2023 order target

POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, expects its steel mill in the southern port city of Pohang flood...

South Korean conglomerates are increasingly looking overseas as bases of their artificial intelligence research centers to build strong networks wit...

A South Korean instant noodle packet maker has secured a $1 billion deal to supply battery materials to a joint venture between General Motors Co. a...

Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...

The steeper-than-expected decline in the won’s value is posing a grave threat to South Korean companies already struggling with rising inflati...

Korea Advanced Institute of Science and Technology (KAIST), South Korea's most prestigious national research university, and New York University wil...

The Asian Development Bank (ADB) has slashed its 2023 growth outlook for the South Korean economy, citing daunting global risks, as the country is h...

South Korea’s Hyundai Engineering & Construction Co. announced Tuesday it won a 220 billion won ($157 million) deal from Kuwait to add sev...

Global private equity firm Cinven Ltd. has attracted €550 million ($551.3 million) from South Korean institutional investors for its eighth fla...

Naver Corp., South Korea’s online platform giant, is taking on global heavyweights in its aim to lead the international edtech sector, by prov...

South Korea’s Hyundai Engineering & Construction Co. has won a $1.2 billion order from the Philippines to build a railway connecting the c...

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, has inked a formal deal worth $3 billion to export light ...

Hyundai Glovis announced on Wednesday that it received an order worth 2.2 trillion won ($1.6 billion) from a global carmaker, a record-high vehicle ...

Samsung Display Co. is expected to report its strongest results for the current quarter, after the South Korean OLED panel maker sharply increased s...

Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. secured LNG ship orders worth a combined 3.2 trillion won ($2.3 bi...

South Korean shipbuilders yielded their No. 1 position to Chinese rivals in August, according to Clarkson Research on Tuesday, as they shifted towar...

South Korea’s electronics companies are launching tablet PCs with niche targets as the global tablet market has shrunk for four consecutive qu...

South Korea plans to increase its proportion of nuclear power to 33% of the country’s energy generation by 2030, while slashing its proportion...

An international tribunal delivered a ruling in favor of Lone Star on Wednesday over a dispute with South Korea relating to its 3.9 trillion won ($3...

South Korea plans to reduce spending in 2023 for the first time in 13 years by cutting pandemic-era stimulus payments in a move to curb the country&...

Korea Hydro and Nuclear Power Co. (KHNP) has received a 3 trillion won ($2.25 billion) order to construct turbine islands under the El-Dabaa nuclear...

South Korea is planning to set up a new subsidy policy for electric vehicle purchases, which will be commensurate to the EV makers’ after-sale...

Hyundai Motor Co., South Korea’s top automaker, announced on Tuesday that its first fully electric sedan IONIQ 6 is enjoying record pre-orders...

South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...

Major South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) is facing harsh criticism that it has benefited from delaying...

South Korea’s major shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) lost $53 million from a deal to build submarines for Indo...

South Korea's largest cloud computing service provider LG CNS Co. on Tuesday reported double-digit growth in both profit and revenue in the second q...

Gourmands in North America will be able to enjoy South Korean fried chicken more conveniently as BB.Q Chicken, the country’s leading franchise...

NCSOFT Corp., South Korea’s leading games developer, postponed the releases of key games that could attract new users, clouding its business o...

South Korea’s small and mid-sized private equity firms are increasingly postponing fundraising schedules for their project-based funds to the ...