Korea

Hyosung Chairman Hyun-Joon Cho Drives Record Success in U.S. Power Grid Market

* Hyosung Heavy Industries' Q2 operating profit surges by 60%, marking a record quarterly high. * The U.S. market accounts for 71% of the KRW 7.5 trillion in new orders secured during the first half of the year. * Company solidifies its No. 1 position in the U.S. 765kV market, driven by its...

2026-08-12 21:00 1688

Hanon Systems Named Finalist for 2026 Automotive News PACE Awards

* Highly Integrated Cooling Entity combines key refrigerant thermal management functions into a compact module * Supports next-generation EV thermal management through enhanced energy efficiency and optimized Noise, Vibration and Harshness (NVH) performance * Marks ninth Automotive News PACE...

2026-08-12 13:23 1789

MegazoneCloud Selected as Amazon Quick SI Partner by AWS Generative AI Innovation Center

First SI partner for Amazon Quick in Korea to support enterprise AI agent deployment — automating report writing, data analysis, and task execution 120 certified generative AI professionals on staff — strengthening enterprise AI capabilities on AWS SEOUL, South Korea, Aug. 11, 2026 /PRNewswire/ ...

2026-08-12 08:45 1294

AUTOCRYPT Wins DEF CON 34 Automotive Hacking Competition, Ranking First Among 83 Teams

* Claiming first championship following last year's third-place finish, solving all challenges within 25 hours of the 50-hour competition * Demonstrating human-AI collaboration by combining AI-powered security analysis technology with expert judgment SEOUL, South Korea, Aug. 11, 2026 /PRNewsw...

2026-08-11 20:00 1819

NAVER D2SF Makes Follow-On Investment in NdotLight, a Physical AI Data Startup

-NdotLight builds data infrastructure that can be directly used for physical AI training simulations -Validating its business potential and laying the foundation for global growth; actively hiring across all functions -NAVER D2SF makes its third investment following initial investments in 2021 ...

2026-08-11 08:00 1828

Shilla Stay Signs Accommodation Partnership for World Youth Day Seoul 2027

Partnership underscores Shilla Stay's standardized service capabilities and large-scale hospitality expertise * Shilla Stay will provide accommodations and dedicated guest services for key participants attending World Youth Day Seoul 2027. * Dedicated check-in arrangements, information desks ...

2026-08-11 00:00 2010

Hyosung rides the AI wave as Chairman Hyun-Joon Cho's proactive investments yield improved affiliate performance

* Earnings improve on expanded North American power equipment orders and recovery in textiles and chemicals. * Strengthening competitiveness in future businesses, from localized power equipment production to bio-based materials. * Chairman Hyun-Joon Cho calls data "the oil of the 21st centur...

2026-08-10 21:00 3091

JINRO Unveils Global Limited-Edition 'K-POP Star Toad' Green Grape

- Features JINRO's iconic mascot reimagined as a K-POP artist for a limited-edition rollout SEOUL, South Korea, Aug. 10, 2026 /PRNewswire/ -- JINRO, the world's No. 1 soju brand, announces the launch of a limited-edition product featuring its 'K-POP Star Toad' label. Featured on JINRO Green Grap...

2026-08-10 21:00 2525

HD Hyundai Heavy Industries to Supply Large-Scale Power Generation Systems to U.S. Data Centers

* Secures additional orders in the U.S. data center market, supplying 1,000 MW of power generation systems valued at USD 673.8 million * Expands group-wide capabilities amid continued growth in the data center power generation equipment market * "The HiMSEN engine's technology and reliabilit...

2026-08-10 11:00 1358

STARCARES Revamps Basketball Court at the University of Lagos for Future Healthcare Professionals

The revitalised basketball court gives approximately 2,000 future healthcare professionals a dedicated space to recharge, connect, and build community activities beyond their academic training LAGOS, Nigeria, Aug. 7, 2026 /PRNewswire/ -- STARCARES, the community impact initiative of STARTRADER, ...

