Korean online platform company
Scope
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Electronics
Samsung releases Galaxy Z Fold5 Thom Browne edition
Samsung Electronics Co. announced on Thursday that it will unveil the Galaxy Z Fold5 Thom Browne edition, a foldable smartphone created in collabora...
Sep 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to hold job fair in Los Angeles
South Korea's LG Uplus Corp. on Thursday said it will hold the recruiting event LG Uplus US Fair at the hotel Ritz-Carlton, Marina del Rey near Los ...
Sep 07, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Hera enters Japanese market
South Korea's Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera has launched in Japan, signaling a significant mo...
Sep 07, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha vice chair pitches submarines to Polish president
Hanwha Group Vice Chairman Kim Dong-kwan is stepping up efforts to win Poland's high-profile submarine project worth an estimated 3 trillion won ($2...
Sep 07, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korean food company hy boosts cosmetics unit
South Korea’s hy, formerly Korea Yakult, has launched cosmetics made with fermented products using its self-developed lactic acid bacteria, ex...
Sep 07, 2023 (Gmt+09:00)
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Sovereign wealth funds
Aramco, PIF chief to meet key South Korean figures this week
Yasir Othman Al-Rumayyan, chairman of the world’s top oil company Saudi Arabian Oil Co. (Aramco) and governor of the kingdom’s sovereign...
Sep 06, 2023 (Gmt+09:00)
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Private equity
SK Group, NPS may exercise put option on Masan without gain
South Korean institutional investors, including SK Group and National Pension Service (NPS), are likely to only recover their principal without prof...
Sep 06, 2023 (Gmt+09:00)
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Korean startups
Korean startups join hands amid dwindling funding, acceleration support
Collaboration is becoming active among peer startups in South Korea to create synergy between different technologies and accelerate an early stage s...
Sep 06, 2023 (Gmt+09:00)
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Travel & Leisure
Over 130 Chinese travel industry officials visit S.Korea
Since the Chinese government allowed its citizens to participate in group tours to South Korea last month, Chinese travel industry representatives h...
Sep 06, 2023 (Gmt+09:00)
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Companies
Hyundai Card to showcase Meta's MR, AR techs at Da Vinci Motel
Hyundai Card said on Wednesday that its annual Da Vinci Motel event will feature state-of-the-art mixed reality (MR) and augmented reality (AR) expe...
Sep 06, 2023 (Gmt+09:00)
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Bio & Pharma
Yungjin Pharm's new drug candidate gets Fast Track from FDA
South Korea's Yungjin Pharm has secured Fast Track designation from the US Food and Drug Administration (FDA) for its new drug candidate KL1333, des...
Sep 06, 2023 (Gmt+09:00)
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Artificial intelligence
KT, Vector Institute to cooperate for hyperscale AI
South Korea's KT Corp. announced on Wednesday that it has been in talks with Canada's Vector Institute to explore collaborative opportunities in the...
Sep 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband launches hybrid quantum security service
South Korean internet service provider SK Broadband on Tuesday said it launched the country’s first dedicated line service that supports the o...
Sep 06, 2023 (Gmt+09:00)
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Business & Politics
S.Korean gov't to invest $827 mn in cyber security sector by 2027
South Korea will invest 1.1 trillion won ($827.1 million) in the information security sector by 2027, nearly double its combined budget of 556.9 bil...
Sep 06, 2023 (Gmt+09:00)
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Batteries
Solus aims to mass-produce copper foil in Canada from 2026
Solus Advanced Materials Co., a South Korean copper foil supplier to Tesla Inc., on Tuesday broke ground on its third overseas plant in Quebec, Cana...
Sep 06, 2023 (Gmt+09:00)
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Energy
POSCO International to take part in CCS project in Texas
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is expected to wi...
Sep 06, 2023 (Gmt+09:00)
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Travel & Leisure
10 mn-subscriber YouTuber Mark Wiens to showcase K-food
Renowned food influencer Mark Wiens is set to showcase the allure of gastronomic journeys in South Korea. According to the Korea Tourism Organizatio...
Sep 05, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis eyes over 30% growth in Europe through 2030
MUNICH, GERMANY – Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, is targeting average annual sales growth of 30% in Europ...
Sep 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Kakao Mobility to collaborate with Indonesia on digital economy
South Korea's Kakao Mobility announced on Tuesday that it is discussing ways to collaborate on building the digital ecosystem with major platform co...
Sep 05, 2023 (Gmt+09:00)
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Blockchain
Hana Bank to enter digital asset custody sector with BitGo
South Korea's Hana Bank on Tuesday said it signed a strategic business agreement with BitGo, a Palo Alto, California-based global digital asset cust...
Sep 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver raises S.Korean market lead thanks to LLM HyperCLOVA X
South Korea’s leading web portal Naver Corp. has raised its domestic market share, which plummeted to the mid-50% range in May, thanks to Hype...
Sep 05, 2023 (Gmt+09:00)
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Food & Beverage
CJ Foodville to invest $37 mn to build bakery plant in US
Tous les Jours, the bakery brand under South Korea's CJ Foodville, unveiled plans on Tuesday to invest over 50 billion won ($37 million) in its firs...
Sep 05, 2023 (Gmt+09:00)
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Automobiles
Samsung signs contract to supply camera modules to US EV company
Samsung Electro-Mechanics Co. has signed a contract to supply camera modules for vehicles to the US electric vehicle company. The company is believe...
Sep 04, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Ecoplant to supply fuel cells to Singapore data center
South Korea's SK Ecoplant will supply solid oxide fuel cells (SOFC) for the power supply system of a data center to be built in Singapore by GDS, Ch...
Sep 04, 2023 (Gmt+09:00)
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Bio & Pharma
HK inno.N releases K-Cab in Singapore
South Korean bio-health company HK inno.N announced on Monday that it has released the new drug K-CAB for gastroesophageal reflux disease (GERD) in ...
Sep 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia see US sales increase for 13th consecutive month
South Korea’s largest automaker Hyundai Motor Co. and its sister company Kia Corp. posted a record 13th consecutive month sales increase last ...
Sep 04, 2023 (Gmt+09:00)
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Artificial intelligence
Samsung to apply GenAI to all home appliances from 2024
BERLIN, GERMANY - Samsung Electronics Co. from next year will incorporate generative artificial intelligence (GenAI) into all home appliances and de...
Sep 04, 2023 (Gmt+09:00)
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Steel
POSCO mulls opening integrated steel plant in India
CHENNAI, INDIA – POSCO, the South Korean steel giant under POSCO Holdings Inc., is considering opening an integrated steel mill in India ...
Sep 04, 2023 (Gmt+09:00)
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Metaverse
Netmarble, Hana Financial team up for metaverse service
South Korean game company Netmarble Corp. announced on Monday that it will partner with Hana Financial Group to develop new financial experiences an...
Sep 04, 2023 (Gmt+09:00)
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Fashion
CJ ENM launches domestic fashion brand of Barneys New York
CJ ENM Co., South Korea’s entertainment and e-commerce giant, has launched the domestic fashion brand Barneys New York, a luxury department st...
Sep 04, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore