Korean smart factories

Profitable South Korean startups succeeded in fundraising despite an economic downturn as investors sought stable earnings from companies with clear...

Kia Corp. said that it would extend its sponsorship of the Australian Open, one of the world's four major tennis tournaments, until 2028.   ...

Cosmax, a cosmetics original design manufacturer (ODM) of South Korea, said on Tuesday that it unveiled the beauty technology developed jointly ...

SK Hynix Inc. said on Tuesday that it has started to improve production efficiency and yield by introducing an artificial intelligence (AI) solution...

South Korean mobile payment services firm Kakao Pay Corp. will be newly incorporated into the MSCI index next month, inducing an influx of more than...

Alt-A, which provides a transportation system specialized in last-mile roads, said Monday that it has received pre-series A funding from Shinh...

A consortium led by Korea Corporate Governance Improvement Fund (KCGI), a local activist fund, said on Jan. 9 it signed a share purchase agreement l...

LAS VEGAS -- South Korea’s Lotte Chemical Corp. seeks to ramp up sales 65% in nearly 30 years by increasing production of advanced materials, ...

SK Geo Centric, a subsidiary of South Korea's top refiner SK Innovation Co., will join hands with a global company to build a super-large waste plas...

Jeju Air Co. took first place with an 18.2% share of domestic routes in 2022 for the third straight year from 2020.The airline said on Monday that...

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said on Monday that it developed a collaborative robot, or cobot, that welds pipes in the ...

Lemonbase, a South Korean developer and operator of performance management software as a service (Saas), raised 7 billion won ($5.6 million) in Seri...

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai Co., has decided to develop fuel cells for mar...

South Korean food giant CJ CheilJedang Corp. is slated to increase food manufacturing facilities globally and launch businesses in Australia, Canada...

LG Electronics Inc. swept this year's top spot in all major categories of best washing machines evaluated by Consumer Reports, a leading US consum...

SK On Co., the world’s No. 5 electric vehicle battery maker, dropped a plan to build a 4 trillion won ($3.2 billion) plant in Turkey as higher...

Genesis, Hyundai Motor Group's premium sub-brand, sold more car units in the US last year than its Japanese rival Infiniti.Genesis sold a record-hig...

South Korean private equity firm VIG Partners has acquired a 100% stake in low-cost carrier (LCC) Eastar Jet Co., the asset manager said on Jan. 6. ...

Com2uS Corps. will release a variety of new game titles this year with the goal of reaching 100 billion won ($78.6 million) in global sales for each...

Fly Gangwon, a low-cost carrier based at Yangyang International Airport in Gangwon Province, South Korea, is in serious financial trouble. As its fi...

LAS VEGAS – South Korean media platform startup Muzlive Inc. showcased KiTs of K-pop girl group Blackpink, singer-songwriter Jason Mraz and ot...

Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new leap forward in earne...

South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most important industry to s...

Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has created a "Baby Shark Nex...

Travel app MyRealTrip said Wednesday that it is launching an overseas hotel booking service that allows users to search, book, and pay for more than...

The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...

LAS VEGAS -- LG Electronics Inc., the world’s top home appliance maker, is seeking more partnerships with global leading companies and increas...

The prices of lithium and nickel, key minerals for electric vehicle batteries, have been diverging since late last year, which is set to further wid...

Hyundai Motor Co. and Kia Corp. kept their fifth place in sales in the US market for the second consecutive year. Despite production setbacks due to...

Aekyung Industrial said on Thursday that it has obtained green technology certification from the Korea Technology Finance Corporation for its eco-fr...