ETRI bolsters semiconductor technologies for use in aerospace defense

ETRI bolsters semiconductor technologies for use in aerospace defense

Daejeon-based Electronics and Telecommunications Research Institute (ETRI) is poised to further the development of semiconductor technologies for us...

Samsung Elec to supply 5G telecom equipment to Comcast

Samsung Elec to supply 5G telecom equipment to Comcast

Samsung Electronics Co., South Korea’s tech behemoth, agreed to supply 5G telecommunication equipment to US media giant Comcast Corp.Samsung s...

Battery maker SK On sweetens $1.4 bn fundraising deal

Battery maker SK On sweetens $1.4 bn fundraising deal

SK On Co., the world’s fifth-largest rechargeable battery maker, has sweetened its deal to attract 2 trillion won ($1.4 billion) in new share ...

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...

SK Broadband develops green, efficient network technology

SK Broadband develops green, efficient network technology

South Korea's internet service provider SK Broadband Co. has developed optical communications technology that simultaneously provides differing degr...

KAI signs $3 bn fighter jet export contract with Poland

KAI signs $3 bn fighter jet export contract with Poland

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, has inked a formal deal worth $3 billion to export light ...

Tumbling Korean won increases corporate debt burden

Tumbling Korean won increases corporate debt burden

The South Korean won extended its losses to hit its weakest level since the 2008-09 global financial crisis on Wednesday, pressured by higher-than-e...

EV materials maker EcoPro tops the buy list of Korean stocks

EV materials maker EcoPro tops the buy list of Korean stocks

Shares in EcoPro BM Co., a cathode material maker used in electric vehicle batteries, topped the list of South Korean stocks, for which an increased...

DB HiTek develops automotive power semiconductor tech

DB HiTek develops automotive power semiconductor tech

DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...

Typhoon Hinnamnor shuts all POSCO furnaces for 1st time in 49 years

Typhoon Hinnamnor shuts all POSCO furnaces for 1st time in 49 years

POHANG, North Gyeongsang Province – POSCO Holdings Inc., the holding company of South Korea’s steel giant, said on Wednesday it has shut...

Korea may limit NPS power on shareholder derivative suits

Korea may limit NPS power on shareholder derivative suits

South Korea may keep the National Pension Service (NPS), the world’s third-largest such fund, from increasing its power for shareholder deriva...

LG Uplus' K-pop idol platform goes global via smart TVs

LG Uplus' K-pop idol platform goes global via smart TVs

Fans of K-pop idols such as boyband sensation BTS and girl group Blackpink will be able to enjoy their live performances through smart TVs at home a...

Korea PE firms to buy FCCL maker NexFlex at $463 mn

Korea PE firms to buy FCCL maker NexFlex at $463 mn

South Korean private equity firms are set to take over NexFlex Co., the country’s largest manufacturer of flexible copper-clad laminates (FCCL...

Hankook Tire to spend $1.6 bn on US plant expansion

Hankook Tire to spend $1.6 bn on US plant expansion

Hankook Tire & Technology Co., South Korea’s top tire maker, will invest $1.6 billion to more than double its output in the US, the world&...

Hyundai, Ultra Safe Nuclear sign micro reactor procurement agreement

Hyundai, Ultra Safe Nuclear sign micro reactor procurement agreement

Hyundai Engineering Co., the plant engineering and construction arm of Hyundai Motor Group, announced on Friday that it signed a framework agreement...

Only 1% of car parts makers in S.Korea feel ready for transition to EVs

Only 1% of car parts makers in S.Korea feel ready for transition to EVs

The automotive industry around the globe is rapidly transitioning from the manufacturing sector to the digital arena. That is, from an internal...

Hyundai, Hanwha ink $5.8 bn defense deals with Poland

Hyundai, Hanwha ink $5.8 bn defense deals with Poland

South Korea’s defense makers Hyundai Rotem Co. and Hanwha Defense signed formal contracts worth $5.8 billion to export battle tanks and self-p...

Demand for Samsung foldables keeps smartphone parts makers busy

Demand for Samsung foldables keeps smartphone parts makers busy

Smartphone parts suppliers to Samsung Electronics Co. are running their plants at full capacity as the South Korean tech giant’s latest fold...

Hyundai Elevator logs first quarterly loss since 1996

Hyundai Elevator logs first quarterly loss since 1996

Hyundai Elevator Co., South Korea’s No. 1 elevator producer, swung to a quarterly operating loss for the first time since it was listed on the...

Hyundai Motor Group to invest in fabless startup BOS Semiconductors 

Hyundai Motor Group to invest in fabless startup BOS Semiconductors 

Hyundai Motor Group announced on Wednesday that it will invest in Seongnam-based fabless startup BOS Semiconductors, which designs system-on-chip (S...

Samsung to spend $74 bn on chip production lines in Korea

Samsung to spend $74 bn on chip production lines in Korea

Samsung Electronics Co., the world’s top memory chipmaker, is expected to invest some $74 billion to expand semiconductor production capacity ...

Samsung to invest $15 bn in semiconductor R&D complex

Samsung to invest $15 bn in semiconductor R&D complex

Samsung Electronics Co., the world’s top memory chipmaker, plans to spend 20 trillion won ($15.1 billion) by 2028 on an advanced semiconductor...

Korean air filter maker CNTUS SUNGJIN aims to crack US market

Korean air filter maker CNTUS SUNGJIN aims to crack US market

CNTUS SUNGJIN Co., a mid-sized South Korean company known for its colorful face masks made under the Aer brand, has focused on business-to-business ...

SK, SK Energy acquire US energy solution provider Atom Power

SK, SK Energy acquire US energy solution provider Atom Power

SK Inc. and SK Energy announced they have jointly acquired North Carolina-based energy solution enterprise Atom Power Inc. for $150 million.The thre...

Korean LED maker’s winning streak in global patent wars

Korean LED maker’s winning streak in global patent wars

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, has scored another win in patent litigation agai...

Carlyle, GS team up to buy Korean dental scanner maker

Carlyle, GS team up to buy Korean dental scanner maker

The Carlyle Group, a US private equity giant, has joined hands with South Korean energy-to-retail conglomerate GS Group to buy Medit Corp., the worl...

Korea's Hanmi Semiconductor releases new glass micro saw

Korea's Hanmi Semiconductor releases new glass micro saw

Hanmi Semiconductor Co., South Korea’s leading chip equipment maker, has launched a ‘full automation glass micro saw' dubbed GL2101 and ...

Taekwang’s first loss in a decade dampens outlook

Taekwang’s first loss in a decade dampens outlook

Taekwang Industrial Co., a South Korean petrochemical and textile company, reported its first quarterly loss in 10 years amid weakness in its key bu...

Samsung Electronics to announce plans to join RE100 Initiative

Samsung Electronics to announce plans to join RE100 Initiative

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, will soon join The Climate Group’s RE100 Initiative as the...

Korea trade deficit jumps as chip exports fall on Aug. 1-10

Korea trade deficit jumps as chip exports fall on Aug. 1-10

South Korea suffered from a larger trade deficit in the first 10 days of the month as semiconductor exports declined on weaker demand for memory chi...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs