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Companies

  • Shipping & Shipbuilding

    HD Hyundai Heavy wins record $463 million warship deal from Peru’s Navy

    South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. said on Friday it has won a $463 million contract to build four warships for Per...

    Mar 29, 2024 (Gmt+09:00)

    2 Min read

  • Banking & Finance

    NH Investment gets APEC Cross Border Privacy Rules

    South Korea's NH Investment & Securities announced Friday that it obtained the global personal information protection certification APEC Cross-B...

    Mar 29, 2024 (Gmt+09:00)

    1 Min read

  • Energy

    Taihan Cable wins $81 mn power network replacement order in US

    South Korea's Taihan Cable & Solution Co. announced on Friday that it secured a project of 110 billion won ($81.5 million) to replace aging po...

    Mar 29, 2024 (Gmt+09:00)

    1 Min read

  • Automobiles

    Hyundai Motor opens N brand tuning online shop

    Hyundai Motor Co. announced on Friday that it opened an online shop for its high-performance car N brand's tuning, The N Performance Shop. The ...

    Mar 29, 2024 (Gmt+09:00)

    1 Min read

  • Shipping & Shipbuilding

    Korea’s HD KSOE, Infineon team up for ship electrification

    South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) joined hands with German chipmaker Infineon ...

    Mar 29, 2024 (Gmt+09:00)

    2 Min read

  • Electronics

    Samsung unveils 2024 TV lineup at Changi Airport

    Samsung Electronics Co. on Thursday hosted an event at Jewel Changi Airport in Singapore to unveil its 2024 new TV lineup, including Neo QLED, organ...

    Mar 29, 2024 (Gmt+09:00)

    1 Min read

  • Markets

    HSBC faces criminal charges for naked shorting in Korea

    South Korean prosecutors on Thursday filed criminal charges against HSBC and three of its traders, accusing them of illegal short selling worth 15.8...

    Mar 28, 2024 (Gmt+09:00)

    2 Min read

  • Advertising & Marketing

    Doosan Robotics, Bodyfriend to collaborate on marketing

    South Korea's Bodyfriend Inc. announced on Thursday that it signed a memorandum of understanding (MOU) with Doosan Robotics Inc. for co-marketing th...

    Mar 28, 2024 (Gmt+09:00)

    1 Min read

  • Electronics

    LG OLED TV's new theme: Empathetic, personalized AI

    LG Electronics Inc., the world’s No. 1 OLED TV producer, defines artificial intelligence as empathetic intelligence for customers. On Wednesda...

    Mar 28, 2024 (Gmt+09:00)

    2 Min read

  • Chemical Industry

    Lotte Chemical applies recycled plastic to packaging

    South Korea's Lotte Chemical announced on Thursday that it has applied recycled materials to all 25 kg packaging bags for polyethylene (PE) and poly...

    Mar 28, 2024 (Gmt+09:00)

    1 Min read

  • Korean startups

    LG Electronics spins off X-UP, 4 other in-house venture firms

    LG Electronics Inc. said on Thursday it is spinning off five promising in-house venture firms as separate entities to strengthen South Korea’s...

    Mar 28, 2024 (Gmt+09:00)

    2 Min read

  • Advertising & Marketing

    HD Hyundai Develon wins iF Design Award

    South Korea's HD Hyundai Infracore Co. announced on Thursday that its construction machinery brand Develon received the grand prize in the branding ...

    Mar 28, 2024 (Gmt+09:00)

    1 Min read

  • Batteries

    POSCO Future M named Fortune Asia Future 30

    South Korea’s POSCO Future M Co. has been named Asia Future 30 by the US economic media Fortune on Mar. 27, according to the company on Thursd...

    Mar 28, 2024 (Gmt+09:00)

    1 Min read

  • Automobiles

    Kia, Hyundai sweep World Car Awards with EV9, IONIQ 5 N

    NEW YORK – Hyundai Motor Group, the world’s No. 3 carmaker, has swept the 2024 World Car Awards, a global premier standard for automotiv...

