NCSoft targets W5tr in revenue by 2030

NCSoft said Thursday it aims to achieve 5 trillion won ($3.4 billion) in annual revenue by 2030, outlining the goal during its 2026 Management Strategy Briefing held at the company’s R&D Center in Pangyo, Seongnam. The game developer presented three core growth strategies: expanding its legacy intellectual property, developing new IPs and growing its mobile casual gaming business, while continuing to strengthen major franchises including Lineage, Aion, Guild Wars 2 and Blade & Soul. To secure ne

March 12, 2026

Huons wins IND approval for Phase 2 dry eye drug trial

Huons, a South Korean pharmaceutical company specializing in ophthalmic and injectable medicines, said Thursday it has received Investigational New Drug approval from the Ministry of Food and Drug Safety to begin a Phase 2 clinical trial of its dry eye treatment candidate. HUC1-394 is a peptide-based ophthalmic solution licensed from Novacell Technology. The drug selectively binds to Formyl Peptide Receptor 2 (FPR2) — a receptor involved in the body’s natural resolution of inflammation — activat

March 12, 2026

Taihan Cable breaks ground on Vietnam UHV cable plant

Taihan Cable & Solution said Thursday its Vietnamese subsidiary, Taihan Cable Vina, has begun construction of an ultrahigh voltage cable plant in southern Vietnam, marking the company’s first overseas facility dedicated to 400-kilovolt-class cables. The project is part of the Korean cable maker’s strategy to expand its global manufacturing network and meet rising demand for power grid infrastructure worldwide. The new facility will be built on a 56,200-square-meter site within the Long Thanh Ind

March 12, 2026

Starbucks taps Seoul flavors

Starbucks Korea said Thursday it will introduce Seoul-themed beverages — Seoul Makgeolli Cold Brew and Seoul Sunset Omija Fizzio — at 100 stores across Seoul starting Monday. The drinks reinterpret traditional Korean elements, including the aroma of makgeolli, a traditional Korean rice wine, and the sunset over palace ponds. The rollout will begin at stores in major tourist districts such as Myeong-dong, Gwanghwamun and Gangnam, as the number of foreign visitors to Korea reached a record 18.7 mi

March 12, 2026

Musinsa Standard global sales jump 162% on overseas demand

Korean fashion platform Musinsa said Wednesday its casualwear brand Musinsa Standard is rapidly expanding its overseas customer base, driven by surging global sales. According to the company’s analysis of online and offline transactions last year, sales on Musinsa’s global platforms operating across 13 regions rose 162 percent in 2025 from a year earlier, highlighting strong international demand for the brand. Foreign customers also drove significant spending at the brand’s offline stores in Kor

March 11, 2026

Medicube to sponsor Coachella in first for Korean beauty

Korean beauty company APR said Tuesday its flagship brand Medicube will participate as an official sponsor of the Coachella Valley Music and Arts Festival, aiming to strengthen its global presence and promote K-beauty to international audiences. Medicube will operate a brand booth at the festival, which runs in California from April 10 to 19. APR will sponsor the skincare and beauty device category, marking the first time a Korean beauty company has joined the globally renowned music festival in

March 11, 2026

LS Eco Energy secures first cable supply contract in Japan

LS Eco Energy said Tuesday its Vietnamese subsidiary LS-VINA has signed an annual supply contract for 6.6-kilovolt CVT distribution cables with Kitanihon Electric Wire, marking the company’s first entry into Japan’s power infrastructure market. Kitanihon Electric Wire is a subsidiary of Tohoku Electric Power and supplies distribution cables to major electric utilities in Japan. Japan’s power infrastructure market is widely considered difficult to enter due to its unique technical standards and s

March 10, 2026

Innometry to unveil next-generation inspection solutions at InterBattery

Innometry said Tuesday it will participate in InterBattery 2026, set to be held at Coex in Seoul this week, where it will showcase next-generation nondestructive inspection technologies for secondary batteries and other advanced industries. At the exhibition, the company will operate a booth highlighting its core technologies based on X-ray and 3D CT solutions. Innometry will divide its showcase into two sectors — secondary batteries and advanced industries — presenting inspection technologies t

March 10, 2026

CJ Olive Young takes K-beauty festival global

CJ Olive Young said Tuesday it would expand its signature beauty event, Olive Young Festa, to global markets this year, holding events sequentially in Japan and the United States. Launched as Korea’s first large-scale beauty festival, Olive Young Festa has served as an experiential platform where participating brands introduce their products directly to consumers, leveraging Olive Young’s product curation and beauty trend insights. This year’s Olive Young Festa 2026 will retain the event’s origi

March 10, 2026

JungKwanJang showcases Korean red ginseng at Expo West

Korea Ginseng Corp. said Monday that its flagship brand JungKwanJang showcased the value of Korean red ginseng to global visitors at Natural Products Expo West, held March 4-6 in Anaheim, California. The event, one of the world’s largest natural food exhibitions, brought together about 3,000 food and beverage companies from 130 countries and more than 60,000 industry professionals. It serves as a key global platform for identifying emerging trends in the food and wellness industries. JungKwanJan

March 9, 2026