Korea Semiconductor Academy launched to nurture field workers

The Korea Semiconductor Academy was established Thursday with former SK Hynix CEO Seok-hee Lee at its helm.The launch ceremony was held at the Korea...

NPS shortlists 6 candidates for chief investment officer opening

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund managing 896.6 trillion won ($690.5 billion) as of end-S...

Upbit's decision to delist WEMIX ridiculous, WeMade CEO says

South Korea’s five major cryptocurrency exchanges said on Nov. 24 they will delist WEMIX, Kosdaq-listed game developer WeMade Co.’s cryp...

Polysilicon maker OCI to spin off its major chemical units

OCI Co., South Korea’s lone polysilicon producer, is set to spin off its chemical units and transform itself into a holding company.On Wednesd...

Lotte to replace construction unit CEO due to liquidity crisis

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

Kim Jong-un appears with daughter in public for first time

North Korean leader Kim Jong-un has unveiled for the first time his second child, daughter Ju-ae, who was born in 2013.The Korean Central News Agenc...

Deeping Source turns visual data into info that drives business decisions

Deeping Source Inc., an artificial intelligence (AI) analytics startup, turns real-life visual data into insight that can drive business decisions.&...

Korean startup CEOs’ ethical scandals emerge as major risk factor

Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related misconduct, leading to a lo...

Yanolja to expand overseas business with global partner

South Korea's tourism platform Yanolja is expanding its overseas air and travel operations.Yanolja Cloud, an artificial intelligence-based software ...

Microsoft CEO Nadella to speak at developers' forum in Seoul

Microsoft Korea said on Tuesday that it will host Microsoft Ignite Spotlight on Korea, an annual conference for developers and IT professionals, on ...

TPG to sell off Korean luxury tile firm Nox's parent for $421 mn

US alternative investment manager TPG Inc. is poised to sell a 65% stake in South Korea’s Moleem Corp., the parent of global leading luxury vi...

Korean LED maker marks 100th victory in global patent wars

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...

Ex-LG Elec purchase head named Starkist CEO

Dongwon Group, a South Korean seafood and logistics conglomerate, announced on Monday that it has appointed Um Jae-woong, LG Electronics Inc.’...

Germany’s MBraun, Korean university to co-work on solar cells: CEO

MBraun, an affiliate of Germany’s Indus Holdings AG, plans to invest 1 billion won ($702,000) in a South Korean university as part of a deal t...

KIC to focus on tech ventures, private debt, infrastructure

Korea Investment Corporation (KIC) will continue to look for opportunities in private debt and venture capital investment with mid- to long-term gro...

CJ Group reshuffles CEOs with woman at helm of Olive Young

South Korea’s CJ Group carried out a CEO and executive reshuffle on Oct. 24 around two months earlier than previous year-end promotions to imp...

Principal opens Seoul office to intensify client relationships

US investment firm Principal Global Investors LLC has recently opened a Seoul office to strengthen the firm’s existing client relationships in...

GM may consider producing EVs in South Korea

CHANGWON, South Gyeongsang Province -- General Motors Co. may consider making electric vehicles in South Korea, the country manager said on Wednesda...

Oil prices to remain high, petrochem a concern: GS Caltex CEO

GS Caltex Corp. Chief Executive Hur Sae-hong said on Monday he expects global oil prices, which remain elevated due to geopolitical tensions, won&rs...

Korea's Lotte Chem seeks more M&As for battery materials, CEO says

South Korea’s petrochemical firm Lotte Chemical Corp., which signed a 2.7 trillion won ($1.9 billion) deal to acquire the world’s fourth...

Hanwha Group needs to stay innovative to succeed, CEO says

South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...

Samsung Display debuts world's first 17-inch slidable display PC

South Korea’s Samsung Display Co. announced the world’s first 17-inch slidable display PC prototype at the Intel Innovation developer co...

Korea's Hyundai Mobis CEO Cho elected ISO president

South Korean auto parts maker Hyundai Mobis Co.’s CEO Cho Sung-hwan has been elected as the next president of the International Organization f...

Samsung’s Lee, SoftBank’s Son to discuss partnership on ARM

Samsung Electronics Co. Vice Chairman Jay Y. Lee will meet with Japan’s SoftBank Group Chairman Masayoshi Son next month to discuss a deal reg...

Ford CEO heads to Korea to discuss EV tax credit with LG Energy, SK On

Ford Motor Co. Chief Executive Jim Parley will visit South Korea early next week to meet with chief executives of its battery suppliers LG Energy So...

Typhoon may offer Korea excuse it needs to oust POSCO CEO

South Korea is set to investigate POSCO, the world’s sixth-largest steelmaker, to clarify who is responsible for the damage to its typhoon-hit...

SK Tel CEO says low valuation tops list of his concerns

South Korea’s SK Telecom Co. is undervalued relative to its robust earnings and steady dividend payouts and needs to boost new AI-driven growt...

US chipmaking association chief stresses Chip 4 Alliance not about China

John Neuffer, president and CEO of the United States Semiconductor Industry Association (SIA), visited South Korea earlier this week on the primary ...

Ukraine war gives North Korea reasons to draw closer to Russia

SEOUL—Russia’s invasion of Ukraine has created an opportunity for North Korea, which has strengthened its ties with Moscow and beco...

NPS' new chairman Kim Tae-hyun to start 3-year term

South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp....