Organic food chain Chorocmaeul up for sale amid liquidity woes
Financial investors in Chorocmaeul Co., a South Korean organic food store chain, are seeking to sell the management control of the company, which re...
World Vision becomes 1st Korean corporate entity to trade crypto
Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the Sout...
SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services
South Korea has officially cleared the way for low-earth orbit (LEO) satellite internet services, granting regulatory approval for SpaceX’s St...
Hyundai Rotem delivers driverless metro cars to Taiwan
Hyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to mark the arrival of the first ba...
Mediaiplus aims to be the Amazon of clinical trials
Mediaiplus Inc., South Korea’s only provider of data analytics and contract research organization (CRO) matching services for clinical trials,...
Mastern Investment reshuffles organizations
Mastern Investment Management Co., South Korea's real estate investment firm, said an organizational restructuring on Friday.The firm streamlined it...
Seoul to light up Myeong-dong with LEDs like Times Square
Seoul will light up Myeong-dong, a bustling area with office workers and shoppers in the heart of the city, with 16 large outdoor digital billboards...
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...
Hanwha Galleria acquires beverage manufacturer Pure Plus
South Korea's Hanwha Galleria Corp. said on Monday its acquisition of domestic beverage manufacturer Pure Plus.Pure Plus has focused on non-alcoholi...
Kia releases 2025 Sorento
South Korea’s second-largest automaker Kia Corp. said on Monday that it released The 2025 Sorento, an updated version of its best-selling mid-...
Hanjin to provide logistics services for S.Korean SMEs in Vietnam
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, signed a memorandum of understanding (MOU) with the Small Enterprise and Mark...
Woojin selected as preferred bidder for Inglewood light rail project
Woojin Industrial Systems Co., a South Korean railway vehicle manufacturer, said on Friday that it has been selected as the preferred bidder for the...
Hyundai Mobis lighting system wins triple crown of design awards
South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...
Hanwha Ocean to cut CO2 emissions from ships with smart lighting
Hanwha Ocean Co., South Korea's third-largest shipbuilder, said on Friday it has won an approval in-principle (AIP) certificate from Korean Register...
Don’t dwell on Korea discount; light up visibility on global stage
To the world, South Korea is well known as home to the world’s top two memory chipmakers, Samsung Electronics Co. and SK Hynix Inc., but it is...
Lotte to halve basic chemicals in portfolio for profitability
South Korea’s No. 2 petrochemicals manufacturer Lotte Chemical Corp. is set to more than halve its basic chemicals business by 2030 in its por...
SK Innovation looks to merge with SK E&S for organic growth
SK Innovation Co., the parent of South Korea’s largest oil refiner SK Energy Co. and battery maker SK On Co., is looking to merge with energy ...
BNK Capital opens microfinance organization in Uzbekistan
South Korea’s BNK Capital announced on Friday that it established a microfinance organization in Uzbekistan the previous day.Since entering Ca...
SK Ecoplant's Wayble Decarbon gets GIS certification
South Korea's SK Ecoplant Co. announced on Friday that its corporate carbon management platform Wayble Decarbon has obtained the country's first gre...
LG named UK’s best home entertainment brand for five years
LG Electronics Inc. announced on Wednesday that it has been named Home Entertainment Brand of the Year at the "Which? Awards," hosted by the UK non-...
KCCI to support Korean companies expanding into US
The Korea Chamber of Commerce and Industry (KCCI) partnered with the Korean American Chamber of Commerce of Los Angeles (KACCLA) to address th...
Hyundai Motor workers at Alabama plant may move to join UAW
South Korea’s top automaker Hyundai Motor Co. may see labor challenges at its plant in Montgomery, Alabama as its US manufacturing workers are...
Kia unveils teaser images for The New EV6
Kia Corp., the second-largest automaker in South Korea, is introducing an improved model of its first-ever all-electric sports utility vehicle (SUV)...
Samsung’s The Frame selected as display for Art Basel
Samsung Electronics Co. announced on Monday that its TV The Frame was selected as the official display for the world's largest art exhibition Art Ba...
Kakao Entertainment seeks restructuring, closer ties with Piccoma
South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., is seeking renewed growth through corporate restructuring and ...
Samsung gets AWS platinum certification for water stewardship
Samsung Electronics Co. has been awarded the highest level of certification for water management by the Alliance for Water Stewardship (AWS), a le...
ZKW wins DVN Lighting Star Award
ZKW, an Austria-based lighting systems subsidiary of LG Electronics Inc., recently was presented with the Lighting Star Award for Best front lightin...
Lotte Chemical builds AI organizations
South Korea's Lotte Chemical Corp. announced on Thursday that it has established artificial intelligence (AI) organizations tailored to the characte...
Shareholder activism at the cost of facility investments
South Korea’s large business groups are in emergency mode to brace for proxy fights with activist funds at annual general meetings (AGMs) next...
Samsung affiliate labor unions tie up amid dim outlook
Samsung Group affiliates’ unionized workers on Monday launched a joint organization to improve their bargaining power in terms of wages and we...
