LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent

LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent

LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billio...

Samsung SDI expands cooperation with EV makers

Samsung SDI expands cooperation with EV makers

Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is expanding cooperation with its customers including General Motors C...

NPS logs 8.6% return on investment as of end-April 2023

NPS logs 8.6% return on investment as of end-April 2023

South Korea’s National Pension Service (NPS) has logged an 8.63% profit in fund management in January-April this year thanks to strong equity ...

Korea’s trade deficit with China runs deep; chip support required

Korea’s trade deficit with China runs deep; chip support required

Just like its neighboring countries in Asia, South Korea’s economic growth has long been swayed by the ups and downs of China, which heavily r...

CJ Logistics to build logistics centers in US with $416 mn investment

CJ Logistics to build logistics centers in US with $416 mn investment

CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an estimated investment of...

Heyday over for Amorepacific, LG Household in China’s beauty market

Heyday over for Amorepacific, LG Household in China’s beauty market

Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...

KOGAS, Vietnamese firms to jointly undertake major infra projects

KOGAS, Vietnamese firms to jointly undertake major infra projects

South Korea's state-run Korea Gas Corp. (KOGAS) has announced a partnership with Vietnamese firms, kickstarting a major infrastructure project follo...

HD KSOE breaks ground on marine engine plant in Saudi Arabia

HD KSOE breaks ground on marine engine plant in Saudi Arabia

HD Korea Shipbuilding & Offshore Engineering (KSOE) said on Sunday its joint venture Makeen has broken ground on a marine engine plant in Saudi ...

US beats China to become S.Korea’s No.1 export destination in 2022

US beats China to become S.Korea’s No.1 export destination in 2022

South Korea last year exported most to the US thanks to brisk sales of the country’s cars in the world’s No. 1 economy, whereas trade wi...

HD Hyundai showcases its future green vessel tech in Vietnam

HD Hyundai showcases its future green vessel tech in Vietnam

South Korea's HD Hyundai Co. on Thursday said its CEO Chung Ki-sun visited the affiliate Hyundai Vietnam Shipbuilding in the central Vietnamese prov...

S.Korean MMORPG 'Lost Ark' to launch in Chinese market

S.Korean MMORPG 'Lost Ark' to launch in Chinese market

"Lost Ark," the popular South Korean MMORPG developed by Smilegate RPG, is set to make its debut in the Chinese gaming market next month. Tencent Ga...

EU’s new battery act comes with caveats; headache for Samsung, Apple

EU’s new battery act comes with caveats; headache for Samsung, Apple

The European Union’s decision to go greener with batteries that cut carbon emissions and promote recycling comes with a few caveats, posing a ...

CJ CGV seeks more fund from parent, stocks at 15-yr low

CJ CGV seeks more fund from parent, stocks at 15-yr low

Shares of CJ CGV Co., South Korea’s top multiplex cinema chain, hit the lowest level since the 2008-09 global financial crisis on Wednesday as...

SK Hynix wins Europe certification for automotive chips

SK Hynix wins Europe certification for automotive chips

SK Hynix Inc., the world's second-largest memory chipmaker, said on Tuesday it has earned international certification for its automotive memory chip...

S.Korea's shipyards get OK from shipping companies to delay vessel delivery

S.Korea's shipyards get OK from shipping companies to delay vessel delivery

South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domest...

Tierone Corp.

Tierone Corp.

Key facts Industry Injection molding & product development consultancy Mainstay products/services Injection molding with QDM, family...

Daehwa Pharm applies for approval of anti-dementia patch in China

Daehwa Pharm applies for approval of anti-dementia patch in China

South Korea's Daehwa Pharm Co. is speeding up its advance into the Chinese market for anti-dementia medicine, applying for sales approval of its pat...

China’s hasty rate cut signals trouble ahead for Asia’s 2023

China’s hasty rate cut signals trouble ahead for Asia’s 2023

Add officials at the People’s Bank of China to the list of those disappointed by China’s post-COVID-19 reopening boom. On June 13, PB...

Hyundai Vietnam Shipbuilding’s cumulative orders near 200 vessels

Hyundai Vietnam Shipbuilding’s cumulative orders near 200 vessels

Hyundai Vietnam Shipbuilding Co., a unit of South Korean shipbuilding, oil refining and machinery conglomerate HD Hyundai, announced on Wednesday th...

Enemies at the door: Copycat Samsung plant in China

Enemies at the door: Copycat Samsung plant in China

As Samsung Electronics Co. endeavors to cement its leadership in the semiconductor market, so its competitors are pulling out all the stops to toppl...

Hanwha Ocean's hiring shows shipbuilding's competition for talent

Hanwha Ocean's hiring shows shipbuilding's competition for talent

South Korea's Hanwha Ocean Co., formerly Daewoo Shipbuilding & Marine Engineering Co. (DSME), is showing the intense hiring battle in shipbuildi...

S.Korean gov’t to showcase domestic fresh eggs in Hong Kong

S.Korean gov’t to showcase domestic fresh eggs in Hong Kong

South Korean Ministry of Agriculture, Food and Rural Affairs and Korea Agro-Fisheries & Food Trade Corporation (aT) announced on Friday that it ...

Samsung unveils 2023 model TV, home appliances in China

Samsung unveils 2023 model TV, home appliances in China

Samsung Electronics Co. announced that it held the 2023 China Tech Seminar in Beijing, China, on Friday, unveiling the new TV and home appliance tec...

US emerges key to Korea’s nuclear power plants exports to Saudi Arabia

US emerges key to Korea’s nuclear power plants exports to Saudi Arabia

Saudi Arabia, which is seeking to build two 1.4 gigawatts (GW) nuclear power plants, is demanding that the US allow uranium enrichment, according to...

HD KSOE secures $938 mn contract for 5 LNG-powered container ships

HD KSOE secures $938 mn contract for 5 LNG-powered container ships

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., said on Thursday that i...

NPS vows to raise alternative investment ratio, cut bond purchases

NPS vows to raise alternative investment ratio, cut bond purchases

South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, plans to raise the ratio of its alternative...

Hyundai Motor builds hydrogen fuel cell factory in China

Hyundai Motor builds hydrogen fuel cell factory in China

Hyundai Motor Group has commenced full-scale production at its hydrogen fuel cell system plant in Guangzhou, marking a key step in its global hydrog...

Air Busan targets record profit with more int’l flights

Air Busan targets record profit with more int’l flights

Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, ...

S.Korean chips’ heavy reliance on China, US poses risk to national economy

S.Korean chips’ heavy reliance on China, US poses risk to national economy

South Korea’s semiconductor industry is more vulnerable to economic and industrial shifts in its key export markets than those of its rivals T...

MBK co-founder meets with Korean CIOs to finance 6th buyout fund

MBK co-founder meets with Korean CIOs to finance 6th buyout fund

Asia’s private equity giant MBK Partners Ltd. is set to accelerate fundraising for its new fund, which is expected to become the firm’s ...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit