Detroit Three automakers
Scope
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Automobiles
Kia unveils The New Sorento's design
Kia Corp. unveiled "The New Sorento," the latest model of their mid-sized sports utility vehicle (SUV) on Tuesday. The redesigned SUV reflects Kia's...
Jul 25, 2023 (Gmt+09:00)
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Bio & Pharma
Kwangdong to sell exclusively three global rare disease drugs
South Korean pharmaceutical company Kwangdong Pharmaceutical announced on Monday that it signed an agreement for securing exclusive sales and distri...
Jul 24, 2023 (Gmt+09:00)
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Bio & Pharma
Clinomics releases equipment that quickly finds lung cancer mutations
Clinomics, a South Korean biotech company specializing in liquid biopsies, on Thursday said it developed equipment that can detect four types of l...
Jul 21, 2023 (Gmt+09:00)
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Airlines
Korean Air resumes flights from Busan to Japan after three-year suspension
Korean Air Lines Co., the largest airline and flag carrier of South Korea, said on Tuesday that it would resume its operations on the Busan-Fukuoka ...
Jul 19, 2023 (Gmt+09:00)
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Travel & Leisure
Art luxury hotel reopened at Paradise City in Incheon
The casino complex Paradise City in Incheon on Saturday will reopen Hotel Art Paradiso at its integrated resort on Yeongjong Island. Closed in July ...
Jul 14, 2023 (Gmt+09:00)
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Korean games
Kia opens e-sports pop-up store Earth 6A3
Kia Corp. said on Thursday that it has officially launched its pop-up store of e-sports "Earth 6A3" in Seongsu-dong, Seoul. With a primar...
Jul 13, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Secondhand LNG carrier prices hit record high; prospects rosy
Prices of secondhand liquefied natural gas (LNG) carriers are flying high, close to new LNG ship prices, amid tighter environmental regulations and ...
Jul 12, 2023 (Gmt+09:00)
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Food & Beverage
Starbucks to offer super-size Trenta drinks in S.Korea
Starbucks will roll out its biggest size for iced drinks, the Trenta, next week in South Korea, which was chosen as its first overseas market to int...
Jul 12, 2023 (Gmt+09:00)
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Korean startups
Ad-tech unicorn Moloco’s endeavor to unlock potential continues
SILICON VALLEY – Moloco Inc., a Silicon Valley-based ad-tech solution startup valued at more than $2 billion, is dreaming big to become a vers...
Jul 10, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain releases new AI artist Karlo 2.0
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., revealed its latest AI image generation model Karlo 2....
Jul 10, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures $319 mn contract for three VLGC
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., announced on Friday tha...
Jul 07, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Beauty markets in three NE Asian nations split into cheap, small luxury
The beauty markets of South Korea, China and Japan are split into cost-effective products of under $10 and "small luxury" items like premium perfume...
Jul 07, 2023 (Gmt+09:00)
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Batteries
Kia to begin EV battery subscription service pilot project
South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...
Jul 04, 2023 (Gmt+09:00)
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Leadership & Management
POSCO’s Choi traverses Canada, US to pitch for battery material projects
Choi Jeong-woo, chairman of South Korea’s largest steel group POSCO, is crisscrossing Canada and the US to meet with politicians and business ...
Jun 28, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to build logistics centers in US with $416 mn investment
CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an estimated investment of...
Jun 28, 2023 (Gmt+09:00)
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Webtoons
S.Korea's Naver Webtoon to expand IP-based operations
South Korea's Naver Webtoon is selling its online intellectual property (IP)-based webtoon products on the offline market to expand its webtoon IP o...
Jun 27, 2023 (Gmt+09:00)
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Automobiles
Three-fifths of Kia EV9 pre-order customers are new to Kia
About 60 percent of reservations for the EV9, Kia Corp.'s large electric SUV, are first-time buyers for the brand."Sixty percent of the individual c...
Jun 26, 2023 (Gmt+09:00)
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Culture & Trends
S.Korean content biz event in Indonesia targets SE Asian consumers
An export conference for South Korean content this week in Jakarta, Indonesia, targeted the Southeast Asian market's population of 600 million.The I...
Jun 23, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea urges ramen makers to cut prices to ease inflation
South Korean instant noodle makers are considering price cuts for the first time in 13 years pressured by the government, which aims to further ease...
Jun 19, 2023 (Gmt+09:00)
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Food & Beverage
CJ to open pop-up Korean restaurant for promising chefs in Seoul
South Korean food giant CJ CheilJedang Corp. in the second half of the year will open a pop-up Korean restaurant for up-and-coming chefs on the upsc...
Jun 12, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells sweeps global solar energy industry awards
Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...
Jun 08, 2023 (Gmt+09:00)
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Automobiles
Korean carmakers' May sales grow for 9th straight month
South Korean carmakers marked sales growth for nine consecutive months as of end-May with the easing of the global semiconductor shortage and rising...
Jun 02, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor builds hydrogen fuel cell factory in China
Hyundai Motor Group has commenced full-scale production at its hydrogen fuel cell system plant in Guangzhou, marking a key step in its global hydrog...
Jun 01, 2023 (Gmt+09:00)
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Korean stock market
HYBE employees accused of insider stock trading over BTS
Three HYBE employees on Wednesday were accused of insider stock trading, allegedly selling the South Korean entertainment giant's shares before K-po...
May 31, 2023 (Gmt+09:00)
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Automobiles
Kia unveils European-style EV9
Kia Corp. is consolidating its status as an electrification frontrunner in Europe with the unveiling of the EV9, its inaugural large domestic electr...
May 30, 2023 (Gmt+09:00)
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Automobiles
Korea’s first integrated car plant being transformed into Kia’s EV base
GWANGMYEONG, Gyeonggi Province -- Kia Corp.'s oldest integrated auto plant — which is also South Korea’s first of its kind — was c...
May 29, 2023 (Gmt+09:00)
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Automobiles
Renault Korea creates mobility exhibition hall in metaverse
Renault Korea announced on Friday that it plans to establish and run an automobile-related experiential space called Renault Korea Hub in the metave...
May 26, 2023 (Gmt+09:00)
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Korean SMEs
Samsung Electronics' smart factory project targets SMEs
Sales of Cookia, a small maker of tofu snacks in South Korea based in Yeosu, South Jeolla Province, have jumped eight-fold in six years from 300 mil...
May 25, 2023 (Gmt+09:00)
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Electric vehicles
Hanon to build $40 mn heat pump systems plant in US state of Georgia
Hanon Systems Corp., a South Korean thermal management systems provider for automakers, is set to inject $40 million to establish a plant in the US ...
May 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia team up with 11 universities for vehicle electrification
South Korean auto giant Hyundai Motor Co. and its sister company Kia Corp. are joining forces with leading South Korean universities to pioneer adva...
May 24, 2023 (Gmt+09:00)