H2 visas

Cryptocurrencies RedotPay lands in Seoul with crypto cards

RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...

Economy Korea to create new visa for high-quality foreign talent

South Korea said on Wednesday it plans to create a new visa to attract high-level foreign talent for advanced industries such as artificial intellig...

Shareholder value Hana Financial to boost corporate value by raising shareholder returns

South Korea’s Hana Financial Group aims to increase corporate value by ramping up shareholder returns based on a sustainable profit structure ...

Business & Politics South Korea mulls visa waiver for Chinese group tourists

South Korea is considering temporary visa exemptions for Chinese group tourists to boost the domestic tourism sector, after being spooked by the bot...

Electronics SK Hynix to receives $958 mn subsidy from US

SK Hynix Inc. secured a combined subsidy of $458 million in grants and $500 million in loans, a total of $958 million from the US Department of Comm...

Korean chipmakers SK Hynix to produce HBM4 on 3 nm foundry process in 2025

SK Hynix Inc. will adopt the 3-nanometer process, the most advanced foundry technology available, to produce customized HBM4 chips in the second hal...

Banking & Finance KB Kookmin Card, UnionPay to cooperate on marketing

South Korea's KB Kookmin Card said on Tuesday it signed a memorandum of understanding (MOU) with China's UnionPay to cooperate on marketing. ...

Bio & Pharma Hanmi Pharma to move up launch of anti-obesity drug

South Korea’s Hanmi Pharmaceutical Co. announced on Thursday the launch of its anti-obesity drug candidate efpeglenatide has been rescheduled ...

Korean chipmakers Nvidia asks SK Hynix to bring forward HBM4 supply by 6 months

Nvidia Corp.’s Chief Executive Jensen Huang has asked SK Group Chairman Chey Tae-won to supply 12-layer HBM4 chips, the most advanced AI chips...

Electronics Samsung Galaxy S25 to run on Qualcomm chips

The Galaxy S25, a new iteration of Samsung Electronics Co.'s flagship Galaxy smartphone series, will run on Qualcomm Inc.’s application proces...

Energy Kakao Pay to run Pangyo office with renewable energy

South Korea’s Kakao Pay Corp. said on Monday that it signed a green premium purchase agreement with Korea Electric Power Corp. (KEPCO), the So...

Hydrogen economy HD Hyundai secures Korea's hydrogen engine generator project

HD Hyundai Infracore Co., a construction equipment and engine manufacturer, said on Thursday it has won the government's first project to develop ge...

Earnings SK On logs record quarterly loss on sluggish EV market

SK On Co., the world’s fifth-largest battery maker, on Thursday reported a record quarterly loss on the prolonged weakness in the electric veh...

Real estate Korean commercial real estate market to show slow recovery in H2

South Korea’s commercial real estate market will post a slow recovery in the second half of this year due to rate cut delays and no big correc...

Earnings Samsung set to ship HBM3E chips in H2 after strong H1

Samsung Electronics Co. expects it will be ready to ship its fifth-generation high-bandwidth memory (HBM) chips, or HBM3E, in the second half, demon...

Robotics Hyundai to unveil wearable device for car manufacturing

Hyundai Motor Group, the world’s third-largest automaker, plans to unveil a wearable device for car manufacturing designed to improve producti...

Food & Beverage FG Korea to open Five Guys stores in Japan

FG Korea, the operator of the American handcrafted hamburger brand Five Guys in South Korea, will open its stores in Japan in the second half of nex...

Hydrogen economy Hyundai to debut car-carrier hydrogen trucks in H2

Hyundai Motor Co. plans to roll out car carrier trailers and refrigerator trucks powered by hydrogen in the second half of this year with a focus on...

Energy SK Gas eyes commercial operations of LNG power plant in 2nd half

SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier seeking to transform into a clean energy company, has moved a step c...

Travel & Leisure InterContinental Seoul COEX to close in July

Parnas Hotel announced on Monday that the InterContinental Seoul COEX, which opened in 1999, will close its operations on July 1 and is scheduled to...

Tech, Media & Telecom LG CNS' marketing platform MOP surpasses 800 corporate customers

South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Thursday that its Marketing Optimization Platform (MOP), la...

Korean chipmakers Samsung to unveil QLC-based NAND in H2 to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the second half to lead...

Retail E-Land Retail to enter convenience store market

South Korea's E-Land Retail, the operator of Kim's Club, NC Department Store, and New Core Outlet operator, plans to enter the convenience store mar...

Earnings Korean battery maker SK On expects business turnaround in H2

SK On Co., the battery unit of South Korea’s top energy company SK Innovation Co., said on Monday it expects a business turnaround in the seco...

Electric vehicles Hyundai Motor ties up with CATL to reinvigorate China market with EVs

BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, has joined hands with Contemporary Amperex Technology Co. (CATL), the leading global...

Korean games Korea’s Smilegate unveils new RPG Chaos Zero Nightmare

Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, on Monday unveiled a teaser for an upcoming role...

Electric vehicles Polestar 4 electric SUV coupe to hit South Korean roads in June

The Polestar 4 electric sport utility vehicle (SUV) coupe is set to make its debut in South Korea in June and targets deliveries from October, Swedi...

Korean chipmakers Samsung to mass-produce industry’s fastest LPDDR5X DRAM in H2

South Korean tech giant Samsung Electronics Co. said on Wednesday it has developed an LPDDR5X DRAM chip that supports the industry’s fastest d...

Electronics Samsung Display surrenders foldable screen throne to BOE

Chinese smartphone manufacturers’ aggressive push for foldable models has threatened the dominance of Samsung Electronics Co., the world&rsquo...

Korean chipmakers Samsung's chip stockpile declines in Q4 2023

Samsung Electronics Co. has reported a decrease in its semiconductor inventory for the first time in 10 quarters, signaling a rebound in the memory ...