record-high sales revenue

South Korean e-commerce giant Coupang Inc. achieved record-high yearly revenue and operating profits for two consecutive quarters between July to De...

Kolon Plastics Inc. said on Tuesday that it has signed an agreement with Netspa, a South Korean recycling social venture, to jointly develop enginee...

South Korea’s leading battery materials maker L&F Co. said on Tuesday it has signed a $2.91 billion deal to supply cathode, a key electric...

Samsung Electro-Mechanics Co. has developed an advanced semiconductor substrate for autonomous driving, which is expected to drive the top South Kor...

Affinity Equity Partners has refinanced 170 billion won ($130 million) in debt borrowed to acquire Burger King’s operations in South Korea and...

Organic light-emitting diode (OLED) products account for over 30% of the global premium TV market, attesting to the technology's emergence as the st...

The Korea Advanced Institute of Science & Technology (KAIST) announced that it would embark on research into high-speed autonomous driving techn...

Hyundai Motor Group made an announcement on Thursday, saying that its major vehicles had been selected as the best models at the 2023 Editor's Choic...

LG Electronics Inc. this year has launched an all-out sales offensive for induction ranges and cooktops in the US, the world's leading market for pr...

South Korea saw its fertility rate, which has been already the world’s lowest in the past few years, hit its historic low of 0.78 last year, a...

Household loans in South Korea last year fell from 2021 for the first time in 20 years because of high interest rates, but credit card debt hit a re...

Korean Air Lines Co. has suspended a plan to revamp its mileage program after it drew harsh criticism from both its customers and government officia...

South Korea’s central bank said on Tuesday it regards the current interest rate as tight, suggesting the monetary authority may hold the polic...

China’s Contemporary Amperex Technology Co. (CATL), the leading global electric vehicle battery manufacturer, has started a price war in the w...

South Korea’s leading secondary battery equipment player Daebo Magnetic Co. is set to sell its owner family’s controlling stake of about...

South Korea’s chemicals-to-construction conglomerate Hanwha Group expects its high-stakes solar energy business to pay off amid industry forec...

Lexus, the premium brand of Japanese carmaker Toyota Corp., offers the best after-sales service among imported cars in South Korea, followed by Swed...

The semiconductor industry is reeling from a chip supply glut amid a broader global economic slowdown. However, as the saying goes, every cloud has ...

On Friday, KT Corp.'s customer service unit, KT CS, announced that its sales revenue for the previous year reached a record high of 591.6 billion wo...

HLB Therapeutics Co. announced Thursday that Sofjec, a syringe produced by its subsidiary Hwajin Medical, has been approved for sale by the US Food ...

South Korea's Lunit, an artificial intelligence (AI) medical software company, on Friday said its board meeting held on the previous day decided to ...

South Korea is set to attract global talent with high salaries for a planned government space agency as the country aims to boost long-term growth i...

Hanwha Solutions Corp. projects its operating profit for this year would exceed 1 trillion won ($778 million) on an anticipated solar energy boom in...

SM Entertainment Co., mired in conflict with its founder and former Chief Producer Lee Soo-man, is seeking to sell its shares in three key arms, wor...

A pharmaceutical company in Sudan set up by South Korea's POSCO International to find business opportunities in and make social contributions to the...

On Wednesday, SK Biopharmaceuticals Co. announced that its US subsidiary, SK Life Sciences Inc., held a "National Sales Meeting" in San Diego. The p...

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Wednesday it aims to achieve 3.83 trillion w...

Sovereign wealth fund Korea Investment Corporation (KIC) posted the largest annual loss last year since its inception in 2005, according to its 20...

LS Group’s plan to groom new growth engines from batteries to electric vehicles and semiconductors is set to gain impetus after South Korea&rs...

South Korea's EcoPro Co., a leading cathode supplier for global battery makers, is expanding its plant for raw materials used in secondary battery c...