HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders
HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s large...
LS Electric poised to join Nvidia's supply chain via Vertiv deal
LS Electric Co., a South Korean industrial system supplier, is poised to deliver a large volume of power control equipment, including switchgears an...
Hanwha Ocean to team up with Polish shipyards for Navy project bid
Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...
LG CNS, Cohere co-develop Korean-specific agentic AI
LG CNS Co., the information technology services arm of South Korea’s LG Group, has unveiled a lightweight Korean-specific large language model...
KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia
KakaoBank Corp., a leading South Korean internet-only bank, posted its highest quarterly profit in the first quarter, defying a drop in interest inc...
Seoul mulls joint review of Alaska LNG project with Japan, Taiwan, Vietnam
South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alask...
Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era
Hanwha Ocean Co. and Samsung SDI Co. will start evaluating their jointly developed lithium-ion battery system for a submarine with South Korea&rsquo...
Hanwha Aerospace, General Atomics to build unmanned aerial vehicles
Hanwha Aerospace Co., a leading South Korean defense company, has joined forces with US-based General Atomics Aeronautical Systems Inc. (GA-ASI) to ...
LG Group units step up joint marketing for in-vehicle electronics
Chief executives of LG Group’s key units, including LG Electronics Inc., will visit the headquarters of global carmakers for a series of close...
LX Pantos acquires logistics center near Atlanta for $120 mn
LX Pantos Co., a logistics arm of LX International Corp., announced on Tuesday it has acquired a logistics center near Atlanta in Dalton, Georgia fo...
HD Hyundai, Hanwha Ocean to jointly bid for high-stakes warship deals
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to join forces to pur...
Korea’s OCI, Israel’s Arava Power to jointly build solar cell plant in Texas
OCI Energy Co., a US subsidiary of South Korea’s OCI Holdings Co., and Israel’s Arava Power will jointly build a solar cell power plant ...
South Korean oil refiners to jointly build SAF plant
South Korea’s four major oil refining companies will jointly build a sustainable aviation fuel (SAF) plant in the country, for which the gover...
LG CNS, Bear Robotics to co-develop autonomous robots
LG CNS Co., a South Korean information technology service company, said on Monday it signed a memorandum of understanding (MOU) with Bear Robotics...
Neubility, Samsung C&T offer robot delivery service
South Korea's autonomous robot startup Neubility and Samsung C&T Corp. said on Wednesday that they began to offer door-to-door delivery in apa...
Korean entertainment powerhouse K Wave Media to debut on Nasdaq in Feb
K Wave Media Ltd., an umbrella entity of South Korean entertainment companies, is set to go public on the Nasdaq next month in a bid to raise money ...
Korea’s Shinsegae, China’s Alibaba to set up e-commerce joint venture
South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better co...
Hyundai AutoEver establishes JV in Indonesia
South Korea's Hyundai AutoEver Corp. said on Monday it built the joint venture PT Terra Link technology in Indonesia with India's MapmyIndia. T...
Hyundai, BAIC to inject $1.1 bn in China joint venture
Hyundai Motor Co. and its Chinese partner Beijing Motor Corp. (BAIC) will jointly invest $1.1 billion in their joint venture, which produces and sel...
POSCO, Hancock seek to jointly build lithium plant
POSCO Holdings Inc. on Tuesday signed a memorandum of understanding with Hancock Prospecting, an Australian mining company, to build a plant to annu...
Hyundai, Kia to build Hyundai Center of Excellence in India
Hyundai Motor Co. and Kia Corp. signed a memorandum of understanding (MOU) with the Indian Institutes of Technology (IIT) to build the Hyundai Cente...
Bespin Global, Upstage to co-work on AI platform
South Korea's cloud solution provider Bespin Global said on Monday it signed with Upstage, the domestic artificial intelligence (AI) startup, to bui...
SM's UK K-pop group Dear Alice to debut with Gamma
South Korea's SM Entertainment Co. partnered with the US-based music label "Gamma." to globally debut its first British K-Pop boy group Dear Alice.A...
KB Kookmin Card, UnionPay to cooperate on marketing
South Korea's KB Kookmin Card said on Tuesday it signed a memorandum of understanding (MOU) with China's UnionPay to cooperate on marketing. ...
OpenAI, KDB to collaborate to enhance S.Korean AI ecosystem
The US-based OpenAI and Korea Development Bank (KDB) on Tuesday signed a memorandum of understanding (MOU) to support the development of South Kor...
Hanwha Ocean, HD Hyundai reconcile, look to joint overseas warship bids
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to bury the hatchet and jo...
S.Korea to restructure ailing petrochemical industry
South Korea plans to restructure the struggling domestic petrochemical industry amid intensifying competition with Chinese rivals and oversupply by ...
Samsung Electronics, LG Uplus to jointly develop ixi-O AI smartphone
South Korean tech giant Samsung Electronics Co. has joined forces with mobile carrier LG Uplus Corp. to unveil an AI smartphone embedded with a high...
Robotis, MIT to jointly develop physical AI
South Korea's Robotis Co. said on Tuesday it partnered with the Massachusetts Institute of Technology (MIT) to develop physical AI.Robotis and MIT w...
Naver, Saudi Arabia's NHC to build JV
South Korea’s Naver Corp. said on Monday it signed a memorandum of understanding (MOU) with Saudi Arabia’s National Housing Company (NHC...
