Korean conglomerates

LG Electronics Inc. launched a smart factory business division under its research and development center early this month to accelerate its transiti...

South Korea plans to dole out harsher punishments for industrial espionage, with a proposal to triple the penalty for an overseas leak of national t...

Mercedes-Benz Korea on Friday unveiled the 11th generation of its fully redesigned mid-sized The New E-Class sedan in South Korea.This latest iterat...

Kakao Corp., South Korea’s top mobile platform operator, said on Friday it has developed a multimodal large language model (MLLM) with the lat...

South Korea’s central bank does not plan to buy more gold for its foreign exchange reserves, although the monetary authority has not purchased...

IMM Investment Corp., a major South Korean private equity firm, invested $97 million in Kencoa Aerospace Corp., a local supplier of global industry ...

South Korea's Woori Bank announced on Thursday that it has issued $700 million (940 billion won) worth of foreign currency ESG (environmental, socia...

Hyundai Motor Securities downgraded its investment opinion on GS Engineering & Construction Corp. (GS E&C) from "Buy" to "Market Perform" on...

South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, is set to become an anchor investor in...

Hyundai Motor Group announced on Friday that Hyundai Motor Co. and Kia Corp. have top seven categories in the 2024 Best Cars for the Money awards in...

Hyundai Motor Group will acquire lithium hydroxide, a key raw material for electric vehicle batteries, from the world’s No. 1 supplier Ganfeng...

South Korean shipbuilders continued to win very large ammonia carrier (VLAC) orders, expanding their shares in the global eco-friendly vessel market...

South Korea’s top automaker Hyundai Motor Group saw its vehicle sales in Europe rise to a fresh record high in 2023, driven by sport utility v...

South Korean artificial intelligence tech startup Moreh Inc. said on Thursday that its large language model (LLM) topped a performance assessment by...

Kolmar Korea Co. and Cosmax Inc., South Korea’s leading cosmetics suppliers to multinational conglomerates like L'Oréal S.A., are enjoy...

DAVOS, Switzerland -- Hyosung Group, a South Korean textile-to-chemicals conglomerate, plans to expand its tire cord business to India, the world's ...

South Korea’s major camera module maker LG Innotek Co. has joined hands with AOE Optronics Co., an automotive lens-making subsidiary of Taiwan...

Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transform into an artificial...

POSCO raised $5 million in three-year green bond sales on Jan. 16 to invest the proceeds in domestic facilities, the largest steelmaker in South Kor...

Under growing pressure from increased imports of cheap Chinese and Japanese steel products, South Korean steelmakers are considering filing an anti-...

China will stop the official broadcast of League of Legends (LoL) Champions Korea (LCK), according to the South Korean game industry. “There w...

The South Korean corporate bond market is taking a direct hit from growing credit crunch concerns in the country’s construction sector trigger...

Hyundai Motor Co. has sold its plant in Chongqing for $227 million as the leading South Korean carmaker continues restructuring its business to surv...

SK Gas Ltd. and SK D&D Co. will build their first-ever energy storage system (ESS) facility in the US that can power 39,000 homes daily via a jo...

South Korean wind power companies such as SK oceanplant Co., HD Hyundai Electric Co. and CS Wind Corp. are expected to get a tailwind from Taiwan&rs...

South Korea's Tata Daewoo Commercial Vehicle Company (TDCV) achieved remarkable success last year by exporting 40% of its total sales, despite the g...

Korea Investment & Securities Co. (KIS) announced on Tuesday its successful completion of the lead management for a $225 million global bond iss...

With the Galaxy S24, Samsung Electronics Co.'s new flagship smartphone series, searching for real-time information and translation on the phone will...

South Korean food company Daesang Corp. announced on Tuesday that it is launching the integrated brand "Sweevero" for alternative sweeteners like al...

Coworking space provider WeWork Inc. plans to downsize its business in South Korea, according to banking sources on Sunday. Market watchers say inve...