Lotte Biologics to invest additional $48 mn in US plant

Lotte Biologics to invest additional $48 mn in US plant

South Korea’s Lotte Biologics Co. held a plaque ceremony on Monday to commemorate the acquisition of a pharmaceutical production plant from Br...

Krafton, Naver Z to establish metaverse joint company

Krafton, Naver Z to establish metaverse joint company

Krafton Inc., a leading game developer in South Korea, is establishing a joint company for a metaverse platform business with Naver Z Corp., a metav...

Doosan Robotics launches collaborative robot dedicated to F&B

Doosan Robotics launches collaborative robot dedicated to F&B

Doosan Robotics, a robot solution subsidiary of South Korea's Doosan Group, announced on Monday the release of its E series collaborative robot, des...

IGIS, KKR delay plan to set up Seoul-based real estate JV

IGIS, KKR delay plan to set up Seoul-based real estate JV

IGIS Asset Management Co., the largest real estate investment firm in South Korea, and US private equity giant KKR & Co. have indefinitely postp...

SPC supports vulnerable communities in New York

SPC supports vulnerable communities in New York

South Korea's major food company SPC Group has taken steps to improve its brand image in the United States by offering baking training and food dona...

LG Chem, China’s Huayou Cobalt to build $923 million precursor plant

LG Chem, China’s Huayou Cobalt to build $923 million precursor plant

South Korea’s top chemicals company LG Chem Ltd. and its Chinese partner Zhejiang Huayou Cobalt Co. will launch a 1.2 trillion won ($923 milli...

S.Korea plans to make digital platform gov't based on large-scale AI

S.Korea plans to make digital platform gov't based on large-scale AI

South Korean government is pursuing various measures to nurture talent as a way to secure national competitiveness in the AI industry as represented...

Naver launches image-generating platform Lasco AI

Naver launches image-generating platform Lasco AI

Naver Corp., South Korea’s dominant online platform, has ventured into the image-generative artificial intelligence market, challenging its ar...

LG to unveil healthcare product; open to startup M&As

 LG to unveil healthcare product; open to startup M&As

South Korea’s LG Electronics Inc. is set to unveil its first digital healthcare product in the second half of this year, three years after it ...

Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant

Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant

South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...

KT launches AI-based email security solution to combat APT attacks

KT launches AI-based email security solution to combat APT attacks

KT Corp. said on Tuesday that it has unveiled an email security solution based on artificial intelligence (AI) advanced persistent threat (APT) anal...

Korean game sector looks to cute girls to lure new users

Korean game sector looks to cute girls to lure new users

South Korea’s game makers rushed to launch games with cute girl characters to allure fans of Japanese animation as cartoons for the subculture...

LG CNS, Microsoft to jointly develop new ChatGPT-based services

LG CNS, Microsoft to jointly develop new ChatGPT-based services

South Korea’s largest cloud computing service provider LG CNS Co. announced on Tuesday that it will strengthen its strategic partnership with ...

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...

Hanwha inks largest supply deal for US community solar biz

Hanwha inks largest supply deal for US community solar biz

South Korea’s Hanwha Solutions Corp. is set to sell 2.5 million modules to US community solar programs through the largest-ever supply deal fo...

S. Korean food company Ottogi opens new research center

S. Korean food company Ottogi opens new research center

South Korean food company Ottogi Co. has announced on Friday the opening of the food safety science research institute at its Ottogi Research Center...

Singapore-based Qoo10 acquires South Korean e-tailer WeMakePrice

Singapore-based Qoo10 acquires South Korean e-tailer WeMakePrice

The Singapore-based e-commerce platform Qoo10 has acquired South Korea's online shopping site WeMakePrice, making Qoo10 fourth in domestic online co...

Hanwha Solutions signs MOU with 7 companies for bio PVC biz

Hanwha Solutions signs MOU with 7 companies for bio PVC biz

Hanwha Solutions Corp., a South Korean petrochemical company, is partnering with domestic polyvinyl chloride (PVC) companies to promote the commerci...

CJ Olive Young introduces Beauty Box filled with K-beauty products

CJ Olive Young introduces Beauty Box filled with K-beauty products

South Korea's health and beauty store chain operator CJ Olive Young Co. announced on Thursday that it will introduce its K-beauty curation service c...

HLB Cell develops organoid biomaterial based on human normal cells

HLB Cell develops organoid biomaterial based on human normal cells

HLB Cell, a subsidiary of HLB Life Science Co., which specializes in the development of cell therapy products, announced on April 4 that it succeede...

FarmHannong's new herbicide enters the Pakistani market

FarmHannong's new herbicide enters the Pakistani market

South Korea's agricultural chemical company FarmHannong Co. announced on Thursday that its new herbicide Terrad'or will enter the Pakistani market. ...

S. Korea's Orion sees brisk sales growth in Vietnam, Russia

S. Korea's Orion sees brisk sales growth in Vietnam, Russia

South Korea's confectionary giant Orion Corp. has seen brisk sales growth this year, pushing out rival CJ CheilJedang Corp. to solidify its dominanc...

SeAH rolls out S.Korea's first 24-inch STS steel pipe production line

SeAH rolls out S.Korea's first 24-inch STS steel pipe production line

South Korea's SeAH Steel Corp. through an expansion has the nation's largest plant for stainless steel (STS) welded steel pipe measuring 60.9 cm (24...

NongHyup opens office in Vietnam to strengthen K-food exports

NongHyup opens office in Vietnam to strengthen K-food exports

South Korea's NongHyup, or the National Agricultural Cooperative Federation, announced on Wednesday that it has opened an office in Vietnam with pla...

Samsung Elec to invest $3.1 bn in S.Korean OLED plant

Samsung Elec to invest $3.1 bn in S.Korean OLED plant

Samsung Electronics Co., the world’s largest smartphone maker, is set to spend 4.1 trillion won ($3.1 billion) on a new organic light-emitting...

Rule prevents release of sequel to hit game Modoo Marble in S.Korea

Rule prevents release of sequel to hit game Modoo Marble in S.Korea

The sequel to the popular real estate board game Modoo Marble is unavailable in South Korea because of the country's ban on play-to-earn (P2E) games...

Kurly seeks fresh funding at half its peak valuation

Kurly seeks fresh funding at half its peak valuation

Kurly Inc., South Korea’s leading food delivery platform, has embarked on a new funding round to raise 100 billion won ($76 million) at about ...

KT launches cloud-based engineering platform

KT launches cloud-based engineering platform

KT Corp., South Korea's largest telecommunications company, announced the launch of its cloud-based high-performance engineering platform service on...

Lotte Biologics, Excellgene to collaborate on CDO biz

Lotte Biologics, Excellgene to collaborate on CDO biz

Lotte Biologics, South Korea's biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Sunday that it has...

Top Korean food delivery app posts record profits

Top Korean food delivery app posts record profits

Woowa Brothers Corp., the operator of South Korea’s top food delivery app, posted a record profit in 2022, which also marked its first profit ...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares   Seoul vows zero-tolerance measures against unfair stock trading