Reduced Capability

LG Innotek Co., a leading South Korean electronics parts maker, is for the first time supplying high-performance chip substrates for AI devices to g...

Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...

Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel business unit of South Korea's Dongkuk Steel Group, announced on Wednesday that it op...

POSCO Future M Co., South Korea’s anode materials producer, has completed the international standard verification for the carbon footprint of ...

South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designe...

South Korea plans to accept Indonesia’s request to cut its share of payments for a joint fighter jet development project to one-third of the o...

SK E&S Co., a South Korean liquefied natural gas importer, has built the world’s largest hydrogen liquefaction plant in Incheon, west of S...

South Korea’s top online portal Naver Corp. and Japan’s SoftBank Corp. will kick off talks this week, during which they are expected to ...

South Korea's HD Hyundai Oil Bank Co. and Hyundai Department Store Co. have partnered to create a closed-loop plastic film recycling system, a first...

A joint venture between LG Chem Ltd. and Korea Zinc Inc. is slated to start the mass production of precursor, a key electric vehicle battery materia...

The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...

With Samsung Electronics Co.'s new bespoke AI induction stove, there is no need to keep checking the burner for fear of food boiling over while simm...

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., and its South Korean partner TEMC Co., have jointly ...

South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...

The 2024 São Paulo E-PRIX, the fourth round of the 10th season of the ABB FIA Formula E World Championship, the world's premier electric vehi...

South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., announced on Wednesday that it has begun construct...

Samsung Electronics Co. has reported a decrease in its semiconductor inventory for the first time in 10 quarters, signaling a rebound in the memory ...

South Korea’s LG Uplus Corp. announced on Tuesday that it will introduce the smart customer support solution artificial intelligence (AI) Call...

BMW Korea announced on Tuesday that it unveiled the plug-in hybrid (PHEV) sedan model The New 530e in the domestic market. According to BMW Kor...

LG Electronics Inc. has introduced an artificial intelligence technology for early detection of anomalies in its commercial air conditioning systems...

Dwindling demand for foreign beers and whiskeys in South Korea has led some local liquor importers to let go of some staff, spurring concerns about ...

Sindoh Co., a leading manufacturer of multi-functional printers in South Korea, is set to tap an investment banking expert as its chief executive. W...

South Korea’s Shinsegae Engineering & Construction Co. (Shinsegae E&C) announced on Wednesday that it will sell its leisure unit Jos...

Samsung Electronics Co. announced on Monday that its eight product series in 2024 Neo QLED 4K and 8K, OLED, and The Frame lineups have received th...

South Korea's leading online portal Naver Corp. announced on Friday the addition of Arabic translation capabilities to its AI-driven translation ser...

The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat&nbs...

Hyundai Wia Corp., a South Korean automotive parts manufacturer, said on Wednesday it secured 1.045 trillion won ($781 million) worth of overseas or...

South Korea's POSCO E&C has developed a solution for apartment exterior wall maintenance using drones.The company announced on Tuesday that it h...

South Korea and Indonesia plan to strengthen the collaboration to establish an electric vehicle (EV) battery ecosystem, capitalizing on Indonesia'...

Coworking space provider WeWork Inc. plans to downsize its business in South Korea, according to banking sources on Sunday. Market watchers say inve...