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Travel & Leisure
K-food behind Japanese travelers' rush to S.Korea
South Korea is actively promoting itself as a foodies’ heaven to invite more Japanese tourists who have already contributed the most to the co...
Sep 19, 2023 (Gmt+09:00)
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Leadership & Management
Samsung’s canine love rewarded as its guide dog school turns 30
Back in the 1990s, South Korea was internationally denounced as a country where people eat dog meat.People hardly recognized nor paid attention to t...
Sep 19, 2023 (Gmt+09:00)
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Foreign exchange
Koreans’ US dollar selling spree continues in anticipation of weaker USD
US dollar investors in South Korea have not backed down from their shorting position of the currency despite the strengthening dollar against the Ko...
Sep 19, 2023 (Gmt+09:00)
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Electronics
Seoul Semiconductor secures key EV LED patents
Seoul Semiconductor Co., the world’s No. 3 light-emitting diode (LED) maker, has secured key patents for LEDs to be used in electric vehicles ...
Sep 18, 2023 (Gmt+09:00)
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Fintech
Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments
Ant Group Co., the operator of China’s biggest mobile payment platform Alipay, has become the second-largest stakeholder of Toss Payments, the...
Sep 18, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI's FA-50 participates in NATO Days 2023
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Monday that its FA-50GF light fighter expor...
Sep 18, 2023 (Gmt+09:00)
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Entertainment
Netflix, S.Korea’s SK Broadband to settle longstanding legal dispute
Netflix Inc., the world’s top streaming service, and SK Broadband Co., South Korea’s No. 2 internet service provider, said on Monday tha...
Sep 18, 2023 (Gmt+09:00)
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Artificial intelligence
SK Hynix tests new AI hardware on Meta’s generative AI model
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., has unveiled a new memory chip-based device that boo...
Sep 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG’s FAST drive to combat TV set market slowdown
South Korea’s electronics giant LG Electronics Inc. is upending its TV business strategy by betting even bigger on software and content to off...
Sep 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai promotes Busan’s bid for 2030 Expo in New York with art cars
Hyundai Motor Group supports Busan’s bid to host the 2030 World Expo with IONIQ 5, IONIQ 6, and Genesis G80 covered with graffiti reading &l...
Sep 18, 2023 (Gmt+09:00)
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Artificial intelligence
KT to build AI medical R&D innovation zone in Seoul
South Korean wireless carrier KT Corp. will build an innovation valley for medical research and development (R&D) based on artificial intelligen...
Sep 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor’s Genesis: Distilled luxury with 1 million car sales
In South Korea’s automobile industry, it is widely acknowledged that the country’s homegrown premium car brand started with the Genesis....
Sep 17, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong to develop eye drops for diabetic retinopathy
South Korea's Daewoong Pharmaceutical is venturing into the development of a product that can easily treat diabetic retinopathy in the form of ...
Sep 15, 2023 (Gmt+09:00)
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Corporate strategy
SK Chairman Chey vows to turn Ulsan into green energy, AI hub
Chey Tae-won, chairman of South Korea’s second-largest conglomerate SK Group, has vowed to turn the industrial city of Ulsan, where SK’s...
Sep 15, 2023 (Gmt+09:00)
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Korean games
NCSOFT to run Battle Crush’s CBT in October for H1 2024 launch
NCSOFT Corp., a major South Korean game developer and publisher, is inviting game lovers to take part in the closed beta test (CBT) of its new actio...
Sep 15, 2023 (Gmt+09:00)
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Batteries
Young Poong, AJ Networks to form battery recycling chain in Europe
South Korea’s non-ferrous metal company Young Poong Co. has teamed up with AJ Networks to establish a secondary batteries resource circulation...
Sep 15, 2023 (Gmt+09:00)
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Bio & Pharma
Moderna signs mRNA access deals with S.Korea's universities
The US biotech and pharmaceutical company Moderna on Friday announced signings of contracts with the academic-industry cooperation foundations of Ko...
Sep 15, 2023 (Gmt+09:00)
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Logistics
Coupang to host business briefing on Taiwan market entry
South Korea's e-commerce leader Coupang Inc. announced on Friday that it plans to conduct a business briefing focused on aiding domestic small and m...
Sep 15, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Krafton, Naver eye Overdare as S.Korea's answer to Roblox
South Korea's game company Krafton Inc. and Naver Z, a metaverse unit of the country’s portal giant Naver Corp. on Thursday said they will u...
Sep 15, 2023 (Gmt+09:00)
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Automobiles
Hyundai IONIQ 6’s engine named best in US
Hyundai Motor Co. announced on Friday that its electric vehicle (EV) IONIQ 6 sedan's powertrain was named one of the "2023 Wards 10 Best Engines and...
Sep 15, 2023 (Gmt+09:00)
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Electronics
Samsung releases Galaxy Watch6 Classic PXG edition
Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...
Sep 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus pet care platform's subscribers exceed 300,000
South Korea's LG Uplus Corp. announced on Thursday that its pet service platform ForDong has garnered over 300,000 subscribers just 14 months sinc...
Sep 14, 2023 (Gmt+09:00)
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Electronics
Samsung to launch 83-inch OLED TVs equipped with LG panels in Europe
South Korea’s Samsung Electronics Co. is set to bring its 83-inch 4K OLED TV model, with panels supplied by its crosstown rival LG Display Co....
Sep 14, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korean travel guide featuring BTS published
The Korea Economic Daily (KED) on Tuesday released The Purple Road, a tourist guide of South Korea highlighting places where the seven members of ...
Sep 14, 2023 (Gmt+09:00)
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Korean food
CJ CheilJedang expands its marketing of seaweed snacks in UK
South Korea's CJ CheilJedang Corp. announced on Thursday that its "Bibigo Seaweed (Gim) Snack" has entered the UK food market through Asda and Ocado...
Sep 14, 2023 (Gmt+09:00)
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Sports
S.Korea's golf industry market exceeds $15 bn in value: report
The value of South Korea's golf industry market last year exceeded 20 trillion won ($15 billion).A report by the Daejeon-based Yuwon Golf Foundation...
Sep 14, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to extend $6 bn in financing for African projects
BUSAN – South Korea will offer $6 billion in cheap loans and funds to domestic companies between 2024 and 2025 to finance their construction a...
Sep 13, 2023 (Gmt+09:00)
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Mergers & Acquisitions
IMM PE invites potential buyers for Genuone worth $752 mn
South Korea’s top-tier contract drugmaker Genuone Sciences Inc. with an estimated value of up to 1 trillion won ($752 million) is smooth saili...
Sep 13, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis to participate in N.America's largest bulk cargo exhibition
Hyundai Glovis Co., the logistics unit of South Korea's Hyundai Motor Group, announced on Wednesday that it will be a participant in Breakbulk Ameri...
Sep 13, 2023 (Gmt+09:00)
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Waste management
SK Ecoplant, S.Korean startup to recycle waste fishing nets in SE Asia
South Korea’s top waste management company SK Ecoplant has joined forces with Netspa, a Busan-based startup for recycling waste fishing nets, ...
Sep 13, 2023 (Gmt+09:00)
Latest News
- 1 Alipay’s rise puts Korea on alert to private data breaches
- 2 GS E&C plans to sell entire stake in GS Elevator to Chinese firm
- 3 Hanwha Aerospace to spin off non-core units for defense sector
- 4 SK Telecom releases Liberation Day remastering video
- 5 LG seeks to supply tandem OLED to Bentley, Cadillac