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Batteries LG Energy to supply 2170-type cells to Bear Robotics

South Korea’s LG Energy Solution Ltd. said on Monday it has signed an initial agreement to supply cylindrical battery cells to Bear Robotics I...

Banking & Finance Mirae Asset's retirement pension reserves rise by $2.9 bn in 2024

South Korea's Mirae Asset Securities Co. said on Tuesday that its defined contribution (DC) retirement pension and individual retirement pension (IR...

Batteries LG Energy aims to more than double sales to $50 billion by 2028

LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...

Food & Beverage Hanwha Galleria acquires beverage manufacturer Pure Plus

South Korea's Hanwha Galleria Corp. said on Monday its acquisition of domestic beverage manufacturer Pure Plus.Pure Plus has focused on non-alcoholi...

Energy Taihan Cable enters HVDC market in US

South Korea's Taihan Cable & Solution Co. said on Thursday that it was selected as the cable supplier for a 320kV voltage-type high-voltage dire...

Banking & Finance Korea Investment's Nasdaq 100 ETF surpasses $747 mn

Korea Investment Management Co. said on Thursday that the net assets of its ACE US Nasdaq 100 Exchange-Traded Fund (ETF) had surpassed 1 trillion wo...

Food & Beverage Bibigo dumplings enters New Zealand food market

South Korea's CJ CheilJedang Corp. announced on Wednesday that it will launch Bibigo dumplings at supermarket chains New World and PAK’nSAVE i...

Food & Beverage Lotte Wellfood expands dairy exports to Vietnam

South Korea's Lotte Wellfood Co. announced on Thursday that it will increase dairy exports to the Vietnamese market.The products newly exported to V...

Korean stock market Young Korean investors choose monthly dividend ETFs over crypto

For decades, investments in financial products that promise decent dividend payouts such as high-dividend stocks have been associated with elderly i...

Banking & Finance Samsung Asset publishes brokerage ISA guidebook

South Korea's Samsung Asset Management announced on Thursday that it newly published the KODEX Brokerage ISA Investment Guidebook for individual inv...

Tech, Media & Telecom KT launches Genie TV Tab 3

South Korea's KT Corp. launched the tablet-type Internet TV device Genie TV Tab 3 on Thursday.The Genie TV Tab 3 can be used to watch live channels ...

Electronics Samsung Bespoke refrigerator sells 3 mn units in five years

Samsung Electronics Co. announced on Tuesday that the cumulative sales of its Bespoke refrigerator in the South Korean market have surpassed 3 milli...

Beauty & Cosmetics Kolmar Korea develops AI tech for diagnosing alopecia

Kolmar Korea, a supplier to global cosmetics brands such as Estee Lauder, announced on Tuesday that it developed artificial intelligence (AI) techno...

Tech, Media & Telecom Facephi to supply ID verification solutions to Samsung Securities

South Korea's Hancom Inc. announced on Monday that Facephi, a Spain-based AI biometric recognition company in which Hancom had recently acquired equ...

Real estate SK D&D, Habyt to cooperate for residential business

SK D&D Co., a real estate unit of South Korea’s SK Group, announced on Tuesday that it signed a memorandum of understanding (MOU) with the...

Automobiles Hyundai Mobis releases button-type card smart key

South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it released a thin car smart key ...

Automobiles Kia releases 2024 model year of K9

Kia Corp., South Korea’s No. 2 automaker, released its flagship sedan K9’s model year The 2024 K9 on Tuesday. Kia has enhanced the ext...

Batteries LG Energy to produce 4680 batteries in August for Tesla, others: CEO

LG Energy Solution Ltd., the world’s third-largest battery maker, plans to begin mass production of larger format cylindrical cells used by Te...

Batteries SK On to develop large-size cylindrical battery with 4680 form factor

SK On Co., an affiliate of South Korea’s SK Group, will work on the development of a large-size cylindrical battery with the 4680 form factor ...

Tech, Media & Telecom Korea’s Hancom buys document software firm Clipsoft

Hancom Inc., a homegrown office suite developer in South Korea, said on Friday that it has acquired local business-to-business (B2B) digital documen...

Energy LG Energy Solution Vertech wins 10GWh ESS projects in the US

LG Energy Solution Vertech Inc., a Texas-based energy storage system (ESS) supplier, has secured a combined 10-gigawatt hours (GWh) of grid-scale ba...

Korean innovators at CES 2024 LG, Saint-Gobain Sekurit to unveil transparent antennas at CES 2024

LG Electronics Inc., the leading global home appliance maker, is set to showcase its transparent antennas for vehicles developed with French glass m...

Artificial intelligence Hancom to unveil document creator like Mircrosoft's Copilot

Hancom Inc., a homegrown office suite developer in South Korea, is set to speed up its artificial intelligence business with a beta service of AI-po...

Artificial intelligence Socar launches car-sharing service with Naver's generative AI

South Korea’s mobility platform operator Socar Inc. has introduced a car-sharing service utilizing generative artificial intelligence in coope...

Steel Hyundai Steel aims to reduce reliance on Hyundai, Kia

South Korea's Hyundai Steel Co. is aiming to reduce its dependence on its affiliates Hyundai Motor Co. and Kia Corp. to become one of the world&rsqu...

Automobiles SUVs, small pickups grab largest share of S.Korea's car market

Sport utility vehicles (SUV) and small pickup trucks in South Korea are occupying a larger share of the domestic automotive market.Industry sources ...

Batteries LG Chem, Huayou to build LFP cathode plant in Morocco

South Korea’s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with ...

Automobiles Hyundai Wia finishes EV thermal management test center

South Korea’s No. 2 automotive parts supplier Hyundai Wia Corp. on Tuesday completed construction of a thermal management test center at the c...

Tech, Media & Telecom SW based on Hancom's tech released in Taiwan

South Korea's office suite software maker Hancom Inc. on Monday said it has released Kdan Office, the Taiwanese office software co-developed with gl...

Future mobility E-Mart24 pilot-operates drone delivery

South Korea's convenience store chain E-Mart24 Inc. is launching a commercial drone delivery service in Gimcheon, North Gyeongsang Province. This se...