weak luxury demand

SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...

South Korea's digital solutions provider SK C&C will open a master’s degree program at Yonsei University in Seoul to develop experts in di...

South Korea’s Samsung Electronics Co. has narrowed its market share gap with foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), pos...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to raise vehicle shipping rates considering the sharp rise ...

CJ ENM Co., South Korea’s entertainment and e-commerce giant, has launched the domestic fashion brand Barneys New York, a luxury department st...

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

South Korea’s exporting companies are increasingly feeling the heat as its top export market China is sounding alarm bells over the world&rsqu...

South Korea's Kiwoom Securities on Tuesday said it cut its third-quarter earnings forecast for Samsung Electro-Mechanics due to continued sluggish...

Some South Korean institutional investors may see significant losses on their investment in a hotel in the heart of New York as the developer has de...

Italian luxury brand Gucci gave up the throne to French fashion powerhouse Chanel in the South Korean used designer goods market as more customers a...

South Korea’s BC Card on Sunday said it has applied for two domestic patents for payment receipt-based non-fungible token (NFT) technology to ...

SK Hynix Inc. saw its DRAM chip shipments significantly increase in the second quarter, leading the industry’s overall revenue rebound, market...

LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...

LS e-Mobility Solutions Co., a power transmission parts maker, has won a 250 billion won ($187 million) deal to supply electric vehicle (EV) parts...

Hyundai Motor Co. is preparing to ramp up the production of its two popular SUV models Tucson and Palisade at its South Korea-based plants to meet g...

Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...

Samsung Electronics Co.'s latest models of its flagship Galaxy series of smartphones, watches and tablets have begun hitting the shelves of the comp...

South Korea’s LS Cable & System on Thursday announced additional investment of 155.5 billion won ($117.5 million) in its plant in Donghae,...

SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...

Samsung Electronics Co. solidified its position as the world’s top smartphone vendor by volume in the second quarter, widening its sales gap w...

South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...

Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...

South Korea is seeing a gradual decline in the open run, or the practice of customers standing in line before a brand's opening at a department stor...

A growing number of South Korean companies – from battery materials makers to power facilities builders – are jumping into the waste bat...

South Korean tire manufacturers enjoyed healthy earnings thanks to strong global demand for electric vehicles and new cars adding to expectations th...

Hyundai Steel Co., South Korea’s second-largest steelmaker, plans to ramp up automotive and eco-friendly steel production after posting an ope...

SK Hynix Inc. reported an operating loss in the second quarter of this year, extending its losing streak to three consecutive quarters and inflating...

Refining margins at South Korea’s four oil refiners, led by SK Innovation Co., have exceeded their break-even points after three months, a sig...

FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 billion won ($151 mil...

South Korea's Aekyung Industrial announced on Tuesday that its sales on the US e-commerce platform Amazon in the first half of this year increased...