facility expansion

South Korea’s POSCO Chemical Co. plans to fivefold production of low-expansion anode materials, high-value-added ingredients for electric vehi...

‘Beyond Korea’ is South Korean tech juggernaut Kakao Corp.’s new vision for the future. Kakao’s new CEO nominee Namkoon...

Novelis Inc., the world’s top aluminum recycler, is set to invest $53 million in another recycling and casting center in South Korea to meet t...

LG Energy Solution Ltd. has acquired US-based NEC Energy Solutions to expand its capabilities into the energy storage system (ESS) integration mar...

Startups in the pet industry are gaining traction on the back of a rising number of pet owners in South Korea. Industry insiders say several pe...

South Korea’s Lotte Chemical Corp. is set to spend 602 billion won ($501.5 million) in building eco-friendly materials plants at one of its pe...

The city of Seoul launched Invest Seoul on Feb. 7, an investment promotion agency (IPA) to attract foreign investment and overseas companies. The ca...

  Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) has bought a 5% stake in online game developer Nexon Co., the gaming...

South Korea's biopharmaceutical company Celltrion Inc. and diagnostic kit manufacturer Humasis Co. have signed contracts to supply their jointly-dev...

Naver Corp., South Korea’s online portal giant, decided to make an additional investment in a web content unit to expand its global webtoon an...

Netmarble Corp. unveiled detailed plans for a hawkish entry into the blockchain and metaverse industries on Thursday. The mobile game developer...

GS Engineering & Construction Co. will export hydrogen plant modules to the US, becoming the first South Korean builder for such overseas sales....

ICONIQ Capital, a US family office backed by Meta founder and CEO Mark Zuckerberg, has invested 50 billion won ($42 million) in Smartscore, a South ...

Plant-based food company Organica Corp. has attracted investment from China’s alternative investment firm CITIC Capital Holdings Ltd. This mar...

A robot with a humanoid arm is busy at work transporting parts inside Doosan Robotics’ manufacturing plant in Suwon City, Gyeonggi Province.&n...

South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Bank, involving a $370...

South Korea’s four major oil refiners have for decades been at the forefront of the industry push to upgrade facilities, a combined multi-bill...

LAS VEGAS – Samsung Electronics Co. is working on multiple M&A deals, which it could announce in the near future, as the company is seekin...

CHA Biotech, South Korea’s stem cell therapeutics developer, is set to expand its biomaterials contract development and manufacturing organiza...

POSCO Co., the world’s No. 5 steelmaker, plans to build mini mills, electric arc furnaces for hot rolled steel, in South Korea as part of it...

At the end of last year, executives of Kumho Petrochemical Co. were in a heated debate on whether or not to expand the capacity of nitrile butadiene...

South Korean builders Samsung Engineering and Hyundai Engineering Co. are in a tight race to win a $4 billion petrochemical project in Indonesia.Sam...

ViacomCBS Inc., one of the top four US media conglomerates, and CJ ENM Co., South Korea’s entertainment powerhouse, have teamed up to expand t...

Naver Corp.’s metaverse platform secured $190 million from Softbank and other investors to expand its business in a market marked by fierce co...

South Korea’s Midas Asset Management Co. has bought a logistics center leased to Amazon, the world’s top online shopping mall, in Italy ...

Samsung Electronics Co. Vice Chairman Jay Y. Lee has met with biopharmaceutical conglomerate Moderna’s co-founder and telecommunications g...

The operator of Terarosa, known as the Blue Bottle Coffee of South Korea, has received around 70 billion won ($60 million) in funding from Unison Ca...

SeAH Group, a South Korean mid-size special steel conglomerate, is set to post record earnings this year on the back of the global steel supercycle ...

South Korea’s top online platform operator Naver Corp. and brokerage giant Mirae Asset Securities Co. are aggressively investing in promi...

Samsung SDI Co. has partnered with Dutch-domiciled multinational automaker Stellantis N.V. to build a multi-billion-dollar battery facility in the U...