new plants

Lotte Home Shopping Inc. announced Thursday the company will showcase Bellygom at a New York City exhibit next week, as part of a broader plan to gr...

The South Korean government has banned L&F Co., a battery materials maker, from building a new plant in the US amid a controversy over the Infla...

POSCO, the world’s sixth-largest steelmaker, is expected to need months to resume full operations of its typhoon-hit plant, which makes up a q...

Bank of America Corp. has appointed Korean American Mike Joo as its new head of North America global corporate and investment banking (GCIB), accord...

South Korea’s top automaker Hyundai Motor Co. will manufacture a hybrid version of its signature SUV, the Santa Fe, in Alabama, earlier than p...

Executives and major shareholders of South Korea’s listed companies will be obligated to disclose their share transaction plans at least 30 da...

South Korea’s leading tire maker Hankook Tire & Technology Co. has one business strategy that sets it apart from its local rivals: Build m...

DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...

PYEONGTAEK – Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it has put its new 30 trillion won ($22 bi...

SK Hynix Inc., the world’s second-largest memory chipmaker, will spend 15 trillion won ($11 billion) over the next five years to build a new m...

South Korea’s SK Ecoplant Co. signed an agreement on Monday to jointly develop a combined 2.6 gigawatt (GW) offshore wind power project in Kor...

The world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co., decided to shut down t...

LG Electronics Inc. announced Monday it has launched its very own non-fungible token (NFT) platform, LG Art Lab. Now available in the United St...

SEOUL—Russia’s invasion of Ukraine has created an opportunity for North Korea, which has strengthened its ties with Moscow and beco...

As South Korea is serious about hosting the World Expo 2030, the country’s top business leaders will be given new roles: Leading the governmen...

South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp....

Hyundai Motor Co. is on track to develop a revamped model of its hydrogen fuel car NEXO, its chief executive said on Wednesday, as the South Korean ...

LG Chem Ltd., South Korea’s chemicals giant, is set to build the world’s largest single-line carbon nanotube (CNT) manufacturing plant i...

The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...

Hankook Tire & Technology Co., South Korea’s top tire maker, will invest $1.6 billion to more than double its output in the US, the world&...

South Korean tech giants Samsung and LG are increasing their amount of electronic products made from recycled materials. The companies will showcase...

Samsung SDI Co., the world's sixth-largest battery maker, is set to push forward the start of its plant construction in the US by two months in resp...

South Korea’s POSCO Holdings has built a rechargeable battery recycling plant in Poland, in line with Europe’s tougher regulations on ba...

Chief executives of South Korea’s No. 2 conglomerate SK Group are overhauling their action plans to implement the “financial story&rdquo...

Korea Hydro and Nuclear Power Co. (KHNP) has received a 3 trillion won ($2.25 billion) order to construct turbine islands under the El-Dabaa nuclear...

Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...

Lotte Group, South Korea’s fifth-largest conglomerate, is set to boost the global sales channels of some 200 Korean small and medium-sized ent...

South Korea’s Samsung C&T Corp. is set to build solar power plants worth 800 billion won ($595.2 million) in Qatar, helping the Middle Eas...

South Korea is planning to set up a new subsidy policy for electric vehicle purchases, which will be commensurate to the EV makers’ after-sale...

South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...