Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August

Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August

Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, is set to install its brain ...

Hyundai Steel picks Donaldsonville as $5.8 bn US plant site, seeks investors

Hyundai Steel picks Donaldsonville as $5.8 bn US plant site, seeks investors

South Korea’s Hyundai Steel Co. has chosen Donaldsonville, Louisiana, as the location for its $5.8 billion US steel mill, marking a major stra...

MBK Partners under Korean tax agency scrutiny

MBK Partners under Korean tax agency scrutiny

MBK Partners, a leading North Asia-focused private equity firm, has come under a probe by South Korea’s National Tax Service (NTS) amid the br...

SPC to establish bakery plant in Texas

SPC to establish bakery plant in Texas

South Korea's SPC Group, the operator of the bakery franchise Paris Baguette said on Thursday it plans to build a plant in the City of Burleson, Joh...

S-1 releases CCTV monitoring service

S-1 releases CCTV monitoring service

South Korea's security service provider S-1 Corp. said on Monday it launched CCTV Monitoring Service, a system designed to notify customers of any r...

Samsung's Lee inspects MLCC plant in Philippines as it eyes turnaround

Samsung's Lee inspects MLCC plant in Philippines as it eyes turnaround

Samsung Group Chairman Jay Y. Lee on Sunday inspected Samsung Electro-Mechanics Co.’s production facilities for multilayer ceramic capacitors ...

Netmarble unveils teaser video for its new game ‘The King of Fighters’

Netmarble unveils teaser video for its new game ‘The King of Fighters’

Netmarble Corp. announced on Thursday that it premiered a teaser video for its new game “The King of Fighters (KOF) AFK” at the SNK boot...

LG Innotek develops AI for raw material inspection

LG Innotek develops AI for raw material inspection

LG Innotek, a leading South Korean electronics parts maker, said on Wednesday it developed an artificial intelligence (AI) system that can filter ou...

Hanwha teams up with Australian startup for space business

Hanwha teams up with Australian startup for space business

South Korea’s Hanwha Aerospace Co. has joined hands with Australian startup Gilmour Space Technologies in the space business, bolstering coope...

Korean banks raise mortgage rates despite looming rate cut

Korean banks raise mortgage rates despite looming rate cut

South Korean banks are raising mortgage rates again as the government strives to curb household debt growth that grew at its sharpest pace in three ...

Doosan Bobcat ramps up Chennai plant in India

Doosan Bobcat ramps up Chennai plant in India

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday that it compl...

Korea’s Koh Young to launch brain surgery robot in US in 2025

Korea’s Koh Young to launch brain surgery robot in US in 2025

Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, aims to launch a brain surge...

SK Hynix to invest $14.6 bn to build HBM plant in S.Korea

SK Hynix to invest $14.6 bn to build HBM plant in S.Korea

SK Hynix Inc. will spend 20 trillion won ($14.6 billion) to build a new memory chip manufacturing plant on a site originally designated to build a N...

AhnLab to form joint venture with Saudi SITE

AhnLab to form joint venture with Saudi SITE

AhnLab Inc., South Korea's information security solutions company, announced on Monday that it signed an agreement to establish a joint venture (JV)...

Genesystem enters Indian tuberculosis treatment market

Genesystem enters Indian tuberculosis treatment market

Genesystem, a South Korean biotech company said on Tuesday that it will export 20 on-site tuberculosis (TB) diagnostic devices and 6,000 TB test kit...

Korea gives the nod for foreign workers at plant construction sites  

Korea gives the nod for foreign workers at plant construction sites  

South Korea is expected to allow foreigners to work at plant construction sites nearly two decades after non-native Koreans were banned from those p...

GS E&C banned from new construction deals for 8 months

GS E&C banned from new construction deals for 8 months

The South Korean government said on Thursday it has ordered GS Engineering & Construction Corp. (GS E&C) and four smaller builders to halt t...

Kakao inspects SM Entertainment’s management   

Kakao inspects SM Entertainment’s management   

Kakao Corp. has embarked on a special inspection of SM Entertainment Co.'s financial reporting for the first time since the South Korean internet gi...

HD Hyundai wins $72 mn power equipment order in Saudi

HD Hyundai wins $72 mn power equipment order in Saudi

HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...

LIG Nex1 completes USV test facility

LIG Nex1 completes USV test facility

South Korea's LIG Nex1 Co. announced on Friday that it completed a system assembly test facility dedicated to unmanned surface vehicles (USV) in Gum...

SK E&S partners with East Timor gov't on CCS project

SK E&S partners with East Timor gov't on CCS project

South Korea's SK E&S announced on Wednesday that it signed a mutual cooperation partnership (MCP) with the East Timor Ministry of Petroleum and ...

Toss Pay expands on-site payment in 42 countries

Toss Pay expands on-site payment in 42 countries

Toss Pay, the convenient payment service of South Korea's mobile financial platform Toss, said on Monday it has expanded its overseas on-site paymen...

Naver Webtoon seizes 150 illegal overseas sites

Naver Webtoon seizes 150 illegal overseas sites

South Korea’s Naver Webtoon announced on Thursday it shut down 150 illegal overseas sites, which unauthorizedly posted more than 80 webtoons i...

Naver Pay expands on-site payment to SE Asia countries

Naver Pay expands on-site payment to SE Asia countries

Naver Pay, the simple payment service of South Korea's Naver Financial, said on Thursday it has expanded its overseas on-site payment services. It...

Samsung Lee's urges to keep ‘super gap’ in semiconductor technology

Samsung Lee's urges to keep ‘super gap’ in semiconductor technology

Samsung Electronics Co. Chairman Jay Y. Lee on Thursday visited the construction site of the global memory chip giant’s new semiconductor rese...

HD Hyundai, POSCO to team up for unmanned technology

HD Hyundai, POSCO to team up for unmanned technology

South Korea's HD Hyundai Co. announced on Tuesday that it has signed a business agreement with POSCO Group for the development of unmanned technolog...

Samsung C&T invests $11 mn in construction robot venture

Samsung C&T invests $11 mn in construction robot venture

South Korean construction and engineering company Samsung C&T Corp. has invested 15 billion won ($11.2 million) in the construction robot startu...

Samsung SDI gets top int'l grade for zero-waste landfills

Samsung SDI gets top int'l grade for zero-waste landfills

South Korea’s Samsung SDI Co. on Wednesday said all of its domestic business sites received the highest grade of Platinum in the Zero Waste to...

Upstage to develop shopping-specific AI with ConnectWave

Upstage to develop shopping-specific AI with ConnectWave

South Korea’s artificial intelligence (AI) startup Upstage on Monday said it will develop a shopping-specific AI service with domestic online ...

LIG Nex1 participates in drone road show in Riyadh

LIG Nex1 participates in drone road show in Riyadh

South Korean leading defense company LIG Nex1 Co. took part in a drone-focused workshop "2023 Korea-Saudi Arabia Drone Road Show" in Riyadh, Saudi A...

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