SK Telecom launches AI pet diagnostic solution in Australia

SK Telecom launches AI pet diagnostic solution in Australia

South Korea's SK Telecom Co. announced on Wednesday that it launched its AI-based pet diagnostic assistance service X Caliber in Australia and has b...

Tata, Korea's Woori to expand car financing services in Asia

Tata, Korea's Woori to expand car financing services in Asia

Woori Financial Group Inc., the fourth-largest financial holding group in South Korea, and India’s top commercial vehicle maker Tata Motors Lt...

Hanwha Life to buy stake in Indonesia's Lippo-owned bank

Hanwha Life to buy stake in Indonesia's Lippo-owned bank

South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023...

Korea's Lotte Insurance put on market for around $1.5 bn

Korea's Lotte Insurance put on market for around $1.5 bn

Lotte Group’s non-life insurance affiliate Lotte Insurance Co., has been put up for sale at around 2 trillion won ($1.5 billion), according to...

Korea to offer $5 bn insurance for defense exports

Korea to offer $5 bn insurance for defense exports

South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to...

Hanwha, 1st Korean insurer to earn dividends from overseas unit

Hanwha, 1st Korean insurer to earn dividends from overseas unit

Hanwha Life Insurance Co. is set to earn dividends from its Vietnamese subsidiary, reporting a cumulative profit after 15 years, becoming South Kore...

KIDI to build insurance infrastructure in Vietnam

KIDI to build insurance infrastructure in Vietnam

The Korea Insurance Development Institute (KIDI) announced on Friday that it signed a business agreement with the Vietnam Insurance Development Inst...

Lotte Insurance's value rises with long-term care expansion

Lotte Insurance's value rises with long-term care expansion

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

S.Korea commercializes recycled materials EV tire

S.Korea commercializes recycled materials EV tire

South Korea's Hyosung Advanced Materials, SK Chemicals Co., and Hankook Tire & Technology announced on Mar. 6. that they commercialized a dedica...

Celltrion to deliver three treatments to Peru

Celltrion to deliver three treatments to Peru

South Korea’s Celltrion Inc. announced on Thursday that it will supply three treatments, including its blood cancer drug Truxima (rituximab) t...

Kyobo Life CEO Shin Chang-jae: Eccentric, humanitarian entrepreneur

Kyobo Life CEO Shin Chang-jae: Eccentric, humanitarian entrepreneur

When Shin Chang-jae took the helm of Kyobo Life Insurance Co. in 2000 the South Korean insurance firm was reeling from the aftermath of the 1998 Asi...

SK Telecom to enter Australian pet clinics market in H1

SK Telecom to enter Australian pet clinics market in H1

South Korea’s SK Telecom Co. announced on Tuesday that it has signed a commercial contract with ATX Medical Solutions, Australia's largest m...

Lexus tops imported car brands in Korea driver survey

Lexus tops imported car brands in Korea driver survey

Lexus ranked tops in a customer satisfaction survey of imported-car drivers in South Korea, which also found positive responses to the online purcha...

SK Telecom to enter AI pet diagnostic market in US

SK Telecom to enter AI pet diagnostic market in US

South Korea’s SK Telecom Co. announced on Wednesday that it has signed with the US-based veterinary diagnostic radiology firm Vetology to laun...

LG Uplus buys pet Airbnb-style startup to boost pet care services

LG Uplus buys pet Airbnb-style startup to boost pet care services

LG Uplus Corp. has acquired a domestic dog space rental startup Along as the South Korean mobile carrier is zooming in on pet care services as its n...

SK Networks invests $20.7 mn in pet care startup

SK Networks invests $20.7 mn in pet care startup

South Korean trading firm SK Networks Co. announced on Monday it has completed a 28-billion-won ($20.7 million) investment in the domestic pet care ...

LG Chem to manufacture flooring from waste PET bottles

LG Chem to manufacture flooring from waste PET bottles

South Korea's LG Chem Ltd. revealed on Thursday its plan to produce an eco-friendly plasticizer derived from discarded polyethylene terephthalate (P...

SK Chemicals develops recycled plastic LP records

SK Chemicals develops recycled plastic LP records

South Korea's SK Chemicals Co. unveils recycled plastic LP records.The company announced on Thursday it has jointly developed the EcoRecord, an LP r...

Samsung Electronics to soon unveil Galaxy SmartTag2

Samsung Electronics to soon unveil Galaxy SmartTag2

Samsung Electronics Co. on Thursday announced its planned global release on Wednesday of Galaxy SmartTag2, the improved version of its mobile access...

SK Telecom enters Japan's pet care market

SK Telecom enters Japan's pet care market

South Korea’s SK Telecom Co. has entered the Japanese pet market using its innovative artificial intelligence (AI) under a tie-up with Japan&r...

Lotte Chemical launches eco-friendly material brand Ecoseed

Lotte Chemical launches eco-friendly material brand Ecoseed

South Korea's Lotte Chemical Corp. has launched its eco-friendly material brand, "Ecoseed." The company announced on Tuesday that it unveiled the Ec...

SK Chemicals, Lovere to recycle waste plastic in China

SK Chemicals, Lovere to recycle waste plastic in China

South Korea's SK Chemicals Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with Lovere, a leading recycling business...

LG Uplus pet care platform's subscribers exceed 300,000

LG Uplus pet care platform's subscribers exceed 300,000

South Korea's LG Uplus Corp. announced on Thursday that its pet service platform ForDong has garnered over 300,000 subscribers just 14 months sinc...

SK Chemicals wins APR certification for five recyclable materials

SK Chemicals wins APR certification for five recyclable materials

South Korea's SK Chemicals announced on Tuesday that five of its recyclable materials, which are used for packaging in the cosmetic, food, and bever...

S.Korea's pet-friendly tourism sees brisk growth

S.Korea's pet-friendly tourism sees brisk growth

More lodging facilities and tourism infrastructure in South Korea are accommodating people who wish to travel with their pets.This strategy by the...

Celltrion’s Vegzelma listed on prescription of 10 private US insurers

Celltrion’s Vegzelma listed on prescription of 10 private US insurers

South Korea’s Celltrion Healthcare Co. announced on Wednesday that it has signed contracts with 10 insurance providers in the US to boost the ...

Hanwha Life sees cumulative profit in 15 years in Vietnam

Hanwha Life sees cumulative profit in 15 years in Vietnam

Hanwha Life Insurance Co.’s Vietnamese subsidiary has reported a cumulative profit in 15 years, marking the first South Korean insurers’...

Tokio Marine seeks to sell SE Asia units to S.Korean companies

Tokio Marine seeks to sell SE Asia units to S.Korean companies

Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...

Global EV, battery sectors in war for talent acquisition

Global EV, battery sectors in war for talent acquisition

Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...

S.Korea’s aid service Boram Group enters companion animal market

S.Korea’s aid service Boram Group enters companion animal market

South Korea’s Boram Group, whose main affiliate is an aid company, has entered the companion animal market.  Affiliates Boram Sangjo and ...

Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking