Basic Plan for Long-Term Electricity Supply and Demand

South Korea's Naver Corp. said on Monday it will recruit 500 creators for Clip in the first half of 2025, the company's short-form platform from Dec...

South Korea's POSCO Pilbara Lithium Solution Co., a subsidiary of POSCO Group, said on Friday the completion of its second rock-based lithium hydrox...

Rebellions Inc., a South Korean artificial intelligence chip design startup, officially merged with Sapeon Korea to form the first domestic AI chi...

STX Corp., a South Korean general trading company, said on Monday it signed a contract with  Fábrica de Armas y Municiones del Ejé...

Korean Air Lines Co.'s anticipated acquisition of Asiana Airlines Inc. is expected to spur domestic budget carriers to seek mergers, with the two do...

Hyundai Motor Co. said on Tuesday that it plans to invest $479 million in Malaysia over five years, starting in 2025.The South Korean automaker stat...

South Korea's Samsung C&T Corp. and LS Electric Co. signed a memorandum of understanding (MOU) on Monday to expand solar power projects in the U...

South Korean companies with top-notch credit ratings such as SK Telecom Co. and KT Corp. are returning to the long-term bond market amid growing int...

South Korea's POSCO International Corp. said on Monday it has begun commissioning its first gas processing facility at Senex Energy’s Atlas ...

LS Electric Co., a South Korean industrial energy facility and systems supplier, is expected to sign a 500 billion won ($358 million) deal with a GE...

Lotte Group on Thursday denied liquidity crisis rumors sparked by Lotte Chemical Corp.'s struggle to meet a bond redemption request after the South ...

LG Group affiliates— LG Display Co., LG Innotek, LG Chem Ltd., and LG Energy Solution Ltd. —unveiled their ambitious growth strategies o...

South Korean private equity firms (PEF) Corstone Asia and Q Capital Partners plan to sell Norang Tongdak, the Korean-style fried chicken franchise.&...

South Korea’s LG Innotek Co., a major contractor for Apple Inc., said on Thursday it plans to spend 375.9 billion won ($268.4 million) next ye...

LOS ANGELES -- Hyundai Motor Co. on Wednesday unveiled the IONIQ 9 with a plan to produce the leading South Korean automaker’s first large ele...

South Korea’s Hanmi Pharmaceutical Co. announced on Thursday the launch of its anti-obesity drug candidate efpeglenatide has been rescheduled ...

Hyosung Chemical Corp. has failed to reach an agreement with a consortium of IMM Private Equity and STIC Investments Inc. to sell its specialty gas ...

South Korea’s top chemicals maker LG Chem Ltd. said on Thursday it has signed an initial agreement to secure a key battery material from US mu...

Hyundai Motor Co. and Kia Corp. said on Wednesday that Hyundai's electric compact sport utility vehicle (SUV) Kona EV and Kia's mid-size SUV Telluri...

South Korea's Samsung Electro-Mechanics said on Wednesday it obtained Automotive SPICE (A-SPICE) Level 3 certification for its vehicle camera modu...

POSCO, the world’s seventh-largest steelmaker, said on Tuesday it has shut down a wire rod mill in South Korea as rising exports from China ha...

Samsung Electronics Co. and SK Hynix Inc. are said to each be developing a sixth-generation high-bandwidth memory (HBM4) chip prototype for Tesla In...

South Korea's Hyundai Rotem Co. said on Monday it signed an agreement with the Peruvian Army to supply K2 main battle tanks, armored vehicles, and o...

South Korea’s LG Energy Solution Ltd. said on Monday it has signed an initial agreement to supply cylindrical battery cells to Bear Robotics I...

Korea Zinc Inc. Chair Choi Yun-birm said on Sunday he has a strategy for defending management control of the world’s top zinc and lead smelter...

WASHINGTON/SEOUL — US President-elect Donald Trump’s transition team is seeking to eliminate federal incentives for electric vehicles, d...

Hyundai Motor Co. 's IONIQ 9 and Kia Corp. 's EV9 GT were selected as America’s Most Anticipated New Vehicles 2025 by Newsweek. This is t...

HD Hyundai Co., the holding company of South Korea’s No. 1 shipbuilding conglomerate, on Thursday shuffled its top management. In it, Vice Cha...

Kia Corp., South Korea’s second-largest automaker, said on Thursday it signed a memorandum of understanding (MOU) to supply its purpose-built ...

South Korea’s online food delivery market is poised to hit record-high transactions in 2024 as lower fees triggered by Coupang Eats’ fre...