KT, Doosan Fuel Cell Signs MOU to Develop AI-Based Fuel Cell Business
KT Corp. announced it signed a memorandum of understanding (MOU) with Doosan Fuel Cell to expand its fuel cell business...
LG Electronics Reveals New Smartphone Name “LG VELVET”
LG Electronics revealed on Sunday the brand name for its upcoming smartphone, "LG VELVET," which would hit the Korean market...
Korean Researchers Completes First Ever Coronavirus Genetic Map
The Korea Institute for Basic Science (IBS) announced that it completed the world’s first high-resolution genetic map for the SARS-COV-2,...
Samsung Reveals New 5G Galaxy Series Smartphones
Samsung Electronics revealed on Thursday its new 5G versions of its Galaxy series smartphones as it aims to improve handset...
KT Signs Agreement to Export 5G Network Technology to Taiwan
KT Corp. said Wednesday it would export its 5G network technology and digital content development to Far EasTone Telecommunications (FET)....
Samsung Boost Mask Manufacture to Combat Coronavirus
As the new coronavirus (COVID-19) continues to spread throughout the world, Samsung Electronics established regional response teams providing its employees...
Sugentech Finish US FDA Registration for 10-Minute COVID-19 Test Kit
Sugentech said it would begin the mass production of its antibody-based testing kit for COVID-19. The South Korean medical diagnostics...
Coupang Demerges Fintech Business Subsidiary Coupang Pay
Coupang announced the spin-off of its payment service platform Coupang Pay to advance its fintech business. The company expects the...
Celltrion at Second Stage of Vaccine Development Against COVID-19
Celltrion said on Thursday that the company started to select through screening the most effective antibodies to neutralize the virus....
Samsung Display to Stop LCD Business, Focuses on QD-LED
Samsung Display reportedly decided that it would end its traditional liquid-crystal display (LCD) business as the company aims to become...
Hanjin Group Chair Cho Won-tae Remains Hanjin KAL Exec Director
Hanjin Group Chairman Cho Won-tae retained his position as the executive director of Hanjin KAL, the company of Hanjin Group,...
Hyundai Mobis’ World-First Roof Airbag Gains U.S. Gov Attention
Hyundai Mobis' roof airbag technology, a first of its kind invention, received certification from the U.S. National Highway Traffic Safety...
Samsung Electronics Ships and Mass Produces World’s First EUV DRAM
Samsung Electronics reported that it successfully applied extreme ultra-violet (EUV) processing technology to its dynamic random access memory (DRAM) chip...
Hyundai Glovis Makes Contactless Cloud-Based Used-Car Auction System
Hyundai Glovis launched on Tuesday the first contactless, cloud-based used-car auction system for direct integration with different auction centers. The...
South Korean Companies Close India Plant Operations Amid Virus Scare
South Korean companies temporarily closed their plant operations in India. The country recently shut down all its nonessential services amid...
Hyundai Motor Co. Halts Alabama Plant After Employee Tests Positive
Hyundai Motor Co., South Korea’s largest carmaker, suspended its factory in Alabama, U.S., on Wednesday. The shutdown was due to...
Top Eight Promising EdTech Startup Companies in South Korea
With the advancement of technology, the education technology sector has been rapidly growing in South Korea. EdTech startups are developing...
Kogene Biotech Applies for COVID-19 Kit EUA After U.S. FDA request
Kogene Biotech said that the U.S. Food and Drug Administration (FDA) recently invited South Korea’s COVID-19 detection kit maker to...
Samsung Biologics, Aprinoia Inks Deal to Develop Alzheimer’s Treatment
Samsung Biologics announced on Tuesday that it signed a contract with Aprinoia Therapeutics to develop the Taiwan-based biotech firm's Alzheimer's...
Hyundai Motor, Turkmenistan Signs $60 Mil Supply Deal for 400 Buses
Hyundai Motor, South Korea’s largest car manufacturer, announced on March 15 that it signed $60 million (72.7 billion won) worth...