foreign direct investment

Samsung Electronics Co., the world’s largest smartphone maker, is set to spend 4.1 trillion won ($3.1 billion) on a new organic light-emitting...

The South Korean government will inject this year budget of 1 trillion won ($763.4 million) in intellectual property (IP)-related projects.The Presi...

South Korea’s second-largest financial institution KB Financial Group will launch a 250 billion won ($193 million) fund to invest in startups ...

Hyundai Motor Co. may consider discontinuing its steady seller Sonata sedan after the latest edition's release, the company’s chief hinted at ...

Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...

The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) on Tuesday said it dispatched to Texas a survey team for semiconductor in...

South Korea's global e-commerce platform Cafe24 Corp. announced on Tuesday the launch of a new page called "Cafe24 Enterprise Service," which is des...

 WASHINGTON, D.C. – South Korean chipmakers on Tuesday expressed deep concerns about the detailed guidelines of the US CHIPS and Science ...

E-Mart24 Inc., the convenience store chain unit of Shinsegae Inc. Group, announced on Tuesday that it will resume the value-added tax (VAT) refund s...

In a move to expand its range of offerings, South Korean fashion company LF Corp. has introduced a new emerging brand, Patou. As the preferences of ...

NHN Commerce, South Korea's e-commerce platform, announced on Monday that NHN Accommate, its Chinese subsidiary, has been chosen as a supplier of im...

South Korea’s pharmaceutical and healthcare company CJ Bioscience Inc. has acquired drug candidates from the UK's 4D pharma plc. to improve co...

The shock from the collapse of American startups’ main financing artery Silicon Valley Bank (SVB) has been deeply felt in the South Korean sta...

South Korea’s Hanwha Advanced Materials Corp. will spend $147 million to build a solar panel components plant in the US state of Georgia, acco...

South Korea’s SK Innovation Co. has newly invested $50 million in Amogy Inc., a US ammonia-based power system developer, to expand its green b...

Crocus Inc., a South Korean startup focused on energy infrastructure and leveraging artificial intelligence (AI), announced on Wednesday that it rai...

KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...

LB Investment Inc., a venture capital firm associated with the LG founder's family, has achieved a remarkable competition rate of over 1,000 to 1 fo...

Blackstone, Hamilton Lane, HarbourVest Partners and Audax Private Equity were jointly named the most preferred PE firms by South Korean institutional ...

SK Pharmteco Co., a contract development and manufacturing organization (CDMO), is eyeing pre-initial public offering funding again after it dropped...

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...

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is set to pour 4.5 trillion won ($3.4 billion) into ...

LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...

South Korea plans to ease regulations that limit foreign ownership of big companies deemed crucial to its economy as the government aims to align it...

MBK Partners agreed to buy NexFlex Co., South Korea’s top flexible copper-clad laminates (FCCL) producer, as the leading Northeast Asian priva...

Samsung Biologics Co. is slated to inject 2 trillion won ($1.5 billion) to build its fifth plant in South Korea. It will be a fast follow-up investm...

With South Korea’s aggressive green push at both the government and corporate levels, money is flowing back to environmental, social and gover...

LB Investment Inc., formerly known as LG Group’s venture capital arm, has attracted the most orders ever for an initial public offering of a S...

South Korean startups sponsored by the government’s information and communication technology acceleration program, dubbed K-Global Project, sa...

South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...