CD Projekt RED

Private equity Red flags raised even before Homeplus crisis: Sales fall, credit ratings cut

Even before South Korea’s second-largest hypermarket chain Homeplus Co. was put under court receivership due to its worsening financial woes, ...

Machinery Doosan Bobcat RogueX2 wins Red Dot Design Award

South Korea's Doosan Bobcat said on Friday that its construction equipment RogueX2 won the prize in the Design Concept category at the Red Dot Desig...

Automobiles Hyundai Mobis lighting system wins triple crown of design awards

South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...

Korean chipmakers Samsung Electronics builds Red Hat-certified CXL infrastructure

Samsung Electronics Co. has set up the industry’s first Compute Express Link (CXL) infrastructure, certified by Red Hat Inc., the world’...

Korean food KGC enters Malaysian healty functional food market

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., announced on June 13 that it sells its red ginseng brand Jung ...

Machinery HD Hyundai's Future-X wins Red Dot Design Award

South Korea's HD Hyundai XiteSolution announced on Thursday that its futuristic unmanned construction equipment Future-X won the Best of the Best Aw...

Future mobility Hyundai, Red Sea Global agree on EV, AAM projects in Saudi luxury resorts

South Korea’s top automaker Hyundai Motor Group said on Monday it has agreed with Saudi Arabia’s state-sponsored developer Red Sea Globa...

Shipping & Shipbuilding Korea’s HMM among shippers benefiting from growing Red Sea crisis

The Red Sea crisis, disrupting the passage of ships through the Suez Canal, a central artery for global trade, is a bane for exporters looking for s...

Food & Beverage Shinsegae to close whisky business to focus on profits

Shinsegae Inc., South Korea’s largest department store and supermarket company, will pull out of the whisky market, bucking the trend of the r...

Korean chipmakers Samsung Elec moves a step closer to CXL commercialization

Samsung Electronics Co. seeking to lead the next-generation memory market has moved a step closer to commercializing computer express link (CXL)-bas...

Korean food KGC hawks red ginseng at top US expo for health functional food

Jung Kwan Jang, the flagship brand of Korea Ginseng Corp. (KGC), has been featured at North America’s leading expo for raw ingredients of heal...

Chemical Industry SK Chemicals develops recycled plastic LP records

South Korea's SK Chemicals Co. unveils recycled plastic LP records.The company announced on Thursday it has jointly developed the EcoRecord, an LP r...

Bio & Pharma Red ginseng proven to treat drug addiction: Research

It has been revealed that red ginseng significantly improves drug addiction and withdrawal symptoms caused by substance abuse. The research results ...

Economy South Korean exporters jittery as China's slowdown raises red flag

South Korea’s exporting companies are increasingly feeling the heat as its top export market China is sounding alarm bells over the world&rsqu...

Automobiles Hyundai Transys wins Red Dot Design Award

South Korean auto powertrain and seat maker Hyundai Transys announced on Monday that it has won the Winner prize at the "2023 Red Dot Design Award."...

Retail KGC unifies BI of red ginseng brand as JUNG KWAN JANG

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., will unify its red ginseng brand identity (BI) as JUNG KWAN JA...

Korean food KGC promotes S.Korean top red ginseng brand CheongKwanJang in China

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp. , announced on Thursday its participation in the "2023 TFWA Wor...

Electronics S.Korea’s IT parts makers reeling from sluggish smartphone, TV sales performance

  South Korea’s major information technology parts makers like Samsung Electro-Mechanics, LG Innotek and LG Display Co. suffered huge dr...

Automobiles Hankook Tire's iON brand wins Red Dot Design Award

South Korean tire maker Hankook Tire & Technology said on Thursday that its electric vehicle (EV) exclusive tire brand, "iON," has secured four ...

Bio & Pharma SK Biopharmaceuticals wins Red Dot award for 2 devices

South Korea’s SK Biopharmaceuticals on Tuesday said two of its self-developed wearable devices won the main prize in the health care category ...

Electronics LG Electronics' OLED Flex wins top Red Dot Design Award

LG Electronics Inc., said on Sunday that it has won a total of 24 awards at the prestigious "Red Dot Design Award."  Among the accolades, LG El...

Food & Beverage Oil from S.Korea’s red ginseng alleviates prostate enlargement: study

Oil from South Korea’s famous hongsam (red ginseng) can prevent enlargement of the prostate, according to a study. A joint research team ...

Bio & Pharma Red ginseng prevents flu, pneumonia: research

Studies have shown that South Korea's hongsam (red ginseng) is effective in preventing respiratory diseases such as the flu and pneumonia.The Korean...

Earnings POSCO turns to red in Q4 on typhoon, weak steel demand

POSCO Holdings Inc., the holding company of South Korea’s top steelmaker, turned to the red in the fourth quarter of 2022 hit by a typhoon and...

Economy S.Korea posts 2nd current account deficit in 3 months due to flat exports

South Korea in November last year suffered its second current account deficit in three months due to plummeting exports of key items like semiconduc...

Pension funds Korea’s NPS to be in red in 2022 with 5.3% loss in Jan-Oct

South Korea’s National Pension Service (NPS), the world’s third-largest such fund, is poised to report an annual loss in 2022 for the fi...

Korean startups Sandbox Network pursues corporate restructuring to dig out of red

Sandbox Network, Inc. announced on Sunday that it will go through corporate restructuring and encourage employees to voluntarily resign, hit by cont...

Earnings Weak won, boon to Doosan Bobcat but bane to Enerbility

A weaker South Korean won currency has become a double-edged sword to Doosan Group’s affiliates. Construction equipment maker Doosan Bobcat is...

Future mobility Hyundai’s Trailer Drone concept wins top Red Dot design award

South Korea’s top automaker Hyundai Motor Co. said on Friday its Trailer Drone, a fully autonomous hydrogen mobility concept, has won the top ...

Economy ADB cuts Korea’s 2023 growth outlook as trade in deficit for sixth month

The Asian Development Bank (ADB) has slashed its 2023 growth outlook for the South Korean economy, citing daunting global risks, as the country is h...