SKC Raises 1Tr Won Investment Expanding into Mobility and Chip Biz
SKC said on Monday that it raises around 1 trillion won ($815 million) of investment to expand into the mobility...
Celltrion to Conduct Trials for COVID-19 Test Kit, Cure in Six months
Celltrion, South Korea’s leading biosimilar developer, said it doubled its efforts to create a super-fast test kit designed to identify...
TADA to Indefinitely Terminate Main Service in April
Update SoCar’s board directors held a meeting on Friday deciding to withdraw the plan to spin-off Tada as a standalone...
LG Uplus Partners with PoteNit to Promote 5G Smart Port Service
South Korea’s LG Uplus announced on Tuesday that it signed a memorandum of understanding (MOU) with U.S.-based PoteNit to develop...
Coupang Goes for Nasdaq Listing with eBay Korea Acquisition
Coupang is rumored to have intentions of acquiring major shares in eBay Korea. Founded in 2010 by Kim Bom, South...
Samsung Electronics Ask Vietnam to Ease Travel Ban for its Engineers
Samsung Electronics Co. has asked the Vietnamese government to permit the entry of its South Korean engineers, exempting them from...
Anti-TADA Bill Approved into Law, Halting Innovation
The National Assembly plenary session of Friday passed the revision bill aimed at banning TADA, a car-sharing service operated by...
Samsung Releases Expanded 2020 QLED 4K and 8K TV Line
Samsung Electronics Co. released on Thursday its new and expanded line of 2020 QLED 4K and 8K TV models. The...
KAERI Successfully Produces Isotope for Cancer Treatment
The Korea Atomic Energy Research Institute (KAERI) reported on Wednesday that it succeeded in producing a medical isotope that can...
Hyundai Motor Introduces Concept EV Dubbed “Prophecy”
Hyundai Motor Co., South Korea's largest car manufacturer, unveiled on Tuesday its new design of its-all-electric concept car dubbed the...
Kakao Corp.: Enterprise Messaging Platform in Progress
Kakao Corp. announced its plan to launch KakaoTalk with a new feature for business purposes. The company said that the...
NCSOFT, Harmonix to Debut FUSER, an Interactive Music Game
South Korea-based game developer, NCSOFT, in partnership with Harmonix Music Systems introduces the next-generation of interactive music gaming named FUSER,...
Socar Collaborates with KITA to Conduct Solutions Testbed Project
South Korea's largest ride-hailing service provider SoCar, amid issues surrounding its legality, received support from the Korea International Trade Association...
Baemin Riders Receive Financial Assistance from Baedal Minjok
Baedal Minjok (Baemin), announced on Wednesday that it would offer financial support for its riders if they have to self-quarantine...
Korean Diagnostics Companies Release Detection Kits for Emergency Use
Update (April 2, 2020): South Korea's foreign ministry on March 28 said that the U.S. Food and Drug Administration (FDA)...
Samsung Temporarily Closes Gumi Phone Factory Over COVID-19 Issue
Samsung Electronics Co. stated on Sunday that the company temporarily shut down its smartphone plant located in the southeastern city...
Hyundai and Kia Develop First Ever ICT Connected Shift System
Hyundai Motor Group announced on Thursday the development of the first-ever self-controlling gearshift that can identify and gauge traffic conditions,...
Kakao Mobility Rapidly Scaling Up Taxi Service to Compete with Tada
Amid the backlash from the taxi industry over the recent Seoul Central District Court’s ruling over Tada’s legitimacy, Kakao Mobility...
Kpop Girl Group, Twice, Hits record of 500 Million Views on YouTube
On January 22, Twice reached a monumental milestone by having their music video for “TT” surpass 500 million views on...
LG Reveals Fresh 2020 K-Series Smartphones with Quad Cameras
LG Electronics unveiled on Tuesday three new models in its K-series line of budget smartphones. Each new smartphone contains a...
