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 ...

A city in the greater Seoul area is aiming to become the first in Asia to attract Madison Square Garden (MSG) Sphere, an iconic music and entertainment arena with 1.2 million light-emitting diodes ...

South Korean tech giant Naver Corp. said on Tuesday it has partnered with WeChat Pay to offer a Naver Pay mobile pay and digital wallet service using QR codes across China. Naver said it is the first ...

An investor group is planning one of the world’s largest data centers for artificial intelligence in South Korea, a sign of red-hot AI demand across the globe despite concern about the AI boom’s ...

South Korean defense company Hanwha Aerospace Co. and US weapons systems developer L3Harris Technologies Inc. have led a $240 million funding round for Shield AI, a San Diego-based startup ...

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 ...

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 ...

LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billion), as part of its business reshuffle to bolster new ...

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 ...

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 ...

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 ...