development business sector

Doosan Skoda Power, the Czech-based power plant equipment-making unit of South Korea’s Doosan Enerbility Co., plans to list its shares on the ...

Hanwha Ocean Co., a South Korean warship builder, said on Friday it swung to profit in 2024 for the first time in four years, driven by increased sa...

South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures ...

South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, on Wednesday posted its largest-ever annual sales and operating p...

Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, said on Monday it got 501K...

SK and Lotte groups remain the focus for South Korean dealmakers as the two conglomerates accelerate restructuring by divesting non-core assets, a s...

LG CNS Co., a South Korean information technology service company, said on Monday it signed a memorandum of understanding (MOU) with Bear Robotics...

South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic par...

South Korea's automaker KG Mobility Corp. said on Thursday it partnered with the global car aftermarket solutions company Phinia to develop hydrogen...

South Korea’s petrochemical producers are set to issue corporate bonds to take advantage of ample liquidity at the beginning of the year amid ...

South Korea’s Koramco REITs Management & Trust Co. is poised sell a prime office building in Seoul in an estimated 400 billion won ($272 m...

South Korea’s top automaker Hyundai Motor Group said on Friday that it has teamed up with Nvidia Corp. to accelerate the development of advanc...

LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has thrown down the gauntlet to frontrunners in the AI robot race...

LAS VEGAS – SK Hynix Inc., the world’s second-largest memory chipmaker, has agreed to collaborate with Nvidia Corp. on the top US AI chi...

Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...

LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has signed a strategic partnership with US tech giant Micros...

Hanwha Solutions Corp., the energy unit of South Korea’s chemicals-to-financial conglomerate Hanwha Group, will likely withdraw from the polys...

Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...

Samsung Electronics Co. has become the largest shareholder of Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant spen...

South Korean securities firms have upped the ante in a race to win the country’s investment banking (IB) market this year after aggressive bus...

Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big leap next year with relen...

Seoul-based private equity firm Hahn & Co. has agreed to buy the chemical mechanical polishing (CMP) pads manufacturing division of SK Enpulse C...

SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, said on Monday that its rice cake franchise Bizeun developed ...

South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...

South Korea will ease regulations and offer incentives to facilitate the restructuring of domestic petrochemical makers battling a global suppl...

South Korea's SK Bioscience Co. said on Friday it signed an expanded agreement with Sanofi to co-develop next-generation pneumococcal conjugate vacc...

Chung Yong-jin, the chairman of South Korea’s retail giant Shinsegae Group, held talks with US President-elect Donald Trump, becoming Korea's ...

South Korean chemicals-to-defense conglomerate Hanwha Group completed the acquisition of Philly Shipyard on Friday.The size of the deal was $100 mil...

South Korea’s steel-to-battery materials conglomerate POSCO Group plans to raise up to 1 trillion won ($691 million) in the country’s fi...

South Korea's Doosan Enerbility Co. and Korea Aerospace Industries Ltd. (KAI) said on Tuesday that the two companies signed a memorandum of understa...