Lunit gets FDA approval for AI cancer diagnosis solution
South Korean medical AI company Lunit said on Tuesday its Lunit Insight DBT, an AI imaging diagnosis solution aiding in breast cancer diagnosis, has...
Samsung Elec, Naver tie up for smart building business
Samsung Electronics Co., the world’s largest memory chipmaker, and Naver Corp., South Korea’s online giant, have joined hands to develop...
Celltrion to supply Remsima to Brazil gov’t in three-year row
South Korea's Celltrion Healthcare Co. announced on Friday its autoimmune disease treatment Remsima (ingredient: infliximab) has won a bid for the B...
Goldman Sachs lists Moloco CEO among exceptional entrepreneurs
Moloco Inc., a Silicon Valley-based ad-tech solution startup, said Wednesday that its co-founder and Chief Executive Ikkjin Ahn was named one of the...
SPC Samlip partners with H Mart to enter US market
SPC Samlip Corp, a unit of South Korea’s food and bakery giant SPC Group, announced on Thursday it signed a business agreement with H Mart, th...
LG, Qraft Technologies' AI-powered ETF trades on NYSE
South Korea’s LG Group and Seoul-based Qraft Technologies Inc. have jointly launched an exchange-traded fund (ETF) that selects holdings relat...
Used electric vehicle prices drop in Korea with declining EV appeal
Prices of secondhand electric vehicles are falling in South Korea as drivers are increasingly less enchanted with eco-friendly vehicles due to weak ...
The Nature Holdings goes after green fashion with Brompton
Brompton Bicycle will pursue a greener world with sustainable clothing that is stylish but durable alongside its Korean partner The Nature Holdings ...
Kkanbu Chicken opens first overseas store in Philippines
South Korea's chicken franchise Kkanbu Chicken opened its first overseas branch in Manila's Solaire Resort.According to the company on Tuesday, the ...
KAI participates in Thailand's Defense & Security 2023
Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...
Korea bans short selling; battery stocks lead market rally
South Korea has temporarily suspended short selling partly to prevent illegal, naked short selling, a decision buoying stocks heavily targeted by sh...
Neowiz, SK Hynix to team up for global marketing
South Korean game developer Neowiz announced on Friday it has signed a memorandum of understanding (MOU) with SK Hynix Inc. for global marketing col...
South Korea’s Dailybeer to enter into Singaporean market
Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrina Group for joint in...
SK Innovation targets profit from EV battery unit in Q4
SK Innovation Co., South Korea’s top energy company, said its electric vehicle (EV) battery subsidiary aims to turn to the black in the fourth...
Woori Bank opens regional headquarters in Bangladesh
South Korea's Woori Bank announced on Friday it opened its new regional headquarters in Bangladesh. In 1996, the bank launched its first branch...
Hillhouse to up investment in S.Korea with new hires
Hillhouse Investment Management Ltd., one of the largest private equity firms in Asia, is set to create an investment team dedicated to the South Ko...
Shilla Duty Free partners with Line Pay to attract Asian tourists
South Korea's The Shilla Duty Free announced it partnered with Line Pay Taiwan to attract South Asian tourism on Thursday. Line Pay is the top mobil...
Hanwha Ocean to target Southeast Asian defense market
South Korea's Hanwha Ocean Co. will participate in Defense & Security (D&S) 2023 in Bangkok, Thailand. The company said on Thursday it ...
DRAM contract prices rebound after 27 months on rising demand
DRAM contract prices rebounded for the first time in more than two years last month amid the recovery in the consumer electronics market.The price g...
Naver-invested ichrogene enters Thai market
South Korea's digital healthcare startup ichrogene, with investment from Naver D2 Startup Factory (D2SF), entered into Thai market. Naver Corp....
Harman’s record profits prop up Samsung's Q3 earnings
Samsung Electronics Co., the world’s largest memory chip maker, on Tuesday reported a triple-digit quarterly increase in third-quarter profit ...
Naver replaces Nvidia GPU with Intel CPU for its AI map app server
South Korea’s web portal giant Naver Corp. has replaced the main chip supplier of its artificial intelligence server for its map service, Nave...
Hanjin opens representative office in Mongolia
South Korea's Hanjin Transportation announced on Friday it has opened a representative office in Ulaanbaatar, Mongolia, to expand its logistics hu...
Innocean to invest $370 million in new growth drivers
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...
KGC hawks red ginseng at top US expo for health functional food
Jung Kwan Jang, the flagship brand of Korea Ginseng Corp. (KGC), has been featured at North America’s leading expo for raw ingredients of heal...
Neo Chair cements No. 1 spot as office chair brand on Amazon
Neo Chair, almost unheard of in its home country South Korea, is the top-selling office chair brand on Amazon, the world's largest e-commerce platfo...
Hyundai’s record Q3 profit beats Samsung; no EV output cut planned
Hyundai Motor Co. on Thursday posted its highest-ever quarterly operating profit for the July-September period, driven by robust sales of pricey car...
S.Korea’s ModaModa unveils new hair darkening shampoo
South Korean haircare brand ModaModa launched its second-generation hair darkening shampoo "ModaModa Zero Gray Black Shampoo" on Thursday. Prev...
S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal
DOHA -- HD Hyundai Heavy Industries Co., the world’s second-largest shipyard, has won a $3.9 billion deal to build 17 liquified natural gas ca...
Medytox to enter China’s botulinum toxin market with Newlux
South Korean pharmaceutical company Medytox Inc. on Tuesday announced its plan to enter the Chinese market for botulinum toxins (BTX) with its cut...
