new US foundry head

South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....

South Korean online marketplace operators are struggling to attract investors amid deteriorating profitability and the financial turmoil facing dome...

Vessl AI, a South Korea-native MLOps platform-operating startup, is envisioning a takeoff in the US next year after building a concrete client base ...

Samsung Electronics Co., the world’s top memory chipmaker, is expected to benefit from Nvidia Corp.’s delays in shipping AI chips, as gl...

South Korea's kimchi exports surged to an all-time high for a six-month period in the first half of this year, according to data from the Korea Agro...

South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distributio...

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Friday the release of a new Hillstate brand film titled "Wha...

South Korea’s Hyundai Motor Co. saw sales of the hybrid version of its flagship Tucson SUV hit an all-time monthly high in July in the US, the...

Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup offering a security ...

SK On Co., the world’s fifth-largest battery maker, on Thursday reported a record quarterly loss on the prolonged weakness in the electric veh...

It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his firs...

South Korea's NHN Corp. unveiled a new corporate identity (CI) on Thursday in celebration of its anniversary and announced that it would be uniforml...

South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...

LG Electronics Inc. announced on Wednesday that it will operate the "Wow Life's Good Lab" pop-up zone at Ground 220 in Yeongdeungpo-gu, Seoul, until...

South Korea's Toss Securities will establish a subsidiary in New York, the US to to expand its overseas business. The company announced on Tues...

NCSOFT Corp., a South Korean game developer, said on Tuesday it has made an early stage investment of $3.5 million in Swedish game startup Moon Rove...

Korea SMEs and Startups Agency (KOSME) announced on Tuesday that it held online and offline marketing and buyer meetings in partnership with CJ Oliv...

South Korea’s Orion Corp. announced on Monday that it is strengthening its collaboration with the Institute of Agro-Biology, the Vietnam Natio...

South Korean sovereign wealth fund Korea Investment Corporation (KIC) has shortlisted three candidates as the next chief executive officer, who will...

Kim Bong-jin, a former chairman and CEO of Woowa Brothers Corp., operator of South Korea’s No. 1 food delivery app Baedal Minjok — Baemi...

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a memorandum of understan...

Hyundai Motor Co. posted its strongest quarterly results in the second quarter, with brisk sales of high-margin models such as hybrid cars and sport...

South Korea's Taihan Cable & Solution Co. announced on Thursday that its US sales subsidiary T.E.USA has secured a long-term contract worth 190 ...

Southeast Asia-based e-commerce platform Qoo10 Pte.’s units in South Korea delayed seller payments as industry sources said the online shoppin...

South Korean biotech Huons Global Co. said on Tuesday that its research and development unit Huonslab has issued a domestic patent claiming a techno...

South Korea’s largest biosimilar maker Celltrion Inc. said on Tuesday that its third plant in Sondgo, west of Seoul, is undergoing process val...

South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has joined hands with the University of Michigan-Ann Arbor (UM) a...

South Korean manufacturers are increasingly moving abroad as the country's electricity bills are hovering about 30% higher than those of major eco...

Goldman Sachs Group Inc. said on Monday that it has appointed Ahn Jae-hoon, former managing director at Morgan Stanley & Co. LLC as country co-h...

Kia Corp., South Korea’s No. 2 carmaker after sister company Hyundai Motor Co., is racing ahead in the sports utility vehicle (SUV) and electr...