DS division

Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, is creating a new division tasked with working out future ...

LG Electronics Inc., the leading global home appliance maker, has actively separated new business organizations into independent in-house entities, ...

LG Electronics Inc., the leading global home appliance maker, reported better-than-expected quarterly earnings thanks to the strong automotive busin...

SK Chemicals Co., a South Korean plastic materials producer, is in exclusive talks with Seoul-based Glenwood Private Equity to sell its pharmaceutic...

A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their purse strings on growin...

Samsung Electronics Co. has conducted an internal reshuffle by opening a future technologies office to discover “non-existent” technolog...

Foldable phones will likely account for one-third of Samsung Electronics Co.'s domestic sales of its flagship Galaxy smartphone series this year, le...

Samsung Electronics Co.'s Device Solutions (DS) division and Samsung Display Co. will participate in the future mobility show "IAA Mobility," which ...

Kia Corp. has brought a former Stellantis N.V.’s commercial vehicle specialist on board for its purpose-built vehicle (PBV) business in Europe...

CJ CheilJedang Corp., the South Korean food giant with more than 200 operations worldwide, has streamlined its organizational structure to facilitat...

South Korean auto powertrain and seat maker Hyundai Transys announced on Monday that it has won the Winner prize at the "2023 Red Dot Design Award."...

SK Telecom Co. beat market expectations for its first-quarter earnings thanks to its robust non-telecom businesses and vowed to continue to bolster ...

The home appliance division of LG Electronics Inc. posted its largest ever quarterly profit in the January-March period, exceeding the 1 trillion wo...

Macquarie Asset Management, part of Australian investment bank Macquarie Group, is set to buy Loca Mobility Corp., Lotte Card Co.’s subsidiary...

Samsung Electronics Co., the world’s largest chip producer, will go all out to expand its robotics business, Vice Chairman and Co-CEO Han Jong...

South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...

KT DS, an IT service arm of South Korea's KT Group, said on Thursday that its Internet-of-Things (IoT) solution Smart-X has passed the oneM2M certif...

SKC Inc., a South Korean chemical materials company under SK Group, is seeking to buy semiconductor and rechargeable battery materials companies in ...

Capital-impaired companies can now receive government R&D support as long as they prove their research capabilities.The Ministry of SMEs and Sta...

The Korea Fair Trade Commission (KFTC) on Tuesday said it will open a division specifically for reviewing global M&As given the recent growth of...

Poongsan Corp., South Korea’s top copper processing company, is expected to benefit as China’s exit from the zero-COVID policy bolstered...

Korea's chemical company SK Discovery Co. on Tuesday said it launched a bio strategy and investment division headed by Kim Jung-hoon, director of SK...

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it has clinched a 1.6 trillion won ($1.2 billion) deal to become a co...

Coupang, Inc. recently established the Rocket Growth Fashion division, according to industry insiders on Monday. As the name suggests, the team...

DB HiTek Co. has pulled the plug on the possible spinoff of its fabless division, named the brand business department. The decision comes on the bac...

Hanwha Solutions Corp., the energy and petrochemical arm of the Hanwha Group, is revving up for wide-ranging corporate restructuring to strengthen i...

South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...

BERLIN – Samsung Electronics Co. has made “significant progress” in the company’s merger and acquisition (M&A) efforts, ...

South Korea’s agriculture and food trading platform Tridge Co. announced Thursday that it raised 50 billion won ($37.4 million) from DS Asset ...