Samsung mobile chief fills leadership void in device division

Samsung Electronics Co. has appointed TM Roh, president and head of its mobile eXperience (MX) business, as the new chief of its device eXperience (...

Former FSC chief Shin Je-yoon likely to be tapped as Samsung board chair

Shin Je-yoon, former chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), will likely assume the role o...

Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted

South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive marketing by Chines...

Hyundai Everdigm enters NA construction machinery market

South Korea’s Hyundai Everdigm Corp. announced on Monday that it has signed a dealership agreement with the US-based heavy equipment special...

POSCO E&C develops solution for detecting wall cracks by drones

South Korea's POSCO E&C has developed a solution for apartment exterior wall maintenance using drones.The company announced on Tuesday that it h...

POSCO Holdings’ Chairman Choi to hand over baton

POSCO Holdings Inc.'s Chairman Choi Jeong-woo is not among the company’s next CEO candidates, suggesting Choi will leave the company after ser...

NPS fills basket with China reopening, cosmetics shares; tech firms sold

South Korea’s National Pension Service (NPS) sold electronics, information technology and content-related shares in the third quarter, and fil...

Korea’s smaller firms embrace older, experienced workforce

South Korea’s liquid filtration system developer Neos Corp. has seven employees, all seasoned mechanical and electrical engineers in their 60s...

Samsung C&T invests $7.5 mn in Canadian low-carbon concrete firm

South Korea's Samsung C&T Corp. announced on Wednesday that it has decided to invest $7.5 million (9.8 billion won) in CarbonCure Technologies I...

Night at Korean royal palace brims with stars and Gucci fashion

Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...

Samsung to fill the void as TSMC trims spending?

While the world’s largest foundry chipmaker TSMC Co. appears to be slowing its pace of facility investment to cope with excess inventory, its ...

Seoul City’s new slogan, Seoul My Soul

Seoul's new brand slogan to replace "I·SEOUL·YOU" has been confirmed as "Seoul, my soul." The Seoul Metropolitan Government announced ...

CJ Olive Young introduces Beauty Box filled with K-beauty products

South Korea's health and beauty store chain operator CJ Olive Young Co. announced on Thursday that it will introduce its K-beauty curation service c...

Eugene Corp. develops concrete production simulation system

South Korea's Eugene Corporation, which specializes in ready-mixed concrete and construction material distribution, announced on Wednesday that it h...

POSCO's composite column building method gets green tech certification

South Korea's steelmaker POSCO on Sunday said its P-Box Column, the method of building a concrete-filled synthesized column jointly developed with P...

Noroo Paint, GS E&C jointly develop anti-carbonation paint for concrete

Noroo Paint, in collaboration with GS Engineering & Construction Co., announced on Tuesday the development of "Qfit Protect," a high-performance...

Lotte Construction develops eco-friendly concrete

Lotte Engineering & Construction has developed eco-friendly concrete that can reduce carbon dioxide emissions by up to 90%. In collaboration wit...

Foreign airlines fill hole left by Korean carriers

Foreign carriers such as Delta Air Lines and Vietnam’s VietJet Air are rapidly increasing flights to and from South Korea, filling the hole le...

Lotte Chem, Air Liquide Korea launch JV for hydrogen business

South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...

Startups race for top talent to fill CTO positions

Just a few years back, fashion startups in South Korea rarely saw the need for a Chief Technology Officer (CTO). The same was true for the so-c...

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Jay Y. Lee, vice chairman and de facto leader of South Korea’s top conglomerate Samsung, has embarked on a business trip to North America to f...

Netflix to strengthen partnerships with ISPs through network technology

Netflix Inc. has confirmed it will focus on partnerships with South Korean internet service providers (ISPs) through its in-house distribution netwo...

Police fund to appoint equities specialist as CIO

South Korea's Police Mutual Aid Association (PMAA) has picked Han Jong-seok, a former chief investment officer of Meritz Asset Management Co. and eq...