Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold

NEW YORK – Samsung Electronics Co. plans to release its first triple-folding smartphone by the end of this year to fend off growing competitio...

Korea’s SK Siltron receives $544 mn loan from DOE for wafer investment

South Korea’s SK Siltron Co. has secured a $544 million loan from the US Department of Energy (DOE) to invest in a high-quality silicon carbid...

Samjong KPMG reappoints CEO Kim Kyo Tae for 4th term

Kim Kyo Tae on Friday was reappointed to a fourth term as chief executive of Samjong KPMG, announced the South Korean unit of the global audit and a...

AI-driven shifts will unlock opportunities: SK Chairman

Challenges are ahead but the artificial intelligence industry will eventually boom, opening new markets, said South Korea’s second-largest bus...

NCSOFT invests in Swedish game startup Moon Rover Games

NCSOFT Corp., a South Korean game developer, said on Tuesday it has made an early stage investment of $3.5 million in Swedish game startup Moon Rove...

Samsung’s mobile AI journey ‘just getting started’: TM Roh

For Samsung Electronics Co., the Galaxy S24 series is not just an upgrade to its previous flagship models. It’s an evolution that opens a new ...

SK Group’s Chey Tae-won heads to Europe, seeks AI partnerships at MWC

SK Group Chairman Chey Tae-won will embark on a business trip to Europe next week as South Korea’s second-largest conglomerate seeks to streng...

MBK names two partners as vice chairman, vice president

MBK Partners said on Wednesday it has named Moon Joo Ho, partner and head of South Korea for special situations, as the North Asia-focused private e...

Campbell Lutyens taps ex-KIC PE chief as Korea head

Campbell Lutyens & Co. Ltd., a UK private equity advisory firm, has tapped sovereign wealth fund Korea Investment Corporation (KIC) former PE he...

S.Korea to put self-developed lander on moon by 2032

South Korea plans to put its first lunar lander on the moon by 2032.  In a meeting of the National R&D Project Evaluation Advisory Commit...

S.Korea's Shift Up scouts former OpenAI engineer

South Korea's game develop and design studio Shift Up has hired AI developer Kim Tae-hoon, who hails from Silicon Valley, to enhance its game artifi...

S.Korea-US to deepen aerospace ties through NASA's Artemis

South Korea and the US are set to deepen their partnership in the aerospace sector through the Artemis program, a human and robotic Moon exploration...

S.Korea's lunar orbiter Danuri captures back side of the moon

South Korea's first lunar orbiter Danuri has released photos of the moon's far side. The Korea Aerospace Research Institute (KARI) announced on Wedn...

Samsung denies claim of fake moon photo by premium smartphone model

Samsung Electronics Co. has denied that a photo of the moon in the night sky taken by its premium smartphone Galaxy S23 Ultra is fake, saying as soo...

Korea’s 1st moon probe Danuri enters lunar orbit; world’s 7th mission

South Korea on Wednesday became the world’s seventh country to send a lunar orbiter to the moon, joining other advanced countries in a heated ...

Korea's NPS seeks new CIO as Ahn ends term Oct. 18

South Korea’s National Pension Service (NPS) is looking for a new chief investment officer (CIO) as former CIO Ahn Hyo-joon’s term ended...

NPS' new chairman Kim Tae-hyun to start 3-year term

South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp....

S.Korea’s first mission to the Moon, Danuri, enters transfer orbit

South Korea’s first lunar orbiter, Danuri, has been launched onto a ballistic lunar transfer orbit as planned, the country’s science min...

DigitalBridge names Korean Tae Ahn as Asia capital formation head

DigitalBridge Group Inc., a US digital infrastructure investment firm, announced on July 19 it has appointed South Korean Tae E. Ahn as managing d...

Moon boats light up the birthplace of Korean Confucianism

Riding a crescent moon-shaped boat that changes colors is a must-do experience in the small South Korean city of Andong, 190 km southeast of Seoul.T...

The lunar economy is here – Airbus Vice President Jaffart 

Global aerospace juggernaut Airbus SE says we have already entered the lunar economy and the company is looking forward to soon collaborating on lun...

Behind the scenes of GS-led group's $1.5 bn Hugel purchase

South Korea's energy-to-construction conglomerate GS Group was not considered a serious bidder when it entered the race for a 46.9% stake in the cou...

Korean housing prices soar to $5 tn in Moon admin with record growth

South Korean house prices have risen more during the President Moon Jae-in administration than any other as the current government has focused more ...

GS Energy to create renewable JV with Spain’s Iberdrola

South Korea’s leading oil and gas company GS Energy Corp., a wholly-owned subsidiary of GS Holdings, and Spain’s largest utility company...