Korean smart factories

South Korea’s shipbuilders are expected to get more orders on the escalating crisis in Ukraine as Europe is diversifying natural gas suppliers...

China’s largest privately owned carmaker Zhejiang Geely Holding Group Co. is entering South Korea’s electric truck market to compete wit...

South Korea's LG Electronics Inc. said on Wednesday it has decided to close its solar panel business in the face of deepening competition and sluggi...

Hanwha Defense Co. announced Wednesday it has secured a large property in Australia for building a production facility for the K9 Thunder self-prope...

South Korea’s battery industry is expected to heat up the initial public offering market later this year as battery materials and equipment ma...

Asset managers' track record and risk management are the most important factors for South Korean major limited partners when considering new partnersh...

The proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. has moved one step closer to completion with approval by South Korea’s an...

In April 2021, there were some 200 unicorns in the Asia Pacific region, second only to the United States which had 290 startups each valued at $1 bi...

From home workouts to math and science courses, thousands of apps now available on LG smart TVs are blurring the lines between TVs and smartphones.S...

LG Corp. announced on Sunday that the group has recruited former White House deputy chief of staff Joe Hagin for its Washington D.C. office. Ha...

Institutional investors of South Korea aim to increase their alternative assets, focusing on expanding private debt, according to a recent survey of...

LS-Nikko Copper Co., the world’s second-largest electrolytic copper maker, is set to sell an 800 billion won ($670 million) stake in a joint v...

South Korean chipmakers are expected to reduce imports of a core solvent of the extreme ultraviolet (EUV) process for semiconductor manufacturing as...

South Korea's commercial drone manufacturer Nearthlab plans to apply for an initial public offering this year to get listed on the junior Kosdaq mar...

Europe’s largest pension fund manager APG has urged Samsung Electronics Co. and nine other major South Korean companies to drastically cut the...

South Korea's biotech startup Novelty Nobility Inc. has signed a global license agreement for its antibody treatment candidate with a US biopharmace...

Korean Air Lines Co. will start flying Boeing 737-8 aircraft from March, nearly two years after the global grounding of the jet type by airlines in ...

Tesla Inc. has faced accusations in South Korea of failing to inform drivers of a sharp drop in the mileage of its electric vehicles at sub-zero tem...

Seoul Philharmonic Orchestra and SM Entertainment Co. signed a memorandum of understanding last week to collaborate across different musical genres....

Smilegate Entertainment Inc.’s Lost Ark has become the second most played game within a couple of days after its launch on Steam, the world&rs...

Sopoong Ventures Corp. is poised to create a fund worth 10 billion won ($8 million) that specializes in early stage investment, industry insiders sa...

South Korean money inflows to Chinese stocks exceeded investment in North America as sluggish US shares spurred investors to bet on a recovery in th...

MBK Partners and IMM Private Equity will each be investing 200 billion won ($167 million) in Megazone Cloud Corp., the first South Korean business p...

Dongkuk Steel Mill Co., the world’s leading manufacturer of color-coated steel, reported the largest operating profit in 13 years on strong de...

Startups in the pet industry are gaining traction on the back of a rising number of pet owners in South Korea. Industry insiders say several pe...

Saudi Arabia’s Public Investment Fund (PIF) has increased its stake in South Korea's leading gaming company NCSoft Corp. to become its fourth-...

South Korea’s major banks posted record earnings last year, boosted by higher interest income amid the central bank’s easing monetary bi...

South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...

Singapore’s antitrust authority approved the integration of Korean Air Lines Co. and Asiana Airlines Inc., paving the way for South Korea&rsqu...

South Korea’s Samsung Engineering made inroads into Russia’s plant engineering and construction market with a 1 billion euro ($1.1 billi...