economic growth

Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...

GS Group, a South Korean energy-to-retail conglomerate, plans to aggressively invest in startups and venture companies with promising technology &nd...

South Korea's confectionary giant Orion Corp. has seen brisk sales growth this year, pushing out rival CJ CheilJedang Corp. to solidify its dominanc...

Shinhan Financial Group announced on Wednesday that it has partnered with the Korea SMEs and Startups Agency (KOSME) to support Korean startups' ent...

Samsung Electronics Co., the world's largest memory chipmaker, has won a semiconductor production order from Israel-based Mobileye Global Inc., a le...

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, is set to focus on the automotive scree...

Leading executives of major South Korean corporations Samsung Electronics Co., LG Energy Solution Ltd. and LG Electronics Inc. are buying back their...

LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...

South Korea’s LS Group said on Monday it has completed construction of a new plant to produce nickel sulfate, a key raw material for next-gene...

Samsung Electronics Co. Chairman Jay Y. Lee has chosen Samsung Electro-Mechanics Co.'s new multi-layer ceramic capacitor (MLCC) plant in Tianjin as ...

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday it is investing 7.2 trillion won ($5.6 billion) to build a b...

Samsung Electronics Co.’s premium laptop PC series Galaxy Book 3 is a global hit since its release last monthIts reception has grown so high t...

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are in quandary over their growth strategies in China fo...

South Korea's Yanolja Cloud, a software-as-a-service (SaaS) company, announced on Tuesday its partnership with SK Discovery Co. to build a proptech ...

Samsung Electronics Co., the world’s largest chip producer, will go all out to expand its robotics business, Vice Chairman and Co-CEO Han Jong...

South Korean biotech GI Innovation Inc. is slated to debut on the local public market at less than half of its pre-IPO investment value, facing luke...

Samsung Electronics Co. is found to have earned 250 billion won ($191 million) in profit valuation from its investment made two months ago in Rainbo...

South Korea’s jobs grew at the slowest pace in two years last month partly owing to a slowdown in the country’s manufacturing sector due...

South Korea's semiconductor foundry company DB HiTek Co. last month saw its capacity utilization rate rise to the mid-80% level thanks to rising dem...

LG Electronics Inc. will upgrade its research and development (R&D) center in Vietnam to an official corporation and boost its electric vehicle ...

LG Electronics Inc. has released its highest-ever number of new organic light-emitting diode (OLED) TV models in a bid to maintain its supremacy in ...

Hyundai Engineering, a South Korean construction contractor, held a completion ceremony for the "Lemba-Imbu water purification plant phase 1 project...

South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...

South Korea’s environment ministry conditionally approved the construction of a new airport on Jeju Island with a 6.7 trillion won ($5.2 billi...

LG Electronics Inc. is seeking to make inroads into the private 5G network market, set to grow rapidly amid accelerated migration to automation in a...

South Korea’s JB Financial Group Co. has refused a local activist fund’s request to raise dividend payouts, stressing such a measure wil...

South Korea’s auto production last year ranked fifth worldwide for the third year in a row.A report on world automotive output from the Korea ...

Hyundai Motor Co. and Kia Corp., under South Korea’s Hyundai Motor Group, posted their largest-ever sales for February in the US, narrowing a ...

Samsung Group appears set to up its investment in solid-state batteries, a game changer in the electric vehicle sector, as South Korea’s top c...

Bangladesh has long been a tough market for South Korean automakers to break into, given the decades-old dominance of Japanese carmakers such as Toy...