long term growth

Profitable South Korean startups succeeded in fundraising despite an economic downturn as investors sought stable earnings from companies with clear...

Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...

Samsung Electronics Co., the world's largest memory chip and smartphone maker, is set to launch its first robot later this year to care for the elde...

South Korea's shipbuilding exports this year are expected to jump 76.1% from last year to $32.4 billion to lead all major manufacturing industries i...

Hyundai Motor Group Chairman Chung Euisun has vowed to turn the South Korean automotive giant into a state-of-the-art tech company to lead the pack ...

South Korea's companies expect both sales and exports this year to decline in the 1% range from last year, predicting economic growth in the low 1% ...

The Hyundai Motor Group is aiming to boost sales by 10% this year from 2022, above an estimated single-digit growth in the global automotive market....

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is set to invest 59 billion won ($46.4 million) in South Korean...

South Korea on Monday implemented tougher quarantine measures on arrivals from China like a PCR test for COVID-19.Thus quarantine authorities requir...

Hyundai Motor Group, South Korea’s top automaker, plans to consider building an assembly plant for electric vehicles and internal combustion e...

South Korea's artificial intelligence company Sapeon has completed a technology demonstration of its semiconductor SAPEON X220 on "Virtual Try-On," ...

South Korea's National Pension Service (NPS) has expressed disagreement with telecom giant KT Corp.'s decision on Dec. 28 to tap its current CEO Ku ...

South Korea’s electronics-to-battery conglomerate LG Group expects its received orders for auto components to reach over 500 trillion won ($...

South Korea’s telecom giant KT Corp. has named current chief executive Ku Hyeon-mo the sole candidate for its next CEO during a board meeting ...

South Korea's telecom giant KT Corp. on Tuesday said it launched a communication platform service (CPasS) that integrates and manages communication ...

T'way Air Co. launched a new flight route linking Incheon with Sydney, Australia, embarking into the long-haul flight sector.T'way said on Sunday ...

South Korea’s confectionery and snack maker Orion Corp. is enjoying rapid growth in Vietnam, thanks to brisk sales of the Choco-Pie, a chocola...

South Korea’s Lotte Engineering & Construction Co. said on Dec. 22 it is considering building vertiports on the rooftops of its retail aff...

Technocrats dominated the management of South Korea’s top 10 business groups, as technical specialists with deep understanding of business too...

LG Uplus Corp., the third-largest mobile carrier in South Korea, is improving its user experiences as well as accelerating new businesses such as pl...

South Korea's bio industry last year exceeded 20 trillion won ($15.4 billion) in production for the first time and continues to see strong growth.Th...

Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Wednesday it has signed a deal to sel...

LG Group, South Korea’s fourth-largest conglomerate, set up new research and development units at key affiliates to seek future growth engines...

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is drastically cutting costs while maintaining investments in f...

South Korea's financial authorities have decided to increase the size of the Fintech Innovation Fund from 500 billion won($379 million) to 1 trillion ...

Korea's exports of agricultural and food products in the first 11 months of this year hit a record high.The Ministry of Agriculture, Food and Rural ...

South Korea’s headline inflation hit a seven-month low in November as rises in agricultural and petroleum product prices slowed, adding to exp...

South Korea’s exports reported a decline for a second straight month in November on sluggish semiconductor sales, darkening the outlook for As...

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...