All seven BTS members to renew contracts with HYBE

All seven members of BTS are set to renew contracts with their current label HYBE Co. for the second time, allowing their fans across the world to e...

Naver Smart Store's 100 mn won club reaches 45,000 members

Around 45,000 sellers on South Korea's Naver Smart Store as of June raked in annual sales of 100 million won ($72,250) or more, or 7.9% of the overa...

Kakao Pay’s tie-up with Alipay spurs growth in China

BEIJING – Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., is rapidly growing in China’s fintech...

Naver Pay to be available at all Alipay merchants in China

Naver Pay, the simple payment service of South Korea's Naver Financial, announced on Tuesday that it will start offering Naver Pay Money and Point Q...

Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments

Ant Group Co., the operator of China’s biggest mobile payment platform Alipay, has become the second-largest stakeholder of Toss Payments, the...

LG's refrigerator receives Int'l EPD certification

LG Electronics Inc. has announced that its high-end refrigerator, the Objet Collection, has become the first in the home appliance industry to recei...

Hyundai Motor’s Genesis: Distilled luxury with 1 million car sales

In South Korea’s automobile industry, it is widely acknowledged that the country’s homegrown premium car brand started with the Genesis....

Coupang to host business briefing on Taiwan market entry

South Korea's e-commerce leader Coupang Inc. announced on Friday that it plans to conduct a business briefing focused on aiding domestic small and m...

Samsung releases Galaxy Watch6 Classic PXG edition

Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...

LG Uplus pet care platform's subscribers exceed 300,000

South Korea's LG Uplus Corp. announced on Thursday that its pet service platform ForDong has garnered over 300,000 subscribers just 14 months sinc...

HD Hyundai Electric wins $51 mn deal to power Neom megacity

HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...

KT, SingPost to team up for AI-based digital logistics

South Korea's KT Corp. announced on Monday that it has signed a memorandum of understanding (MOU) with Singapore Post (SingPost), a state-run postal...

SK Broadband launches hybrid quantum security service

South Korean internet service provider SK Broadband on Tuesday said it launched the country’s first dedicated line service that supports the o...

Samsung to apply GenAI to all home appliances from 2024

BERLIN, GERMANY - Samsung Electronics Co. from next year will incorporate generative artificial intelligence (GenAI) into all home appliances and de...

Netmarble, Hana Financial team up for metaverse service

South Korean game company Netmarble Corp. announced on Monday that it will partner with Hana Financial Group to develop new financial experiences an...

Home & Shopping, Teleken signs business agreement

South Korea's TV and online shopping operator Home & Shopping Co. announced on Friday that it has signed a business agreement with the Japanese ...

Samsung Welstory unveils robots for company cafeterias

South Korean food and beverage company Samsung Welstory Inc. is forming a robotic process automation (RPA) ecosystem in the food service sector. In ...

Under siege by OTT players, Korean mobile carriers seek higher VOD sales

Once, video-on-demand (VOD) services over internet TV easily generated money for most telecommunications companies in South Korea.Those days are g...

Webcash launches WeBill 365 in Cambodia

South Korea's Webcash Co. has launched its specialized billing solution "WeBill 365" in Cambodia."WeBill 365 maximizes convenience and efficiency fo...

Sapeon completes $45 mn series A funding

Sapeon, a South Korean artificial intelligence (AI) semiconductor company, announced on Wednesday that it has concluded a Series A funding round, ra...

Doosan to provide logistics automation solutions to Nike Korea

Doosan Logistics Solutions Co. (DLS), a South Korean system integrator that provides turnkey solutions, announced on Tuesday that it has won Nike ...

Samsung, LG join hands to connect smart home devices

Samsung Electronics Co. and LG Electronics Inc. are jointly developing an interoperable smart home system that enables their home appliance users to...

Hyundai Home Shopping launches live broadcast using AI tech

South Korea's Hyundai Home Shopping Network Corp. on Tuesday said it will release the new concept show based on artificial intelligence (AI) "Seo Ah...

FNSValue, UN agency to provide passwordless authentication for fintech

South Korean blockchain company FNSValue Co. on Monday signed a partnership agreement with the International Telecommunication Union (ITU), the Unit...

Smilegate to launch video communication service

The face on a video call screen changes into a game character, making the conversation fun. This is the main function of P.Pool, a video communicati...

DGB Fin to set up asset management firm in Singapore

South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung Electronics Co. and LG Electronics Inc. are set to attend Europe's biggest tech trade fair and biggest motor show, IFA and IAA Mobility, res...

Virtual bands, emerging stars to fuel global K-pop craze

Virtual bands have emerged as new stars to accelerate the K-pop craze across the world. An artificial girl quartet attracted more than 25 million vi...

LG Electronics rolls out customizable trailer Bon Voyage

LG Electronics Inc. on Friday announced that its customized trailer Bon Voyage will make its debut at the global wellness festival Wanderlust Korea ...

Korea Credit Data raises $75.7 million from Morgan Stanley

Korea Credit Data (KCD), a South Korean fintech startup focusing on small- and medium-sized enterprises (SMEs), has raised 100 billion won ($75.7 mi...