Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...

HD KSOE wins $2.6 bn order for 12 container ships

HD KSOE wins $2.6 bn order for 12 container ships

South Korea’s largest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Thursday it got 3.716 trillion won ...

Amorepacific's Aestura to enter US market with Sephora

Amorepacific's Aestura to enter US market with Sephora

South Korean beauty and cosmetics giant Amorepacific Corp. said on Wednesday that its derma cosmetic brand Aestura will enter the American market wi...

LG Chem strengthens automotive adhesives biz

LG Chem strengthens automotive adhesives biz

South Korea's LG Chem Ltd., the world’s fourth-largest chemical manufacturer, said on Wednesday it will expand into the automotive adhesives m...

SK Telecom launches PC version of A Dot

SK Telecom launches PC version of A Dot

South Korea's SK Telecom Co. unveiled the multi-large language model (LLM) agent, the PC version of its AI personal assistant service "A. (A Dot)" o...

Hyundai Motor, Waymo forge multi-year, strategic partnership

Hyundai Motor, Waymo forge multi-year, strategic partnership

South Korea’s top automaker Hyundai Motor Co. said on Friday it has entered into a multi-year strategic partnership with Waymo LLC to jointly ...

Humax, HeyCharge collaborate on EV charger

Humax, HeyCharge collaborate on EV charger

South Korea's mobility solutions company Humax Co. announced on Monday that it partnered with the Germany-based electric vehicle (EV) charging techn...

LG Energy signs multi-billion-dollar LFP battery deal with Renault

LG Energy signs multi-billion-dollar LFP battery deal with Renault

LG Energy Solution Ltd., the world’s second-largest battery maker, has clinched a multi-billion-dollar deal to supply LFP batteries for low-en...

Korea’s KT, Microsoft form strategic alliance on AI, cloud sectors

Korea’s KT, Microsoft form strategic alliance on AI, cloud sectors

South Korea’s leading telecommunications service provider KT Corp. has formed a strategic alliance with US tech giant Microsoft Corp. to colla...

Doosan Enerbility to supply SMR parts to NuScale Power

Doosan Enerbility to supply SMR parts to NuScale Power

Doosan Enerbility Co., a leading South Korean power plant engineering company, is slated to supply nuclear reactor equipment to Nuscale Power Corp.,...

K-pop: Pros and cons of HYBE's multi-label system

K-pop: Pros and cons of HYBE's multi-label system

Disputes between HYBE Co. and its label behind popular girl group NewJeans has made headlines as an almost unheard-of conflict in the K-pop industry...

Samsung wins multi-year built-in kitchen suite orders from Clayton

Samsung wins multi-year built-in kitchen suite orders from Clayton

Samsung Electronics Co. is upping the ante to widen the lead in the US home appliance market with a long-term contract to provide its hyper-connecte...

Sephora to exit S.Korean market in May

Sephora to exit S.Korean market in May

Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...

Samsung Electronics to hire big for AI R&D careers

Samsung Electronics to hire big for AI R&D careers

Samsung Electronics Co. is ramping up its recruitment of experienced professionals across its Device eXperience (DX) and Device Solution (DS) divisi...

Naver Cloud, NHN Cloud to co-work for hyperscale AI

Naver Cloud, NHN Cloud to co-work for hyperscale AI

South Korea's Naver Cloud, the cloud computing unit of Naver Corp., and NHN Cloud Corp., announced on Monday that they have signed a memorandum of u...

Samsung to unveil new Odyssey gaming monitors at CES

Samsung to unveil new Odyssey gaming monitors at CES

Samsung Electronics Co. announced on Wednesday that it will unveil new Odyssey OLED gaming monitors at CES 2024, the world's largest IT and consum...

Celltrion, Cyron to develop multi-specific antibody new drug

Celltrion, Cyron to develop multi-specific antibody new drug

South Korea’s biopharmaceutical company Celltrion Inc. announced on Wednesday that it signed a joint research agreement with domestic startup ...

JW Holdings starts to export Winuf to Mongolia

JW Holdings starts to export Winuf to Mongolia

South Korea's JW Holdings corporation announced on Tuesday that it started to export the multi-nutritional liquid Winuf Central 736·1085ml to...

Korean Air to showcase UAVs at ADEX 2023

Korean Air to showcase UAVs at ADEX 2023

Korean Air Lines Co. will participate in the "Seoul Aerospace & Defense Exhibition 2023" (ADEX 2023) taking place at Seoul Air Base in Seongnam,...

TUNiB launches multi-persona AI chatbot DearMate

TUNiB launches multi-persona AI chatbot DearMate

South Korean generative artificial intelligence (AI) startup TUNiB on Thursday announced the launch of DearMate, a mobile app for free conversatio...

SK Telecom to enter generative AI market with large language model

SK Telecom to enter generative AI market with large language model

SK Telecom announced on Wednesday that it will provide tailored generative AI services to businesses and public agencies using various advanced arti...

SK invests $100 mn in ChatGPT developer's rival Anthropic

SK invests $100 mn in ChatGPT developer's rival Anthropic

South Korea’s SK Telecom Co. said on Sunday it has invested $100 million in the US startup Anthropic, a ChatGPT rival artificial intelligence ...

SK C&C begins to construct S.Korea's first ATS

SK C&C begins to construct S.Korea's first ATS

SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has started constructio...

Seoul to lower bar for multi-child family subsidies to raise birth rate

Seoul to lower bar for multi-child family subsidies to raise birth rate

The Seoul Metropolitan Government will change the definition of multi-child families from those with three or more kids younger than 13 to household...

S.Korea’s beauty brand Laneige enters UK, Middle East market

S.Korea’s beauty brand Laneige enters UK, Middle East market

Amorepacific Corp.'s cosmetic brand Laneige announced on Tuesday that it is accelerating its global business expansion by entering the UK and Middle...

POSCO to supply steel to Samsung Electronics under long-term contract

POSCO to supply steel to Samsung Electronics under long-term contract

POSCO Holdings Inc., the parent of South Korea’s top steelmaker, will supply steel to Samsung Electronics Co. under a long-term deal, which is...

Korea's LG CNS launches cloud cost optimization service

Korea's LG CNS launches cloud cost optimization service

LG CNS, a South Korean company specializing in digital transformation, announced on Tuesday the launch of its new service called "FinOps" Clinic.Fin...

LG Uplus offers foreign language chat service for customers

LG Uplus offers foreign language chat service for customers

LG Uplus Corp., a South Korean telecom operator of LG Group, said on Tuesday that it had launched a foreign language chat service for its customers,...

Kolon Global secures patent for Kankan Smart Space technology

Kolon Global secures patent for Kankan Smart Space technology

South Korea's construction engineering company Kolon Global Corp. said on Monday that it has obtained a technology patent for the multi-purpose syst...

LIG Nex1 signs contract for next-gen military radio system

LIG Nex1 signs contract for next-gen military radio system

LIG Nex1 Co. said on Thursday it has signed a contract worth 80 billion won ($63.1 million) with the Defense Acquisition Program Administration for ...

Netmarble to debut new games with fresh IPs, platforms in second half POSCO E&C wins $1.1 bn LNG terminal deal in Thailand DB Insurance in talks to buy US auto insurer Fortegra in landmark $1.5 bn deal LG Electronics acquires Norway’s OSO in bold HVAC expansion Hanwha Life takes over Indonesia’s Nobu Bank