SK Biopharm eyes Asia's No.1 spot in radioactive drug market

South Korea’s SK Biopharmaceuticals Co. is aiming to triple its enterprise value to $15 billion by 2026 with the goal of rising to the top run...

HD Hyundai Heavy Industries gets early jump on green vessel market

South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...

LS Materials embarks on IPO process to go public in 2023

Global top ultracapacitor player LS Materials Co. is expected to go public in South Korea this year, which would mark the first LS Group company IPO...

Corentec enters Japanese artificial joint market

Corentec Co., a South Korean company that develops artificial joints and spinal implants, is making a full-fledged entry into the Japanese market. T...

Aekyung Industrial's sales on Amazon jump 58% in H1 2023

South Korea's Aekyung Industrial announced on Tuesday that its sales on the US e-commerce platform Amazon in the first half of this year increased...

K-Pop music album exports hit record high in H1 2023

South Korea's K-pop music album exports achieved a new all-time record in the first half of this year, with shipments to the US rising to second p...

GI Innovation seeks to license allergy therapy to Japan in 2023

South Korea’s GI Innovation Inc. aims to complete licensing of its allergic diseases treatment candidate to a Japanese drug company by year's ...

Korea Zinc likely to supply copper foil to LG Energy for EV batteries

Korea Zinc Co., the world’s largest zinc and lead smelter, will likely start supplying copper foil, a key battery component, to LG Energy Solu...

S.Korea’s car exports hit H1 record high on brisk EV sales

South Korea’s automobile export value in the first six months of this year hit the highest-ever $35.7 billion for a half-year period, mainly d...

S.Korea-Japan flights outpace Gimpo-Jeju in H1 2023

As Japan eased its border restrictions at the end of last year, the number of passengers on routes between South Korea and Japan in the first half o...

Tottenham forward Son’s new role: Samsung Galaxy brand ambassador

Tottenham Hotspur forward Son Heung-min has a new job in his home country, South Korea: brand ambassador for Samsung Electronics Co.'s Galaxy smartp...

Nexon’s Dave the Diver rises to global top game in 2 weeks after launch

Nexon Co. is poised to change the South Korean game scene with its new adventure PC role-playing game that has grabbed gamers around the world immed...

Hyundai Motor’s UK sales highest in 5 years, driven by IONIQ 5

Just a few years back, vehicles built by Hyundai Motor Co. were dismissed as second-class cars of poor quality in Europe, with one car magazine deri...

Naver supports startups using HyperCLOVA X

Naver Cloud, the cloud computing arm of Naver Corp., announced that it conducts the project "Naver AI Rush 2023" from Friday until the end of the ...

KIC up 8.3% in net value of stocks, debts in H1 2023

Korea Investment Corporation (KIC) saw the net value of its traditional assets rise 8.25% in the first half of this year, backed by the strong perfo...

Kia vows to take 10% of Indian market after 1 million car output

In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...

LG Electronics launches sleep management solution brid.zzz

LG Electronics Inc. on Friday launched a sleep management solution called "brid.zzz" aimed at individuals grappling with stress and insomnia. The na...

Samsung Bioepis enters US market for biosimilars of Humira

South Korea's biopharmaceutical company Samsung Bioepis, which was expected to struggle on the US market for biosimilars of Humira, the world's top-...

Hyundai Motor premieres first high-performance EV IONIQ 5 N

The IONIQ 5 N – Hyundai Motor Co.'s first all-electric high-performance car under its N brand – made its world premiere on Thursday, wit...

Michael Jordan's Steakhouse to open in S.Korea

Mohegan Inspire entertainment resort, which plans to be built near Incheon International Airport, will feature a restaurant and bar named after "His...

Korea's IPO market heats up with higher price cap for new stocks

South Korea’s initial public offering market is heating up with some 30 firms set for new share subscriptions in July and August, more than su...

KCC boosts output of semiconductor-sealing material

South Korean chemical and auto parts maker KCC Corp. is expanding its production lines for the semiconductor-sealing material epoxy molding compound...

Daewoong's Nabota exceeds 600,000 customers in US

South Korea's Daewoong Pharmaceutical said on Thursday that its local loyalty program for Nabota (American name: Jeuveau) in the US, a botulinum tox...

S&P expects BOK to cut rate by 100 bps in 2024 for growth

South Korea’s central bank is expected to cut its policy interest rate by one percentage point next year with inflationary pressure easing fur...

Shrinking youth jobs cast shadow over S.Korea’s labor market

Employment in South Korea extended its growth streak in June but its gains slowed for the third straight month, with youth jobs declining for eight ...

Hanwha Systems pursues space internet service

South Korea's Hanwha Systems Co. on Tuesday announced completion of its registration the day before as a facility-based communications operator with...

Hyundai Steel to open carbon-neutral steel lab by 2023

Hyundai Steel Co., a unit under South Korean auto giant Hyundai Motor Group, is set to kick off research on hydrogen-based steelmaking as its new la...

Ad-tech unicorn Moloco’s endeavor to unlock potential continues

SILICON VALLEY – Moloco Inc., a Silicon Valley-based ad-tech solution startup valued at more than $2 billion, is dreaming big to become a vers...

Hyundai Engineering to enter EV charging maintenance, service market

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, unveiled its ambitious plans on Mon...

HK inno.N releases new drug for GERD in Indonesia

South Korean bio-health company HK inno.N Corporation's new drug for gastroesophageal reflux disease (GERD) K-CAB has been officially launched in In...