
Korean Comapny
Unbiased History & Stories on Korea for Global Audience
Sponsored by Open Korea Foundation
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Mercedes-Benz ranked first in KSQI imported car dealership
Mercedes-Benz Korea announced on Wednesday that it has ranked first in the imported car dealership category for the 10th consecutive…
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South Korea to develop gas-cooled reactor with POSCO, SK, Daewoo
A nuclear power plant operated by Korea’s KHNP South Korea has embarked on a 44.5 billion won ($32.3 million) project…
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LG Chem emerges as global No. 4 chemicals maker: C&EN
LG Chem’s chemistry scientists (Courtesy of LG) South Korea’s LG Chem Ltd. has emerged as the world’s fourth chemicals producer,…
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LG Uplus to produce live-action robot drama
South Korea’s LG Uplus Corp. announced plans to partner with SAMG Entertainment and HighZium Studio Co. to create Korean-style robot…
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Toss Securities to establish New York subsidiary
South Korea’s Toss Securities will establish a subsidiary in New York, the US to to expand its overseas business. The…
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Samsung SDI’s Q2 profit drops on sluggish European EV sales
Samsung SDI headquarters in Yongin, Gyeonggi Province, South Korea (Courtesy of Samsung) Samsung SDI Co., the world’s sixth-largest electric vehicle…
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NCSOFT invests in Swedish game startup Moon Rover Games
NCSOFT released its new fighting game Battle Crush in July 2024 (Courtesy of NCSOFT) NCSOFT Corp., a South Korean game…
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Lotte India, Havmor to merge to raise $722.4 mn in sales
Lotte Wellfood’s headquarters building in Seoul, South Korea (Courtesy of Lotte Wellfood) South Korean confectionery giant Lotte Wellfood Co. will…
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HD Hyundai Oilbank exports bio marine fuel blends
The Korea Customs Service announced on July 29 that domestic petroleum products were exported after being blended in a bonded…
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SM Entertainment, S.Korean startup Jienem to build K-Pop hotel
South Korea’s residence operator startup Jienem announced on Monday that it signed a memorandum of understanding (MOU) with Kreation Music…
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HD Hyundai Marine Solution wins $60 mn ship maintenance contract
HD Hyundai Marine Solution Co., HD Hyundai’s marine industry comprehensive solution company, signed its largest long-term maintenance contract to date.…
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Korea extends rescue funds as Qoo10 CEO apologizes for payment delays
Headquarters of WeMakePrice and TMON in Seoul (Courtesy of Yonhap) South Korea on Monday came up with a plan to…
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Colosseum poised for next leap with global push
Colosseum FDs inside a fulfillment center (Courtesy of Colosseum) Colosseum Corporation Inc., a fulfillment startup based in South Korea, has…
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Korean shipbuilding shares surge on supercycle hope, Trump Trade
Hyundai Heavy Industries’ Ulsan shipyard South Korea’s Big Three shipbuilders, also the world’s three largest, stand to benefit from the…
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Baemin founder sets out for new trophy platform
Stayfolio Kim Bong-jin, a former chairman and chief executive officer of Woowa Brothers Corp., the operator of South Korea’s No.…
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Doosan Robotics, Bobcat ordered to clarify merger deal
Doosan’s chicken-frying robot performs its task at a high school (Courtesy of Doosan Robotics) South Korean regulators have ordered Doosan…
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Kolmar Korea, Sensient Beauty to co-develop pigments
Kolmar Korea, a supplier to global cosmetics brands such as Estee Lauder, announced on Friday that it signed a memorandum…
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SK Chemicals, Kooksoondang to develop CR-PET container
South Korea’s SK Chemicals Co. and South Korean traditional rice-based wine brewery Kooksoondang Co. signed a memorandum of understanding (MOU)…
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Samsung SmartThings gets global certification for information security
Samsung Electronics Co. announced on Friday that its global connected living platform SmartThings received the ISO/IEC 27001:2022 certification for information…
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China, LG H&H’s pain in the neck amid global K-beauty boom
Chinese internet influencers at LG H&H’s launch event for new product of The Whoo in Shanghai in August 2023 (File…
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Woori Financial vows higher shareholder returns, value-up after record Q2
Woori Financial Group’s headquarters building Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, plans to significantly enhance…
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S.Korea fines AliExpress $1.4 mn for alleged privacy breach
AliExpress ad in South Korea South Korea’s privacy authority punished AliExpress including a fine of $1.4 million for allegedly not…
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Paldo enters S&R, Puregold in Philippines
South Korea’s food and beverage company Paldo is strengthening its competitiveness in the Philippine market. Paldo announced on Thursday that…
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LG CNS, Aeon to collaborate on EdTech in Japan
South Korea’s LG CNS announced on Thursday it signed a memorandum of understanding (MOU) with Aeon, an education company operating…
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Hanyang Securities stake draws bids without sale manager
Hanyang Securities’ headquarters in Yeouido, Seoul Hanyang Securities Co. has received preliminary bids from four to five South Korean companies…
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LG Display cuts vendors’ stakes, axes jobs for turnaround
LG Display’s South Korean production complex in Paju, Gyeonggi Province (File photo by LG Display) LG Display Co., the world’s…
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Lotte Infracell, Constellium sign anodic film supply contract
South Korea’s Lotte Infracell announced on Wednesday that it signed a long-term supply contract for anodic film raw materials with…
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KOMIPO wins Indonesia turbine maintenance project
Korea Midland Power Co. (KOMIPO) announced on Tuesday that a consortium consisting of its Indonesian subsidiary, KOMIPO Energy Indonesia (KEI),…
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Hyundai eyes Japan’s commercial EV market with e-bus deal with Iwasaki
Cho Won-sang (right), head of Hyundai Mobility Japan, and Iwasaki Group CEO Yoshitaro Iwasaki sign an LOI on the Elec…
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Hyundai Motor forms EV Charging Alliance in Indonesia
Hyundai Motor Co. announced on Monday that it established the Hyundai EV Charging Alliance with six local private charging operators…
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High power bills drive Korean manufacturers out of country
Samsung Electronics semiconductor complex in Taylor, Texas under construction (File photo by EPA/Yonhap) South Korean manufacturers moved abroad as electricity…
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Naver begins Saudi digital twin project for smart cities
Naver’s virtual simulations of cities based on digital twin platforms South Korean internet giant Naver Corp. and the Saudi Arabian…
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Kakao Mobility launches overseas car rental service
South Korean mobility platform Kakao Mobility said on Monday that it launched an overseas car rental service accessible through its…
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Doosan Robotics, Bobcat merger prompts call for law revision
Doosan Group headquarters in Bundang, Gyeonggi Province Doosan Group’s announcement of a merger between Doosan Robotics Inc. and Doosan Bobcat…
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K-content powerhouse’s YouTube channels disrupted by hacks
Lovely Runner scene streamed on tvN’s YouTube channel (Captured from official tvN YouTube) YouTube channels of the South Korean entertainment…
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Lotte Rental to service Vietnam’s individual long-term rental
Lotte Rental Co., South Korea’s largest car rental firm, announced on Monday that it will enter Vietnam’s individual long-term car…