profitable growth

SAN FRANCISCO – SK Inc.,  the investment and holding company of South Korea’s SK Group, expects significant growth in its biopharma...

South Korea’s central bank on Friday raised interest rates by a quarter point to 3.5%, while signaling a further cut in its economic growth fo...

South Korea’s battery material exports more than doubled to exceed overseas sales of electric vehicle cells last year, helping the country&rsq...

South Korean stocks are gaining momentum at the beginning of the new year as foreigners have turned net buyers on expectations of China's border reo...

Saudi Arabia’s Public Investment Fund (PIF) and Singapore’s sovereign wealth fund GIC have agreed to invest a combined $964 million in K...

Profitable South Korean startups succeeded in fundraising despite an economic downturn as investors sought stable earnings from companies with clear...

Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...

South Korean battery maker LG Energy Solution Ltd. posted its largest-ever profit in 2022, driven by strong sales after its US joint venture with Ge...

Korea Hydro & Nuclear Power Co. and its parent company Korea Electric Power Corp. are in discussion with Westinghouse Electric Corp. to share pr...

Samsung Electronics Co., the world's largest memory chip and smartphone maker, is set to launch its first robot later this year to care for the elde...

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, posted its worst quarterly operating profit in eight years on F...

Naver Corp.’s business-to-business (B2B) services provider Works Mobile Co. posted its first-ever profit in 2022, driven by a surge in Japanes...

South Korea's shipbuilding exports this year are expected to jump 76.1% from last year to $32.4 billion to lead all major manufacturing industries i...

South Korea's Kolon Mobility Group has been launched with Lee Kyu-ho, the great grandson of the Kolon Group founder Lee Won-man, as co-CEO. Formerly...

Hyundai Motor Group Chairman Chung Euisun has vowed to turn the South Korean automotive giant into a state-of-the-art tech company to lead the pack ...

South Korea's companies expect both sales and exports this year to decline in the 1% range from last year, predicting economic growth in the low 1% ...

The Hyundai Motor Group is aiming to boost sales by 10% this year from 2022, above an estimated single-digit growth in the global automotive market....

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is set to invest 59 billion won ($46.4 million) in South Korean...

Naver Corp. and Kakao Corp., South Korea’s two leading online platforms, will put on hold acquisition-oriented growth strategies and instead p...

The South Korean won was expected to stay weaker than levels for corporate profits this year as the local currency was likely to stay under pressure...

Hyundai Motor Group, South Korea’s top automaker, plans to consider building an assembly plant for electric vehicles and internal combustion e...

LS Cable & System Ltd. has decided to give up the round wire business to concentrate on higher-value-added products used in electric vehicles (E...

South Korea’s electronics-to-battery conglomerate LG Group expects its received orders for auto components to reach over 500 trillion won ($...

South Korea’s confectionery and snack maker Orion Corp. is enjoying rapid growth in Vietnam, thanks to brisk sales of the Choco-Pie, a chocola...

South Korea’s Lotte Engineering & Construction Co. said on Dec. 22 it is considering building vertiports on the rooftops of its retail aff...

South Korea’s budget airlines are facing growing competition with foreign carriers on profitable international routes with the reopening of ai...

Poongsan Corp., South Korea’s top copper processing company, is expected to benefit as China’s exit from the zero-COVID policy bolstered...

CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, on Monday announced the launch of an animal medicine unit and entry into the market f...

Technocrats dominated the management of South Korea’s top 10 business groups, as technical specialists with deep understanding of business too...

South Korean corporate debt ratio rose to a six-year high in the third quarter as sales growth and profitability fell, darkening the outlook for Asi...