Samsung Electronics' life cycle assessment gauges CO2 emission impact from chips

Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...

JW Pharma to put AI into new drug ingredient development

South Korea's drug developer JW Pharmaceutical is expanding the scope of its artificial intelligence (AI) uses from new drug research to the develop...

Taihan Cable begins construction of optical cable plant in Kuwait

Taihan Cable & Solution Co. said on Monday that it held a groundbreaking ceremony for its optical cable production unit Taihan Kuwait in the Mid...

Hyundai Dept. Store introduces AI chatbot service Jellppo

Hyundai Department Store Co. said on Sunday that it would introduce the artificial intelligence (AI) chatbot "Jellppo." Jellppo is an AI-based one-o...

Samsung Electronics opens experience store in New Delhi

Samsung Electronics Co. said on Sunday that its Indian subsidiary Samsung India opened a large experience store in New Delhi’s main street Con...

POSCO gets nod for battery technology transfer to overseas plants

POSCO Chemical Co., a unit of South Korean steelmaker POSCO Holdings Co., on Thursday won government approval to transfer technology to its overseas...

'Extraordinary Attorney Woo' maker to create webtoon-based K-drama series

KT Skylife Co., a broadcasting unit within South Korean telecom behemoth KT Corp., is slated to boost its investment in intellectual property conten...

LG Innotek, Samsung Electro-Mechanics Q4 profit disappoint

LG Innotek Co. and Samsung Electro-Mechanics Co., two major South Korean suppliers for Apple’s iPhone, on Wednesday reported more than a 60% p...

Celltrion increases its stake in British ADC developer Iksuda

Celltrion Inc. has secured an additional stake in the UK's antibody-drug conjugate (ADC) developer Iksuda Therapeutics.According to Celltrion on Wed...

Kolmar Korea to establish new cosmetics production base in Sejong City

South Korea's cosmetic original design manufacturer Kolmar Korea said Wednesday that it would establish a cosmetics production base equipped with ar...

Hyundai, Kia make up 11.3% of UK's new car registrations in 2022

South Korean carmaker Hyundai Motor Group accounted for 11.3% of the new car registrations in the UK last year, according to a report that the Socie...

Carrier’s Korea JV aims to raise sales with cold chain biz

Carrier Global Corp.’s joint venture in South Korea aims to ramp up sales with the cold chain business, the series of actions and equipment ap...

Kia Sportage selected Family SUV of Year by UK auto journal

Kia Corp. said on Friday that its sport utility vehicle (SUV) Sportage has been named Family SUV of the Year by the British automotive magazine What...

Korea’s top probiotic drink maker hy to expand global biz

South Korea’s leading probiotic drink maker hy Co. is seeking to expand its health functional food business into the global market as demand f...

Metaverse-based virtual offices: New breadwinner for LG CNS

LAS VEGAS – While buzzwords such as avatar and the metaverse are on everyone’s lips these days, waking up in the morning and going to a ...

Hyundai E&C wins record $28.4 billion in new orders last year

South Korean builder Hyundai Engineering & Construction last year earned sales of 21 trillion won ($17 billion) thanks to growth in the domestic...

Cosmax to make inroads into Japanese market in earnest

Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, said on Thursday that it would start targeting the Japanese market...

CJ HDC Biosol completes plant for green biodegradable materials

South Korea's CJ HDC Biosol on Thursday said it held a completion ceremony for its biodegradable material compounding plant at Gwanghyewon Industria...

Activist fund nominates director candidates for KT&G

A Singapore-based activist fund has stepped up pressure on the world’s fifth-largest tobacco maker KT&G Corp. to reform governance and boo...

Hyundai Doosan Infracore unveils new construction equipment brand

South Korea's Hyundai Doosan Infracore Co. on Wednesday said that in a news conference in Las Vegas on the day before, it unveiled its new construct...

GC Biopharma's Sanfilippo treatment eligible for FDA priority review

GC Biopharma Corp. said on Wednesday that its Sanfilippo type A treatment, which is under joint development with Novel Pharma, a bio-venture special...

Samsung touts Galaxy S23 Ultra smartphone as best of the best

Get ready for the best of the best, says Samsung Electronics Co.'s mobile business chief days before its Galaxy Unpacked 2023 event, where it plans ...

Lotte to invest $55 mn in Indian ice cream subsidiary for 5 years

South Korea-based Lotte Confectionery Co. will invest  4.5 billion rupees ($55.1 million) in its Indian unit Havmor Ice Cream in the next five ...

Samsung to open Galaxy Experience Spaces for Galaxy Unpacked

Samsung Electronics Co. will open 29 interactive Galaxy Experience Spaces in 24 locations in 19 countries, following the Galaxy Unpacked event to be...

Daewoong accelerates investment in CDMO business

Daewoong, the holding company of South Korea's pharmaceutical-oriented Daewoong Group, is speeding up its pace to beef up its contract development a...

Samsung Eng. wins ADNOC’s $80.7 mn joint project

South Korea’s Samsung Engineering Co. has won a $80.7 million joint project from Abu Dhabi National Oil Co. (ADNOC) for multi-billion-dollar g...

Samsung unveils 200-megapixel image sensor for Galaxy S23 Ultra

Samsung Electronics Co. on Tuesday unveiled its latest image sensor, the ISOCELL HP2, with improved pixel technology, which is widely expected to ...

Medytox to build plant for finished toxin products in Dubai

South Korea's biopharmaceutical company Medytox Inc. will build a plant for finished products containing botulinum toxin in the United Arab Emirates...

Kakao Mobility launches future mobility hardware think tank

South Korea's Kakao Mobility has launched a think tank to study next-generation mobility hardware under the company's bid to lead overall innovation...

Stay-in-hotel trend for the holidays revs up luxury hotels

Luxury hotels in South Korea are enjoying the emerging trend of Koreans choosing relaxing vacations at hotels, rather than taking holidays overseas....