CS Wind eyes $2.2 bn sales in 2024 with Bladt
CS Wind Corp., a South Korean wind turbine tower manufacturer, expects its sales next year to double from last year’s to reach about 3 trillio...
K-food, beauty franchise stores set for Laos foray
Laos’ largest private company Kolao Group has attracted about a dozen South Korean franchise operators to join its aggressive push into the So...
Lotte, two SK Group units to join hands for carbon capture
Lotte Chemical Corp., SK Innovation Co. and SK IE Technology Co. (SK IET) have signed a memorandum of understanding (MOU) to make their joint push i...
HDC IPark Mall opens S.Korea's first Nintendo pop-up store
South Korea’s HDC IPark Mall has opened Japanese game giant Nintendo’s first official pop-up store at the Yongsan location in Seoul fr...
Lotte Duty Free focuses energy on stores in Seoul
South Korea’s Lotte Duty Free, which removed its stores from Incheon International Airport in late June, is channeling its energy toward boost...
POSCO Group chief: steel desperately needs corporate solidarity
South Korea’s POSCO Group on Tuesday said its Chairman Choi Jeong-woo presided over the regular meeting of the World Steel Association on Su...
Lotte leads corporate push to raise Korea’s dismal birthrate
South Korea’s dreadfully low birthrate — the world’s lowest — is not just a concern for politicians or government officials....
HD KSOE builds world’s first mid-size ammonia-fueled vessel
South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE), an affiliate of HD Hyundai Group, is building the world's first mid-siz...
LG Chem, GS Caltex form eco-friendly materials alliance
LG Chem Ltd. and GS Caltex Corp. are accelerating their efforts in the eco-friendly bio-material business involving 3-hydroxypropionic acid (3HP). 3...
Kia holds first Global Distributors Convention in 5 years
South Korea's Kia Corp. held a global distributors convention for the first time in five years, sharing medium to long-term business strategies, inc...
Lotte Ventures hosts L-Camp in Tokyo for promising Korean startups
TOKYO – Lotte Ventures Corp., the corporate venture capital (CVC) business unit of South Korea’s Lotte Group, on Thursday hosted L...
Samsung beats Apple, Google to earn title as world’s best employer
Samsung Electronics Co. has retained the world’s best employer title this year for the fourth consecutive year, according to US business magaz...
LG Energy Q3 profit at record high on gains from US battery tax credit
LG Energy Solution Ltd., one of the world’s leading battery makers, said on Wednesday its operating profit soared to a record high in the th...
Hyundai Wia showcases autonomous parking robot
South Korea’s No. 2 automotive parts supplier Hyundai Wia Corp. announced its participation in the country's largest robotics industry exhibit...
Hanwha Group chair calls for startup-like entrepreneurial spirit
South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bold innovations of its...
Lotte Wellfood ups Choco Pie India sales target to $60 mn with new factory
Lotte Wellfood Co., formerly Lotte Confectionery Co., has revised up this year’s Choco Pie sales forecast in India to 80 billion won ($60 mill...
S.Korea’s petrochemical, steel firms open online shopping malls
South Korea’s petrochemical and steel companies, which mainly engage in business-to-business transactions, are opening or running a string o...
Lotte Chemical sells JV stakes in China, eyes other profitable markets
South Korea’s Lotte Chemical Corp. has sold its entire stakes in joint ventures with Chinese partners as the Korean company faces a supply glu...
Lotte Biologics to break ground on 1st local CDMO plant in 2024
South Korea’s Lotte Biologics Co. is set to start building its first local facility for drug manufacturing next year, aiming for 400,000 liter...
Lotte Chilsung secures majority stake in Pepsi Philippines
Lotte Chilsung Beverage Co., a household name in South Korea’s soft drink market, said on Wednesday it has secured management rights of Pepsi-...
SK On named to Fortune’s Change the World list
South Korea’s electric vehicle (EV) battery maker SK On is among innovative companies that have changed the world according to Fortune, a le...
Lotte's chemical units look for talent from US universities
Lotte Group's two chemical units in South Korea searched for talent in US universities.Lotte Chemical Corp. and Lotte Fine Chemical Co. organized ...
SK Tel launches world’s 1st Korean large language model
SK Telecom Co. on Tuesday announced the official launch of the world’s first Korean large language model (LLM) “A.”, or A Dot, whi...
Samsung set to keep supremacy in low power DRAM with game changer
South Korea’s No. 1 memory chip maker Samsung Electronics Co., also the world’s top player, is set to further break away from the pack w...
POSCO, Bartlett to set up grain procurement joint venture
South Korea’s POSCO International Corp. plans to invest in Bartlett and Company’s soybean processing company within the year and set up ...
SKC plans world’s largest biodegradable plastic plant in Vietnam
South Korea’s SKC Ltd., secured an investment registration certificate (IRC) to establish the world’s largest biodegradable plastics m...
Lotte Mall West Lake Hanoi: Litte Korea transplanted in Vietnam
HANOI – On a late summer day in Vo Chi Cong, Tay Ho district, a colossal commercial complex was packed with people wanting to savor all things...
Samsung Heavy develops laser high-speed welding robot for LNG vessels
South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...
Lotte Global Logistics, CoEvolution to develop automatic solutions
South Korea's Lotte Global Logistics announced on Wednesday that it has signed a memorandum of understanding (MOU) for a strategic partnership with ...
SK becomes top shareholder of US contract drug maker CBM
SK Pharmteco Co., a South Korean contract development and manufacturing organization (CDMO), said on Wednesday it has secured management rights of t...
