Korean LCCs resume flights to Taipei after nearly 3 years

Korean LCCs resume flights to Taipei after nearly 3 years

As domestic budget carriers begin opening or resuming flights to Taipei, the skyways between Korea and Taiwan have widened further.Jeju Air announce...

SK Telecom wins global awards for innovative virtualization technology

SK Telecom wins global awards for innovative virtualization technology

SK Telecom, a leading South Korean 5G services provider, announced on Sunday that it won two global awards: Global Telecom Awards 2022 and Leading L...

Kakao Pay seeks to acquire Loca Mobility up for sale by MBK Partners

Kakao Pay seeks to acquire Loca Mobility up for sale by MBK Partners

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is seeking to acquire Loca Mobility Corp...

Samsung Elec expands 5G network solution supply to NTT Docomo

Samsung Elec expands 5G network solution supply to NTT Docomo

Samsung Electronics Co. is expanding its presence in Japan’s telecommunications market with a supply of 5G network equipment to NTT Docomo Inc...

SK Telecom to team up with Singapore's Singtel for metaverse venture

SK Telecom to team up with Singapore's Singtel for metaverse venture

SK Telecom Co. on Tuesday said it signed a memorandum of understanding (MOU) with Singapore's top telecom provider Singtel Group on joint business o...

UK grants de facto approval of Korean Air's Asiana takeover

UK grants de facto approval of Korean Air's Asiana takeover

The UK's top watchdog for market competition on Monday accepted corrective measures submitted by Korean Air Lines Co. on its proposed takeover of As...

Korea's SK Inc. revs up power semiconductor value chains via M&As

Korea's SK Inc. revs up power semiconductor value chains via M&As

SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is ramping up its value chain of third-generation semicondu...

South Korea aims to build world’s 6th inland base in the Antarctic 

South Korea aims to build world’s 6th inland base in the Antarctic 

The South Korean government announced on Monday that it will build the world’s sixth inland base in the Antarctic by 2030. The Ministry o...

Mobility startup Poen takes first place at Geeks Show Up event in Jeju

Mobility startup Poen takes first place at Geeks Show Up event in Jeju

South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...

S. Korea's T'way Air to resume Incheon-Chiang Mai route

S. Korea's T'way Air to resume Incheon-Chiang Mai route

South Korea's budget carrier T'way Air on Wednesday said it will resume from Nov. 28 its flight linking Incheon and Chiang Mai, Thailand, with seven...

US extends antitrust review of Korean Air-Asiana merger

US extends antitrust review of Korean Air-Asiana merger

The US competition authority extended its review of the proposed merger between South Korea’s two largest airlines to check if the deal hurts ...

UK regulator flags concerns over Korean Air-Asiana merger

UK regulator flags concerns over Korean Air-Asiana merger

The British antitrust watchdog raised concerns over the impact on competition of the proposed merger between South Korea’s two largest carrier...

Yanolja to expand overseas business with global partner

Yanolja to expand overseas business with global partner

South Korea's tourism platform Yanolja is expanding its overseas air and travel operations.Yanolja Cloud, an artificial intelligence-based software ...

Hyundai Motor, Indonesia to jointly enter ASEAN air mobility market

Hyundai Motor, Indonesia to jointly enter ASEAN air mobility market

South Korea’s top automaker Hyundai Motor Group and Indonesia’s Nusantara Capital City Authority have agreed to jointly enter the Southe...

LG Elec to bet on healthcare, mobility, metaverse in N.America

LG Elec to bet on healthcare, mobility, metaverse in N.America

LG Electronics Inc., the global top home appliance maker, will bet on the healthcare, mobility and metaverse sectors in North America through invest...

Danggeun Market launches professional advertising solution

Danggeun Market launches professional advertising solution

South Korean startup Danggeun Market, the operator of the country’s largest neighborhood marketplace app Karrot, is ramping up efforts to incr...

SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips

SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...

SK Telesys merges with SK Solmics, both wholly owned subsidiaries of SKC

SK Telesys merges with SK Solmics, both wholly owned subsidiaries of SKC

SK Solmics Co., a wholly owned subsidiary of SKC Inc., is poised to merge with SK Telesys Co. on February 1 of next year, according to regulatory fi...

Korea's SKT aims for $32 bn in corporate value via AI tech by 2026

Korea's SKT aims for $32 bn in corporate value via AI tech by 2026

South Korea’s top mobile carrier SK Telecom Co. is aiming to quadruple its corporate value, currently around 11 trillion won ($7.9 billion), b...

Korean Air soars with best quarterly results in its history

Korean Air soars with best quarterly results in its history

Korean Air is flying high after breaking its quarterly record for the second time this year thanks to growing profits from passenger flights as well...

Samsung sets sights on new chips for self-driving homes on wheels

Samsung sets sights on new chips for self-driving homes on wheels

For decades, Samsung Electronics Co. has been a household name in the semiconductor industry, making chips that work like the human brain for comput...

North Korea Barrages south with missiles; South Korea swiftly responds

North Korea Barrages south with missiles; South Korea swiftly responds

SEOUL—North Korea unleashed its biggest barrage in years, firing nearly two dozen missiles, including one that flew south of its disputed mari...

Korean Air to introduce new planes, spend $1.7 bn on safety

Korean Air to introduce new planes, spend $1.7 bn on safety

Korean Air Lines Co., the country’s flag carrier, plans to bring in new airplanes and spend $1.7 billion on safety measures after a recent spa...

Hyundai Mobis, Luxoft to unveil infotainment system for future mobility

Hyundai Mobis, Luxoft to unveil infotainment system for future mobility

South Korea’s largest auto parts maker Hyundai Mobis Co. and Swiss technology company Luxoft have jointly developed an advanced in-vehicle inf...

SK Telecom joins race for Korean dental scanner maker

SK Telecom joins race for Korean dental scanner maker

South Korea’s top mobile carrier SK Telecom Co. has joined the race to acquire Medit Corp., the world’s third-largest 3D dental scanner ...

Hyundai Mobis hosts future mobility startups in Silicon Valley

Hyundai Mobis hosts future mobility startups in Silicon Valley

South Korea’s Hyundai Mobis Co. will host a future mobility conference, dubbed Mobis Mobility Day, with around 80 experts from mobility startu...

SK Telecom commercial feature AI human to promote content platform

SK Telecom commercial feature AI human to promote content platform

South Korea’s major telecom company SK Telecom Co. has adopted a virtual human to feature in one of its commercial ads for the first time in t...

SK Telecom expands business portfolio with quantum tech

SK Telecom expands business portfolio with quantum tech

South Korea’s top mobile carrier SK Telecom Co. is expanding its business portfolio with quantum technology, even into industries that are unr...

Korea unveils autonomous driving, commercial drone service roadmap

Korea unveils autonomous driving, commercial drone service roadmap

South Korea aims to launch advanced autonomous driving, commercial drone and other urban air mobility services by 2025, as the country strives to be...

Kakao Mobility, Hyundai to launch pilot robotaxi service by year-end

Kakao Mobility, Hyundai to launch pilot robotaxi service by year-end

Kakao Mobility Corp., which runs South Korea’s most popular taxi-hailing app, and top Korean automaker Hyundai Motor Co. have agreed to launch...

Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push Korean waste management firm Koentec on market for $730 mn US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement