Korean smart factories

Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over $1 billion, has shru...

BUSAN – French automaker Renault S.A. will build a new electric vehicle manufacturing plant in South Korea to meet growing demand for eco-frie...

KS standards have been included in Singapore's Class 1 Building and Construction guidelines (BC1). As a result, it is expected that steel exports to...

Key facts Industry Mass-production mold design and manufacturing/machinery manufacturing Mainstay products/services Automotive int...

South Korea’s leading soju maker HiteJinro Co. announced on Wednesday that it dominated the global distilled liquor market for the 22nd year i...

The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...

The International Center for Settlement of Investment Disputes (ICSID) on Tuesday ruled in favor of US-based hedge fund Elliott Investment Managemen...

South Korea’s top travel and accommodation platform Yanolja Co. aims to nearly treble the number of foreign tourists to the country through it...

As South Korean battery materials companies such as LG Chem Ltd., POSCO Future M Co. and EcoPro Co. aggressively step up facility investment, they a...

Busan Equity Partners (BEP), a South Korean private equity firm, is partnering with Philippine mineral development company PGMPI to develop overseas...

Global private equity firm Affirma Capital has promoted Seoul-based Managing Director Min Hyun (Thomas) Shim to partner, investment banking sources ...

South Korean navigation app company Tmap Mobility announced on Tuesday that it will launch a mobile electric vehicle (EV) charging delivery service ...

Openedges Technology, South Korean semiconductor design intellectual property (IP) platform, announced on Tuesday its plans to produce physical...

Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...

The Pinkfong Company's "Bebefinn" YouTube channel has surpassed 10 million subscribers. The Pinkfong Company, popularly known for its "Baby Shark" c...

A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pr...

South Korea's Ministry of SMEs has begun moving to help SMEs planning to export to Indonesia obtain halal certification.The SME Ombudsman said on Tu...

South Korea's Hanwha Aerospace Co. announced on Tuesday that it has signed a memorandum of agreement (MOA) with Vertical Aerospace (VA), a UK compan...

South Korean convenience store heavyweight, CU, has announced its first foray into Central Asia, beginning with Kazakhstan. The retailer's goal is t...

The Japanese yen on Monday extended losses against the South Korean won to touch an eight-year low, briefly breaching a psychological support line a...

The average salary of accountants at Big Four accounting firms in South Korea has more than doubled over the past few years, as financial regulators...

MUNICH – It is always challenging to bring a lesser-known car marque to Europe, home to well-established, globally known brands such as Merced...

Samsung Electronics Co. announced on Monday that it has unveiled a special edition of Bespoke Jet Bot AI, collaborative with illustrator Max Dalton,...

The Gucci horsebit loafer, one of the most iconic products of the Italian luxury brand, is celebrating its 70th anniversary. The horsebit loafer is ...

South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...

South Korea's leading logistics company Hyundai Glovis Co. announced on Monday that it has signed a stock purchase agreement related to the acquisit...

Hanwha Systems Co. announced on Monday that it has been awarded a second contract by the Defense Acquisition Program Administration for the South Ko...

South Korea’s Celltrion Inc. has put its Japanese Takeda Pharmaceutical Co.'s primary care assets acquired in 2020 on sale as the biosimilar g...

Kia Corp. announced on Sunday that its first large-scale electrified sport utility vehicle (SUV), the EV9, will be available for delivery to custome...

General Motors (GM) on Friday named Hector Villarreal as the new president of GM Korea. After more than 40 years with the company, GM Korea Presiden...