Samsung, SK Hynix look to China exit plans as growth stunted

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are in quandary over their growth strategies in China fo...

LG Chem supplies RO filters for Chinese lithium extraction project

South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...

CGBio inks export deal for hyaluronic acid fillers with Chinese distributor

CGBio, a South Korean bio-regenerative medical company, has signed an export deal with Shanghai Feiting Trading Co., a Chinese medical device distri...

Will S.Korean games benefit from China’s deregulation?

China is loosening its grip on foreign online games with approvals on 27 titles, raising hopes that South Korean publishers will expand their presen...

Apple Pay to shake up S.Korea's digital payment market

The launch of Apple Pay in South Korea on Tuesday is poised to shake up the country’s digital payment market as the sector leader Samsung Pay ...

Kakao halts its own AI chatbot beta service a day after release

Kakao Corp., South Korea’s platform giant operating the country’s No. 1 chat app KakaoTalk, has introduced its first artificial intell...

S.Korea's FutureChem gets approval for phase 3 clinical trials in China

South Korean radiopharmaceutical development company FutureChem Co. announced on Thursday that China's National Medical Products Administration (NMP...

F&F bets on China's beauty market under MLB brand

F&F Co., a South Korean retailer of Western brands such as Major League Baseball (MLB), has been rapidly penetrating China's cosmetics market, w...

HYBE to buy 2 labels in the Americas after dropping SM bid

HYBE Co., the company behind global sensation BTS, plans to acquire at least two prominent labels in the Americas this year as it aims to become a m...

South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea said on Wednesday it will create the world’s largest semiconductor cluster near Seoul by attracting 340 trillion won ($261 billion...

Hyundai, other Korean steelmakers slim down Chinese units

Hyundai Steel Co. has decided to sell its Beijing arm, worth 400 billion won ($310 million) in asset value, hit by declining sales of its affiliates...

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...

Apple Pay to launch in South Korea on March 21

Apple's mobile payment service, Apple Pay, is set to launch domestically in South Korea on March 21, according to industry sources on Monday.With th...

Kakao, HYBE shares rally on reconciliation but SM shares tank

Investors welcomed the end of a fierce month-long battle between HYBE Co. and Kakao Corp. over control of South Korea’s K-pop pioneer SM Enter...

Hyundai L&C targets China’s interior materials market

Hyundai L&C, a South Korean building materials company under the Hyundai Department Store Group, said on Sunday that it has entered the Chinese ...

Timeline of HYBE's failed bid for SM vs Kakao

(All dates in 2023) -- Jan. 15: Align Partners Capital Management filed proxy litigation against SM Entertainment Co. Founder Lee Soo-man and seven...

HYBE withdraws bid for SM in $1 bn battle with Kakao

South Korea's HYBE Co., the company behind the global sensation BTS, said on Sunday it has decided to pull out of the face-off with Kakao Corp. for ...

Asiana Airline boosts flights to China as demand recovers

Asiana Airlines Inc. said on Thursday that it would increase its flights to China by nearly nine times from this month, aiming to restore half of it...

Will SM shares’ bull run foil Kakao’s takeover attempt?

The bull run in shares of SM Entertainment Co. may deal a heavy blow to Kakao Corp. ’s 1.25-trillion-won ($950 million) takeover bid for the K...

S.Korean fashion brands rush to China for pent-up demand

South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...

Kakao Brain launches web service to turn imagination into images

Kakao Brain, a South Korean artificial intelligence (AI) company owned by Kakao Corp., launched an open beta version of "B^ EDIT," a web service tha...

S.Korea reigned supreme on global shipbuilding market in February

South Korea’s shipbuilding industry has blown away that of China in order volume.Clarkson Research, a British shipbuilding and shipping market...

SK Chemicals buys Chinese supplier’s recycled raw materials, PET unit

South Korea’s SK Chemicals has created a production system for chemically recycled raw materials and PET for about 130 billion won ($100.1 mil...

Kakao to launch takeover bid for SM to counter HYBE

Kakao Corp., South Korea’s dominant mobile platform, will launch a takeover bid for SM Entertainment Co., according to people with knowledge o...

HYBE barely ups SM stake in tender offer amid tensions with Kakao

HYBE Co. has raised its stake in the K-pop pioneer SM Entertainment Co. by merely 0.98% in a tender offer, after just one institution and minority i...

Concerned about CHIPS Act, Korea says US investment less attractive

South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the conditions the US government ...

Apple Pay's S.Korea debut as early as third week in March

Apple Pay, the mobile payment service by iPhone maker, is set to launch in as early as two weeks in South Korea, home to the world’s largest s...

HYBE to raise up to $769 mn, new twist on battle with Kakao for SM

HYBE Co. is tightening the reins in its fight against Kakao Corp. for control of SM Entertainment Co. by raising up to 1 trillion won ($768.6 millio...

HYBE wins 2nd battle against Kakao over SM Entertainment

A South Korean court on Friday ruled in favor of SM Entertainment Co. Founder and former Chief Producer Lee Soo-man to block the company from sellin...

Korea's Incheon Airport celebrates 100 millionth transfer passenger

Incheon International Airport, South Korea’s main air gateway, marked a milestone on Thursday as it welcomed its 100 millionth transfer passen...