Korean NPU maker DEEPX's new chip wins CES Innovation Award
Korean neural processing unit (NPU) developer DEEPX's new artificial intelligence (AI) chip has been named a CES 2027 Innovation Awards honoree in the AI category, the company said Tuesday. The CES In...
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LG Innotek wins CES Innovation Award with automotive lighting module
LG Innotek said Tuesday that its next-generation automotive lighting module, Nexlide C+, has won a CES 2027 Innovation Award, marking the third consecutive year that its Nexlide series has received th...
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Shinsegae Q3 net income soars 146.4% to $88.5 mil.
Shinsegae, the operator of Korea's major department store chain, on Tuesday reported its third-quarter net profit of 119 billion won ($88.5 million), a 146.4 percent jump from a year earlier. The reta...
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Genesis GV90 sets sights on BMW, Mercedes-Benz in full-size luxury SUV market
Genesis is stepping up competition in the full-size luxury SUV market with the full-electric GV90, taking aim at German rivals — BMW and Mercedes-Benz — as it seeks to carve out a bigger share of the ...
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TV businesses of Samsung, LG face mounting pressure from rising LCD panel prices
Samsung Electronics and LG Electronics are expected to face growing pressure on their TV businesses, as rising prices of Chinese-made LCD panels drive up production costs, particularly for low- and mi...
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IWF Korea mentors North Jeolla startups on global expansion
The International Women's Forum Korea (IWF Korea) held one-on-one mentoring sessions for local startups in North Jeolla Province on Saturday to help them evaluate their business strategies and prepare...
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Samsung supports 1,000 startups, helping attract $1.6 bil. in investment
Samsung Electronics said Tuesday it has supported 1,000 startups, helping attract a cumulative 2.2 trillion won ($1.6 billion) in investment. Notably, the Korean tech giant selects promising entrepren...
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Hanwha Aerospace secures Korea's 1st approval for vessel-use hydrogen fuel cell
Hanwha Aerospace said Tuesday it has become the first company in Korea to win type approval for a marine hydrogen fuel cell from the Korean Register, the country’s ship classification society. The com...
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Lotte Chilsung, Thailand's CP Group sign MOU for beverage partnership
Lotte Chilsung Beverage said Tuesday it has partnered with Thailand's Charoen Pokphand (CP) Group to expand sales of its beverage and bottled water products in the Southeast Asian country. Under a mem...
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POSCO International completes $700 mil. LNG terminal expansion in Gwangyang
POSCO International, the energy and trading arm of POSCO Group, completed its second liquefied natural gas (LNG) terminal in Gwangyang, cementing its position as Korea's top private natural gas operat...
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