SK Telecom identifies illegal drones using AI

SK Telecom identifies illegal drones using AI

South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal drones using artifici...

Samsung Asset publishes brokerage ISA guidebook

Samsung Asset publishes brokerage ISA guidebook

South Korea's Samsung Asset Management announced on Thursday that it newly published the KODEX Brokerage ISA Investment Guidebook for individual inv...

Kakao Games to raise $203 mn in bonds convertible to Krafton shares

Kakao Games to raise $203 mn in bonds convertible to Krafton shares

Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., is set to issue an estimated 280 billion won ($203.2 million) wort...

Hyundai to unveil wearable device for car manufacturing

Hyundai to unveil wearable device for car manufacturing

Hyundai Motor Group, the world’s third-largest automaker, plans to unveil a wearable device for car manufacturing designed to improve producti...

More luxury brands seek Korean market on sales surge

More luxury brands seek Korean market on sales surge

South Korea’s luxury goods market, estimated at around $7.1 billion, is experiencing a surge in demand led by affluent consumers in their 40s ...

Korea mulls tripling NPS' advance dollar funding limit

Korea mulls tripling NPS' advance dollar funding limit

South Korea is considering tripling the maximum amount of dollars the National Pension Service (NPS) can buy from the domestic foreign exchange mark...

POSCO E&C, KAERI to collaborate on HTGR techs

POSCO E&C, KAERI to collaborate on HTGR techs

South Korea's POSCO E&C said on Monday that it signed a memorandum of understanding (MOU) with the Korea Atomic Energy Research Institute (KAERI...

Samsung to mass-produce HBM4 on 4 nm foundry process

Samsung to mass-produce HBM4 on 4 nm foundry process

Samsung Electronics Co., the world’s top memory chipmaker, plans to use its cutting-edge 4-nanometer (nm) foundry process for the mass product...

Mirae Asset's India Billion Consumer ETF surpasses $150 mn in net assets

Mirae Asset's India Billion Consumer ETF surpasses $150 mn in net assets

South Korea's Mirae Asset Global Investments said on Thursday that the net assets of its TIGER India Billion Consumer ETF surpassed 200 billion wo...

Lotte Home Shopping's Bellygom debuts in Taiwan, Japan

Lotte Home Shopping's Bellygom debuts in Taiwan, Japan

South Korea's Lotte Home Shopping announced on Wednesday that its character Bellygom will enter the Taiwanese and Japanese content market,following ...

KTO holds Visit Korea Alliance exhibition for foreigners

KTO holds Visit Korea Alliance exhibition for foreigners

The Korea Tourism Organization (KTO) announced on Monday that it will hold a VK Alliance Products and Services Special Exhibition for foreigners thr...

Meritz to return 50% of net profit to shareholders

Meritz to return 50% of net profit to shareholders

Meritz Financial Group Inc. became the first South Korean financial holding company to unveil a concrete shareholder return plan, pledging to alloca...

Korea Eximbank provides $810 mn credit to Bangladesh

Korea Eximbank provides $810 mn credit to Bangladesh

The Export-Import Bank of Korea (Eximbank) announced on Sunday that it will provide a credit of $810 million for the construction of the Karnaphuli ...

KHNP builds i-SMR operation simulator

KHNP builds i-SMR operation simulator

Korea Hydro & Nuclear Power (KHNP) announced on Friday that it established a simulator at its central research center to verify the operational ...

Upstage, Amazon to cooperate on AI solutions

Upstage, Amazon to cooperate on AI solutions

Upstage, South Korea’s artificial intelligence startup, announced on Thursday that it signed a multi-year strategic collaboration agreement (S...

Woori adopts Samsung culture index for internal controls

Woori adopts Samsung culture index for internal controls

Woori Financial Group has adopted Samsung Electronics Co.'s Samsung Culture Index (SCI) to tighten its internal controls, which will be given more w...

Hyundai Motor debuts 2025 Avante with improved cluster space use

Hyundai Motor debuts 2025 Avante with improved cluster space use

Hyundai Motor Co. announced on Thursday that it has launched the updated model of the compact sedan, 2025 Avante, and has begun full-scale sales.Sin...

CJ CheilJedang makes alternative flour with wheat bran

CJ CheilJedang makes alternative flour with wheat bran

South Korean food giant CJ CheilJedang Corp. has engaged in an upcycling business by utilizing wheat bran, previously discarded as a milling byprodu...

Jeju casinos, hotels bask in return of Chinese tourists; luxury shops fall

Jeju casinos, hotels bask in return of Chinese tourists; luxury shops fall

Following the pandemic, hotels and casinos are enjoying a renewed tourist boom with Chinese tourists returning to South Korea, particularly its top ...

Noul, CDC to start Malaria diagnosis project in Kenya

Noul, CDC to start Malaria diagnosis project in Kenya

South Korea's Noul Co., an in-vitro diagnostics maker and artificial intelligence (AI)-based blood and cancer diagnostic platforms company, said o...

Hyundai Motor to produce Genesis cars in Kazakhstan

Hyundai Motor to produce Genesis cars in Kazakhstan

Hyundai Motor Group will produce Genesis models from its knock-down (KD) plant in Kazakhstan to bolster the South Korean auto giant’s luxury m...

Innocean produces Hyundai Motor ad using GenAI

Innocean produces Hyundai Motor ad using GenAI

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, said on Friday that it launched three new digital campaigns...

LG CNS launches AI-driven smart farm using satellite

LG CNS launches AI-driven smart farm using satellite

A new AI-powered smart farm utilizing satellite imagery to detect crop diseases and recommend treatment strategies is now operational, LG CNS Co., a...

LG Uplus’ AI ixi to be available on Instagram

LG Uplus’ AI ixi to be available on Instagram

LG Uplus Corp. will enable its artificial intelligence ixi on Instagram later this year to allow more people to have easy access to the most sensati...

S.Korean IT companies partner with K-pop girl groups

S.Korean IT companies partner with K-pop girl groups

South Korean game companies like Krafton Inc. and Nexon Korea Corp., and telecom firms such as SK Telecom Co., are collaborating with K-pop girl gro...

Samsung to offer AI features in Galaxy Z6 foldable series

Samsung to offer AI features in Galaxy Z6 foldable series

Samsung Electronics Co. will power its Galaxy Z6 series due to be unveiled next month with mobile AI technology, including a live translation featur...

Shinsegae Dept. Store to sell luxury wines in Gangnam

Shinsegae Dept. Store to sell luxury wines in Gangnam

South Korean retail giant Shinsegae Group is set to sell luxury wines with price tags up to tens of thousands of dollars in Seoul, as demand for pre...

Nvidia co-leads Series A round for AI startup Twelve Labs

Nvidia co-leads Series A round for AI startup Twelve Labs

Global chip giant Nvidia Corp. has co-led a $50 million Series A funding round for Twelve Labs, a South Korean artificial intelligence company speci...

CJ Logistics, Libiao Robotics partner to co-work for robotic system

CJ Logistics, Libiao Robotics partner to co-work for robotic system

South Korea's CJ Logistics said on Tuesday that it signed a memorandum of understanding (MOU) to establish a strategic partnership with global rob...

Korea’s Kakao Mobility unveils global ride-hailing app to court Uber

Korea’s Kakao Mobility unveils global ride-hailing app to court Uber

Kakao Mobility Corp., South Korea’s top ride-hailing service provider, on Tuesday introduced the release of its global app, taking on global g...

Shinsegae chair tapped to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial