industrial transformation

GAMMANDONG, BUSAN -- The global steel industry underwent an unprecedented slump in 2020, with demand from the shipbuilding and automobile industries...

South Korea’s game market size is projected to exceed 18 trillion won ($16.6 billion) this year, driven by game enthusiasts who have remained ...

Thanks to winning the most orders this year, South Korea’s shipbuilding industry has solidified its lead in the global shipbuilding market for...

South Korea's food and beverage giant CJ CheilJedang Corp. has become the first domestic food company to have a single item pull in over 1 trill...

A South Korean game company is hoping to shake up the global game landscape with its latest title, Eternal Return: Black Survival, a PC game that ...

LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...

Kolon Industries Inc., a South Korean chemical and textile manufacturing company, is readying for the mass production of a key material for fuel cells...

South Korea’s shipbuilding industry is slowly emerging from its rocky cycle of ups and down in recent years, thanks to a recovery in the global ...

South Korea’s M&A market may reconsider leveraged buyouts due to the Supreme Court’s remanding of the case involving Sun Jong-koo, the...

The South Korean government said on Sept. 21 that it will triple the size of the country’s green biotechnology industry over the next decade and...

Daelim Industrial Co., a major South Korean builder, is splitting into three firms -- a holding company and two affiliates -- as the company seek...

The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...

The production of fuel-cell tanks is in full swing at Iljin Composites' factory, a restricted area tightly guarded with strict identification controls...

Naver Webtoon has become the industry's first to post over 3 billion won ($2.5 million) for daily paid-content as of August 2, breaking its own r...

My Real Trip, Korea’s leading online travel platform, has received 43.2 billion won ($36 million) in funding from domestic and overseas investor...

What do artificial intelligence (AI) and self-driving vehicles have in common? They're both energy guzzling machines.This reason alone makes battery a...

Macquarie Group has approached MBK Partners to acquire Daesung Industrial Gases Co. Ltd. and offered around 2.5 trillion won ($2.2 billion) for full o...

Industrial and multifamily real estate sectors are poised to benefit from a growing trend of renting spaces in the long term after supply growth slowe...

MBK Partners, Asia’s biggest private equity firm, has offered close to 2 trillion won ($1.7 billion) to buy South Korea’s second-largest industrial ga...

LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...

Linkshops, once touted as one of the next unicorn candidates in South Korea, bankrupted last month even after garnering 15.4 billion in funding from...