2024 EV of the Year

South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as they hav...

South Korea’s health ministry will allocate 261.6 billion won ($200.2 million) for two funds over the next four years to boost private sector ...

South Korean budget airline T'way Air Co. reported strong earnings as it benefited from its preemptive move of introducing new aircraft to increase ...

South Korea’s second-largest conglomerate SK Group is accelerating its net zero transition with its affiliates agreeing to buy 537 gigawatts h...

South Korea's GC Biopharma Corp. announced on Thursday that its flu vaccine GC Flu secured a $10 million order in the upcoming bid by Thailand's Gov...

Shinsegae Group Vice Chairman Chung Yong-jin has urged the South Korean retail giant to make drastic systems-centered reforms to ensure stable and s...

South Korean startups are accelerating their foray into the Middle East, where oil-rich countries are keen to nurture startups with innovative and d...

South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...

South Korea's Hanwha Systems Co. announced on Wednesday that it plans to launch its own small synthetic aperture radar (SAR) satellite by the end of...

Samsung Electronics Co. will launch low latency wide (LLW) DRAMs next year, designed to improve the power efficiency of artificial intelligence appl...

Samsung Electronics Co. has retained the number one position in global TV market share, hitting a 30% mark in this year's third quarter, marking a p...

South Korea’s LG Energy Solution Ltd. plans to mass-produce mid-nickel, high-voltage lithium batteries as early as next year, one year ahead o...

Corporate governance and management transparency have long been the big issues influencing the so-called Korea Discount, alongside labor strife and ...

South Korea's exports of ramen exceeded 1 trillion won ($780 million) for the first time. Korean ramen is celebrating its 60th anniversary this year...

South Korean private equity firm VIG Partners is enjoying rapid growth of The Skinfactory Co., the maker of local shampoo and body wash brand Kundal...

Hyundai Motor Group expects to achieve record-high sales performance in the UK this year. This is even more significant because the UK is well well-...

Major companies in South Korea, such as affiliates of Samsung, LG and Hyundai Motor Group, are bringing larger amounts of capital back home from abr...

Nitori Co., dubbed Japan's IKEA, is slated to open its first store in South Korea next week, accelerating its Asia-centered expansion push, while su...

Trafigura, a major global commodity trader, is set to invest in a South Korean electric vehicle battery raw materials manufacturer to take advantage...

The first successful case of uterine transplantation surgery in Korea has been reported, with the patient currently preparing for pregnancy. Samsung...

South Korean automaker KG Mobility Corp. said on Friday it had sought to expand strategic cooperation, including entering the Vietnamese market, aft...

Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...

REC Silicon ASA, a US-based polysilicon maker, in which Hanwha Solutions Corp. and its affiliate have a 33% stake, has restarted operations after a ...

Sapeon Inc., a semiconductor startup backed by South Korea’s second-largest conglomerate SK Group, on Thursday unveiled a new artificial intel...

South Korea’s LG Electronics Inc. is readying to enter the US electric vehicle charger market with the launch of EV chargers in the first half...

SK Biopharmaceuticals Co. is gearing up to explore the European market for its flagship epilepsy drug Cenobamate, while looking for new mergers and ...

Investors are experiencing the third “sea change,” facing the Federal Reserve’s rate hikes and its impact on economies and busines...

SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...

London-based global alcoholic beverage company Diageo announced on Wednesday it will open a pop-up store in Garosu-gil,  Sinsa-dong, Gangnam, S...

South Korean memory chipmakers like Samsung Electronics Co. and SK Hynix Inc. have high hopes for fast growth in their high-bandwidth memory (HBM) s...