11 core industrial areas

The South Korean government will invest 185 billion won ($139.6 million) by 2030 in the development of technology for carbon composite materials, wh...

South Korea's Hyundai Heavy Industries Group has created the position of chief artificial intelligence (AI) officer (CAIO) to propel a major busines...

Nexen Tire Corp. on Monday said it developed technology for road surface detection and analysis of tire braking distance using artificial intelligen...

South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the industrial film business ...

LS Mtron, the industrial machinery and core component arm of Korea's LS Group, on Monday said it concluded a contract worth 500 billion won ($387.4 ...

Korea's exports of agricultural and food products in the first 11 months of this year hit a record high.The Ministry of Agriculture, Food and Rural ...

Industrial Bank of Korea (IBK) on Friday launched the IBK Venture Loan, which provides bridge loans to promising startups struggling to borrow funds...

South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its eighth day on Thursday, disrupt...

Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...

SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is taking preemptive steps to expand its eco-friendly busin...

Coupang Inc. is poised to invest in the automation transformation of its logistics system, according to industry insiders. Headquartered in Seo...

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...

Seoul has become the top destination for Japanese tourists for the first time since 2011, according to Japan’s leading travel agency HIS Gro...

A groundbreaking ceremony was held Friday for Vietnam's first Korean-style industrial complex, to be built in the country's northern Hung Yen Provin...

Hyundai Engineering & Construction said on Thursday it has installed children's playground equipment it made using 3D printing technology at Hil...

Samsung Electronics Co., the world’s largest memory chipmaker, will make semiconductors with the industry’s most advanced 3-nanometer pr...

Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...

South Korea and the US are looking to create a green cargo shipping corridor linking the port of Busan with the ports of Seattle and Tacoma as part ...

South Korea's oil refining and energy giant GS Caltex has teamed up with leading domestic companies in their respective fields to enter the carbon c...

The global semiconductor industry has been plagued by a chip shortage for a couple of years with automakers and other manufacturers struggling to se...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will approve the much-touted 8 trillion won ($6 billion) Shaheen project to expand its ...

South Korean logistics startup VtoV, the operator of optimized delivery service To-Day, raised 9.5 billion won ($7.2 million) from a Series A round....

South Korea’s job growth in October fell for a fifth consecutive month to the lowest in eleven months, boosting concerns over a slowdown in As...

South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...

South Korea's Walkerhill Hotels and Resorts, run by SK Networks, has returned to the black after two years and nine months thanks to growth in the n...

Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass producing its latest NAND chip, which features the industry&rsqu...

South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...

Several corporations have recently sold stocks and real estate apparently to boost liquidity and repay maturing debts amid the "three high" era of h...

Korea's seafood giant Dongwon Industries on Wednesday said its completed merger with Dongwon Enterprise has given their parent Dongwon Group a new h...