industrial transformation

LG Energy Solution Ltd. reported its first quarterly loss in more than three years on Thursday, adding to concerns that the world’s third-larg...

South Korea's webtoon market size surpassed 2 trillion won ($1.36 billion) for the first time. The South Korean Ministry of Culture, Sports and...

South Korea will ease regulations and offer incentives to facilitate the restructuring of domestic petrochemical makers battling a global suppl...

Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung Chemical Corp. for ...

SK Pharmteco Co., a contract development and manufacturing organization (CDMO), has secured an obesity treatment order worth up to 2 trillion won ($...

Affinity Equity Partners aims to develop leading South Korean car rental companies into mobility service providers to create additional profitabilit...

LS Electric Co., a South Korean industrial energy facility and systems supplier, is expected to sign a 500 billion won ($358 million) deal with a GE...

South Korea plans to restructure the struggling domestic petrochemical industry amid intensifying competition with Chinese rivals and oversupply by ...

Solidigm, the NAND flash-making subsidiary of South Korean chipmaker SK Hynix Inc., said on Wednesday it has launched a 122-terabyte (TB) enterprise...

DL Group, South Korea’s petrochemical-to-construction conglomerate is putting some hotels on the market to raise an estimated 650 billion won ...

Paradise Co., a South Korean casino operator, said on Tuesday it held the 2024 Paradise Taipei MICE (meetings, incentives, conferences, and exhibiti...

LG Display Co., South Korea’s leading display maker under LG Electronics Inc., has developed the industry’s first display that can be st...

Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...

Tesla Inc. is in talks with SK Hynix Inc. at the US electric vehicle giant’s request for a possible 1 trillion won ($725 million) order of ent...

South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...

Hyundai Motor Group said on Wednesday that it established a joint robotics research lab in collaboration with South Korea's top research institution...

Hyundai Motor Group said on Wednesday Hyundai Motor Co. ‘s IONIQ electric vehicles (EVs) and Kia Corp. ‘s EV9 have each been awarded 202...

Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...

Microsoft Corp. and KT Corp. plan to invest 2.4 trillion won ($1.8 billion) in South Korea’s artificial intelligence, cloud and infrastructure...

Korea Investment & Securities announced on Tuesday that it hosted analysts from Stifel Financial Corp. at its headquarters in Yeouido, Seoul, fo...

UIWANG, Gyeonggi Province – Hyundai Mobis Co., the world’s fifth-largest auto parts maker, plans to mass-produce a component that double...

South Korea's HD Hyundai Heavy Industries Co. said on Thursday it received Approval in Principle (AIP) for its 2,300-ton export submarine from the...

LG Electronics Inc. 's North American Innovation Center (LG NOVA) said on Monday that it held an Innovation Festival last Wednesday and Thursday at ...

LG Electronics Inc., the leading global home appliance maker, plans to invest more than 1 trillion won ($762 million) in its multitasking operating ...

South Korea's Kolon Industries Inc., the Kolon Group's chemical materials arm, will absorb its affiliate Kolon Glotech's automotive materials and pa...

LG Electronics Inc. said on Thursday that it signed a memorandum of understanding (MOU) with global office solutions company Ricoh to discover servi...

Samsung Heavy Industries, a leading South Korean shipbuilder, announced on Thursday that it has become the first in the Korean shipbuilding industry...

HD Hyundai Electric Co., a South Korean electric power distribution equipment manufacturer, will spend 120 billion won ($89 million) to build its th...

South Korean company Shinsung E&G said on Monday that it signed a contract to supply Ssangyong E&C with 12MW of solar modules. This marks ...

South Korea's HD Hyundai Electric Co. said in a regulatory filing on Friday that it signed a 66.2 billion won ($49.6 million) contract to supply pow...