2026-08-07 16:30 2718

Alteogen Announces Exclusive License Agreement with a Global Pharmaceutical Company for the Development and Commercialization of a Hybrozyme™-Enabled Subcutaneous Biologic Product

* Alteogen grants exclusive rights to develop and commercialize a subcutaneous biologic product using Hybrozyme™-based hyaluronidase ALT-B4 * Alteogen is eligible to receive up to US$365 million, including an upfront payment and development, regulatory and sales milestone payments * Addition...

2026-08-05 20:00 2117

AKA Launches 'EOS' Sales Knowledge Engine Globally, Now Available on AWS Marketplace

EOS verifies what sales reps actually say against company documents — and turns every failed claim into a citation-backed quiz that certifies real product knowledge SEOUL, South Korea, Aug. 4, 2026 /PRNewswire/ -- AKA, an AI business solutions company, today announced the global launch of EOS, a...

2026-08-04 23:00 2017

SK hynix Unveils First HBF Standard Specifications with Sandisk, Presenting AI Memory Solutions at 'FMS 2026'

-  First HBF standard showcased within six months of consortium launch, expanding the ecosystem with participation from Google, Tenstorrent -  Keynote by SK hynix Executive Vice President Kim Chun-sung and Vice President Kang Uk-song on opening day, offering solutions for next-generation AI infra...

2026-08-04 08:55 4273

Hanon Systems Announces Second Quarter 2026 Financial Results

* Revenue reached KRW 2.87 trillion and operating profit of KRW 103.7 billion, marking continued earnings recovery driven by structural improvements and business diversification * Achieved a cost of goods sold (COGS) ratio to 89.3% in the first half of 2026 through global restructuring and co...

2026-07-31 15:57 4444

Hanon Systems Releases of 2025/26 ESG Report

* Provides English translation of its ninth sustainability report, offering global stakeholders access to annual ESG achievements and sustainability strategies, strengthens ESG governance framework with plans to establish an ESG Steering Committee in the second half of 2026 SEOUL, South Korea, J...

2026-07-31 15:33 2837

Tesollo, a Robotic Hand Specialist, Kicks Off IPO Process | Appoints KB Securities as Lead Underwriter

KB Securities Selected as Lead Underwriter; Series B Funding Completed, Targ eting Technology-Special Listing After 2027 SEOUL, South Korea, July 30, 2026 /PRNewswire/ -- Tesollo, a South Korean robotic hand specialist, has officially begun preparations for its initial public offering (IPO) throu...

2026-07-30 20:00 1836

Daily Union News: Sharon Sim, Seoul Elementary Student, Wins Overall Grand Prize at National English Speech Contest for "My Song, My Korea" Speech on South Korea's National Anthem

- A Powerful Message From a 7-Year-Old Inspires Pride in Korea and Hopes for a Global Future SEOUL, South Korea, July 30, 2026 /PRNewswire/ -- A 7-year-old elementary school student has won the highest award at a national English speech competition after delivering a presentation highlighting th...

2026-07-30 16:10 1944

Daily Union News: M Beauty Gallery's Miok Kim Builds Integrated Care Model Connecting Inner and Outer Well-Being…from Skin Structure to Life Structure

- K-Beauty's Next Competitive Edge Lies in Systems: M Beauty Gallery Integrates Data with Life Structure Theory - M Beauty Gallery partners with ITimes KDA Data Analysis System to Shift from Experience-Based Care to Data-Driven Personalization - Yongdoo Kim's Theory of Life Structure and Facial ...

2026-07-30 10:36 1831

LG Energy Solution Releases 2026 Second-Quarter Financial Results

* LG Energy Solution posts KRW 7.6 trillion in consolidated revenue and KRW 113.3 billion in operating profit in Q2 2026 * First-half year revenue marked 10% YoY increase, with ESS revenue increasing 4.6 times and now accounting for high-20% range of total revenue * The company to leverage i...

2026-07-30 09:00 3537

HD Hyundai to Help Modernize U.S. Shipyards with End-to-End Shipyard Solutions

* Signs MOU with Fraser Industries on shipyard modernization to support the revitalization of the U.S. shipbuilding industry * To provide an integrated package including shipyard design and construction expertise, production and operational systems, and data management capabilities * "We wil...

2026-07-30 08:00 1957
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