development business sector

KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...

Samsung Electronics Co. Chairman Lee Jae-yong, along with other global tech leaders, met with Chinese President Xi Jinping in Beijing on Friday as C...

US private equity firm Warburg Pincus LLC and South Korean real estate manager Wide Creek Asset Management Co. are building a logistics center for l...

The US Chamber of Commerce, the country’s largest lobbying group, told Washington that South Korea’s penalties on businesspeople are amo...

Hyundai Motor Co. and General Motors Co. are expected to soon announce a vehicle-sharing deal about six months after they signed an agreement for th...

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...

LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on We...

South Korean venture capital firms invested undisclosed tens of billions of won, equivalent to tens of millions of dollars, in US humanoid-developin...

Krafton Inc. invested in 10 overseas game developers in 2024 in search of the next big franchise intellectual property (IP) following its mega-hit t...

Samsung Electronics Co. Chairman Lee Jae-yong has warned the company's executives that the South Korean tech giant has lost its characteristic "rele...

South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the end of the first half as part of a strategic shift to...

South Korea’s Samsung E&A Co. has purchased a stake in Norway’s hydrogen technology company Nel ASA at 47.6 billion won ($32.8 milli...

Hanwha Ocean Co., a leading South Korean warship builder, has developed and tested an advanced stealth paint designed for the country’s KDDX n...

Webtoon Entertainment Inc., the Nasdaq-listed storytelling platform operator under South Korea’s internet giant Naver Corp., is set to expand ...

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), an intermediary shipbuilding holding company of HD Hyundai Co., will invest up to 30...

South Korean defense company Hanwha Aerospace Co. and US weapons systems developer L3Harris Technologies Inc. have led a $240 million funding round ...

North Asia-focused private equity firm MBK Partners is on the verge of clinching a major acquisition deal by offering a higher bid than other conten...

Samsung Electronics Co., the world’s largest memory chipmaker, has put its system chip and foundry businesses under tight scrutiny for a possi...

Hyundai Motor Co. has agreed to partner with Avride, an autonomous driving technology startup, to develop driverless robotaxis based on all-electric...

The appeal of European purpose-built student accommodation (PBSA) to real estate investors is growing rapidly. In the recent 2025 INREV Investor Int...

WASHINGTON -- South Korea and the US plan to set up a working group to expand their cooperation in the shipbuilding industry from warships to commer...

Chong Kun Dang Pharmaceutical Corp. is discussing building a research center and a plant in Siheung, about 30 kilometers southwest of Seoul, with th...

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for the second straight year thanks to t...

Dunamu Inc., the operator of South Korea’s largest cryptocurrency exchange Upbit, has been hit with a three-month partial business suspension ...

South Korea’s household technology and automotive names Samsung and Hyundai have reinforced their alliance to capture the global humanoid robo...

SK Innovation E&S (SKI E&S), the natural gas business unit of South Korea’s SK Innovation Co., is set to begin an LNG trading business...

When Samsung Electronics Co. acquired Harman International Industries Inc., a global leader in the audio and automotive electronics business, in 201...

South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2...

South Korea’s major e-commerce platforms, including Naver Shopping, are showing signs of slowing growth amid the rise of Chinese platform gian...

EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Ko...