LG Elec’s vehicle systems plants running above full capacity

LG Elec’s vehicle systems plants running above full capacity

LG Electronics Inc.'s automotive electronics production plants have surpassed 100% of their operating rate this year as of the end of September.Acco...

South Korean bio, pharma industry set to take leap

South Korean bio, pharma industry set to take leap

South Korea’s chemical maker LG Chem Ltd. is expected to reap more than 1 trillion won ($768.5 million) in sales this year from its new growth...

Pulmuone expands US fresh noodles plant

Pulmuone expands US fresh noodles plant

South Korea's food company Pulmuone announced on Wednesday it expanded its production line of fresh noodles plant in Gilroy, California, the US.&nbs...

Samsung Elec, Naver tie up for smart building business

Samsung Elec, Naver tie up for smart building business

Samsung Electronics Co., the world’s largest memory chipmaker, and Naver Corp., South Korea’s online giant, have joined hands to develop...

STX to invest in lithium business in Peru, Brazil

STX to invest in lithium business in Peru, Brazil

South Korea’s trading company STX Corp. signed a tripartite agreement with local partners in Peru and Brazil to develop lithium mines and trad...

SK Energy to spin off tank terminal business as new logistics firm

SK Energy to spin off tank terminal business as new logistics firm

SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business t...

Amorepacific's camellia-derived cosmetic ingredients get COSMOS

Amorepacific's camellia-derived cosmetic ingredients get COSMOS

South Korean cosmetics giant Amorepacific Corp. said on Thursday its camellia-derived cosmetic ingredients got COSMetic Organic and natural Standard...

Hyundai E&C to form private-public partnership for US solar power

Hyundai E&C to form private-public partnership for US solar power

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C), Korea Midland Power Co., and the Korea Overseas Infrastructure & Urb...

POSCO Int’l to invest $519 mn in EV parts output expansion

POSCO Int’l to invest $519 mn in EV parts output expansion

POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., plans to spend 680 billion won ($519....

POSCO International wins $761 mn EV parts supply deal from US carmaker

POSCO International wins $761 mn EV parts supply deal from US carmaker

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has won a 1 trill...

Doctornow signs business agreement with Spain’s Mediktor

Doctornow signs business agreement with Spain’s Mediktor

South Korea's medical care startup Doctornow Inc. announced on Wednesday it signed a strategic business agreement with global artificial intelligenc...

LX International to buy Indonesia's PT AKP for nickel mining

LX International to buy Indonesia's PT AKP for nickel mining

LX International Corp., the trading unit of South Korea’s LX Group, said on Tuesday it is slated to acquire a 60% stake in Indonesian miner PT...

Samsung SDI, Volvo Trucks celebrate 5th year of cooperation

Samsung SDI, Volvo Trucks celebrate 5th year of cooperation

South Korea's Samsung SDI Co. and global commercial vehicle manufacturer Volvo Trucks held a commemorative event to discuss the expansion of their p...

The Nature Holdings goes after green fashion with Brompton

The Nature Holdings goes after green fashion with Brompton

Brompton Bicycle will pursue a greener world with sustainable clothing that is stylish but durable alongside its Korean partner The Nature Holdings ...

LS Mtron partners with global agricultural giant CNHi

LS Mtron partners with global agricultural giant CNHi

LS Mtron, the heavy machinery and advanced parts-making unit of South Korea's LS Group said on Tuesday it signed a memorandum of understanding (MOU)...

DGB partners with Vietnamese IT company

DGB partners with Vietnamese IT company

South Korea's DGB Financial Group announced on Monday it signed a business agreement with the global IT company FPT Software at the FPT Group headqu...

Naver posts record Q3 sales, profit on e-commerce

Naver posts record Q3 sales, profit on e-commerce

South Korea’s web portal giant Naver Corp. on Friday posted record sales and operating profit in the third quarter, driven by robust sales gro...

Asiana Airlines to sell cargo business for merger with Korean Air

Asiana Airlines to sell cargo business for merger with Korean Air

Asiana Airlines Inc. on Thursday decided to carve out its lucrative cargo business, clearing a major hurdle to its merger with bigger rival Korean A...

Hyundai Motor Group units’ profits double as Chung enters 4th year

Hyundai Motor Group units’ profits double as Chung enters 4th year

South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chu...

SK Innovation, ENEOS to co-work for low-carbon energy

SK Innovation, ENEOS to co-work for low-carbon energy

SK Innovation Co. said on Wednesday it will bolster its alliance with Japan's largest petroleum refiner ENEOS. This decision builds on their histor...

POSCO International, Lotte Energy in $4.4 bn battery materials supply deal

POSCO International, Lotte Energy in $4.4 bn battery materials supply deal

POSCO International Corp. has signed a 6 trillion won ($4.4 billion) deal to supply raw materials used to make copper foil, a battery component, to ...

HD Hyundai Oilbank secures bio-based material supply network

HD Hyundai Oilbank secures bio-based material supply network

South Korea's HD Hyundai Oilbank announced on Tuesday it signed contracts with Indonesia's Korindo Group and Korea's LX International for the purcha...

S.Korea's SKC to sell fine ceramic business for $270 mn

S.Korea's SKC to sell fine ceramic business for $270 mn

South Korea's SKC Ltd. announced on Tuesday it will sell the fine ceramics business of its subsidiary SK enpulse, a semiconductor materials investme...

Hanwha Ocean taps middle-aged women, robots for ship welding work

Hanwha Ocean taps middle-aged women, robots for ship welding work

GEOJE, Gyeongsang Province – Hanwha Ocean, the world’s No. 2 shipbuilder, is actively embracing middle-aged female workers and robots fo...

Kumho Petrochem, POSCO look to carbon nanotube JV, share swap

Kumho Petrochem, POSCO look to carbon nanotube JV, share swap

South Korea’s Kumho Petrochemical Co. and POSCO International Corp. are considering launching a joint venture to produce carbon nanotubes (CNT...

LG Chem, LX Hausys develop material delaying battery thermal runaway

LG Chem, LX Hausys develop material delaying battery thermal runaway

South Korea’s LG Chem Ltd. and its spinoff LX Hausys Ltd. have jointly developed a material that delays the thermal runaway of electric vehicl...

LG Elec’s automotive business logs record quarterly profit

LG Elec’s automotive business logs record quarterly profit

LG Electronics Inc., the leading global home appliance maker, said its automotive division enjoyed all-time high quarterly profit in the most recent...

NS Shopping to support partner's Indonesian export

NS Shopping to support partner's Indonesian export

South Korean online shopping mall operator NS Shopping Co. announced on Friday it will support the overseas expansion of its partner, Taeyoung.Taeyo...

Hanjin opens representative office in Mongolia

Hanjin opens representative office in Mongolia

South Korea's Hanjin Transportation announced on Friday it has opened a representative office in Ulaanbaatar, Mongolia, to expand its logistics hu...

Samsung Biologics eyes new drugmaker acquisitions

Samsung Biologics eyes new drugmaker acquisitions

BARCELONA -- Samsung Biologics Co., the world’s top contract manufacturing organization by capacity, is looking for acquisitions of new drugma...

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