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GS Engineering & Construction announced Monday that the company would cooperate with the Seoul Metropolitan Office of Education to open new after-school care facilities for elementary school students to help low-income households and families with working parents. The Seoul Metropolitan Government...
In the wake of a generative artificial intelligence-driven energy surge and favorable regulatory shifts, Hanwha Solutions’ Qcells is poised to benefit from massive government subsidies in the US solar market. As many US solar companies have been scaling back investments due to the influx of inexp...
South Korean mobile carrier SK Telecom has unveiled a new K-pop service for its metaverse platform, ifland, designed as an arena where K-pop idols and their global fans gather and communicate with one another. Starting Monday, ifland will offer a fan community service with hotel-style spaces enabl...
Value-focused coffee chain operators, such as Mega MGC Coffee and Compose Coffee, have grown rapidly in South Korea, thanks to increasing demand for affordable coffee products. While the number of such stores has been increasing across the country, concerns are mounting as the owners of licensed s...
Samsung Fire & Marine Insurance, the nation's leading non-life insurer, gathered insurance experts from inside and outside the country to share insights about the industry and Korea's insurance landscape at the Korea International Insurance Conference. The inaugural event, held Tuesday and Wednesd...
South Korean construction equipment maker Doosan Bobcat said Wednesday that it has recently completed the expansion of its production lines for mini excavators in Chennai, India. After nine months of construction, the 11,300-square-meter manufacturing facility has been added to the Chennai plant t...
LG Energy Solution said Wednesday it has signed a memorandum of understanding with American semiconductor manufacturer Analog Devices, Inc. to enhance battery management technologies for electric vehicles. Over the next two years, ADI will supply high-performance battery management integrated circ...
HD Hyundai has partnered with global leaders in the maritime classification and registration sectors to develop a new structure for ships by removing blind spots on vessels, the Korean shipbuilding conglomerate said Tuesday. For the development of AI technology, HD Hyundai signed a memorandum of u...
SK Group Chairman Chey Tae-won issued an apology on Monday after his high-profile divorce settlement ruling -- ordering him to pay a record 1.38 trillion won ($1 billion) to his ex-wife -- raised concerns for the company's employees and stakeholders. Taking part in an extraordinary meeting held by...
HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai's shipbuilding and offshore businesses, unveiled its latest advancements in ammonia-fueled vessel technology at the Global Tech Forum on Friday in Athens, Greece. At the forum, which attracted over 100 at...
South Korean steel giant Posco Group said Friday that it held a ground-breaking ceremony for its new plants dedicated to nickel and precursor production, as part of efforts to secure a stable supply chain for secondary battery materials. For this project, Posco partnered with CNGR, a Chinese compa...
LG Chem said on Friday that it has secured a 20-year deal to purchase clean electricity from two wind farms in South Korea, as part of its efforts to reduce carbon emissions and achieve net zero by 2050. Facilitated by the state-run utility Korea Electric Power Corporation, LG Chem formed a power ...
The high-profile divorce settlement ruling ordering SK Group Chairman Chey Tae-won to pay his ex-wife a record 1.38 trillion won ($1 billion) has commanded attention for how the chaebol chief will raise the cash as well as the possible impact the ruling could have on the shareholding structure of t...
Hanwha Ocean has bolstered its partnerships with Canadian companies to strengthen its submarine businesses, the Korean shipbuilder said Friday. According to the company, Hanwha Ocean signed a teaming agreement with CAE, a Canadian simulation technologies developer that provides integrated live, vi...
Hanwha Group has made the list of Time magazine's 100 Most Influential Companies in the world for the first time, as the only Korean company recognized this year. The list, which was unveiled on Thursday, described Hanwha as the "Lockheed Martin" of Asia, pointing out that the conglomerate had a g...
Daewoo E&C chair honored in India for boosting bilateral economic ties
SK chief underlines power of 'design thinking' amid global uncertainties
Hanwha Ocean drops police complaint against HD Hyundai in destroyer contract bid
AmCham seminar discusses US-Korea trade outlook for Trump’s 2nd term
Kia EV9 GT marks world debut at LA Motor Show
Hanjin inks partnership with DHL to boost logistics competitiveness