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...
LG, Hyundai seek to deepen vehicle system partnership
LG Group units, including LG Electronics Inc. and LG Innotek Co., are in talks with Hyundai Motor Group to expand collaboration on vehicle systems, ...
Korean startup CEOs away from home lead global expedition
South Korea’s promising startup founders, who normally double as chief executive officers for their companies, are leaving their home turf to ...
F&B chain operator TheBorn Korea eyes IPO in 2024
South Korea’s leading food and beverage group TheBorn Korea Inc., which operates 25 restaurant and café chains in domestic and global m...
Hyundai Wia targets Chile's advanced arms market
Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...
Korea's M&A market poised to bounce back after bleak Q1
South Korea’s mergers and acquisitions market is poised to bounce back after a bleak first quarter, with 22.3 trillion won ($16 billion) worth...
SoftBank-backed Balancehero still hungry for bigger market
In India, the world’s most populous country, about 1.2 billion people are estimated to have no credit score because most are unbanked, meaning...
Bubble tea chain Gong Cha struggles in its top market of Korea
Global leading bubble tea franchise Gong Cha Global Ltd.’s South Korean affiliate, which owns the beverage chain’s Japanese and Taiwanes...
Kia to enter pickup truck market
Kia Corp., South Korea’s second-largest automaker, announced on Thursday its first pickup truck's name "The Kia Tasman."The name Tasman is der...
Won at 17-month low vs dollar on reduced US rate cut bets
The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...
Kia to enter emerging markets with its latest EV5 made in China
Kia Corp., South Korea’s second-largest automaker, plans to enhance its presence in emerging markets with the EV5 compact SUV, the company&rsq...
Korea’s 'Seven Tigers,' next hot stocks: Hyundai Motor Securities
Japan may have its Seven Samurai and the US its Magnificent Seven, but South Korea has "Seven Tiger" stocks thanks to the artificial intelligence ch...
Korea’s makgeolli market hits brakes amid whiskey fad
The market growth of South Korea’s traditional milky and often sweet rice wine, makgeolli, has slowed after the country’s younger genera...
Kumho Tire to supply premium tires to Jeep, Peugeot in Korea
Kumho Tire Co., South Korea’s No. 2 tire maker, announced on Tuesday that it will supply tires to 33 official service centers nationwide for J...
South Korean drone startups rush to join military drone race
South Korean drone-developing startups are rushing to join the race to develop military drones to meet growing demand for drones fit for combat oper...
Samsung Electronics stock likely to climb in Q2, analysts say
South Korean analysts have recommended investors buy Samsung Electronics Co. stocks as the world’s top memory chipmaker, which reported higher...
Korea’s LG telecom unit unveils AI agent with own technology
LG Uplus Corp., South Korea’s No. 3 mobile carrier, has introduced an artificial intelligence agent platform based on its own ixi AI technolog...
Korea’s Hansae MK targets global children’s fashion market
South Korean clothing retailer Hansae MK Co. selling National Basketball Association (NBA) apparel in the country aims to expand its presence with i...
Kia to boost hybrid lineup to lead eco-friendly car market
Kia Corp., South Korea’s second-largest automaker, plans to strengthen its hybrid lineup and launch cheaper electric vehicles to lead the glob...
Korean firms' bond sales hit record in Q1 amid rate cut signal
Corporate bond issuance in South Korea hit a record in the first quarter of this year amid growing expectations of the Federal Reserve’s rate ...
Samsung ups smaller OLED workforce to fend off Chinese rivals
Samsung Display Co., South Korea’s top screen maker, increased its workforce for smaller organic light-emitting diode (OLED) panels used for p...
Wavve to enter European, Oceanian OTT markets
South Korea's over-the-top (OTT) platform company Wavve announced on Wednesday that it plans to enter European and Oceanian OTT markets through it...
HD Hyundai Marine Solution aims for top spot in global ship repair market
When the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a ...
NPS sells shares in KT, making Hyundai the top shareholder
Hyundai Motor Group has become the top shareholder of South Korea’s leading mobile carrier KT Corp., after the country’s National Pensio...
Samsung to unveil 3D DRAM in 2025 to lead AI chip market
Samsung Electronics Co., the world’s top memory chipmaker, aims to introduce three-dimensional (3D) DRAM, a game-changer in the artificial int...
Fed rate cuts will be faster than market consensus: TCW
Investors tend to rush to fixed-income markets when recession risk rises. South Korean investors are no exception – retail investors have been...
Breezm lands in US with plan to open 100 stores in 5 years
Breezm, a South Korean startup making customized eyeglasses with artificial intelligence and 3D technologies, has opened its first offshore store in...
LG Energy, GM’s 2nd Ultium Cells plant begins production in Tennessee
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Tuesday that the second plant of Ultium Cells LLC, a joint venture ...
Korea, Japan lead Asia's buyout markets: MBK Partners
South Korea and Japan are the two most important markets for buyouts in Asia, and China is still a significant private market with potential for mid...
Samsung establishes HBM team to up AI chip production yields
Samsung Electronics Co., the world’s No. 1 memory chipmaker, recently set up a high bandwidth memory (HBM) team within the memory chip divisio...
