LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs

Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

J.P. Morgan, a leading US investment bank, has thrown its weight behind South Korea’s landmark commercial act revision, saying that the new go...

South Korea emerges as private equity firms’ global hub

South Korea emerges as private equity firms’ global hub

New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that ...

HD Hyundai, Hanwha to tap into $242 billion US Navy warship market

HD Hyundai, Hanwha to tap into $242 billion US Navy warship market

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride tailwinds in their bi...

Korean exports snap 15 months of gains in Jan despite higher chip sales

Korean exports snap 15 months of gains in Jan despite higher chip sales

South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...

Samsung, LG consider moving electronics plants to US from Mexico

Samsung, LG consider moving electronics plants to US from Mexico

South Korea’s leading electronics companies such as Samsung and LG are considering moving their plants in Mexico to the US to respond to Presi...

Kia aims to reclaim Europe with EV2, keeps K4 output unchanged in Mexico

Kia aims to reclaim Europe with EV2, keeps K4 output unchanged in Mexico

Kia Corp., South Korea’s second-largest carmaker, will start producing its entry-level electrified model EV2 from its plant in Slovakia next y...

Salesforce outage disrupts businesses across Asia Pacific

Salesforce outage disrupts businesses across Asia Pacific

Salesforce Inc., the world’s top customer relationship management (CRM) platform, is grappling with a major service outage affecting more than...

Hanjin to open Mexico subsidiary

Hanjin to open Mexico subsidiary

South Korea's Hanjin Transportation said on Friday it will establish a subsidiary in Mexico this year to expand its logistics market in Latin Americ...

Naver Pay partners with GLN International

Naver Pay partners with GLN International

South Korea's Naver Pay announced on Wednesday that it partnered with Hana Bank’s global payment network subsidiary, GLN International, to lau...

Korea Investment to publish emerging market investment guidebook

Korea Investment to publish emerging market investment guidebook

Korea Investment Management Co. said on Friday that it will publish an Emerging Market Guidebook on September 30, which will contain investment stra...

Korea Investment Corp. appoints Park Il Young as its new CEO

Korea Investment Corp. appoints Park Il Young as its new CEO

South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...

Hana Bank opens overseas office in Monterrey, Mexico

Hana Bank opens overseas office in Monterrey, Mexico

Hana Financial Group announced on Thursday that it opened the Monterrey Office, the first business channel of Hana Bank Mexico, in Monterrey, Mexico...

CHA Healthcare incorporates Singapore's SMG as subsidiary

CHA Healthcare incorporates Singapore's SMG as subsidiary

South Korea's CHA Healthcare Co., CHA Biotech's overseas medical business affiliate incorporated Singapore's SMG as a subsidiary. CHA Healthcare an...

Com2us BTS Cooking On surpasses 1 mn global downloads

Com2us BTS Cooking On surpasses 1 mn global downloads

South Korea's Com2uS Corp. announced on Monday that its new cooking simulation game, "BTS Cooking On: TinyTAN Restaurant," reached 1 million downloa...

LS Cable breaks ground for bus ducts plant in Mexico

LS Cable breaks ground for bus ducts plant in Mexico

South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distributio...

HMM opens Shanghai-Mexico container route

HMM opens Shanghai-Mexico container route

South Korea's HMM Co. announced on Monday that it launched a new Far East Latin America Express (FLX) container service bound for Mexico.The service...

Doosan Bobcat to produce construction loaders in Mexico from 2026

Doosan Bobcat to produce construction loaders in Mexico from 2026

Doosan Bobcat Inc., a construction machinery and equipment maker under South Korean conglomerate Doosan Group, aims to boost its sales in North Amer...

Korean construction machine makers set sights on India, Brazil, Mexico

Korean construction machine makers set sights on India, Brazil, Mexico

South Korea’s leading construction machine makers are actively advancing into emerging markets such as India, Brazil, Mexico and Saudi Arabia,...

Korean banks broaden horizons to Mexico, Poland, Africa

Korean banks broaden horizons to Mexico, Poland, Africa

South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...

Kia to boost hybrid lineup to lead eco-friendly car market

Kia to boost hybrid lineup to lead eco-friendly car market

Kia Corp., South Korea’s second-largest automaker, plans to strengthen its hybrid lineup and launch cheaper electric vehicles to lead the glob...

Naver, named 3rd most innovative company in the Asia-Pacific

Naver, named 3rd most innovative company in the Asia-Pacific

South Korea’s online giant Naver Corp. ranked as the third most innovative company in the Asia-Pacific by a top US business magazine for the p...

LG Elec expands workforce to enhance AI cyber security

LG Elec expands workforce to enhance AI cyber security

LG Electronics Inc., the leading global home appliance maker, is actively increasing its workforce to improve artificial intelligence cyber security...

POSCO International to build motor core plants in Poland, Mexico

POSCO International to build motor core plants in Poland, Mexico

POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., said on Monday it will build new trac...

Lotte Wellfood enters Costco stores in Canada, Mexico

Lotte Wellfood enters Costco stores in Canada, Mexico

South Korea's Lotte Wellfood Co. announced on Tuesday that it is expanding exports to Mexico and Canada through Costco. It marks the first entry o...

NCSOFT included in DJSI Asia Pacific Index

NCSOFT included in DJSI Asia Pacific Index

South Korea’s major game developer and publisher NCSOFT Corp. announced on Thursday that it was listed on the Dow Jones Sustainability Asia/...

POSCO Future M included in DJSI Asia Pacific Index

POSCO Future M included in DJSI Asia Pacific Index

South Korea’s battery materials maker POSCO Future M Co. announced on Tuesday that it was listed on Dow Jones Sustainability Asia/Pacific In...

LG Elec’s vehicle systems plants running above full capacity

LG Elec’s vehicle systems plants running above full capacity

LG Electronics Inc.'s automotive electronics production plants have surpassed 100% of their operating rate this year as of the end of September.Acco...

Doosan Bobcat to build new factory in Mexico

Doosan Bobcat to build new factory in Mexico

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday it plans...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared