near-field communication
Scope
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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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Food & Beverage
Paris Baguette to open nine new North American stores in Sept.
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Wednesday that it plans to open nine new stores in North America this...
Sep 13, 2023 (Gmt+09:00)
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Korean chipmakers
HBM market to nearly double; next-gen DRAM to revive demand: KIW
SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...
Sep 11, 2023 (Gmt+09:00)
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Korean startups
LG seeks outside innovators' ideas on new growth drivers at Superstart Day
LG Group, South Korea’s fourth-largest business group, is actively embracing collaboration with outside innovators to foster its new growth dr...
Sep 07, 2023 (Gmt+09:00)
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Aerospace & Defense
SK Telecom unveils analytics solution for UAM networks
South Korea's SK Telecom Co. disclosed its cutting-edge analytics solution and simulator specifically geared for urban air mobility (UAM) commun...
Aug 31, 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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Korean games
Smilegate to launch video communication service
The face on a video call screen changes into a game character, making the conversation fun. This is the main function of P.Pool, a video communicati...
Aug 29, 2023 (Gmt+09:00)
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Batteries
IS Dongseo buys EV battery recycling firm BTS Technology
IS Dongseo Co., a South Korean waste management company, has acquired Slovakia-based battery recycling company BTS Technology Ltd. for 37.5 billion ...
Aug 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus launches customized solution for cultural facilities
South Korea’s telecom service provider LG Uplus Corp. has released a solution that identifies the interests and movements of exhibition visito...
Aug 24, 2023 (Gmt+09:00)
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Korean stock market
Korean exodus from China funds amid deepening property crisis
South Korean investors’ retreat from Chinese equity funds of nearly 10 trillion won ($7.5 billion) in total principal is accelerating amid dee...
Aug 23, 2023 (Gmt+09:00)
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Shareholder activism
Schindler-invested Hyundai Elevator faces S.Korean activism
South Korea’s Hyundai Elevator Co., the No. 2 shareholder of which is Schindler Holding AG, has faced a request from a local activist investor...
Aug 23, 2023 (Gmt+09:00)
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Automobiles
S.Korean hybrid car market surpasses $4.56 bn in H1 2023
South Korea's hybrid car market has shown a remarkable surge, reaching 6.12 trillion won ($4.56 billion) in the first half of 2023, according to the...
Aug 21, 2023 (Gmt+09:00)
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Automobiles
Hyundai's premium Genesis cars to break 1 million units in global sales
Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...
Aug 14, 2023 (Gmt+09:00)
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The KED View
Falling on deaf ears: Costco Korea cart pusher's death
Costco Wholesale’s co-founder Jim Sinegal had said South Korea was a “fantastic market,” where it ran its largest store in terms o...
Aug 13, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea-China ferries resume passenger transport after hiatus of 43 months
The Ministry of Oceans and Fisheries of South Korea announced on Thursday that the passenger ferry New Grand Peace is set to embark on Friday aftern...
Aug 10, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Seoul Metro to develop communication system for foreign passengers
Foreign users of major subway stations in Seoul can communicate with Seoul Metro Corp. staff through simultaneous translation. Through artific...
Aug 08, 2023 (Gmt+09:00)
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Mergers & Acquisitions
With long-gone heyday, Capro clings to stake sale for survival
Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...
Aug 04, 2023 (Gmt+09:00)
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Banking & Finance
SK C&C begins to construct S.Korea's first ATS
SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has started constructio...
Aug 02, 2023 (Gmt+09:00)
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Future mobility
42dot launches its first B2B self-driving shuttle service
42Dot, a self-driving technology affiliate of Hyundai Motor Group, on Tuesday said it launched a self-driving shuttle at Samsung Mobility Museum in ...
Aug 02, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea's shipbuilders near $9.4 bn in LNG carrier orders from Qatar
South Korea's top three shipbuilders -- HD Hyundai Heavy Industries Co., Hanwha Ocean Co. and Samsung Heavy Industries -- as early as September wi...
Jul 27, 2023 (Gmt+09:00)
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Carbon neutrality
Nearly all HMM ships meet int'l CO2 rules
South Korea’s No. 1 container transportation and shipping service HMM Co., Ltd on Monday said the Carbon Intensity Indicator (CII), which meas...
Jul 25, 2023 (Gmt+09:00)
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Venture capital
S.Korea to form $6.2 bn corporate venture capital fund pool by 2025
The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($...
Jul 24, 2023 (Gmt+09:00)
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Korean startups
Nanotech startup Deepsmartech crowned at D.Day’s July demo day
Nanotech startup Deepsmartech celebrated its victory Thursday at July D.Day, held on Jeju Island, a South Korean resort isle poised to become the co...
Jul 21, 2023 (Gmt+09:00)
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Batteries
Road near SK On’s US plant in Georgia named SK Blvd
South Korean battery maker SK On announced on Thursday that a road near its US corporation, SK Battery America's (SKBA) site, has been renamed "SK...
Jul 20, 2023 (Gmt+09:00)
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Food & Beverage
Michael Jordan's Steakhouse to open in S.Korea
Mohegan Inspire entertainment resort, which plans to be built near Incheon International Airport, will feature a restaurant and bar named after "His...
Jul 13, 2023 (Gmt+09:00)
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Construction
Hyundai E&C to commercialize CCS for the first time in S.Korea
South Korea's Hyundai Engineering & Construction announced that it has won the contract for the preliminary front-end engineering and design (Pr...
Jul 13, 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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Aerospace & Defense
Hanwha Systems pursues space internet service
South Korea's Hanwha Systems Co. on Tuesday announced completion of its registration the day before as a facility-based communications operator with...
Jul 11, 2023 (Gmt+09:00)
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Batteries
Deal reached on LG-Stellantis battery plant subsidy; construction resumes
All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...
Jul 06, 2023 (Gmt+09:00)
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Electric vehicles
LG Uplus, Kakao Mobility to form EV charging JV
South Korea’s third-largest mobile carrier LG Uplus Corp. and transportation company Kakao Mobility announced on Monday their strategic allian...
Jul 03, 2023 (Gmt+09:00)
Latest News
- 1 SGC E&C secures $189 mn petrochem facility project in Saudi Arabia
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- 3 Korean firms rush to sell bonds to lock in lower yields
- 4 CJ Group to hold K-festa in Vietnam
- 5 LG Innotek, Ansys forge digital twin technology partnership