Concerned about CHIPS Act, Korea says US investment less attractive

Concerned about CHIPS Act, Korea says US investment less attractive

South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the conditions the US government ...

KT&G’s hidden saviors in activist fight: In-house funds

KT&G’s hidden saviors in activist fight: In-house funds

KT&G Corp., the world’s fifth-largest tobacco maker, will likely get support from in-house shareholders in a battle against activist funds...

S.Korea's Taekwang Industrial acquires ISO 45001 certification

S.Korea's Taekwang Industrial acquires ISO 45001 certification

Taekwang Industrial Co., a textile and petrochemical subsidiary of Taekwang Group, announced on Sunday that it has achieved ISO 45001 certification ...

Samsung’s DRAM market share rises amid industrywide revenue drop

Samsung’s DRAM market share rises amid industrywide revenue drop

Samsung Electronics Co., the world’s largest memory chipmaker, saw its DRAM market share rise in the fourth quarter of last year despite a sig...

Plant, machinery maker Doosan seeks future from chips, robots

Plant, machinery maker Doosan seeks future from chips, robots

BARCELONA -- South Korea’s plant and machinery powerhouse Doosan Group is seeking its future growth engines from the semiconductor and robot s...

Lotte to produce clean ammonia in US with CF Industries

Lotte to produce clean ammonia in US with CF Industries

Lotte Chemical Corp., a major South Korean petrochemical manufacturer, joined hands with CF Industries Holdings Inc., the world’s largest ammo...

Samsung, SK Hynix face cap on tech level of chips made in China

Samsung, SK Hynix face cap on tech level of chips made in China

WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...

Dongwon solo bidder for Boryung Biopharma estimated at $385 mn

Dongwon solo bidder for Boryung Biopharma estimated at $385 mn

South Korea’s leading seafood and logistics conglomerate Dongwon Group is seeking to buy local biopharmaceutical company Boryung Biopharma Co....

S.Korea to spur defense sector tech with $1.5 bn R&D investment

S.Korea to spur defense sector tech with $1.5 bn R&D investment

South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...

BOK sees interest rate as tight amid continued drop in exports

 BOK sees interest rate as tight amid continued drop in exports

South Korea’s central bank said on Tuesday it regards the current interest rate as tight, suggesting the monetary authority may hold the polic...

Korea's Hansol Technics enjoys profit on chip equipment unit

Korea's Hansol Technics enjoys profit on chip equipment unit

Hansol Technics Co., a South Korean company that makes modules for liquid crystal display (LCD) and solar panels, boosted earnings last year thanks ...

POSCO ICT to be rebranded as POSCO DX for digital transformation

POSCO ICT to be rebranded as POSCO DX for digital transformation

POSCO ICT Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Sunday that it will rebrand itself as POSCO D...

Chip designers in high demand despite industry slowdown

Chip designers in high demand despite industry slowdown

The semiconductor industry is reeling from a chip supply glut amid a broader global economic slowdown. However, as the saying goes, every cloud has ...

S.Korea's battery industry looks for staff fluent in European languages

S.Korea's battery industry looks for staff fluent in European languages

South Korea's battery companies are seeking human resources fluent in the languages and familiar with the cultures of countries where plants are loc...

Vietnam’s rise: An ominous sign for Korean chipmakers

Vietnam’s rise: An ominous sign for Korean chipmakers

Just a few years back, it was Taiwan that was on everyone’s lips in the semiconductor industry.The small East Asian island country, home to th...

S.Korea's extended reality sector forms industry convergence alliance

S.Korea's extended reality sector forms industry convergence alliance

The Korea Display Industry Association (KDIA) on Wednesday signed a memorandum of understanding (MOU) on a convergence alliance of the domestic exte...

SK Hynix may not slash chipmaking investment in 2023: vice chairman

SK Hynix may not slash chipmaking investment in 2023: vice chairman

SK Hynix Inc., the world’s second-largest memory chipmaker, will not significantly cut its semiconductor output this year, Vice Chairman Park ...

Samsung secures $16 bn loan from display unit for chipmaking

Samsung secures $16 bn loan from display unit for chipmaking

South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, has signed a deal to take out a cash loan of 20 trillion won ($15...

S.Korea's Kyung Dong Navien expands its business in Central Asia

S.Korea's Kyung Dong Navien expands its business in Central Asia

South Korea's heating systems manufacturer Kyung Dong Navien Co. held a conference for 100 local dealers in Tashkent, Uzbekistan, on Feb. 10.The con...

Shinhan Financial returns to top in Korea with record NP in 2022

Shinhan Financial returns to top in Korea with record NP in 2022

Shinhan Financial Group Co. reported a record-high net profit of 4.6 trillion won ($3.6 billion) last year, snatching back the crown of South Korea&...

SKC eyes M&As in semiconductor, rechargeable battery materials

SKC eyes M&As in semiconductor, rechargeable battery materials

SKC Inc., a South Korean chemical materials company under SK Group, is seeking to buy semiconductor and rechargeable battery materials companies in ...

South Korean companies rattled by activist shareholders

South Korean companies rattled by activist shareholders

South Korea’s major companies are under attack by activist shareholders, who are exerting ever-increasing clout over critical corporate decisi...

Dongwon Industries in talks to buy McDonald’s Korea as exclusive suitor

Dongwon Industries in talks to buy McDonald’s Korea as exclusive suitor

Dongwon Industries Co. will discuss a deal with McDonald’s Corp. to buy the latter’s Korean operations in hopes of riding on the renewed...

Industrial Bank of Korea goes all in with Eastern Europe push

Industrial Bank of Korea goes all in with Eastern Europe push

Industrial Bank of Korea (IBK) will open an office in Poland in the first half of this year, with analysts saying the bank's president Kim Seong-tae...

Korea Shipbuilding & Offshore Engineering ends fears over stock overhang

Korea Shipbuilding & Offshore Engineering ends fears over stock overhang

Korea Shipbuilding & Offshore Engineering (KSOE), a subholding company for shipbuilding, oil refining and machinery conglomerate HD Hyundai Co. ...

Meritz Securities poised to become Korea’s No. 1 for first time

Meritz Securities poised to become Korea’s No. 1 for first time

Meritz Securities Co., once a mid-tier securities firm in South Korea, is expected to command the local market as No. 1 after earning more than 1 tr...

SK Ecoplant passes industry-first carbon reduction target verification

SK Ecoplant passes industry-first carbon reduction target verification

South Korea's construction and engineering company SK Ecoplant Co. said on Thursday that it has passed the greenhouse gas reduction target verificat...

S.Korea's online K Bank withdraws plan for Kospi listing

S.Korea's online K Bank withdraws plan for Kospi listing

South Korea's K Bank has withdrawn its highly anticipated plan to hold an IPO this year in the judgement of a lower corporate value due to the slugg...

Samsung Heavy Industries adopts integrated monitoring system

Samsung Heavy Industries adopts integrated monitoring system

In a first for shipbuilding, South Korea's Samsung Heavy Industries has developed a system to confirm all data generated in the process of shipbuild...

S.Korea likely to suffer recession as Jan exports tumble

S.Korea likely to suffer recession as Jan exports tumble

South Korea is likely to head for a recession for the first time in three years as exports of Asia’s fourth-largest economy in January dropped...

Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media