SK Telecom provides SaaS-based passkey solution for biz

South Korea's SK Telecom Co. said on Monday it offers a passkey system, enabling password-free login and user authentication, via a software-as-a-se...

Kioxia’s TSE IPO: Boon for SK Hynix, bane for Samsung Electronics?

TOKYO – The planned initial public offering (IPO) of Japanese memory chipmaker Kioxia Holdings Corp. is expected to affect its bigger South Ko...

NPS to veto SK Innovation’s merger with LNG affiliate

South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, said on Thursday it is set to ve...

SKC to merge two biodegradable material subsidiaries

South Korea's SKC Ltd. said on Wednesday that it plans to merge its biodegradable material subsidiaries, SK Leaveo and SK Tbmgeostone with the merge...

AI-driven shifts will unlock opportunities: SK Chairman

Challenges are ahead but the artificial intelligence industry will eventually boom, opening new markets, said South Korea’s second-largest bus...

Mirae Asset, global investors eye gain from sale of Hanoi skyscraper

South Korea's Mirae Asset Securities Co. and shareholders in the three-building complex Landmark72, which encompasses the second-tallest skyscraper ...

BOK signals autumn rate cut as inflation, economic growth slow

South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...

Yuhan’s lung cancer drug clears FDA hurdle for global debut

A new lung cancer treatment developed by South Korea’s Yuhan Corp. has secured approval from the US Food and Drug Administration (FDA) as a co...

Korea's KEDI-based ETFs boom; net assets double in 2 months

South Korean exchange-traded funds (ETFs) tracking KEDI, an index set created by The Korea Economic Daily, are booming on growing investor demand fo...

KAI, TAI ink deal to boost T-50TH support

Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...

Samsung Electronics tops global TV sales in H1

Samsung Electronics Co. maintained its top position in the global TV market in the first half of this year, bolstered by robust sales of its newly i...

SK seeks sale of specialty gas unit for around $3 bn

SK Group, the second-largest conglomerate in South Korea, is considering selling global leading specialty gas producer SK Specialty Co. for around 4...

Samsung to unveil industry’s highest-capacity eSSD in November

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil the industry’s highest-capacity enterprise solid-state dr...

Tighter emissions rules boost HD Hyundai Marine margin

HD Hyundai Marine Solution Co., a ship parts manufacturing and after-sales service company, has reported the highest-ever operating profit margin in...

LG Electronics' Indian unit logs highest first-half sales

LG Electronics Inc., the world’s largest home appliances maker, raked in more than 2 trillion won ($1.5 billion) in first-half sales in India ...

SK Hynix’s turnaround gains traction from US, China

SK Hynix Inc., the world’s No. 2 memory chipmaker, has made a significant business turnaround in the US and China, which made up 80% of its sa...

SK Bioscience sells stake in US vaccine developer Novavax

SK Bioscience Co., a drug-making arm of South Korea's No. 2 conglomerate SK Group, has sold a stake in Nasdaq-listed vaccine developer Novavax Inc. ...

SK Telecom releases Liberation Day remastering video

South Korea's SK Telecom Co. restored footage and audio from around the time of the country's liberation in 1945, allowing modern audiences to share...

Hyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70

South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a range extender, for pickup trucks and s...

Food giant CJ CheilJedang's profits rise for 3rd straight quarter

South Korean food giant CJ CheilJedang Corp.'s quarterly operating profit increased for the third consecutive quarter, reversing a decline in the th...

MSCI Korea Index adds LS Electric

South Korea's LS Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index, MSCI announced on Tuesday.MSCI Inc. reba...

SK Telecom, Nokia to cooperate on AI-based network tech

South Korea's SK Telecom Co. announced on Monday that it signed a memorandum of understanding (MOU) with Nokia to commercialize the wired network AI...

S.Korea's top three tire makers sell 45 mn units in H1 2024

South Korean tire manufacturers have nearly reached sales of 45 million units in the global market during the first half of this year, the Korea Tir...

Carlyle, Keppel, IMM stay in final race for Ecorbit

Carlyle Group, a union of Hong Kong-based Keppel Corp. and Gaw Capital Partners and a consortium of IMM Investment and IMM Private Equity are the th...

IGIS puts NPS-backed building in Seoul on sale for $294 mn

IGIS Asset Management Co., one of Asia's largest real estate investment firms, is seeking to sell a building backed by South Korea’s National ...

Samyang Roundsquare holds 'Buldak Ferry Party' in Denmark

Samyang Roundsquare, formerly known as Samyang Foods Group in South Korea, announced on Friday that it held a consumer event called the "Buldak Spic...

Kolon to invest $94 mn in industry film JV with SK Microworks

South Korea’s major chemical materials producer Kolon Industries Inc. is set to invest 129.6 billion won ($94.2 million) to establish an indus...

LG ramps up European HVAC marketing with new Therma V model

LG Electronics Inc., a leading South Korean home appliance maker, is strengthening efforts to enhance its presence in Europe’s heating, ventil...

SK Earthon wins Australian carbon storage exploration rights

SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., will spe...

HD Hyundai secures Korea's hydrogen engine generator project

HD Hyundai Infracore Co., a construction equipment and engine manufacturer, said on Thursday it has won the government's first project to develop ge...