Companies
Robotics
Hoban partners with Kakao, Bear Robotics for robot-based services
Sep 06, 2024 (Gmt+09:00)
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Construction
HD Hyundai establishes customization plant in Georgia, US
South Korea's HD Hyundai XiteSolution said on Friday that its construction equipment affiliates HD Hyundai Construction Equipment Co. and HD Hyundai...
Sep 06, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution's AVEL opens ESS power plant in Jeju
South Korea's LG Energy Solution Ltd. said on Friday that its company in company (CIC) AVEL has launched South Korea’s first distribution grid...
Sep 06, 2024 (Gmt+09:00)
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IPOs
Online lender K Bank aims for IPO at $4 bn valuation in Q4
Kbank, a South Korean online bank, is preparing to list on the main bourse Kospi at an estimated value of up to 5 trillion won ($3.8 billion) in the...
Sep 06, 2024 (Gmt+09:00)
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Healthcare
Hyundai Department to triple healthcare sales by 2030 with Nestle
Hyundai Department Store Group, a South Korean conglomerate controlling retail, fashion, healthcare and lifestyle businesses, aims to triple its hea...
Sep 06, 2024 (Gmt+09:00)
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Pension funds
S.Korea's NPS opens fourth overseas office in Silicon Valley
South Korea's National Pension Service (NPS), the world's third-largest pension fund, opened an office in Silicon Valley, San Francisco, on Septembe...
Sep 06, 2024 (Gmt+09:00)
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Electronics
LG Display unveils stretchable display clothing
South Korea's LG Display Co. on Thursday showcased the futuristic clothing and bag concepts featuring stretchable displays at the 2025 S/S Seoul Fas...
Sep 06, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics, TSMC tie up for HBM4 AI chip development
TAIPEI – South Korea’s Samsung Electronics Co., the world’s largest memory chipmaker, is partnering with its foundry rival Taiwan ...
Sep 05, 2024 (Gmt+09:00)
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Tech, Media & Telecom
South Korean developers fret over inflow of Indian talent
South Korea is opening its doors wide to Indian developers, causing some concerns that the inflow of highly talented software developers from the So...
Sep 05, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record August US sales, driven by hybrids, EVs
South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales in August rise to all-time highs, driven by eco-frien...
Sep 05, 2024 (Gmt+09:00)
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Electric vehicles
Mercedes-Benz EV sales tumble in South Korea after fire
German luxury carmaker Mercedes-Benz AG suffered a nosedive in EV sales in South Korea in August after a fire broke out in one of its electric vehic...
Sep 05, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy passes Int'l Risk Management Standard audit
Samsung Heavy Industries, a leading South Korean shipbuilder, announced on Thursday that it has become the first in the Korean shipbuilding industry...
Sep 05, 2024 (Gmt+09:00)
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ESG
LG Group publishes 2023 ESG Report
LG Group announced on Thursday that it has published the "2023 ESG Report," detailing its sustainability management achievements in 2023 and its fut...
Sep 05, 2024 (Gmt+09:00)
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Banking & Finance
Hana Bank opens overseas office in Monterrey, Mexico
Hana Financial Group announced on Thursday that it opened the Monterrey Office, the first business channel of Hana Bank Mexico, in Monterrey, Mexico...
Sep 05, 2024 (Gmt+09:00)
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Batteries
Lotte Energy completes pilot plant for solid-state battery electrolyte
Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, has completed a pilot plant for the production of sulfide...
Sep 05, 2024 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young, Musinsa rivalry heats up in Brooklyn of Seoul
South Korea’s top beauty chain CJ Olive Young Corp. is turning up the heat against Musinsa to contain the rise of the country’s No. 1 on...
Sep 05, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom partners with Perplexity to level up conversational search
South Korea's largest telecom company SK Telecom Co. will enhance its conversational search services through a partnership with US AI search startup...
Sep 05, 2024 (Gmt+09:00)
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Korean stock market
Korea Investment Management to launch two India-focused ETFs
Korea Investment Management said on Wednesday it will launch two active exchange-traded funds (ETFs) targeting the Indian market on September 10.The...
Sep 05, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha signs MOU with WB Group for $2 bn Polish submarine project bid
Hanwha Ocean Co. said on Wednesday it has signed an initial agreement on business cooperation with Polish defense firm WB Group to raise its chances...
Sep 04, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix up the ante on HBM to enjoy AI memory boom
TAIPEI – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are racing to supply their advanced DRAM ...
Sep 04, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution sells upcycled products
South Korea's LG Energy Solution Ltd. said on Wednesday that it has started selling upcycled products made from waste separators through Naver&rsq...
Sep 04, 2024 (Gmt+09:00)
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Food & Beverage
Samyang to cement lead in South Korean allulose market
Samyang Corp., a 100-year-old South Korean chemical and food ingredient-manufacturer, is poised to cement its leadership in the Korean allulose mark...
Sep 04, 2024 (Gmt+09:00)
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Retail
E-Mart, CJ CheilJedang to beef up strategic partnership
CJ CheilJedang Corp., South Korea’s largest food company, said on Wednesday it will increase the number of food products exclusively launched ...
Sep 04, 2024 (Gmt+09:00)
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Business & Politics
Hyundai Motor Group to nurture young talent in Indonesia
Hyundai Motor Group said on Wednesday that it held the inaugural ceremony for the first cohort of H-Jump School Indonesia in Jakarta, Indonesia, the...
Sep 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai Transys tops JD Power's car seat quality evaluation
South Korea's Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, said on Wednesday that it ranked first for the first time in the...
Sep 04, 2024 (Gmt+09:00)
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Korean startups
Hudson AI dreams of a world without language barriers
South Korean startup Hudson AI is striving to break language barriers with its artificial intelligence-powered voice dubbing technology, enabling gl...
Sep 04, 2024 (Gmt+09:00)
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Korean startups
LVMH, OpenAI, LG deepen ties with S. Korean startups
South Korean startups and established corporations are seeking to deepen their partnerships to ensure win-win outcomes, by tapping into funds and ot...
Sep 04, 2024 (Gmt+09:00)
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Electronics
LG Elec unveils gram laptop featuring Intel Series 2
LG Electronics Inc. unveiled its latest LG gram laptop on Wednesday, powered by Intel's new Intel Core Ultra processor (Series 2) during an ...
Sep 04, 2024 (Gmt+09:00)
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Companies
Naver D2SF invests in two N.American AI startups
South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) invested in two North American AI startups founded...
Sep 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus unveils new AI serivice for IPTV
South Korea's LG Uplus Corp. unveiled its Media Agent, an artificial intelligence (AI) service for Internet TV (IPTV).The company's AI assistant is ...
Sep 04, 2024 (Gmt+09:00)
1 Min read
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