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Mergers & Acquisitions Doosan Robotics, Bobcat ordered to clarify merger deal

South Korean regulators have ordered Doosan Robotics Inc. to amend the securities prospectus it submitted last week for its merger with Doosan Bobca...

Korean stock market SK Hynix: More room for share price rise after bull run

SK Hynix Inc.'s market value broke through the roof to top 150 trillion won ($110 billion) on Monday, becoming the second stock in South Korea to re...

Electronics Samsung’s The Frame selected as display for Art Basel

Samsung Electronics Co. announced on Monday that its TV The Frame was selected as the official display for the world's largest art exhibition Art Ba...

Travel & Leisure South Korea’s luxury hotels bask in return of tourists post-pandemic

South Korea’s luxury hotels are enjoying the return of tourists following years of COVID-19 restrictions, which significantly hurt their sales...

Electric vehicles Carmakers to expand affordable EV, hybrid lineups in Korea

Carmakers in South Korea are slated to unveil new electric vehicle models at cheaper prices next year to revive the sputtering EV market and also ro...

Electronics LG Electronics cuts H1 costs by $1.6 billion on stable supply chain

LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...

Tech, Media & Telecom Korea's new superconductor will be verified: research team

Global scientists will be able to replicate South Korean researchers’ recent findings of room-temperature superconductor in around a month, de...

Tech, Media & Telecom S.Korean academics to verify truth of room-temperature superconductor

The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in response to the ongo...

Bio & Pharma Lemonex signs MOU with WHO mRNA vaccines tech hub

South Korea's gene therapeutics developer Lemonex announced on Tuesday that it has signed a memorandum of understanding (MOU) with the World Health ...

Korean startups Profit matters for survival of startups amid investment drought

As venture capitalists tighten their purse strings amid looming recession fears, only startups with killer products that generate profits are well-p...

Travel & Leisure Stay-in-hotel trend for the holidays revs up luxury hotels

Luxury hotels in South Korea are enjoying the emerging trend of Koreans choosing relaxing vacations at hotels, rather than taking holidays overseas....

Food & Beverage CJ CheilJedang launches new Bibigo kimchi in Europe

Korea's leading food processing company CJ CheilJedang said on Monday that it has launched Bibigo sliced kimchi for export in Europe, which can be s...

Behind the Scenes Corporate restructure inevitable at Smilegate as founder faces divorce

South Korea's fifth-richest man Kwon Hyuk-bin and his wife Lee Hwa-jin appear to be headed for divorce, according to industry insiders on Monday.&nb...

Travel & Leisure Hotel Shilla's biz hotel to post record guest room sales

When Hotel Shilla Co. CEO and Samsung Group heiress Lee Boo-jin said in a shareholders’ meeting in March that the Korean hotel company will br...

Bio & Pharma Medipost to expand CDMO business with 10 new clean rooms in Korea

Medipost Co, a South Korean biotechnology company, is expanding its cell and gene therapy contract development and manufacturing organization (CDMO)...

Cryptocurrencies LG Elec unveils new NFT platform, aims to turn living room into art gallery

LG Electronics Inc. announced Monday it has launched its very own non-fungible token (NFT) platform, LG Art Lab. Now available in the United St...

Korean stock market Foreign stock buying on weaker won: Bucking the trend?

When a country’s currency weakens, foreign investors flee the local markets as a softer foreign-exchange rate usually means fragile economic f...

Industrial clean rooms Wonbang Tech: S.Korea’s leading chip clean room company

The dew point is the temperature at which the air becomes saturated with water vapor. When cooled further below the point, the airborne water vapor ...