People Can Fly

Energy South Korea nears Czech nuclear deal; Doosan, related stocks fly high

South Korea’s nuclear energy stocks surged this week as momentum builds around a landmark nuclear power project in the Czech Republic, with in...

Automobiles Hyundai Motor launches global talent recruitment program

South Korea’s top automaker Hyundai Motor Co. has launched a global talent recruitment program, beginning April 1 via its official hiring webs...

Korean stock market Samsung Biologics shares fly high to be Korea’s third most valuable firm

Samsung Biologics Co., the world’s largest contract drugmaker, has become South Korea’s third most valuable stock on the country’s...

Korean stock market Alternative stock exchange Nextrade to launch on March 4

Nextrade, South Korea’s first alternative stock exchange, enabling trading of stocks listed on the Kospi and the Kosdaq for 12 hours a day is ...

Economy S.Korea’s job growth slows for 2nd straight year in 2024  

South Korea’s job growth slowed last year amid a prolonged slump in the country’s construction, manufacturing and retail sectors, boding...

Economy Opposition-controlled Korean Parliament passes slashed $470 bn budget

South Korea's opposition-controlled National Assembly on Tuesday passed a government budget bill for 2025, slashed from the government's proposal am...

Automobiles Hyundai launches EV charging subscription in Indonesia

Hyundai Motor Co. said on Wednesday its launch of an electric vehicle (EV) charging subscription service for vehicle owners in IndonesiaSubscribers ...

Business & Politics Korea’s SK Siltron receives $544 mn loan from DOE for wafer investment

South Korea’s SK Siltron Co. has secured a $544 million loan from the US Department of Energy (DOE) to invest in a high-quality silicon carbid...

Electronics LG Display develops industry's most flexible display

LG Display Co., South Korea’s leading display maker under LG Electronics Inc., has developed the industry’s first display that can be st...

Korean food Korea’s Nongshim to mesmerize New Yorkers with Han River Shin Ramyun

If you’re in New York City this weekend, be sure to drop by the Korean Cultural Center.The South Korean government office has partnered with t...

Electronics With Samsung Bespoke AI kitchen, anyone can be a Michelin-star chef

Lim Hee-won, a celebrity chef who appeared on Netflix’s cooking competition show Culinary Class War, made a special trip to a studio in Seoul ...

Tech, Media & Telecom LG Uplus unveils content review platform 1Row

South Korea's LG Uplus Corp. said on Wednesday it launched 1Row, a content review platform for movies and dramasUsers can access cast and director i...

Logistics Hyundai Glovis introduces EV drill lance on car carriers

South Korea's Hyundai Glovis Co. said on Thursday that it will introduce a special fire suppression tool, the EV (Electric Vehicle) - Drill Lance, f...

Future mobility South Korea to designate Jeju as flying taxi pilot service zone

South Korea will designate its resort island Jeju a test operation zone for flying taxis as part of the country’s national urban air mobility ...

Future mobility Supernal aims to launch flying cars at LA 2028 Olympics

Supernal LLC, the US-based urban air mobility (UAM) unit of Hyundai Motor Group, aims to launch its electric vertical take-off and landing (eVTOL) a...

Shipping & Shipbuilding HD Hyundai to produce key ship electrification part LV VFD in-house

South Korea’s HD Hyundai Co., the parent of the world’s top shipbuilder HD Hyundai Heavy Industries Co., said on Tuesday it has develope...

Hydrogen economy Hyundai Motor sells over 1,000 Elec City FCEV

Hyundai Motor Co. said on Sunday it has sold more than 1,000 units of its hydrogen fuel cell bus Elec City Fuel Cell Electric Vehicle (FCEV) with cu...

Companies Samsung develops health software development kit

Samsung Electronics Co. on Thursday introduced the Samsung Health Software Development Kit (SDK) Suite, aimed at helping developers and researchers ...

Beauty & Cosmetics Korean cosmetics fly off shelves on Amazon, other e-commerce platforms

South Korean cosmetics are top picks among beauty products on Amazon.com and other global e-commerce platforms amid the growing popularity of K-beau...

Korean stock market South Korea Can Go Only So Far Copying Japan’s Market Reforms

South Korea is taking a page from Japan to boost its stock market. There are certainly some low-hanging fruits to pick, but the country’s larg...

Artificial intelligence NCSOFT launches evaluation model to verify performance of AI LLMs

NCSOFT Corp. announced on Monday that it has launched VARCO Judge LLM, the first evaluation model in South Korea to verify the performance and capab...

Banking & Finance Mirae Asset Securities introduces AI assistant platform for its employees

South Korea's Mirae Asset Securities said on Friday that it introduced an artificial intelligence (AI) assistant platform to enhance company-wide op...

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...

Artificial intelligence Naver’s HyperCLOVA X Vision proves a picture is worth a thousand words

A picture is worth a thousand words, as the adage goes, stressing the power of vision over text.People also say eyes are windows to the soul, emphas...

Electronics Samsung, Trek Bicycle launch Ultra Riding Challenge

Samsung Electronics Co. said on Tuesday that it launched the Ultra Riding Challenge in collaboration with global bicycle brand Trek Bicycle, offerin...

Airlines Low-cost carrier Fly Gangwon rebranded as Parata Air

South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....

Electronics LG Elec opens LG Labs experience pop-up zone

LG Electronics Inc. announced on Wednesday that it will operate the "Wow Life's Good Lab" pop-up zone at Ground 220 in Yeongdeungpo-gu, Seoul, until...

Future mobility Hyundai gives advanced air mobility demo in Indonesia

Hyundai Motor Group on Monday unveiled its advanced air mobility (AAM) technology and demonstrated an AAM prototype aircraft, or a flying car, in In...

Electronics HD Hyundai Electric expands power transformer facility in Alabama

HD Hyundai Electric Co., an energy solution provider under South Korean shipbuilder HD Hyundai, said on Sunday it completed a 12,690-square-meter st...

Electric vehicles Lamborghini unveils 1st plug-in hybrid SUV Urus SE in Korea

Italian sports car maker Lamborghini S.p.A. on Tuesday unveiled the Urus SE, its first plug-in hybrid super sport utility vehicle, in South Korea, t...