Korea's science ministry picks 10 AI, digital startups to back global growth

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...

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 Motor launches global talent recruitment program

Hyundai Motor launches global talent recruitment program

South Korea’s top automaker Hyundai Motor Co. has launched a global talent recruitment program, beginning April 1 via its official hiring webs...

MBK commits to restoring Homeplus operations: MBK Vice Chairman Kim

MBK commits to restoring Homeplus operations: MBK Vice Chairman Kim

MBK Partners, facing increasing scrutiny over its highly leveraged acquisition of Homeplus Co., has pledged to go all-out to restore the struggling ...

S.Korea’s top financial regulator pushes tax support for value-up program

S.Korea’s top financial regulator pushes tax support for value-up program

South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...

Samsung Life mulls putting Samsung Fire under its wing as subsidiary

Samsung Life mulls putting Samsung Fire under its wing as subsidiary

Samsung Life Insurance Co., South Korea’s largest life insurer, is considering bringing Samsung Fire & Marine Insurance Co., the country&r...

Korea’s new acting president assures economy resilient, security tight

Korea’s new acting president assures economy resilient, security tight

South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national...

SK Nexilis gets $133 mn subsidy from Poland

SK Nexilis gets $133 mn subsidy from Poland

South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...

SK to nurture 10,000 AI talent, introduce Board 2.0 to enhance governance

SK to nurture 10,000 AI talent, introduce Board 2.0 to enhance governance

SK Group, South Korea’s second-largest conglomerate, said on Monday it plans to nurture 10,000 artificial intelligence professionals over the ...

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 ...

Suwon Hwaseong Cultural Festival to be promoted as global event

Suwon Hwaseong Cultural Festival to be promoted as global event

The South Korean Ministry of Culture, Sports, and Tourism said that the Suwon Hwaseong Cultural Festival, recently chosen as a Korea Representativ...

SK Group may beef up reform drive after CEO seminar

SK Group may beef up reform drive after CEO seminar

South Korea’s energy-to-telecom conglomerate SK Group will hold an annual strategic meeting presided over by its Chairman Chey Tae-won from Oc...

Naver to retire $306 mn shares, but stock remains weak

Naver to retire $306 mn shares, but stock remains weak

South Korea’s leading internet portal operator Naver Corp. will buy back and retire about 400 billion won ($306 million) worth of shares by th...

Near Brain gives hope to millions of stroke patients worldwide

Near Brain gives hope to millions of stroke patients worldwide

Strokes are the second leading cause of death and the third leading cause of disabilities globally, according to the World Health Organization.To fi...

Hudson AI dreams of a world without language barriers  

Hudson AI dreams of a world without language barriers  

South Korean startup Hudson AI is striving to break language barriers with its artificial intelligence-powered voice dubbing technology, enabling gl...

LG CNS, Seoul National Univ. to establish DX talent program

LG CNS, Seoul National Univ. to establish DX talent program

South Korea's LG CNS Co. signed an agreement with Seoul National University's Department of Industrial Engineering on Tuesday to develop talent in d...

Samyang Roundsquare to recruit foreign interns

Samyang Roundsquare to recruit foreign interns

Samyang Roundsquare, the holding company of South Korea's Samyang Group, said on Friday that it recruits foreign interns with the potential for full...

Cosmax, China's Jiangnan Univ. to cooperate joint research

Cosmax, China's Jiangnan Univ. to cooperate joint research

Cosmax Inc., South Korea's largest cosmetics original development and design manufacturer (ODM), said on Thursday that it signed a strategic memoran...

Air Incheon joins Boeing safety operation support program

Air Incheon joins Boeing safety operation support program

South Korea's cargo airline Air Incheon announced on Wednesday that it signed an agreement with American aircraft manufacturer Boeing Co. on Tuesd...

Costco sells Celltrion's Yuflyma Low WAC in US

Costco sells Celltrion's Yuflyma Low WAC in US

South Korea's Celltrion Inc. announced on Tuesday that its autoimmune disease treatment Yuflyma (Low WAC, active ingredient adalimumab) is now avail...

Woori Financial vows higher shareholder returns, value-up after record Q2

Woori Financial vows higher shareholder returns, value-up after record Q2

Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, plans to significantly enhance its shareholder va...

Lunit to supply AI cancer diagnostics to Qatar

Lunit to supply AI cancer diagnostics to Qatar

Lunit Inc., a South Korean cancer diagnostics AI company, announced on Monday that it will provide its AI breast cancer screening solution Lunit Ins...

Doosan Robotics to merge with Doosan Bobcat by early 2025

Doosan Robotics to merge with Doosan Bobcat by early 2025

Doosan Robotics Inc. will complete a merger with Doosan Bobcat Inc. by early next year, a move aimed at prodding Bobcat to take an active role in ex...

Hana Bank, SK Telecom to support AI startups

Hana Bank, SK Telecom to support AI startups

South Korea's Hana Bank and SK Telecom Co. held the final selection and inauguration ceremony for the second AI Startup Accelerator BootCamp at Spar...

Lunit eyes developing markets with AI cancer diagnostics

Lunit eyes developing markets with AI cancer diagnostics

Lunit Inc., a South Korean cancer diagnostics AI company, will accelerate its inroads into developing markets grappling with inadequate cancer diagn...

Kakao supports startups with cloud services

Kakao supports startups with cloud services

Kakao Enterprise, an AI-based cloud solutions service subsidiary of South Korea's Kakao Corp., announced on Thursday that it started the Rocket La...

AmCham launches young professionals program

AmCham launches young professionals program

The American Chamber of Commerce in Korea (AmCham) announced on Wednesday the official launch of its Young Professionals Program (YPP), aimed at nur...

Kolmar Holdings to cancel $14.4 mn worth of its shares

Kolmar Holdings to cancel $14.4 mn worth of its shares

South Korea's Kolmar Holdings Co. , Kolmar Group's holding company, announced on Wednesday that it will implement a value-up program to enhance corp...

YouTube, Coupang offer Shopping affiliate program in Korea

YouTube, Coupang offer Shopping affiliate program in Korea

YouTube has started offering its Shopping affiliate program in South Korea in partnership with the country’s No. 1 e-commerce platform company...

Samsung launches CSR mobile magazine

Samsung launches CSR mobile magazine

Samsung Electronics Co. announced on Monday that it launched the Samsung CSR Mobile Magazine, an online webzine dedicated to highlighting the compan...

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