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Naver beleaguered by weak Korean businesses amid Line woes
Naver headquarters in South Korea (Courtesy of Yonhap) South Kora’s online giant Naver Corp. is struggling with sluggish core domestic…
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SK seeks to sell 13.3% stake in Chinese food firm Joyvio
SK and Joyvio Group celebrate a virtual MOU signing ceremony on Jul 26, 2021 (Courtesy of SK) SK Inc., the…
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CJ CheilJedang profit beats forecast on overseas business
Golf fans enjoy K-food at a Bibigo booth at the CJ Cup, a professional golf tournament on the PGA Tour,…
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Hyundai’s JV Motional delays robotaxi commercialization, cuts jobs
The Motional IONIQ 5 robotaxi carrying ride-hail passengers on The Strip in Las Vegas at night (File photo, courtesy of…
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Korea’s Koh Young to launch brain surgery robot in US in 2025
The Kymero, Koh Young’ neurosurgical robot (Courtesy of Koh Young) Koh Young Technology Inc., a South Korean developer of 3D…
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SK Hynix to sell 50% stake in Wuxi foundry unit to China state firm
SK Hynix Wuxi (Courtesy of SK Hynix) SK Hynix Inc. will sell a nearly half stake in its foundry unit…
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KakaoBank sees record quarterly net profit
South Korea’s KakaoBank Corp. enjoyed a record quarterly net profit of 111.2 billion won ($81 million) for the first quarter…
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Hyundai to launch new hydrogen-powered NEXO in Q2 2025
The Hyundai NEXO FCEV (Courtesy of Hyundai Motor) South Korea’s top automaker Hyundai Motor Co. plans to introduce a next-generation…
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OECD sharply revises up S.Korea GDP forecast after strong Q1
Containers are stacked to be loaded on ships in a port in South Korea The Organisation for Economic Co-operation and…
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S.Korea’s KT to innovate media, content businesses with AI
Kim Hoon-bae, head of KT’s media platform business, speaks to the press on the group’s media and content strategy on…
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LG Chem to supply switchable glass films to Webasto
LG Chem and Webasto officials pose for a photo after signing a smart glass film supply contract (Courtesy of LG…
