Xiaomi to open first offline store in S.Korea with premium products
Xiaomi Inc., a Chinese technology giant, will open its first offline store in South Korea next week, about six months after its virtual foray into t...
LG Electronics breaks ground on $600 mn home appliance plant in India
South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to...
Paris Baguette partners with Tottenham Hotspur
South Korean bakery brand Paris Baguette, operated by SPC Group, said on Wednesday it partnered with Premier League football club Tottenham Hotspu...
Boryung invests $10 million in Intuitive Machines
South Korea's Boryung Corp. said on Friday it bought $10.0 million in shares of US-based lunar lander company Intuitive Machines to expand its space...
SK Telecom, KT win at Leading Lights Awards
SK Telecom Co. and KT Corp. received the Leading Lights Awards 2024. SK Telecom and KT were named winners of Outstanding Use Case: AI/Machine L...
Samsung sets sights on next-generation memory CXL DRAM
South Korean tech giant Samsung Electronics Co. is setting its sights on next-generation memory technology, dubbed CXL, to lead the artificial intel...
Doosan Robotics to delist, wholly own cash-cow Doosan Bobcat
Doosan Enerbility Co., a leading South Korean power plant engineering company, is handing over its entire 46% stake in machinery affiliate Doosan Bo...
Jollibee to acquire Korea’s Compose Coffee in $340 mn deal
Jollibee Foods Corp., the Philippines’ largest fast-food chain, is set to take over a majority stake in Compose Coffee Co., South Korea’...
Ediya Coffee expands to Malaysia following Guam
South Korea's homegrown coffee chain Ediya Coffee announced on Friday that it has signed a master franchise agreement in Malaysia, marking the begin...
Mega Coffee to open first store in Mongolia
South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...
Korean construction machine makers set sights on India, Brazil, Mexico
South Korea’s leading construction machine makers are actively advancing into emerging markets such as India, Brazil, Mexico and Saudi Arabia,...
Ediya Coffee introduces Taiwan Pay
South Korea's homegrown coffee chain Ediya Coffee announced on Tuesday that it introduced Taiwan's popular mobile payment platform Taiwan Pay (TWQR)...
Machine tool maker DN Solutions kicks off IPO process
DN Solutions Co., the world’s third-largest machine tool maker, has kicked off the process of going public on the Korea Exchange, in an initia...
LG’s washers selected as best by Consumer Reports
LG Electronics Inc. swept the top three spots in the major categories of the US Consumer Reports Best Washing Machines of 2024 evaluation.The evalua...
Tim Hortons opens sixth store in S.Korea
Canadian coffee brand Tim Hortons opened its sixth store in K-Twin Towers in Gwanghwamun, Seoul, South Korea, according to the company on Tuesday.&n...
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 ...
Hollys Coffee goes to Japan as Korean franchises turn gaze abroad
Hollys Coffee, a unit of South Korea’s KG Group, is opening its first overseas outlet in Osaka, Japan, riding on the popularity of Korean cult...
Hyundai Wia unveils EV manufacturing specialized solution
Hyundai Wia Corp., a South Korean automotive parts manufacturer, unveiled its Mobility Manufacturing Total Solution specialized for electric vehicle...
LG Elec named best front-load washer in US
LG Electronics Inc. has dominated the top positions in the latest ratings for the best front-load washing machines conducted by Consumer Reports, a ...
Homegrown coffee chains emerge as strongest players in Korea
Competition in South Korea’s coffee market is intensifying with the rise of fast-growing local brands such as Mega Coffee and Compose Coffee, ...
Starbucks reigns in coffee republic of South Korea; Drink, play and work
In South Korea, coffee is not just something to drink. It’s a culture, in which people drink, play and work.Koreans’ love affair with co...
Lotte gets exclusive right of Bacha Coffee in S.Korea
South Korea's Lotte Department Store announced on Thursday that is has secured the exclusive franchise and distribution rights for Bacha Coffee, M...
Tim Hortons to open two more stores in Seoul in January
Canadian coffee brand Tim Hortons is opening two more stores in Seoul this month.Tim Hortons announced on Wednesday that it will open its Sungnyemun...
HD Hyundai Construction, Infracore to use integrated machinery platform
HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is building an integrated equipment manufacturing platform for its two const...
Coupang opens its second logistics center in Taiwan
Coupang Inc., South Korea’s leading e-commerce platform, has opened its second fulfillment center in Taiwan and plans to open a third one ther...
Hyundai Glovis opens smart logistics R&D center G-Lab
South Korean shipping and logistics company Hyundai Glovis Co. announced on Wednesday it has opened a research and development (R&D) space for s...
Canada's Tim Hortons to open 2nd store in Gangnam
Canada's No. 1 coffee chain Tim Hortons announced on Thursday that it plans to establish its second South Korean flagship store at the bustling Te...
Pulmuone launches unmanned instant cooking vending machine
South Korean food company Pulmuone announced on Tuesday that it developed an advanced robotic vending machine capable of preparing hot meals on dema...
Canada's coffee brand Tim Hortons to open store in Gangnam
Canada's No. 1 coffee chain Tim Hortons revealed plans on Tuesday to establish its first South Korean flagship store at the bustling intersection of...
HD Hyundai posts big exports to Argentina, S.Arabia
South Korea's HD Hyundai Construction Equipment Co. (HCE) on Sunday said it recently concluded deals to supply 73 machines including excavators and ...
