Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
LG Electronics Inc. has turned its rivals into allies in an unlikely pact to win the budget appliance war and ward off Chinese competitors rapidly e...
POSCO, South Korea’s largest steelmaker, has sold Zhangjiagang Pohang Stainless Steel (PZSS), its loss-generating stainless steel joint ventur...
Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...
Samsung Electronics Co.'s operating profit in the second quarter missed market expectations, with a 56% on-year fall, as its mainstay semiconductor ...
LG Electronics Inc., South Korea’s leading electronics company, is doubling down on its bid to lead the burgeoning global heating, ventilation...
Chinese tech giant Tencent Holdings Ltd. has emerged as a surprise contender in a race to acquire a roughly 40% stake in Kakao Mobility Corp., the o...
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...
Samsung Biologics Co., the world’s largest contract drugmaker, will enter the contract research organization (CRO) market by leveraging its va...
Samsung Electronics Co. has delivered the fifth-generation high-bandwidth memory (HBM) to a major AI chip maker, Advanced Micro Devices Inc. (AMD), ...
Shares of Nexon Games Co., the game-developing studio under Nexon Co., surged on Friday morning after Bloomberg reported on Chinese IT giant Tencent...
Samsung Electronics Co. will empower its next Galaxy Z foldable smartphones with advanced artificial intelligence features as it seeks to extend its...
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...
Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American fo...
Kakao Mobility Corp., which runs South Korea’s most popular ride-hailing app, Kakao T, has clinched a deal to build a future mobility infrastr...
Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...
Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...
OpenAI Inc., the creator of generative AI ChatGPT, has established a legal entity in South Korea, which has the largest number of paying ChatGPT sub...
South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is in advanced negotiations to acquire t...
The head of The Carlyle Group met with Korean retail investors in a rare session on Thursday, sharing insights on the US economy and global credit m...
LG Electronics Inc. is on track to retain its lead in the organic light-emitting diode (OLED) TV market for the 13th consecutive year, bolstered by ...
United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. and Goldman Sachs are set to invest a combined $700 million in Kakao Mobil...
KakaoBank Corp., a leading South Korean internet-only bank, posted its highest quarterly profit in the first quarter, defying a drop in interest inc...
Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holdings Co., said on Wednesday it hosted its flagship investor ...
Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR) glasses as it aims to position itsel...
Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platfo...
LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global ...
Krafton Inc., the publisher of global mega-hit “PlayerUnknown’s Battlegrounds” (PUBG), has selected six new Indian game studios to...
South Korea’s online giant Naver Corp. and dawn grocery platform service provider Kurly Inc. have joined forces for a potential stake acquisit...
