Kolmar patriarch wants shares gifted to son back amid sibling rivalry
In a dramatic and unprecedented legal move that has shaken South Korea’s corporate landscape, Kolmar Group founder and Chairman Yoon Dong-han ...
Want to look beautiful? – Here’s the 'Made In Korea' mask pack
South Korean face mask packs – a flagship product of K-beauty – are staging a dramatic revival in popularity.Rising to fame alongside K-...
Korea's science ministry picks 10 AI, digital startups to back global growth
South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support th...
IGIS taps Samjong KPMG, Cushman & Wakefiel, NAI for sale of AP Tower
IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen a consortium of Samjong KPMG Accounting Corp., Cushman &am...
SillaJen: First to use lab-grown human tissue to find best cancer drug dose
South Korean biotechnology firm SillaJen Inc. is pioneering a new approach to determine the best dose for a cancer drug combination in clinical tria...
Magnachip to sell display business in H1 to focus on power semiconductors
South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the end of the first half as part of a strategic shift to...
SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs
South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analys...
Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung Chemical Corp. for ...
NXN Labs aims to be Adobe of image generation AI
South Korean tech giant Naver Corp.-backed NXN Labs Inc., the developer of an artificial intelligence-powered image generation program, aspires to b...
President of Latvia visits S.Korea's Daan Cancer Lab
Daan Cancer Laboratory under Severance Hospital said on Thursday it signed a memorandum of understanding (MOU) with the Latvian government to streng...
Bering Lab eyes 7-fold jump in revenue in 5 years
Bering Lab Inc., a South Korea-based artificial intelligence technology-powered translation startup with specialties in legal, financial and intelle...
Korea mulls raising US oil imports to cope with Trump trade policies
South Korea, the world’s fourth-largest oil importer, is considering increasing US oil imports to ease potential pressure from President-elect...
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, SNU, POSTECH, KIST build joint robotics lab
Hyundai Motor Group said on Wednesday that it established a joint robotics research lab in collaboration with South Korea's top research institution...
S.Korean AI content platform Zeta surpasses 1 mn users
South Korean generative artificial intelligence (AI) startup Scatter Lab said on Monday its interactive AI content platform Zeta has surpassed 1 mil...
Naver Labs tops in spatial intelligence tech at ECCV
Naver Labs' spatial intelligence technology was recognized as superior to that of Google, Apple, and Meta at the world's leading computer vision con...
Hyundai, Kia’s H1 vehicle sales in Singapore double
South Korea’s top automaker Hyundai Motor Group said on Sunday its vehicle sales in Singapore, a high-tech innovation hub, more than doubled i...
Krafton diversifies its business by investing in Spoon Labs
South Korea's gaming giant Krafton Inc. said on Wednesday that it invested in SpoonLabs, a domestic short-form drama platform companySpoonLabs is th...
IGIS, Naver Labs to develop tech convergence space platform
South Korea’s IGIS Asset Management Co. said on Wednesday that it signed a memorandum of understanding (MOU) with six companies, including Nav...
After Mercedes Fire, EV Owners Want to Know What Battery They Have
SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...
Korea Investment, most generous venture capitalist in H1
Korea Investment Partners Co. spent the most on local startups among venture capitalists in the first half, while South Korean game developer Smileg...
LG Elec opens LG Labs experience pop-up zone
LG Electronics Inc. announced on Wednesday that it will operate the "Wow Life's Good Lab" pop-up zone at Ground 220 in Yeongdeungpo-gu, Seoul, until...
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...
Korea’s Hanmi family feud to end as key shareholder mediates
South Korean Hanmi Pharmaceutical Group’s founding family is set to conclude an ongoing feud as the group’s top individual shareholder h...
Dentlink, virtual lab for dentists around the world
It's been just over two years since Innovaid Co. launched Dentlink but the South Korean startup has already pivoted from its earlier local market-ce...
Nvidia co-leads Series A round for AI startup Twelve Labs
Global chip giant Nvidia Corp. has co-led a $50 million Series A funding round for Twelve Labs, a South Korean artificial intelligence company speci...
Hyundai Motor, Kia to develop alternative to rare earth materials
Hyundai Motor Co. and Kia Corp. have partnered with South Korea's universities to secure materials for vehicle electrification components.Hyundai Mo...
Samsung Welstory completes new Vietnam logistics center
South Korean food and beverage company Samsung Welstory announced on Thursday that it completed a new logistics center with a cold chain system in B...
Naver D2SF invests in image generation AI startup
South Korea's top online portal Naver Corp. announced on Wednesday that its startup nurturing organization D2SF (D2 Startup Factory) invested in the...
SK Networks establishes AI lab in Silicon Valley
South Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology development organizati...
