Hyundai, Kia, Toyota unveil new SUVs in head-to-head showdown
South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – are set to compete head-to-head with Japan’s top ca...
LG unveils new home appliances upgradable like smartphones
LG Electronics Inc. on Tuesday unveiled a new set of home appliances upgradable through apps just like a smartphone as the company aims to transform...
Huons’ overseas market expansion leads to record-high sales
South Korea's Huons Group is continuing its record-breaking performance while expanding its influence in the global market.According to Huons Group ...
Korea's Daesang begins production of sugar alternative allulose
South Korean food maker Daesang Corp. has started operations of the country’s largest facility for the production of allulose, a low-calorie s...
Samsung SDI, Stellantis agree to build 2nd US battery plant
South Korea’s Samsung SDI Co. and the Netherlands-based automaker Stellantis N.V. have signed a memorandum of understanding (MOU) to build the...
POSCO Future M spurs single-crystal cathode production
GWANGYANG – POSCO Future M Co., the battery materials unit under South Korean steel giant POSCO Holdings Inc., is spurring production of singl...
Samsung primed for graphics chip leadership with GDDR7
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled a next-generation graphics DRAM chip that is faster and more energ...
Mirae Asset’s global ETFs exceed $100 bn in net asset value
Mirae Asset Global Investments Co., South Korea’s leading asset manager, said on Tuesday its exchange-traded funds (ETFs) worldwide have surpa...
Aekyung Industrial's sales on Amazon jump 58% in H1 2023
South Korea's Aekyung Industrial announced on Tuesday that its sales on the US e-commerce platform Amazon in the first half of this year increased...
KCC boosts output of semiconductor-sealing material
South Korean chemical and auto parts maker KCC Corp. is expanding its production lines for the semiconductor-sealing material epoxy molding compound...
Daewoong's Nabota exceeds 600,000 customers in US
South Korea's Daewoong Pharmaceutical said on Thursday that its local loyalty program for Nabota (American name: Jeuveau) in the US, a botulinum tox...
SK Telecom, Hana Financial Group jointly nurture AI startups
SK Telecom Co. and Hana Financial Group are strengthening their collaboration in the field of artificial intelligence (AI). They are jointly fosteri...
POSCO sharply lifts 2030 battery materials sales targets
South Korea’s POSCO Holdings Inc. on Tuesday sharply revised up its sales targets for rechargeable battery materials as it is aiming to join t...
Samsung Electronics opens gaming-focused shopping platform
South Korea's Samsung Electronics Co. announced on Monday that it has opened the Samsung Gaming Portal on its domestic website Samsung.com to streng...
LG Uplus to enter fashion metaverse
South Korea‘s LG Uplus Corp. has launched a fashion metaverse business, starting this month the clothing store Meta Slap, a digital service fo...
KTO releases 49 Korean Wave tourism products
The Korea Tourism Organization (KTO) said on Friday that it has selected 49 tourism routes developed by 19 different travel agencies, centered aroun...
LG Electronics sets up 1st global R&D center in Indonesia
South Korean home appliance giant LG Electronics Inc. opened its first overseas research and development center in Indonesia on Thursday to accelera...
SCM Lifescience kicks off anti-hair loss product exports to SE Asia
South Korea’s stem cell tech company SCM Lifescience on Wednesday said it has started full-scale exports to Southeast Asia of its hair loss ca...
SK Bioscience, Thai’s GPO to jointly boost vaccine infrastructure
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Wednesday that it has signed a memorandum of understanding (MO...
Kia’s Gwangju auto plant gears up for 2nd heyday with EVs
GWANGJU, South Jeolla Province -- Kia Corp.'s plant in Gwangju, about 270 kilometers south of Seoul, bustled with workers and cars, including its be...
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)...
HD KSOE bags $2.3 bn in vessel orders, achieves 90% of 2023 target
South Korea’s biggest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has recently bagged over 3 trillion won ($2.3...
GC Biopharma inks $90mn deal for blood products in Brazil
South Korea's GC Biopharma Corp. on Monday announced on Monday that it has a supply contract with Blau Farmacêutica, a Brazilian pharmaceutica...
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...
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...
S.Korea’s mattress maker Zinus launches premium product line
South Korean furniture and mattress maker Zinus Inc., an affiliate of Hyundai Department Store Group, has started a premium mattress line.The compan...
Nongshim’s Baeksansu, Disney to collaborate character products
South Korea's instant noodle giant Nongshim Co. announced on Friday that it will release a collaborative product featuring Disney character images o...
Samsung SDI expands cooperation with EV makers
Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is expanding cooperation with its customers including General Motors C...
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...
Noroo Paint unveils biodegradable plastic container
South Korea’s Noroo Paint on Wednesday said it developed an eco-friendly plastic container capable of oxidative biodegradation for its main pr...
