Samsung Group is stepping up efforts to venture into the space infrastructure industry, a sector analysts say remains a blue ocean where South Korea could secure a first-mover advantage. Samsung C&T ...

LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on Wednesday that they have joined hands to develop battery ...

Global defense giant Lockheed Martin Corp. and Korea Aerospace Industries Ltd. (KAI) on Tuesday agreed to expand their collaboration into future defense and aerospace technologies. Lockheed Martin and ...

South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in North America. Fila Holdings Corp. said it closed on ...

Doosan Group has emerged as the leading candidate to acquire SK Siltron Co., the world’s third-largest semiconductor wafer producer, in a deal that could reshape Doosan’s industrial portfolio. If ...

Global assets of Mirae Asset Global Investments Co., South Korea's top asset manager, have surpassed 450 trillion won ($320.6 billion), largely driven by a rapid growth in its overseas business, the ...

LIG Nex1 Co., a leading South Korean defense contractor, is teaming up with US artificial intelligence (AI) specialist Palantir Technologies to develop advanced weapon systems leveraging big data. The ...

Global buyout firms have swept up most of South Korea’s large-scale mergers and acquisitions this year, filling the vacuum left by domestic private equity groups reeling from political and public ...

South Korea’s first alternative stock exchange Nextrade (NXT) started trading on Tuesday, challenging the Korea Exchange’s (KRX) long-standing monopoly. The new exchange, designed to introduce ...

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 ...

POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, has signed a strategic partnership with Cleveland-Cliffs Inc., the No. 2 US steel producer, as part of efforts to expand its ...

South Korea’s CJ Logistics and Aidin Robotics recently signed a memorandum of understanding to co-develop and commercialize logistics robots. Under the agreement, CJ Logistics will provide data on the ...