new generation
Scope
Date
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Fashion
NHN Commerce acquires Italian luxury brands retailer Ikonic
NHN Commerce, South Korea's major online company NHN Corp.'s shopping platform, announced on Tuesday its acquisition of a 77.8% stake in Ikonic Srl,...
Jul 11, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix in next-generation HBM chip supremacy war
Samsung Electronics Co. and SK Hynix Inc. – the world’s two largest memory chipmakers – have fiercely competed to advance their ch...
Jul 10, 2023 (Gmt+09:00)
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Energy
LG Electronics to offer energy-saving services in US
South Korea's LG Electronics Inc. is set to bring its auto demand response (DR) service to the US, utilizing its smart home platform, LG ThinQ, the ...
Jul 10, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain releases new AI artist Karlo 2.0
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., revealed its latest AI image generation model Karlo 2....
Jul 10, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics creates global hit with new gaming monitor
Samsung Electronics Co. ’s new gaming monitor has received over 3,000 advance orders worldwide.The company on Monday said it began presale of ...
Jul 10, 2023 (Gmt+09:00)
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Bio & Pharma
HK inno.N releases new drug for GERD in Indonesia
South Korean bio-health company HK inno.N Corporation's new drug for gastroesophageal reflux disease (GERD) K-CAB has been officially launched in In...
Jul 10, 2023 (Gmt+09:00)
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Korean games
S.Korean game companies to launch new offensive in China
Major South Korean game companies such as Nexon, Netmarble Corp. and Smilegate from this month will roll out new titles on the Chinese market. ...
Jul 10, 2023 (Gmt+09:00)
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Fashion
Dior to open Tears capsule collection pop-up store in Seoul
Dior will open a pop-up store in Seoul's Seongsu-dong to commemorate the launch of the "Dior Tears capsule collection."This collection was created t...
Jul 07, 2023 (Gmt+09:00)
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Electronics
Samsung unveils global campaign video of Galaxy Z
Samsung Electronics Co. has announced the release of a new global campaign video ahead of the unveiling of the new foldable phone series on July 26....
Jul 07, 2023 (Gmt+09:00)
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Korean startups
AI startup Liner adds GPT service to Samsung Internet Browser
South Korea’s Liner, an artificial intelligence search platform startup, on Thursday announced the release of Liner Copilot, an extension for ...
Jul 07, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Beauty markets in three NE Asian nations split into cheap, small luxury
The beauty markets of South Korea, China and Japan are split into cost-effective products of under $10 and "small luxury" items like premium perfume...
Jul 07, 2023 (Gmt+09:00)
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Hydrogen economy
HD Hyundai Infracore to develop hydrogen gas turbine engine
HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of understanding (MOU) with...
Jul 07, 2023 (Gmt+09:00)
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Korean startups
Naver D2SF invests in AI data generation startup
South Korea's top online platform Naver Corp. has invested in a startup with an artificial intelligence-generation solution that lowers the risk of ...
Jul 06, 2023 (Gmt+09:00)
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Electronics
Samsung faces scrutiny under new EU digital market rules
Samsung Electronics Co. is facing scrutiny by the European Union over its leading position in the internet browser market under the Digital Markets ...
Jul 05, 2023 (Gmt+09:00)
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Aerospace & Defense
Kolon Industries to develop new materials for space exploration
Kolon Industries Inc., a South Korean chemical and textile manufacturer, announced on Wednesday it has signed a memorandum of understanding (MOU) wi...
Jul 05, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Wrtn integrates Google's latest LLM PaLM 2
South Korean generative AI startup Wrtn Technologies announced on Tuesday that it has integrated Google's latest PaLM 2 non-English language model i...
Jul 04, 2023 (Gmt+09:00)
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Artificial intelligence
LG Uplus releases ad with generative AI
South Korea’s third-largest mobile carrier LG Uplus Corp. on Tuesday unveiled the first video ad using generative artificial intelligence (AI)...
Jul 04, 2023 (Gmt+09:00)
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Private debt
Optimizing flexibility for fixed-income in new era: M&G
Fixed-income continues to offer an attractive entry point for investors with higher yields, declining inflation and the end of the interest rate hik...
Jul 03, 2023 (Gmt+09:00)
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Business & Politics
Samyang Foods Group rebrands as Samyang Roundsquare
South Korea's food-oriented Samyang Foods Group said on Monday it rebranded the group and the holding company Samyang Naturals Co.'s name as Samyang...
Jul 03, 2023 (Gmt+09:00)
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Corporate restructuring
LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent
LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billio...
Jul 02, 2023 (Gmt+09:00)
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Food & Beverage
Dongwon F&B selects virtual human family as brand model
South Korea's food and beverage company Dongwon F&B Co. announced on Friday that it has selected a virtual human family as the model for its pre...
Jun 30, 2023 (Gmt+09:00)
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Artificial intelligence
KT, Samsung to cooperate in building S.Korean-style full stack AI
South Korea's KT Corp. and Samsung Electronics Co. will pool their capabilities to build domestically developed full stack artificial intelligence...
Jun 30, 2023 (Gmt+09:00)
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Robotics
Doosan vice chairman visits robotics trade show Automatica
South Korea’s Doosan Group Vice Chairman Park Ji-won visited Automatica 2023 on Wednesday, a leading trade fair for smart automation held in M...
Jun 29, 2023 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young to develop inner beauty as new growth engine
South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...
Jun 29, 2023 (Gmt+09:00)
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Electronics
Samsung Gangnam takes aim at Apple Store to lure MZers
Apple Inc., the world’s leading premium smartphone maker, opened its latest South Korean flagship store in the bustling neighborhood of Gangna...
Jun 29, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Group seeks new partners in Silicon Valley’s startup scene
South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries, biopharmaceuticals...
Jun 28, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung on smooth track to 1.4 nm foundry tech to take on TSMC
SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday unveiled details of its advanced proces...
Jun 28, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to invest $230 bn in Korea on speedy govt support
Samsung Electronics Co., the world’s top memory chipmaker, is set to spend 300 trillion won ($230.4 billion) to build semiconductor manufactur...
Jun 27, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korean gov't unveils new K-tourism video ads
The South Korean Ministry of Culture, Sports, and Tourism, along with the Korea Tourism Organization, announced on Tuesday that they have launched t...
Jun 27, 2023 (Gmt+09:00)
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Rights offerings
S.Korean firms' rights issues swell 10-fold in June
An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...
Jun 27, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet