K-beauty contract manufacturers see record Q2 profits; rally likely to continue

South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...
South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...
Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...
POSCO, South Korea’s largest steelmaker, will supply hydrogen-induced cracking (HIC)-resistant steel to Saudi Arabian Oil Co., or Aramco, for ...
Hong Kong-based private equity firm CLSA Capital Partners Ltd. has been picked as a preferred bidder to invest 50 billion won ($36.6 million) in Jun...
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...
High school student Seo Jiwoo knows nothing of the hidden world around him. Terrified of his own mysterious powers, he lives quietly, concealing his...
POSCO Holdings Inc. has teamed up with Australia’s Anson Resources Ltd. to build a direct lithium extraction (DLE) demonstration plant in the ...
Global private equity giant KKR & Co. Inc. is embroiled in a management dispute over South Korea’s top solar power plant with key individu...
Samsung Electronics Co. is on a hiring spree for senior sales managers in its foundry business, offering generous compensation packages, as it goes ...
LG Energy Solution Ltd. has set up a battery recycling joint venture with Toyota Tsusho Corp. in the US, deepening the South Korean battery giant&rs...
Riding the wave of global enthusiasm for K-Beauty, e-commerce powerhouses like Amazon and Alibaba are racing to bring South Korean cosmetics and bea...
LG Display Co., the world’s top large-sized organic light-emitting diode (OLED) panel maker, will invest 1.26 trillion won ($925.4 million) to...
A planned meeting between South Korean President Lee Jae-myung and US President Donald Trump was canceled on Monday after Trump unexpectedly left ...
LG Chem Ltd. said on Friday it has finalized the sale of its water filter business to Seoul-based Glenwood Private Equity for 1.4 trillion won ($1 b...
GWANGYANG, SOUTH JEOLLA – POSCO Future M Co., South Korea’s leading battery materials maker, has secured itself a China-free cathode mat...
South Korea’s newly elected President Lee Jae-myung on Monday had his first official telephone conversation with Japanese Prime Minister Shige...
Naver Ventures, the first dedicated Silicon Valley venture capital arm of Naver Corp., has made its debut investment in Nvidia Corp.-backed TwelveLa...
South Korea has secured its most significant nuclear export deal in over a decade, as a consortium led by Korea Hydro & Nuclear Power (KHNP) cli...
Lee Jae-myung was formally sworn in as South Korea’s new president on Wednesday, pledging to unite a divided nation, revitalize the economy an...
KT&G Corp. is in talks to acquire a leading nicotine pouch company in Northern Europe for about 300 billion won, or $200 million, investme...
Goodai Global Inc. is seeking to acquire South Korea’s first-generation independent cosmetics brand Skinfood for about 150 billion won ($108 m...
Hanwha Aerospace Co. plans to build a precision missile manufacturing plant in Germany as part of its global strategy to expand its presence across ...
In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solut...
South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...
South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...
As beauty-conscious tourists continue to flock to Seoul’s clinics, South Korea’s aesthetic medicine sector may be entering a golden era,...
Kumho Tire Co. has suspended all operations at its Gwangju plant in South Korea after a fire destroyed 50-60% of the production lines in one of its ...
Hyundai Motor Co. has joined forces with the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, to build its first manufactur...
Medicube, the beauty-tech brand under South Korea’s fast-growing beauty company APR Co., will sell its products through both online and offlin...
South Korea’s largest food company, CJ CheilJedang Corp., is shifting into high gear in its global expansion with a 100 billion won ($72 milli...