T’way Air announced on May 13 that it will launch a new regular service to Vancouver, Canada, becoming the first Korean low-cost carrier (LCC) to operate flights to North America, starting from July ...

The construction deadline for Saeul Nuclear Power Plant’s units 3 and 4 has been extended once again, making it difficult for the unit 3 to be completed within this year. Although the construction ...

Claims that Hanmi Semiconductor and SK Hynix, which have maintained an 8-year alliance supplying semiconductor equipment such as TC bonders, are moving towards a complete separation have been ...

Major South Korean commercial banks, including KB Kookmin Bank, NH Nonghyup, Shinhan, Woori Banks, IBK Industrial Bank, and Sh Suhyup, are joining forces to issue a won-based stablecoin. This ...

Huawei plans to begin supplying a new AI chip comparable in performance to Nvidia’s H100 starting next month, marking the beginning of a full-scale Chinese counteroffensive against U.S. export ...

With the surge in overseas travelers, travel insurance from non-life insurance companies is selling rapidly. Last year, travel insurance premiums in South Korea hit an all-time high, and the first ...

SK Hynix has finalized the acquisition of Intel’s NAND business unit, marking the completion of a deal initially signed in 2020 for $8.844 billion. This acquisition, executed in two phases, has ...

Hyundai Engineering & Construction (Hyundai E&C) is broadening its presence in the European large-scale nuclear power plant construction market, expanding its reach to Slovenia and Finland. Hyundai ...

In a significant shift within the semiconductor industry, SK Hynix has surpassed Samsung Electronics to become the leader in the global DRAM market. This development marks a pivotal moment as SK Hynix ...

Hyosung Group is strengthening its position as the global leader in products such as spandex, leveraging its proprietary technology to navigate the challenges of a global economic slowdown and ...

China is set to become the first country in the world to launch commercial drone taxi services. On March 31, China's state-run Global Times reported that the Civil Aviation Administration of China ...