HD Hyundai to build quantum-secure network for shipbuilding, defense

HD Hyundai Co., the parent of the world’s largest shipbuilder, HD Hyundai Heavy Industries Co., will build a quantum cryptography communicatio...

EQT acquires controlling stake in Remember, Korea’s answer to LinkedIn

Sweden’s EQT Partners, one of Europe’s largest private equity firms, has signed a deal to acquire Remember & Company, the operator o...

JP Morgan advises sale of Korea’s professional network Remember   

JP Morgan has been appointed to lead the sale of Remember & Company, the South Korean firm behind the country’s popular business card and ...

Yulchon, FleishmanHillard sign partnership to strengthen shareholder activism advisory

Yulchon LCC, one of South Korea’s leading law firms, has signed a memorandum of understanding with FleishmanHillard Korea to strengthen their ...

Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge

Chung Yong-jin, chairman of South Korea’s retail giant Shinsegae Inc., is likely to head the Asian operations of the Rockbridge Network, a gro...

RedotPay lands in Seoul with crypto cards

RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...

SM Entertainment acquires additional 11.4% stake in DearU for $9.2 mn

SM Entertainment Co., South Korea’s music powerhouse behind internationally popular boy and girl bands like EXO and aespa, has acquired an add...

LX Pantos acquires logistics center near Atlanta for $120 mn

LX Pantos Co., a logistics arm of LX International Corp., announced on Tuesday it has acquired a logistics center near Atlanta in Dalton, Georgia fo...

SK Telecom to secure stake in IonQ, forges quantum partnership

South Korea’s largest telecom company SK Telecom Co. will acquire about a 3% stake in IonQ Inc., the world’s first publicly traded quant...

Microsoft's quantum computing bet sparks controversy, again

In 2021, Microsoft Corp. faced significant scientific embarrassment when a landmark research paper it had sponsored was retracted.Published in the U...

Korea’s beauty retailer CJ Olive Young to open first US offline outlet

CJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it has set up a US business entity in Los Angeles to enhance its p...

Blackstone, Carlyle, MBK vying for CJ CheilJedang’s bio business

Blackstone, Carlyle Group and MBK Partners have joined the race to purchase the bio business of CJ CheilJedang Corp., the world’s largest prod...

Woori Bank to arrange $3.7 bn for Qatar desalination, power plant

South Korea's Woori Bank said on Tuesday it will arrange the Qatar Ras Abu Fontas desalination and power plant project, estimated to cost $3.7 billi...

Hanjin to open Mexico subsidiary

South Korea's Hanjin Transportation said on Friday it will establish a subsidiary in Mexico this year to expand its logistics market in Latin Americ...

Celltrion acquires Swiss pharmaceutical distributor iQone

South Korea's Celltrion Inc. said on Friday that it completed its acquisition of iQone Healthcare Switzerland, a Swiss pharmaceutical distributor, t...

SFH, where foreign firms build networks in Korea

It can be daunting to do business in a new city in a distant country. But foreign companies seeking to open businesses in South Korea’s capita...

SpaceX's Falcon 9 launches S.Korean satellite into orbit

A Falcon 9 rocket developed by Tesla Inc. founder Elon Musk’s SpaceX has successfully launched the Koreasat-6A, a communication satellite that...

LG Uplus tests energy efficiency tech for 6G network

South Korea’s LG Uplus Corp. said on Tuesday it tested the All-Photonic Transport Network, a key technology designed to reduce power consumpti...

Big Mobility, Hummingbirds win Chung Ju-yung Startup Competition

The Asan Nanum Foundation selected Big Mobility and Hummingbirds as the top winners of the 13th Chung Ju-yung Startup Competition demo day on Novemb...

Perigee, Quantum Aero to cooperate on military UAV

South Korea's small space launch vehicle startup Perigee Aerospace Inc. said on Friday it signed a memorandum of understanding (MOU) with Quantum Ae...

Korea’s SK Networks partners with Malaysia’s Sunway on AI

South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...

SK Telecom upgrades 5G base stations with Samsung

South Korea's SK Telecom Co. said on Monday that it partnered with Samsung Electronics Co. to apply artificial intelligence (AI)-based quality opt...

Samsung Display gets quantum dot ink recycling tech

South Korea's Samsung Display said on Monday it developed technology to recycle quantum dot (QD) ink, aiming to improve cost competitiveness in its ...

Naver D2SF accelerates investments in Silicon Valley startups

South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) said on Friday it started to discover and invest i...

Superb AI, Cisco to strengthen AI network cooperation

South Korean artificial intelligence (AI) startup Superb AI said on Tuesday it was awarded Select Developer from the global network giant Cisco Syst...

SK Broadband to launch nationwide dedicated line service in S.Korea

South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...

Lotte Shopping to set up Singapore holding firm, eyes its IPO

Lotte Shopping Co., South Korea’s leading retail company, will transform its special purpose company (SPC) in Singapore into a holding firm to...

Naver Pay partners with GLN International

South Korea's Naver Pay announced on Wednesday that it partnered with Hana Bank’s global payment network subsidiary, GLN International, to lau...

Samsung, NTT Docomo to cooperate on AI technology

Samsung Electronics Co. said on Tuesday that it signed a memorandum of understanding (MOU) with NTT Docomo, Japan's largest mobile telecommunicati...

KT succeeds 5G NTN satellite communication

South Korea's KT Corp. and its satellite subsidiary KT SAT said on Monday their integration of KOREASAT 6 with a terrestrial 5G network, utilizing...