hyper-connected defense solution

SK Inc. and SK Energy announced they have jointly acquired North Carolina-based energy solution enterprise Atom Power Inc. for $150 million.The thre...

Allganize Inc., a Silicon Valley-based artificial intelligence (AI) startup, recently announced the company will relocate some of its headquarters f...

South Korea’s first mobility unicorn Socar Inc. has cut its IPO price by 18% to push ahead with its stock market debut, according to industry ...

Hanwha Solutions Corp. and OCI Co., South Korea’s two leading solar power-related companies, are poised to gain a tailwind from the US governm...

South Korea’s defense makers, namely Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI), and Hanwha Defense Corp., clinched export dea...

South Korean defense stocks got a boost from a 10 trillion-won ($7.6 billion) export deal with Poland announced last week. Korea Aerospa...

Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of conspicuous acquisitions ...

Korea Aerospace Industries Ltd., South Korea’s sole military aircraft manufacturer, is seeking to sell 1,000 units of the FA-50 light combat a...

South Korea’s leading cloud computing and software services providers are slated to join forces to launch a service for smart working in Korea...

South Korea’s defense makers including Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI) and Hanwha Defense are poised to clinch 10 tri...

SK Hynix Inc., the world’s second-largest memory chipmaker, has decided to hold off on a 4.3 trillion won ($3.3 billion) plan to build a new N...

If you are using artificial intelligence-powered chatbot services in South Korea, you may soon be receiving messages like this: “Would you lik...

South Korea’s defense exporter LIG Nex1 Co. showcased its guided rocket at the world’s largest international maritime warfare exercise l...

South Korea’s LG Electronics Inc., the world’s second-largest TV manufacturer, is aiming for a tenfold increase in the number of TV vend...

Hansol Paper Co. announced Thursday that it participated as a strategic investor in a Series A funding worth 2 billion won ($1.5 million) for South ...

LG Electronics Inc., the global home appliance maker, suffered a lower profit in the second quarter on the back of rising commodity and logistics co...

Poland is moving closer to clinching a megadeal to buy South Korean weapons such as fighter jets, tanks and artillery amid the ongoing Russian war o...

SK Innovation Co. announced Tuesday it will inject $30 million into Brooklyn-based Amogy Inc. The intermediate holding company of SK Group and ...

South Korea’s online platform giant Kakao Corp. plans to shift its focus to an interest-based platform from its existing acquaintance-based me...

Samsung Electronics Co. aims to replicate the success of its Galaxy series of smartphones with other home appliances sold under its premium Bespoke ...

QMIT Inc., the operator of athlete management platform plco, announced Tuesday that it raised 3 billion won ($2.4 million) in Series A round funding...

KKR & Co. on Wednesday announced the final close of its first Asia credit fund at $1.1 billion, the largest such fund focused on Asia.The privat...

Hankook Tire & Technology Co., South Korea’s top tire maker, said on Wednesday it has opened Asia’s largest proving ground to test t...

LG Energy Solution Ltd. and SK On Co., the world’s No. 2 and No. 5 electric vehicle battery makers, plan to adopt smart factory solutions to i...

Hanwha Group, South Korea’s chemical-to-financial conglomerate, is set to invest 37.6 trillion won ($29.8 billion) in future growth sectors su...

South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...

“We had the overseas market in mind from the get-go,” global fabric sale platform SwatchOn’s CEO Lee Woo-seok told The Korea Econo...

In October 2012, US tech giant Apple Inc. fired Dominique Oh, the head of its South Korean unit. This was due to Apple's sluggish sales in the home ...

Chunmyung and Company, the operator of its namesake fortune-telling app, announced on Tuesday it has secured Series A funding worth five billion w...

President and co-CEO of Hanwha Solutions Corp. Kim Dong-kwan met with heads of major blockchain venture capital firms while visiting the United Stat...