Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity

Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity

Lotte Rental Co., South Korea’s No. 1 car rental and leasing company, is facing a backlash from a key minority shareholder over its planned ri...

Samsung supplies HBM3E to AMD’s new accelerators

Samsung supplies HBM3E to AMD’s new accelerators

Samsung Electronics Co. has delivered the fifth-generation high-bandwidth memory (HBM) to a major AI chip maker, Advanced Micro Devices Inc. (AMD), ...

LG CNS, Cohere co-develop Korean-specific agentic AI

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...

UK chip testing device maker TeraView seeks Kosdaq debut

UK chip testing device maker TeraView seeks Kosdaq debut

TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, i...

Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era

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...

LG takes on Big Tech AI in reasoning with Exaone Deep

LG takes on Big Tech AI in reasoning with Exaone Deep

LG AI Research, the artificial intelligence (AI) research and development unit of South Korea's LG Group, has unveiled Exaone Deep, an open-source A...

Samsung to invest $10 million in US-based C2N Diagnostics

Samsung to invest $10 million in US-based C2N Diagnostics

Samsung Group companies will jointly invest $10 million in C2N Diagnostics LLC, a U.S.-based company specializing in blood-based Alzheimer’s d...

MBK-led consortium to take over Japan’s FICT for $656 mn

MBK-led consortium to take over Japan’s FICT for $656 mn

MBK Partners, the largest private equity firm in North Asia, will acquire a controlling stake in FICT Ltd., a semiconductor printed circuit board (P...

LG Uplus tests energy efficiency tech for 6G network

LG Uplus tests energy efficiency tech for 6G network

South Korea’s LG Uplus Corp. said on Tuesday it tested the All-Photonic Transport Network, a key technology designed to reduce power consumpti...

ViGenCell obtains approval for HLA-B5801 genetic diagnostic kit for adverse reactions to gout treatment

ViGenCell obtains approval for HLA-B5801 genetic diagnostic kit for adverse reactions to gout treatment

ViGenCell, a company specializing in immunotherapy, announced on Friday that it has obtained approval from the Ministry of Food and Drug Safety (MFD...

LG Chem develops material blocking battery thermal runaway

LG Chem develops material blocking battery thermal runaway

LG Chem Ltd. has developed a material that can prevent thermal runaway in a lithium-ion battery, one of the major hurdles to the expansion of the el...

SK Shieldus, Verizon form strategic partnership

SK Shieldus, Verizon form strategic partnership

South Korea's SK Shieldus Co. said on Wednesday that it entered a strategic partnership with the US-based telecom company Verizon.Under this partner...

Genesis GV70, Electrified GV70 named safest cars by IIHS

Genesis GV70, Electrified GV70 named safest cars by IIHS

Hyundai Motor Co.'s premium brand Genesis said on Sunday that its sport utility vehicle (SUV) GV70 and the Electrified GV70 got the highest rating...

SK Hynix unveils powerful data-center SSD to maintain AI memory lead

SK Hynix unveils powerful data-center SSD to maintain AI memory lead

South Korean chipmaker SK Hynix Inc. on Wednesday unveiled a new solid-state drive (SSD) for data centers to expand its memory leadership in the AI ...

Lotte to restructure bio business to focus on CDMO

Lotte to restructure bio business to focus on CDMO

South Korea’s retail-to-chemical conglomerate Lotte Group will restructure its bio business to focus on the profit-making medicine bio develop...

Lotte develops nickel-plated foil for solid-state batteries

Lotte develops nickel-plated foil for solid-state batteries

Lotte Energy Materials Corp., a major South Korean battery materials maker, said on Tuesday it has developed a nickel-plated copper foil for use in ...

NCSOFT develops new game Doguri Adventure

NCSOFT develops new game Doguri Adventure

South Korea’s major game developer and publisher NCSOFT Corp. has begun developing a casual game Doguri Adventure, featuring the character bra...

LG Chem develops eco-friendly flame-retardant material

LG Chem develops eco-friendly flame-retardant material

South Korea's LG Chem Ltd. developed an eco-friendly, flame-retardant material.The company announced on Monday that its per- and polyfluoroalkyl sub...

Samsung tipped to supply HBM3 to Nvidia for Chinese market

Samsung tipped to supply HBM3 to Nvidia for Chinese market

Samsung Electronics Co. has passed Nvidia Corp.’s qualification tests for its fourth-generation high-bandwidth memory, or HBM3 chips, for use ...

GC Biopharma sells HK subsidiary to CR Pharm Group for $254 mn

GC Biopharma sells HK subsidiary to CR Pharm Group for $254 mn

South Korea’s GC Biopharma Corp. announced on Wednesday that it signed a share purchase agreement (SPA) to sell all its shares in its Hong Kon...

Hyundai to unveil wearable device for car manufacturing

Hyundai to unveil wearable device for car manufacturing

Hyundai Motor Group, the world’s third-largest automaker, plans to unveil a wearable device for car manufacturing designed to improve producti...

Kia reveals teaser of Tasman development process

Kia reveals teaser of Tasman development process

Kia Corp., South Korea’s second-largest automaker, released One More Round, a teaser video series of its first pickup truck The Kia Tasman.&nb...

LIG Nex1’s guided rocket passes US performance test

LIG Nex1’s guided rocket passes US performance test

LIG Nex1 Co., a South Korean defense company, said on Monday that its Poniard guided rocket passed the final performance test in US Foreign Comparat...

Doosan Tesna to invest $160 mn in chip testing plant in Korea

Doosan Tesna to invest $160 mn in chip testing plant in Korea

South Korea’s Doosan Tesna Inc. will build a semiconductor testing factory in the country with an investment of 220.6 billion won ($159.7 mill...

Kia opens experiential booth at Incheon Int'l Airport

Kia opens experiential booth at Incheon Int'l Airport

Kia Corp. announced on Tuesday that it has transformed the exhibition booth located near Gate H in the departure area of ​​the third floor of Incheo...

Solus to supply copper foil for AI accelerators to Nvidia

Solus to supply copper foil for AI accelerators to Nvidia

Solus Advanced Materials, a South Korean copper foil supplier, will provide copper foil for AI accelerators to Nvidia, a leading company in artifici...

Yogiyo to begin autonomous robot delivery tests in August

Yogiyo to begin autonomous robot delivery tests in August

Yogiyo, South Korea’s second-largest food delivery app, announced on Friday that it will begin outdoor autonomous robot delivery tests in Song...

HD Hyundai supplies large hydrogen forklifts to Korea Zink

HD Hyundai supplies large hydrogen forklifts to Korea Zink

South Korea's HD Hyundai XiteSolution announced on Monday that it deployed its four 5-ton hydrogen forklifts in Korea Zinc Inc.'s Onsan Refinery and...

Kakao Mobility, Archer to collaborate for K-UAM commercialization

Kakao Mobility, Archer to collaborate for K-UAM commercialization

South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...

Krafton's Overdare conducts alpha test in SE Asia

Krafton's Overdare conducts alpha test in SE Asia

South Korea's gaming giant Krafton Inc. announced on Wednesday that it will conduct an overseas alpha test for Overdare, a mobile user-generated con...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared