Samsung Electro-Mechanics to benefit as COVID-19 slams competitors
Samsung Electro-Mechanics is expected to benefit as the COVID-19 has hit its competitors in the global multi-layer ceramic capacitor (MLCC) market.T...
Kolon enters private space business with composite materials
Kolon will be the next major South Korean business group to join the race in the fast-growing space sector by developing and making light composite ...
SM to absorb music production unit before founder's stake sale
SM Entertainment Co., a South Korean music powerhouse, will absorb a music production company wholly owned by its founder and chief producer Lee Soo...
SM Lab develops cathode with 98% nickel, industry’s highest density
SM Lab, a South Korean battery material startup, has developed a cathode with 98% nickel content, the highest density ever for rechargeable batterie...
Baby Shark creator eyes 2022 listing, begins due diligence
South Korea-based edtech startup SmartStudy, the creator of YouTube's current most-viewed video, Pinkfong Baby Shark Dance, has begun preparations f...
LG Energy Solution to speed up IPO process for October listing
LG Energy Solution Ltd. aims to accelerate the process for South Korea’s largest-ever initial public offering that is expected to raise more t...
S.Korean telcos accelerate diversification amid strong Q2
South Korea’s two largest telecom companies, SK Telecom Co. and KT Corp., have both delivered strong second-quarter results driven by rapid gr...
Hanwha Solutions acquires French renewable firm RES for $860 million
Hanwha Solutions Corp., the energy unit of chemicals-to-financial conglomerate Hanwha Group, is acquiring a 100% stake in RES Mediterranee SAS, a Fr...
Korean govt to spend $1.9 billion to become world’s leading vaccine maker
The South Korean government will invest 2.2 trillion won ($1.9 billion) by 2025 to become a top five vaccine producer in the world. President Moon J...
Carmakers log strong profits despite chip shortage
Global carmakers such as Stellantis N.V., BMW, Ford Motor Co. and Hyundai Motor Group surprised investors with strong earnings despite the automotiv...
Kolon Industries posts strong Q2 results with growth in all key areas
Kolon Group’s industrial materials maker Kolon Industries Inc. saw a quarterly operating profit over 100 billion won ($87 million) for the fir...
Apple adds LG Elec to iPhone vendor list in Korea
LG Electronics Inc. will begin to sell Apple Inc.'s iPhone at its retail stores across South Korea from mid-August, as the Korean home appliance mak...
Shinsegae enters alternative meat market with own brand
South Korea’s retail conglomerate Shinsegae Group’s food affiliate Shinsegae Food Inc. has entered the fast-growing alternative meat mar...
Samsung SDI to build EV battery plant in US
Samsung SDI Co. plans to set up an electric vehicle (EV) battery plant in the US, joining South Korean battery producers’ move to gain ground ...
LS Cable to build Korea’s tallest cable production tower, invest $161 million
LS Cable & System Ltd. is investing 185.9 billion won ($161 million) to expand its high-voltage underwater cable manufacturing facilities, inclu...
4by4's AI solution for high-def video content lures metaverse players
Displays are everywhere – refrigerators, automobiles, and even robots. And this display boom has sparked a fresh opportunity for 4by4 Inc., a ...
SK Materials to form a JV with US battery startup Group14 Technologies
SK Materials Co., SK Group’s industrial gas manufacturing arm, will set up a joint venture (JV) with a US battery materials startup Group14 ...
LG Chem to invest $8.7 bn in battery material, renewable, bio sectors
LG Chem Ltd., South Korea’s top chemical maker, said on Wednesday it will invest 10 trillion won ($8.7 billion) in the battery material, renew...
Samsung courts image sensor leader Sony with new automotive products
Samsung Electronics Co., the world’s second-largest image sensor maker, is courting industry leader Sony Corp. with its new line of automotive...
Strong China sales lift Cosmax shares 20% in two months
Korea’s leading cosmetics manufacturer Cosmax Inc.’s share price is skyrocketing this year, thanks to the company's strong performance i...
SK Hynix joins Micron in 4th-gen 10nm DRAM production
SK Hynix Inc. has kicked off mass production of its 8 Gigabit (Gb) LPDDR4 mobile DRAM chips based on the 1a nanometer (1anm) node, according to the ...
Netflix joins hands with Dexter Studios for visual, sound effects
Netflix Inc. has entered into a two-year partnership with South Korea's leading post-production studio which creates digital images and mixes sound ...
Lotte Chemical to double LPG use as petchem makers diversify feedstock
South Korean Lotte Chemical Corp. plans to double liquefied petroleum gas (LPG) use for ethylene production by next year as the domestic industry ru...
Paint makers lure MZers with YouTube stars, fashion brand
A car pulls in front of an old warehouse. In funky and vivid outfits and holding various tools in their hands, five boys and girls from the Ambiguou...
Samsung, Hanwha Q Cells to offer IoT home energy solutions in US, EU
Samsung Electronics Co. and South Korea’s leading solar panel maker Hanwha Q Cells Co. have joined hands to provide smart home energy solution...
HYBE CEO steps down to focus on music production
BTS agency HYBE’s founder Bang Si-hyuk will resign from his position as CEO to focus on music production. HYBE said that Bang will remain as c...
SK Siltron to ramp up wafer production from 2022
SK Group’s silicon wafer affiliate SK Siltron Co. is planning to expand wafer production facilities amid growing demand from the global chip m...
Atlas Labs makes it easy to transcribe phone calls via AI technology
South Korean startup Atlas Labs is making it easier for people to keep track of their phone conversations via Switch, an app that uses artificial in...
Impressivo to bridge fitness and healthcare industry via sensing technology
San Francisco-based startup Impressivo is seeking partnerships in the fitness and healthcare sector as the company aims to bridge the fitness and he...
Edge computing revolution to fuel Korea’s growth over the next decade
Korea’s leading firms across multiple industries, from consumer electronics to agricultural equipment, are widening the use of edge computing ...
