second version
Scope
Date
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Earnings
Samsung chip turnaround likely in second half after dismal Q2
Samsung Electronics Co. expects to see light at the end of the tunnel with a likely turnaround of its mainstay chip business in the second half afte...
Jul 07, 2023 (Gmt+09:00)
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Travel & Leisure
Hanatour sees surge of package tourists in June
South Korea’s top travel agency Hanatour Service Inc. saw a dramatic 661% increase in package tourists in June from the previous year, recordi...
Jul 04, 2023 (Gmt+09:00)
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Webtoons
S.Korea's Naver Webtoon to expand IP-based operations
South Korea's Naver Webtoon is selling its online intellectual property (IP)-based webtoon products on the offline market to expand its webtoon IP o...
Jun 27, 2023 (Gmt+09:00)
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Sovereign wealth funds
KIC's private equity senior director Ahn to move to Mubadala
Korea Investment Corporation (KIC)’s senior director for private equity is set to move to Mubadala Investment Co., a sovereign investor based ...
Jun 23, 2023 (Gmt+09:00)
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Automobiles
Kia starts delivering electric SUV EV9 to customers
Kia Corp. announced on Sunday that its first large-scale electrified sport utility vehicle (SUV), the EV9, will be available for delivery to custome...
Jun 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver expects to export ICT know-how to Middle Eest market
A high-ranking delegation from the royal family of Sharjah, one of the seven United Arab Emirates, led by Sheikh Saud bin Sultan Al Qasimi, Director...
Jun 13, 2023 (Gmt+09:00)
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Economy
Korea’s current account swings to deficit, four-month figures worsen
South Korea ran a current account deficit in April, swinging from the previous month’s surplus, as Asia’s fourth-largest economy continu...
Jun 09, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Financial chief in Europe to meet with BNP Paribas, investors
Jin Ok-dong, chairman of Shinhan Financial Group Co., is off to Europe for investor relations sessions with its shareholders, including BNP Paribas ...
Jun 08, 2023 (Gmt+09:00)
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Bio & Pharma
CrystalGenomics to supply anti-osteoarthritis drug to Russia for $2 mn
South Korea's first-generation biopharma venture company CrystalGenomics Inc. on Wednesday said it received a $2 million (2.6 billion won) order fro...
Jun 08, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix launches portable SSD Beetle X31
SK Hynix Inc., the world’s second-largest memory chipmaker, unveiled its latest product, the Beetle X31, a portable Solid State Drive (SSD) ...
Jun 05, 2023 (Gmt+09:00)
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Economy
S.Korea's trade deficit hits 15th straight month
South Korea last month suffered its 15th straight month of trade deficit, its longest streak since the 1997-98 Asian financial crisis, due to the de...
Jun 02, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea to develop supercomputer for industrial use
South Korea is set to develop a supercomputer for industrial use as Asia’s fourth-largest economy lags far behind on the performance of such d...
May 31, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s latest 1b nm DDR5 DRAM chip under Intel test run
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Tuesday it has supplied its latest DDR5 DRAM...
May 30, 2023 (Gmt+09:00)
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Business & Politics
Seoul, Washington seek to release $7 bn Iranian funds frozen in S.Korea
South Korea and the US are discussing ways to release $7 billion worth of Iranian funds held in the Asian country as Seoul and Washington seek to im...
May 30, 2023 (Gmt+09:00)
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Energy
Moody’s cuts credit view on KEPCO to lowest investment grade
Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...
May 26, 2023 (Gmt+09:00)
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Batteries
Hyundai revs up US advance with $4.3 billion battery JV with LG
Hyundai Motor Co. has taken another step closer to receiving US tax credits for its electric cars sold in the country by signing a 5.7 trillion won ...
May 26, 2023 (Gmt+09:00)
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Korean startups
GoodGang Labs attracts $2 mn from Kakao Investment
South Korea's GoodGang Labs, a startup focused on developing a 3D avatar-based communication platform, announced on Thursday that it has secured an ...
May 25, 2023 (Gmt+09:00)
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Electronics
ASM to invest $100 mn to expand R&D facilities in S.Korea
The Netherlands-based semiconductor equipment maker ASM will invest $100 million (132 billion won) to boost its R&D and production capacities in...
May 24, 2023 (Gmt+09:00)
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Energy
Korean biodiesel firm Dansuk sets sights on battery recycling business
KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...
May 23, 2023 (Gmt+09:00)
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Petrochemicals
Kumho Petrochem signs MOU with Japanese second-largest refiner
South Korea's Kumho Petrochemical Co. and Idemitsu Kosan Co., a Japanese refining and petrochemical company, announced on May 17 that they have sign...
May 17, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3
South Korea’s top automaker Hyundai Motor Co. will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next d...
May 12, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao to unveil upgraded Korean language chatbot KoGPT in H2
Kakao Corp., South Korea’s dominant mobile messaging app operator, has pushed back the release of an advanced artificial intelligence model cu...
May 04, 2023 (Gmt+09:00)
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Corporate governance
Hyosung’s sibling feud continues with second son in court on trial
It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moon on charges of embe...
May 03, 2023 (Gmt+09:00)
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Automobiles
Kia to take pre-orders for electric SUV EV9
Kia Corp. announced on Wednesday that it will begin taking pre-orders for the "Kia EV9." The EV9 is Kia's second dedicated electric vehicle based on...
May 02, 2023 (Gmt+09:00)
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Earnings
Samsung bets on H2 recovery with heavy spending after record chip losses
Samsung Electronics Co. on Thursday reported its worst quarterly loss for its semiconductor business, but echoed the widely held industry view that ...
Apr 27, 2023 (Gmt+09:00)
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Earnings
SK Hynix expects second-half market recovery after record Q1 loss
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...
Apr 26, 2023 (Gmt+09:00)
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Fintech
Webcash launches AI accounting solution Wabooks in Vietnam
South Korea's Webcash Co. Group announced on Tuesday that it recently launched Wabooks, a Vietnamese version of the AI-powered accounting solution...
Apr 25, 2023 (Gmt+09:00)
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Future mobility
Hyundai Motor to develop lunar exploration mobility Rover
Hyundai Motor Group is developing the lunar exploration mobility vehicle Rover in expanding its mobility scope to space as well as land, sea and air...
Apr 20, 2023 (Gmt+09:00)
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Metaverse
S.Korea's Com2verse releases metaverse virtual office
South Korean game company Com2uS Corp. announced on Wednesday that its metaverse subsidiary, Com2Verse, has released a YouTube video showcasing the ...
Apr 19, 2023 (Gmt+09:00)
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Bio & Pharma
Welt gets second digital therapeutic device approval in S. Korea
South Korea's Ministry of Food and Drug Safety announced on Wednesday that it has approved the cognitive therapy software "WELT-I" developed by We...
Apr 19, 2023 (Gmt+09:00)