Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features

NEW YORK – Samsung Electronics Co. has unveiled its slimmest and most powerful foldable smartphones yet, loading them with artificial intellig...

POSCO inducted into World Steel Dynamics’ Hall of Fame

POSCO inducted into World Steel Dynamics’ Hall of Fame

South Korea’s POSCO Group has been permanently inducted into the Hall of Fame by the World Steel Dynamics (WSD), a US steel industry research ...

LG Innotek, Boston Dynamics team up to develop Atlas eyes

LG Innotek, Boston Dynamics team up to develop Atlas eyes

LG Innotek Co., a leading South Korean electronics parts maker, will jointly develop new vision sensing systems with Boston Dynamics Inc., a major g...

Hyundai-owned Boston Dynamics’ Spot embarks on public safety missions

Hyundai-owned Boston Dynamics’ Spot embarks on public safety missions

Spot, a quadruped robot developed by Boston Dynamics Inc., will aid defense and safety agencies in Australia, New Zealand and Indonesia to assist in...

Shilla Duty Free opens Guerlain Ultimate Boutique at Incheon Airport

Shilla Duty Free opens Guerlain Ultimate Boutique at Incheon Airport

South Korea's Shilla Duty Free Shop announced on Tuesday it opened the Guerlain Ultimate Boutique, the first flagship store in a global airport, at ...

Czech anti-trust body puts signing of nuclear power deal on hold

Czech anti-trust body puts signing of nuclear power deal on hold

The Czech anti-trust body put a temporary block on the conclusion of a contract with Korea Hydro & Nuclear Power Co. (KHNP) for the construction...

Cosmax, Fudan Univ. to team up for microbiome research

Cosmax, Fudan Univ. to team up for microbiome research

Cosmax Inc., South Korea's largest cosmetics original development and design manufacturer (ODM), said on Friday it signed a memorandum of understand...

Hyundai-owned Boston Dynamics, Toyota team up for humanoid robots

Hyundai-owned Boston Dynamics, Toyota team up for humanoid robots

South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp., the world’s No. 3 and No. 1 automakers, respectively, are teaming ...

Samsung’s Ballie, LG's Q9 AI robots steal the show at IFA 2024

Samsung’s Ballie, LG's Q9 AI robots steal the show at IFA 2024

BERLIN – Ballie, the artificial intelligence-powered companion robot developed by Samsung Electronics Co., has come a long way since the South...

Clobot seeks to list Kosdaq in October

Clobot seeks to list Kosdaq in October

South Korea's robot software company Clobot said on Tuesday that it submitted a registration statement to the Financial Services Commission and ha...

Don’t dwell on Korea discount; light up visibility on global stage

Don’t dwell on Korea discount; light up visibility on global stage

To the world, South Korea is well known as home to the world’s top two memory chipmakers, Samsung Electronics Co. and SK Hynix Inc., but it is...

PhyxUp closes in on pre-seed round with US advance

PhyxUp closes in on pre-seed round with US advance

PhyxUp Health Inc., an early stage South Korean digital healthcare startup, will soon close a pre-seed funding round, said its founder and chief, wh...

US cosmetics brand Bath & Body Works enters S.Korea

US cosmetics brand Bath & Body Works enters S.Korea

The US-based cosmetics brand Bath & Body Works, renowned for its diverse lineup of over 250 fragrances, enters the South Korean market. Shi...

Korea: Underrated as seat of commercial arbitration

Korea: Underrated as seat of commercial arbitration

South Korean companies prefer seats of arbitration in other countries over domestic ones to resolve disputes even for the cases that could be settle...

Korea’s booming medical tourism: Skin care, plastic surgery in demand

Korea’s booming medical tourism: Skin care, plastic surgery in demand

The number of foreign patients visiting South Korea for medical tourism hit a record high last year, driven by those who traveled to Korea for skin ...

Aekyung AGE20's to enter US cosmetics market

Aekyung AGE20's to enter US cosmetics market

South Korea's Aekyung Industrial Co. announced on Tuesday that it signed a Memorandum of Understanding (MOU) with Silicon2, a global K-beauty distri...

Hana Bank launches All-care Solution for Real Estate Wealth

Hana Bank launches All-care Solution for Real Estate Wealth

South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...

CJ CheilJedang to sell feed, livestock unit for $1.4 bn

CJ CheilJedang to sell feed, livestock unit for $1.4 bn

South Korean food giant CJ CheilJedang Corp. is seeking again to sell its loss-making feed and livestock subsidiary, Asia’s largest in the ind...

Korean big tech firms join Korea’s AI strategy council

Korean big tech firms join Korea’s AI strategy council

The South Korean government has launched an artificial intelligence strategy council, jointly with domestic big tech firms such as Naver Corp. and K...

Euroclear to trade S.Korean treasuries via omnibus account from June

Euroclear to trade S.Korean treasuries via omnibus account from June

The National Tax Service (NTS) of South Korea said on Tuesday that Euroclear Bank SA/NV and Clearstream Banking S.A., two major clearing houses for ...

Lotte Insurance's value rises with long-term care expansion

Lotte Insurance's value rises with long-term care expansion

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

Caring raises $30 million in Series B funding

Caring raises $30 million in Series B funding

Caring Co., a South Korean startup offering senior care services, succeeded in raising 40 billion won ($30 million) in a series B funding round, e...

Hyundai Motor launches EVery care for electric cars

Hyundai Motor launches EVery care for electric cars

Hyundai Motor Co. announced on Thursday that it launched EVery Care, an integrated program that will take care of customers' electric vehicle (EV) l...

Korea’s ELS market to stagnate after HSCEI debacle: KOFIA chairman

Korea’s ELS market to stagnate after HSCEI debacle: KOFIA chairman

The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...

LG unveils new air conditioner with AI smart care

LG unveils new air conditioner with AI smart care

LG Electronics Inc. on Thursday announced that it released 2024 LG Whisen Objet Collection Tower air conditioner, which features an artificial intel...

Korea's JLK targets AI-based stroke care market in US

Korea's JLK targets AI-based stroke care market in US

South Korea’s JLK Inc., an AI-based stroke care platform maker, will go all out to build its foothold in the US this year, aiming to lift its ...

Gov Rhee Chang-yong turning BOK into dynamic central bank

Gov Rhee Chang-yong turning BOK into dynamic central bank

Bank of Korea (BOK) Governor Rhee Chang-yong has transformed the central bank into a dynamic monetary authority by cooperating with not only oversea...

Samsung Elec unveils new image sensors for robotics, XR

Samsung Elec unveils new image sensors for robotics, XR

Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday introduced new image sensors tailored for advanced content platforms...

Samyang buys specialty chemical maker Verdant for $257 mn

Samyang buys specialty chemical maker Verdant for $257 mn

Samyang Specialty Solutions LLC, a leading chemical and food products maker in South Korea, has entered into an agreement to wholly acquire Texas-ba...

Korea’s 6G frequency bands picked as standard candidates

Korea’s 6G frequency bands picked as standard candidates

Sixth-generation (6G) communication frequency bands proposed by South Korea have been adopted as global standard candidates by the industry's freq...

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