S.Biomedics gets approval for Parkinson's disease clinical trials

S.Biomedics gets approval for Parkinson's disease clinical trials

South Korea's biomedicine firm S.Biomedics said on Friday that it has won approval from the Ministry of Food and Drug Safety for phase 1 and 2a clin...

Kookmin Card acquires Cambodian leasing firm at $5.2 mn

Kookmin Card acquires Cambodian leasing firm at $5.2 mn

KB Kookmin Card, a credit card unit of KB Financial Group, and its Cambodian local subsidiary KB Daehan Specialized Bank, acquired the Southeast Asi...

S.Korea to extend trading hours of local forex market

S.Korea to extend trading hours of local forex market

South Korea will extend the trading hours for the local foreign exchange market to attract overseas investors and improve the trading system so that...

Hyundai IONIQ 6 honored as safest family car in Europe

Hyundai IONIQ 6 honored as safest family car in Europe

Hyundai Motor Co.'s  first fully electric sedan IONIQ 6 has been named the safest family car in Europe.Hyundai Motor on Friday said the Europea...

LG Innotek eyes top spot in FC-BGA substrate market

LG Innotek eyes top spot in FC-BGA substrate market

South Korea’s LG Innotek Co. will boost the production of its flip chip ball grid array (FC-BGA) packages, or high-density package substrates,...

Samsung’s new 5 nm high-performance SSD faster, uses less power

Samsung’s new 5 nm high-performance SSD faster, uses less power

Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it is ready to produce in large quantities PM9C1a, its latest ...

LG Chem to recycle marine wastes to produce plastics

LG Chem to recycle marine wastes to produce plastics

South Korea's largest chemicals company LG Chem Ltd. signed a memorandum of understanding (MOU) with a domestic resource circulation start-up Netspa...

Hyundai’s Chung Euisun named MotorTrend’s Person of the Year

Hyundai’s Chung Euisun named MotorTrend’s Person of the Year

Chung Euisun, chairman of South Korea’s Hyundai Motor Group, has been named Person of the Year by MotorTrend, topping the prestigious US autom...

POSCO Chemical moves into activated carbon business

POSCO Chemical moves into activated carbon business

POSCO Chemical Co. will join hands with Dong-Suh Chemical Industries Co. Ltd. to move into the activated carbon business, an eco-friendly material f...

Webtoon company YLAB files preliminary listing review for Kosdaq

Webtoon company YLAB files preliminary listing review for Kosdaq

YLAB, a South Korean content company specializing in the production, distribution, and translation of webtoons, is moving to go public this year.Acc...

PIF, GIC to invest $964 mn in Korea's Kakao Entertainment

PIF, GIC to invest $964 mn in Korea's Kakao Entertainment

Saudi Arabia’s Public Investment Fund (PIF) and Singapore’s sovereign wealth fund GIC have agreed to invest a combined $964 million in K...

Samsung, SK Hynix to benefit from Intel’s Sapphire Rapids CPU

Samsung, SK Hynix to benefit from Intel’s Sapphire Rapids CPU

The much-awaited launch of Intel Corp.’s latest processors dubbed Sapphire Rapids is a boon for leading memory chipmakers such as Samsung Elec...

Samsung Biologics receives Terra Carta Seal

Samsung Biologics receives Terra Carta Seal

Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it was awarded the Sustainable Markets Initiative’s Ter...

11 Hyundai Motor Group products receive US' Good Design Awards

11 Hyundai Motor Group products receive US' Good Design Awards

Hyundai Motor Group on Wednesday said 11 of its products won honors at this year's Good Design Awards of the US.The honors are jointly selected by t...

Katech signs self-driving R&D agreement with SwRI in US

Katech signs self-driving R&D agreement with SwRI in US

The Korea Automotive Technology Institute (Katech) said on Tuesday that it will join hands with the Southwest Research Institute (SwRI) of the Unite...

