SGC eTEC E&C completes chip packaging plant in Vietnam

SGC eTEC E&C completes chip packaging plant in Vietnam

South Korea's SGC eTEC E&C Co. on Thursday announced the completion of a cutting-edge semiconductor packaging facility in Vietnam's Yen Phong 2C...

KT&G breaks ground on new plant in Kazakhstan

KT&G breaks ground on new plant in Kazakhstan

South Korea's KT&G Corp., the world’s fifth-largest tobacco maker, announced on Thursday the commencement of its new factory's constructio...

Hyundai, Iveco solidify partnership with E-WAY H2 hydrogen fuel cell bus

Hyundai, Iveco solidify partnership with E-WAY H2 hydrogen fuel cell bus

South Korea’s top automaker Hyundai Motor Co. and Italian truck maker Iveco Group N.V. have consolidated their business partnership through th...

BMW premieres new 5 Series in Korea, the model’s top market

BMW premieres new 5 Series in Korea, the model’s top market

German carmaker BMW Group on Thursday premiered its latest 5 Series premium sedan in South Korea, an indication of the growing importance of the Asi...

SK E&S, Honeywell UOP to capture carbon from LNG plants

SK E&S, Honeywell UOP to capture carbon from LNG plants

SK E&S Co., a clean energy unit of South Korea’s No. 2 conglomerate SK Group, and Honeywell UOP, a US major refining and petrochemical tec...

Hyundai E&C, Naver Cloud to develop futuristic healthy housing model

Hyundai E&C, Naver Cloud to develop futuristic healthy housing model

South Korea's Hyundai Engineering & Construction (E&C) on Thursday announced its signing of a deal with Naver Cloud on cooperation in the de...

Live commerce app Grip aims to expand into Japan, US in 2024

Live commerce app Grip aims to expand into Japan, US in 2024

Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the...

Shinsegae axes E-Mart, department store CEOs amid weak sales

Shinsegae axes E-Mart, department store CEOs amid weak sales

South Korea’s retail giant Shinsegae Inc. on Wednesday carried out one of its most drastic executive reshuffles, replacing chief executives of...

Korean B2B cloud computing firm BusinessOn up for sale

Korean B2B cloud computing firm BusinessOn up for sale

BusinessOn Communication Co., a leading cloud computing firm listed on the junior bourse Kosdaq, is open to a sale of its controlling stake for arou...

Hyundai E&C seeks expansion to Poland, Ukraine

Hyundai E&C seeks expansion to Poland, Ukraine

South Korea's Hyundai Engineering & Construction (E&C) will open a branch in Warsaw, Poland, to join a project to build small modular reacto...

NHN Commerce to expand into Chinese market with Xinxuan

NHN Commerce to expand into Chinese market with Xinxuan

NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with China's leadi...

Hyundai E&C, Poland bolster partnerships in nuclear power

Hyundai E&C, Poland bolster partnerships in nuclear power

Hyundai Engineering & Construction Co., a major affiliate of South Korean automaker Hyundai Motor Co., is boosting its networks in the nuclear p...

Lotte Mart at Seoul Station redesigned to lure foreign shoppers

Lotte Mart at Seoul Station redesigned to lure foreign shoppers

South Korea’s Lotte Mart reopened its hypermarket at Seoul train station on Thursday following a four-month renovation to attract more foreign...

New Mercedes E-Class, world’s first to use LG’s SPM display  

New Mercedes E-Class, world’s first to use LG’s SPM display  

LG Display Co., the world’s leading organic light-emitting diode (OLED) panel maker seeking to cement its market leadership, is supplying its ...

Upstage to develop shopping-specific AI with ConnectWave

Upstage to develop shopping-specific AI with ConnectWave

South Korea’s artificial intelligence (AI) startup Upstage on Monday said it will develop a shopping-specific AI service with domestic online ...

SK E&S signs PPA agreement with Iljin Group affiliates

SK E&S signs PPA agreement with Iljin Group affiliates

South Korea's SK E&S announced on Friday that it has entered into a direct power purchase agreement (PPA) with Iljin Global and Bearing Art, bot...

S.Korea to receive $1 bn in unpaid bills from Uzbek gas project

S.Korea to receive $1 bn in unpaid bills from Uzbek gas project

South Korean firms are poised to receive $1 billion in unpaid bill that has accumulated since 2017 from Uzbekistan’s Surgil gas project as the...

E-Mart opens 4th Korean hypermarket in Ulaanbaatar

E-Mart opens 4th Korean hypermarket in Ulaanbaatar

South Korea’s top supermarket chain E-Mart Inc. launched its fourth hypermarket in Ulaanbaatar on Thursday with a stronger push for Korean bra...

S.Korea woos Chinese visitors via temporary e-visa fee exemption

S.Korea woos Chinese visitors via temporary e-visa fee exemption

South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...

Hyundai Engineering to produce offshore wind power on Chuja Islands

Hyundai Engineering to produce offshore wind power on Chuja Islands

South Korea’s Hyundai Engineering on Thursday said it signed the day before a memorandum of understanding with Equinor Korea, LG Chem Ltd., PO...

Samsung Electro-Mechanics suffers cut in Q3 earnings estimate

Samsung Electro-Mechanics suffers cut in Q3 earnings estimate

South Korea's Kiwoom Securities on Tuesday said it cut its third-quarter earnings forecast for Samsung Electro-Mechanics due to continued sluggish...

Hyundai E&C ranks 11th on global construction market

Hyundai E&C ranks 11th on global construction market

South Korea’s Hyundai Engineering & Construction on Tuesday said it ranks 11th in the world in overseas sales in the annual rankings of ...

E-Mart24 pilot-operates drone delivery

E-Mart24 pilot-operates drone delivery

South Korea's convenience store chain E-Mart24 Inc. is launching a commercial drone delivery service in Gimcheon, North Gyeongsang Province. This se...

E-Mart to open 1st S.Korean convenience store in Cambodia

E-Mart to open 1st S.Korean convenience store in Cambodia

E-Mart Inc. is set to launch the first South Korean convenience store in Cambodia as the struggling hypermarket giant aims to seek growth opportunit...

POSCO E&C to build offshore wind power plant with Norwegian firm

POSCO E&C to build offshore wind power plant with Norwegian firm

South Korea’s POSCO E&C, formerly POSCO Engineering and Construction, and a Norwegian company are promoting the Ulsan Firefly project, the...

POSCO E&C, LG to develop customized home appliances for remodeling

POSCO E&C, LG to develop customized home appliances for remodeling

South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperat...

LG Innotek inks renewable energy deal with SK E&S

LG Innotek inks renewable energy deal with SK E&S

South Korea's LG Innotek Co. announced on Wednesday that it has entered into a 20-year power purchase agreement (PPA) with a domestic energy company...

LS e-Mobility to supply $187 million in EV parts to Hyundai Motor, Kia

LS e-Mobility to supply $187 million in EV parts to Hyundai Motor, Kia

LS e-Mobility Solutions Co., a power transmission parts maker, has won a 250 billion won ($187 million) deal to supply electric vehicle (EV) parts...

SK E&S' low-carbon LNG project enjoys tailwind in Australia

SK E&S' low-carbon LNG project enjoys tailwind in Australia

DARWIN, Australia -- Darwin, Australia's northernmost port city, lies at the crossroads of the Pacific and Indian Oceans. With a tropical climate of...

Team Korea lands $447 mn solar power project in US

Team Korea lands $447 mn solar power project in US

A group of six South Korean companies dubbed "Team Korea," which comprises private companies such as SK Ecoplant, public companies and a government ...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal