new industries

South Korea’s shipbuilding industry is slowly emerging from its rocky cycle of ups and down in recent years, thanks to a recovery in the global ...

On Jul. 21, SK Holdings Co.'s board of directors rejected management's request to simplify the reporting procedure for investment proposals. Among the...

Shares of LG Chem Ltd. surged on Oct. 22 as investors snapped up the electric vehicle battery maker on Tesla Inc.’s record quarterly earnings, a...

South Korea’s LG Display Co. and US-based StudioLAB have entered a three-year partnership that will combine the local display maker's innovative...

South Korea’s M&A market may reconsider leveraged buyouts due to the Supreme Court’s remanding of the case involving Sun Jong-koo, the...

LG Chem Ltd. has developed the world's first 100% biodegradable material that can replace plastic as the company moves to take the lead in the global ...

Hyundai Motor Co. is taking the lead in the South Korean government drive to push the hydrogen economy as one of the country’s new growth engine...

Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...

South Korea’s seven-member boy band BTS has had many firsts over the years. They were the first Korean band to perform at the legendary Wembley ...

Brookfield Asset Management Inc. will collect around 700 billion won ($610 million) from South Korean institutional investors for its second infrastru...

Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...

The 1994 film “Leon,"  known as “The Professional” in the US, became an iconic film portraying an unlikely friendship betwe...

The South Korean government said on Sept. 21 that it will triple the size of the country’s green biotechnology industry over the next decade and...

Samsung Electronics Co. has secured a deal to manufacture Qualcomm Technologies Inc.’s new mobile application processor for 5G smartphones, the ...

Daelim Industrial Co., a major South Korean builder, is splitting into three firms -- a holding company and two affiliates -- as the company seek...

Doosan Heavy Industries & Construction Co. has begun fresh talks with potential buyers for construction affiliate Doosan Engineering & Constru...

Share prices of Hanwha Solutions Corp. and other Hanwha Group units are being re-rated as the companies shift their business focus to the green energy...

The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...

Doosan Heavy Industries & Construction Co. Ltd., the debt-ridden South Korean power plant builder, is set to wrap up the first round of its debt r...

The production of fuel-cell tanks is in full swing at Iljin Composites' factory, a restricted area tightly guarded with strict identification controls...

Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...

Hanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co.’s new Asia b...

The South Korean government, which recently decided to allow holding companies of conglomerates to run corporate venture capital (CVC) units, needs to...

Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...

Naver Webtoon has become the industry's first to post over 3 billion won ($2.5 million) for daily paid-content as of August 2, breaking its own r...

My Real Trip, Korea’s leading online travel platform, has received 43.2 billion won ($36 million) in funding from domestic and overseas investor...

South Korean institutional investors have become the world's first group of investors in a fund related to the Federal Reserve's new Term Asset-B...

Hyundai Motor Group has reached a tentative agreement to build the country’s biggest test-driving center at a new tire testing facility of Hanko...

Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...

Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...