development business sector

DAVOS, Switzerland -- Hyosung Group, a South Korean textile-to-chemicals conglomerate, plans to expand its tire cord business to India, the world's ...

South Korea’s top automaker Hyundai Motor Group will launch an advanced vehicle platform (AVP) research and development division, combining it...

South Korea’s snack and confectionery maker Orion Group has agreed to buy a controlling stake in LegoChem Biosciences Inc., a Korean biotech s...

Samsung SDI Co. has agreed to invest $18.5 million in Canada Nickel Company Inc. to secure steady supplies of nickel and cobalt, key materials for r...

Merging into one team, OCI Group and Hanmi Pharmaceutical Group will leap forward to be a global novel drug manufacturing and biotechnology innova...

Harvard Business School students are set to study the success of South Korean foods in the global market through the case of Bibigo, the leading bra...

Hyundai Motor Group., the No. 2 electric vehicle brand in the US, is offering discounts of up to $7,500 for their EVs in the country — the max...

Hanwha Aerospace Co., a leading South Korean defense company, has partnered with Kosdaq-listed tech firm ITM Semiconductor Co. to jointly develop ba...

The Korea Institute of Science and Technology (KIST) announced on Thursday that it has developed a lightweight wearable robot called Moonwalk Omni, ...

Cosmax Inc., South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), is embarking on a full-scale entry in...

LAS VEGAS – South Korea’s second-largest automaker Kia Corp. has forged a partnership with Uber Technologies Inc. to jointly develop cus...

LAS VEGAS – Hyundai Motor Group’s self-driving technology unit 42dot Inc. will develop an artificial intelligence-powered software-defin...

Kobiolabs Co., a South Korean microbiome-based new drug development company, announced on Wednesday that it has a patent for Roseburia intestinalis ...

Taeyoung Group, South Korea’s midsize conglomerate controlling logistics, media and construction businesses, on Tuesday vowed to offer up its ...

South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding busin...

SK On Co., an affiliate of South Korea’s SK Group, will work on the development of a large-size cylindrical battery with the 4680 form factor ...

Hancom Inc., a homegrown office suite developer in South Korea, said on Friday that it has acquired local business-to-business (B2B) digital documen...

South Korea’s top automaker Hyundai Motor Group said on Friday it has signed an agreement with W. L. Gore & Associates Inc., a US material...

CHANGWON, South Gyeongsang Province – Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is set to double its local gas turb...

Youngone Corp., a South Korean clothing manufacturer to global outdoor brands like The North Face and Patagonia, said on Thursday it has decided to ...

South Korean startups in the semiconductor, eco-friendly and electric vehicle battery sectors succeeded in attracting investors in the second half o...

Samsung Electronics Co. seeks to rake in 11.5 trillion won ($8.8 billion) in operating profit from its semiconductor business this year, swiveling f...

South Korean food giant CJ CheilJedang Corp. introduced a business-to-business (B2B) section CJ The Market for Biz on its e-commerce website CJ The ...

South Korea plans to develop short-range, air-to-air missiles to be mounted on the Korean fighter KF-21 with homegrown technology by 2035 in a 591.9...

The state-run Korea Development Bank (KDB) announced on Friday that it has established the KDB-Quantum Mobility Value Chain Open Innovation Fund wor...

Shinsegae Inc., South Korea’s largest department store and supermarket company, will pull out of the whisky market, bucking the trend of the r...

POSCO Holdings Inc. will build a highly purified rare gas-producing joint venture in South Korea with Zhongtai Cryogenic Technology Corp. from China...

Encarsales.com Ltd., a South Korean used-car trading platform, will withdraw its initial public offering plan as early as this week due to deteriora...

South Korea’s major game developers NCSOFT Corp., Nexon Co. and Netmarble Corp. plan to roll out new games for overseas players next year in a...

ESR KendallSquare REIT, overseeing 18 advanced logistics centers across South Korea, adeptly handled challenges in the real estate sector this year....