IFEZ to apply for designation of southern Ganghwa as free economic zone
The Incheon Free Economic Zone (IFEZ) Authority is set to submit its application by the end of June to designate the southern end of Ganghwa Island ...
Dongkuk to file anti-dumping petition vs Chinese color steel imports
Dongkuk Coated Metal Co. and SeAh Steel Corp. are set to file an anti-dumping complaint against Chinese rivals in March as the country plans to impo...
South Korea to levy 38% anti-dumping duties on Chinese steel products
South Korea plans to impose up to 38% provisional anti-dumping duties on Chinese hot-rolled steel plates starting next month, judging that those pro...
South Korea to designate Jeju as flying taxi pilot service zone
South Korea will designate its resort island Jeju a test operation zone for flying taxis as part of the country’s national urban air mobility ...
Korea’s Dongkuk develops world’s 1st biodegradable film for steel plates
Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel unit of South Korean steel conglomerate Dongkuk Holdings Co., on Friday unveiled the wo...
Shinsegae Duty Free opens premium store at Incheon Airport
South Korea's Shinsegae Duty Free launched a premium store at Incheon International Airport, aiming to counter the decline in downtown duty-free sal...
Korea’s Everland to lure horror fans with Netflix series
Everland, South Korea’s largest theme park, is set to lure horror movie fans at home and abroad with famous fright series such as “Stran...
Lotte develops nickel-plated foil for solid-state batteries
Lotte Energy Materials Corp., a major South Korean battery materials maker, said on Tuesday it has developed a nickel-plated copper foil for use in ...
LG Elec opens LG Labs experience pop-up zone
LG Electronics Inc. announced on Wednesday that it will operate the "Wow Life's Good Lab" pop-up zone at Ground 220 in Yeongdeungpo-gu, Seoul, until...
Samsung showcases The Freestyle Zone at camping festival
Samsung Electronics Co. announced on Friday that it set up the experience zone for the portable screen The Freestyle Second Generation at the Go Out...
Nexen Tire partners with San Diego Padres
South Korea's Nexen Tire Corp. announced on Wednesday that it partnered with US Major League Baseball (MLB) team San Diego Padres.The Padres, founde...
Nongshim to open brand zone in Myeongdong, Seoul
South Korean food and beverage giant Nongshim Co. announced on Friday that it will open its brand zone in Myeongdong, Seoul with the domestic street...
Imported cars set to snap 3-year growth streak in S.Korea
Imported passenger cars are expected to see their first retreat in four years in South Korea on the growing popularity of domestic luxury models suc...
POSCO completes automotive steel plates plant in China
South Korea’s POSCO announced on Thursday it completed the new plant for automotive steel plates in Tangshan, Hebei province, China.As a joi...
Japanese steelmakers flood South Korea on back of weaker yen
Japanese steelmakers are expanding their market shares in South Korea, backed by the yen's drop against the Korean won to the lowest in eight years....
KT to build AI medical R&D innovation zone in Seoul
South Korean wireless carrier KT Corp. will build an innovation valley for medical research and development (R&D) based on artificial intelligen...
S.Korea warns of stern response in case of N.Korea satellite launch
The launch of North Korea's first military reconnaissance satellite has entered a “countdown”. North Korea notified the Japanese governm...
S.Korea to launch 10 global innovation special zones by 2027
South Korean government plans to create ten global innovation special zones by 2027, implementing a negative regulation system for the first time in...
POSCO Steeleon’s eco-friendly steel plate gets US certification
POSCO Steeleon Co., a South Korean steelmaker and a unit of POSCO Group, said on Wednesday that its biomass color steel plate has been certified as ...
LG Electronics to open ESG zone at CES 2023 in January
South Korean conglomerates, including LG Electronics Inc., will introduce their environmental, social, and governance (ESG) visions and strategies a...
Samsung unveils gaming experience zone at Selfridges London
Samsung Electronics Co., the world's largest chipmaker and a global electronics giant, announced on Sunday it will open a gaming simulator experience ...
CJ CheilJedang serves up K-food for Qatar World Cup fans
South Korean food giant CJ CheilJedang Corp. said on Tuesday it is operating a Korean food section within the Qatar World Cup’s fan zone, mana...
SK Telecom expands system for self-driving in Seoul
SK Telecom Co., South Korea’s top mobile carrier, has expanded the area covered by the traffic control system for self-driving in Seoul, takin...
Korea contractor for TSMC, Airbus aims to top anodizing sector
South Korea’s YKMC Inc., an integrated contract manufacturer for global companies such as Taiwan Semiconductor Manufacturing Co. (TSMC) and Ai...
Samsung to work with Western Digital on next-gen storage technology
Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...
Hyundai Motor launches robotaxi service in upscale Gangnam district
City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea. The Ministry of Lan...
Passing China, S.Korean shipbuilders hold top spot for three months
South Korea’s shipbuilding industry has maintained the top position worldwide in new orders for three straight months up to July.According to ...
Korea Shipbuilding delivers dismal Q2 loss on higher steel plate prices
Korea Shipbuilding & Offshore Engineering Co. (KSOE), a leading South Korean shipbuilder, on Wednesday posted a dismal quarterly operating loss ...
Dongkuk Steel wows industry with color steel plates, earnings surprise
GAMMANDONG, BUSAN -- The global steel industry underwent an unprecedented slump in 2020, with demand from the shipbuilding and automobile industries...
