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Coupang posts profit for 2 straight years in 2024 on new growth drivers
(Courtesy of Coupang) Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for two…
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SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell
SKi E&S is Korea’s largest city gas supplier SK Innovation E&S (SKI E&S), the natural gas business unit of South…
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LG Electronics deepens ties with US startup Apex.AI
LG Electronics’ in-cabin sensing solution (Courtesy of LG Electronics) LG Electronic Inc. has invested in Apex.AI, a U.S.-based startup developing…
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LG Innotek ventures into automotive AP module market
LG Innotek’s automotive AP modules (Courtesy of Yonhap) LG Innotek Co., a major South Korean electronics parts developer, has forayed…
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Samsung’s Harman transforms from ugly duckling into golden swan
A Harman executive unveils Ready products at CES 2024 When Samsung Electronics Co. acquired Harman International Industries Inc., a global…
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LG companies flock to debt, equity markets to raise $2.8 billion
LG headquarters building in Seoul South Korea’s fourth-largest conglomerate LG Group companies scrambled to sell bonds and shares to raise…
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Nexon becomes 1st Korean game publisher with over 4 trillion won sales
Nexon launched the Dungeon Fighter Mobile in China in 2024 Nexon Co., the parent of Nexon Games Co., became the…
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Driver in deadly car crash near City Hall gets 7 1/2-yr prison term
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Has anyone from Michigan exchanged their drivers license for a Korean one?
I will probably need a car for my next job. So I need to get a Korean license. I think…
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Korea’s beauty retailer CJ Olive Young to open first US offline outlet
A CJ Olive Young outlet in Seoul CJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it…
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Magnachip up for sale again, contacts Samsung, LG, LX
(File photo by Magnachip) South Korean chipmaker Magnachip Semiconductor Corp. has been put on the market for sale again four…
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Sono Hospitality heralds proxy fight to control T’way Air
A ski resort operated by Sono Hospitality Group in South Korea (Courtesy of Sono Hospitality) Sono Hospitality Group, South Korea’s…
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Celltrion seeks large-scale M&A in Q4, eyes 2027 Nasdaq debut: chairman
Celltrion CEO Seo Jin-seok (left) and Chairman Seo Jeong-jin at JP Morgan Healthcare Conference in San Francisco SAN FRANCISCO –…
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Samsung Electro-Mechanics to produce all-solid-state batteries in 2026
Samsung Electro-Mechanics showcased ultra-compact all-solid-state batteries tailored to wearable devices in September 2024 LAS VEGAS – Samsung Electro-Mechanics Co. will…
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Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
in News(Courtesy of Hyundai Motor Group) Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell 7.39…
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Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
in News
Korea saw its exports reach a record high in 2024 South Korea’s exports, the country’s main growth driver, reached an…
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Samsung joins humanoid robot race with higher stake in Rainbow Robotics
in News
Rainbow Robotics’ bipedal humanoid robot Hubo Samsung Electronics Co. has become the largest shareholder of Rainbow Robotics Co., a South…
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Fleetune continues evolving for smarter route optimization
in NewsFleetune webpage screenshot Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big…
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Hyundai Rotem delivers driverless metro cars to Taiwan
in NewsHyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to…
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Is it common for taxi drivers to send tourists to shops they are affiliated with?
in CommunityOnce he learnt we were on our way to a bbq pork restaurant he made claims of there being snow…
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M&A deals in South Korea at 7-year low in 2024
in NewsSouth Korea’s mergers and acquisitions market shrank further in 2024 as leading business groups such as Lotte, SK and GS…
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Samsung, Hyundai Motor eye tech alliance on autonomous vehicle chips
in News
An IONIQ 5-based self-driving car run by Motional, a US mobility joint venture between Hyundai Motor and Aptiv South Korea’s…
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Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
in News
Hyosung TNC’s booth at the world’s largest outdoor expo, ISPO, in Munich, Germany Hyosung TNC Corp., a South Korean textile…
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Harman to lead Samsung’s automotive solution business
in NewsHarman Automotive extends its partnership with Scuderia Ferrari in February 2024 (Courtesy of Harman) Samsung Electronics Co. will enhance cooperation…
