Local Manufacturing Capacity

Studio Dragon Corp., South Korea’s leading drama production house, spent 26 billion won ($18.5 million) on Vincenzo, aired in 2021, and receiv...

South Korea’s Hyundai Engineering & Construction Co. announced Tuesday it won a 220 billion won ($157 million) deal from Kuwait to add sev...

South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...

South Korea’s SG Private Equity is set to acquire local industrial gas supplier Hankook Special Gases Co. for a deal in the early 100 billion ...

South Korea’s manufacturing industry accelerated its job growth in August to post its biggest monthly increase in almost a decade, driven by r...

ANAHEIM, California -- The Walt Disney Co. is concentrating on local content to attract more viewers worldwide for its streaming services through do...

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, said on Thursday it is aiming to power its entire operations wit...

SK Group, South Korea’s second-largest conglomerate after Samsung, will funnel 67 trillion won ($48 billion), or about 40% of its 2022-2026 do...

LG Group affiliates, notably LG Electronics Inc. and LG Uplus Corp., are entering the electric vehicle (EV) charging business in full force. In...

Shares of Husteel, the only public company within the golf course giant Shinan Group, have doubled in price in the last three months. Industry ...

Global private equity giants Kohlberg Kravis Roberts & Co. (KKR) and Macquarie Asset Management are among the preliminary bidders for shares wor...

A South Korean private equity consortium has acquired Daehan Shipbuilding Co., a small-size oil tanker manufacturer, for around 200 billion won ($15...

LG Chem Ltd., South Korea’s chemicals giant, is set to build the world’s largest single-line carbon nanotube (CNT) manufacturing plant i...

Smartphone parts suppliers to Samsung Electronics Co. are running their plants at full capacity as the South Korean tech giant’s latest fold...

South Korea’s Samsung C&T Corp. is set to build solar power plants worth 800 billion won ($595.2 million) in Qatar, helping the Middle Eas...

SK Geo Centric Co. and Saudi Basic Industries Corp. (SABIC) have agreed to co-invest 200 billion won ($150 million) to increase their production of ...

Tesla Inc. and other US electric vehicle makers are enjoying strong sales in South Korea thanks to government subsidies while the revised US EV tax ...

“Even though different countries have varying living conditions, we all share the common goal of decorating our spaces,” Jay Lee, CEO of...

Samsung Electronics Co., the world’s top memory chipmaker, is seeking unmanned factories in a move that other major South Korean manufacturers...

KT Cloud Corp., a unit of South Korea’s telecom giant KT Corp., plans to spend up to 2 trillion won ($1.5 billion) over the next three years t...

Starbucks Korea issued a public apology on Thursday regarding the recent allegations over its line of summer travel bags containing a toxic chemical...

LG Display Co., South Korea’s major display maker, is set to pull out of the liquid crystal display (LCD) TV panel business for domestic use. ...

South Korean nonferrous metals conglomerate Poongsan Corp. announced it will invest 313 billion won ($238 million) in facilities to manufacture rech...

LG Energy Solution Ltd., SK Innovation Co., and other South Korean companies are poised to strengthen their business ties with Michigan-based Ford M...

South Korea’s leading cloud computing and software services providers are slated to join forces to launch a service for smart working in Korea...

Samsung Biologics Co., the world’s largest contract drugmaker, plans to double its manufacturing capacity by building four additional plants w...

KB Investment Co., a venture capital arm of KB Financial Group, is seeking to raise more than 200 billion won ($150 million) in its second global fu...

South Korean entertainment powerhouse CJ ENM Co.'s over-the-top streaming platform TVing is set to merge with its local rival Seezn, run by tel...

South Korean manufacturers are importing even more key industrial raw materials from China, deepening concerns over the dependence of Asia’s f...

A selloff in risk assets in South Korea is intensifying as foreigners turned net sellers of Korean bonds for the first time in 18 months in June whi...