Lotte Global Logistics establishes resource recycling platform in Korea

Lotte Global Logistics establishes resource recycling platform in Korea

South Korea's Lotte Global Logistics has established a resource recycling platform across ten logistics centers. The company has introduced the solu...

Lunit's Insight DBT gets certification from EU for medical device

Lunit's Insight DBT gets certification from EU for medical device

South Korean medical AI company Lunit said on Monday that its 3D breast tomosynthesis artificial intelligence (AI) image analysis solution, "Lunit I...

Toray Advanced Materials acquires S.Korea's water treatment company

Toray Advanced Materials acquires S.Korea's water treatment company

Toray Advanced Materials Korea Inc. announced on Monday the acquisition of Hanmee Entec Co., Ltd., the industry's longest-running water treatment fa...

Samsung Biologics to invest $1.5 bn for 5th CDMO factory

Samsung Biologics to invest $1.5 bn for 5th CDMO factory

Samsung Biologics Co. is slated to inject 2 trillion won ($1.5 billion) to build its fifth plant in South Korea. It will be a fast follow-up investm...

SK Telecom introduces voice authentication tech to AI contact center

SK Telecom introduces voice authentication tech to AI contact center

SK Telecom Co. announced on Thursday its partnership with American voice technology company, Pindrop, to introduce an artificial intelligence voice ...

Naver D2SF invests in 3D avatar-based communication startup

Naver D2SF invests in 3D avatar-based communication startup

Naver's startup-nurturing organization, D2 Startup Factory (D2SF), announced on Wednesday its investment in Goodgang Labs, a company focused on de...

Doosan Enerbility wins combined cycle power plant order in Kazakhstan

Doosan Enerbility wins combined cycle power plant order in Kazakhstan

Doosan Enerbility Co., a South Korean power plant builder, announced on Wednesday that it has signed a contract with Turkestan LLP, a subsidiary of ...

SGC Energy pursues transformation of biomass power plants in Vietnam

SGC Energy pursues transformation of biomass power plants in Vietnam

South Korea's SGC Energy Co. is pursuing a project to convert coal power plants abroad into those using biomass.The power supplier, which has secure...

LS Electric unveils innovative solutions at Korea, Japan energy exhibitions

LS Electric unveils innovative solutions at Korea, Japan energy exhibitions

LS Electric Co., Ltd., an industrial electric solutions company from South Korea, is set to showcase innovative solutions at smart energy exhibition...

Hanwha Energy sells Spanish solar plant project to Irish firm

Hanwha Energy sells Spanish solar plant project to Irish firm

South Korean energy company Hanwha Energy Corp. said on Wednesday that it had sold a solar power plant project in Spain to Amarenco Solar, an Irish ...

SK C&C to build advanced info systems for Nongshim's overseas corporations

SK C&C to build advanced info systems for Nongshim's overseas corporations

South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications ...

Boeing’s Korean supplier targets UAV market with guided weapons

Boeing’s Korean supplier targets UAV market with guided weapons

Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...

Noroo Paint, GS E&C jointly develop anti-carbonation paint for concrete

Noroo Paint, GS E&C jointly develop anti-carbonation paint for concrete

Noroo Paint, in collaboration with GS Engineering & Construction Co., announced on Tuesday the development of "Qfit Protect," a high-performance...

CJ Group adopts AI-based copywriter for producing marketing content

CJ Group adopts AI-based copywriter for producing marketing content

South Korea's CJ Group on Tuesday said it will develop and run a personalized artificial intelligence (AI) copywriter that automatically produces ma...

Hyundai to boost India presence via takeover of GM plant

Hyundai to boost India presence via takeover of GM plant

Hyundai Motor Co., the leading South Korean carmaker, is set to expand its presence in India with a takeover of General Motors Co.’s plant in ...

Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity

Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity

South Korea’s top tire maker Hankook Tire & Technology Co. shut down a local production complex on Sunday due to a fire, stoking concerns ...

Ssangyong E&C wins contract for building ASML Korea campus

Ssangyong E&C wins contract for building ASML Korea campus

Ssangyong Engineering & Construction, a South Korean builder, said on Monday that it has secured a 200-billion-won ($170-million) contract to co...

Pulmuone looks to enter US plant-based convenience food market

Pulmuone looks to enter US plant-based convenience food market

Pulmuone, a leading South Korean producer of plant-based foods such as tofu and bean sprouts, is trying to expand the K-food territory in the global...

SK Geo Centric optimizes plastic recycling tech with US company

SK Geo Centric optimizes plastic recycling tech with US company

SK Geo Centric Co., a South Korean energy and chemical company, is accelerating technical negotiations to build the world's first plastic recycling ...

Samsung, Arm partner Gaonchips eyes US as next offshore base

Samsung, Arm partner Gaonchips eyes US as next offshore base

Gaonchips Co., a long-term Samsung Electronics Co’s chip design house partner that also works with British fabless chip company Arm Inc., will...

SK Networks invests $22 mn in US AI-based device company

SK Networks invests $22 mn in US AI-based device company

South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, ...

S.Korea pledges steps to attract more foreign investment

S.Korea pledges steps to attract more foreign investment

South Korea will boost foreign investment in the country through increased incentives and deregulation, Finance Minister and Deputy Prime Minister C...

LG Energy Solution to collaborate on Jeju offshore wind power pilot project

LG Energy Solution to collaborate on Jeju offshore wind power pilot project

LG Energy Solution Ltd. said on Wednesday that its subsidiary AVEL had signed an agreement with Korea South-East Power Co. (KOEN) and Tamra Offshore...

Hyundai Eng. completes Lemba-Imbu water purification plant in DR Congo

Hyundai Eng. completes Lemba-Imbu water purification plant in DR Congo

Hyundai Engineering, a South Korean construction contractor, held a completion ceremony for the "Lemba-Imbu water purification plant phase 1 project...

Lunit receives $1 mn in tech fees from Guardant Health of US

Lunit receives $1 mn in tech fees from Guardant Health of US

The US operations of South Korea's artificial intelligence (AI) medical company Lunit have received a major boost after the company got the green li...

Korea's AI startup Quantit attracts $23 mn Series A investment

Korea's AI startup Quantit attracts $23 mn  Series A investment

South Korea's artificial intelligence (AI) company Vaiv Company Inc. announced on Tuesday that Quantit, its fintech subsidiary, has received a 30 bi...

SK Plasma to build blood products plant in Indonesia

SK Plasma to build blood products plant in Indonesia

South Korea’s SK Plasma will build a blood products plant in Indonesia.Industry sources on Tuesday said the company recently received approval...

Korea's Indent Corp. raises $8 mn for AI-based video review marketing

Korea's Indent Corp. raises $8 mn for AI-based video review marketing

Indent Corporation, a South Korean startup that operates an AI-based video review marketing solution called VReview, announced on Tuesday that it ha...

LG Elec-SM Ent JV to unveil beta home fitness app in March

LG Elec-SM Ent JV to unveil beta home fitness app in March

Fitness Candy, a joint creation by LG Electronics Inc. and SM Entertainment Co. to rival Apple Fitness Plus, is expected to unveil its beta service ...

S.Korea's Taekwang Industrial acquires ISO 45001 certification

S.Korea's Taekwang Industrial acquires ISO 45001 certification

Taekwang Industrial Co., a textile and petrochemical subsidiary of Taekwang Group, announced on Sunday that it has achieved ISO 45001 certification ...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race