Hyundai E&C ranks 11th on global construction market

South Korea’s Hyundai Engineering & Construction on Tuesday said it ranks 11th in the world in overseas sales in the annual rankings of ...

K-pop rookies, fresh boost for Korean entertainment stocks

South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...

SK Chemicals wins APR certification for five recyclable materials

South Korea's SK Chemicals announced on Tuesday that five of its recyclable materials, which are used for packaging in the cosmetic, food, and bever...

DGB Fin to set up asset management firm in Singapore

South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...

Cuckoo Electronics' duty-free sales in July surge by 592%

South Korea's Cuckoo Electronics Co. announced on Friday that its duty-free sales in July increased by 592.6% compared to the same period last year,...

SK Hynix leads DRAM industry’s Q2 revenue rebound, retakes No. 2 spot

SK Hynix Inc. saw its DRAM chip shipments significantly increase in the second quarter, leading the industry’s overall revenue rebound, market...

LG Group accelerates shift toward AI, bio and clean tech

Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...

SK Bioscience resumes output of flu vaccine after two years

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, on Wednesday shipped SKYCellflu, its vaccine for the common flu, for the fi...

Hanwha Ocean to raise $1.5 bn to boost warship business

South Korea's Hanwha Ocean Co. will secure 2 trillion won ($1.5 billion) in fresh capital through rights issues, the company said on Wednesday, as t...

SK Telecom to enter generative AI market with large language model

SK Telecom announced on Wednesday that it will provide tailored generative AI services to businesses and public agencies using various advanced arti...

SK Enmove partners with Dell, GRC for data center coolant business

South Korea’s lube oil maker SK Enmove Co. has partnered with US computer maker Dell Technologies Inc. and data center cooling system provider...

Lotte’s intra-group merger, business integration fare well

Lotte Mart and Lotte Super are leading Lotte Group’s efforts to streamline the overlapping businesses of its units. Their second-quarter resul...

LG Innotek inks renewable energy deal with SK E&S

South Korea's LG Innotek Co. announced on Wednesday that it has entered into a 20-year power purchase agreement (PPA) with a domestic energy company...

DongKoo Bio & Pharma to enter Philippine healthcare market

South Korea’s DongKoo Bio & Pharma Co. on Tuesday said it signed a memorandum of understanding with the Philippine healthcare group Adizat...

Korea’s business lobby group FKI goes down in history in disgrace

The Federation of Korean Industries (FKI), the voice of the conglomerates that formed the engine of the South Korean economy for more than five deca...

SK Group to pursue employee-led ‘deep change’

SK Group, South Korea’s second-largest conglomerate, has been dedicated to its “Deep Change” initiative since Group Chairman Chey ...

SK Bioscience to export $51 bn flu vaccine to Thailand

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Monday that it has signed a deal with Thailand's state-owned G...

SK Telecom buys major stake in AICC developer Persona AI

South Korea's SK Telecom Co. will boost its artificial intelligence (AI) contact center (AICC) unit to emerge as a comprehensive provider of AICC pr...

SK E&S' low-carbon LNG project enjoys tailwind in Australia

DARWIN, Australia -- Darwin, Australia's northernmost port city, lies at the crossroads of the Pacific and Indian Oceans. With a tropical climate of...

SK Hynix provides samples of best-performing HBM3E chip to Nvidia

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Monday it has developed HBM3E, the industry&...

Team Korea lands $447 mn solar power project in US

A group of six South Korean companies dubbed "Team Korea," which comprises private companies such as SK Ecoplant, public companies and a government ...

LX Group may bid for container line HMM in four-way race

South Korea’s logistics-to-trading conglomerate LX Group is expected to join the race for the country’s No. 1 shipping company HMM Co. i...

EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada

EcoPro BM Co., South Korea’s leading battery material producer, will invest $886 million jointly with SK On Co. and Ford Motor Co. to build a ...

SK Telecom expands its Web3 ecosystem

South Korea's SK Telecom Co. has joined hands with Polygon Labs, a New York-based global blockchain company, to expand its Web3 ecosystem.Both compa...

SK Biopharm to export epilepsy drug tech to Middle Eastern firm

South Korea's SK Biopharmaceuticals announced on Friday a strategic tie-up with Hikma MENA FZE, marking the introduction of its new epilepsy medicat...

SK Pharmteco gears up for big leap in advanced biotherapies

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), is upping the ante in its b...

SK Telecom develops 5G IoT tech RedCap

South Korea's SK Telecom Co. unveiled on Thursday that it has successfully developed and tested Reduced Capability (RedCap) - a pioneering 5G Intern...

SK Telecom to host global AI hackathon in Seoul with OpenAI

South Korea's SK Telecom Co. will hold next month an artificial intelligence contest with OpenAI, the American information and communications techno...

SK On to expand domestic battery cell plant for $1.1 bn

SK On Co., a South Korean rechargeable battery maker, will make its largest-ever domestic facility investment of 1.5 trillion won ($1.1 billion) to ...

SK Telecom's T deal sees 81.5% transaction amount increase in H1

South Korea's SK Telecom Co. announced on Monday that the transaction volume of its artificial intelligence (AI)-curated text commerce T deal in the...