development business sector

Samsung Electronics Co. and SK Hynix Inc.,the world’s two largest memory chipmakers, are expanding their dynamic random access memory business...

South Korean chemical and auto parts maker KCC Corp. said on Monday that it developed the country's first autonomous painting robot Smart Canvas.T...

Samsung Electronics Co., the world’s top smartphone maker, has expressed interest in the mobile networks business of Nokia Oyj, a global telec...

South Korea’s airlines are set to use fuel mixed with sustainable aviation fuel (SAF) for international routes, starting from services to Japa...

KT&G Corp., the world’s fifth-largest tobacco maker, is set to sell an office tower in South Korea to a local asset manager for an estimat...

South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...

Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, said on Wednesday it has signed a deal to acquire Tongya...

4by4 Inc., a South Korean content AI solution company, said on Wednesday that t it signed a basic agreement with the global video solution company S...

South Korea’s IGIS Asset Management Co. said on Wednesday that it signed a memorandum of understanding (MOU) with six companies, including Nav...

Hyundai Mobis Co. has developed the world's first nickel-free inductor material, which is expected to sharply cut the cost of manufacturing inductor...

South Korea's robot software company Clobot said on Tuesday that it submitted a registration statement to the Financial Services Commission and ha...

Lotte Energy Materials Corp., a major South Korean battery materials maker, said on Tuesday it has developed a nickel-plated copper foil for use in ...

HD Hydrogen, a unit of HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), has acquired Convion Ltd, a Finnish hydrogen fuel cell maker,...

Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a mem...

Orion Holdings Corp., a leading South Korean confectionery and snack maker, has been active in overseas markets for decades, particularly in China a...

POSCO Future M Co., a battery materials affiliate of South Korean steel giant POSCO Holdings Inc., will sell its entire stake in P&O Chemical Co...

South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...

South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...

Flexell Space, South Korea's Hanwha Systems Co.'s in-house venture, said on Thursday that it signed a letter of intent (LOI) with Germany's Airbus D...

LG Electronics Inc., the leading global home appliance maker, aims to generate most of its profit from future growth drivers by 2030 as the South Ko...

LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...

South Korean startup Lee Mobility announced on Tuesday that it got a seed round investment from Bluepoint Partners, a domestic early-stage venture c...

Mirae Asset Group, the pioneer in South Korea’s mutual fund industry, plans to set up an artificial intelligence business unit in New York as ...

South Korea's Shinhan Card said on Monday it was ranked as the leading company in the domestic financial sector in an environment, population, and g...

On Aug. 31, 2004, 92 Filipinos, wearing T-shirts and white caps, entered Incheon International Airport determined to make money in South Korea and r...

Hyundai AutoEver Corp., a software subsidiary of Hyundai Motor Group, secured consecutive contracts to build public safety systems in African countr...

SK Bioscience Co., a drug-making arm of South Korea's No. 2 conglomerate SK Group, has sold a stake in Nasdaq-listed vaccine developer Novavax Inc. ...

South Korean online giant Naver Corp.'s cloud subsidiary is expanding its presence in the country’s public artificial intelligence market by w...

KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indus...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, has decided to separate its non-core units to concentrate on the defen...