loss making

Hyundai Motor Co. has unveiled the "Avante N1 Cup Car," which will be introduced in the 2024 season of the largest one-make race event in South Kore...

Digital assets are important components of change in the infrastructure investment landscape today and are as essential as water and electricity, ex...

SK Hynix Inc., the world’s No. 2 memory chipmaker, on Thursday reported its fourth straight quarterly loss, but narrowed the shortfall thanks ...

LG Display Co. said on Wednesday it will likely turn a profit in the fourth quarter of this year, snapping its losing streak of the past six quarter...

LG Uplus Corp., South Korea’s mobile and broadband service provider, has released the prototype of its first electric vehicle charger to make ...

Toray Advanced Materials Korea Inc. (TAK) broke ground on its new facility for carbon fiber production in Gumi, North Gyeongsang Province on Monday,...

South Korean shipbuilder Samsung Heavy Industries on Tuesday revealed its latest invention Special Structure Anti-Container Loss (SSA-CL), using its...

Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Wednesday it likely posted a 78% drop in it...

South Korean chemical and food company Samyang Corp. has begun developing eco-friendly and lightweight parts for electric vehicles (EV) by expanding...

South Korea’s LG Energy Solution Ltd., one of the world’s largest battery makers, is in talks with Indian steel-to-energy conglomerate J...

SK Chemicals Co., a South Korean plastic materials producer, is in exclusive talks with Seoul-based Glenwood Private Equity to sell its pharmaceutic...

South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...

Samsung Electronics Co. announced on Wednesday that it is conducting research in collaboration with the University of Michigan to enhance fitness fe...

Chey Tae-won, chairman of South Korea’s second-largest conglomerate SK Group, has vowed to turn the industrial city of Ulsan, where SK’s...

South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, refuting false reports swirling in the m...

South Korea’s top waste management company SK Ecoplant has joined forces with Netspa, a Busan-based startup for recycling waste fishing nets, ...

National Pension Service (NPS) of South Korea achieved a 9.1% return on investment during the first half of this year, with assets under management ...

Some South Korean institutional investors may see significant losses on their investment in a hotel in the heart of New York as the developer has de...

South Korea's JW Pharmaceutical announced on Monday that its experimental hair loss drug, JW0061, has been selected for a two-year funding program b...

The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, is poised to give investment experts full rights ...

Starbucks “The Yeosu Dolsan DT” in South Korea embodies the business philosophy of its founder and former Chief Executive Howard Schultz...

Artificial intelligence (AI) is now on everyone’s lips, and the shipping and shipbuilding industries are no exception to this global phenome...

South Korea’s Lotte Chemical Corp. has divested all shares it owns in Chinese joint venture Lotte Sanjiang Chemical Co., according to people f...

South Korea’s Hyundai Steel Co. has sold its subsidiary in Chongqing, China to further scale back Chinese operations as it loses ground to low...

 South Korea’s Lotte Chemical Corp. has posted an operating loss for a fifth straight quarter due to sluggish petrochemical demand.The co...

South Korea’s top automaker Hyundai Motor Group said on Thursday it has partnered with legendary chip architect Jim Keller to jointly develop ...

LG Chem Ltd. has embarked on a new technology development to produce cathodes without precursors in a bid to slash battery manufacturing costs and m...

South Korea's LG Chem Ltd. will produce the nation's first homegrown six-in-one vaccine for infants, something that the country is entirely reliant ...

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) is slated to acquire STX Heavy Industries Co. to make large engines for small-to-mid-siz...

South Korea's chemical and green energy company OCI has entered the battery materials market by landing a supply contract for key raw materials for ...