new US foundry head

Samsung SDI Co. plans to set up an electric vehicle (EV) battery plant in the US, joining South Korean battery producers’ move to gain ground ...

A consortium led by Oshkosh Defense and Hanwha Defense Co. has been named a contender for the design of a US Army war vehicle that will replace...

South Korean media company CJ ENM Co. is using Samsung Electronics Co.’s new commercial displays for a virtual production studio to spearhead ...

Hanwha Defense Co. has been named a contender for the design of a US Army war vehicle that will replace around 3,500 M2 Bradley vehicles that have b...

Samsung Electronics Co., the world’s largest TV maker, will launch the much-anticipated QD-OLED TV in the first half of next year, while expan...

Kookmin Bank, South Korea's largest lender, will provide a $100 million loan to finance a solar power project led by US-based investment firm ECP as...

South Korea’s major drugmakers such as Celltrion Inc., Samsung Bioepis and Dong-A St are going for broke to release biosimilars of Stelara, Jo...

Shares of SK Materials Co., the industrial gas manufacturing affiliate of South Korea’s SK Group, are hovering around all-time high levels ami...

South Korea’s major power plant builder Doosan Heavy Industries & Construction Co. will further invest in NuScale Power LLC, a US small mo...

SK Materials Co., SK Group’s industrial gas manufacturing arm, will set up a joint venture (JV) with a US battery materials startup Group14 ...

Samsung Electronics Co., the world’s largest TV maker, is launching an upgraded model of The Wall, a large-size modular MicroLED display produ...

South Korea’s major companies are rushing to secure cash to fund new business. Some have sold or securitized property, while others issued n...

South Korea's largest travel platform Yanolja has raised 2 trillion won ($1.7 billion) from the Masayoshi Son-led SoftBank Vision Fund II, marking t...

South Korea's Hana Alternative Assets Management Co. is estimated to have achieved an annualized return of 9.83% from the $51.5 million mezzanine lo...

South Korea’s biotechnology companies are releasing polymerase chain reaction (PCR) kits and equipment to detect COVID-19 infections within an...

Samsung Electronics Co., the world’s second-largest image sensor maker, is courting industry leader Sony Corp. with its new line of automotive...

Samsung Electro-Mechanics, a South Korean electronic components maker, aims to expand its business in the booming electric vehicle (EV) parts market...

SK Hynix Inc. has kicked off mass production of its 8 Gigabit (Gb) LPDDR4 mobile DRAM chips based on the 1a nanometer (1anm) node, according to the ...

Ssangyong Motor Co., the debt-ridden South Korean unit of India’s Mahindra and Mahindra Ltd. now in court receivership, has decided to sell it...

Indonesia's online grocery platform HappyFresh will receive another $33 million from South Korean investors, including the Asian startup fund of Nav...

Jeju Air Co., South Korea’s largest low-cost carrier (LCC), seeks to raise some $175 million in new shares to boost its capital base, raising ...

South Korea-based grocery delivery platform Oasis Corp., referred to as Oasis Market, has attracted 50 billion won ($44 million) from global private...

South Korea’s LG Electronics Inc. expects to post significant revenue growth in its home appliance business in the second quarter, driven by p...

Samsung Electronics Co. and South Korea’s leading solar panel maker Hanwha Q Cells Co. have joined hands to provide smart home energy solution...

Hyundai Motor Co. is set to invest $100 million in US-based electric vehicle battery startup SolidEnergy Systems (SES) to obtain next-generation tec...

LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, is investing 100 billion won ($88 million) in Kakao Mobil...

Hyundai Motor Group’s auto units posted all-time high sales in the first half of 2021 in the US market. According to the industry on July 2, H...

The Korea Investment Corporation (KIC) will gradually increase alternative investments such as venture capital, private equity and debt, and infrast...

South Korea's initial public offering market in July is expected to see its largest-ever amount of share issues for a single month, worth over 8 tri...

South Korean corporate bond markets are set to suffer from shrinking liquidity as institutional investors are turning cautious and refraining from m...