South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to join the ranks of the world’s four largest ...

The Kosdaq market under the Korea Exchange said on Wednesday it has canceled its preliminary approval for InnoGrid Co.’s initial public offering on the grounds that the cloud platform developer failed ...

Hankook & Company Co., the holding company of Hankook Tire & Technology Co., announced Thursday a plan to launch a wholly owned corporate venture capital (CVC) arm this month with an initial ...

Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or even a chasm in EV demand, said its Chief Executive ...

South Korea’s leading biosimilar drug developer Celltrion Inc. on Sunday unveiled an anticancer medicine to expand new pipelines and accelerate its transformation into an original drug developer.

South Korea’s exports expanded for an 11th straight month in August on solid demand for semiconductors, smartphones and other goods overseas. Exports from Asia’s fourth-largest economy rose 11.4% from ...

Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business to Chinese rival Wuxi Hengxin Optoelectronic Materials for ...

Samsung Electronics Co., the world’s top smart TV maker, plans to offer seven years of a free upgrade to its open-source smart TV operating system Tizen for its AI-powered TVs as the company strives ...

SK Energy Co., South Korea’s largest oil refiner, is set to start commercial operations of a production line for sustainable aviation fuel (SAF) next month to meet growing demand for the eco-friendly ...

South Korea’s household technology and automotive names Samsung and Hyundai have reinforced their alliance to capture the global humanoid robot market set to burgeon to $60 trillion over the next ...

SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank for more funding as it is set to streamline its business to ...

Samsung Electronics Co., the world’s top memory chipmaker, aims to introduce three-dimensional (3D) DRAM, a game-changer in the artificial intelligence industry, in 2025 to lead the global AI ...