SK Chairman Chey vows to turn Ulsan into green energy, AI hub

Chey Tae-won, chairman of South Korea’s second-largest conglomerate SK Group, has vowed to turn the industrial city of Ulsan, where SK’s...

Lotte Healthcare to launch AI-based health management platform

South Korea's Lotte Healthcare has entered the digital healthcare market through the launch next week of its personalized healthcare management pl...

POSCO Int'l to supply EV motor cores to Hyundai Motor Group

South Korea's POSCO International Corp. on Thursday said it signed a deal to supply 3.5 million traction motor cores for electric vehicles (EV) to H...

LG Chem, Eni eye JV to build biofuel plant in Korea

South Korea’s LG Chem Ltd. and Italy's energy giant Eni Sustainable Mobility (SM) have tentatively agreed to build a hydrotreated vegetable oi...

Hyundai Motor set to exit Russia with St. Petersburg plant sale to AGR

South Korea’s top automaker Hyundai Motor Co. is reportedly exiting Russia by selling its car manufacturing plant in St. Petersburg to AGR Aut...

Stamps of K-Street food to be issued on Sept. 21

South Korea's state-run postal service agency Korea Post announced on Wednesday that it will issue 1.28 million commemorative stamps featuring two o...

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...

GenAI startup Wrtn’s cumulative subscribers exceed 1 million

South Korean generative AI startup Wrtn Technologies announced on Tuesday that it has surpassed one million cumulative subscribers to its service.Wr...

Pulmuone launches unmanned instant cooking vending machine

South Korean food company Pulmuone announced on Tuesday that it developed an advanced robotic vending machine capable of preparing hot meals on dema...

SK Telecom's solution slashes cloud operating costs up to 40%

South Korea's SK Telecom Co. on Monday said it launched an optimization solution based on Amazon Web Services (AWS) that slashes cloud operating cos...

KT, SingPost to team up for AI-based digital logistics

South Korea's KT Corp. announced on Monday that it has signed a memorandum of understanding (MOU) with Singapore Post (SingPost), a state-run postal...

S.Korea, Indonesia to bolster high-tech partnership

JAKARTA, Indonesia -- South Korea and Indonesia have affirmed their commitment to expanding the scope of business cooperation from high tech to food...

Doosan seeks to fuel Indonesia power plants with green ammonia

Doosan Enerbility Co., a South Korea construction equipment manufacturer, said on Friday it has signed a memorandum of understanding (MOU) with Indo...

Kakao Mobility to build mobility-customized GenAI platform

South Korea's Kakao Mobility has announced a vision to build an evolved platform with generative artificial intelligence (GenAI) specialized for mob...

Daewoong gets patent of Nabota as migraine drug in US

South Korea's Daewoong Pharmaceutical Co. announced on Thursday that it has received a patent from the US Patent and Trademark Office for the use of...

S.Korean food company hy boosts cosmetics unit

South Korea’s hy, formerly Korea Yakult, has launched cosmetics made with fermented products using its self-developed lactic acid bacteria, ex...

Korea's National Geographic Apparel steps up push into China

South Korean fashion company The Nature Holdings Co. is set to expand the presence of its outdoor clothing brand National Geographic Apparel in Chin...

Solus aims to mass-produce copper foil in Canada from 2026

Solus Advanced Materials Co., a South Korean copper foil supplier to Tesla Inc., on Tuesday broke ground on its third overseas plant in Quebec, Cana...

Seoul to open hidden space below City Hall subway station

Seoul is set to unveil a secret path below the City Hall subway station to the public for the first time in 40 years as the South Korean capital aim...

10 mn-subscriber YouTuber Mark Wiens to showcase K-food

Renowned food influencer Mark Wiens is set to showcase the allure of gastronomic journeys in South Korea. According to the Korea Tourism Organizatio...

Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high

Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...

Celltrion to expand new plant for drug products

South Korean biopharmaceutical firm Celltrion Inc. announced on Tuesday that it plans to enlarge its finished pharmaceuticals manufacturing facility...

CJ Foodville to invest $37 mn to build bakery plant in US

Tous les Jours, the bakery brand under South Korea's CJ Foodville, unveiled plans on Tuesday to invest over 50 billion won ($37 million) in its firs...

Samsung commits $3.7 mn to chipmaking education at UT Austin

Samsung Electronics Co. has committed $3.7 million to University of Texas at Austin’s Cockrell School of Engineering to educate talent and boo...

LG Magna to build plant in Hungary for European EV market

MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., ha...

POSCO mulls opening integrated steel plant in India

CHENNAI, INDIA – POSCO, the South Korean steel giant under POSCO Holdings Inc., is considering opening an integrated steel mill in India ...

Hyundai, LG to spend combined $7.6 bn to build EV, battery plants in US

Hyundai Motor Group and LG Energy Solution Ltd. will spend a combined $7.59 billion to build electric vehicle and battery cell plants in Georgia, th...

Hugel resubmits application to FDA for botulinum toxin product

South Korea's biopharmaceutical company Hugel Inc., announced on Friday that it has resubmitted applications to the US Food and Drug Administration ...

Samsung Welstory unveils robots for company cafeterias

South Korean food and beverage company Samsung Welstory Inc. is forming a robotic process automation (RPA) ecosystem in the food service sector. In ...

Hanwha Q Cells brings forward US solar module production

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, brought forward operations of a US pla...