Beauty markets in three NE Asian nations split into cheap, small luxury
The beauty markets of South Korea, China and Japan are split into cost-effective products of under $10 and "small luxury" items like premium perfume...
HD Hyundai Infracore to develop hydrogen gas turbine engine
HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of understanding (MOU) with...
LG Electronics sets up 1st global R&D center in Indonesia
South Korean home appliance giant LG Electronics Inc. opened its first overseas research and development center in Indonesia on Thursday to accelera...
GS E&C loses $230 mn market capitalization in one day
GS Engineering & Construction Co.'s stock price plummeted on Thursday in the aftermath of the underground parking lot collapse. Following the Mi...
S.Korea’s contents export size surpasses home appliances, textiles
South Korea's contents export size recorded $13.3 billion last year, surpassing the export values of home appliances ($8 billion) and textile produc...
Samsung faces scrutiny under new EU digital market rules
Samsung Electronics Co. is facing scrutiny by the European Union over its leading position in the internet browser market under the Digital Markets ...
Blackstone seeks medicine distributor sale for 1st Korea exit
Blackstone Inc. has embarked on the process of selling South Korea’s largest medicine wholesaler Geo-Young Corp., a deal estimated at up to $1...
S.Korea's Riiid enters Brazilian public education market
South Korean AI-powered edtech firm Riiid will enter the Brazilian public education market. The company announced on Wednesday that it has signed a ...
KPS to recycle waste batteries for Samsung Electronics
Segi Recycling Technology, aka Segi Retech, a secondary battery recycling subsidiary of South Korea's KPS Corporation, has entered the market for re...
Optimizing flexibility for fixed-income in new era: M&G
Fixed-income continues to offer an attractive entry point for investors with higher yields, declining inflation and the end of the interest rate hik...
Kyungdong Navien opens Mexican corporation
South Korea's leading heating systems manufacturer Kyungdong Navien said on Monday that it has opened a new overseas corporation in Mexico, marking ...
Hanwha Q Cells captures 35% of US solar module market
Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, retained its leading position in the US resid...
Samsung targets gaming market with dedicated online store
Samsung Electronics Co., the world’s second-largest smartphone maker, is looking to expand its presence in the lucrative global gaming market ...
Lotte Rental drops plan to enter Korea’s secondhand car sales market
Lotte Rental Co., South Korea’s largest car rental firm, has dropped its plan to enter the domestic used car sales market. Instead, it will st...
S.Korea's beauty platform Hwahae opens flagship store on TikTok
South Korea's mobile beauty platform Hwahae has opened a flagship store on TikTok (Chinese name Douyin). Hwahae's operator Birdview announced t...
LG sees $76 bn in 2023 vehicle system order backlog
The automotive electronics business is emerging as a new cash cow for South Korea’s LG Electronics Inc., a household name in the home applianc...
S.Korea exports halal-certified beef to Malaysia for 1st time
Halal-certified premium Korean beef Hanwoo was exported to Malaysia on Thursday, marking the culmination of seven years of quarantine negotiations f...
CJ Olive Young to develop inner beauty as new growth engine
South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...
JW Pharma unveils S.Korea's first homegrown hybrid incubator
South Korea's JW Pharmaceutical on Wednesday released three products from its new incubator brand Hi-Mammi.The company's rollout of hybrid and high-...
EVs lack luster in S.Korea’s secondhand car market
Electric vehicles suffered sharper price falls in South Korea’s secondhand car market this year, compared with combustion engine and hybrid ca...
Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years
South Korea’s top auto parts maker Hyundai Mobis Co. said on Tuesday it expects to begin mass production of its rollable vehicle display &ndas...
Kakao Mobility to develop mobility platform with Vietnam’s Phenikaa
South Korea's Kakao Mobility and Vietnam's Phenikaa Group have entered into a business agreement to foster technology collaboration within the mobil...
LG Electronics targets EdTech market in US
LG Electronics Inc. is showcasing a lineup of acclaimed products designed for the education sector at the International Society for Technology in Ed...
Hyundai Mobis overtakes Japan's Aisin on global auto parts market
South Korea's Hyundai Mobis has surpassed Japan's Aisin, its biggest competitor in auto parts excluding batteries, to break into the top five on the...
Samsung accelerates foray into fastest AI chip market
South Korea’s Samsung Electronics Co. is speeding up its efforts to penetrate deeper into the high bandwidth memory 3 (HBM3) market, an area i...
Heyday over for Amorepacific, LG Household in China’s beauty market
Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...
HD Hyundai Infracore targets eco-friendly equipment market
HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, is set to make inroads into the eco-friendly sector...
LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds
LG Chem Ltd. has begun mass production of high-nickel cathode materials made with a single crystal structure for the first time in South Korea, whic...
Hyundai Motor to take 1st crack at Korea’s used car market
South Korea’s top automaker Hyundai Motor Co. is entering the country’s used car market, whose entry by big companies has long been deni...
Samsung, LG fuel rivalry in global hospitality TV market
Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...
