South Korea Business & Industry

Korean business news covering major corporations, industrial sectors, semiconductors, and trade.

Hyundai Motor AVP Chief Calls for 'One Team' Approach to Lead Next-Gen Mobility

Park Min-woo, newly appointed head of Hyundai Motor Group's Advanced Vehicle Platform (AVP) division, emphasized his commitment to "lead next-generation mobility through one-team collaboration." Park...

Published 2026.03.05. 14:08:30 | By Sim Ki-moon

Korea Launches Public-Private Council to Boost SMEs, Startups

The Korean government has launched a public-private policy council bringing together small and medium-sized enterprises, startups, venture companies, ...

Published 2026.03.05. 14:00:05 | By Seok Ryu

Korea to Import 4.71 Million Eggs Amid Bird Flu Outbreak

The South Korean government will import additional fresh eggs as the spread of highly pathogenic avian influenza (AI) is expected to worsen the domest...

Published 2026.03.05. 13:49:36 | By Kim Byung-hoon

Korea Cracks Down on Funeral Industry Kickbacks for First Time

Yangju Korea Hospital Funeral Culture Center has been caught providing 340 million won in kickbacks to mutual aid companies over an extended period in...

Published 2026.03.05. 12:00:05 | By Yunjin Cho

Korea Launches Emergency Export Support for SMEs Amid Middle East Crisis

The Korean government has launched emergency support measures for small and mid-sized exporters struggling with business disruptions caused by the esc...

Published 2026.03.05. 11:02:44 | By Jae-hyun Joo

KITA Signs Startup Platform Partnership with GSMA at MWC

The Korea International Trade Association (KITA) announced on the 5th that it signed a memorandum of understanding (MOU) with the GSM Association (GSM...

Published 2026.03.05. 11:00:05 | By Jung Hye-jin

Hyundai Livart Accelerates Total Interior Solutions Business, Targets Hotel Sector

Hyundai Livart (079430) is accelerating its total interior solutions business by expanding B2B operations into premium commercial spaces including hot...

Published 2026.03.05. 10:43:54 | By Park Woo-in

Neubility Unveils Half-Human, Half-Vehicle Humanoid Robot 'Billy'

Robot service and platform company Neubility announced on the 5th that it has unveiled its humanoid service robot "Billy" for the first time. Neubili...

Published 2026.03.05. 10:31:17 | By Kim Tae-ho

Samsung Galaxy S26 Ultra Wins Best in Show at MWC26

Samsung Electronics' new flagship smartphone Galaxy S26 Ultra won the "Best in Show" award at Mobile World Congress 2026 (MWC26) on March 4 local time...

Published 2026.03.05. 10:26:01 | By Kyungwoo Koo

Samil PwC, KOIIA Launch Executive AI Leadership Program

Samil PwC announced on the 5th that it will jointly launch the "Industrial Intelligence Chief AI Transformation Officer (CAXO) Executive Program" with...

Published 2026.03.05. 09:03:06 | By Jung Sang-hoon

Korea's Tax Agency Unveils 60 AI-Driven Reform Initiatives on 60th Anniversary

The National Tax Service (NTS) unveiled a future blueprint centered on artificial intelligence transformation and support for public livelihoods and e...

Published 2026.03.05. 06:32:20 | By Seo Min-woo

Crit Ventures CEO Tells Seoul National Students: Even Failure Is Valuable

Song Jae-jun, CEO of Crit Ventures, a venture capital firm managing over 300 billion won in assets, visited his alma mater Seoul National University t...

Published 2026.03.05. 06:30:05 | By Kim Tae-ho

Korea Activates Supply Chain Fund as Oil Prices Surge Amid Middle East Tensions

The government has activated its Supply Chain Stabilization Fund to prepare for potential raw material supply disruptions as international oil prices ...

Published 2026.03.05. 06:30:05 | By Lee Jung-hoon

Samsung Wage Talks Collapse as Union Demands Bonus Cap Removal

Wage negotiations between Samsung Electronics and its labor unions have broken down after the company offered a 6.2% pay increase and expanded benefit...

Published 2026.03.05. 06:00:05 | By Kim Yoon-su

Korea to Help SMEs Prepare for EU Supply Chain Due Diligence Rules

The Ministry of SMEs and Startups announced it will recruit companies from May 5 to 26 to participate in the 2026 "Climate Disclosure and Supply Chain...

Published 2026.03.05. 06:00:05 | By Ryu Seok

Twelve Labs Adopts Nvidia Blackwell Ultra B300 via AWS

Global video AI company Twelve Labs announced on the 5th that it has adopted the next-generation AI accelerator "Nvidia Blackwell Ultra B300" through ...

Published 2026.03.05. 06:00:05 | By Kim Ye-sol