Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media

Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media

What was once a world of elves, dragons and power-ups is now giving rise to one of South Korea’s most unexpected tech revolutions, with game s...

Naver Webtoon’s Eleceed: Now anime by studio behind The First Slam Dunk

Naver Webtoon’s Eleceed: Now anime by studio behind The First Slam Dunk

High school student Seo Jiwoo knows nothing of the hidden world around him. Terrified of his own mysterious powers, he lives quietly, concealing his...

S.Korea’s Krafton to nurture 6 new game studios in India

S.Korea’s Krafton to nurture 6 new game studios in India

Krafton Inc., the publisher of global mega-hit “PlayerUnknown’s Battlegrounds” (PUBG), has selected six new Indian game studios to...

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...

LG Chem embarks on sale of dermal filler business worth $343 million

LG Chem embarks on sale of dermal filler business worth $343 million

LG Chem Ltd., the world’s fourth-largest chemicals producer that is fostering vaccine and new drug development as new growth drivers, has kick...

Naver Webtoon's Stagtown to be cinematized by Hollywood

Naver Webtoon's Stagtown to be cinematized by Hollywood

South Korea's Naver Webtoon said on Thursday its horror series Stagtown, popular in the US, will be made into a movie by Hollywood.Stagtown was di...

Allsale, K-beauty's leading ambassador to the US

Allsale, K-beauty's leading ambassador to the US

Allsale Corporation, a South Korean startup operating an influencer marketing platform, is in talks with investors to further support Korean cosmeti...

Naver Webtoon invests in Japan's Number Nine

Naver Webtoon invests in Japan's Number Nine

South Korea's Naver Webtoon said on Thursday that its Japanese service operator Line Digital Frontier invested in Number Nine, a webtoon studio in J...

LG Electronics embarks on Indian unit's $1.8 bn IPO

LG Electronics embarks on Indian unit's $1.8 bn IPO

LG Electronics India Pvt., wholly owned by LG Electronics Inc., has embarked on the process of going public to raise up to 2.6 trillion won ($1.8 bi...

S.Korea's Smilegate invests in GTA producer's studio

S.Korea's Smilegate invests in GTA producer's studio

Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, said on Tuesday it invested in the US-based medi...

GS Retail selects six startups to innovate retail biz

GS Retail selects six startups to innovate retail biz

South Korea's GS Retail said on Friday it selected six startups—Studio Lab, Tilda, Oasis Business, YesPlzAI, Vessl AI, and Raondata—th...

Hyundai Motor designs the future of mobility in Irvine studio

Hyundai Motor designs the future of mobility in Irvine studio

IRVINE, Calif. -- White sneakers, gray nail polish, pink goggles and orange remote controls are not something visitors expect to see in car design s...

Blackpink’s Rose releases new song in collaboration with Bruno Mars

Blackpink’s Rose releases new song in collaboration with Bruno Mars

Girl group Blackpink's Rose released her single “APT.” in collaboration with global pop star Bruno Mars on Friday, her agency The Black ...

Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index

Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index

Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the KEDI Innovator ESG 30 Index in an annual...

LG Uplus to produce live-action robot drama

LG Uplus to produce live-action robot drama

South Korea's LG Uplus Corp. announced plans to partner with SAMG Entertainment and HighZium Studio Co. to create Korean-style robot content, aimi...

LG Chairman Koo to embark on US trip to oversee battery, AI projects

LG Chairman Koo to embark on US trip to oversee battery, AI projects

Koo Kwang-mo, chair of South Korea’s fourth-largest conglomerate LG, will embark on a weeklong business trip to the US next week to seek new g...

SK embarks on business overhaul to focus on mainstays

SK embarks on business overhaul to focus on mainstays

South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...

Samsung's Galaxy Studio Photo surpasses 100,000 visitors

Samsung's Galaxy Studio Photo surpasses 100,000 visitors

Samsung Electronics Co. announced on Sunday that the Galaxy Studio Photo at South Korea's theme park Everland has surpassed 100,000 visitors. The Ga...

Lotte Wellfood, Studio Dragon to collaborate on K-contents

Lotte Wellfood, Studio Dragon to collaborate on K-contents

South Korea's Lotte Wellfood Co. announced on Friday that it signed a memorandum of understanding (MOU) with K-drama producer Studio Dragon to col...

S.Korea’s KT to innovate media, content businesses with AI

S.Korea’s KT to innovate media, content businesses with AI

South Korea’s telecom giant KT Corp. is set to innovate its media and content businesses with artificial intelligence as it seeks new growth d...

LG Electronics spins off X-UP, 4 other in-house venture firms

LG Electronics spins off X-UP, 4 other in-house venture firms

LG Electronics Inc. said on Thursday it is spinning off five promising in-house venture firms as separate entities to strengthen South Korea’s...

KASA, Korea’s NASA, embarks on hunt for space talent

KASA, Korea’s NASA, embarks on hunt for space talent

South Korea seeking to join the global space power club is set to recruit about 120 local and foreign space experts for the country’s space ag...

PUBG’s Krafton expands in India with localized games

PUBG’s Krafton expands in India with localized games

South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), aims to expand its market share...

Studio Meta-K, Vietnam’s Synapse Studio to co-work for virtual human

Studio Meta-K, Vietnam’s Synapse Studio to co-work for virtual human

South Korea’s content production startup Studio Meta-K announced on Wednesday that it signed a memorandum of understanding (MOU) with Vietna...

Former Hyundai Mobis CEO embarks on ISO president term

Former Hyundai Mobis CEO embarks on ISO president term

In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...

Hyundai Mobis, Wind River to build digital space for SDV

Hyundai Mobis, Wind River to build digital space for SDV

South Korea’s Hyundai Mobis announced on Monday that it will build a digital twin system named M.Dev Studio with the US-based software compa...

Toho buys 25% stake in CJ ENM’s Fifth Season for $225 mn

Toho buys 25% stake in CJ ENM’s Fifth Season for $225 mn

Toho Co. has acquired a 25% stake in Fifth Season for $225 million, a move expected to be a win for not only the money-losing US-based producer-dist...

SK Biopharm gears up to boost epilepsy drug sales in Europe

SK Biopharm gears up to boost epilepsy drug sales in Europe

SK Biopharmaceuticals Co. is gearing up to explore the European market for its flagship epilepsy drug Cenobamate, while looking for new mergers and ...

Dana Petroleum discovers new gas field in North Sea

Dana Petroleum discovers new gas field in North Sea

Dana Petroleum, wholly owned by state-run Korea National Oil Corp. (KNOC), has discovered a new high-quality gas field in the North Sea, KNOC said o...

HMM embarks on biofuel ship pilot testing on global route

HMM embarks on biofuel ship pilot testing on global route

South Korea has begun a pilot operation of a biofuel-powered container ship on a global route, the government said on Friday. HMM Co.'s container sh...

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