Korean smart factories

South Korea’s major defense maker LIG Nex1 Co. plans to develop drone jammers that can force small unmanned aerial vehicles (UAVs) to go off c...

“Oh! My Gran” was the only South Korean movie to hit the big screen in China in the past year. It was also the first Korean film to be p...

Tesla Inc. and other US electric vehicle makers are enjoying strong sales in South Korea thanks to government subsidies while the revised US EV tax ...

South Korea’s major petrochemical producer Lotte Chemical Corp. faced an earnings shock in the second quarter of 2022, hard hit by the perform...

Samsung Electronics Co., the world’s top memory chipmaker, plans to spend 20 trillion won ($15.1 billion) by 2028 on an advanced semiconductor...

South Korean companies are embracing the x-to-earn (X2E) business model, by which users earn rewards by playing online games and accomplishing other...

SK On Co. has turned to domestic private equity firms to raise up to 2 trillion won ($1.5 billion) after talks with four big global funds have dried...

CNTUS SUNGJIN Co., a mid-sized South Korean company known for its colorful face masks made under the Aer brand, has focused on business-to-business ...

Samsung Electronics Co. and other major South Korean companies have reduced their plant operations and capital expenditures as weakening demand amid...

South Korea’s major shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) lost $53 million from a deal to build submarines for Indo...

When South Korea’s leading steelmaker POSCO Group acquired a 12.5% stake in Australia’s Roy Hill mine for 1.52 trillion won ($1.2 billio...

Daedong Corp., South Korea’s leading tractor and farm machinery maker, has attracted 10 billion won ($7.6 million) from Kakao Mobility Corp. t...

The Jubilee, a 2,200-ton tuna fishing vessel operated by South Korea’s leading fishing company Dongwon Industries Co., has been using drones t...

South Korean platform operators are feeling cornered following rapid expansion during COVID-19 as growing risks of a global economic recession and r...

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, has scored another win in patent litigation agai...

South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...

The Carlyle Group, a US private equity giant, has joined hands with South Korean energy-to-retail conglomerate GS Group to buy Medit Corp., the worl...

South Korea’s entertainment powerhouse CJ ENM Co. is set to provide K-content to viewers of Peacock, a streaming platform of US media and ente...

LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it has signed an agreement with Archer Daniels Midland Co. (ADM), a globa...

Seoul National University (SNU), South Korea’s top-ranked higher education institution, is pursuing the setup of its first overseas campus in ...

Top South Korean conglomerates Samsung and Hyundai have selected Boston as the home of their first overseas research centers for batteries and artif...

Taekwang Industrial Co., a South Korean petrochemical and textile company, reported its first quarterly loss in 10 years amid weakness in its key bu...

South Korean shared electric scooter platforms are taking over their smaller rivals or entering new markets as beefed-up safety guidelines on two-wh...

South Korea’s largest automaker Hyundai Motor Group ranked third in global car sales in the first half, its highest-ever ranking in terms of v...

Gourmands in North America will be able to enjoy South Korean fried chicken more conveniently as BB.Q Chicken, the country’s leading franchise...

NCSOFT Corp., South Korea’s leading games developer, postponed the releases of key games that could attract new users, clouding its business o...

The United States: 4158. South Korea: 50These figures refer to the number of qubits in a quantum computer that each country seeks to develop by 2026...

Ergonomic office chairs are drawing heightened interest from millennials and Generation Zers in South Korea, according to the country’s leadin...

South Korea’s Kurly Inc., the operator of grocery delivery service Market Kurly, made inroads into Singapore with an aim to expand its busines...

NXP Semiconductors NV, a global leading automotive chipmaker, is expanding partnerships with South Korean security startups to secure new semiconduc...