new year business plans

South Korea's LG Chem Ltd. announced on Wednesday that it launched its homegrown new drug for osteoarthritis Synovian (marketed in China as Hyruan O...

South Korean biopharmaceutical company Lotte Biologics Co. said on Wednesday it is aiming for 1.5 trillion won ($1.1 billion) in annual sales by 203...

South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LCC), for 105.6 billio...

South Korea’s leading mobile carrier LG Uplus Corp., which is set to unveil its first artificial intelligence chip by the end of this year, ai...

Kia Corp. announced on Tuesday that it has transformed the exhibition booth located near Gate H in the departure area of ​​the third floor of Incheo...

POSCO Group, South Korea’s No. 1 steelmaker, has set an ambitious goal of quadrupling its operating profits and doubling revenue by 2030 with ...

South Korea's AhnLab Inc. announced on Monday that it launched an integrated corporation named AhnLabCloudMate to oversee its cloud operation and ...

South Korea’s headline inflation stayed in the 2% range for the third straight month in June after its slowest rate of increase in 11 months, ...

South Korea's Kolon Group announced on Monday it launched a new advanced composite materials company Kolon Spaceworks.Kolon Spaceworks is being es...

SK Group, South Korea’s second-largest conglomerate after Samsung, is investing 106.4 trillion won ($77 billion) in artificial intelligence an...

Samsung Electronics Co. announced on Monday that its sales of the new Odyssey OLED gaming monitor series have surpassed 20,000 units in a month.&nbs...

Hyundai Mobis Co., the world’s sixth-largest auto parts maker, said on Friday it has merged its electrification and module divisions to stream...

The Korea Tourism Organization (KTO) announced on Friday that the number of foreign tourists visiting South Korea in May was 1.42 million, an increa...

South Korea’s homegrown web browser Whale, developed by Naver Corp., will be installed in Renault Korea cars. Naver Cloud announced on Friday...

South Korea is projected to reap more than $100 billion from selling the country’s consumer goods overseas this year. Exports of such products...

South Korea’s SK Hynix Inc. introduced a solid-state drive (SSD) for on-device artificial intelligence PCs for mass production this year, to e...

Shopee Pte. Ltd., an e-commerce operator, plans to quadruple sales of South Korean products in Vietnam and Thailand by 2025 aiming to expand its glo...

BUSAN – Hyundai Motor Co., South Korea’s top automaker, on Thursday premiered the Inster, an all-electric crossover city car, the latest...

South Korea’s Lotte Chilsung Beverage announced on Thursday that it plans to reduce plastic usage by 20% by 2030 by decreasing the weight of p...

Samsung Electronics Co. has developed new image sensors -- ISOCELL HP9, ISOCELL JN5 and ISOCELL GNJ -- expected to enable smartphones to take cleare...

Webtoon Entertainment Inc., South Korean tech giant Naver Corp.'s online comics platform, said on Thursday that it will raise $315 million by issuin...

South Korea's Shinhan Card Co. and the domestic internet bank KakaoBank Corp. said on Wednesday that they signed a business agreement to develop and...

POHANG, North Gyeongsang Province – POSCO, the world’s seventh-largest steelmaker, is set to significantly reduce emissions in the produ...

Now it’s official. Samsung Electronics Co. is hosting its next Galaxy Unpacked summer event in Paris on July 10.Samsung picked Paris as the ve...

Samsung Electronics Co. announced on Tuesday that the cumulative sales of its Bespoke refrigerator in the South Korean market have surpassed 3 milli...

South Korean private equity investments declined last year for the first time since 2016 due to interest rate hikes, high inflation and the Korean w...

SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate, is negotiating to sell a major asset of it...

Hyundai Mobis, the world’s sixth-largest auto parts maker, announced on Tuesday that it published the Sustainability Report 2024, which includ...

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, said on Tuesday it signed a 2 trillion won ($1.4 bil...

Doosan Co. is poised to raise up to 80 billion won ($58 million) in bond sales this week following its credit rating upgrade as the holding company ...