Korea EV cell makers unveil new products to expand market

South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...

Hyundai Const. Equipment unveils new BI, slogan at CONEXPO 2023

Hyundai Construction Equipment Co., a construction equipment subsidiary of HD Hyundai Co., announced on Thursday the release of its new brand identi...

Samsung raises Rainbow Robotics stake, eyes management control

Samsung Electronics Co. is looking to own a controlling stake in Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant h...

Korea Ginseng Corporation opens new R&D center in California

Korea Ginseng Corporation (KGC), a leading producer of Korean ginseng products, said on Wednesday that it has opened a new research and development ...

Hansol Paper develops eco-friendly packaging with Samsung Welstory

Hansol Paper Co., South Korea's largest general paper company, on Wednesday said it signed a business agreement with Samsung Welstory, a food and be...

South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea said on Wednesday it will create the world’s largest semiconductor cluster near Seoul by attracting 340 trillion won ($261 billion...

LG Electronics showcases new products in Dubai

LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...

Samsung SDS acquires Korea’s No. 1 procurement SCM company

Samsung SDS Co., the information technology service unit of South Korea's Samsung Group, has acquired a 33.39% stake in Emro Inc., Korea's top suppl...

Once a videotape maker, Cosmo reborn as battery materials firm

Cosmo Advanced Materials & Technology Co., once the world’s largest video and cassette tape maker, has transformed into a money-making man...

Samsung Electronics establishes new LSI chip research center in Japan

Samsung Electronics Co. has established a new semiconductor research center in Japan, combining two existing research and development institutes int...

Qoo10 to buy another Korean rival for unit’s Nasdaq listing

Southeast Asia-based e-commerce platform Qoo10 Pte. Ltd. is poised to take over a smaller South Korean rival through a stock swap deal, in a bid to ...

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...

S.Korean sovereign wealth fund KIC to set up Mumbai office

Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...

Samsung SDI to showcase solid-state battery tech at InterBattery 2023

South Korea's leading secondary battery maker Samsung SDI Co. has announced its participation in Korea's largest battery exhibition, InterBattery 20...

Samsung chief Lee vows bold investment to bolster chip R&D capabilities

Samsung Electronics Co. Chairman Jay Y. Lee pledged another bold investment in the world’s largest memory chipmaker’s next-generation se...

Samsung suspends business with select software partner companies

Samsung Electronics Co. has recently “suspended transactions” with select software partner companies through regular auditing, with arou...

Samsung Electronics unveils new flagship soundbar

South Korean electronics giant Samsung Electronics Co. said on Monday that it has launched a new premium soundbar model for 2023, featuring technolo...

SK Networks renames its EV charger unit to SK Electlink

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...

Ssangyong E&C wins contract for building ASML Korea campus

Ssangyong Engineering & Construction, a South Korean builder, said on Monday that it has secured a 200-billion-won ($170-million) contract to co...

LG Chem mulls shuttering in-vitro diagnostics business

LG Chem Ltd. is considering an exit from the in-vitro diagnostics market to focus more on novel drug development as it lagged its smaller local riva...

Samsung SDS to offer customized cloud services

Samsung SDS Co. is ready to offer easy-to-use, customized cloud storage services to help its clients' digital transformation, its Chief Executive Hw...

Samsung Chairman Jay Y. Lee pledges more anonymous donations

“I want to actively participate in volunteer work but it isn't easy because my face is known.”Samsung Electronics Co. Chairman Jay Y. Le...

Korea to raise young chip engineers for Samsung, SK Hynix

South Korea plans to nurture more youths specialized in semiconductors at high schools to ease the worsening shortage of high-skilled workers at d...

Samsung's Neo QLED selected as Best Gaming TV by Consumer Reports

Samsung Electronics Co.'s Neo QLED was recently awarded "Best Gaming TV" by Consumer Reports, a leading American consumer magazine. The magazine tes...

Samsung, Arm partner Gaonchips eyes US as next offshore base

Gaonchips Co., a long-term Samsung Electronics Co’s chip design house partner that also works with British fabless chip company Arm Inc., will...

System on chips: Samsung’s new high-stakes foundry business

Samsung Electronics Co. is setting its sights on system on chips (SoCs) to continue to drive growth in its foundry business amid a protracted slowdo...

Kyochon F&B opens new store at Kuala Lumpur Airport

South Korea's fried chicken chain Kyochon F&B is spreading its wings in Malaysia, where it has recently opened a new store at the bustling Kuala...

LG ups ante to counter Samsung's OLED TV return; expects profit in Q1

LG Electronics Inc. has released its highest-ever number of new organic light-emitting diode (OLED) TV models in a bid to maintain its supremacy in ...

LS Electric unveils smart factory solutions

South Korea’s LS Electric Co. on Wednesday said it has unveiled its future factory automation solutions for the digital transformation era at ...

S.Korea's builders diversify biz portfolios to waste battery, other sectors

South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...