EVery care

Beauty & Cosmetics Shilla Duty Free opens Guerlain Ultimate Boutique at Incheon Airport

South Korea's Shilla Duty Free Shop announced on Tuesday it opened the Guerlain Ultimate Boutique, the first flagship store in a global airport, at ...

Beauty & Cosmetics Cosmax, Fudan Univ. to team up for microbiome research

Cosmax Inc., South Korea's largest cosmetics original development and design manufacturer (ODM), said on Friday it signed a memorandum of understand...

Robotics Samsung’s Ballie, LG's Q9 AI robots steal the show at IFA 2024

BERLIN – Ballie, the artificial intelligence-powered companion robot developed by Samsung Electronics Co., has come a long way since the South...

Korean startups PhyxUp closes in on pre-seed round with US advance

PhyxUp Health Inc., an early stage South Korean digital healthcare startup, will soon close a pre-seed funding round, said its founder and chief, wh...

Robotics LG Elec launches CLOi robot subscription service

LG Electronics Inc. announced on Monday that it launched its Robot as a Service (RaaS) with CLOi robots starting this month.Business-to-business (B2...

Electronics Samsung Electronics unveils new smartphone image sensors

Samsung Electronics Co. has developed new image sensors -- ISOCELL HP9, ISOCELL JN5 and ISOCELL GNJ -- expected to enable smartphones to take cleare...

Healthcare Korea’s booming medical tourism: Skin care, plastic surgery in demand

The number of foreign patients visiting South Korea for medical tourism hit a record high last year, driven by those who traveled to Korea for skin ...

Beauty & Cosmetics Aekyung AGE20's to enter US cosmetics market

South Korea's Aekyung Industrial Co. announced on Tuesday that it signed a Memorandum of Understanding (MOU) with Silicon2, a global K-beauty distri...

Banking & Finance Hana Bank launches All-care Solution for Real Estate Wealth

South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...

Food & Beverage CJ CheilJedang to sell feed, livestock unit for $1.4 bn

South Korean food giant CJ CheilJedang Corp. is seeking again to sell its loss-making feed and livestock subsidiary, Asia’s largest in the ind...

Sovereign bonds Euroclear to trade S.Korean treasuries via omnibus account from June

The National Tax Service (NTS) of South Korea said on Tuesday that Euroclear Bank SA/NV and Clearstream Banking S.A., two major clearing houses for ...

Korea business lobby group eyes tax reform in new parliament

The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inheri...

Regulations Samsung faces dubious suit every 5 days from US patent trolls

South Korean tech giant Samsung Electronics Co. is battling an increasing number of patent infringement litigation cases from US patent trolls, the ...

Insurance Lotte Insurance's value rises with long-term care expansion

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

Korean startups Caring raises $30 million in Series B funding

Caring Co., a South Korean startup offering senior care services, succeeded in raising 40 billion won ($30 million) in a series B funding round, e...

Automobiles Hyundai Motor launches EVery care for electric cars

Hyundai Motor Co. announced on Thursday that it launched EVery Care, an integrated program that will take care of customers' electric vehicle (EV) l...

Corporate strategy SK Group reintroduces Saturday CEO meeting after 20 years

South Korea’s energy-to-telecom conglomerate SK Group has decided to reintroduce Saturday gatherings of its subsidiaries' chief executives aft...

Electronics LG unveils new air conditioner with AI smart care

LG Electronics Inc. on Thursday announced that it released 2024 LG Whisen Objet Collection Tower air conditioner, which features an artificial intel...

Bio & Pharma Korea's JLK targets AI-based stroke care market in US

South Korea’s JLK Inc., an AI-based stroke care platform maker, will go all out to build its foothold in the US this year, aiming to lift its ...

Chemical Industry Samyang buys specialty chemical maker Verdant for $257 mn

Samyang Specialty Solutions LLC, a leading chemical and food products maker in South Korea, has entered into an agreement to wholly acquire Texas-ba...

Energy SK Ecoplant, Korea South-East Power tap UAE as green energy base

SK Ecoplant Co., a South Korean construction engineering and waste management firm under SK Group, is accelerating a plan to set up a major green en...

Business & Politics S.Korean gov't to support export of postnatal care centers

The South Korean government will support the overseas expansion of domestic postnatal care centers. South Korea's Ministry of Economy and Fin...

Electronics LG Elec unveils shoe care appliance at ComplexCon 2023

LG Electronics Inc. unveiled its dedicated shoe care appliance Styler Objet Collection ShoeCare and ShoeCase at ComplexCon 2023 in Long Beach, Calif...

Asset management Investors roundtable: Watch out for a possible recession

Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...

Tech, Media & Telecom LG Uplus buys pet Airbnb-style startup to boost pet care services

LG Uplus Corp. has acquired a domestic dog space rental startup Along as the South Korean mobile carrier is zooming in on pet care services as its n...

Artificial intelligence LG, Qraft Technologies' AI-powered ETF trades on NYSE

South Korea’s LG Group and Seoul-based Qraft Technologies Inc. have jointly launched an exchange-traded fund (ETF) that selects holdings relat...

Korean food Brits to enjoy K-food Bibigo at home with delivery service

South Korean food giant CJ CheilJedang Corp. started the delivery service of its K-food brand Bibigo in the UK to accelerate the expansion of the As...

Korean startups SK Networks invests $20.7 mn in pet care startup

South Korean trading firm SK Networks Co. announced on Monday it has completed a 28-billion-won ($20.7 million) investment in the domestic pet care ...

Tech, Media & Telecom KT develops network diagnostic solutions

South Korea's KT Corp. has developed a solution called "DX Care" that allows for easy and fast diagnosis of corporate intranet quality issues. KT's ...

Beauty & Cosmetics S.Korea's ModaModa partners with Poland's MBF Group

South Korean haircare brand ModaModa has partnered with Poland's MBF Group S.A. for distribution, signifying its entry into the expanding European b...