Seoul steps up push for Canada submarine contract

South Korea’s industry minister pledged deeper industrial cooperation with Canada as Seoul intensifies its push to win a multibillion-dollar submarine contract, highlighting Korean companies’ track record of delivering on investment and job commitments in the country. Industry Minister Kim Jung-kwan met Canadian Industry Minister Melanie Joly on Thursday to discuss potential collaboration tied to Canada’s submarine procurement program, shortly after a South Korean consortium led by Hanwha Ocean

March 6, 2026

KHNP expands SMR cooperation with Thailand to tap into Southeast Asia

Korea Hydro & Nuclear Power said Friday it had jointly hosted a small modular reactor technology seminar with the Electricity Generating Authority of Thailand in Bangkok on Thursday and Friday, aimed at expanding bilateral cooperation in next-generation nuclear energy. The event was organized as a follow-up to a memorandum of understanding signed in June last year on cooperation in the SMR sector. Around 80 experts from both countries attended the seminar, including officials from Thailand’s Ene

March 6, 2026

Huonslab presents HyDiffuze drug delivery data at US conference

Korean biotech firm Huonslab said Thursday it had presented a preclinical study on its human hyaluronidase platform technology, HyDiffuze, at the annual meeting of the American Society for Clinical Pharmacology and Therapeutics in Denver. The study assessed the applicability of HyDiffuze for monoclonal antibodies and antibody-drug conjugates, or ADCs, to improve subcutaneous drug delivery. Huonslab conducted pharmacokinetic studies using 11 monoclonal antibodies and three ADCs, comparing origina

March 5, 2026

German court sides with Samsung in TCL QLED dispute

A German court has ruled that Chinese electronics maker TCL engaged in misleading advertising by promoting certain televisions as having QLED screens despite lacking meaningful quantum-dot functionality, siding with a complaint filed by Samsung Electronics. According to industry sources Thursday, the Munich Regional Court ordered TCL’s German unit to stop marketing some models — including its QLED870 series — as QLED TVs, finding the advertising violated Germany’s fair competition law. Samsung f

March 5, 2026

LG CNS unveils containerized data center ‘AI Box’

LG CNS said Thursday it will roll out a containerized artificial intelligence data center solution capable of housing hundreds of GPUs in a single unit, as it moves to capture rapidly growing global demand for AI infrastructure. The AI Box system is a modular micro data center designed to house up to 576 GPUs with an IT power capacity of 1.2 megawatts in a single container. By removing the need for a conventional building, LG CNS said the system can be deployed in about six months, compared with

March 5, 2026

SK chief to meet Nvidia CEO at GTC

SK Group Chairman Chey Tae-won will attend Nvidia’s annual technology conference this month, where he is expected to discuss cooperation on AI memory chips with Nvidia CEO Jensen Huang. According to industry sources on Thursday, Chey will travel to San Jose, California, to attend Nvidia GTC 2026, which begins March 16. It will mark the first time the SK chair has attended Nvidia’s flagship developer conference. The anticipated meeting between the two leaders comes after their informal “chicken a

March 5, 2026

[MWC] LG Uplus bets on voice AI for global expansion

LG Uplus CEO Hong Bum-shik pledged to move the company beyond its traditional telecom business and reposition it as a global software player centered on voice artificial intelligence solutions. Speaking Wednesday at a press conference on the sidelines of Mobile World Congress 2026 in Barcelona, Hong said the company aims to transform itself into “an AI-driven software company” that leads the solutionization of telecom and AI technologies. “We will pursue overseas expansion by building on capabil

March 5, 2026

LX International recognized for Philippine mine restoration

LX International said Wednesday it has been formally recognized by the Philippine government for completing environmental rehabilitation at the Rapu-Rapu copper mine, marking a rare case of a mining operator fully restoring a site after closure. The commendation was presented during the Korea-Philippines Business Forum held in Manila. Philippine Environment and Natural Resources Acting Secretary Juan Miguel Cuna handed the award to LX International CEO Koo Hyuk-seo, who attended the event as par

March 5, 2026

Search built Naver. Now AI commerce may define its future

Type “sofa” into Naver’s shopping app these days, and something different happens. Instead of a grid of product listings, an AI agent asks questions. Do you live alone? Do you have pets? It notices browsing patterns suggesting a dog in the household and recommends waterproof fabrics and scratch-resistant materials. Then it proposes a specific product: a three-seat Aquatex sofa from Carrem Furniture, discounted 41 percent to 347,000 won ($235), rated 4.74 stars. Ask it to compare brands, and it i

March 4, 2026

CG Bio ramps up production with new regenerative medicine plant

CG Bio said Wednesday that its second manufacturing facility, Novo Factory, has received final regulatory approval and begun full-scale operations, strengthening the company’s production capacity for regenerative medicine. The new facility will focus on manufacturing Novosis Putty and other orthopedic surgery products, supporting the company’s expansion into advanced markets such as the United States and Japan. While CG Bio’s first plant, S-Campus, specializes in dermal filler production, Novo F

March 4, 2026

LS ramps up rare earth, battery materials value chain

LS Group is expanding its rare earth and battery materials businesses as it seeks to strengthen South Korea’s position in advanced industrial materials and supply chains. With China controlling about 90 percent of global rare earth supply, diversification has become a strategic priority. LS is working to build an integrated value chain covering rare earth oxides, metals and permanent magnets to enhance supply chain resilience. LS Cable & System is pursuing plans to establish a rare earth permane

March 4, 2026

KT shifts 6G focus from speed to AI, satellite integration

KT used Mobile World Congress in Barcelona this week to make one point clear: It sees 6G less as a speed upgrade and more as a strategic reset built around AI and satellite-linked coverage. At a press briefing on Tuesday, the Korean telecom operator said it plans to design 6G as an “intelligent infrastructure” for the artificial intelligence era, focusing on network reliability, automation and wider geographic reach rather than headline download speeds. “6G goes beyond a new radio specification

March 3, 2026

Korean firms evacuate, ships rerouted in Iran War

As US-Israeli strikes on Iran raise fears of a broader regional conflict, South Korean companies are moving quickly to safeguard employees, relocating staff from high-risk areas and activating emergency protocols across the Middle East. Industry officials said Tuesday that Samsung Electronics, LG Electronics and Hyundai Motor Group have evacuated personnel from their Iranian and Israeli offices to nearby countries, including the United Arab Emirates, Egypt and Jordan. Samsung relocated employees

March 3, 2026

The analyst who never sleeps: LG’s AI scans 5,500 US stocks daily

In a traditional equity research team, labor is divided. One analyst dissects corporate filings. Another tracks industry data. Others monitor macro indicators and breaking news. Their views are debated, refined and ultimately distilled into investment calls. But even the most sophisticated teams face hard limits. Coverage typically centers on large-cap stocks. Reports are produced weekly or monthly. Thousands of mid- and small-cap companies remain thinly analyzed. LG AI Research and London Stock

March 3, 2026

AWS deepens AI bet as Korea targets global G3 status

Amazon Web Services Korea is accelerating infrastructure investment this year while expanding into the public sector and advancing agentic AI, aligning its strategy with the government’s ambition to position South Korea among the world’s top three in artificial intelligence. “We will do our utmost to provide greater convenience for customers in Korea and contribute to Korea’s leap toward becoming one of the world’s three leading AI nations, as proposed by President Lee Jae Myung,” AWS Korea coun

March 3, 2026