AmCham chief receives honorary doctorate from Korea Aerospace University

James Kim, chair and CEO of AmCham Korea, received an honorary doctorate in business administration from Korea Aerospace University on Thursday for his contributions to South Korea-US economic cooperation. The university cited Kim’s role in connecting the two countries’ governments and businesses, promoting trade and investment and advancing cooperation in high-tech industries. It also recognized his efforts to attract investment to Korea and improve the business environment. The ceremony took p

2026-10-16 15:00:49:00

Hyosung Heavy Industries doubles circuit breaker capacity with new plant

Hyosung Heavy Industries completed a new ultra-high-voltage circuit breaker plant in Changwon, South Gyeongsang Province, on Friday to meet rising global demand for power equipment. Hyosung Vice Chairman Lee Sang-woon, Rep. Heo Seong-moo of the Democratic Party of Korea, Rep. Kim Jong-yang of the People Power Party, and Korea Electrotechnology Research Institute President Kang Sang-hee attended the opening ceremony. The 18,996-square-meter plant will manufacture 420 kV, 550 kV and 800 kV export

2026-10-16 11:59:04:00

Kia launches Korea’s first remote-driving car-sharing trial

Kia has launched Korea’s first car-sharing trial using remote vehicle operation, aiming to assess its commercial viability and accelerate next-generation mobility solutions. The program began Thursday for employees of businesses in the Second Pangyo Techno Valley, using its PV5 model. Operations will continue through the end of the year. Customers reserve a vehicle through a dedicated app, prompting it to travel to their requested location without a driver. The customer then drives the vehicle t

2026-10-16 11:51:28:00

Bentley hits the battlegrounds in PUBG's latest update

Krafton has teamed up with British luxury automaker Bentley to bring three premium vehicle skins to PUBG: Battlegrounds in the game's latest 43.2 update. The collaboration introduces skins modeled after Bentley's Flying Spur Mulliner and Continental GTC Mulliner, including two Flying Spur sedan variants and a Continental GTC sports car. Each vehicle features distinctive engine-start, driving and horn sounds, along with design details such as panoramic sunroofs and retractable soft tops. Players

2026-10-15 13:26:26:00

Bibigo adds K-food flavor to Seoul palace tours

CJ CheilJedang said Thursday it will distribute Bibigo food kits to 6,000 international tourists joining guided palace tours in Seoul, as part of efforts to introduce Korean food alongside the country's cultural heritage. The initiative, running from October through December, is funded by the Food Safety and Mutual Growth Foundation, established by CJ CheilJedang. The tours, organized by the Korea History Interpretation Promotion Institute, take visitors through Gwanghwamun and Gyeongbokgung, wh

2026-10-15 11:35:07:00

Taihan Cable wins W120b US cable supply deal

Taihan Cable & Solution said Thursday it has secured a high-voltage power grid project in the US, signing a 120 billion won ($89 million) cable supply contract as electricity demand surges amid the expansion of artificial intelligence data centers. Under the deal, Taihan's US subsidiary T.E.USA will handle engineering and construction, while the Korean parent will manufacture and supply high-voltage cables and related equipment. The 120 billion won contract covers materials supplied by Taihan to

2026-10-15 11:35:00:00

Posco Future M targets 30% productivity boost with AI push

Posco Future M is stepping up its AI transformation to improve manufacturing efficiency, targeting a 30 percent productivity increase and 50 percent reduction in product development time by the first half of 2028. The Korean battery materials-maker aims to build an "AI-native" operating system in which artificial intelligence identifies and executes process improvements, while employees oversee final decisions. As part of the initiative, the company selected 28 employee-developed AI projects thr

2026-10-14 15:34:27:00

LG Electronics expands AI cooling push with GS E&C, GRC

LG Electronics is teaming up with GS E&C and US cooling specialist Green Revolution Cooling to develop standardized immersion-cooling systems for artificial intelligence data centers, expanding its push into next-generation cooling technologies. The three companies signed a memorandum of understanding Tuesday at GS E&C's headquarters in Seoul to develop integrated cooling solutions and test their suitability for commercial data centers. The signing ceremony was attended by LG Electronics Executi

2026-10-14 11:24:22:00

Chrome widens lead over Naver in mobile usage

Google Chrome has widened its lead over Naver in South Korea's mobile search and browser market, ranking first in usage time for the fifth consecutive month. Chrome logged 260 million hours of usage in September, outpacing Naver's 240 million hours, according to mobile app analytics firm Wiseapp Retail. Chrome has held the top spot since it first overtook Naver in May. Samsung Internet ranked third with 130 million hours. Together, the three apps accounted for 630 million hours, or about 80 perc

2026-10-14 11:19:18:00

Daewoong eyes 2027 GMP approval for microneedle facility

Daewoong Pharmaceutical is expanding its manufacturing capabilities for microneedle drug patches, aiming to secure Good Manufacturing Practice approval for a dedicated sterile production facility by the first half of 2027. The facility, located at Daewoong Bio's Plant 3, will support clinical trials and lay the groundwork for commercial production of next-generation medicines, including DWRX5003, a semaglutide-based treatment candidate for obesity and diabetes. Using the Clopam microneedle platf

2026-10-14 10:42:44:00