Samsung vows to regain chip lead with new R&D center

Samsung Electronics Co. is pinning its hopes on its new research and development complex, which will cost the company 20 trillion won ($14.4 billion...

Hyundai Motor taps US unit chief Jose Munoz as new CEO

Hyundai Motor Co. on Friday named Jose Munoz, its global chief operating officer (COO) and head of North and South American operations, as its new a...

Shinsegae affiliate SSG.COM secures Olympus as new financial investor

Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean b...

IONIQ 9, EV9 GT named most anticipated new vehicles in US

Hyundai Motor Co. 's IONIQ 9 and Kia Corp. 's EV9 GT were selected as America’s Most Anticipated New Vehicles 2025 by Newsweek. This is t...

Shinhan Securities Vietnam launches mobile trading system

South Korea's Shinhan Securities said on Thursday its overseas subsidiary Shinhan Securities Vietnam (SSV) launched a mobile trading system (MTS) "N...

HJ S&C wins $200 mn Philippines new port construction project order

HJ Shipbuilding & Construction Co. (HJ S&C) said on Thursday its construction division secured a 280 billion won ($200 million) contract to ...

SK Hynix affiliate Solidigm unveils industry’s highest-capacity 122TB eSSD

Solidigm, the NAND flash-making subsidiary of South Korean chipmaker SK Hynix Inc., said on Wednesday it has launched a 122-terabyte (TB) enterprise...

Samyang enters Australia, New Zealand with allulose approval

South Korean chemical and food ingredient manufacturer Samyang Corp. said on Wednesday that it has become the first allulose producer to secure appr...

S-1 releases CCTV monitoring service

South Korea's security service provider S-1 Corp. said on Monday it launched CCTV Monitoring Service, a system designed to notify customers of any r...

Korea’s Nongshim to mesmerize New Yorkers with Han River Shin Ramyun

If you’re in New York City this weekend, be sure to drop by the Korean Cultural Center.The South Korean government office has partnered with t...

LG unveils AI-powered commercial washers, dryers in renewed B2B push

South Korean home appliances giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business (B2B) marke...

Korean chipmakers, battery makers face new risks with Trump’s comeback

With Donald Trump reelected as the next US president, South Korea’s major chipmakers, automakers and battery makers are on high alert as durin...

S.Korea's SPC Samlip launches B2B brand 'Yaam'

SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, announced Wednesday that it has launched a B2B solutions bran...

LG CNS launches AI solution Enerdict for virtual power plant operators

LG CNS Co., a leading South Korean IT service provider, has launched Enerdict, an AI-powered solution designed to optimize the operations of virtual...

Kia launches Sportage facelift to accelerate SUV boom

Kia Corp., South Korea’s No. 2 automaker, on Monday unveiled a facelift of its Sportage to boost the sport utility vehicle (SUV) craze in the ...

HD Hyundai may nearly double shipbuilding capacity in Vietnam

HD Hyundai Co., the world’s second-largest shipbuilder, is likely to nearly double its vessel construction capacity in Vietnam to meet surging...

Hyundai Rotem to unveil unmanned firefighting robot

South Korea's Hyundai Rotem Co. unveiled on Thursday an unmanned firefighting robot designed to tackle fires in hazardous environments without riski...

Korea Zinc to raise $1.8 bn in rights issues amid face-off with MBK

Korea Zinc Inc. will raise 2.5 trillion won ($1.8 billion) in rights issues in December following its share buybacks and allocate 20% of them to its...

LG Uplus unveils content review platform 1Row

South Korea's LG Uplus Corp. said on Wednesday it launched 1Row, a content review platform for movies and dramasUsers can access cast and director i...

S.Korea's Daesang holds kimchi contest in US

South Korea's Daesang Corp. said on Monday it hosted the "Jongga Kimchi Blast" event in the US to promote kimchi and elevate Korean food culture.&...

Samsung to unveil 400-layer bonding vertical NAND for AI servers by 2026

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a 400-layer vertical NAND flash chip by 2026 to lead the fast-g...

LG Energy Q3 profit more than doubles on higher sales; shares jump

LG Energy Solution Ltd., the world’s third-largest battery maker, said its quarterly operating profit more than doubled from the previous thre...

KEPCO shortlisted for Saudi Arabia's solar energy projects

Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, was shortlisted as a final candidate for renewable energy projects i...

BTS Jin previews new song ‘I’ll Be There' ahead of release of his solo album

BTS Jin released “I'll Be There,” a preview track from his first solo album, on Friday, his agency Big Hit Music announced.“I'll B...

Kia reveals teaser images of The New Sportage

South Korea's Kia Corp. unveiled the teaser images and videos of The New Sportage, the facelift model of Kia's flagship compact sport utility vehicl...

Samsung unveils generative wallpaper of AI TVs

Samsung Electronics Co. said on Wednesday the launch of its Generative Wallpaper feature for the 2024 Neo QLED and QLED models, powered by Tizen OS....

Hana Financial’s Hana The Next: New financial services tailored for seniors

As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...

Hanwha Asset taps US for Korean defense ETF listing

Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...

Kakao to launch AI messenger service Kanana in H1 2025

South Korea’s platform giant Kakao Corp. will roll out Kanana, a conversational AI agent-integrated messenger app, in the first half of next y...

Doosan to resume Bobcat, Robotics merger with new ratio

South Korea’s plant and machinery powerhouse Doosan Group will resume the merger of Doosan Bobcat Inc. and Doosan Robotics Inc. using a new me...