Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel

Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel

South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designe...

Korea: Underrated as seat of commercial arbitration

Korea: Underrated as seat of commercial arbitration

South Korean companies prefer seats of arbitration in other countries over domestic ones to resolve disputes even for the cases that could be settle...

Samsung SDS unveils supply chain solution in US

Samsung SDS unveils supply chain solution in US

South Korea's Samsung SDS Co. introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Fl...

SK Hynix looks to expand AI memory leadership with new NAND chip

SK Hynix looks to expand AI memory leadership with new NAND chip

South Korea’s SK Hynix Inc. aims to expand its memory leadership in the artificial intelligence sphere beyond the high-performance DRAM segmen...

Blackpink label YG to sell drama production unit

Blackpink label YG to sell drama production unit

K-pop sensation Blackpink’s label YG Entertainment Inc. is slated to sell 60% of its drama production subsidiary Studioplex later this year, t...

Qcells launches commercial operations at new plant in Georgia, US

Qcells launches commercial operations at new plant in Georgia, US

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells in overseas markets, ha...

Kia unveils teaser images for all-electric EV3

Kia unveils teaser images for all-electric EV3

Kia Corp. the second-largest automaker in South Korea, unveiled the first teaser images and video of the upcoming third all-electric sports utility ...

Samsung sets up team to win AI chip deal from Nvidia

Samsung sets up team to win AI chip deal from Nvidia

Samsung Electronics Co., the world’s top memory chipmaker, established a team for a billions-of-dollars high-bandwidth memory chip supply deal...

Doosan Enerbility to export nuclear plant equipment to Romania

Doosan Enerbility to export nuclear plant equipment to Romania

South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it won a contract with Canadian nuclear reactor manufacturer Candu ...

Hanwha Systems to build Jeju Hanwha Space Center

Hanwha Systems to build Jeju Hanwha Space Center

South Korea's Hanwha Systems Co. announced plans on Monday that it plans to establish the Jeju Hanwha Space Center in Jeju Special Self-Governing Pr...

Korea’s factory output backpedals, but spending recovers in March

Korea’s factory output backpedals, but spending recovers in March

South Korea’s factory activity weakened in March on a fall in manufacturing output, stoking concerns about Asia’s fourth-largest economy...

S.Korea’s KT to innovate media, content businesses with AI

S.Korea’s KT to innovate media, content businesses with AI

South Korea’s telecom giant KT Corp. is set to innovate its media and content businesses with artificial intelligence as it seeks new growth d...

KT&G faces $2 bn damages suit over heated tobacco invention

KT&G faces $2 bn damages suit over heated tobacco invention

KT&G Corp., the world’s fifth-largest tobacco maker, is facing a $2 billion damages suit from a former employee who claimed the South Kore...

SK Networks establishes AI lab in Silicon Valley

SK Networks establishes AI lab in Silicon Valley

South Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology development organizati...

K-pop: Pros and cons of HYBE's multi-label system

K-pop: Pros and cons of HYBE's multi-label system

Disputes between HYBE Co. and its label behind popular girl group NewJeans has made headlines as an almost unheard-of conflict in the K-pop industry...

Hanwha Ocean’s Q1 turnaround brightens earnings outlook

Hanwha Ocean’s Q1 turnaround brightens earnings outlook

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, turned to the black in the first quarter powered by increasing sales of higher-end ...

Qcells inks US solar modules, power plants deal with TGC

Qcells inks US solar modules, power plants deal with TGC

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group also known as Qcells in overseas market...

S.Korea’s IBK, Japan’s Mizuho Bank agree on $218-million committed line

S.Korea’s IBK, Japan’s Mizuho Bank agree on $218-million committed line

South Korea’s state-run Industrial Bank of Korea (IBK) has agreed on a 300 billion won ($218 million) committed credit line with Japanese lead...

BMW to support Korean automotive startups at new R&D center

BMW to support Korean automotive startups at new R&D center

German luxury carmaker BMW Group is set to support South Korean automotive startups in their overseas expansion as it on Monday opened a new researc...

POSCO-Pilbara JV delivers 1st order of lithium hydroxide

POSCO-Pilbara JV delivers 1st order of lithium hydroxide

South Korea’s top steel group POSCO has shipped lithium hydroxide, a rechargeable battery’s key raw material produced jointly with Austr...

HD Hyundai Oilbank kicks off biodiesel mass production

HD Hyundai Oilbank kicks off biodiesel mass production

HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, started mass production of biodiesel to expand its eco-friendly energy b...

LG to double global built-in appliance sales to $722 mn

LG to double global built-in appliance sales to $722 mn

MILAN, ITALY – LG Electronics Inc. eyes 1 trillion won ($722 million) in global built-in appliance sales in three years by winning the hearts ...

Doosan, LG unveil automated EV charger served by robot

Doosan, LG unveil automated EV charger served by robot

Doosan Robotics Inc. and LG Electronics Inc. have jointly developed an automated electric vehicle charger served by a robot and launched its pilot o...

Korean kimchi makers spur production in US, Australia

Korean kimchi makers spur production in US, Australia

South Korean top food makers such as CJ CheilJedang Corp. and Daesang Corp. are expanding their kimchi factories overseas to meet growing demand for...

Shinsegae's baseball team on the rise: SSG Landers

Shinsegae's baseball team on the rise: SSG Landers

Many professional sports teams are not profitable as they incur significant operating costs to secure star players and run related facilities while ...

Manyo’s Pure Cleansing Oil to hit US Costco shelves in July

Manyo’s Pure Cleansing Oil to hit US Costco shelves in July

South Korea’s naturalism cosmetics company Manyo Co. has hit the jackpot in a deal to supply its best-selling face cleansing product, Pure Cle...

POSCO DX to develop self-driving unmanned facilities

POSCO DX to develop self-driving unmanned facilities

POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Thursday that it signed a memorandum of unde...

Samsung to produce 290-layer V9 NAND to win chip stacking war

Samsung to produce 290-layer V9 NAND to win chip stacking war

Samsung Electronics Co., the world’s largest memory chipmaker, is set to begin mass production of 290-layer ninth-generation vertical (V9) NAN...

Korea leads global online shopping trend for used luxury goods

Korea leads global online shopping trend for used luxury goods

South Koreans are leading the trend of buying used luxury goods online with top-end products such as Rolex watches and Hermes bags among the hottest...

Doosan unveils advanced CCL lineup at US IT equipment exhibition

Doosan unveils advanced CCL lineup at US IT equipment exhibition

South Korea's Doosan Corp. announced on Tuesday that it will showcase its high-end copper-clad layer (CCL) lineup, applicable to memory, system semi...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal