Domino’s Korea to use third party delivery agents, the franchise's first case
It took a whole year for Domino’s Korea to convince the Michigan-based delivery pizza behemoth for an exemption to its corporate guidance of u...
Korean EV charging startup to launch business in Indonesia
South Korea’s electric vehicle charging platform startup is set to make inroads into Indonesia, a prospective EV market with the world’s...
Carlyle, GS Group to buy Korean dental scanner maker
US private equity giant The Carlyle Group and South Korean energy-to-retail conglomerate GS Group will acquire Medit Corp., the world’s third-...
Samsung Elec to expand foundry business to tackle TSMC
Samsung Electronics Co., the world’s second-largest foundry company, is set to expand production technology of chips for automobiles, sensors ...
Hyundai E&C, Holtec embark on detailed design of SMR-160 model
South Korea’s Hyundai Engineering & Construction Co. and its US nuclear reactor partner Holtec International have agreed to start working ...
Medipost to expand CDMO business with 10 new clean rooms in Korea
Medipost Co, a South Korean biotechnology company, is expanding its cell and gene therapy contract development and manufacturing organization (CDMO)...
Oil prices to remain high, petrochem a concern: GS Caltex CEO
GS Caltex Corp. Chief Executive Hur Sae-hong said on Monday he expects global oil prices, which remain elevated due to geopolitical tensions, won&rs...
Hanwha Group needs to stay innovative to succeed, CEO says
South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...
Samsung Biologics opens the world's largest CDMO factory
South Korea’s Samsung Biologics Co.’s new biopharmaceuticals plant launched operations on Tuesday, a move expected to widen the gap betw...
SK Siltron, UK's IQE to produce high-efficiency wafers for Asian market
South Korean silicon wafer maker SK Siltron Co. has teamed up with UK-based wafer products supplier IQE plc to produce gallium nitride (GaN) epitaxi...
LG Energy, POSCO join forces for EV battery business
LG Energy Solution Ltd. and POSCO Holdings Inc. have joined hands to enhance their competitiveness in the global electric vehicle battery sector and...
Samsung Q3 earnings disappoint on weak chip business
Samsung Electronics Co., the world’s top memory chipmaker, missed third-quarter earnings estimates on the weak semiconductor business and its ...
Korea's data solution provider for small biz becomes unicorn
Korea Credit Data (KCD), a South Korean data solutions provider for small business owners, has become a Korean unicorn, or an unlisted company with ...
Samsung says no memory output cut, to widen tech gap with rivals
SILICON VALLEY – Samsung Electronics Co., the world’s top memory chipmaker, is not considering slashing its memory chip production despi...
Celltrion targets digital healthcare sector with app
Celltrion Inc., South Korea’s biopharmaceutical giant, made a foray into the digital healthcare sector for its future growth by launching a sm...
Naver to buy Poshmark at $1.6 bn to boost US e-commerce biz
Naver Corp. is set to take over US Poshmark Inc. for some $1.6 billion to make inroads into the e-commerce sector in North America as South Korea&rs...
Korea’s Aju to spin off key building material business
South Korea’s Aju Group is set to split its parent company into a construction material firm and an investment corporation to enhance its prof...
SK On inks lithium deal with Australian firm for US tax credit
SK On Co., the world’s fifth-largest electric vehicle battery maker, has signed a deal with an Australian lithium producer. Securing the core ...
LG embraces ESG management standards with first groupwide report
South Korea’s fourth-largest conglomerate LG is rapidly embracing environmental, social and governance standards as key criteria in evaluating...
Korea Investment & Securities and Stifel Financial form joint venture
Korea Investment & Securities Co., a subsidiary of Korea Investment Holdings, announced on Wednesday that it has formed a joint venture with Mis...
Hanwha agrees to buy Daewoo Shipbuilding for $1.4 billion
South Korea's leading weapons manufacturer Hanwha Group agreed on Monday to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering ...
Korea's SBW Group eyes bid for textile giant Lycra
South Korean fashion business operator SBW Group is joining the race to acquire global leading textile firm The Lycra Company, investment banking so...
LG Elec., Uplus team up to expand service robot business
South Korea’s home appliance giant LG Electronics Inc. and mobile carrier LG Uplus Corp. will join forces to expand their service robot busine...
Lotte Home Shopping showcases Bellygom at Manhattan’s Pier 17
NEW YORK – Lotte Home Shopping Inc. displayed Bellygom at Manhattan’s Pier 17 on Wednesday, on the sidelines of the Korea Brand Expo in ...
Samsung’s Lee, SoftBank’s Son to discuss partnership on ARM
Samsung Electronics Co. Vice Chairman Jay Y. Lee will meet with Japan’s SoftBank Group Chairman Masayoshi Son next month to discuss a deal reg...
SK Telecom expands business portfolio with quantum tech
South Korea’s top mobile carrier SK Telecom Co. is expanding its business portfolio with quantum technology, even into industries that are unr...
SK Broadband develops green, efficient network technology
South Korea's internet service provider SK Broadband Co. has developed optical communications technology that simultaneously provides differing degr...
LG Group revs up EV charging businesses to lead burgeoning sector
LG Group affiliates, notably LG Electronics Inc. and LG Uplus Corp., are entering the electric vehicle (EV) charging business in full force. In...
DB HiTek develops automotive power semiconductor tech
DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...
Hyundai Motor, KT in $540 million share swap deal for future mobility
South Korea’s Hyundai Motor Group and telecom giant KT Corp. have agreed to expand their future mobility partnership through a 750 billion won...
