Kakao Mobility Faces $10.5 Million Fine for Limiting Competitors’ Access to Taxi Platform
South Korea's Fair Trade Commission (KFTC) has levied a $10.5 million (KRW 15.1 billion) fine on Kakao Mobility, the ride-hailing...
Nokia and SK Broadband Secure KHNP’s IT Infrastructure with Quantum-Safe Network
Nokia, in collaboration with SK Broadband, has successfully deployed a leased line network for Korea Hydro and Nuclear Power (KHNP)...
South Korea’s Top Internet Platforms Struggle with Surge in Traffic After Martial Law Announcement
Naver and Kakao, South Korea's leading internet platforms, experienced major disruptions on the night of December 3 when President Yoon...
Hanwha Power Systems Partners with TC Energy for Carbon-Free sCO2 Power Generation
Hanwha Power Systems Co., Ltd. has signed a Memorandum of Understanding (MOU) with TC Energy to collaborate on developing a...
Hyundai Motor Reshuffles Leadership Amid Global and U.S. Policy Challenges
Hyundai Motor has appointed José Muñoz, its global chief operating officer, as the company's next CEO. It is the first...
LG Energy Solution Secures Five-Year Battery Supply Deal with Rivian for R2 SUVs
LG Energy Solution (LGES), South Korea's leading battery maker, has secured a five-year supply agreement with the U.S.-based electric vehicle...
Samsung Unveils Galaxy Z Fold Special Edition: A Slimmer, Feature-Rich Foldable
Samsung has officially introduced the Galaxy Z Fold Special Edition in South Korea, marking a new addition to its foldable...
Samsung and KT Partner to Build Korea’s First Private 5G Network for Navy’s Smart Naval Port
Samsung Electronics and KT Corporation have been selected to build a private 5G network for the Republic of Korea Navy's...
Facing EV Demand Decline, SK On Announces Workforce Reduction Plans
SK On, South Korea's fifth-largest electric vehicle battery manufacturer, announced plans to introduce voluntary redundancy programs to reduce its workforce....
SK Hynix Launches 12-Layer HBM3E Chip, Shares Surge Over 9%
SK Hynix shares jumped over 9% on Thursday morning after the company announced the commencement of mass production of a...
LG and Ricoh Unite to Offer Digital Solutions for Modern Workplaces
LG Electronics has partnered with Ricoh, a global leader in office solutions, to enhance its presence in the business-to-business (B2B)...
New BMS by Hyundai and Kia to Prevent EV Fires and Enhance Driver Safety
Hyundai Motor Company and Kia have introduced an advanced battery management system (BMS) to enhance the safety of electric vehicles...
SK Group and Geely Expand Collaboration on Green Automotive Solutions
SK Group and Zhejiang Geely Holding Group have deepened their collaboration in eco-friendly automotive technologies. This intensified partnership focuses on...
SK Hynix Announces $6.8 Billion Investment in New South Korean Chip Plant
Memory chip giant SK Hynix announced plans on Friday to invest 9.4 trillion Korean won ($6.8 billion) in a new...
Galaxy Z Fold6 and Z Flip6 to Debut at Samsung’s Paris Unpacked Event
Samsung has officially confirmed that its next Galaxy Unpacked event will be held in Paris on July 10th. At this...
South Korea Unveils $12.22 Billion Boost for Semiconductor Industry
South Korea has announced a financial boost to strengthen its semiconductor industry in the face of escalating global competition. The...
Samsung Unveils Strategy to Fast-Track AI Chip Production
Samsung Electronics has announced a strategic plan to expedite the production of AI chips by offering a one-stop shop service....
Hanwha Group Earns Coveted Spot on TIME100 Most Influential Companies List
Hanwha Group has been honored with a place on TIME magazine's prestigious 'TIME100 Most Influential Companies' list. The announcement, made...
South Korea Unveils $19 Billion Boost for Semiconductor Industry
South Korean President Yoon Suk Yeol on Thursday announced a record $19 billion support plan for the country's crucial semiconductor...
AI companies Commit AI Safety at Seoul summit
Leading artificial intelligence firms recently proclaimed their commitment to ensuring the safe development of AI at a recent mini-summit, coinciding...
