Lotte Data Communication

South Korea's SK Hynix Inc., the world’s top-tier semiconductor manufacturer, unveiled its new solid-state drive (SSD) for data centers on A...

MBK Partners is in the early stages of talks with telecom operator KT Corp. and other potential bidders to sell its majority stake in South Korea's ...

Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...

Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...

Lotte Group will merge its confectionery and foodstuff businesses, South Korea's fourth-largest conglomerate announced Wednesday.Lotte Confectionery...

“The first joint venture with the Seoul National University seal of approval” is how artificial intelligence startup SNUAI Lab Co. des...

South Korea's Lotte Group will build a luxury residential town for retirees in Seoul by 2025 to plunge into the senior housing market.Lotte Hotels a...

South Korean startup Twelve Labs announced Sunday it secured $5 million in a seed round from Index Ventures.On its website, the venture capital firm...

South Korea’s top automaker Hyundai Motor Co. and the country’s No. 1 car rental firm Lotte Rental Co. are advancing into the domestic u...

Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...

Critical data center hubs have emerged in European major cities with dramatic growth in data consumption, and the facilities are rising as promising...

South Korea's Lotte Confectionery Co. has invested around 10 billion won ($8 million) in Canada’s edible insect protein producer Aspire Food G...

Private equity firm Actis LLP has promoted its Seoul office Chief Executive Scott Choi as a partner, the company said on March 7. Choi is the first ...

Lotte Group Chairman Shin Dong-bin is so determined to make the metaverse the group's next playing field that he recently proposed a metaverse meeti...

South Korean petrochemical companies’ stocks rose as investors bought them at a bargain on expectations for Chinese demand recovery despite ri...

South Korea’s Lotte Chemical Corp. plans to develop a decomposable bioplastic material in seawater for production based on petrochemicals for ...

Korea Post will increase its alternative investment from 13.6 trillion won ($11.3 billion) at the end-2021 to 16.7 trillion won ($13.9 billion) in 2...

South Korea’s Lotte Chemical Corp. is set to spend 602 billion won ($501.5 million) in building eco-friendly materials plants at one of its pe...

The US government’s release on Tuesday of its findings on the reasons behind the global chip shortage is raising concerns among chipmakers, wi...

Samsung Engineering Co., Lotte Chemical Corp., and POSCO signed a memorandum of understanding (MoU) with Sarawak Economic Development Corporation (S...

South Korea's Lotte Group has agreed to acquire a 100% stake in Ministop Korea for 313.4 billion won ($263 million), the country's fifth-largest con...

Lotte Group beat its retail rival Shinsegae Group in a competition to buy South Korea’s fifth-largest convenience store chain Ministop Korea. ...

Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Monaco in Chicago for $...

Lotte Group Chairman Shin Dong-bin is known for his obsession with new tech gadgets.He’s one of those early adopters in South Korea of the Ocu...

South Korea’s Lotte Group agreed with the Indonesian government to resume a $3.9 billion petrochemical project in the Southeast Asian country,...

South Korea's two retail heavyweights Lotte and Shinsegae are in head-to-head competition for the country's fifth-largest convenience store chain Mi...

EONE-DIAGNOMICS Genome Center Co. ( EDGC ) announced this week it would participate in AI Human Metaverse Project consortium – along with seven ...

IGIS Asset Management Co. and its venture capital affiliate are slated to invest 10 billion won ($8.3 million) in Kakao Enterprise Corp., an artific...

South Korea’s Hyundai Heavy Industries Group joined forces with US data analytics firm Palantir Technologies Inc. to set up a big data platfor...

MG Korean Federation of Community Credit Cooperatives (KFCC) will gradually increase its alternative investment proportion from the current early 30...