Celltrion Healthcare lands biosimilar deal in Brazil for 2nd straight year

Celltrion Healthcare lands biosimilar deal in Brazil for 2nd straight year

South Korea's Celltrion Healthcare Co. on Tuesday said that for the second straight year, it landed an order for infliximab, an antibody used to tre...

POSCO to enter palm oil refining market in Indonesia

POSCO to enter palm oil refining market in Indonesia

POSCO International Co., a trading arm of South Korea’s steel giant POSCO Co., will build a palm oil refining plant in Indonesia to foray into...

Korea’s secondhand car market cools amid elevated interest rates

Korea’s secondhand car market cools amid elevated interest rates

South Korea’s secondhand car market is cooling rapidly as both dealers and buyers are reeling from elevated interest rates, which also bode il...

Japanese carmaker adopts metal-replacing plastic from LG Chem

Japanese carmaker adopts metal-replacing plastic from LG Chem

A new engineering plastic made of the compound material LUCON TX5007 and developed by South Korea's LG Chem Ltd. has been applied to the front fende...

S-1 calls AI video solutions core of this year's AI security market

S-1 calls AI video solutions core of this year's AI security market

Access management of facial recognition needs the most improvement this year and artificial intelligence (AI)-based solutions such as intelligent cl...

Korean activist fund KCGI buys Meritz Asset Management

Korean activist fund KCGI buys Meritz Asset Management

A consortium led by Korea Corporate Governance Improvement Fund (KCGI), a local activist fund, said on Jan. 9 it signed a share purchase agreement l...

Korea's SK On scraps $3.2 bn Turkey EV battery factory plan

Korea's SK On scraps $3.2 bn Turkey EV battery factory plan

SK On Co., the world’s No. 5 electric vehicle battery maker, dropped a plan to build a 4 trillion won ($3.2 billion) plant in Turkey as higher...

Hyundai's Genesis beats rival Infiniti in US car sales

Hyundai's Genesis beats rival Infiniti in US car sales

Genesis, Hyundai Motor Group's premium sub-brand, sold more car units in the US last year than its Japanese rival Infiniti.Genesis sold a record-hig...

Samsung’s Q4 profit tumbles; cuts 2023 chip profit forecast by half

Samsung’s Q4 profit tumbles; cuts 2023 chip profit forecast by half

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, posted its worst quarterly operating profit in eight years on F...

Hyundai, Kia beat Honda to rank 5th in US market

Hyundai, Kia beat Honda to rank 5th in US market

Hyundai Motor Co. and Kia Corp. kept their fifth place in sales in the US market for the second consecutive year. Despite production setbacks due to...

Daewoong, Onchorus to undertake research on mRNA anticancer drugs

Daewoong, Onchorus to undertake research on mRNA anticancer drugs

Daewoong Pharmaceutical said on Thursday that it has signed a joint R&D and commercialization agreement with America's biopharmaceutical venture...

Hyundai's Nexo keeps 1st place in hydrogen car market beating Toyota

Hyundai's Nexo keeps 1st place in hydrogen car market beating Toyota

Hyundai Motor Co.'s hydrogen fuel cell car model Nexo far surpassed Toyota in the world's market share. According to SNE Research, a market research...

S.Korea’s IPO market sours as Kurly postpones listing

S.Korea’s IPO market sours as Kurly postpones listing

South Korea’s initial public offering market has soured as gourmet food delivery platform Kurly Inc. delayed its listing amid deteriorating in...

Hyundai’s Supernal, Microsoft to collaborate on UAM projects

Hyundai’s Supernal, Microsoft to collaborate on UAM projects

Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., and US tech giant Microsoft Corp. have agreed...

Novarex, Riman sign agreement to jointly develop health-functional food

Novarex, Riman sign agreement to jointly develop health-functional food

South Korea's health functional foods company Novarex and cosmetics company Riiman Korea met to promote the health-functional foods business togethe...

Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media