Korea Investment, Sinar Mas to build data center in Indonesia

Korea Investment Real Asset Management Co. and Indonesian conglomerate Sinar Mas have set up a joint venture to build a hyperscale data center in a ...

SK Innovation-SK E&S merger gains shareholders’ nod

SK Innovation Co., South Korea’s largest energy company, has won majority support from its shareholders for a merger with its liquefied natura...

S.Korea's Asicland establishes Taiwan subsidiary

Asicland Co., South Korea's only design house contracted by TSMC, said on Monday that it launched a local subsidiary in Hsinchu, Taiwan.The Taiwan...

Samsung supplies LPDDR4X auto chip to Qualcomm, set for LPDDR5 deal

South Korean tech giant Samsung Electronics Co. said on Tuesday it has begun supplying its latest automotive chip, LPDDR4X, to Qualcomm Technologies...

Lotte Energy to supply copper foil to Samsung SDI-Stellantis JV

Samsung SDI Co., South Korea’s third-largest battery maker by battery usage, has picked Lotte Energy Materials Corp. as the exclusive supplier...

Kioxia’s TSE IPO: Boon for SK Hynix, bane for Samsung Electronics?

TOKYO – The planned initial public offering (IPO) of Japanese memory chipmaker Kioxia Holdings Corp. is expected to affect its bigger South Ko...

Samsung to offer 7 years of free Tizen OS upgrade for AI TVs

Samsung Electronics Co., the world’s top smart TV maker, plans to offer seven years of a free upgrade to its open-source smart TV operating sy...

Samsung’s new 2 nm foundry process to cut chip size by 17%

A new contract chipmaking technology, dubbed the backside power delivery network (BSPDN), will reduce the size of a 2-nanometer chip by 17%, compare...

Samsung tops S.Korean smartphone market with 76% share

In the second quarter of this year,  the market share of Samsung Electronics Co. in the South Korean smartphone market slightly increased, whil...

Stock-rich KCC's shareholdings exceed its market cap

KCC Corp., a paint and glass maker but better known as a white knight for South Korean conglomerates, holds more than 4 trillion won ($3 billion) wo...

BGF Retail’s CU looks beyond Kazakhstan deep into Central Asia

Kazakhstan, a Central Asian country 27 times the area of South Korea, did not have any modernized convenience stores until early this year.The count...

HD Hyundai Infracore to supply construction equipment to Saudi Arabia

South Korea's HD Hyundai Infracore Co. announced on Tuesday that it signed a contract to supply 100 excavators and wheel loaders to Saudi Arabia's l...

Samsung Electronics tops global TV sales in H1

Samsung Electronics Co. maintained its top position in the global TV market in the first half of this year, bolstered by robust sales of its newly i...

Fashion ODM Pond Group buys K-beauty retailer Most

Pond Group, a South Korean original design manufacturing (ODM) clothing company, said on Monday it has acquired Most Inc., a domestic beauty product...

Samsung to unveil industry’s highest-capacity eSSD in November

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil the industry’s highest-capacity enterprise solid-state dr...

CHA Healthcare incorporates Singapore's SMG as subsidiary

South Korea's CHA Healthcare Co., CHA Biotech's overseas medical business affiliate incorporated Singapore's SMG as a subsidiary. CHA Healthcare an...

Samsung's financial arms beat No.1 banking group KB in profit

Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a thre...

Naver Cloud takes the lead in Korea’s public AI business

South Korean online giant Naver Corp.'s cloud subsidiary is expanding its presence in the country’s public artificial intelligence market by w...

Samsung’s Circle to Search available on Galaxy A series to rival Xiaomi

Samsung Electronics Co. has been battling Apple Inc. in the high-end smartphone segment with its premium Galaxy S series packed with advanced featur...

Samsung's AI home appliances hit 1.5 mn units sold

Samsung Electronics Co. said on Thursday that its cumulative sales of AI-integrated home appliances have surpassed 1.5 million units as of July this...

LG Elec hosts OLED TV media art exhibition in Vietnam

LG Electronics Inc. held a media art exhibition, "The Future Becomes Now," at the heart of Vietnam's bustling metropolis Lotte Mall Westlake Hanoi.A...

Korea’s top landscaping firm Dawon to expand in SE Asia

South Korea’s Dawon Corporation aims to expand its business in Southeast Asia as it beat out major domestic builders such as Samsung C&T C...

South Korea’s job growth rises in July led by elderly workers

South Korea’s job numbers grew in July, led by new hires among those in their 60s and older in one of the world's fastest-aging countries. The...

Fire-plagued Mercedes uses Chinese cells for most EVs in S.Korea

Mercedes-Benz AG, a German luxury carmaker hit by an electric vehicle fire in South Korea, said most of its EV models in the country are equipped wi...

Samsung’s Monimo set to disrupt Korea’s financial app market

Samsung Group, South Korea’s most powerful business group, is poised to crack the country’s financial app market — now crowded wit...

Samsung, Trek Bicycle launch Ultra Riding Challenge

Samsung Electronics Co. said on Tuesday that it launched the Ultra Riding Challenge in collaboration with global bicycle brand Trek Bicycle, offerin...

TCL narrows gap with Samsung in premium mini LED TV segment

China’s TCL Technology, the world’s No. 2 TV maker, has been expanding its presence not only in the market for cheap LCD TVs but also in...

Korean shipbuilder Samsung Heavy resumes Asia push

Samsung Heavy Industries Co., a leading South Korean shipbuilder, is set to resume investments in its China-based facilities while considering launc...

Samsung launches wrapping ad on New York City tour buses

South Korea's Samsung Display Co. announced on Monday that it will launch a wrapping  advertisement promoting the excellence of Samsung OLED on...

Biotech stocks, foreigners’ top pick in Korea amid panic selling

Foreigners and institutional investors in the South Korean stock market picked biotechs as their favorite shares in hopes of a biopharma stock jump ...