South Korea recorded the second-highest real GDP growth rate among member countries of the Organisation for Economic Co-operation and Development (OECD) in the first quarter of this year, supported by a strong rebound in semiconductor exports and a favorable base effect.According to OECD data releas

Samsung Electronics and SK Hynix are expected to deliver strong second-quarter earnings, driven by a surge in demand for memory semiconductors fueled by the rapid expansion of artificial intelligence (AI). Rising prices of high bandwidth memory (HBM) and conventional DRAM are simultaneously boosting

Hana Bank announced on the 5th (local time) that it has opened a new Subic Office in the Philippines as part of its strategy to strengthen its banking network across Southeast Asia.Subic is a special economic zone located about 100 kilometers northwest of Manila, where HD Hyundai Heavy Industries’ P

The Korea Railroad Corporation (Korail) announced that it has donated 30 educational computers to a youth school in the Philippines as part of a joint social contribution initiative with the National Railroad Workers’ Union.The donation was carried out through the Hope Railroad Foundation, a charita

South Korean singer-songwriter Jeon Young Rok is set to release a new collaborative single with AI-powered virtual artist ChaeA, highlighting the growing role of artificial intelligence in music creation and artist collaboration.Sound Republica, a company specializing in digital music intellectual p

SK Group Chairman Chey Tae-won is accelerating efforts to strengthen the company's position in the global artificial intelligence (AI) infrastructure market through a series of high-profile meetings with Taiwan's leading technology companies.According to SK Group on June 4, Chey met with Fox

Competition among sodium-glucose cotransporter-2 (SGLT-2) inhibitors is intensifying as Korean pharmaceutical companies seek to establish clinical evidence against globally established diabetes therapies. Daewoong Pharmaceutical has unveiled interim findings from a large-scale comparative clinical s

Bukwang Pharmaceutical announced that its antipsychotic drug Latuda (active ingredient: lurasidone) has received approval from South Korea’s Ministry of Food and Drug Safety to proceed with a Phase 3 clinical trial aimed at expanding its indication to adjunctive treatment for major depressive disord

HYERES, France — Wise Integration plans to present its latest digital power conversion technologies at PCIM 2026 in Nuremberg, Germany, where the company will outline its roadmap for integrating digital control functions more directly into gallium nitride (GaN)-based power systems.The company will s

Samsung Electronics has climbed into the world’s top 10 listed companies by market capitalization, overtaking Meta Platforms amid growing investor optimism over the artificial intelligence (AI) semiconductor boom.According to global market capitalization tracking website CompaniesMarketCap, Samsung

Samsung Heavy Industries said Tuesday that it had secured an order worth 4.33 trillion won ($3.2 billion) for one floating liquefied natural gas production facility (FLNG) from a North American client.According to a regulatory filing, the offshore facility is scheduled for delivery by July 2030. Con

Samsung Electronics has publicly unveiled a mock-up of its next-generation High Bandwidth Memory (HBM5) for the first time, signaling an aggressive push to regain leadership in the rapidly expanding AI memory semiconductor market.Speaking to reporters at Computex 2026 in Taipei on Tuesday, Song Jae-

As global treatment strategies for hypertension increasingly shift toward earlier and more intensive blood pressure control, pharmaceutical companies are focusing on combination therapies that balance efficacy, safety, and patient convenience. Against this backdrop, CKD Pharmaceutical has presented

As the global energy industry undergoes a rapid transformation, leading companies from across the energy, technology, and aviation sectors gathered in Seoul to discuss future growth opportunities and long-term survival strategies. Industry leaders emphasized that collaboration across sectors is beco

SK Telecom is leveraging NVIDIA’s Omniverse platform to create a digital twin of SK hynix’s semiconductor production facilities, marking a significant step toward AI-driven smart manufacturing. The initiative seeks to replicate complex semiconductor fabrication environments in a highly detailed virt

Lotte Wellfood has wrapped up its first appearance at THAIFEX-Anuga Asia 2026, using one of Southeast Asia’s largest food exhibitions as a platform to promote its flagship K-food brands and strengthen relationships with international buyers.The company announced on June 1 that it successfully partic

As global pharmaceutical companies broaden their focus beyond obesity treatments and into rare gastrointestinal disorders, Hanmi Pharmaceutical has secured a major licensing agreement with Eli Lilly worth up to $1.26 billion.Industry observers view the deal as more than a conventional technology tra

A semiconductor-based technology capable of reading electrical signals from thousands of neurons simultaneously is bringing scientists closer to understanding how the human brain processes information.Researchers at Harvard University have developed a new platform that combines neuroscience and semi

LG Household & Health Care is accelerating its push into the North American beauty market as its premium scalp-care brand Dr.Groot enters major offline stores operated by global beauty retailer Sephora.Dr.Groot recently launched its products in around 90 key Sephora locations across the United State

Korea Hydro & Nuclear Power has officially begun reactor building construction for Shin Hanul Unit 4, marking another major milestone in South Korea’s nuclear power expansion strategy.The company announced Thursday that it carried out the project’s “first concrete pouring,” a key stage in nuclear pl