GS Connect

Electronics Harman to spearhead Samsung’s automotive solutions business

Samsung Electronics Co. will bolster cooperation in in-vehicle technology with its fully owned US subsidiary Harman International Industries Inc. to...

Shipping & Shipbuilding HMM introduces S.Korea's first LNG-powered vessels

South Korea's HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied ...

Batteries LG Chem signs deal to secure 100,000 tons of lithium from ExxonMobil

South Korea’s top chemicals maker LG Chem Ltd. said on Thursday it has signed an initial agreement to secure a key battery material from US mu...

Retail GS Retail selects six startups to innovate retail biz

South Korea's GS Retail said on Friday it selected six startups—Studio Lab, Tilda, Oasis Business, YesPlzAI, Vessl AI, and Raondata—th...

Artificial intelligence GS Group, Notion to team up on AI capabilities

South Korea's GS Group signed a memorandum of understanding (MOU) with Notion, the US-based popular collaboration software company to enhance its ...

Retail CU, GS25 in fierce race for top spot in Korea’s convenience store market

Using multiple measures, CU and GS25 both claim they are the No. 1 player in South Korea’s convenience store (CV) market.CU, operated by BGF R...

Tech, Media & Telecom KT succeeds 5G NTN satellite communication

South Korea's KT Corp. and its satellite subsidiary KT SAT said on Monday their integration of KOREASAT 6 with a terrestrial 5G network, utilizing...

Future mobility Hyundai partners with Samsung to enhance connected vehicle technology

South Korea’s Hyundai Motor Group has joined forces with Samsung Electronics Co. to advance connected vehicle technology utilizing the tech gi...

Automobiles BMW, GS, LG open EV charging hub lounge in Seoul

BMW Group Korea said on Thursday it opened the electric vehicle (EV) Charging Hub Lounge with GS Group and LG Group in Hoehyeon-dong, Seoul.The Char...

Tech, Media & Telecom Samsung expands AI horizon with B2B-specific SmartThings Pro

BERLIN – South Korean tech giant Samsung Electronics Co. is entering the AI-powered business-to-business connectivity platform market with its...

Batteries LG Energy Solution's AVEL opens ESS power plant in Jeju

South Korea's LG Energy Solution Ltd. said on Friday that its company in company (CIC) AVEL has launched South Korea’s first distribution grid...

Private equity MBK Partners’ sale of Homeplus Express hits snag over valuation gap

MBK Partners’ planned sale of Homeplus Express, the supermarket chain of South Korean hypermarket operator Homeplus, has hit a snag as potenti...

Electronics LG Elec to unveil AI home hub ThinQ ON at IFA

LG Electronics Inc. said on Thursday that it will unveil LG ThinQ ON, the home appliance industry's first AI home hub equipped with generative artif...

Banking & Finance BC Card, Uzbekistan to connect payment network

South Korea's BC Card said on Monday that it signed a contract with Uzbekistan's state-run payment operator National Interbank Processing Center (NI...

Electronics Samsung's AI home appliances hit 1.5 mn units sold

Samsung Electronics Co. said on Thursday that its cumulative sales of AI-integrated home appliances have surpassed 1.5 million units as of July this...

Mergers & Acquisitions GS E&C in talks to sell entire stake in GS Elevator to Chinese firm

South Korea’s GS Engineering & Construction Corp. (GS E&C) is in talks to sell its entire stake in GS Elevator Co. to a Chinese strate...

Tech, Media & Telecom RaonSecure wins order for Indonesia's digital ID project

South Korean cybersecurity firm RaonSecure Co. announced on Tuesday that it secured a project for Indonesia's integrated digital identity (ID) servi...

Electronics TCL narrows gap with Samsung in premium mini LED TV segment

China’s TCL Technology, the world’s No. 2 TV maker, has been expanding its presence not only in the market for cheap LCD TVs but also in...

Energy LS Eco Energy supplies 2,000 km of overhead power lines to Vietnam

South Korea's LS Eco Energy Ltd. said on Friday that its Vietnamese unit LS-VINA has completed a supply of around 2,000 kilometers of overhead power...

Carbon neutrality GS Caltex to capture and utilize carbon with own technology

South Korea's GS Caltex Corp. will launch a carbon capture and utilization (CCU) project in collaboration with South Jeolla Province and Yeosu City ...

Automobiles Hyundai Motor mulls connected car partnership with Google

Hyundai Motor Group is accelerating its efforts to join hands with global tech companies to advance its future mobility technologies ranging from au...

Automobiles Chevrolet All New Colorado's initial volume sold out in S.Korea

GM Korea Co., the South Korean unit of US auto giant General Motors Co., announced on Friday that its pickup truck Chevrolet All New Colorado, with ...

Tech, Media & Telecom SK Telecom identifies illegal drones using AI

South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal drones using artifici...

Tech, Media & Telecom Samsung OS Tizen embedded in Loewe TV Stellar to rival Google, Apple

Samsung Electronics Co.'s open-source smart TV operating system Tizen will be embedded in German premium TV brand Loewe’s latest model St...

Korean startups Routinery readies for new chapter with 2.0

Born in South Korea but blowing up abroad, the Routinery app is designed to make small changes in users' daily routines to make a big difference in ...

Energy Korea’s GS Entec to invest $217 mn in wind power business

South Korea’s GS Entec Corp. is set to invest 300 billion won ($216.8 million) in facilities to manufacture wind power equipment as it shifts ...

Mergers & Acquisitions LG Electronics acquires Athom to facilitate AI smart home push

South Korea’s home appliance giant LG Electronics Inc. said on Wednesday it has acquired Athom B.V., a Netherlands-based home automation compa...

Banking & Finance Korea Eximbank provides $810 mn credit to Bangladesh

The Export-Import Bank of Korea (Eximbank) announced on Sunday that it will provide a credit of $810 million for the construction of the Karnaphuli ...

Future mobility Naver Whale features in Renault Korea vehicles

South Korea’s homegrown web browser Whale, developed by Naver Corp., will be installed in Renault Korea cars. Naver Cloud announced on Friday...

Automobiles Hyundai Mobis files 3,000 patents for future car techs over 3 years

Hyundai Mobis, the world’s sixth-largest auto parts maker, announced on Tuesday that it published the Sustainability Report 2024, which includ...