S.Korea's online K Bank withdraws plan for Kospi listing

South Korea's K Bank has withdrawn its highly anticipated plan to hold an IPO this year in the judgement of a lower corporate value due to the slugg...

LG Energy inks $3.3 bn ECV battery deal for N.America, Europe

LG Energy Solution Ltd., the world’s third-largest secondary battery maker, has inked a supply deal estimated up to $3.3 billion for North Ame...

Samsung’s next frontier: XR in partnership with Qualcomm, Google

SAN FRANCISCO – Samsung Electronics Co. is teaming up with Qualcomm Technologies Inc. and Google LLC to venture into the extended reality (XR)...

SeAH begins construction on stainless steel pipe plant in Saudi Arabia

SeAH Gulf Special Steel Industries (SGSI), a joint venture between South Korea's SeAH CSS and Saudi Arabian oil giant Aramco, has broken ground on a...

NGeneBio to launch precision cancer test service in Thailand

South Korean medical diagnostic company NGeneBio Co. has partnered with MP Group, a large consignment testing agency in Thailand, to launch a precis...

Taihan Cable to build ultra-high voltage power grids in Germany

South Korea's Taihan Cable & Solution Co. on Thursday said it won two orders to build high-voltage power grids in Germany.The deals are with Ten...

Samsung’s Galaxy Book3 series to take on Apple’s MacBook

In today’s connected world, the ultimate gadget consumers want brings together everything they need at any time, without hassle.Samsung Electr...

Kim&Chang sets to enter Indonesia's legal market

Kim & Chang, South Korea's leading law firm, is poised to expand into Indonesia, joining the race among major legal firms seeking a foothold in ...

Samsung unveils Galaxy S23 with better camera, processor

SAN FRANCISCO – Samsung Electronics Co., the world’s top smartphone maker, unveiled on Wednesday its flagship Galaxy S23 series equipped...

Hanmi's Rolvedon set to post $10 mn in Q4 net sales in US

South Korean drugmaker Hanmi Pharmaceutical Co.’s neutropenia agent, Rolvedon (eflapegrastim-xnst), is forecast to achieve about $10 million i...

Two premium taxi apps mull tie-up to challenge Kakao

South Korea's two premium ride hailing apps TADA and i.M are considering a merger in a bid to challenge Kakao Mobility Corp., which commands about 9...

Korea’s Hyundai Electric wins $86 mn transformer deal in US

Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...

LG Innotek gears up for FC-BGA substrate mass production

South Korea’s LG Innotek Co. is preparing to mass produce flip chip ball grid array (FC-BGA) substrates from the fourth quarter of this year, ...

Samsung seeks to sell more smartphones in Southeast Asia

Southeast Asia is an attractive smartphone market for both heavyweights and mass-market players given the relatively large number of young people wh...

Nibec gets approval for its bone graft biomaterials in Colombia, Mexico

South Korea's bioactive peptide technology company Nibec Co. said on Friday that it has obtained product approval for the sale of two types of denta...

Korea Exchange acquires market operator license in Singapore

Korea Exchange (KRX) on Thursday said it has received a "Recognized Market Operator" (RMO) license from the Monetary Authority of Singapore (MAS), a...

S.Korea, Japan compete in gastroesophageal reflux drug market

South Korea is battling Japan again, this time on the global market to treat gastroesophageal reflux disease (GERD). South Korea's pharmaceutical pr...

South Korea fines US brokerage $9.6 million for high-frequency trading

South Korea has fined Citadel Securities over 10 billion won ($8.1 million) for disrupting market order through high-frequency trading in the countr...

DongKoo Bio signs MOU to move into SE Asian healthcare market

DongKoo Bio & Pharma Co. has built a bridgehead for expansion toward the world, including Southeast Asia by joining hands with LVMC Holdings, th...

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 ...

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...

S.Korean companies in renewed push for Kosdaq listings

South Korean companies are making renewed pushes to go public this year even at the expense of reduced IPO values.Zaram Technology Inc., a chip desi...

Silicon Valley, Korean startups’ choice for global business

Silicon Valley was the favorite place for South Korean startups for their global business as more of them were established in other countries for th...

Kolmar Korea to establish new cosmetics production base in Sejong City

South Korea's cosmetic original design manufacturer Kolmar Korea said Wednesday that it would establish a cosmetics production base equipped with ar...

SK Hynix unveils industry’s fastest mobile DRAM chip LPDDR5T

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has developed the world’s fastest mobile DRAM chip and ...

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...

S.Korean stock issuance volume declines 24% in 2022

The volume of stock issuance in South Korea declined sharply last year due to the softening stock market. Amid rising interest rates, the amount of ...

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...

Hyundai, Kia vow to crack Japan-dominated SE Asian market with EVs

For more than four decades, Japanese automakers, led by Toyota Motor Corp., have reigned as undisputed champions in the Southeast Asian auto marke...

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...