Doosan unveils advanced CCL lineup at US IT equipment exhibition

Doosan unveils advanced CCL lineup at US IT equipment exhibition

South Korea's Doosan Corp. announced on Tuesday that it will showcase its high-end copper-clad layer (CCL) lineup, applicable to memory, system semi...

Aekyung AGE20's to launch cushion foundation in Japan

Aekyung AGE20's to launch cushion foundation in Japan

AGE20's, South Korean cosmetic company Aekyung Industrial Co. 's flagship cosmetic brand, announced that it held a new cushion foundation for a Japa...

S-Oil gets int’l certification for SAF

S-Oil gets int’l certification for SAF

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., announced on Thursday that it has achieved the International Sustainability and Carbon ...

Hyundai Engineering, Trimble Solution to develop BIM

Hyundai Engineering, Trimble Solution to develop BIM

South Korea's Hyundai Engineering Co. announced on Wednesday that it partnered with Trimble Solution Korea to co-develop a building information mode...

Hyosung TNC to invest $1 bn in new bio-fiber plants in Vietnam

Hyosung TNC to invest $1 bn in new bio-fiber plants in Vietnam

Hyosung TNC Corp., the world’s top spandex maker, plans to invest $1 billion in new bio-textile materials plants in Vietnam to accelerate its ...

Korea’s Shinsegae replaces building unit chief amid property downturn

Korea’s Shinsegae replaces building unit chief amid property downturn

South Korea’s retail giant Shinsegae Group on Tuesday replaced the head of its construction unit amid the sluggish property market, adding to ...

Samsung releases 43-inch Moving Stand

Samsung releases 43-inch Moving Stand

Samsung Electronics Co. announced on Tuesday that it launched the Moving Stand for 43-inch monitors, expanding its lineup following the release of 2...

LG Energy, GM’s 2nd Ultium Cells plant begins production in Tennessee

LG Energy, GM’s 2nd Ultium Cells plant begins production in Tennessee

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Tuesday that the second plant of Ultium Cells LLC, a joint venture ...

Samsung establishes HBM team to up AI chip production yields

Samsung establishes HBM team to up AI chip production yields

Samsung Electronics Co., the world’s No. 1 memory chipmaker, recently set up a high bandwidth memory (HBM) team within the memory chip divisio...

Lotte Chemical applies recycled plastic to packaging

Lotte Chemical applies recycled plastic to packaging

South Korea's Lotte Chemical announced on Thursday that it has applied recycled materials to all 25 kg packaging bags for polyethylene (PE) and poly...

LG Electronics named Energy Star Partner of 2024

LG Electronics named Energy Star Partner of 2024

LG Electronics Inc. has been named 2024 Energy Star Partner of the Year and Sustained Excellence by the US Environmental Protection Agency (EPA) a...

Medytox to supply $73 mn botulinum toxin to Brazilian firm

Medytox to supply $73 mn botulinum toxin to Brazilian firm

South Korea's biopharmaceutical firm Medytox Inc. announced on Tuesday that it signed a contract with Brazilian pharmaceutical company Blau Farmaceu...

OCI to supply $700 mn polysilicon to Trina Solar

OCI to supply $700 mn polysilicon to Trina Solar

South Korea's OCI Holdings Co. announced on Monday that its Malaysian subsidiary OCIM Sdn Bhd signed a long term supply agreement for solar-grade po...

Weak property market cuts into Korean securities firms’ profits

Weak property market cuts into Korean securities firms’ profits

dd South Korea’s securities firms suffered a 20% fall in overall net profit last year hurt by the weak property market, adding to bearish vie...

Nongshim to build instant noodle plant in Korea for exports

Nongshim to build instant noodle plant in Korea for exports

Nongshim Co., South Korea’s top instant noodle maker, is set to build a new factory in the country for exports of ramen, or ramyun, for the fi...

CJ Olive Young beats Amorepacific to become K-beauty king

CJ Olive Young beats Amorepacific to become K-beauty king

CJ Olive Young Corp., South Korea’s top beauty store chain, took the throne in the domestic cosmetics market last year, beating industry giant...

Samsung Electronics collects $4.3 bn in dividends from display unit

Samsung Electronics collects $4.3 bn in dividends from display unit

Samsung Electronics Co., the world’s largest memory chipmaker, is slated to receive about 5.64 trillion won ($4.3 billion) worth of dividends ...

SK Hynix earmarks $91 bn to construct world's largest chip fab

SK Hynix earmarks $91 bn to construct world's largest chip fab

SK Hynix Inc., the global No. 2 memory chipmaker, is slated to invest more than 120 trillion won ($90.7 billion) by 2046 to build the world’s ...

S.Korea’s Liner, the world’s No. 4 generative AI web product

S.Korea’s Liner, the world’s No. 4 generative AI web product

South Korea’s home-grown artificial intelligence service Liner was ranked the world’s fourth-most popular generative AI web product as t...

SK Hynix mass-produces HBM3E chip to supply Nvidia

SK Hynix mass-produces HBM3E chip to supply Nvidia

SK Hynix Inc., the world’s No. 2 memory chipmaker, began mass-producing HBM3E, the best-performing DRAM chip for AI applications, for the firs...

Labor reform urged in Korea with higher wages than Japan

Labor reform urged in Korea with higher wages than Japan

Wages at South Korean companies, both large and small, have surpassed those of their Japanese counterparts.According to a report on wage comparisons...

S.Korea’s Kumho Tire to invest $751 mn to build plant in Europe

S.Korea’s Kumho Tire to invest $751 mn to build plant in Europe

Kumho Tire Co., South Korea’s No. 2 tire maker, plans to invest more than 1 trillion won ($750.8 million) by 2027 to build its first plant in ...

Shinhan Bank, Indodana co-work on digital finance

Shinhan Bank, Indodana co-work on digital finance

Shinhan Bank announced on Friday that its Indonesian subsidiary Shinhan Bank Indonesia signed a strategic business agreement with PT Artha Dana Tekn...

Korea faces apple crisis amid climate, demographic change

Korea faces apple crisis amid climate, demographic change

Apples, normally among the most common and available fruit, are poised to be a rarity in South Korea, where people are suffering a so-called “...

Samsung's chip stockpile declines in Q4 2023

Samsung's chip stockpile declines in Q4 2023

Samsung Electronics Co. has reported a decrease in its semiconductor inventory for the first time in 10 quarters, signaling a rebound in the memory ...

Yanolja, Interpark Triple, Modetour to team up for package travel

Yanolja, Interpark Triple, Modetour to team up for package travel

South Korea’s top travel and accommodation platform Yanolja Co., its subsidiary Interpark Triple, and Modetour Network Inc. announced on Tuesd...

S.Korean steelmakers mull building electric furnaces in US

S.Korean steelmakers mull building electric furnaces in US

Steelmakers are considering building steel mills with electric furnaces in the United States to survive the triple whammy of high tariff barriers, l...

AliExpress sells top K-food maker’s products in S.Korea

AliExpress sells top K-food maker’s products in S.Korea

AliExpress, an e-commerce arm of China’s Alibaba Group, on Thursday started selling products of CJ CheilJedang Corp., South Korea’s top ...

Hyundai Steel to resume steel production in Russia

Hyundai Steel to resume steel production in Russia

South Korea’s Hyundai Steel Co. is expected to resume steel production in Russia two years after it took its plant offline in the country amid...

HD KSOE reaches 50% of order target in two months

HD KSOE reaches 50% of order target in two months

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Monday that it signed shipbuilding contr...

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