SK Hynix to build advanced packaging plant in Indiana for $3.9 bn
SK Hynix Inc., the world’s leading high bandwidth memory (HBM) chip producer, will plow in $3.87 billion to build advanced packaging and resea...
Blight of failing e-commerce startups in South Korea
Linkshops, once touted as a future unicorn candidate in South Korea, declared bankruptcy last month even after garnering 15.4 billion won ($11.4 mil...
SK Hynix, TEMC develop industry’s first neon gas recycling technology
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., and its South Korean partner TEMC Co., have jointly ...
Money pours in for technology to reshape Korean restaurants
Investors are betting big on food service technology startups in South Korea as the adoption of self-service systems in the country’s food and...
Nexen Tire partners with San Diego Padres
South Korea's Nexen Tire Corp. announced on Wednesday that it partnered with US Major League Baseball (MLB) team San Diego Padres.The Padres, founde...
STX to supply car CKD to Bangladeshi company
STX Corp., a South Korean general trading company, announced on Monday that it signed a memorandum of understanding (MOU) to supply the complete kno...
Craft beer maker Jeju Beer sells stake to car repair company
South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...
Upstage establishes US subsidiary in Silicon Valley
South Korea's artificial intelligence (AI) startup Upstage announced on Monday that it established the US corporation Upstage AI in Silicon Valley, ...
EverCharge to install EV chargers at Oracle Park
South Korea’s SK E&S Co. announced on Sunday that its US-based electric vehicle (EV) charging subsidiary EverCharge Inc. will install hund...
Samsung to use recycled neon gas in chip manufacturing
Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...
Hanwha seeks further legal action vs HD Hyundai amid Navy project rivalry
Hanwha Ocean Co., the world’s second-largest shipbuilder, is seeking new legal action against HD Hyundai Heavy Industries Co. over the bigger ...
Korean EV battery makers to unveil tech for industry recharge
South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...
HPS, CE-TEK to develop onboard carbon capture system
Hyundai Heavy Industries Power Systems Co. (HPS) will join hands with HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) and CE-TEK Ltd. to...
Kakao Ventures invests in AI optimization startup Omelet
Kakao Ventures Corp. has made an undisclosed amount of seed investment into Omelet, a South Korean early stage startup developing industrial operati...
Kolon Industries, SK Microworks to set up industrial film JV
South Korea’s major chemical materials producer Kolon Industries Inc. will team up with SK Microworks Co. to regain ground in the Chinese film...
Samsung doubles down in HBM race with largest memory
Samsung Electronics Co. has developed the industry’s first 36-gigabyte (GB) 12-layer high-value, high-performance memory chip in a bid to rest...
Kolon Industries upgrades aramid smart factory system
Kolon Industries Inc. has upgraded its smart factory system to ensure its doubled production capacity of super fiber aromatic polyamide fibers (aram...
Hanwha Aerospace, home of Korea’s next-generation space industry
CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry domi...
Hanwha, Saudi gov't to cooperate in defense industry
Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU) for defense cooper...
Samsung’s Lee cleared of charges over Samsung C&T merger
The Seoul Central District Court on Monday acquitted Samsung Electronics Co. Chairman Jay Y. Lee of charges of being involved in illegal activities ...
Korean LPs seek private equity secondaries amid liquidity crunch
Secondary strategy is South Korean institutional investors’ top pick for private equity investments for two straight years, a survey showed. Man...
SGC eTEC, OCIM to co-work for green biz in Malaysia
South Korea’s SGC eTEC E&C Co. said on Thursday that it signed an agreement with OCIM, OCI Holdings Co. 's Malaysian subsidiary, to join...
Korean LPs eye industrial, logistics amid e-commerce growth
Global real estate will be the least-chosen asset class for South Korean institutional investors this year, according to a recent survey. Despite curr...
AliExpress’ zero-commission offer jolts Coupang, Naver
AliExpress, an e-commerce arm of China’s Alibaba Group, has offered Korean companies zero commissions, under which it will not charge a sales ...
S.Korea’s duty-free industry going downhill
The South Korean travel retail industry, once considered the country’s golden goose, is forced to streamline operations given no signs of a dr...
Govenment calls end to Korean financial group heads' long-serving posts
South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...
Korea’s ELS market to stagnate after HSCEI debacle: KOFIA chairman
The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...
Biopharma M&As: Next big thing for South Korean manufacturers
When Orion Corp., known for its signature snack cake Choco-Pie, announced a $415 million deal to acquire biotech startup LegoChem Biosciences Inc. l...
Korean banks flock to Poland, Korean Inc.’s new manufacturing hub
South Korean banks are in a race to advance into Poland to support Korean companies rushing to build factories in the new offshore manufacturing hub...
Tech spies face tougher Korean penalties; 18 years in jail for overseas leaks
South Korea plans to dole out harsher punishments for industrial espionage, with a proposal to triple the penalty for an overseas leak of national t...
