exports

South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...

Korea remains world's 7th-largest exporter despite drop in exports

South Korea has maintained its position as the world's seventh-largest exporter despite its exports dropping by over five percent last year, accordi...

Startups spice up Korean food export market

South Korean startups are at the forefront of the Korean food export boom as they boost global awareness of popular dishes such as spicy fermented c...

HMM, SM Line to deploy container ships to support Korean exporters

South Korea’s leading shipping companies have decided to deploy at least five container carriers on major sea routes to provide support for lo...

S.Korea's cleaning and disinfecting appliance exports soar amid COVID-19 pandemic

Increased time spent at home due to the prolonged COVID-19 pandemic has led to the rise in exports of cleaning and disinfecting appliances, including ...