LG sees $76 bn in 2023 vehicle system order backlog

LG sees $76 bn in 2023 vehicle system order backlog

The automotive electronics business is emerging as a new cash cow for South Korea’s LG Electronics Inc., a household name in the home applianc...

Extension Notice of Share Sales in PT Bayan Resources Tbk

Extension Notice of Share Sales in PT Bayan Resources Tbk

Extension Notice of Share Sales in PT Bayan Resources Tbk I. Overview of sale 1. As part of efforts to ensure a successful deal, we are extendin...

Samsung SDI expands cooperation with EV makers

Samsung SDI expands cooperation with EV makers

Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is expanding cooperation with its customers including General Motors C...

Samsung Display to dump entire stake in LCD equipment maker

Samsung Display to dump entire stake in LCD equipment maker

South Korea’s Samsung Display Co. is set to sell its stake in a domestic liquid crystal display equipment maker as the unit of global tech gia...

Samsung Gangnam takes aim at Apple Store to lure MZers

Samsung Gangnam takes aim at Apple Store to lure MZers

Apple Inc., the world’s leading premium smartphone maker, opened its latest South Korean flagship store in the bustling neighborhood of Gangna...

Interpark Triple sees surge in sales of Japan tours, activities

Interpark Triple sees surge in sales of Japan tours, activities

Sales of Japan tour and activity products to South Korean travelers have surged in recent weeks, driven by an increase in the number of independent ...

Samsung on smooth track to 1.4 nm foundry tech to take on TSMC

Samsung on smooth track to 1.4 nm foundry tech to take on TSMC

SILICON VALLEY  – Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday unveiled details of its advanced proces...

Samsung to invest $230 bn in Korea on speedy govt support

Samsung to invest $230 bn in Korea on speedy govt support

Samsung Electronics Co., the world’s top memory chipmaker, is set to spend 300 trillion won ($230.4 billion) to build semiconductor manufactur...

Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years

Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years

South Korea’s top auto parts maker Hyundai Mobis Co. said on Tuesday it expects to begin mass production of its rollable vehicle display &ndas...

S.Korean firms' rights issues swell 10-fold in June

S.Korean firms' rights issues swell 10-fold in June

An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...

S.Korea's Naver Webtoon to expand IP-based operations

S.Korea's Naver Webtoon to expand IP-based operations

South Korea's Naver Webtoon is selling its online intellectual property (IP)-based webtoon products on the offline market to expand its webtoon IP o...

Samsung, 4 Korean banks to foster financial software engineers

Samsung, 4 Korean banks to foster financial software engineers

Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help suppor...

Samsung releases portable screen The Freestyle EV9

Samsung releases portable screen The Freestyle EV9

Samsung Electronics Co. announced on Tuesday that it will unveil The Freestyle EV9 Edition, a portable TV screen, to commemorate the launch of Kia C...

K-drama hitmaker Studio Dragon in crisis as content head resigns

K-drama hitmaker Studio Dragon in crisis as content head resigns

Studio Dragon Corp., a South Korean production company of Netflix hits such as "The Glory" and "Crash Landing on You," said on Monday its co-Chief E...

South Korea’s next price cut target to ease inflation; flour prices

South Korea’s next price cut target to ease inflation; flour prices

South Korea urged domestic millers to cut flour prices after demanding a similar move to instant noodle makers to further ease inflationary pressure...

Samsung accelerates foray into fastest AI chip market

Samsung accelerates foray into fastest AI chip market

South Korea’s Samsung Electronics Co. is speeding up its efforts to penetrate deeper into the high bandwidth memory 3 (HBM3) market, an area i...

Heyday over for Amorepacific, LG Household in China’s beauty market

Heyday over for Amorepacific, LG Household in China’s beauty market

Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...

Hyundai Motor to take 1st crack at Korea’s used car market

Hyundai Motor to take 1st crack at Korea’s used car market

South Korea’s top automaker Hyundai Motor Co. is entering the country’s used car market, whose entry by big companies has long been deni...

Samsung, LG fuel rivalry in global hospitality TV market

Samsung, LG fuel rivalry in global hospitality TV market

Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...

Samsung, LG, Sony vie for mixed-reality OLED display market

Samsung, LG, Sony vie for mixed-reality OLED display market

Samsung Display Co., LG Display Co. and Sony Corp. — the world’s three leading display panel makers — are ratcheting up efforts to...

LG Energy’s 1st bond issue draws record $3.6 bn in bids

LG Energy’s 1st bond issue draws record $3.6 bn in bids

LG Energy Solution Ltd.'s first bond issue was 10 times oversubscribed on Thursday, drawing a record 4.7 trillion won ($3.6 billion) in bids for a S...

Korea’s SK Square sells off entire stake in Grab as shares tumble

Korea’s SK Square sells off entire stake in Grab as shares tumble

SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...

Nike to open its 3rd Jordan World of Flight store in Seoul

Nike to open its 3rd Jordan World of Flight store in Seoul

Nike Inc. is set to open its Jordan World of Flight in Seoul, a store dedicated to Jordan brand streetwear and sports shoes, on Wednesday. It will b...

Intel’s foundry revamp sets off alarm bells for Samsung, TSMC

Intel’s foundry revamp sets off alarm bells for Samsung, TSMC

Intel Corp.’s announcement to restructure its manufacturing business to become a leading foundry player is setting the stage for a bigger show...

Hyundai Motor partners with Japanese culture content firm for EV sales

Hyundai Motor partners with Japanese culture content firm for EV sales

South Korean automaker Hyundai Motor Co. and Japanese lifestyle content company Culture Convenience Club (CCC) on Thursday announced a strategic par...

Hanwha Impact develops 50% hydrogen gas turbine technology

Hanwha Impact develops 50% hydrogen gas turbine technology

The Ministry of Trade, Industry and Energy announced on Wednesday that Hanwha Impact Corporation, a South Korean petrochemical manufacturer, has dev...

S.Korea attracts investment of $940 mn from 6 European companies

S.Korea attracts investment of $940 mn from 6 European companies

South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D centers.The six compani...

S.Korea has just 1.2% of world's corporate unicorns: study

S.Korea has just 1.2% of world's corporate unicorns: study

Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over $1 billion, has shru...

GS Retail sells unmanned serving robots in convenience stores

GS Retail sells unmanned serving robots in convenience stores

The artificial intelligence (AI) serving robot has been introduced to convenience stores for sale. The number of stores where the robot is being sol...

Monthly exports set for growth in June for 1st time in 10 months

Monthly exports set for growth in June for 1st time in 10 months

South Korea’s exports in the first 20 days of June rose from a year earlier, seeing growth in the period for the first time since last August....

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