net sales

LG Electronics Inc. has mandated South Korea’s largest law firm Kim & Chang as the legal advisor for its smartphone division sale, accor...

Financial investors in South Korea's No. 1 food delivery app Baedal Minjok (Baemin) are set to exit in the first quarter of this year, closing t...

The sale process for Doosan Infracore Co. is gaining traction after it won a legal dispute with financial investors over a case involving the top So...

Hyundai Motor Co. and its sister firm Kia Motors Corp. are emerging as preferred sport-utility vehicle brands in India, as one in every two SUVs sol...

Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...

Korea Resources Corp. is planning to sell its 82.25% stake in a coal mine in Australia, as part of efforts to cut its debt totaling 6.7 trillion won...

E-commerce giant eBay Inc. has officially kicked off the sale process of eBay Korea Co., valued up to 5 trillion won ($4.6 billion), with its sa...

A South Korean consortium led by construction firm Dongbu Corp. has been picked as the preferred negotiator to buy a controlling stake in cash-strap...

Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...

SK Holdings Co., the holding company of South Korean conglomerate SK Group, aims to be at the forefront of the country's hydrogen ecosystem as part ...

South Korea’s LG Chem Ltd. has officially launched its battery affiliate, LG Energy Solution, to carve out a greater share of the increasingly c...

E-Mart Inc., one of South Korea’s largest retailers, saw its annual wine sales exceed 100 billion won ($90.3 million) for the first time as ...

Samsung Electronics Co. shares have soared to a historic high, driven by foreign investors scooping up a total net 2.6 trillion won ($2.3 billion) wor...

South Korea's stock market is seeing a shift in buying trends from foreign investors who are increasingly beefing up investments in cyclical stocks wh...

KPMG, one of the Big Four accounting firms, plans to become a net-zero carbon organization by 2030, joining the global effort to reduce greenhouse gas...

SK Hynix Inc. is on track to record its highest sales from its non-memory chip business this year after the world’s second-largest DRAM memory c...

Wellkeeps Co., a South Korean mask manufacturer, has issued an information memorandum to potential buyers including financial investors and strategic ...

South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...

South Korea-based private equity firm H&Q has begun the sale process for JobKorea, the country's largest job portal estimated to be worth up to $7...

SK Hynix Inc. has vowed to triple its NAND flash memory sales within five years, buoyed by its recent acquisition of Intel Corp.’s NAND memory a...

Shares of South Korea’s three leading electric vehicle battery makers surged Tuesday, on strong electric car sales in Europe and expectations th...

LG Electronics Inc.’s quarterly operating profit and sales surged thanks to solid growth in its television and home appliance segments and small...

South Korea’s largest internet portal Naver Corp.’s third-quarter net profit nearly tripled, while its sales rose to a record high, driven...

Samsung Electronics Co.’s third-quarter operating profit rose to its highest level in two years on firm demand in smartphones and memory chips, ...

Lotte Group has indefinitely postponed its plan to list Lotte Rental Co., in the latest sign of a cooldown in the local initial public offering market...

The three children and the wife of Samsung Group Chairman Lee Kun-hee, who died on Oct. 25 at the age of 78, is expected to face inheritance taxes of ...

The Korean Teachers' Credit Union (KTCU) has secured returns nearly four times its $37.6 million investment in the US cloud-based platform provider El...

LG Electronics Inc. expects its operating profit to rise to a quarterly record in the July-September period thanks to solid growth in its television a...

South Korean automakers’ share of the US passenger car market has risen to its highest level in nine years, boosted by brisk sales of sport util...

Hyosung Group, a South Korean textile and chemicals conglomerate, is accelerating efforts to sell assets and list major subsidiaries on the local bour...