Mercedes opens world’s 1st Maybach flagship center in Seoul

Mercedes opens world’s 1st Maybach flagship center in Seoul

Mercedes-Benz Group on Monday opened the world’s first Maybach Brand Center in Seoul, its largest-ever dealership dedicated to the ultra-luxur...

South Korea’s Rznomics inks $1.3 bn out-licensing deal with Eli Lilly

South Korea’s Rznomics inks $1.3 bn out-licensing deal with Eli Lilly

Rznomics Inc., a South Korean RNA therapeutics developer, has signed an agreement worth more than $1.3 billion with US pharmaceutical giant Eli Lill...

Samsung's Harman goes from ugly duckling to golden swan

Samsung's Harman goes from ugly duckling to golden swan

When Samsung Electronics Co. acquired Harman International Industries Inc., a global leader in the audio and automotive electronics business, in 201...

POSCO seeks $1 bn restructuring amid weak steel, battery materials sectors

POSCO seeks $1 bn restructuring amid weak steel, battery materials sectors

South Korea’s POSCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillion won ($1 billion) a...

Baby Shark receives three Emmy nominations

Baby Shark receives three Emmy nominations

South Korea's The Pinkfong Company, popularly known for its "Baby Shark" character, said on Friday that "Baby Shark’s Big Movie" received thre...

LG CNS launches PerfecTwin ERP edition in Japan

LG CNS launches PerfecTwin ERP edition in Japan

South Korea's LG CNS Co. said on Thursday it introduced its automated testing solution, PerfecTwin ERP (enterprise resource planning) edition, to th...

Samsung Galaxy Z Fold Special Edition: slimmest, lightest of its kind

Samsung Galaxy Z Fold Special Edition: slimmest, lightest of its kind

Samsung Electronics Co. said on Monday it is unveiling the Galaxy Z Fold Special Edition (SE) — the thinnest and lightest among the company&rs...

Korean Telco giant KT’s Midas touch with hotel business  

Korean Telco giant KT’s Midas touch with hotel business  

KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indus...

Samsung, Ottogi unveil exclusive lifestyle TV goods

Samsung, Ottogi unveil exclusive lifestyle TV goods

Samsung Electronics Co. announced on Friday that it collaborated with the domestic food company Ottogi to release limited edition goods called Samsu...

Doosan Robotics to delist, wholly own cash-cow Doosan Bobcat

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...

GM Korea supplier Erae cs eyes revival by unit sales

GM Korea supplier Erae cs eyes revival by unit sales

A controlling stake in Erae AMS Co., formerly Delphi Automotive Systems’ South Korean affiliate, is on sale with eight potential bidders eyein...

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 ...

Samsung Life Science invests in US biotech firm Latus Bio

Samsung Life Science invests in US biotech firm Latus Bio

Samsung Life Science Fund, managed by Samsung Group’s venture investment arm, has invested in US biotechnology firm Latus Bio Inc. during the ...

Hana Bank launches All-care Solution for Real Estate Wealth

Hana Bank launches All-care Solution for Real Estate Wealth

South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...

SK Chemicals' bond oversubscribed with $526 mn demand

SK Chemicals' bond oversubscribed with $526 mn demand

SK Chemicals Co., a unit of South Korea’s No. 2 conglomerate SK Group, is set for a successful debt issue as the company’s bond sale has...

Samsung begins new drug development for rare diseases

Samsung begins new drug development for rare diseases

Samsung Bioepis Co., a biosimilar development unit of South Korea’s top conglomerate Samsung Group, has begun its new drug development busines...

Samsung invests in BrickBio in US

Samsung invests in BrickBio in US

Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...

Samsung targets gene therapy sector through US investments

Samsung targets gene therapy sector through US investments

Samsung Group is targeting the gene therapy business through investments in US biotechnology companies as the leading South Korean conglomerate is s...

Samsung spurs XR device business as new cash cow

Samsung spurs XR device business as new cash cow

Samsung Electronics Co. is accelerating extended reality (XR) device development amid intensifying competition with tech behemoths such as Google LL...

LG Channels poised to take off in India as new cash cow

LG Channels poised to take off in India as new cash cow

LG Electronics Inc.'s transformation into a media and entertainment platform is gaining traction as its free web-based television streaming service ...

ToolGen gets FDA approval for TGT-001 as ODD

ToolGen gets FDA approval for TGT-001 as ODD

South Korean genome editing developer ToolGen Inc. announced on Monday that its application for orphan drug designation (ODD) of the gene correction...

Dong-A ST, UMass to jointly research for gene therapy

Dong-A ST, UMass to jointly research for gene therapy

South Korea's Dong-A ST announced on Friday it has signed a joint research agreement with the University of Massachusetts (UMass) Chan Medical Schoo...

Taeyoung to sell cash cow to shore up ailing construction arm

Taeyoung to sell cash cow to shore up ailing construction arm

South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics unit to shore up its f...

LG Electronics unveils new gaming monitor tailored for LoL

LG Electronics unveils new gaming monitor tailored for LoL

LG Electronics Inc. 's new LG UltraGear gaming monitor is optimized for both performance and design and customized for the world-famous multiplayer ...

Genesis unveils Camping Gear Black Edition

Genesis unveils Camping Gear Black Edition

Hyundai Motor Co.'s premium brand Genesis announced on Wednesday that it unveils The Camping Gear Black Edition, tailored for camping enthusiasts.&n...

Naver's Kream integrates with Japan's Soda

Naver's Kream integrates with Japan's Soda

Naver Corp.'s subsidiary Kream, the South Korean limited-edition goods trading platform has decided to merge its operations with Japan's Soda Inc., ...

Samsung Galaxy S23 FE: Affordable yet premium flagship smartphone

Samsung Galaxy S23 FE: Affordable yet premium flagship smartphone

Samsung Electronics Co., the world’s largest smartphone maker by volume, on Wednesday unveiled the Galaxy S23 FE series – its latest fan...

SK becomes top shareholder of US contract drug maker CBM

SK becomes top shareholder of US contract drug maker CBM

SK Pharmteco Co., a South Korean contract development and manufacturing organization (CDMO), said on Wednesday it has secured management rights of t...

Samsung releases Galaxy Watch6 Classic PXG edition

Samsung releases Galaxy Watch6 Classic PXG edition

Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...

Hanmi Science joins race to develop Wegovy competitor

Hanmi Science joins race to develop Wegovy competitor

Hanmi Science Co., the holding company of South Korea’s pharmaceutical giant Hanmi Pharmaceutical Co., has joined the global race to develop t...

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