Korean E-Land unites fast fashion units for China biz growth

South Korea’s major retailer E-Land Group has consolidated one of its fast fashion brand's operations at home and in China to accelerate growt...

Ransomware attacks targeting S.Korean companies on sharp rise

Global hacker groups' ransomware attacks against domestic companies and organizations in the first quarter of this year have been revealed to total ...

Hyundai ties up with LG, SK for $5.3 bn US EV cell plants

Hyundai Motor Group, the leading South Korean automaker, has joined hands with LG Energy Solution Ltd. and its smaller rival SK On Co. to build elec...

Hyundai Engineering, SK Ecoplant to produce carbon-neutral hydrogen

South Korea's Hyundai Engineering Co. and SK Ecoplant Co. are teaming up with Ultra Safe Nuclear Corporation (USNC), a US micro modular reactor (MMR...

SK On to attract $1.1 bn from BlackRock, MBK consortium

SK On Co., the world’s fifth-largest battery maker, is slated to attract 1.5 trillion won ($1.1 billion) from a consortium of US private equit...

SK Telecom, SNU Hospital to develop AI diagnosis tool for autism

South Korea's top mobile carrier SK Telecom Co. and Seoul National University Hospital have developed an AI-powered diagnosis tool for the early det...

LS Electric, Microsoft to jointly develop smart factory

LS Electric Co., South Korean manufacturer of power and industrial automation equipment, has signed a partnership agreement with Microsoft to develo...

SK Hynix unveils industry’s slimmest 12-layer, 24 GB HBM3 chip

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed the world’s first 12-layer DRAM product wi...

S.Korean LPs to up exposure to private debt, infrastructure in 2023: Survey

South Korean institutional investors are eyeing private debt and infrastructure for stable income and to hedge against inflation, a survey by The Kore...

Hyundai Mobis aims to win $1 bn in China orders in 2023

South Korea's leading auto parts supplier Hyundai Mobis announced that it will win $1 billion this year in China, the world's largest electric veh...

Korean battery players LG, Samsung, SK sweep US EV tax credits

It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...

Innocean to cooperate domestic EV charging company for marketing

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that it has signed a memorandum of understanding (MOU) with EV...

Samsung SDI unveils super-gap battery tech aimed at Chinese market

South Korea's leading secondary battery maker Samsung SDI Co. is setting its sights on China's battery market with its super-gap solid-state battery...

SK Telecom enters next-generation broadcasting platform market in US

South Korea's SK Telecom Co. said on Tuesday that it will sell a next-generation broadcast platform, utilizing mobile edge computing (MEC) technolog...

SK Telecom, Singaporean company collaborate on virtual production

SK Telecom Co. announced on Monday that it has signed a memorandum of understanding (MOU) with Xon Studios and Singapore's virtual production specia...

Specialty income by preferred securities, commercial MBS

With a hamstrung US Federal Reserve, the global outlook for 2023 is one of cautious optimism for fixed income. As the Fed is unable to readily rescu...

LS Electric to display smart energy solutions in Germany

LS Electric Co., South Korean manufacturer of power and industrial automation equipment, announced on Monday that it will participate in the Hannove...

SK Siltron gets 20% of electricity from renewable energy

South Korea’s SK Siltron on Sunday said it procured 19.5% of the electricity it used last year from renewable energy. “In 2020, we were...

SK Group chairman’s eldest son to play key role at US unit PassKey

Chey In-geun, the eldest son of SK Group Chairman Chey Tae-won, has moved to the South Korean conglomerate’s major US business operations amid...

SK, Lotte participate in Asia's largest plastic exhibition

Major chemical companies in South Korea, such as SK Geo Centric (formerly SK Global Chemical), Lotte Chemical Corp. and Lotte Fine Chemical, are par...

HLB starts Phase 3 clinical trials for ophthalmic disease treatment in US

South Korea's pharmaceutical company HLB Therapeutics Co. announced on Thursday that it has started patient administration of "RGN-259," a treatment...

ASICLAND, TSMC’s sole Korean partner, eyes 2023 IPO

ASICLAND Co. is the only South Korean semiconductor design house for the world’s largest foundry TSMC Co., which manufactures chips for about ...

SK Biopharmaceuticals wins Red Dot award for 2 devices

South Korea’s SK Biopharmaceuticals on Tuesday said two of its self-developed wearable devices won the main prize in the health care category ...

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...

LG Electronics eyes solid Q2 results after Q1 earnings surprise

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

Paris Baguette to showcase at London Franchise Show 2023

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Friday that it will participate in the London International Franchise...

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...

Verismo's CAR-T therapy designated fast-track status by FDA

Verismo Therapeutics, a US affiliate of South Korean pharmaceutical firm HLB Co., has received fast-track designation from the US Food and Drug Admi...

Korea's electric battery maker SK On predicts 'tangible results' from 2024

"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...