Celltrion applies for approval in Europe for eye treatment biosimilar

Celltrion applies for approval in Europe for eye treatment biosimilar

South Korean biopharmaceutical company Celltrion Inc. announced on Friday that it applied for approval from the European Medicines Agency (EMA) for ...

Lotte Fine to invest $99 mn to up green materials sales by 6 times  

Lotte Fine to invest $99 mn to up green materials sales by 6 times  

Lotte Fine Chemical Co., South Korea’s largest ammonia producer, will spend a total of 129 billion won ($99 million) in an aim to become the w...

Hyundai Motor signs Korea’s largest PPA deal to go carbon neutral

Hyundai Motor signs Korea’s largest PPA deal to go carbon neutral

South Korea’s top automaker Hyundai Motor Co. said on Thursday it has signed a power purchase agreement (PPA) with Hyundai Engineering & C...

SK C&C to promote AI healthcare for brain diseases

SK C&C to promote AI healthcare for brain diseases

South Korea's SK C&C announced on Thursday that it signed a strategic business agreement with Neurophet, a cloud-based AI platform for brain ima...

Hyundai to build EV battery pack plant in India by 2025

Hyundai to build EV battery pack plant in India by 2025

South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...

S.Korea-UK upgrade bilateral ties, sign deals on nuclear plants, chips

S.Korea-UK upgrade bilateral ties, sign deals on nuclear plants, chips

LONDON – South Korea and the UK have agreed to upgrade their bilateral relationship and closely cooperate in the defense, security and busines...

Cytogen, Japan NCCH collaborate on cancer research

Cytogen, Japan NCCH collaborate on cancer research

South Korea's Cytogen, Inc. announced on Monday it will start cancer research using circulating tumor cells (CTC) with the National Cancer Center Ho...

Korean Air, LX Pantos sign SAF business agreement

Korean Air, LX Pantos sign SAF business agreement

Korean Air Lines Co. signed on Monday a memorandum of understanding (MOU) for sustainable aviation fuel (SAF) business with LX Pantos Co. This MOU i...

S.Korea sees new record of instant noodle exports

S.Korea sees new record of instant noodle exports

South Korea's exports of ramen exceeded 1 trillion won ($780 million) for the first time. Korean ramen is celebrating its 60th anniversary this year...

KG Mobility seeks to expand into Vietnam

KG Mobility seeks to expand into Vietnam

South Korean automaker KG Mobility Corp. said on Friday it had sought to expand strategic cooperation, including entering the Vietnamese market, aft...

Thematic ETFs in Korea betting on India’s growth boom

Thematic ETFs in Korea betting on India’s growth boom

South Korean asset managers stand hand in hand with their global peers in betting on India’s bright growth outlook by rolling out India-themed...

Hyundai Wia to defend against illegal drones

Hyundai Wia to defend against illegal drones

South Korea's second-largest automotive parts supplier Hyundai Wia Corp. plans to develop an anti-drone system (ADS) technology tailored to the uniq...

Hanwha’s REC Silicon plant restarts as US-China tension eases

Hanwha’s REC Silicon plant restarts as US-China tension eases

REC Silicon ASA, a US-based polysilicon maker, in which Hanwha Solutions Corp. and its affiliate have a 33% stake, has restarted operations after a ...

Hanyang, Air Products to co-work for green ammonia

Hanyang, Air Products to co-work for green ammonia

South Korea's Hanyang Corporation announced on Thursday it signed a memorandum of understanding (MOU) with the US industrial gas company Air Product...

LG Elec’s vehicle systems plants running above full capacity

LG Elec’s vehicle systems plants running above full capacity

LG Electronics Inc.'s automotive electronics production plants have surpassed 100% of their operating rate this year as of the end of September.Acco...

Pulmuone expands US fresh noodles plant

Pulmuone expands US fresh noodles plant

South Korea's food company Pulmuone announced on Wednesday it expanded its production line of fresh noodles plant in Gilroy, California, the US.&nbs...

SK Ecoplant develops core battery recycling technologies

SK Ecoplant develops core battery recycling technologies

South Korea’s SK Ecoplant Co. has developed four core battery-recycling technologies, including recovering nickel and cobalt from spent lithiu...

Hyundai breaks ground on $1.5 bn EV plant in S.Korea

Hyundai breaks ground on $1.5 bn EV plant in S.Korea

ULSAN -- Hyundai Motor Co., the world’s third-largest automaker along with its affiliate Kia Corp., on Monday broke ground for a dedicated ele...

P&O Chemicals completes pitch plant for cathode materials

P&O Chemicals completes pitch plant for cathode materials

South Korea's P&O Chemical, a joint venture of POSCO Future M Co. and OCI Holdings Co. completed the pitch plant in Tancheon Industrial Complex,...

Saudi Aramco’s $7 bn Korea project mired by labor shortage

Saudi Aramco’s $7 bn Korea project mired by labor shortage

Saudi Aramco’s $7 billion petrochemical project in South Korea, in what would be its largest-ever investment in the country, has hit a stumbli...

Polestar 4 EV to be built at Renault’s Korean plant from 2025

Polestar 4 EV to be built at Renault’s Korean plant from 2025

Swedish electric vehicle maker Polestar will build its upcoming Polestar 4 SUV coupe at Renault Group’s manufacturing plant in South Korea fro...

Spicy food craze sweeps South Korea

Spicy food craze sweeps South Korea

South Korea, famous for the spicy kick in its cuisine, is going the extra mile to turn the nation red hot with extremely spicy food, believed by Kor...

Samsung joins Swedish smartcity net zero home project

Samsung joins Swedish smartcity net zero home project

Samsung Electronics Co. announced on Friday it will provide its Net Zero Home solutions for the upcoming Brobyholm Smartcity near Stockholm, Swede...

Hankook Tire develops AI-based EV customer analysis system

Hankook Tire develops AI-based EV customer analysis system

South Korea's Hankook Tire & Technology announced on Thursday that it has developed a voice of the customer (VOC) analysis system for electric v...

Samsung to feature AI-based real time translation in Galaxy

Samsung to feature AI-based real time translation in Galaxy

Samsung Electronics Co. announced on Thursday it plans to feature AI-based translation in its upcoming Galaxy AI smartphone. AI Live Translate Call ...

SPC Samlip partners with H Mart to enter US market

SPC Samlip partners with H Mart to enter US market

SPC Samlip Corp, a unit of South Korea’s food and bakery giant SPC Group, announced on Thursday it signed a business agreement with H Mart, th...

Hyundai's Supernal plans to build flying taxi plant in US

Hyundai's Supernal plans to build flying taxi plant in US

Hyundai Motor Group plans to build a flying electric taxi plant in the US as the South Korean automotive group aims to bring flying cars to the mark...

Lotteria to introduce kitchen robot Alpha Grill

Lotteria to introduce kitchen robot Alpha Grill

South Korea's Lotte GRS, the operator of fast food franchise Lotteria, plans to introduce a kitchen automation robot Alpha Grill in stores. Alp...

Hyundai Mobis raises $940 mn via loan for EV parts plants in US

Hyundai Mobis raises $940 mn via loan for EV parts plants in US

Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, has raised $940 million via an overseas loan to build facilities for its electri...

Doosan Bobcat to build new factory in Mexico

Doosan Bobcat to build new factory in Mexico

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday it plans...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale