Korea's AI adoption rate over 40%, ranks 12th place globally: report
Korea was ranked 12th place in the global artificial intelligence (AI) diffusion scale, with more than 40 percent of the population using the technology in the second quarter, a report from Microsoft ...
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KAI, POSCO International team up for aerospace cooperation in Mexico
Korea Aerospace Industries Ltd. (KAI) said Monday it will work with POSCO International Corp. and a Mexican aerospace industry group to strengthen aerospace cooperation in Mexico and explore opportuni...
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LG Chem, Volkswagen partner on next-generation automotive materials
LG Chem signed an agreement with Volkswagen Group to jointly develop next-generation and eco-friendly materials for vehicles, the Korean chemical maker said Monday. The memorandum of understanding (MO...
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Samsung Biologics highlights faster drug manufacturing timelines at BPI Boston
Samsung Biologics showcased manufacturing technologies designed to accelerate biopharmaceutical development and improve product quality at BioProcess International (BPI) 2026 in Boston, highlighting e...
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Almonty set to export refined tungsten from Sangdong mine
Almonty Korea Tungsten Corp. (AKTC) has produced its first bulk bag of salable tungsten concentrate produced at its Sangdong mine in Yeongwol County, Gangwon Province, ready for shipment, marking a ke...
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Kakao names Kim Do-young as co-chair of group control tower
Mobile platform giant Kakao Group named Kakao Investment CEO Kim Do-young as co-chair of the group’s control tower, ahead of the planned spin-off of its flagship unit Kakao Corp. Kakao Group said Mond...
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Samsung Electronics to expand personalized AI subscription services
Samsung Electronics said Monday it will expand its artificial intelligence (AI) subscription services by offering more personalized options tailored to individual customers. The service, launched two ...
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Hanwha Solutions targets offshore wind cable materials market
Hanwha Solutions is strengthening its business foothold in China’s extra-high-voltage transmission and offshore wind markets, as part of efforts to accelerate the expansion of its global high-value-ad...
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Coupang's Korean dominance: double-edged sword for US investors
Coupang’s ongoing confrontation with Korean regulators is exposing a structural risk for U.S. investors, as the Nasdaq-listed e-commerce giant remains overwhelmingly reliant on the Korean market, wher...
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Space agency to finalize design of 1st navigation satellite for 2029 launch
Korea will begin production of its first satellite for the Korean Positioning System (KPS) ahead of a planned launch in September 2029, the space agency said Monday. The Korea AeroSpace Administration...
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