Korean PE VIG Partners soaks up shampoo brand Kundal’s growth
South Korean private equity firm VIG Partners is enjoying rapid growth of The Skinfactory Co., the maker of local shampoo and body wash brand Kundal...
S.Korean Keumsil Strawberries exports to SE Asia
"Keumsil," one of South Korea's representative strawberry varieties, has been exported to Southeast Asia. Jinju City in South Gyeongsang Province an...
South Korean bio, pharma industry set to take leap
South Korea’s chemical maker LG Chem Ltd. is expected to reap more than 1 trillion won ($768.5 million) in sales this year from its new growth...
KAI participates in Dubai Airshow 2023
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Tuesday that it has participated in the "Duba...
Samsung Elec, Naver tie up for smart building business
Samsung Electronics Co., the world’s largest memory chipmaker, and Naver Corp., South Korea’s online giant, have joined hands to develop...
Korea Post resumes kimchi delivery to US
South Korea's state-run postal service agency Korea Post announced on Monday it resumed Express Mail Service (EMS) for shipping kimchi all over the ...
Automotive supplier Hanon Systems delivers Q3 earnings shock
South Korea's Hanon Systems Corp., a world-leading heat pump systems maker for automobiles, on Thursday reported worse-than-expected results in the ...
LG Energy, SK On to delay battery JVs with Ford as demand slows
South Korea’s leading battery makers are postponing their plans to start operations of their joint ventures with Ford Motor Co. as the growth ...
Kkanbu Chicken opens first overseas store in Philippines
South Korea's chicken franchise Kkanbu Chicken opened its first overseas branch in Manila's Solaire Resort.According to the company on Tuesday, the ...
Naver posts record Q3 sales, profit on e-commerce
South Korea’s web portal giant Naver Corp. on Friday posted record sales and operating profit in the third quarter, driven by robust sales gro...
Naver Webtoon seizes 150 illegal overseas sites
South Korea’s Naver Webtoon announced on Thursday it shut down 150 illegal overseas sites, which unauthorizedly posted more than 80 webtoons i...
Korea Investment, Carlyle Group sign strategic partnership
Korea Investment & Securities Co. announced on Friday it has signed a strategic partnership with Carlyle Group, one of the world's leading priva...
S.Korea’s ModaModa unveils new hair darkening shampoo
South Korean haircare brand ModaModa launched its second-generation hair darkening shampoo "ModaModa Zero Gray Black Shampoo" on Thursday. Prev...
Xexymix launches pop-up store in Shanghai BFC Mall
South Korea's media and e-commerce company Brand X Corp. announced on Wednesday its activewear brand Xexymix has opened a pop-up store at the BFC Ma...
ESTsoft, LG Energy sign AI human education program contract
South Korea's AI service specialist company ESTsoft Corp. announced on Tuesday it has signed an education content supply contract with LG Energy Sol...
Tesla supplier L&F to ink $15 bn materials deal in Europe
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., is set to sell products in Europe through an estimated $15 bi...
NJ certifies Taihan Cable as major power grid supplier
South Korean fiber optic cable manufacturer Taihan Cable & Solution Co. on Thursday said it has been certified as a major power grid supplier by...
Tesla supplier L&F's precursor unit begins IPO process
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., has embarked on a process to list its subsidiary in the local...
Ably's amood to support K-fashion's expansion into Japan
South Korean fashion commerce platform Ably Corp. announced on Wednesday its Japanese shopping platform amood starts a one-stop service for domestic...
Tous Les Jours overseas stores surpass 400
CJ Foodville, the food subsidiary of South Korea's CJ Group, announced on Tuesday that its bakery brand Tous Les Jours has expanded its global footp...
SK to invest in S.Korean company for bio jet fuel materials
SK Group, South Korea’s energy-to-semiconductor conglomerate, is set to invest in a local renewable energy ingredient provider for stable proc...
LG Elec’s early-stage startup investments in US fare well
LG Electronics Inc.'s early-stage investments in US tech startups will likely generate decent returns as they have raised additional funding at high...
HiteJinro to build first overseas soju plant in Vietnam
South Korea's leading soju maker HiteJinro Co. on Monday unveiled its plan to build a plant in Vietnam. HiteJinro Singapore confirmed a lease a...
KCC opens US refinish color center
South Korean chemical and auto parts maker KCC Corp. opened its first overseas refinish color center in the US. According to the company's anno...
Overseas trips top pre-pandemic levels during Chuseok holiday
The number of South Koreans who spent this year’s six-day holiday of Chuseok abroad exceeded pre-pandemic levels, indicating a recovery in the...
Foreign tourists can use Kakao Taxi in S.Korea
South Korea’s Kakao Mobility announced on Thursday that it has started integrating its taxi service app Kakao T with overseas apps. Foreign to...
Korean language demand creates new overseas markets for startups
South Korean language startups are expanding their business in overseas markets with their local tongue through generative artificial intelligence, ...
Celltrion signs largest-ever quarterly deal with global sales affiliate
Celltrion Inc., a South Korean biopharmaceutical giant, said Monday it will provide biosimilars worth 423.6 billion won ($323.6 million), its larges...
High price, quality issues slow Kia EV9 sales in Korea
Kia Corp., South Korea’s No. 2 automaker, is struggling to sell its flagship large all-electric sport utility vehicle EV9 at home as high pric...
Shinhan Card collaborates with Singapore Air
Shinhan Card announced on Thursday that it has launched the "Singapore Airlines KrisFlyer the Best Shinhan Card" through a strategic partnership wit...
