Korean Comapny
Unbiased History & Stories on Korea for Global Audience
Sponsored by Open Korea Foundation
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Samsung to offer 7 years of free Tizen OS upgrade for AI TVs
Yong Seok-woo, president and head of Samsung’s visual display business division Samsung Electronics Co., the world’s top smart TV maker,…
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Korea tightens rules on Netflix, Spotify subscription billing
South Korean drama series and films on Netflix (File photo, courtesy of Netflix) South Korea’s antitrust body is slated to…
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AI-driven shifts will unlock opportunities: SK Chairman
SK Chairman Chey Tae-won speaks at the 2024 Icheon Forum on Aug. 21, 2024 (Courtesy of SK Group) Bumpy roads…
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What’s wrong with making money from startup exits?
The Venture Summer Forum holds an annual conference in Seoul on August 20, 2024 (Courtesy of the Ministry of SMEs…
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Enormous market ahead for Hopae, S.Korean DID pioneer
Hopae develops a DID-based identity system for esports players in South Korea (Screenshot captured from Hopae website) To Hopae Inc.,…
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Hyundai Motor, Kia gets A- credit rating from S&P Global
Hyundai Motor Co. and Kia Corp. said on Thursday that S&P Global upgraded their credit ratings from BBB+ to A-,…
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LG aims to make most of profit from new growth engines
LG Electronics CEO Cho Joo-wan speaks during an investor forum at LG Science Park in Seoul on Aug. 21, 2024…
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LG Energy looks to battery safety diagnosis software business
EV battery system jointly developed by LG Energy and GM LG Energy Solution Ltd., one of the world’s top battery…
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Stock-rich KCC’s shareholdings exceed its market cap
KCC opened a booth for PCIM Europe 2024, a power electronics exhibition, in Germany in June (Courtesy of KCC) KCC…
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Yuhan’s lung cancer drug clears FDA hurdle for global debut
Yuhan’s Lazertinib, or Lazcluze, is marketed under the brand name Leclaza in South Korea A new lung cancer treatment developed…
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Hansae Yes24 moves closer to owning GM supplier Erae AMS
Hansae Yes24 Holdings Co., the holding company of South Korea’s leading apparel original equipment manufacturer (OEM) Hansae Co., has moved…
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Korea’s KEDI-based ETFs boom; net assets double in 2 months
KEDI-based ETFs are booming in growing popularity (Courtesy of Getty Images) South Korean exchange-traded funds (ETFs) that track KEDI, a…
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Korea Investment, most generous venture capitalist in H1
(Courtesy of Getty Images) Korea Investment Partners Co. spent the most on local startups among venture capitalists in the first…
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Korea to punish copper scrap traders for illegal exports
A Busan Regional Customs official inspects seized copper scrap from traders at a port in Busan (Courtesy of the Busan…
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Korea’s Mirae Asset to open AI business unit in New York
Mirae Asset Group founder and Global Strategy Officer Park Hyeon Joo (File photo by Hyuk Choi) Mirae Asset Group, the…
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EcoPro BM, GEM to cement partnership for nickel, precursors
EcoPro BM signs an MOU with GEM on business cooperation in early August 2024 EcoPro BM Co., a South Korean…
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Shinhan Card tops S.Korea’s EPG ranking for financial institutions
South Korea’s Shinhan Card said on Monday it was ranked as the leading company in the domestic financial sector in…
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South Korea to extend export missile range from 300 km to 500 km
LIG Nex1’s guided missile Hawk South Korea has decided to extend the range of missiles for exports to 500 kilometers…
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SK seeks sale of specialty gas unit for around $3 bn
Researcher at SK Specialty’s laboratory (File photo, courtesy of SK) SK Group, the second-largest conglomerate in South Korea, is considering…
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Samsung’s financial arms beat No.1 banking group KB in profit
Samsung Group’s financial services business has overtaken South Korea’s No. 1 banking group KB Financial Group in terms of net…
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Korea’s airline firms plagued by elevated fuel costs, strong dollar
Korean Air and Asiana’s aircraft (Courtesy of Yonhap) South Korea’s six listed airline companies have posted worsening profitability in the…
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Naver Cloud takes the lead in Korea’s public AI business
Naver Cloud DEO Kim Yoo-won (File photo by Naver) South Korean online giant Naver Corp.’s cloud subsidiary is expanding its…
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IMBiologics transfers autoimmune disease drug tech to Huadong Pharma
South Korea’s antibody-based biotech company IMBiologics announced on Friday that it signed a contract to transfer the technology of its…
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HD Hyundai Samho, Wan Hai sign LOI for methanol-powered ships
South Korea’s HD Hyundai Samho secured a potential order for four methanol dual-fuel container ships from Taiwan’s Wan Hai Lines,…
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Hyosung, Kolon’s tire cord plants run fully on insatiable demand
Hyosung tire cords (Courtesy of Hyosung Advanced Materials) A bright business prospect lies ahead for Hyosung Advanced Materials Corp. and…
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Acquisition loan rates dip to pre-pandemic levels in S.Korea
(Courtesy of Getty Images) Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level,…
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Coupang, CJ Cheiljedang end feud and resume Rocket Delivery
Coupang Inc., South Korea’s largest e-commerce platform, on Wednesday resumed the same- or next-day delivery service dubbed Rocket Delivery for…
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Alipay’s rise puts Korea on alert to private data breach
A store in Myeong-dong, Seoul South Korean fintech companies’ customer data transfer to Alipay, a Chinese payment platform, sets off…
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LG Display seeks to supply tandem OLED display to Bentley, Cadillac
LG Display’s 83-inch OLED screen with META Technology 2.0 showcased at K-Display 2024 LG Display Co., the world’s top organic…
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Coupang, CJ Cheiljedang end feud to resume Rocket Delivery
Coupang Inc., South Korea’s largest e-commerce platform, on Wednesday resumed the same or next-day delivery service, dubbed Rocket Delivery, for…
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Samsung’s Monimo set to disrupt Korea’s financial app market
Monimo mobile app launched by Samsung Financial Networks in April 2022 (Courtesy of Samsung Financial Networks) Samsung Group, South Korea’s…
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LG Uplus to support smart city transformation in Hwasun
South Korea’s LG Uplus Corp. announced on Wednesday that it will support the smart city transformation of Hwasun-gun in South…
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Hyundai Mobis’ sustainability pledge for a better tomorrow
Hyundai Mobis employees inspect the biodiversity of the Miho River, Jincheon, North Chungcheong Province (Courtesy of Hyundai Mobis) Hyundai Mobis…
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Google to target global webtoon sector with Korean creators
(Captured from Dashtoon website) BENGALURU – Google teamed up with South Korean creators to target the global webtoon industry, spurring…
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Doosan Fuel Cell wins $73 mn hydrogen fuel cell contract
South Korea’s Doosan Fuel Cell has secured a 100 billion won ($72.93 million) contract for the maintenance of hydrogen fuel…
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Korean shipbuilder Samsung Heavy resumes its Asia push
Samsung Heavy Industries’ Geoje Shipyard (Courtesy of Samsung) Samsung Heavy Industries Co., a leading South Korean shipbuilder, is set to…
