LG Elec targets indoor golf market with its ProBeam projector

LG Electronics Inc. is targeting the overseas indoor golf market with its premium commercial projector LG ProBeam.The company said on Thursday that ...

NHN Cloud joins ranks of unicorns with $120 mn funding

NHN Cloud Co., a computer clouding service provider, has raised 150 billion won ($120 million) from South Korea-based IMM Investment, joining the ra...

Air Busan to offer 4 daily flights on Busan-Osaka route

Starting Feb. 1, South Korea's budget carrier Air Busan Co. will add a daily flight to its route linking the nation's biggest port city of Busan to ...

Samsung Biologics CEO focuses on global business

John Rim, chief executive of Samsung BioLogics will directly lead his company's global sales operations for biopharmaceuticals through contract deve...

Samsung earns ISO 22301 certification for business continuity

Samsung Electronics Co.'s device solutions division has achieved ISO 22301 certification, the international business continuity management system (B...

LG Innotek, Samsung Electro-Mechanics Q4 profit disappoint

LG Innotek Co. and Samsung Electro-Mechanics Co., two major South Korean suppliers for Apple’s iPhone, on Wednesday reported more than a 60% p...

Take QR code instead of long password when connecting to Wi-Fi

LG Uplus Corp. introduced a functionality that allows access to Wi-Fi through an Internet TV screen. This is intended to make it possible to connect...

Korea’s Samsung C&T to build modular homes in Saudi Arabia

Samsung C&T Corp., the construction and trading arm of South Korea’s top conglomerate Samsung Group, is set to build modular homes in Saud...

Samsung's Galaxy S23 obtains Canstar Blue's Most Satisfied Customers award

Galaxy S23, the latest mobile handset of South Korea's electronics giant Samsung Electronics Co.,  obtained the Canstar Blue 2023 Most Satisfie...

Samsung Display unveils touch-enabled OLED laptop PC screen

A South Korean company has developed an OLED laptop PC display with a touch function like a smartphone screen without needing a separate film attach...

HSD Engine's order volume exceeds $162.1 million in one month

Growth in shipbuilding orders has greatly boosted the sales of manufacturers of related equipment such as ship engines. South Korea's HSD Engine, wh...

Samsung to drop A7 model as focus shifts to premium smartphones

Samsung Electronics Co. is unlikely to release an A7 model this year as the South Korean tech giant is shifting its business focus to premium and lo...

LG Energy partners with Seoul Nat'l Univ. for battery technology

South Korea's No. 1 secondary battery maker LG Energy Solution Ltd. and Seoul National University on Friday signed an agreement to establish an indu...

Samsung demonstrates 5G network slicing on commercial networks

South Korea's electronic giant Samsung Electronics Co. said on Friday that it has successfully verified its network slicing technology in a 5G stand...

Korean Air to resume flight services on four European routes

Korean Air Lines Co. will resume operations on four European routes, including Prague, the Czech Republic, sequentially from March for the first tim...

Metaverse-based virtual offices: New breadwinner for LG CNS

LAS VEGAS – While buzzwords such as avatar and the metaverse are on everyone’s lips these days, waking up in the morning and going to a ...

Global smartphone shipments hit 10-year low in 2022

Global smartphone shipments last year declined to their lowest level in 10 years, showing how consumers closed their wallets amid the economic downt...

LG Chem completes acquisition of US biotech firm AVEO

LG Chem Ltd. is set to complete its $571 million purchase of the US biotech firm AVEO Pharmaceuticals Inc. on Friday, which would strengthen its ant...

Samsung Heavy, MISC to jointly develop floating CO2 storage units

South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Malaysian offshore ene...

Samsung touts Galaxy S23 Ultra smartphone as best of the best

Get ready for the best of the best, says Samsung Electronics Co.'s mobile business chief days before its Galaxy Unpacked 2023 event, where it plans ...

Samsung to open Galaxy Experience Spaces for Galaxy Unpacked

Samsung Electronics Co. will open 29 interactive Galaxy Experience Spaces in 24 locations in 19 countries, following the Galaxy Unpacked event to be...

Global shipments of foldable smartphones to jump 44% this year: Report

Amid forecasts of a dull global market for smartphones due to the economic downturn, a report says foldable models alone will maintain growth in the...

LG UltraGear selected as official monitor for League of Legends

LG Electronics Inc. said on Tuesday that its UltraGear gaming monitor, with enhanced gamer-specific features, has been selected as the official moni...

Samsung Eng. wins ADNOC’s $80.7 mn joint project

South Korea’s Samsung Engineering Co. has won a $80.7 million joint project from Abu Dhabi National Oil Co. (ADNOC) for multi-billion-dollar g...

Samsung unveils 200-megapixel image sensor for Galaxy S23 Ultra

Samsung Electronics Co. on Tuesday unveiled its latest image sensor, the ISOCELL HP2, with improved pixel technology, which is widely expected to ...

Samsung hires ex-Yogiyo CEO to lead online sales as rivals axe jobs

Samsung Electronics Co. has hired Kang Shin-bong, former chief executive of Yogiyo, South Korea’s second-largest food delivery platform, to le...

Hanwha, LG Energy team up for US battery production

South Korea’s Hanwha Group will invest in LG Energy Solution Ltd.'s battery production lines for energy storage systems (ESS) in the US, some ...

Samsung CEO says construction of Taylor foundry on track

A US road in Taylor, Taxas, where global chip giant Samsung Electronics Co. is building a $17 billion fabrication plant on a scale of about 5 millio...

LG Elec's Tennessee plant named Lighthouse Factory by WEF

LG Electronics Inc.'s home appliance factory in Tennessee, the US, has been selected as a "Lighthouse Factory" by the World Economic Forum (WEF) for...

LG Chem CEO named to head industrial body of World Economic Forum

South Korea's LG Chem Ltd. on Sunday said its CEO and Vice Chairman Shin Hak-cheol on Thursday will be named chair of the Chemical and Advanced Mate...