At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors

At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors

In the bustling backstreets of Ulaanbaatar, shoppers file out of a CU convenience store with instant tteokbokki, or simmered Korean rice cake, packs...

India: Tantalizing frontier for K-food’s global ambitions beyond China

India: Tantalizing frontier for K-food’s global ambitions beyond China

South Korea’s processed food exports to India have surged to a record 6 trillion won ($4.1 billion), marking a significant milestone in the gr...

LS Cable's patent victory over Taihan Electric signals further disputes

LS Cable's patent victory over Taihan Electric signals further disputes

LS Cable & System Co. has gained the upper hand in its years-long patent dispute against Taihan Electric Wire Co. after a South Korean high pate...

Korea’s Shinsegae, China’s Alibaba to set up e-commerce joint venture

Korea’s Shinsegae, China’s Alibaba to set up e-commerce joint venture

South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better co...

Hyundai Rotem to supply ground weapons to Peru

Hyundai Rotem to supply ground weapons to Peru

South Korea's Hyundai Rotem Co. said on Monday it signed an agreement with the Peruvian Army to supply K2 main battle tanks, armored vehicles, and o...

MBK Partners tipped to win battle for control of Korea Zinc

MBK Partners tipped to win battle for control of Korea Zinc

A consortium led by North Asia-focused buyout firm MBK Partners edged closer to winning the battle for control of Korea Zinc Inc. against the s...

Samsung Galaxy Z Fold Special Edition: slimmest, lightest of its kind

Samsung Galaxy Z Fold Special Edition: slimmest, lightest of its kind

Samsung Electronics Co. said on Monday it is unveiling the Galaxy Z Fold Special Edition (SE) — the thinnest and lightest among the company&rs...

Samsung to cut chip executive jobs, restructure in battle versus SK Hynix

Samsung to cut chip executive jobs, restructure in battle versus SK Hynix

Samsung Electronics Co. plans to drastically cut its chip executive jobs and restructure semiconductor-related operations as it struggles to compete...

Samsung chip head vows drastic revamp after flagging weak Q3 earnings

Samsung chip head vows drastic revamp after flagging weak Q3 earnings

Jun Young-hyun, vice chairman and head of Samsung Electronics Co.'s semiconductor business, on Tuesday vowed to take drastic steps to improve profit...

Korea Zinc, Bain Capital offer $2.4 bn share buyback vs MBK

Korea Zinc, Bain Capital offer $2.4 bn share buyback vs MBK

Korea Zinc Inc. said on Wednesday it will buy back shares for 3.1 trillion won ($2.4 billion) with the backing of Bain Capital to counter MBK Partne...

Seoul Semiconductor wins no-wire LED patent case in Europe

Seoul Semiconductor wins no-wire LED patent case in Europe

South Korea’s Seoul Semiconductor Co. said on Wednesday it won a patent dispute against Taiwan's Everlight Electronics Co. after the European ...

Hanwha, LG to support Korea Zinc in battle against MBK

Hanwha, LG to support Korea Zinc in battle against MBK

South Korea’s Hanwha Group and LG Group are likely to help Korea Zinc Inc. fight against a takeover by MBK Partners Ltd. as the private equity...

SK's Chey rebuts court's SK unit value estimate for divorce

SK's Chey rebuts court's SK unit value estimate for divorce

SK Group Chairman Chey Tae-won on Monday said the Seoul High Court has innacurately inflated his contribution to the growth of SK C&C, a busines...

Hyundai, Hanwha in uphill battle vs Japan for A$11 billion frigate deal

Hyundai, Hanwha in uphill battle vs Japan for A$11 billion frigate deal

South Korea’s two warship builders are striving to win an A$11 billion (US$7.3 billion) deal from Australia to build 11 advanced frigates &nda...

Korean catering firm Ourhome CEO to leave amid sibling feud

Korean catering firm Ourhome CEO to leave amid sibling feud

South Korea’s catering service provider Ourhome Ltd. Chief Executive and Vice Chairwoman Koo Ji-eun has failed in her attempt to serve another...

