sales increase

South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics unit to shore up its f...

South Korean fashion commerce platform Ably Corp. announced on Wednesday its Japanese shopping platform amood starts a one-stop service for domestic...

Brookfield Asset Management is seeking to sell off five-star hotel Conrad Seoul at more than 500 billion won ($369.5 million), tapping real estate i...

LG Electronics Inc.'s early-stage investments in US tech startups will likely generate decent returns as they have raised additional funding at high...

South Korea’s Samsung Display and LG Display Co. are locked in a fierce war for supremacy in manufacturing OLED panels for monitors amid boomi...

South Korea's Financial Supervisory Service (FSS) will fine the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and Bank BNP Paribas the large...

Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...

Kia Corp., South Korea’s No. 2 automaker, showcased new low-cost electric vehicles on Thursday to boost the slowing growth in clean automobile...

Cosmax Inc., South Korea's largest cosmetics manufacturer that specializes in original design manufacturing (ODM), announced on Thursday the establi...

BEIJING -- Hyundai Motor Co. is set to manufacture electric vehicles of Arcfox, a Chinese EV brand owned by BAIC Motor Corp., as the leading South K...

HDC Shilla Duty Free Ltd., the operator of The Shilla Duty Free Shop, said on Tuesday it has extended the contract to run cosmetics and perfume stor...

LG Electronics Inc., the leading global home appliance maker, reported better-than-expected quarterly earnings thanks to the strong automotive busin...

Lotte Wellfood Co., formerly Lotte Confectionery Co., has revised up this year’s Choco Pie sales forecast in India to 80 billion won ($60 mill...

South Korea’s petrochemical and steel companies, which mainly engage in business-to-business transactions, are opening or running a string o...

South Korea’s Lotte Chemical Corp. has sold its entire stakes in joint ventures with Chinese partners as the Korean company faces a supply glu...

Hyundai Motor Co. plans to ramp up the production of its compact sport utility vehicle Exter in India to capitalize on the void in the entry-level S...

SAN JOSE, California -- Samsung Electronics Co., the world’s top memory chipmaker, on Thursday unveiled the Exynos 2400, a new premium mobile ...

Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...

South Korea's Index of All Industry Production soared at its steepest pace in 30 months in August, driven by a resurgent semiconductor manufacturing...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest carmakers, enjoyed record September sales thanks to the popularity of their electri...

Samsung Electronics Co., the world’s top smartphone maker, is set to unveil a cloud gaming service for mobile devices as it seeks new profit s...

South Korea’s exports slowed their decline in September to their mildest drop amid a yearlong downturn, raising hopes for a recovery in Asia&r...

South Korea’s sole lab-grown diamond producer KDT Diamond Co. will build its first overseas production facility in India by early next year to...

South Korea's biopharmaceutical company Celltrion Inc. announced on Tuesday that it has secured approval from the Japanese Ministry of Health, Labou...

Celltrion Inc., a South Korean biopharmaceutical giant, said Monday it will provide biosimilars worth 423.6 billion won ($323.6 million), its larges...

The US has approved the import of Chinese-made solar panels using polysilicon from South Korea's green and energy company OCI Holdings Co.Pundits sa...

A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their purse strings on growin...

South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...

South Korea’s retail giant Shinsegae Inc. on Wednesday carried out one of its most drastic executive reshuffles, replacing chief executives of...

Around 45,000 sellers on South Korea's Naver Smart Store as of June raked in annual sales of 100 million won ($72,250) or more, or 7.9% of the overa...