Level 4 autonomous driving

South Korea's largest car rental and auto leasing company Lotte Rental Co. is set to invest 25 billion won ($21.8 million) in a domestic autonomous ...

The share price of South Korea's SK Innovation Co. has extended losses following its confirmation on Tuesday of the battery business splif-off plan,...

South Korea-based Daewoong Pharmaceutical Co. is hoping to achieve 5 trillion won ($4.4 billion) in sales by 2027, meaning that the company aims to ...

Korea’s major game developer Krafton Inc’s much-anticipated IPO subscription has closed by only drawing a muted response from investors....

Samsung Electronics Co.’s latest strategic focus is setting up its own ecosystem of devices ranging from mobile phones, home appliances to TVs...

South Korea’s pension funds are increasing co-investment as the COVID-19 is prolonged. They are attempting to solve difficulties in overseas d...

South Korea’s exports hit a record high in July on strong shipments of both main products such as cars and chips, as well as new growth ones i...

Lotte Group plans to resume a $4.4 billion petrochemical project in Indonesia next year as it aims to expand the business in Southeast Asia where de...

South Korean game company Nexon’s founder Kim Jung-ju has resigned from the chief executive position at NXC Corp., the holding company of Nexo...

OCI Co., a South Korean chemical and green energy company, on Wednesday reported that its quarterly profit has risen to the highest level in a decad...

South Korea’s Samsung Biologics Co. posted its highest quarterly revenue and operating profit, thanks largely to a number of long-term manufac...

The COVID-19 pandemic has shaken up the list of Korea’s richest people in terms of stocks held. Among the 20 richest share owners in Korea as ...

South Korea’s top tire manufacturer Hankook Tire & Technology has again widened its client pool of electric vehicles (EVs). The company sa...

South Korea’s major companies are rushing to secure cash to fund new business. Some have sold or securitized property, while others issued n...

BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired a 100% equity stake in Korea Renewable Energy ...

The National Pension Service (NPS) has revised internal regulations to authorize its working-level officials to proceed with deals worth less than $...

Ssangyong Motor Co., the debt-ridden South Korean unit of India’s Mahindra and Mahindra Ltd. now in court receivership, has decided to sell it...

South Korea’s SK Hynix Inc. has clinched a surprise second spot in the world’s NAND flash market for smartphones. According to the marke...

The rise of the platform economy is a global phenomenon. The spread of the coronavirus pandemic has accelerated the use of contactless technology an...

Samsung Electronics Co. said its operating profit in the second quarter likely surged more than 50%, beating market expectations, thanks to its heal...

Micro-fulfillment is on everyone’s lips these days, or so it seems, as retailers compete to drastically slash delivery times for online orders...

KakaoBank Corp., the mobile banking unit of online messaging app giant Kakao Corp., is looking to raise as much as 2.55 trillion won ($2.26 billion)...

The world’s fifth-largest tobacco maker KT&G Corporation is rapidly widening the global reach of its e-cigarette products, which have beco...

Hyundai Motor Co. is offering a unique driving experience for its high-performance brand, N Line, in a metaverse world created on Zepeto. Zepeto is ...

A self-driving car needs to pass all sorts of tests before setting off for the open road. It needs to experience different types of roads, terrain f...

Hyundai Motor Co. said on Monday it is shifting its business focus toward smart mobility from brick-and-mortar carmaking following its acquisition l...

South Korea's Samsung Asset Management Co. has participated in a $12.4 billion acquisition of a 49% stake in Aramco Oil Pipelines Co., a unit of Sau...

South Korean institutional investors, including the Public Officials Benefit Association (POBA) and Yellow Umbrella Mutual Aid Fund, emerged as the ...

Imagine getting this text from your favorite K-pop group member: “Hey, what did you eat for lunch? Can’t wait to see you at the concert ...

Hyundai Motor Group Chairman Chung Euisun is in the United States seeking business opportunities in one of the South Korean automotive group’s...