    Mar 28, 2024 (Gmt+09:00)

    4 Min read

  • Economy

    S.Korea, Thailand launch negotiations for EPA

    South Korean and Thai governments declared the launch of negotiations for the Economic Partnership Agreement (EPA) on Thursday. South Korea’s ...

    Mar 28, 2024 (Gmt+09:00)

    1 Min read

  • Tech, Media & Telecom

    LG CNS, Sinar Mas to form JV in Indonesia

    LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it signed an investment...

    Mar 28, 2024 (Gmt+09:00)

    1 Min read

  • Korean chipmakers

    Samsung set to triple HBM output in 2024 to lead AI chip era

    SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, will likely triple its high bandwidth memory (HBM) chip ...

    Mar 27, 2024 (Gmt+09:00)

    3 Min read

  • Mergers & Acquisitions

    KDB halts KDB Life sale process to take full control

    The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer b...

    Mar 27, 2024 (Gmt+09:00)

    2 Min read

  • Advertising & Marketing

    Nexen Tire partners with San Diego Padres

    South Korea's Nexen Tire Corp. announced on Wednesday that it partnered with US Major League Baseball (MLB) team San Diego Padres.The Padres, founde...

    Mar 27, 2024 (Gmt+09:00)

    1 Min read

  • Corporate strategy

    Hyundai Motor aims for next takeoff with $51 billion investment

    Hyundai Motor Group plans to spend 68 trillion won ($51 billion) and hire 80,000 new employees over three years as South Korea’s top automaker...

    Mar 27, 2024 (Gmt+09:00)

    3 Min read

  • Electronics

    Samsung, Henckels co-develop AI Combo detergent course

    Samsung Electronics Co. announced on Wednesday that it partnered with the global household and industrial goods company Henckels AG to introduce a d...

    Mar 27, 2024 (Gmt+09:00)

    1 Min read

  • Entertainment

    K Enter moves step closer to Nasdaq listing in May

    K Enter Holdings Inc., an umbrella entity of South Korea-based entertainment companies creating original entertainment content and managing related ...

    Mar 27, 2024 (Gmt+09:00)

    2 Min read

  • Automobiles

    Kia wins World's Greatest Auto Disruptors 2024

    Kia Corp. won two categories of the Newsweek World’s Greatest Auto Disruptors Awards with the all-electric EV9 winning Research and Developmen...

    Mar 27, 2024 (Gmt+09:00)

    1 Min read

  • Corporate strategy

    LG Group earmarks $74 bn for 5-year investment in Korea

    LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future ...

    Mar 27, 2024 (Gmt+09:00)

    1 Min read

  • Aerospace & Defense

    S.Korea’s Doosan Enerbility to develop aircraft engines

    South Korea’s major power plant builder Doosan Enerbility Co. plans to develop aircraft engines based on its turbine technology as its new gro...

    Mar 27, 2024 (Gmt+09:00)

    1 Min read

  • ESG

    LG Electronics named Energy Star Partner of 2024

    LG Electronics Inc. has been named 2024 Energy Star Partner of the Year and Sustained Excellence by the US Environmental Protection Agency (EPA) a...

    Mar 27, 2024 (Gmt+09:00)

    1 Min read

  • E-commerce

    CJ Onstyle boosts live commerce unit

    South Korea's CJ OnStyle announced on Wednesday that it broadened its mobile live commerce division by introducing programming, marketing, and new...

    Mar 27, 2024 (Gmt+09:00)

    1 Min read

  • Corporate governance

    Hanmi Science-OCI merger may gain traction with NPS' support

    The merger of South Korea’s pharmaceutical holding firm Hanmi Science Co. and chemicals giant OCI Holdings Co. is likely to gain momentum as N...

    Mar 27, 2024 (Gmt+09:00)

    3 Min read

  • Batteries

    Ferrari, SK On team up to innovate battery technology

    Ferrari S.p.A. joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell technology as the It...

    Mar 27, 2024 (Gmt+09:00)

    1 Min read