LG Electronics to venture into food waste disposer market

LG Electronics Inc., the world's largest home appliance maker, will foray into the food waste disposer market in the first quarter of 2025, heraldin...

Korean food appliance makers witness K-food fever in Europe

VIENNA –  South Korea's small cooking appliance and beauty product makers gained certitude of their product quality and were convinced of...

Lotte Card launches long-term rental car card in Vietnam

South Korea's Lotte Card Co. launched a long-term car rental exclusive card in Vietnam to expand its presence in the local market.Its Vietnamese s...

S.Korea's Daesang holds kimchi contest in US

South Korea's Daesang Corp. said on Monday it hosted the "Jongga Kimchi Blast" event in the US to promote kimchi and elevate Korean food culture.&...

Korea’s LG CNS, DN Solutions seek billions of dollars via Jan IPOs

LG CNS Co., DN Solutions Co. and other South Korean companies aim to raise billions of dollars through domestic initial public offerings (IPOs) in J...

Lotte to liquidate rubber JV in Malaysia, sell overseas assets for $1 bn

South Korea’s No. 2 petrochemical manufacturer Lotte Chemical Corp. plans to liquidate its rubber joint venture in Malaysia to scale back its ...

Korean food makers set sights on Europe with vegan, sugar-free offerings

PARIS – South Korean food companies such as Pulmuone Corp., Lotte Wellfood Co., Ottogi Corp. and Maeil Dairies Co. are gearing up for their ex...

Samsung named as most ultimate brand by FutureBrand

Samsung Electronics Co. was selected the Most Ultimate Brand 2024 by the UK-based global brand marketing and consulting company. According to t...

Lotte Duty Free renews Tokyo Ginza Store

South Korea's Lotte Duty Free reopened its Tokyo Ginza Store in Tokyu Plaza Ginza on Wednesday after a complete renovation. This is the company's ...

Korean pension funds to up private equity exposure in 2025

South Korea's major pension and savings funds see no drastic reshuffle to their portfolios tilted to private debts next year. But they are looking t...

LG Electronics releases World Food Day campaign

LG Electronics Inc. said on Tuesday that it will display World Food Day on outdoor billboards in Times Square, New York, and Piccadilly Circus, Lond...

Paris Baguette opens 600th overseas store in Canada for global expansion

Paris Baguette opened its 600th overseas store in Toronto, Ontario, as the leading South Korean bakery brand is rapidly expanding its global busines...

Lotte Shopping to set up Singapore holding firm, eyes its IPO

Lotte Shopping Co., South Korea’s leading retail company, will transform its special purpose company (SPC) in Singapore into a holding firm to...

Lotte Hotels & Resorts to upcycle used PET bottles

South Korea's Lotte Hotels & Resorts said on Friday that it will collaborate with Lotte Chilsung Beverage and Lotte Chemical Corp. to establish ...

Samsung to cut chip executive jobs, restructure in battle versus SK Hynix

Samsung Electronics Co. plans to drastically cut its chip executive jobs and restructure semiconductor-related operations as it struggles to compete...

Lotte chief bets on K-food boom for global expansion

Lotte Group, a multinational retail-to-chemical business empire, is seeking to ride the growing popularity of Korean food to achieve its global expa...

Lotte Fine Chemical, Colorcon sign $740 mn distribution agreement

Lotte Fine Chemical Co., a subsidiary of South Korea's Lotte Chemical Corp., said on Monday that it signed a global distribution agreement with the ...

S.Korea’s reshoring companies pale amid lack of support, incentives

Reshoring, or a corporate U-turn to the home country from an overseas location, has been the global trend since the outbreak of the COVID-19 pandemi...

Sambark LFT rebranded as Lotte Engineering Plastics

Sambark LFT Co., a plastic materials producing unit of Lotte Chemical Corp., has changed its name to Lotte Engineering Plastics Co., the company sai...

CJ CheilJedang to provide dumplings for Qantas Airways’ in-flight meals

CJ CheilJedang Corp. expands its K-food territory with Australia's largest airline.CJ CheilJedang announced on Tuesday that it will introduce Bibigo...

Lotte Energy, Isu Petasys to co-work on HVLP copper foil supply

South Korea's Lotte Energy Materials Corp. said on Monday that it signed a memorandum of understanding (MOU) last Friday with Isu Petasys regardin...

Korean ramen makers set sights beyond US to Latin America

Nongshim Co. and Samyang Foods Co., South Korea’s two largest ramen makers, are ramping up production to create and meet demand for their spic...

Duty-free underdog Kyung Bok Kung outshines Lotte, Shilla

Kyung Bok Kung Duty-Free Co., a lesser-known travel retailer, has bucked the trend of South Korea's sluggish duty-free retail industry on a downward...

Pulmuone to boost K-food boom in China with gimbap

Leading South Korean food company Pulmuone Corp. is poised to crank up the K-food craze in China, the world’s second most populous country, wi...

Lotte Home Shopping, Asahi to cooperate on health functional food biz

South Korea's Lotte Home Shopping signed an exclusive agreement with Japan's Asahi Group Foods to supply and sell health functional food ingredients...

Lotte Wellfood, Topper Guild to co-work for Pepero Day promotion

South Korea’s Lotte Wellfood Co. said on Wednesday it partnered with the US YouTuber Topper Guild to promote Pepero  Day.Pepero Day, cele...

Lotte to restructure bio business to focus on CDMO

South Korea’s retail-to-chemical conglomerate Lotte Group will restructure its bio business to focus on the profit-making medicine bio develop...

Lotte to foster Pepero as global brand by 2035: Chairman Shin

Lotte Group has selected Pepero — a thin chocolate-covered stick cookie — as the first brand that it will foster into one of the world&r...

No Korean firms make it onto Korea’s top five mobile games list

No South Korean game titles developed by domestic game developers made it onto the list of the country’s top five mobile games last month, ind...

Lotte Energy completes pilot plant for solid-state battery electrolyte

Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, has completed a pilot plant for the production of sulfide...