power facility operation

LG Chem Ltd. announced Tuesday it will set up a joint venture with Chinese mining company Zhejiang Huayou Cobalt Co. to secure a steady supply of ra...

Medipost Co., a South Korean biotechnology company, has acquired a 39.6% stake in OmniaBio Inc., a Canada-based cell and gene therapy contract devel...

South Korean robotics firm Hyundai Robotics Co. announced it signed a letter of intent for a business partnership with global telecommunications gia...

A total of four consortiums announced their bids for the government-run urban air mobility (UAM) program titled K-UAM Grand Challenge on Tuesday.&nb...

Citigroup Global Markets on Monday slashed its target price for Samsung SDI Co., one of South Korea's top three battery makers, by almost half and d...

Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone credit profile to non-i...

Hyundai Motor Group will invest 63 trillion won ($50 billion) in its domestic businesses through 2025 to strengthen its competitiveness in electrifi...

KT Cloud is working to raise 1 trillion won ($792 million) by issuing new shares. The cloud arm of telecom juggernaut KT Corp. plans to use the...

Iljin Materials Co., a South Korean supplier of electric vehicle battery materials, has put a majority stake up for sale, which is estimated at arou...

Tous les Jours, South Korea’s second-largest bakery franchise, is rapidly expanding its US business by attracting customers with greater varie...

South Korean President Yoon Suk-yeol will meet with his US counterpart President Joe Biden this Saturday for a summit meeting in Seoul. The two...

Some major South Korean institutional investors, including National Pension Service (NPS) and Korean Teachers’ Credit Union (KTCU), are set ...

KT Corp., a major South Korean telecommunications company, and its affiliates had the largest subscribers of the country’s pay TV services, ma...

The Hyundai Motor Group announced the conglomerate’s domestic investment blueprint on Wednesday. The backbone of the investment plan is to ma...

In the first three months of this year, LG CNS had the best performing first quarter in its history. The LG Corp. subsidiary set records for both re...

The South Korean government will launch a 1.6 trillion won ($1.3 billion) project to set basic standards for urban air mobility (UAM), or air taxi, ...

KKR & Co., a global private equity firm, is set to buy South Korean conglomerate SK Group’s industrial gas production facility at slightly...

Hyundai Motor Co. plans to build a liquefied natural gas-fueled power plant to secure a stable supply of electricity for its factories and embrace t...

South Korea’s incoming administration seeks to export 10 nuclear power plants by 2030 as President-elect Yoon Suk-yeol pledged to rescind the ...

South Korean conglomerate LS Group is eyeing the growing electric vehicle industry and the markets derived from it. The group announced the lau...

South Korea’s consumption and capital expenditures fell last month although production rebounded, government data showed, indicating the momen...

LG Electronics Inc., the world’s top home appliances maker, expects business conditions to deteriorate in the second quarter amid higher costs...

SK Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...

Doosan Enerbility Co., South Korea's major power plant builder, will participate in a nuclear power plant in the US as a key equipment supplier for ...

South Korea’s SK Earthon Co., an energy and petroleum unit of SK Innovation Co., and Malaysia's Petroleum Sarawak Exploration & Production...

LG Chem Ltd. has become the first South Korean company to buy renewable energy on a long-term basis as part of an effort to make a full switch to re...

Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...

Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...

South Korea’s incoming government plans to extend the service life of eight more nuclear power plants than originally planned as President-ele...

KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...