top OLED panel maker
Scope
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Bio & Pharma
ABL Bio gets OK for phase 1 clinical trials for immune-oncology drug
New drug development company ABL Bio Inc. announced on Thursday that it has received approval from the Ministry of Food and Drug Safety of South Kor...
Aug 10, 2023 (Gmt+09:00)
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Construction & Planning
Hyundai Elevator sets sights on global ‘Top 5’ ranking by 2030
Shanghai Hyundai Elevator, a subsidiary of South Korea’s Hyundai Elevator Co., unveiled on Thursday an ambitious plan to bolster its market sh...
Aug 10, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis wins EV component supply deal from VW
South Korea’s Hyundai Mobis Co. has bagged a deal purportedly worth billions of dollars to supply a key electric vehicle component to Volkswag...
Aug 09, 2023 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco secures 12 global pharma clients, sets up US R&D center
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured 12 global pharm...
Aug 09, 2023 (Gmt+09:00)
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Electric vehicles
LG Uplus to grow EV charging JV to be among Korea’s top 3
LG Uplus Corp., South Korea’s third-largest mobile carrier, aims to develop its electric vehicle charging joint venture with Kakao Mobility Co...
Aug 08, 2023 (Gmt+09:00)
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Fashion
Korean swimwear Barrel posts profit in post-pandemic surfing boom
South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...
Aug 08, 2023 (Gmt+09:00)
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Korean SMEs
Korean boiler makers set sights on Central, South America
South Korea’s major boiler manufacturers are stepping up overseas expansion to diversify beyond the saturated domestic market, setting their s...
Aug 07, 2023 (Gmt+09:00)
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Business & Politics
Bullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist
Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been chosen to lead the ...
Aug 07, 2023 (Gmt+09:00)
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Batteries
SK Nexilis to sell copper foil to German battery maker Varta
South Korea’s SK Nexilis Co. is set to supply copper foil, core materials for electric vehicle cells, to German battery maker Varta AG, expand...
Aug 07, 2023 (Gmt+09:00)
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Automobiles
LG Display receives Bosch top supplier award for vehicle displays
South Korea's display maker LG Display Co. announced on Monday that it has received the "Bosch Global Supplier Award" from Bosch, the world's top au...
Aug 07, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution tops global EV battery market excluding China in H1
South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...
Aug 07, 2023 (Gmt+09:00)
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ESG
LG 1st in South Korea’s ESG rankings for 2nd year
LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social...
Aug 07, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea's No. 1 flight route in 2023 is Incheon-Osaka
South Korea's most popular international flight route in the first half of this year was between Incheon International Airport and Kansai Internatio...
Aug 07, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korean cosmetics overtake French as top imports in Japan
South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...
Aug 04, 2023 (Gmt+09:00)
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Mergers & Acquisitions
With long-gone heyday, Capro clings to stake sale for survival
Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...
Aug 04, 2023 (Gmt+09:00)
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K-pop
K-pop girl group NewJeans tops US Billboard 200
South Korean K-pop girl group NewJeans topped the US Billboard 200 chart with their second mini-album "Get Up," since its debut a year ago. Acc...
Aug 03, 2023 (Gmt+09:00)
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Food & Beverage
Baskin-Robbins stands out in melting Korean ice cream market
Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localization despite the cou...
Aug 02, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's HD KSOE to buy 35% stake in marine engine maker STX
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) is slated to acquire STX Heavy Industries Co. to make large engines for small-to-mid-siz...
Jul 31, 2023 (Gmt+09:00)
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Corporate strategy
S.Korea's top four accounting firms to cut hiring 30%
South Korea's top four accounting firms -- Samil PwC, Samjong KPMG, Deloitte Anjin and EY Hanyoung -- are expected to cut hiring this year more than...
Jul 31, 2023 (Gmt+09:00)
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Automobiles
Volvo tops S.Koreans’ favorite foreign car survey list for service
Sweden's Volvo offers the best after-sales service among imported automobile dealers in South Korea, while locals drivers are disappointed by the cu...
Jul 30, 2023 (Gmt+09:00)
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Earnings
Kia revises up 2023 OP target after record Q2 earnings, to expedite EV push
Kia Corp. has revised upwards its operating profit target for this year to up to 12 trillion won ($9.4 billion) after reporting its best-ever quarte...
Jul 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom enters cloud managed service provider market
South Korea's SK Telecom Co. will aggressively enter the cloud market by providing differentiated services based on its nationwide communication net...
Jul 26, 2023 (Gmt+09:00)
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Electronics
Samsung’s new gaming monitor gets rave reviews overseas
Samsung Electronics Co.'s new premium gaming monitor "Odyssey OLED G9" has recently received consecutive praise from major global tech media outlets...
Jul 25, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution expands cobalt supply deal with Canada’s Electra
LG Energy Solution Ltd. has signed a long-term contract to receive additional refined cobalt from Electra Battery Materials Corp. in Canada, in a mo...
Jul 25, 2023 (Gmt+09:00)
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K-pop
BTS member Jungkook’s solo single ‘Seven’ tops Billboard Hot 100
BTS member Jungkook's first solo single, "Seven," has debuted at No. 1 on the US Billboard Hot 100 songs chart.This is only the second time in K-pop...
Jul 25, 2023 (Gmt+09:00)
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Automobiles
No subsidy, no problem: Hyundai, Kia make top 10 US list for EV sales
Hyundai Motor Co. and Kia Corp. in the first half of the year were among the top 10 in sales of battery electric vehicles (EVs) in the US despite re...
Jul 24, 2023 (Gmt+09:00)
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Webtoons
Kakao Piccoma tops in Japanese app market sales in H1 2023
Kakao Piccoma, a Japanese subsidiary of Kakao Japan Corp. and the global leading webtoon platform achieved the top position in the first half of 202...
Jul 21, 2023 (Gmt+09:00)
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Electronics
Samsung, LG rank top in J.D. Power’s appliance satisfaction study
Samsung Electronics Co. and LG Electronics Inc. top ranked in J.D. Power's 2023 US Appliance Satisfaction Study of nine major categories. J.D. ...
Jul 21, 2023 (Gmt+09:00)
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Culture & Trends
BTS’ Beyond the Story tops NYT bestseller list
BTS' first official book "Beyond the Story: 10-Year Record of BTS", published in celebration of 10th Anniversary, topped the New York Times bestse...
Jul 20, 2023 (Gmt+09:00)
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Electronics
Samsung to feature Warner Bros. film trailers via Neo QLED 8K TV
Samsung Electronics Co., the world’s largest TV maker, will feature Warner Bros. Entertainment Inc.’s new movie trailers through its hig...
Jul 20, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet