Korea Delphi Automotive Systems
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Business & Politics
S.Korea woos Chinese visitors via temporary e-visa fee exemption
South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...
Sep 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea ranks 3rd on global dominant product list to tie Japan
TOKYO -- South Korea has ranked third among countries having the world’s most dominant products. In six categories, including smartphones, mem...
Sep 04, 2023 (Gmt+09:00)
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Electric vehicles
LG Magna to build plant in Hungary for European EV market
MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., ha...
Sep 04, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha to showcase advanced weapons systems in Poland
South Korea’s Hanwha Group will unveil its advanced land, sea, air and space weapons systems this week at the International Defense Industry E...
Sep 04, 2023 (Gmt+09:00)
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Batteries
S.Korea's Posco International secures graphite in Africa
South Korea's POSCO International Corp. is broadening its footprint in Africa's secondary battery raw material sector, with plans to secure an annua...
Sep 04, 2023 (Gmt+09:00)
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Electronics
LG Elec to fend off challengers with tech supremacy: H&A Head Ryu
LG Electronics Inc., the South Korean home appliance giant that is also the world’s No. 1 home electronics seller, is sure it can hold its mar...
Sep 03, 2023 (Gmt+09:00)
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Korean startups
AI webtoon generator Realdraw earns most votes at D.Day
Realdraw, a South Korean developer of artificial intelligence image generation technology, won the country’s oldest startup pitch race D.Day l...
Sep 01, 2023 (Gmt+09:00)
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Beauty & Cosmetics
L'Oréal keeps door open for more K-beauty acquisitions
L'Oréal S.A., the leading global cosmetics maker, is considering more acquisitions and partnerships in the beauty sector of South Korea, the ...
Sep 01, 2023 (Gmt+09:00)
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Fashion
Korea emerges as growth market, design hub for global brands
Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...
Sep 01, 2023 (Gmt+09:00)
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Economy
Korea’s exports down for 11th month in August but at slower pace
South Korea’s exports shrank last month for 11 consecutive months but signs of a recovery in demand for the country’s mainstay export it...
Sep 01, 2023 (Gmt+09:00)
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Travel & Leisure
Duty-free shops in Jeju welcome return of Chinese cruise tourism
For the first time since Beijing lifted restrictions on group tourism to South Korea, Chinese cruise tourists have flocked to Jeju Island's duty-fre...
Sep 01, 2023 (Gmt+09:00)
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Energy
Hyundai Engineering to produce offshore wind power on Chuja Islands
South Korea’s Hyundai Engineering on Thursday said it signed the day before a memorandum of understanding with Equinor Korea, LG Chem Ltd., PO...
Sep 01, 2023 (Gmt+09:00)
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Korean food
NewJeans selected as global ambassador for Pepero
Lotte Wellfood announced on Friday that it has appointed K-pop girl group NewJeans as the global ambassador for its iconic snack brand, Pepero. Know...
Sep 01, 2023 (Gmt+09:00)
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Bio & Pharma
Discovery in S.Korea promises dieting without limits on eating
A drug candidate in South Korea could allow people seeking to lose weight to eat to their heart's content.The Center for Cognition and Sociality of ...
Sep 01, 2023 (Gmt+09:00)
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Electronics
Corning produces ultra-thin bendable glass in Korea
Corning Inc. has built its first integrated supply chain to produce next-generation, ultra-thin bendable glass in South Korea, where it plans to inv...
Aug 31, 2023 (Gmt+09:00)
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Economy
Korea’s July factory output slows at fastest pace since February
South Korea’s factory output contracted at the fastest rate in six months last month on subdued global demand especially from China, while its...
Aug 31, 2023 (Gmt+09:00)
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Electronics
Samsung’s connectivity vs. LG’s sustainability at IFA 2023
BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...
Aug 31, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s Coreline Soft teams up with HCK of Switzerland
South Korea's Coreline Soft, a maker of artificial intelligence (AI)-based imaging diagnostic materials, on Wednesday said it will sell its chest di...
Aug 31, 2023 (Gmt+09:00)
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Energy
Hyundai Steel's offshore wind power plant gets int’l certification
South Korea’s Hyundai Steel on Wednesday said its Ulsan Factory 2 in the southern coastal city of Ulsan received certification as an offshore ...
Aug 31, 2023 (Gmt+09:00)
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Chief Executives
Kim Young-shub, ex-LG CNS chief, to lead Korea’s telecom giant KT
Kim Young-shub, former chief executive of information technology service provider LG CNS Co., has been named to head South Korea’s leading tel...
Aug 30, 2023 (Gmt+09:00)
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Economy
S.Korea’s birth rate at record low despite rebound in marriages
South Korea’s total fertility rate hit its trough of 0.7 again in the second quarter, according to Statistics Korea on Wednesday, deepening th...
Aug 30, 2023 (Gmt+09:00)
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Batteries
Hyundai to invest $398 mn in Korea Zinc for battery materials
Hyundai Motor Group, the global No. 3 automaker, is set to invest $398 million in Korea Zinc Inc., the world’s top lead and zinc smelter, for ...
Aug 30, 2023 (Gmt+09:00)
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Travel & Leisure
Foreign visitors to S.Korea in July surpass 1 mn post-COVID-19
The number of foreign tourists visiting South Korea has exceeded 1 million in a month for the first time since the outbreak of COVID-19. According t...
Aug 30, 2023 (Gmt+09:00)
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Korean startups
S.Korea to invest in Korean-owned overseas startups
South Korea will expand startup nurturing programs into overseas venture companies launched by Koreans from next year as the country is stepping up ...
Aug 30, 2023 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 participates in drone road show in Riyadh
South Korean leading defense company LIG Nex1 Co. took part in a drone-focused workshop "2023 Korea-Saudi Arabia Drone Road Show" in Riyadh, Saudi A...
Aug 30, 2023 (Gmt+09:00)
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Automobiles
New, restyled models intensify SUV battle in S.Korea
Global automakers are racing to release new and restyled sport utility vehicles in South Korea, intensifying the battle to dominate the biggest auto...
Aug 30, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's HMM bidders shortlisted to LX Group, Harim, Dongwon
Bidders for HMM Co., South Korea’s top shipping company, have been shortlisted to LX Group, Harim Co. and Dongwon Industries Co., according to...
Aug 30, 2023 (Gmt+09:00)
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Electric vehicles
France’s new EV subsidy bill may violate Korea-EU FTA: KITA
The South Korean auto industry has called for an amendment in France’s new subsidy policy for electric vehicle purchases after voicing concern...
Aug 30, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea to develop ultra-low-power AI chips by 2030
South Korea will develop artificial intelligence (AI) chips by 2030 able to perform more than 10 trillion operations per second, while consuming ver...
Aug 29, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai seeks tech to produce clean hydrogen from food waste
Hyundai Motor Group is set to develop technology to produce clean hydrogen from food waste as the world’s third-largest automaker aims to ce...
Aug 29, 2023 (Gmt+09:00)
Latest News
- 1 BTS Jin reveals track list of six songs for his solo album 'Happy'
- 2 Apparel maker Hansae sets sights on auto parts business as new growth driver
- 3 Hyundai, Kia production may be disrupted by subsidiary labor strike
- 4 UCK Partners advises Korean-style approach for buyout deals
- 5 Hankook Tire supplies tires to BMW