World Competitiveness Ranking

LG Display Co., South Korea’s major display maker, is set to pull out of the liquid crystal display (LCD) TV panel business for domestic use. ...

 South Korea has become the world’s eighth-largest arms exporter, with its exports rising threefold – the fastest pace among the wo...

Samsung Electronics Co. held a ceremony on Monday to celebrate its first shipment of 3-nanometer semiconductor chips, notching its lead in the race ...

Five South Korean startups joined the ranks of unicorns in the first half of 2022, the largest such figure for six months. With that, the total...

South Korea’s national flag carrier Korean Air Lines Co. and online platform giant Naver Corp. are expanding their business cooperation in dig...

Korea Aerospace Industries Ltd., South Korea’s sole military aircraft manufacturer, is seeking to sell 1,000 units of the FA-50 light combat a...

KF-21 Boramae, South Korea’s first advanced supersonic jet fighter, successfully completed its first flight test on Tuesday more than six year...

SEOUL—Treasury Secretary Janet Yellen called for a reorientation of the world’s trading practices in the wake of Russia’s invasion...

Samsung Electronics Co. on Thursday unveiled a sample of the industry’s fastest graphics DRAM, designed to significantly advance the graphics ...

Kim Jae-young, founder and chief executive of Lionheart Studio Corp., the company behind South Korea’s most popular mobile game Odin, has join...

SD Biosensor Inc., the world's largest COVID-19 test kit seller, is seeking additional merger and acquisition targets in the US following its recent...

SKC Ltd., the chemical materials unit of South Korea’s second-largest conglomerate, said on Friday it has begun construction of a 900 billion ...

Cosmax Inc. announced Tuesday it recently signed a memorandum of understanding (MOU) with Universitas Indonesia’s Department of Pharmacy to co...

Samsung Electronics Co. has kicked off mass production of 3-nanometer chips based on the industry’s smallest process node as a global first, a...

Hyundai Mobis Co., South Korea’s largest auto parts producer, expected orders from global carmakers excluding Hyundai Motor Group affiliates t...

Samsung SDI Co., South Korea’s major battery maker, inked a $6.6 billion contract to secure 60% of its needs for elecfoil, an ingredient for c...

Many traffic accidents are caused by drowsy driving, fatigue or the driver’s abnormal health conditions.Automakers around the world have str...

South Korea’s semiconductor sector needs more support from the government not only to compete against global rivals backed by their own govern...

Hyundai Mobis Co. CEO Cho Sung-hwan has registered as a candidate for the next presidential election of the International Organization for Standar...

Kia Corp.'s Sportage plug-in hybrid electric vehicle (PHEV) was recently recognized as the best model in the segment by two influential German auto ...

Veganism is one of the hottest buzzwords in the food and beverage industry this year. F&B juggernauts are racing to win the hearts and tast...

LG Electronics Inc.’s artificial intelligence head Lee Hyun-chul flew to Seattle this week to lure AI talent from Microsoft Corp. and Amazon.c...

Maye Musk, the mother of Tesla Inc. CEO Elon Musk, has been named the global ambassador for South Korea’s Ceragem Co., a manufacturer of therm...

LG Display Co., a major South Korean display panel maker, said on Wednesday it is raising $1 billion in new funding from global banks to expand its ...

For South Korea’s wireless carrier LG Uplus, Disney+ may have become more trouble than it is worth.The country’s video-on-demand over-th...

South Korea’s leading webtoon production startup Kenaz was taken over by a domestic hedge fund as it aims to reduce dependence on major platfo...

LG Energy Solution Ltd. announced Monday it will invest 580 billion won ($451 million) to manufacture battery cells for Austin-based Tesla, Inc.The ...

Mirae Asset Securities Co. announced Thursday it has developed the prototype for the world’s first virtual trading system (VTS,) which allows ...

Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...

South Korea’s online platform giant Kakao Corp. plans to shift its focus to an interest-based platform from its existing acquaintance-based me...