NCSOFT, Obigo to jointly develop car AI services
South Korea's major game developer and publisher NCSOFT Corp. announced on Monday that it signed a memorandum of understanding (MOU) with the domest...
Korea’s 6G frequency bands picked as standard candidates
Sixth-generation (6G) communication frequency bands proposed by South Korea have been adopted as global standard candidates by the industry's freq...
New Samsung, LG laptops drive industry shift toward on-device AI
Samsung Electronics Co. and LG Electronics Inc. are unveiling new artificial intelligence-powered laptops next month, joining an industry move to in...
Samsung to release Galaxy Book4 laptop series in January
Samsung Electronics Co. will release its laptop lineup Galaxy Book4 series on Jan. 2, 2024, with a new intelligent processor for high performance an...
Korea Housing Finance Corp. opens New York office
Korea Housing Finance Corporation announced on Wednesday that it has opened a New York office to serve as a hub for its overseas fund procurement ac...
Samsung, ASML to build joint research plant in Hwaseong
Samsung Electronics Co. and ASML Holding NV plan to build their joint research plant in Dongtan township in Hwaseong, South Korea, in which the me...
Naver Webtoon to enhance global biz with new exec for US IPO
Naver Webtoon Ltd., the world’s top digital comics provider, aims to ramp up its global business with the appointment of a new executive ahead...
LG Electronics launches AI-powered LG Gram laptop
South Korean electronics giant LG Electronics Inc. announced on Friday its plans to launch the AI-powered LG Gram laptop, featuring Intel's next-gen...
SK On Vice Chair Chey Jae-won sees greater growth potential in 2024
Chey Jae-won, executive senior vice chairman of SK On Co., a leading South Korean battery maker, said on Thursday he expects the company’s gro...
CJ Foodville attracts $54 mn investment from Arges PE
CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of bakery brand Tous les Jours announced on Thursday that it at...
Kia to unveil new PBV lineup at CES 2024
Kia Corp. announced on Thursday that it plans to participate in the world’s biggest consumer technology trade show CES. The company will ret...
Kakao taps venture capital unit head as new CEO to lead reform
Kakao Corp., South Korea’s top mobile platform under fire for its extremely aggressive business expansion, tapped its venture capital unit hea...
Hyundai-invested SES to provide Li-Metal battery B samples, eyes UAM
SES AI Corp., a high-performance battery maker backed by several global automakers such as GM and Hyundai Motor Co., has moved one step closer to co...
LG Elec launches new medical monitor
LG Electronics Inc. unveiled a new medical monitor on Wednesday. This monitor boasts high brightness suitable for both clinical and diagnostic purpo...
Korean shipbuilders shrug off concerns over lower new ship prices
South Korean shipbuilders shrugged off concerns of an industry peak-out boosted by the first fall of new vessel prices in 45 weeks and lower used sh...
HK inno.N reveals differentiated clinical results for K-CAB
South Korean bio-health company HK inno.N has been expanding its market by steadily announcing differentiated clinical results for its gastroesophag...
Paris Baguette opens 7 new stores in SE Asia in one month
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Tuesday that it opened seven stores in Southeast Asia in on...
Carmakers to expand affordable EV, hybrid lineups in Korea
Carmakers in South Korea are slated to unveil new electric vehicle models at cheaper prices next year to revive the sputtering EV market and also ro...
Samsung launches new growth engine control tower at mobile division
Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eX...
LG Uplus, Toyota Motor Korea team up for EV chargning
South Korea's LG Uplus Corp. announced on Monday that it formed a partnership with Toyota Motor Korea to expand electric vehicle (EV) charger infr...
Hyundai, Kia’s car exports to top 2 mn units for 1st time in 7 years
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, are set to export more than 2 million cars in 2023 for the first time i...
New 2024 E-Class soon to arrive in Korea, land of Mercedes-Benz
As with the launch of every new E-Class, the flagship model of luxury German car brand Mercedes-Benz, the phrase “evolution, not revolution&rd...
Former Kakao CEO founds AI entertainment company
Namkoong Whon, the former CEO of South Korea’s Kakao Corp., announced on Friday that he founded artificial intelligence (AI)-based entertain...
Korea Zinc to up sales to $19 billion by 2033 with green energy
Korea Zinc Inc., South Korea’s and the world’s largest lead and zinc smelter, will accelerate its drive to foster its new growth engines...
Kia EV9 selected safest car in Europe
Kia EV9, the flagship large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., received five stars in the Eu...
Seoul to add new aerial lifts to Namsan by 2025
Visitors to Seoul, the capital of South Korea, are expected to enjoy faster and easier exploration of the city’s famous Namsan Mountain in 202...
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 ...
POSCO International wins green car parts orders from US, Europe
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is accelerating i...
Foreign streetwear brands flock to rich districts in Seoul
Palace Skateboards will likely join other foreign streetwear brands such as Noah, Supreme and Stussy, which have made their debut in South Korea, ta...
Hanwha to re-enter biopharma market, targeting biomaterials
South Korea’s Hanwha Group will re-enter the biopharmaceutical market to become the country’s sole producer of tris buffers, a key reage...
