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EcoPro said Sunday it has joined hands with SK Ecoplant and its electronics waste recycling subsidiary, TES, to set up an electric vehicle battery recycling plant in Hungary. EcoPro CEO Song Ho-jun, SK Ecoplant CEO Park Kyung-il and TES CEO Terence Ng participated in the signing ceremony held at S...
BUSAN -- Naver Z, the metaverse subsidiary of South Korean internet giant Naver, is planning a version of Zepeto for Apple's first wearable headset device, embracing the US tech behemoth's concept of spatial computing. “We are preparing to showcase something special with the launch of Apple's Vis...
BUSAN -- NCSoft CEO Kim Taek-jin declared the company's strategic shift from its traditional roots in Lineage, its series of massively multiplayer online role-playing games -- or MMORPGs -- to diverse gaming genres, responding to a downturn in earnings and a shift in gamer preferences. The CEO mad...
Alternative nicotine products can have a "significant" impact on reducing smoking rates as demonstrated by case studies in Japan and Sweden, a report showed Friday. In a policy paper dubbed “Safer Nicotine Works,” Tholos Foundation said it has found that alternative nicotine products, ranging fr...
Other than new genres and high-profile console and mobile games, Netmarble captivated the audience with an array of subculture genre games, highlighted by the anticipated release of "The Seven Deadly Sins: Origin." This open-world collectible role-playing game, available across mobile phones, PCs ...
SK Square, SK Group’s investment unit, has scrapped negotiations with Singapore-based e-commerce giant Qoo10 on selling shares of its online retail platform operator 11Street, according to local retail industry sources, Sunday. SK Square is not expected to resume talks with Qoo10 and may search f...
Daewoo Engineering & Construction will beef up its presence in the Indonesian market where the country has high demand for infrastructure arising from capital relocation and economic development. “Indonesia has the largest construction market among (Association of Southeast Asian Nations) member ...
Samsung Group commemorated the 36th anniversary of the death of Lee Byung-chull, the founder of Korea’s largest conglomerate, in a memorial service Friday. Lee's relatives, including former Leeum Samsung Museum of Art Director Hong ra-hee, Lee's daughter-in-law, and his two granddaughters Lee Boo...
The prosecution on Friday demanded five years in prison for Samsung Electronics Chairman Lee Jae-yong on charges of stock price rigging and accounting fraud connected to the controversial 2015 merger of two Samsung affiliates. Prosecutors also requested a fine of 500 million won ($387,000) for Lee...
KB Financial Group’s shareholders approved of Vice Chairman Yang Jong-hee's appointment as the next chairman during a special shareholders' meeting at its headquarters in Seoul on Friday. The financial group's shareholders overwhelmingly supported Yang's appointment, with 97 percent of votes in f...
The International Monetary Fund has upwardly revised its inflation forecast for South Korea to 3.6 percent for this year and 2.4 percent for next year, and advised the country to maintain its current interest rate policy to ensure price stability. In the IMF’s annual report released by the Financ...
South Korean President Yoon Suk Yeol attended the Indo-Pacific Economic Framework summit in San Francisco on Thursday, where leaders of the 14 member countries discussed strengthening regional economic cooperation. Yoon is in the US for a three-day trip to attend the Asia-Pacific Economic Cooperat...
Hyundai Motor will become the first automaker to sell cars on Amazon, the company said, announcing a strategic partnership with the US e-commerce giant at a motor show Thursday. The two companies unveiled their plan at the 2023 Los Angeles Auto Show in a joint showcase, with Jose Munoz, global chi...
SK hynix, the world’s second-largest memory chip maker, won this year’s R&D 100 Awards, also known as "the Oscars of innovation," with its cutting-edge Key Value Computational Storage Drive (KV-CSD), the company said Friday. Among the 100 winners of the 2023 R&D 100 Awards, which recognizes the ...
An increasing number of household names in the global capital market scene are setting their sights on Jeonju, a touristic provincial city in the southern part of Korea, opening new offices there in the hopes of strengthening ties with pension giant, the National Pension Service. In 2017, the NPS ...
Mercedes-Benz donates W500m for child protection center in Incheon
Korean banks head to CES amid AI push
Samsung SDI builds EV momentum with Audi, Hyundai deals
[Exclusive] Hyundai Mobis eyes closer ties with BYD
Hyundai Capital sets up Australian subsidiary
Nvidia CEO signals Samsung’s imminent shipment of AI chips