new tech development

Kia Corp. has now revealed full images of the EV6, its first dedicated electric vehicle (EV), ahead of the car’s world premiere on Mar. 30. Th...

LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for its new models to b...

South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...

South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...

The Korea Investment Corporation (KIC) has named new heads of its private equity and absolute return groups this week, following the replacement of ...

Bain Capital has agreed to invest around 400 billion won ($360 million) in South Korea’s leading enterprise resource planning (ERP) software d...

South Korea’s Hyundai Motor Co. and steel giant POSCO have agreed to jointly develop technology that uses hydrogen instead of coking coal to p...

Netmarble Corp., a South Korean mobile game developer, has acquired a majority stake in Kung Fu Factory, a US independent game company, for an undis...

South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...

South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, will spend 80% of its 2020 operating profit, or 547.8 billion ...

South Korea-based Celltrion Inc. has alluded to the possibility of developing a COVID-19 vaccine on the grounds that securing a vaccine is essential...

Hanwha Solutions Corp. plans to raise 1.41 trillion won ($1.3 billion) in a rights offering next month following more than a five-fold jump in its s...

The Korea International Trade Association (KITA) is expected to begin the appointment process for its new chair this week. South Korean conglomerate...

Back in 2019, SKC Kolon PI, a maker of industrial film, was put up for sale as the company’s two largest owners thought the business’s g...

Coupang Corp., 37% owned by SoftBank Group, is set to become the first Korean company to list directly on the New York Stock Exchange, with its valu...

Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...

South Korean entertainment companies are expanding their scope beyond the music scene and shifting to platform services, ushering in new valuations ...

The ruling Democratic Party’s push to hand out "a substantial amount" of new relief money has rattled the South Korean debt market, sending lo...

Brisk investment demand drove office building prices higher in Seoul and its southern neighboring area last year, with their combined transactio...

The National Pension Service has decided to invest in a $20 billion technology fund that Silicon Valley-based Silver Lake Partners recently closed, ...

Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...

Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...

A slate of new sport utility vehicles are driving up Hyundai Motor Group's market share in the US, where its two automaking units have relied on sed...

Germany-based online food delivery service Delivery Hero SE will sell off its prized South Korean business, Yogiyo, the country's second-largest...

As the stock markets around the globe took a wild ride amid the pandemic in 2020, ample liquidity led to plenty of fresh records in the initial publ...

D.CAMP, South Korea's largest non-profit foundation for startups, is on the lookout for domestic tech startups with the potential to go big in glo...

Hyundai Motor Group has carried out a massive reshuffling among its key affiliates, with members of Chairman Chung Euisun's inner circle promoted ...

Chief executives of banks operating in South Korea have picked the emergence of big technology companies and fintech startups in the credit market a...

SK Holdings Co., the holding company of South Korean conglomerate SK Group, has become the first Korean company to foray into the targeted protein d...

South Korea’s Public Officials Benefit Association (POBA) will select a new global real estate investment trust (REIT) management firm to inve...