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...
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...
S.Korea's foreign reserves amount to $415.4 bn in Nov
South Korea's official foreign reserves at the end of November amounted to $415.4 billion.According to the Bank Of Korea (BOK) on Wednesday, the nat...
Bering Lab eyes 7-fold jump in revenue in 5 years
Bering Lab Inc., a South Korea-based artificial intelligence technology-powered translation startup with specialties in legal, financial and intelle...
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...
Samsung to offer AI features in Galaxy Z6 foldable series
Samsung Electronics Co. will power its Galaxy Z6 series due to be unveiled next month with mobile AI technology, including a live translation featur...
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,...
Coupang, HUFS to partner for industry-academic cooperation
Coupang Inc., South Korea’s No. 1 e-commerce platform, announced on Monday that it signed an industry-academia cooperation agreement (MOU) las...
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...
Lotte Dept. Store introduces AI translation service
South Korea's Lotte Department Store announced on Monday that it introduced an artificial intelligence (AI) interpretation service for foreign touri...
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 ...
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 ...
Upstage releases Solar API for Free
South Korea’s artificial intelligence (AI) startup Upstage announced on Feb. 22 that it released the beta version of its open-source small lan...
Naver expands Papago with Arabic translation, boosting global reach
South Korea's leading online portal Naver Corp. announced on Friday the addition of Arabic translation capabilities to its AI-driven translation ser...
Samsung Galaxy S24 heralds dawning of AI smartphone era
SAN JOSE, Calif. – Samsung Electronics Co. on Wednesday unveiled its latest flagship smartphone Galaxy S24 series, which it calls an “AI...
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...
SK Telecom launches AI-based phone interpreting service
South Korea’s top mobile carrier SK Telecom Co. has launched an artificial intelligence-based telephone interpreting service in real-time for ...
Korean digital comics boost Naver Webtoon’s biz in Japan
Naver Webtoon Ltd., the world’s top digital comics provider, enjoyed robust business in Japan with a record gross merchandise value (GMV) this...
Samsung to feature AI-based real time translation in Galaxy
Samsung Electronics Co. announced on Thursday it plans to feature AI-based translation in its upcoming Galaxy AI smartphone. AI Live Translate Call ...
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...
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...
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 ...
POSCO E&C, LG to develop customized home appliances for remodeling
South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperat...
Naver's translation app Papago faces challenge from German competitor
A German competitor has entered South Korea's translation tool market to challenge No. 1 Naver Corp. and No. 2 Google.The Cologne, Germany-based art...
