sales increase

South Korea’s top automaker Hyundai Motor Group on Monday set out its vision to be a top-tier eco-friendly auto brand with its focus on electr...

South Korea’s exports last year hit a record on strong sales of key products such as semiconductors, automobiles and petrochemicals.Exports su...

Affinity Equity Partners has chosen Goldman Sachs as its adviser for the planned sale of its entire stakes in Burger King’s operations in Kore...

MG Korean Federation of Community Credit Cooperatives (KFCC) will gradually increase its alternative investment proportion from the current early 30...

South Korea’s major display panel maker LG Display Co. is estimated to have sold more than 20 million units of organic light-emitting diode (O...

Global memory chipmakers, including market leader Samsung Electronics Co., expect the current industry downcycle to be shorter than expected, with v...

South Korean SK Biopharmaceuticals Co. launched its epilepsy treatment Cenobamate in the UK, rapidly expanding the company’s presence in Europ...

Cosmax East, which owns and manages Cosmax’s business in China in its entirety, has announced plans to seek listing on the Korea Stock Exchang...

Credit Suisse Group AG has appointed two South Koreans as new managing directors (MD) for its Seoul office. Shim Jong-min and Kim Sei-won were promo...

Hyundai Motor Group’s major auto brands have won a record number of top global awards and industry accolades this year in recognition of its e...

Starbucks Korea's sales are on course to exceed 2 trillion won ($1.7 billion) this year, the largest-ever annual revenue for a coffee franchise oper...

US-listed chipmaker Magnachip Semiconductor Corp. and Chinese private equity firm Wise Road Capital terminated their $1.4 billion buyout agreement...

In August, a Morgan Stanley report on the semiconductor industry, “Winter is coming,” fueled debate on whether chip prices were peaking ...

South Korea’s wage growth in the third quarter hit its highest point in three and half years, adding to inflationary pressure in Asia’s ...

Car prices will likely rise sharply next year alongside the industry shift from combustion engine models to electric vehicles as automakers prepare ...

Japanese companies operating in South Korea are making a comeback after being hit hard by a campaign that began in mid-2019 to boycott Japanese prod...

Halla Group’s newly-launched autonomous driving solutions subsidiary HL Klemove targets 4 trillion won ($3.4 billion) in revenue by 2030 by ac...

Hyundai Motor Co.’s premium car brand Genesis and its affiliate Kia Corp. have logged record sales in the US so far this year, helping Hyundai...

KTB Network Co., South Korea's first-generation venture capital firm, priced its public offering price at the bottom of the guidance range as the re...

Japan's Aeon Co. has received preliminary bids for its wholly-owned subsidiary of Ministop Korea, which is estimated at around 200 billion won ($170...

Samsung Electronics Co. is supplying one of its latest advanced chips to Volkswagen AG for the German carmaker’s in-vehicle infotainment syste...

Last week, a piece of non-fungible token art by digital artist Jang Koal was sold for more than 3.5 bitcoin or around 200 million won ($168,314) on ...

CVC Capital and Goldman Sachs Principal Investment Area (PIA) are among the shortlisted investors in South Korea's over-the-top (OTT) streaming serv...

Korea Scientists and Engineers Mutual-Aid Association (SEMA), one of the fastest-growing retirement pension fund in South Korea, will increase inf...

Samsung Electronics Co. has officially announced its plan to build a $17 billion chipmaking plant in Taylor, Texas, as the tech giant aims to overta...

Hyundai Motor Co. has unveiled an electric variant of the GV70, a premium SUV under its standalone Genesis brand, for the first time globally at a C...

Mirae Asset Global Investments Co. announced on Nov. 15 that its operating profit and net profit for the first three quarters came in at 312.4 bil...

South Korea’s pharmaceutical giant Celltrion Inc. has won final approval for its COVID-19 treatment Regkirona from the European Commission, a ...

“The South Korean stock markets have barely risen since early this year, while the markets in Japan and Taiwan are hitting highs. I believe Ko...

South Korea's Doosan Group is near finalizing a deal to sell Doosan Engineering & Construction Co. (Doosan E&C) to a consortium led by Seoul...