EDGC enters US procurement market with medical supplies

EDGC enters US procurement market with medical supplies

Eone Diagnomics Genome Center Co. (EDGC), a South Korean healthcare firm specializing in genetic analysis technology, is set to enter the US governm...

Rising global TV prices: A boon and risk for Samsung, LG

Rising global TV prices: A boon and risk for Samsung, LG

Global TV prices rose by a third last year and are expected to continue their uptrend this year, which could be a boon for the world’s two lar...

LG Innotek shares at new highs, tracking Apple's rise

LG Innotek shares at new highs, tracking Apple's rise

Shares in LG Innotek Co., a major camera module supplier for Apple iPhones, climbed to a record high on Monday, in stark contrast to the flat wider ...

Shares of cement makers firm up despite higher coal prices

Shares of cement makers firm up despite higher coal prices

Shares in South Korean cement suppliers have performed well in a rangebound market, despite soaring prices of bituminous coal, their raw material.Co...

China's lockdown: Double effect to Korean tech stocks

China's lockdown: Double effect to Korean tech stocks

The COVID-19 lockdown of Shenzhen, the city known as Silicon Valley of China, is increasing concerns over supply disruptions to South Korea’s ...

Data centers in European core cities are promising, Principal head says

Data centers in European core cities are promising, Principal head says

Critical data center hubs have emerged in European major cities with dramatic growth in data consumption, and the facilities are rising as promising...

Hyundai’s auto exports to Russia cut by half in February, hit by war

Hyundai’s auto exports to Russia cut by half in February, hit by war

Hyundai Motor Co.'s car exports to Russia have dwindled by nearly half in the latest indication that global automakers are feeling the pinch due to ...

Goldman sees Samsung, SK Hynix shares up 50% over next 12 mths

Goldman sees Samsung, SK Hynix shares up 50% over next 12 mths

The share prices of the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc. each have room to rise by about 50% ov...

S.Korean builders, tech stocks rally after election

S.Korean builders, tech stocks rally after election

The South Korean stock market rose across the board on Thursday, reacting positively to the election of former prosecutor generator Yoon Suk-yeol as...

POSCO, Hancock to restart multi-billion-dollar Hardey iron ore project

POSCO, Hancock to restart multi-billion-dollar Hardey iron ore project

South Korea’s top steelmaker POSCO and Hancock Prospecting Pty Ltd, a leading Australian mining firm, have agreed to restart a long-dormant ir...

LG Elec signs 5G vehicle connectivity deal in Europe

LG Elec signs 5G vehicle connectivity deal in Europe

LG Electronics Inc. has signed a deal on 5G vehicle connectivity with a European premium carmaker as the South Korean company is expanding its marke...

Skincare giant Cosmax adds pet care line

Skincare giant Cosmax adds pet care line

South Korea’s beauty products manufacturer Cosmax Inc. has entered the rapidly growing pet products market.The company specializes in receiv...

Korean shipbuilders set for more orders on Ukraine crisis

Korean shipbuilders set for more orders on Ukraine crisis

South Korea’s shipbuilders are expected to get more orders on the escalating crisis in Ukraine as Europe is diversifying natural gas suppliers...

Korean chipmakers to cut core solvent imports for EUV process

Korean chipmakers to cut core solvent imports for EUV process

South Korean chipmakers are expected to reduce imports of a core solvent of the extreme ultraviolet (EUV) process for semiconductor manufacturing as...

Korea’s record liquidity growth raises inflation, asset prices

Korea’s record liquidity growth raises inflation, asset prices

South Korea’s money supply increased at the fastest pace in history last year, exceeding liquidity growth in the eurozone, which accelerated i...

Korea’s Solus supplies battery copper foil to Tesla

Korea’s Solus supplies battery copper foil to Tesla

South Korea’s Solus Advanced Materials started supplying battery copper foil to Tesla Inc. in January, becoming the country’s first batt...

Korea battery makers at risk from reliance on China materials

Korea battery makers at risk from reliance on China materials

South Korea’s secondary battery makers face a risk from heavy reliance on Chinese raw materials, while the industry has sought measures to ens...

Hyundai Steel supplies high-strength steel for Genesis G80 EV, G90

Hyundai Steel supplies high-strength steel for Genesis G80 EV, G90

Hyundai Steel Co. is supplying its newly developed ultra-high-strength steel sheets for car bodies to Hyundai Motor Co. for its electric vehicles an...

Korean VCs bet big on pet care startups

Korean VCs bet big on pet care startups

Startups in the pet industry are gaining traction on the back of a rising number of pet owners in South Korea. Industry insiders say several pe...

Korea’s Point Mobile expands supply deal with Amazon to offline units

Korea’s Point Mobile expands supply deal with Amazon to offline units

Point Mobile Co., South Korea’s top enterprise handheld devices maker, expanded a supply deal with Amazon.com Inc. to offline units of the wor...

LG Energy: Will joining indices rescue stock from its plunge?

LG Energy: Will joining indices rescue stock from its plunge?

  LG Energy Solution Ltd., the world’s No. 2 battery maker, will gain quick entry to two MSCI indices in mid-February as well as join Ko...

Samsung’s 2022: Year of war on uncertainty, shaky supply chain

Samsung’s 2022: Year of war on uncertainty, shaky supply chain

Samsung Electronics Co.'s spectacular 2021 earnings report on Thursday was overshadowed by its murky business outlook, as the world’s top make...

Korea’s GS E&C to export hydrogen plant modules to US

Korea’s GS E&C to export hydrogen plant modules to US

GS Engineering & Construction Co. will export hydrogen plant modules to the US, becoming the first South Korean builder for such overseas sales....

LG Energy takes on CATL as it prepares for Korea’s largest-ever IPO

LG Energy takes on CATL as it prepares for Korea’s largest-ever IPO

LG Energy Solution Ltd. has vowed to outrival the world’s top battery player CATL as the South Korean company is preparing for the country&rsq...

LG Chem, China’s Huayou Cobalt to build battery metal JV in Korea

LG Chem, China’s Huayou Cobalt to build battery metal JV in Korea

South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a battery material joint ve...

Korea 2021 steel output set to top 70 mn tons on supercycle

Korea 2021 steel output set to top 70 mn tons on supercycle

South Korea’s steel output last year was estimated to have topped 70 million tons as the industry enjoyed a steel supercycle for the first tim...

Samsung cuts NAND output in Xian on COVID-19 lockdown

Samsung cuts NAND output in Xian on COVID-19 lockdown

Samsung Electronics Co., the world’s largest NAND flash memory chipmaker, said on Wednesday it is adjusting operations at its manufacturing fa...

China’s tighter grip on supply chain hurts Korean battery makers

China’s tighter grip on supply chain hurts Korean battery makers

While the recent urea crisis laid bare South Korea’s heavy dependence on China for the basic raw material, concerns are growing that the count...

[Discussion] Think twice before heavy inflation hedge: NYLIM

[Discussion] Think twice before heavy inflation hedge: NYLIM

November’s inflation print, while mostly in line with market expectations, was staggeringly high. Headline inflation increased ...

Samsung supplies self-driving, infotainment chips to global carmaker

Samsung supplies self-driving, infotainment chips to global carmaker

Samsung Electronics Co. is supplying advanced memory chips to an unidentified global automaker for use in its self-driving and infotainment systems....

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation