new US foundry head

South Korea's top travel and accommodation platform Yanolja Inc., backed by SoftBank, was on Thursday named as the preferred buyer of a majority sta...

South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the ...

Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts as to whether the e...

North Korea put on one of its largest displays of missiles at an event at which dictator Kim Jong Un said Pyongyang couldn’t trust r...

Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...

Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean descendent CEO to lead ...

KKR & Co. has secured the exclusive negotiating rights to buy SK E&S Co.'s new preferred shares worth 2.4 trillion won ($2 billion), which t...

LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...

Samsung Electronics Co. caught its global semiconductor competitors off guard last week at the Samsung Foundry Forum 2021 with its announced plan to...

Hyundai Heavy Industries Group will deploy more than half of its new hires of R&D in future growth areas such as hydrogen, self-driving vessels,...

SILICON VALLEY – One of the things that have drastically changed the business environment in the pandemic era is the prevalence of companies t...

The new Mercedes-Benz C-Class is equipped with LG Electronics Inc.’s advanced driving assistance system (ADAS) camera module, helping the Sout...

Samsung Electronics Co. said on Thursday it will be able to commercialize a 2-nanometer transistor process technology by 2025 to take on bigger foun...

The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...

The unprecedented global chip shortage is thwarting automakers’ plans to roll out new vehicles, with some popular models set to be delivered t...

SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...

South Korea's first-generation e-commerce platforms, which have been around since the 1990s, are rushing to sell off their businesses as their valua...

South Korea's main stock index has fallen below the psychologically important 3,000 points for the first time in nearly seven months, with investors...

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...

Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...

South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...

SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...

If you own Hyundai Motor Co.'s latest premium electric crossover, the GV60, set for roll-out next month, you can just touch the handle and show your...

Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...

Shares of South Korea’s top automaker Hyundai Motor Co. have fallen to their lowest level in nine months, bucking the trend of its global peer...

South Korean steel giant POSCO has hired Stephen Biegun, former US deputy secretary of state, as its adviser for its American business.POSCO America...

BTS will travel to Los Angeles in November for its first live concert since the outbreak of the COVID-19 pandemic. BTS said on Sept. 28 on its offic...

DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion...

SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...

Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...