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Krafton posted record earnings for the first half of this year on the strong output from its popular battle royale shooter PUBG: Battlegrounds, the Korean game developer announced Monday. According to the announcement, Krafton logged 1.37 trillion won ($1 billion) in revenue and 642.6 billion won ...
South Korean mobile carriers are rushing to launch call-recording services for iPhone users, possibly taking a cue from the market leader SK Telecom’s success with its A. service. According to industry sources on Monday, LG Uplus, the country's smallest telecom company by market share, is plannin...
South Korea's Ministry of SMEs and Startups, in partnership with Indonesia's Ministry of Cooperatives and SMEs, is set to co-host the fifth Korea-ASEAN Business Model Competition for SDGs 2024 in October. According to the organizing committee Monday, the annual event, launched in 2020, aims to fos...
Innocean, the marketing communications arm of Hyundai Motor Group, said Monday that it has named Susanne Plumecke, an automotive marketing specialist, as its new European chief operating officer. Plumecke is an industry veteran with over 20 years of experience in marketing brands, mostly carmakers...
South Korean biopharmaceutical firm Celltrion has received US Food and Drug Administration approval to kick off advanced clinical testing for CT-P51, a biosimilar of the breakthrough cancer drug Keytruda, the company announced Monday. CT-P51 replicates the effects of pembrolizumab, marketed under ...
Set to debut Thursday, LG's new product, the Roboking AI All-in-One, has adopted the "all-free" solution, requiring only minimum intervention from users. With one press of the "start" button, the machine automatically scrubs away dirt and mops the floor, then also washes and dries the rag by itself...
NCSoft announced new leadership appointments at its global offices Monday, as the Korean gaming giant looks to foster new growth and bolster global businesses. NCSoft has appointed Jin Jeong-hee, former head of Pearl Abyss America, as the new CEO of NC America. Pearl Abyss, a Korean game developer...
HD Hyundai Marine Solution has secured a $30 million contract with a European maritime firm to develop an LNG floating storage unit, its first such project, the company announced Sunday. The project will convert a 2004-built, 138,000-square-meter Spanish carrier into an FSU capable of gas storage ...
South Korea’s chip exports to Taiwan have surged on the back of increased SK hynix shipments for Nvidia, data showed Sunday. According to the data compiled by the Ministry of Trade, Industry and Energy and the Korea International Trade Association, Korea’s memory chip exports to Taiwan amounted ...
SK veteran at the helm Despite the localization strategy, at the helm of the revamped US control tower is an SK veteran Yu Jeong-joon, SK Group’s vice chairman who doubles as CEO of SK On, the group’s battery-making unit. Yu is considered a US specialist within SK as he has served in diverse rol...
Nexon has set a new record for second-quarter revenue and operating profits, driven by the exceptional performance of Dungeon & Fighter Mobile in China, which launched in May earlier this year. In its latest filing to the Tokyo Stock Exchange on Thursday, Nexon reported a 64 percent year-over-year...
SK Earthon, an exploration unit under SK Innovation, announced on Thursday that it secured the right to explore carbon dioxide reservoirs off the northern coast of Australia, looking to bolster its resource development and carbon capture and storage, or CCS, businesses. According to SK Earthon, th...
Hyundai Elevator said Thursday that it has signed a memorandum of understanding with Kakao Mobility to integrate Kakao's robotics technology with Hyundai's vertical transportation systems. The signing ceremony took place at Kakao Mobility's headquarters in Seongnam, Gyeonggi Province, on Wednesday...
The Asiana Airlines' Pilots Union has requested that the European Commission investigate the suitability of Air Incheon as a potential buyer of Asiana Airlines' cargo business, the union announced Tuesday. The move follows Korean Air's selection of Air Incheon as the preferred bidder for the sale o...
Paper firms fined W30b for colluding on newsprint prices
Main opposition pushes to ease, not postpone, tax on crypto gains
Koreans' overseas investments exceed foreigners' local investments for the first time
Mercedes-Benz Korea helps startups expand globally
[From the Scene] Gigantic Olive Young store lures young trend-setters in Seongsu
Korean Air offers special flights for mileage users