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Samsung Electronics said Tuesday it has appointed Jun Young-hyun as the new head of its semiconductor business in an apparent move to strengthen its market position amid fiercer competition in burgeoning artificial intelligence chips. Kyung Kye-hyun, who previously held the position, has been tapp...
Hanwha Group Chairman Kim Seung-yeon on Monday urged the group’s space business and defense arm Hanwha Aerospace to increase efforts to expand its presence in the global defense market. "We need to tirelessly work on securing future orders for Romania's K-9 project, in order to expand our share i...
SK Ecoplant said Monday that it is extending its waste management service for Coupang Fulfillment Services, the logistics arm of Korean e-commerce giant Coupang. SK Ecoplant has been offering an integrated waste management service using its WAYBLE circular platform that handles the collection and ...
Doosan Robotics announced Monday the establishment of its European branch, Doosan Robotics Europe, in Dusseldorf, Germany, aiming to expand its sales channels and respond more effectively to local demand. Doosan Robotics Europe will collaborate with system integrators and dealers in major European...
Korean IT service provider LG CNS said on Monday it has launched a multi-lingual video conference interpretation solution, called “Orelo,” which can simultaneously interpret up to three different languages in real-time. The solution can distinguish about 100 languages by voice alone and provides...
LG Uplus, one of the nation's top telecom carriers, on Sunday unveiled a new brand slogan “Growth Leading AX Company" to accelerate innovation centering on the artificial intelligence transformation, referred to as AX. The company said the latest announcement came during an internal online sessio...
HD Hyundai Chairman Kwon Oh-gap has been bestowed an honorary doctorate in business from Hankuk University of Foreign Studies, the company said Sunday. HUFS conferred Kwon, an alumnus, for his contributions to the national economy by securing firm’s competitiveness, fulfilling social responsibili...
South Korean builders remain alert against geopolitical risks rising across the Middle East that could throw cold water over their expectations to take a ride on the region's construction boom. Instability in the Middle East, a key market for Korean construction companies overseas, has been sparki...
Earlier on Thursday, Daewoo E&C signed a memorandum of understanding with Cambodian logistics giant WorldBridge Group. The signing event took place during the Cambodia-Korea business forum at the Korea Chamber of Commerce and Industry in Seoul, attended by Daewoo E&C CEO Baek Jeong-wan, WorldBridge...
Metanation and Memetoon inked a deal Tuesday for a global content market-focused partnership, which will involve projects incorporating blockchain Web3 technology across different industries such as webtoons, movies and dramas. Webtoon service Memetoon, which has an international publisher, plans ...
South Korean logistics company LX Pantos said Thursday it has signed a memorandum of understanding with Sinotrans, the Chinese logistics giant, as part of efforts to facilitate maritime and aerial transportation for deliveries to the US and Europe, as well as between the two Asian countries. The s...
Despite self-rescue efforts, a hike in electricity prices is inevitable, the Korea Electric Power Corp. Chief Executive Officer Kim Dong-cheol said Thursday. Explaining how the company was able to reduce its snowballing debt through all-out efforts, including a massive personnel restructuring, Kim...
Starbucks Korea announced Thursday that the company has introduced a faster hiring process that will halve the time to recruit baristas and workers at its branches. “The existing hiring process takes around 50 days to recruit new employees, but the new hiring process will take roughly three weeks...
Luxury online boutique platform Jente has teamed up with Valex, a specialized logistics company here, intending to elevate the overall luxury experience for its customers. Jente signed a premium delivery partnership agreement with Valex at its headquarters in Gangnam on Wednesday. The agreement ai...
Hana Financial Group Chairman Ham Young-joo joined the "Bye Bye Plastic Challenge" to increase awareness of the need to reduce plastic waste, according to the firm Wednesday. Appointed by Community Chest of Korea Chairman Kim Byong-joon, Ham joined the social media campaign, first initiated by the...
Posco threads new life to old uniforms for Philippine communities
NCSoft releases sustainability report to meet global green standards
Samsung may supply advanced image sensors for Apple: analyst
Hana chief cleared of severe punishment in DLF crisis
NCSoft launches official Discord channel for Throne and Liberty
Qoo10 liquidity crisis sparks massive complaints, fears of wider damage