DB HiTek develops automotive power semiconductor tech

DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...

Samsung’s $22 bn new chip plant up and running to make NAND flash

PYEONGTAEK – Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it has put its new 30 trillion won ($22 bi...

SK Hynix bets on 2025 memory upturn with $11 billion new plant

SK Hynix Inc., the world’s second-largest memory chipmaker, will spend 15 trillion won ($11 billion) over the next five years to build a new m...

LG Elec unveils new NFT platform, aims to turn living room into art gallery

LG Electronics Inc. announced Monday it has launched its very own non-fungible token (NFT) platform, LG Art Lab. Now available in the United St...

Ukraine war gives North Korea reasons to draw closer to Russia

SEOUL—Russia’s invasion of Ukraine has created an opportunity for North Korea, which has strengthened its ties with Moscow and beco...

Samsung leader Lee’s latest role: Special envoy for World Expo 2030 bid

As South Korea is serious about hosting the World Expo 2030, the country’s top business leaders will be given new roles: Leading the governmen...

NPS' new chairman Kim Tae-hyun to start 3-year term

South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp....

Precision Biosensor enters Italy with chemical test kits

South Korea’s diagnostic devices supplier Precision Biosensor Inc. has signed an export contract with Italian medical device company Borden Ch...

Hyundai CEO says on track for hydrogen-fueled NEXO’s new model

Hyundai Motor Co. is on track to develop a revamped model of its hydrogen fuel car NEXO, its chief executive said on Wednesday, as the South Korean ...

Micron’s entry into DDR5 market: A boon for Samsung, SK Hynix

The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...

Samsung, LG boost use of recycled materials for electronics

South Korean tech giants Samsung and LG are increasing their amount of electronic products made from recycled materials. The companies will showcase...

SK Group reworks 'financial story' action plans

Chief executives of South Korea’s No. 2 conglomerate SK Group are overhauling their action plans to implement the “financial story&rdquo...

Hyundai’s Chung rolls up sleeves to counter US EV tax credit act

Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...

Lotte to support Korean SMEs via exhibitions in Berlin, New York

Lotte Group, South Korea’s fifth-largest conglomerate, is set to boost the global sales channels of some 200 Korean small and medium-sized ent...

Korean bio firms look to pills, patches for people who fear needles

Getting shots of a drug or vaccine over a long period is not easy for many people.That's probably why global biopharmaceutical companies and biotech...

Korea targets Tesla, imported EVs with new subsidy policy

South Korea is planning to set up a new subsidy policy for electric vehicle purchases, which will be commensurate to the EV makers’ after-sale...

SK Ecoplant to supply fuel cells to China’s top data center operator GDS

South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...

Celltrion gains sales approval for biosimilar Vegzelma in Europe

Celltrion Healthcare Co., South Korean biopharmaceutical giant Celltrion Inc.'s global marketing affiliate, said on Friday it has obtained the Europ...

Celltrion Healthcare logs record-high Q2 revenue on back of Remsima

Celltrion Healthcare Co., South Korean biopharmaceutical giant Celltrion Inc.’s global marketing affiliate, posted its record-high second-quar...

Korea's Hanmi Semiconductor releases new glass micro saw

Hanmi Semiconductor Co., South Korea’s leading chip equipment maker, has launched a ‘full automation glass micro saw' dubbed GL2101 and ...

Boston emerges as Korean firms’ R&D hub for AI, batteries

Top South Korean conglomerates Samsung and Hyundai have selected Boston as the home of their first overseas research centers for batteries and artif...

Samsung Elec. unveils Odyssey Ark, 55-inch curved gaming screen

Samsung Electronics Co. on Monday announced the global launch of Odyssey Ark, the world’s first 55-inch 1000R curved gaming screen. 100...

Hyundai to set up AI robotics R&D center near Boston

South Korea’s Hyundai Motor Group will set up an artificial intelligence research center in the Boston area to develop AI-driven robotics tech...

Korea game sector hopes for better profits with new titles

South Korea’s game developers aimed to improve earnings with the release of new titles in the second half after reporting disappointing quarte...

Samsung’s new foldables: High-stakes game changers in smartphones

Samsung Electronics Co. on Wednesday unveiled its fourth-generation foldable phones – new additions to its high-end line of Galaxy Z Fold and ...

S.Korea’s SPAC IPOs eclipse company public listings

Special purpose acquisition companies (SPACs) are gaining momentum in South Korea’s initial public market on the back of eased regulations and...

TiumBio inks licensing deal with China's Hansoh for endometriosis drug

South Korean biotech TiumBio Co. has signed a technology transfer agreement of its endometriosis and uterine myoma treatment candidate with China&rs...

Lotte Chilsung to tie up with startups for vegan drinks

South Korea’s Lotte Chilsung Beverage Co. is set to start the vegan business along with local startups as veganism, or the practice of abstain...

SK Nexilis to unveil ultra-high strength EV battery copper foil

SK Nexilis Co., a unit of South Korean chemical materials maker SKC Ltd., has developed technology to mass produce ultra-high strength copper foil, ...

Seoul suspends new antitrust bill on trade conflict fears

South Korea has postponed the introduction of a new law aimed at expanding its authority beyond Korean entrepreneurs, people familiar with the matte...