Bredis Healthcare, Tilda win June D.Day, Korea’s oldest startup pitch race

An early-stage startup by young entrepreneurs who developed a digital diagnostic tool for brain disease and an AI-powered business optimization prog...

HD KSOE secures $938 mn contract for 5 LNG-powered container ships

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., said on Thursday that i...

HD Hyundai Oilbank to build eco-friendly power plants

South Korea's HD Hyundai Oilbank is pursuing the construction of eco-friendly power plants powered by liquefied natural gas and blue hydrogen.The co...

KAI joins project to develop hydrogen-powered aircraft

South Korea's aerospace and defense company Korea Aerospace Industries Ltd. (KAI) on Wednesday said it joined a project of industry, academic and re...

Hanmi Semiconductor sets up local corporation in Vietnam

South Korean chip equipment maker Hanmi Semiconductor Co. said on Wednesday that it has set up a local subsidiary, Hanmi Vietnam, in the Bac Ninh re...

Foreign demand for chip stocks powers Kospi to 1-year high

South Korea’s main bourse Kospi on Tuesday hit its highest closing since June last year, boosted by foreigners’ net buying in semiconduc...

POSCO readies for leap to carbon-neutral steel

South Korea’s POSCO Group is preparing to produce carbon-neutral steel, using hydrogen instead of fossil fuels such as coal and natural gas, w...

S.Korean chips’ heavy reliance on China, US poses risk to national economy

South Korea’s semiconductor industry is more vulnerable to economic and industrial shifts in its key export markets than those of its rivals T...

KT Cloud to adopt liquid immersion cooling system for data centers

South Korea’s KT Cloud on Tuesday said it signed a deal with Immersion 4, a Swiss provider of liquid cooling solutions, to install next-gene...

Funds from West to emerging Asia power S.Korean stocks

Foreigners reported a record purchase of South Korean shares despite a global economic slowdown, as money moved from the US and Europe into emerging...

Hanmi Semiconductor named world’s top 10 chip equipment maker

South Korean chip equipment maker Hanmi Semiconductor Co. on Thursday said it made the world’s top 10 in the rankings of TechInsights, a globa...

Amkor to top semiconductor packaging sector with better tech

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucl...

Samsung, Naver to jointly develop generative AI to rival ChatGPT

South Korea’s two tech giants – Samsung Electronics Co. and Naver Corp. – have agreed to jointly develop a generative artificial i...

Poshmark powers Naver earnings; HyperCLOVA X the next booster

South Korea’s online giant Naver Corp. reported better-than-expected quarterly earnings thanks to strong sales of Poshmark Inc. in the US. It ...

S.Korean gov't proposes nuclear power plant cooperation to Hungary

South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...

Samsung, Hyundai, others to use hydrogen buses for commute

Samsung Electronics Co., Hyundai Motor Co., SK Hynix Inc., POSCO Holdings Inc., SK E&S, POSCO E&C and SK Siltron have agreed to replace thei...

S.Korea, US advised to cooperate in advanced nuclear power plant

Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured about 80% of the glo...

Hyosung’s sibling feud continues with second son in court on trial

It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moon on charges of embe...

Hyundai Motor unveils XCIENT fuel cell tractor in N.America

Hyundai Motor Co. showcased the mass-production model of its XCIENT Fuel Cell Tractor, a 37.2-ton 6x4 truck specifically designed for long-distance ...

NuScale in talks to build SMR plant in S.Korea: NuScale CEO

NuScale Power Corp., the world’s leading small modular reactor (SMR) developer, may land in South Korea sooner than its rivals with its unriva...

Samsung foundry backlogs top $74.6 bn for logic chip biz goal

Samsung Electronics Co., the world’s No. 2 foundry player, has secured contract semiconductor manufacturing order backlogs of more than 100 tr...

Clean energy remains top pick for Korean infrastructure investors

South Korean institutional investors are poised to ramp up investments in global infrastructure, hedging against inflationary pressure, a survey found...

Korea’s SK Gas to invest $1.5 bn toward carbon neutrality by 2026

ULSAN – SK Gas Ltd. South Korea’s leading liquefied petroleum gas (LPG) supplier, is set to spend $1.5 billion on liquefied natural gas ...

S.Korea, US to jointly invest $60 mn for student exchange programs

South Korea and the United States have agreed to jointly invest $60 million in the exchange of young professionals in the field of science and techn...

S.Korea’s SoluM joins Vietnam's largest EV charging project

SoluM Co., a South Korean mid-sized electronic component maker, said on Wednesday that it signed an agreement with PetroVietnam Power Corporation, a...

S.Korea to offer subsidies to foreigners investing in advanced technologies

Foreign companies investing in the fields of semiconductor, display and secondary batteries, which are part of South Korea's national strategic tech...

SK, KHNP partner with TerraPower for SMR development

SK Inc., SK Innovation Co. are partnering with Korea Hydro & Nuclear Power Co. (KHNP) and TerraPower,  a US small modular reactor (SMR) des...

S.Korea's BSI under 100 for 12th straight month

The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for May, marking the 12th consecutive month of such p...

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...