aerospace and defense industry

South Korea’s Lotte Innovate (formerly, Lotte Data Communication Co. ) announced that it signed a memorandum of understanding (MOU) with Kolon...

South Korea’s promising startup founders, who normally double as chief executive officers for their companies, are leaving their home turf to ...

Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...

South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. is joining hands with major US defense technology firms to expand its presence i...

SK Hynix Inc., the world’s leading high bandwidth memory (HBM) chip producer, will plow in $3.87 billion to build advanced packaging and resea...

Linkshops, once touted as a future unicorn candidate in South Korea, declared bankruptcy last month even after garnering 15.4 billion won ($11.4 mil...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is spinning off its non-core units to focus on defense and aerospace b...

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

Investors are betting big on food service technology startups in South Korea as the adoption of self-service systems in the country’s food and...

STX Corp., a South Korean general trading company, announced on Monday that it signed a memorandum of understanding (MOU) to supply the complete kno...

South Korea’s Hanwha Aerospace Co. announced on Wednesday that it was selected as the next-generation launch vehicle KSLV-III operator, follow...

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...

South Korea seeking to join the global space power club is set to recruit about 120 local and foreign space experts for the country’s space ag...

Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...

Hanwha Ocean Co., the world’s second-largest shipbuilder, is seeking new legal action against HD Hyundai Heavy Industries Co. over the bigger ...

South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...

Hyundai Heavy Industries Power Systems Co. (HPS) will join hands with HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) and CE-TEK Ltd. to...

Kakao Ventures Corp. has made an undisclosed amount of seed investment into Omelet, a South Korean early stage startup developing industrial operati...

South Korea’s major chemical materials producer Kolon Industries Inc. will team up with SK Microworks Co. to regain ground in the Chinese film...

Samsung Electronics Co. has developed the industry’s first 36-gigabyte (GB) 12-layer high-value, high-performance memory chip in a bid to rest...

Kolon Industries Inc. has upgraded its smart factory system to ensure its doubled production capacity of super fiber aromatic polyamide fibers (aram...

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, is set to sign a 1 trillion won ($751 million) contract to s...

CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry domi...

South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it will collaborate with the UK-based renowned defense company Babcock Int...

South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, will create an 80 billion won ($60 mil...

Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU) for defense cooper...

South Korea's major defense system developer LIG Nex1 Co. has clinched a $3.2 billion deal to export its latest missile interceptor to Saudi Arabia,...

Kia Corp., South Korea’s second-largest automaker, has unveiled its next-generation military vehicle technologies at the largest defense exhib...

The Seoul Central District Court on Monday acquitted Samsung Electronics Co. Chairman Jay Y. Lee of charges of being involved in illegal activities ...

Secondary strategy is South Korean institutional investors’ top pick for private equity investments for two straight years, a survey showed. Man...