folding bicycles

Stocks Meritz leaps to No. 2 financial holding firm in South Korea

Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea, has become the second-most valuable publicly traded financia...

Korean startups Bering Lab eyes 7-fold jump in revenue in 5 years

Bering Lab Inc., a South Korea-based artificial intelligence technology-powered translation startup with specialties in legal, financial and intelle...

Electronics Samsung Galaxy Z Fold Special Edition: slimmest, lightest of its kind

Samsung Electronics Co. said on Monday it is unveiling the Galaxy Z Fold Special Edition (SE) — the thinnest and lightest among the company&rs...

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...

Electronics Samsung Galaxy Z foldable's pre-sales soars 40% rise in India

Samsung Electronics Co.'s latest foldable phones showed strong sales potential in India, the world's most populous country, with pre-sales for the G...

Fashion The Nature Holdings goes after green fashion with Brompton

Brompton Bicycle will pursue a greener world with sustainable clothing that is stylish but durable alongside its Korean partner The Nature Holdings ...

Food & Beverage CJ CheilJedang’s frozen rice sales surpass $74 mn in US

South Korean food company CJ CheilJedang Corp. announced on Monday the cumulative sales of its frozen rice products produced and sold in the United ...

Tech, Media & Telecom SK Telecom rolls out super-fast 400 Gbps 5G wired network

South Korea’s SK Telecom Co. on Tuesday announced a national first through its 400 gigabit per second (Gbps) high-capacity wired network used ...

Electronics Samsung to develop Galaxy Fold, Flip-customized games

Samsung Electronics Co., the world’s top smartphone maker by volume, is developing mobile games customized to its Galaxy Fold and Flip series ...

Batteries POSCO Future M aims to raise profit 20-fold by 2030

POSCO Future M Co., South Korea’s electric vehicle battery materials maker, aims to raise its profit by about 20 times and sales over tenfold ...

Electronics Preorders for new Galaxy foldable smartphones exceed 1 million

The Samsung Electronics Co. foldable Galaxy Z Fold 5 and Flip 5 could be the next big thing on the smartphone market.The company on Tuesday said it ...

Business & Politics Bullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist

  Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been chosen to lead the ...

Electronics Super-large screens account for one third of Samsung’s TV sales

Samsung Electronics Co. announced that one out of every three of its Neo QLED and QLED TVs sold in South Korea between January and July this year fe...

Electronics Samsung Galaxy Z Flip 5: Don’t bother to open it!

The Galaxy Z Flip 5, the fifth generation of the Samsung Galaxy Z Flip smartphones, makes a clear distinction from its predecessors: enabling users ...

Electronics Samsung unpacks Galaxy Z Flip 5, Fold 5 foldables

Samsung Electronics Co. on Wednesday unveiled the newest edition to its Galaxy Z foldable series – Galaxy Z Flip 5 and Fold 5 – designed...

Korean chipmakers Samsung improves 4 nm foundry yields, on par with TSMC: analyst

Samsung Electronics Co. has improved its chip foundry manufacturing yield for the 4-nanometer node to the level shown by its archrival Taiwan Semico...

Rights offerings S.Korean firms' rights issues swell 10-fold in June

An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...

Korean chipmakers Samsung Electronics makes 17-fold gains from investment in ASML

Slightly more than a decade ago, ASML Holding N.V. had to reach out to its customers such as Samsung Electronics Co., Intel Corp. and Taiwan Semicon...

Electronics LG Electronics to release monitor that folds neatly in bag

LG Electronics Inc. on Wednesday will release the portable screen and stand StanbyME Go, which targets the growing ranks of South Korea's campers as...

Electronics Samsung to unveil new foldables in July to boost Q3 profit

Samsung Electronics Co. is set to unveil fifth-generation of its foldable smartphones at the end of July, about two weeks earlier than it had showca...

Airlines Number of travelers on S.Korea's LCCs jumped 104-fold in Q1

Demand for overseas flights in South Korea has exploded since the resumption of air travel operations amid the substantial easing of COVID-19 restri...

Asset management Mirae Asset sees 100-fold jump in deposits 15 years after entering India

South Korea's Mirae Asset Global Investments on Wednesday marked the 15th anniversary of its incorporated company in India that now has 21 trillion ...

Economy Vietnam emerges as South Korea's No. 3 trading partner

Vietnam will finish this year as South Korea's No. 3 trading partner and the country with which the latter has the largest trade surplus, a study ha...

Energy Samsung Elec's green heat pump takes energy-starved Europe by storm

Samsung Electronics on Monday said its heat pump Eco Heating System (EHS), a green heating and cooling system, has seen explosive sales growth on th...

Economy S.Korea in for longest monthly trade deficit spell in 25 yrs

South Korea is poised to report a trade deficit for a sixth straight month in September, which would mark its longest period of trade shortfalls in ...

Korean startups Korean micromobility startup Swing launches biz in Japan

South Korea’s shared micromobility startup The Swing Co. is making inroads in Japan, becoming the first domestic service provider in the secto...

Bio & Pharma Korean biotech firms fold COVID-19 therapeutics development businesses

A string of South Korean pharmaceutical and biotech companies are waving the white flag when it comes to developing COVID-19 treatments. As the...

Markets Foreigners’ Korean stockholdings soar 180-fold in 30 years

Foreign investors ramped up their holdings of South Korean stocks 180 times in 30 years, increasing influence in the local financial markets and dom...

Pharamaceuticals SK Biopharm releases epilepsy treatment in UK

South Korean SK Biopharmaceuticals Co. launched its epilepsy treatment Cenobamate in the UK, rapidly expanding the company’s presence in Europ...

Korean startups Korean unicorns jump fivefold in four years with record investment in 2021

Investment in South Korean startups hit an all-time high in 2021 as the number of new unicorns, unlisted companies with a valuation topping $1 billi...