HYBE conflict vs NewJeans label set to escalate into legal battle

HYBE conflict vs NewJeans label set to escalate into legal battle

HYBE Co., the company behind boy band BTS, has reported Min Hee-jin, the chief of popular girl group NewJeans’ label ADOR, to police for inves...

Samsung C&T defeats activist funds in proxy battle

Samsung C&T defeats activist funds in proxy battle

Activist funds arm in arm to demand higher dividends from Samsung C&T Corp. got defeated in a proxy fight against the de facto holding firm of S...

Activist funds to wage proxy battle with Samsung C&T

Activist funds to wage proxy battle with Samsung C&T

Five activist funds have joined hands to wage a proxy battle with Samsung C&T Corp., demanding additional share buybacks and dividend increases....

Samsung launches new growth engine control tower at mobile division

Samsung launches new growth engine control tower at mobile division

Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eX...

KT&G faces another legal battle with Korean activist fund

KT&G faces another legal battle with Korean activist fund

Singapore-based private equity firm Flashlight Capital Partners Pte. said Monday that it has filed court injunctions against KT&G Corp., beginni...

NCSOFT to run Battle Crush’s CBT in October for H1 2024 launch  

NCSOFT to run Battle Crush’s CBT in October for H1 2024 launch  

NCSOFT Corp., a major South Korean game developer and publisher, is inviting game lovers to take part in the closed beta test (CBT) of its new actio...

New, restyled models intensify SUV battle in S.Korea

New, restyled models intensify SUV battle in S.Korea

Global automakers are racing to release new and restyled sport utility vehicles in South Korea, intensifying the battle to dominate the biggest auto...

Schindler-invested Hyundai Elevator faces S.Korean activism

Schindler-invested Hyundai Elevator faces S.Korean activism

South Korea’s Hyundai Elevator Co., the No. 2 shareholder of which is Schindler Holding AG, has faced a request from a local activist investor...

Zuck’s Threads losing battle against Musk’s X in South Korea

Zuck’s Threads losing battle against Musk’s X in South Korea

Meta CEO Mark Zuckerberg is losing a fight against Tesla CEO Elon Musk in the South Korean short-form social media platform sector.Threads, Meta&rsq...

Samsung Elec to enhance ties with LG at expense of BOE

Samsung Elec to enhance ties with LG at expense of BOE

Samsung Electronics Co., the world’s largest TV maker, is set to reduce the procurement of panels from BOE Technology Group Co., the global li...

Samsung Elec denies rumor of Galaxy ads with Fifty Fifty

Samsung Elec denies rumor of Galaxy ads with Fifty Fifty

Samsung Electronics Co., the world’s second-largest smartphone maker, has denied market rumors that K-pop rookie sensation Fifty Fifty will ap...

A Goliath vs. Davids battle in the S.Korean OTT market

A Goliath vs. Davids battle in the S.Korean OTT market

Netflix Inc. is poised to further distance itself from its money-losing local peers in the South Korean video streaming market this year, as it make...

Aespa, other SM artists to join BTS' K-pop fan platform

Aespa, other SM artists to join BTS' K-pop fan platform

SM Entertainment Co.'s artists such as aespa and NCT are set to join HYBE Co.'s fan engagement service., boosting the competitiveness of the platfor...

Korea’s homegrown OTT Watcha at crossroads amid dearth of cash

Korea’s homegrown OTT Watcha at crossroads amid dearth of cash

South Korea’s homegrown over-the-top (OTT) platform Watcha Inc. is struggling to raise funds as it faces an uphill battle to win over customer...

S.Korea's K2 tanks undergo first live fire test in Poland

S.Korea's K2 tanks undergo first live fire test in Poland

South Korea's main battle tank K2 Balck Panther and K-9 self-propelled howitzers will undergo live-fire test at the Oziši training ground in ...

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