Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August

Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August

Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, is set to install its brain ...

Google to invest $100 mn in Gentle Monster in smart glasses push

Google to invest $100 mn in Gentle Monster in smart glasses push

Google LLC has signed an agreement to invest about 145.0 billion won ($100 million) in Gentle Monster, the South Korean fashion eyewear brand that i...

Amazon, Alibaba, TikTok up ante to woo Korean beauty brands

Amazon, Alibaba, TikTok up ante to woo Korean beauty brands

Riding the wave of global enthusiasm for K-Beauty, e-commerce powerhouses like Amazon and Alibaba are racing to bring South Korean cosmetics and bea...

Korea’s aesthetic medicine enjoys golden era with surge in foreign spending

Korea’s aesthetic medicine enjoys golden era with surge in foreign spending

As beauty-conscious tourists continue to flock to Seoul’s clinics, South Korea’s aesthetic medicine sector may be entering a golden era,...

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...

S.Korea’s medical tourism thrives on weak currency

S.Korea’s medical tourism thrives on weak currency

Foreign visitors to South Korea jumped nearly 20% early this year, largely driven by a sharp depreciation in the country’s currency value agai...

LG Chem’s medical skincare business sale draws tepid bid

LG Chem’s medical skincare business sale draws tepid bid

South Korean chemical giant LG Chem Ltd.'s offer for sale of its cosmetics filler business, tagged with an asking price of more than 500 billion won...

DB GlobalChip forays into mobile phone OLED driver chip market

DB GlobalChip forays into mobile phone OLED driver chip market

DB GlobalChip Co., the chip design subsidiary of South Korea’s chip foundry company DB HiTek Co., has begun mass-producing organic light-emitt...

Samsung mobile chief fills leadership void in device division

Samsung mobile chief fills leadership void in device division

Samsung Electronics Co. has appointed TM Roh, president and head of its mobile eXperience (MX) business, as the new chief of its device eXperience (...

KKR, Carlyle, Hillhouse race to buy Korean beauty device maker Classys

KKR, Carlyle, Hillhouse race to buy Korean beauty device maker Classys

Global private equity giants such as KKR & Co., Carlyle Group and Hillhouse Capital Group Holdings are vying to acquire Classys Inc. as the Sout...

Middle East: New land of opportunity for Korean medical devices

Middle East: New land of opportunity for Korean medical devices

South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...

Partners Investment, GordonMD eye $150 mn biotech fund launch

Partners Investment, GordonMD eye $150 mn biotech fund launch

South Korean venture capital firm Partners Investment said on Thursday it will raise up to 215.5 billion won ($150 million) in a biotech fund jointl...

Koh Young gets OK from FDA for brain surgery robot

Koh Young gets OK from FDA for brain surgery robot

Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, said on Monday it got 501K...

Korea’s Lunit in AI-powered lung cancer diagnostics deal with AstraZeneca

Korea’s Lunit in AI-powered lung cancer diagnostics deal with AstraZeneca

Lunit Inc., a South Korean AI-powered cancer diagnostics company, has partnered with global biopharma giant AstraZeneca plc. to jointly enter the AI...

LG’s telecom unit to spend $2.1 bn on transition into AX company

LG’s telecom unit to spend $2.1 bn on transition into AX company

LG Uplus Corp., South Korea’s No. 3 mobile carrier, plans to invest up to 3 trillion won ($2.1 billion) in artificial intelligence and foster ...

PharmaResearch hosts 5th global symposium on 'Rejuran'

PharmaResearch hosts 5th global symposium on 'Rejuran'

PharmaResearch Co. announced that it successfully held the 5th PharmaResearch Global Symposium (PGS) at the Lakai Sandpine Resort on Oct. ...

Bain Capital puts beauty device maker Classys on market

Bain Capital puts beauty device maker Classys on market

Bain Capital has embarked on the process to sell a majority stake in Classys Inc., a South Korean medical aesthetic device maker. The deal is estima...

Samsung mass-produces QLC V9 NAND to lead AI storage market

Samsung mass-produces QLC V9 NAND to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it has begun mass production of a 286-layer high-capacity NAND...

KT applies AIoT video surveillance to EV charging stations

KT applies AIoT video surveillance to EV charging stations

South Korea's KT Corp. said on Monday that it will expand its Artificial Intelligence Internet of Things (AIoT) video surveillance business to elect...

LG Elec to unveil AI home hub ThinQ ON at IFA

LG Elec to unveil AI home hub ThinQ ON at IFA

LG Electronics Inc. said on Thursday that it will unveil LG ThinQ ON, the home appliance industry's first AI home hub equipped with generative artif...

APR, TJX to co-work for Medicube products sale in N.Amerca

APR, TJX to co-work for Medicube products sale in N.Amerca

South Korea's cosmetic and clothing company APR said on Wednesday it signed a supply contract with TJX Companies, the North America-based global ret...

CHA Healthcare incorporates Singapore's SMG as subsidiary

CHA Healthcare incorporates Singapore's SMG as subsidiary

South Korea's CHA Healthcare Co., CHA Biotech's overseas medical business affiliate incorporated Singapore's SMG as a subsidiary. CHA Healthcare an...

Samsung produces thinnest low-power DRAM for AI mobile devices

Samsung produces thinnest low-power DRAM for AI mobile devices

Samsung Electronics Co., the world’s top memory chipmaker, has begun mass production of the industry’s thinnest low-power double data ra...

South Korean beauty device makers bulk up through M&As

South Korean beauty device makers bulk up through M&As

South Korean beauty device manufacturers are aggressively pursuing mergers and acquisitions both at home and abroad to expand their scale, diversify...

Samsung releases 1-terabyte microSD cards for mobile devices

Samsung releases 1-terabyte microSD cards for mobile devices

Samsung Electronics Co. on Thursday released higher-capacity memory cards for portable devices that can store up to 1 terabyte (TB) of data, almost ...

Dreamtech builds electronics, medical device factory in India

Dreamtech builds electronics, medical device factory in India

South Korean electronics components maker Dreamtech said on Monday that it built a new factory in India's Greater Noida.The company invested 85.1 bi...

Spear Korea to acquire AI medical firm Life Semantics

Spear Korea to acquire AI medical firm Life Semantics

South Korea's aerospace materials company Spear Korea will acquire artificial intelligence (AI) medical firm Life Semantics Co. Life Semantics ...

Samsung Elec calls for C-Lab Outside applications

Samsung Elec calls for C-Lab Outside applications

Samsung Electronics Co. announced on Monday that it will enlist startups to participate in its external startup incubation program C-Lab Outside unt...

Samsung buys UK deep tech startup to boost AI business

Samsung buys UK deep tech startup to boost AI business

Samsung Electronics Co., the world’s top mobile phone maker, will acquire Oxford Semantic Technologies, a British deep tech startup, to enhanc...

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...

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