annual sales target

South Korea’s Lotte Biologics Co. is set to start building its first local facility for drug manufacturing next year, aiming for 400,000 liter...

South Korea predicted headline inflation to ease from October after hitting a five-month high last month, adding to expectations that the central ba...

When Ryu Junghoon was tapped as chief executive of Doosan Robotics Inc. two years ago, he vowed to turn the young robot-making company into an indus...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest carmakers, enjoyed record September sales thanks to the popularity of their electri...

Samsung Electronics Co., the world’s top smartphone maker, is set to unveil a cloud gaming service for mobile devices as it seeks new profit s...

South Korea’s exports slowed their decline in September to their mildest drop amid a yearlong downturn, raising hopes for a recovery in Asia&r...

Samsung SDI Co. will inject $1.98 billion to build a second battery manufacturing plant in the US jointly with Netherlands-based automaker Stellanti...

South Korea's biopharmaceutical company Celltrion Inc. announced on Tuesday that it has secured approval from the Japanese Ministry of Health, Labou...

Celltrion Inc., a South Korean biopharmaceutical giant, said Monday it will provide biosimilars worth 423.6 billion won ($323.6 million), its larges...

South Korea’s No. 1 agricultural machinery maker Daedong Corp., better known by the brand name Kioti in the US, is targeting the growing hobby...

South Korea’s SKC Ltd., secured an investment registration certificate (IRC) to establish the world’s largest biodegradable plastics m...

The US has approved the import of Chinese-made solar panels using polysilicon from South Korea's green and energy company OCI Holdings Co.Pundits sa...

A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their purse strings on growin...

South Korea’s retail giant Shinsegae Inc. on Wednesday carried out one of its most drastic executive reshuffles, replacing chief executives of...

Around 45,000 sellers on South Korea's Naver Smart Store as of June raked in annual sales of 100 million won ($72,250) or more, or 7.9% of the overa...

South Korean food maker Daesang Corp. has launched a pop-up store for its kimchi brand called Jongga in London, UK, the company announced on Wednesd...

Lotte Shopping Co., South Korea’s retail giant, aims to double its profit in three years by expanding its Southeast Asian operations and cemen...

BusinessOn Communication Co., a leading cloud computing firm listed on the junior bourse Kosdaq, is open to a sale of its controlling stake for arou...

South Korea's office suite software maker Hancom Inc. on Monday said it has released Kdan Office, the Taiwanese office software co-developed with gl...

NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with China's leadi...

South Korean game developer Netmarble Corp. is eyeing profits in the second half as its latest games gain in popularity, after posting deficits for ...

In South Korea’s automobile industry, it is widely acknowledged that the country’s homegrown premium car brand started with the Genesis....

Hyundai Motor Co. has launched a task force team to study its foray into the purpose-built vehicle (PBV) market, in which its sister company Kia Cor...

South Korea’s top automaker Hyundai Motor Co. is reportedly exiting Russia by selling its car manufacturing plant in St. Petersburg to AGR Aut...

Samsung C&T Renewables, the renewable energy corporation of South Korea's Samsung C&T Corp. in the US, announced on Thursday that it has s...

Come Friday, Samsung Electronics Co., the world’s largest memory chipmaker, will mark its first anniversary of publicly announcing its enterpr...

There are signs of a memory chip market recovery, particularly in the mobile DRAM chip segment, although demand for personal computer chips remains ...

South Korean generative AI startup Wrtn Technologies announced on Tuesday that it has surpassed one million cumulative subscribers to its service.Wr...

South Korea's Hanwha Aerospace Co. announced on Tuesday that it will unveil the latest model of its K9 self-propelled howitzer, the K9A2, at the Def...

SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...