Archive by category Business

KEPCO completes $2.5b Saudi Arabian power plant
KEPCO completes $2.5b Saudi Arabian power plant

State-run Korea Electric Power Corp, the county’s biggest utility firm, said Friday it finished building a 1,204-megawatt thermal power plant in Rabigh, …

Coupang raises $100 million from U.S. venture capital

Coupang, a leading social commerce company in Korea, announced on Thursday it raised $100 million from Sequoia, a California-based venture capital firm. It is …

Olympus’ three products recognized by Edison Awards

Olympus, a precision technology leader, said Thursday its three medical device products attained Edison Awards. Three products awarded are Endoeye Flex 3D, …

POSCO E&C to develop vanadium mine in Australia

POSCO E&C, a construction arm of steelmaker POSCO, said Friday it has signed a memorandum of understanding with a mineral explorer to develop a large …

LG shares get boost from G3 release

LG Electronics traded near this year’s high on Friday on hopes that its latest high-end smartphone, the G3, would help pull its money-losing handset business …

LG gets boost from latest smartphone G3

South Korea’s LG Electronics Inc. traded near this year’s high on Friday on hopes that its latest high-end smartphone, the G3, would help pull its …

SK hynix acquires PCIe card division of U.S. firm Violin Memory

SK hynix Inc., a leading South Korean chipmaker, said Friday it has signed a deal to take over the expansion card division of U.S. firm Violin Memory Inc. It …

Samsung unveils new digital health platform
Samsung unveils new digital health platform

Samsung announced a new digital health vision with the introduction of Simband, a health-tracking wristband, and its big data cloud platform SAMI, at the …

Korea will become more important market: SC Bank
Korea will become more important market: SC Bank

The new head of Standard Chartered Korea pledged to continue investing in digital banking and to expand global financial services to Korean businesses in a bid …

KB Card vows to win back customer trust
KB Card vows to win back customer trust

KB Kookmin Card CEO Kim Duk-soo (third from left) delivers a 30 million won ($29,000) donation to Min Dong-seok, secretary-general of the Korean National …

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