Hyundai Motor launched its new STARIA multi-purpose vehicle (MPV) lineup via a digital world premiere on April 13, establishing a model for its future Purpose Built Vehicles (PBVs). STARIA will go on sale in select markets starting from the second half of 2021.STARIA’s debut furthers Hyundai Motor’s

LG Chem has been making a strong push for its penetration into Chinese markets by introducing eco-friendly materials and technologies, such as recyclable plastic, bio-degradable plastic, bio-material based plastic, etc.LG Chem announced on April 13 that it will participate in CHINAPLAS 2021, which w

Samsung Electronics announced the official launch of Galaxy SmartTag+ on April 8, which is available starting from April 16.Galaxy SmartTag+ is equipped with both Bluetooth Low Energy (BLE) and ultra-wideband (UWB) technology so that it can pinpoint the location with greater accuracy, the company sa

LG Electronics on April 7 announced its preliminary earnings results for the first quarter of 2021.LG reported tentative consolidated revenues of 18.8 trillion won in the first quarter of 2021 with an operating profit of 1.5 trillion won. Revenue and operating profit increased 27.7 percent and 39.2

Hanwha Group's “Space Industry” gets on right track. Kim Dong-kwan, CEO of Hanwha Solutions, was appointed as an inside director of the Group's aviation and defense affiliates, and Hanwha Systems will raise 1.2 trillion won via a rights offering to fund its space and aviation projects.Hanwha Aerospa

By Special Feature Editor Kim Hyung-daeLast year, Seoul National University celebrated its 74th anniversary, and in celebration of its founding, Chairman Kihak Sung of Youngone Corporation was honored as the ‘Distinguished Seoul National University Member.’Chairman Sung founded the Youngone Corporat

Samsung Electronics said on March 22 that it has revealed the findings of a new study published in Clinical and Experimental Otorhinolaryngology, a renowned scientific journal dedicated to ear, nose, and throat (ENT) research.The study indicated that Galaxy Buds Pro’s Ambient Sound feature is effect

Mesh Korea, led by CEO Yoo Jung-beom, a comprehensive digital logistics company that operates the logistics brand "VROONG," announced on March 18 that it has been selected as the winner of the “2020 Venture Billionaire (100 billion Won or $90 million) Company Award.”Organized by the Ministry of SMEs

By Vice Chairman Song Na-raChairman Lee Kwang-yeon of Pasifik Korea said, “We support the business companies who want to open and operate business in Indonesia and also protect and promote the rights of the Indonesian workers in Korea.”Speaking at an exclusive interview with The Korea Post media, ow

AIA Life, led by CEO Peter Chung, will carry out CSR programs linked to its health and wellness platform AIA Vitality, currently the No.1 health and wellness platform in Korea, the company said on March 16.The first such program is ‘Ssuk Ssuk Campaign’, which ties individual health improvement activ

By Vice Chairman Song Na-raChairman Lee Kwang-yeon of Pasifik Korea said, “We support the business companies who want to open and operate business in Indonesia and also protect and promote the rights of the Indonesian workers in Korea.” Speaking at an exclusive interview with The Korea Post media, o

By Special Feature Editor Kim Hyung-daeThe following article is based on an interview with Director Seo Hyo-seok of Pyungkang Korean Medicine Hospital in Seoul.—Ed. From 1901 to date, the number of Nobel Prize winners have exceeded 200 over 120 years. However, atopic, rhinitis and asthma are still i

LG Electronics said on March 9 that it has won a patent infringement lawsuit against TCL Communication Technology Limited and two European affiliated entities.Last week the Mannheim Regional Court in Germany ruled in favor of LG in a lawsuit the company filed against TCL in November 2019.The ruling

Forty Korean startups were selected to participate in 'Amazon Launchpad', a marketing platform for Amazon.com, through the “2021 Korea International Trade Association X Amazon Launchpad Meetup,” the Korea International Trade Association (KITA) announced.Amazon Launchpad is a premium marketing platfo

LG Electronics has expanded the availability of its popular webOS TV platform ecosystem to other TV brand partners, disrupting the status quo in an industry known for its proprietary operating systems across different manufacturers.LG Electronics said on Feb. 24 that LG is expanding its expertise be

Samsung Electronics has achieved the successful development of a new network technology, Mobility Enhancer, which improves beamforming performance of its Massive MIMO radios up to 30 percent in a mobile environment, the company said on Feb. 24.“The new technology will play a crucial role in improvin

Hyundai Motor unveiled its first exclusive electric vehicle brand “Ioniq 5” on Feb. 23 and will begin pre-contracts from Feb. 25.Hyundai Motor Co. hosted the Ioniq 5 World's First Reveal event online. The car name is "Ioniq," a combination of Ion, which generates energy with electrical power, and Un

LR Health & Beauty, a 35 years of heritage German wellness company, will officially launch 12 products in the Korean market for the first time in the Asia-Pacific region in March, the company announced on Feb. 22, 2021. It plans to focus on the 'Aloe' product line representing LR Health & Beauty, co

“Seoul International Sports & Leisure Industry Show 2021 (SPOEX 2021)”, co-hosted by the Korea International Trade Association (KITA) and the Korea Sports Promotion Foundation, opened at COEX, Samseong-dong in Seoul, on Feb. 18.Under the theme of 'SPOEX LOG-in', live on-site broadcasting and live co

The Ministry of Trade, Industry and Energy announced on February 15 that Korea’s automobile output, domestic sales, and exports in January all experienced double-digit increases and went up 24.9 percent, 18.4 percent, and 29.5 percent, respectively.Total automobile output in January by Korean automa