GC Biopharma confirms safety of flu vaccine in phase 1 trial

GC Biopharma confirms safety of flu vaccine in phase 1 trial

South Korea's leading pharmaceutical company GC Biopharma Corp. said on Thursday that it has confirmed the safety and immunogenicity of the patch-ty...

Vuno's fundus-reading AI obtains medical device certification in Thailand

Vuno's fundus-reading AI obtains medical device certification in Thailand

South Korea's medical device startup company Vuno announced on Thursday that its fundus reading artificial intelligence (AI) solution Vuno Med-Fundu...

Hanwha to develop Korean Army's next-gen communications network

Hanwha to develop Korean Army's next-gen communications network

Hanwha Systems Co. will develop core technologies for the South Korean Army’s tactical information communications network TICN-II, which will ...

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air Lines Co. announced on Wednesday that it has been newly included in the 2022 Dow Jones Sustainability World Index (DJSI) Korea announced ...

SK Biopharm begins clinical trials of wearable device for detecting epilepsy

SK Biopharm begins clinical trials of wearable device for detecting epilepsy

SK Group's new drug development subsidiary SK Biopharmaceuticals Co. will begin clinical trials for a wearable device that can detect and predict ep...

CJ ENM to provide K-content on free platforms Tubi, Roku

CJ ENM to provide K-content on free platforms Tubi, Roku

South Korean entertainment giant CJ ENM Co. is linking up with major free streaming services in North America to expand accessibility for global fan...

Curious completes second Samsung Heavy drillship sale

Curious completes second Samsung Heavy drillship sale

South Korean private equity firm Curious Partners has recently completed selling an undelivered drillship constructed by Samsung Heavy Industries Co...

Korean startup Mathpresso completes $59 mn Series C investment

Korean startup Mathpresso completes $59 mn Series C investment

Mathpresso, the company that operates the artificial intelligence (AI)-based learning platform Qanda, said on Tuesday that it has completed Series C...

Naver Webtoon, digital comics case for global MBA study

Naver Webtoon, digital comics case for global MBA study

Naver Webtoon Ltd., the world’s top digital comics provider, is set to be a textbook case study for global students as a prominent business sc...

80% of Korea's data centers to use homegrown AI semiconductors by 2030

80% of Korea's data centers to use homegrown AI semiconductors by 2030

South Korea by 2030 will upgrade its level of domestic artificial intelligence (AI) semiconductors to the world's best by using the nation's high-pe...

Hyundai Electric to supply ESS worth $160 mn to KEPCO's substation

Hyundai Electric to supply ESS worth $160 mn to KEPCO's substation

Hyundai Electric, an electric systems spinoff from South Korean shipbuilding giant Hyundai Heavy Industries Co., said on Tuesday that it will supply...

LS Cable wins $306 mn worth of orders from UK

LS Cable wins $306 mn worth of orders from UK

South Korea's LS Cable & System Ltd. on Monday said it will supply high voltage direct current (HVDC) cables for 400 billion won ($306.1 million...

Pulmuone to supply food ingredients to 18 US universities

Pulmuone to supply food ingredients to 18 US universities

Pulmuone USA, a US unit of South Korea's Pulmuone, said on Tuesday that it has entered into contractual relations with 18 US universities on both co...

S.Korean biotech firm Noul signs MOU with disease center of Ghana

S.Korean biotech firm Noul signs MOU with disease center of Ghana

South Korea's Medical diagnostics company Noul Co., Ltd. said on Monday that it has signed a memorandum of understanding with the Ghana Infectious D...

EV charging service firm Scalardata attracts 3 bn won from GS Energy

EV charging  service firm Scalardata attracts 3 bn won from GS Energy

Scalardata, a South Korean start-up running an electric vehicle (EV) charging infrastructure integration platform "evmodu.kr," announced on Monday t...

LG Electronics to launch two OLED gaming monitor models in US

LG Electronics to launch two OLED gaming monitor models in US

South Korea's electronics giant LG Electronics Co. announced on Monday that starting on the same day it would release the world's first OLED gaming ...

Korean military aircraft maker KAI to spend $1.1 bn on R&D

Korean military aircraft maker KAI to spend $1.1 bn on R&D

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, is poised to invest 1.5 trillion won ($1.1 billion) in re...

Doosan Enerbility gets int'l certification for offshore wind power system

Doosan Enerbility gets int'l certification for offshore wind power system

South Korea's heavy industry company Doosan Enerbility Co. on Monday said it is Korea's first to receive international certification for an eight-me...

Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax

Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax

South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...

S.Korean Proteina gets offers from global pharmaceutical companies

S.Korean Proteina gets offers from global pharmaceutical companies

Global pharmaceutical companies are expressing keen interest in the South Korean diagnostics company Proteina. Unlike companies that search for sp...

South Korea passes new law making everyone a little younger

South Korea passes new law making everyone a little younger

SEOUL—As the rest of the world ages, South Koreans are getting younger.South Korea’s parliament passed laws Thursday abolishing the trad...

Samsung Galaxy tops list of South Korea's 100 brands

Samsung Galaxy tops list of South Korea's 100 brands

Samsung Electronics Co.’s Galaxy smartphones retained the first place in South Korea’s top-100 brand list for 12 consecutive years, Bran...

Hyundai, Kia on course for record EV sales in Europe

Hyundai, Kia on course for record EV sales in Europe

Hyundai Motor Group, South Korea’s top carmaker, is on course for record electric vehicle sales in Europe, with its new models' expansion in t...

S.Korean battery sector scrambles for talented manpower

S.Korean battery sector scrambles for talented manpower

South Korea’s battery industry has suffered from a talent shortage, especially in the research and development, design as well as process sect...

New drug developer Onconic Therapeutics raises $20 mn in Series B

New drug developer Onconic Therapeutics raises  $20 mn in Series B

South Korean drug developer Onconic Therapeutics, announced on Friday that it raised 26 billion won ($19.9 million) in Series B funding, with cumula...

Sulbing opens 1st US store in California in March next year

Sulbing opens 1st US store in California in March next year

South Korean dessert café Sulbing said on Friday that it signed a new master franchise contract to declare its entry into the US market and a...

LS Cable inks $159 mn Taiwan submarine cable supply contract

LS Cable inks $159 mn Taiwan submarine cable supply contract

LS Cable & System Ltd., South Korea’s top wire and cable producer, signed a formal contract worth 150 million euros ($159 million) to supp...

Jobis&Villains selected as beneficiary of UK venture support program GEP

Jobis&Villains selected as beneficiary of UK venture  support program GEP

South Korea's Jobis & Villains Corp., which operates the tax return service "3o3," announced on Thursday that it has been officially registered ...

Baring PEA breaks $1 bn PI Advanced Materials buyout deal

Baring PEA breaks $1 bn PI Advanced Materials buyout deal

Hong Kong-based Baring Private Equity Asia has broken a deal to buy a majority stake in the world’s largest polyimide film manufacturer PI Adv...

Art tech platform Tessa attracts strategic investment from Kyobo Securities

Art tech platform Tessa attracts strategic investment from Kyobo Securities

The art tech platform Tessa said on Thursday that it has succeeded in attracting strategic investment from Kyobo Securities Co. The amount of invest...

LG Electronics acquires Norway’s OSO in bold HVAC expansion Hanwha becomes 1st Korean insurer to foray into foreign banking market NPS, Scape in record deal to acquire Aussie senior living operator Aveo from Brookfield HYBE to bring K-pop idol playbook to India, tapping local talent POSCO sets sights on lithium production in US