Samsung Heavy sails autonomous demonstration vessel

Samsung Heavy sails autonomous demonstration vessel

The South Korean Ministry of Trade, Industry and Energy announced on Thursday the launch ceremony for Samsung Heavy Industries' autonomous demonstra...

KT unveils 8K resolution AI IPTV set-top box

KT unveils 8K resolution AI IPTV set-top box

South Korea's KT Corp. unveiled the first IPTV set-top box supporting 8K resolution (33.2 megapixels) with on-device AI capabilities on Tuesday. Ac...

HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power

HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power

South Korea's HD Hyundai Infracore Co. said on Monday it partnered with Amogy Inc., a US-based ammonia-powered systems developer, and SK Innova...

Kia, KEPCO collaborate to build power ecosystem using PBV

Kia, KEPCO collaborate to build power ecosystem using PBV

South Korea's Kia Corp. and Korea Electric Power Corp. (KEPCO), the state-run utility company, said on Thursday that they signed a memorandum of und...

SK E&S mulls sale of real estate to boost clean energy biz

SK E&S mulls sale of real estate to boost clean energy biz

SK E&S Co., the natural gas business unit of South Korea’s SK Group, is considering selling its real estate asset in Seoul, which is expec...

Lotte Fine Chemical, JEFA to collaborate on clean ammonia value chain

Lotte Fine Chemical, JEFA to collaborate on clean ammonia value chain

Lotte Fine Chemical Co., a subsidiary of South Korea's Lotte Chemical Corp., said on Friday that it signed a Clean Ammonia Value Chain Agreement (JC...

Hyosung to sell its specialty gas unit for $943 mn to Korean PEs

Hyosung to sell its specialty gas unit for $943 mn to Korean PEs

South Korea’s Hyosung Group is poised to sell a 100% stake in its specialty and industrial gas unit to a consortium led by IMM Private Equity ...

Hyundai E&C to build S.Korea's first nuclear-linked hydrogen plant

Hyundai E&C to build S.Korea's first nuclear-linked hydrogen plant

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hydrogen production fa...

LG CNS unveils PerfecTwin ERP Edition in US

LG CNS unveils PerfecTwin ERP Edition in US

South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Wednesday that it unveiled its testing solution PerfecTwin ...

SK Hynix mulls HBM production in Japan, US

SK Hynix mulls HBM production in Japan, US

SK Hynix Inc. is investigating the possibility of building a plant for high-bandwidth memory (HBM), vital for generative artificial intelligence, in...

Samsung releases new Bespoke AI Family Hub product

Samsung releases new Bespoke AI Family Hub product

Samsung Electronics Co. announced on Friday the launch of a new "Bespoke AI Family Hub" refrigerator, designed to offer new AI experiences in everyd...

Doosan to make new fuel cell for hydrogen power plant deals

Doosan to make new fuel cell for hydrogen power plant deals

South Korea’s Doosan Fuel Cell Co. plans to begin mass production of a new phosphoric acid fuel cell (PAFC) model, which is expected to raise ...

Korea builds system to speed up naked short-selling ban

Korea builds system to speed up naked short-selling ban

South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the ...

Doosan Robotics supplies barista robot to Mega Coffee

Doosan Robotics supplies barista robot to Mega Coffee

South Korea's Doosan Robotics Inc. announced on Monday that its cooperative robot barista solution has been installed at the Mega MGC Coffee Konkuk ...

Samsung, Henckels co-develop AI Combo detergent course

Samsung, Henckels co-develop AI Combo detergent course

Samsung Electronics Co. announced on Wednesday that it partnered with the global household and industrial goods company Henckels AG to introduce a d...

LG Group earmarks $74 bn for 5-year investment in Korea

LG Group earmarks $74 bn for 5-year investment in Korea

LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future ...

LG, Jackson Lab to jointly develop AI models for Alzheimer’s, cancers

LG, Jackson Lab to jointly develop AI models for Alzheimer’s, cancers

LG AI Research, the artificial intelligence research arm of South Korea’s LG Group, and the Jackson Laboratory (JAX), a US non-profit biomedic...

LG Uplus, Nokia validate 6G cloud tech

LG Uplus, Nokia validate 6G cloud tech

South Korea's LG Uplus Corp. announced on Friday that it has verified 6G cloud technology in collaboration with Nokia.This technology enhances the s...

Naver Cloud launches real-time streaming feature

Naver Cloud launches real-time streaming feature

South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Friday that it has launched a "real-time streaming" feature for "CLO...

Digital assets emerge as Korean LPs' No. 1 infrastructure target

Digital assets emerge as Korean LPs' No. 1 infrastructure target

Digital infrastructure, such as data centers, towers and smart meters, will be the hottest infrastructure asset this year for South Korean limited par...

SK Gas, SK D&D to venture into US ESS market with Apex

SK Gas, SK D&D to venture into US ESS market with Apex

SK Gas Ltd. and SK D&D Co. will build their first-ever energy storage system (ESS) facility in the US that can power 39,000 homes daily via a jo...

Samsung TV secures artful color certification from Pantone

Samsung TV secures artful color certification from Pantone

Samsung Electronics Co. announced on Tuesday that its 2024 model "The Frame" TV became the first display to receive "Artful Color Certification" fro...

SK Telecom, Naver, AfreecaTV to introduce AI in sportscasting

SK Telecom, Naver, AfreecaTV to introduce AI in sportscasting

SK Telecom Co., Naver Corp., and AfreecaTV have joined forces to introduce artificial intelligence (AI) technology in the sports broadcasting field....

Hanwha Systems to develop swift, accurate mine detection tech

Hanwha Systems to develop swift, accurate mine detection tech

South Korea's Hanwha Systems Co. is set to embark on the development of a mine detection system using big data and artificial intelligence (AI) tech...

LG Elec to launch new business with startup: LG NOVA head

LG Elec to launch new business with startup: LG NOVA head

SAN FRANCISCO – LG Electronics Inc. will set up a new business entity focusing on some of its new growth pillars — digital healthcare, c...

Samsung Engineering partners with global firms for CCUS

Samsung Engineering partners with global firms for CCUS

South Korea's Samsung Engineering is ramping up its strategies in the carbon capture, utilization, and storage (CCUS) arena by securing partnerships...

KT, BI Matrix to develop natural language processing AI

KT, BI Matrix to develop natural language processing AI

South Korea's KT Corp. is partnering with the intelligent solutions specialist company BI Matrix to develop technology that uses artificial intell...

Lotte Global Logistics, CoEvolution to develop automatic solutions

Lotte Global Logistics, CoEvolution to develop automatic solutions

South Korea's Lotte Global Logistics announced on Wednesday that it has signed a memorandum of understanding (MOU) for a strategic partnership with ...

Hyundai Mobis develops one-touch automatic parking tech

Hyundai Mobis develops one-touch automatic parking tech

South Korea's leading automotive parts maker Hyundai Mobis on Tuesday announced its Mobis Parking System (MPS) 1.0P (Premium), a performance-improve...

Hyundai, Kia unveil automatic cleaning method for camera sensors

Hyundai, Kia unveil automatic cleaning method for camera sensors

Hyundai Motor Co. and Kia Corp. on Wednesday announced their development of rotator cam technology using a small wiper and rotation of the cover gla...

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