Companies
-
Shipping & Shipbuilding
HMM to spend $17.5 bn by 2030 to double cargo capacity
HMM Co., South Korea’s largest ocean carrier, said on Tuesday it will spend 23.5 trillion won ($17.5 billion) by 2030 to nearly double its car...
Sep 10, 2024 (Gmt+09:00)
2 Min read -
Tech, Media & Telecom
Samsung expands AI horizon with B2B-specific SmartThings Pro
BERLIN – South Korean tech giant Samsung Electronics Co. is entering the AI-powered business-to-business connectivity platform market with its...
Sep 10, 2024 (Gmt+09:00)
3 Min read -
Batteries
Samsung SDI relinquishes polarizer film unit for $834 mn
Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business t...
Sep 10, 2024 (Gmt+09:00)
3 Min read -
Korean games
NCSOFT distributes four Sony game titles in S.Korea
South Korea’s gaming giant NCSOFT Corp. will distribute four popular titles in South Korea through a partnership with Sony Interactive Enterta...
Sep 10, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
SPC, SK Telecom to collaborate on AI business
South Korea's SPC Group and SK Telecom Co. signed a memorandum of understanding (MOU) to collaborate in various areas such as membership and busines...
Sep 10, 2024 (Gmt+09:00)
1 Min read -
Energy
SK E&S creates value chain from FPSO, gas field project to carbon capture
SINGAPORE – At Seatrium Admiralty Yard on Jurong Island, southwest of Singapore, some 2,000 workers are busy welding gas pipes and doing other...
Sep 10, 2024 (Gmt+09:00)
3 Min read -
Beauty & Cosmetics
APR enters UK cosmetics market
South Korea's cosmetic and clothing company APR said on Monday that it entered PureSeoul, a UK-based distributor specializing in K-beauty.PureSeoul ...
Sep 10, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
Korea’s AI, robot startups shine despite funding drought
South Korea’s artificial intelligence and robotics startups raised more money through seed rounds than other sectors in August although invest...
Sep 10, 2024 (Gmt+09:00)
2 Min read -
Bio & Pharma
Celltrion chairman announces venture into CDMO market
South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development and manufacturing organization (CDMO) market, the com...
Sep 09, 2024 (Gmt+09:00)
2 Min read -
Bio & Pharma
Lotte to restructure bio business to focus on CDMO
South Korea’s retail-to-chemical conglomerate Lotte Group will restructure its bio business to focus on the profit-making medicine bio develop...
Sep 09, 2024 (Gmt+09:00)
2 Min read -
Electronics
LG Electronics to boost mass market presence vs Chinese peers
BERLIN – LG Electronics Inc., the world's largest home appliances maker, will adjust its premium-oriented strategy to expand its mass market p...
Sep 09, 2024 (Gmt+09:00)
3 Min read -
Batteries
EcoPro, China’s GEM to build cathode complex in Indonesia
South Korea’s leading electric vehicle cell materials producer EcoPro Group joined hands with the world’s second-largest precursor manuf...
Sep 09, 2024 (Gmt+09:00)
2 Min read -
Tech, Media & Telecom
KT applies AIoT video surveillance to EV charging stations
South Korea's KT Corp. said on Monday that it will expand its Artificial Intelligence Internet of Things (AIoT) video surveillance business to elect...
Sep 09, 2024 (Gmt+09:00)
1 Min read -
Korean chipmakers
Samsung strives to prevent musculoskeletal disorders in the workplace
Samsung Electronics Co., the world’s largest memory chipmaker, is striving to prevent musculoskeletal disorders (MSDs) in its workplace to imp...
Sep 09, 2024 (Gmt+09:00)
2 Min read -
Batteries
SK Ecoplant sells off stake in Ascend Elements for $98 million
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, has unloaded all its holdings in US-based lith...
Sep 09, 2024 (Gmt+09:00)
4 Min read -
Energy
Daewoo E&C reorganizes its nuclear-related division
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) has expanded and reorganized its nuclear-related division following its sel...
Sep 09, 2024 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Hanwha Systems, WB Group to collaborate on SAR satellites
South Korea's Hanwha Systems Co. said on Monday that it signed a mid- to long-term business cooperation memorandum of understanding (MOU) for space ...
Sep 09, 2024 (Gmt+09:00)
1 Min read -
Korean chipmakers
Tokyo Electron: Chip machinery giant with ‘tireless animal spirit’
TOKYO – In the 1980s, Japanese chipmakers dominated the world’s semiconductor industry.Companies like NEC, Toshiba, Fujitsu and Mitsubis...
Sep 09, 2024 (Gmt+09:00)
6 Min read -
Automobiles
Hyundai's Casper, Tesla boost Korea’s online car sales
South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising internet...
Sep 09, 2024 (Gmt+09:00)
3 Min read -
Electronics
Samsung 2024 TVs earn VDE certification for picture quality
Samsung Electronics Co. said on Monday that seven of its 2024 TV models, including Neo QLED 8K and Neo QLED series, have received picture quality ...
Sep 09, 2024 (Gmt+09:00)
1 Min read -
Automobiles
Hyundai IONIQ 6 named best EV by Kelley Blue Book
Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the best electric vehicle (EV) by Kelley Blue Book, the US vehicle valuation and automotiv...
Sep 09, 2024 (Gmt+09:00)
1 Min read -
Automobiles
Nexen Tire N'FERA Supreme surpasses 1 mn sales
South Korea’s Nexen Tire Corp. said on Sunday its premium high-performance all-season tire N’FERA Supreme has exceeded 1 million cumulat...
Sep 09, 2024 (Gmt+09:00)
1 Min read -
Corporate strategy
Lotte to foster Pepero as global brand by 2035: Chairman Shin
Lotte Group has selected Pepero — a thin chocolate-covered stick cookie — as the first brand that it will foster into one of the world&r...
Sep 08, 2024 (Gmt+09:00)
2 Min read -
Energy
SK Earthon wins 2nd oil field exploration bid in Malaysia
SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korean energy giant SK Innovation Co., is accelerating its g...
Sep 08, 2024 (Gmt+09:00)
3 Min read -
Robotics
Samsung’s Ballie, LG's Q9 AI robots steal the show at IFA 2024
BERLIN – Ballie, the artificial intelligence-powered companion robot developed by Samsung Electronics Co., has come a long way since the South...
Sep 06, 2024 (Gmt+09:00)
2 Min read -
Logistics
Hanjin, China's AWOT set up e-commerce logistics JV
Hanjin Transportation Co., a South Korean logistics company, said on Friday it has established an e-commerce logistics joint venture with China&rsqu...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Tech, Media & Telecom
LG’s telecom unit looks to lure foreigners with more K-pop-themed shops
LG Uplus Corp., South Korea’s No. 3 mobile carrier, is set to lure foreign customers by opening K-pop-themed stores in the country's major sho...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
Pulley Campus, Yonsei Univ. to co-work on educational AI services
Freewheelin, which operates the AI courseware Pulley Campus for university education, said on Friday that it signed an industry-academia cooperation...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Automobiles
Hankook Tire to develop AI-based tire pattern generation models
Hankook & Company Co., the holding company of South Korea’s largest tire maker Hankook Tire & Technology Co., said on Friday that it s...
Sep 06, 2024 (Gmt+09:00)
1 Min read
Latest News