
Korean Comapny
Unbiased History & Stories on Korea for Global Audience
Sponsored by Open Korea Foundation
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Hanwha Systems signs $867 million missile radar deal with Saudi Arabia
Hanwha Systems’ multi-function radar (MFR) system used in Cheongung II missiles Hanwha Systems Co., a leading South Korean defense company,…
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Samsung wins 2nm AI chip foundry, package order from Japan
Choi Siyoung, Samsung Electronics’ foundry chief, gives a keynote speech at Samsung Foundry Forum 2024 in Seoul on July 9…
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Korea’s taxi app i.M ties up with MK Group to land in Japan
(Graphics by Dongbeom Yun with file photos by Dae-cheol Lim and MK Group) South Korea’s premium ride-hailing app i.M joined…
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Law&Company vows to go global with AI legal assistant
Kim Bon-hwan, Law&Company CEO, presents its new legal tech service SuperLawyer to the press on July 9, 2024 (Courtesy of…
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Korea’s edtech startups defend against global giants with AI
Fast Campus, a company-in-company of South Korea’s adult education startup Day1 Company (File photo) South Korea’s major online adult education…
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Hanwha, KT to cooperate on smart mining
South Korea’s Hanwha Global, the global division of Hanwha Corp. and KT Corp. announced on Monday that they signed a…
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HBM chip war intensifies as SK Hynix on hunt for Samsung talent
SK Hynix’s advanced chipset South Korean chipmaker SK Hynix Inc., just like its global peers, has largely designed and produced…
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Gmarket CEO vows to reclaim top with know-how from Alibaba, Coupang
Gmarket’s offline sales event in Seoul (File photo, courtesy of Gmarket) A new chief executive of South Korea’s Gmarket Inc.…
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Humax, HeyCharge collaborate on EV charger
South Korea’s mobility solutions company Humax Co. announced on Monday that it partnered with the Germany-based electric vehicle (EV) charging…
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LG Energy’s Q2 profit hurt by EV slowdown, expects Q4 improvement
LG Energy’s cell-to-pack technology for pouch batteries LG Energy Solution Ltd., one of the world’s top three battery makers, on…
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KTO holds Visit Korea Alliance exhibition for foreigners
The Korea Tourism Organization (KTO) announced on Monday that it will hold a VK Alliance Products and Services Special Exhibition…
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S.Korea to join offshore wind alliance to take on China
Offshore wind farm in South Korea with equipment manufactured by the country’s Doosan Enerbility (File photo, courtesy of Doosan Enerbility)…
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SK Innovation gets MSCI ESG’s leader rating
South Korean oil refiner SK Innovation Co. secured an AA rating in the environmental, social, and governance (ESG) assessment by…
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Samsung, SK, LG vie for glass substrate market in AI era
SK Group Chairman Chey Tae-won visits Absolics’ factory in the US state of Georgia on July 7, 2024 (Courtesy of…
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SK Telecom, Singtel partner for next-gen network tech
South Korea’s SK Telecom Co. said on Monday that it signed a memorandum of understanding (MOU) with Singapore Telecommunications (Singtel)…
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SK Geo Centric produces sustainable synthetic fiber
South Korea’s SK Geo Centric Co. will collaborate with global companies in the petrochemical, textile, and apparel sectors from Japan,…
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Samsung SDI to ink $726 mn ESS deal with NextEra Energy
The Samsung Battery Box 1.5, Samsung SDI’s ESS battery to be supplied to NextEra Energy (File photo, courtesy of Samsung…
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NPS overweight in beauty, food; chases APR, Samwha higher
APR factory in Pyeongtaek, Gyeonggi Province The National Pension Service (NPS) has raised its bets on South Korean beauty and…
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Korean IPO boom sets new record; bubble bursts after debut
Trading room at Hana Bank’s headquarters in Seoul on July 2, 2024 South Korea’s initial public offerings in the first…
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Cosmax mulls building cosmetics factory in Latin America
COSME Week Tokyo (Courtesy of Cosmax) Cosmax Inc., South Korea’s biggest cosmetics original development and design manufacturer (ODM), is considering…
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SK Square to ramp up chip investment with new CEO
SK Square taps its Chief Financial Officer Han Myung-jin as new CEO (Courtesy of SK) South Korea’s No. 2 conglomerate…
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Time to revive innovator’s spirit: LG Energy Solution CEO
LG Energy Solution CEO Kim Dong-myung South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3,…
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Kyobo Life, Japan’s SBI to tie up for security token, digital finance
Kyobo Life Insurance’s headquarters in Seoul South Korea’s Kyobo Life Insurance Group and Japan’s SBI Group have entered a strategic…
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Korea fines Credit Suisse largest-ever short sale penalty
A Credit Suisse branch in Bern, Switzerland (Courtesy of Agence France-Presse, Yonhap) South Korean financial regulator said on Wednesday it…
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LG Electronics acquires Athom to facilitate AI smart home push
This LG Electronics-made image shows the integration of its smart platform LG ThinQ and Athom’s Homey to create an AI-driven…
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LG Chem launches Synovian in China
South Korea’s LG Chem Ltd. announced on Wednesday that it launched its homegrown new drug for osteoarthritis Synovian (marketed in…
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Samsung’s biotech duo on a roll with $1.1 bn CMO order
Samsung Biologics’ headquarters in Incheon, South Korea (Courtesy of Samsung Biologics) Samsung Group is on track to rise to the…
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Lotte Biologics targets $1.1 billion in sales with a new bio plant
Lotte Biologics CEO Richard Lee unveils the company’s long-term business strategy South Korean biopharmaceutical company Lotte Biologics Co. said on…
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South Korean brokerages woo super-rich to make them even richer
Korea’s wealth management (WM) market grows fast with the rise of super-rich investors South Korea’s baby boomers, the demographic cohort…
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S.Korea’s Hanwha, Doosan to develop fighter jet engines
Engine for the South Korean supersonic fighter jet KF-21 manufactured by Hanwha Aerospace under license deal with GE Aerospace (File…
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Samsung Electronics tops in S.Korea’s after-sales service
Samsung Electronics Service, a service subsidiary of Samsung Electronics Co., announced on Tuesday that it topped all categories – home…
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Kyobo Life CEO’s ethical management earns global recognition
Kyobo Life Insurance’s CEO & Chairman Shin Chang-jae delivers the acceptance speech of the Global Ethics & Stakeholder Commitment Award…
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LG Uplus builds 1,000 kW solar power facility in Daejeon
South Korea’s LG Uplus Corp. established a solar power facility to achieve carbon neutrality by 2050. LG Uplus announced on…
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Hyundai Motor to set up software R&D center in Silicon Valley
Hyundai Motor Group aims to lead the future mobility industry with software-defined vehicles (SDVs) Hyundai Motor Group, the world’s third-largest…
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Korean banks to cut corporate loans for profitability
A customer discusses loans at Hana Bank’s headquarters in Seoul (File photo by Byung-eon Kim) South Korea’s Hana Bank is…
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South Korea sets sights on fostering EDA tech to win HBM chip war
EDA is becoming a crucial tech for AI chip manufacturing (Courtesy of Getty Images) In an escalating war to win…