LG Group executives to meet with Honda CEO to explore partnership
LG Group is accelerating its efforts to build a partnership with Honda Motor Co. as South Korea's fourth-largest conglomerate beefs up its automotiv...
KKR in control feud over Korea’s top solar power plant
Global private equity giant KKR & Co. Inc. is embroiled in a management dispute over South Korea’s top solar power plant with key individu...
South Korea’s startup M&A winter deepens capital bottleneck
South Korea’s startup M&A winter has deepened as once major investors like conglomerates are prioritizing restructuring over expansion, ch...
US considers withdrawing thousands of troops from South Korea
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South Korea’s alternative data pioneer KED Aicel in full force
South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...
Robotis, MIT to jointly develop physical AI
South Korea's Robotis Co. said on Tuesday it partnered with the Massachusetts Institute of Technology (MIT) to develop physical AI.Robotis and MIT w...
Samsung SDS, Korea Air Force to cooperate on military logistics
South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...
Microsoft, KT join forces to propel Korea’s AI innovation
Microsoft Corp. and KT Corp., one of South Korea's top three telecom companies, will drive artificial intelligence transformation in the Korean firm...
KAI, TAI ink deal to boost T-50TH support
Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...
Korean Air, L3Harris to introduce more AEW&C aircraft
South Korean airliner Korean Air Lines Co. held the Industry Day in Seoul on Wednesday with the US-based defense company L3Harris to discuss South K...
LIG Nex1, Palantir join forces on AI weaponry
LIG Nex1 Co., a leading South Korean defense contractor, is teaming up with US artificial intelligence (AI) specialist Palantir Technologies to deve...
Hyundai Elevator joins forces with Kakao Mobility for integration services
South Korea's Hyundai Elevator Co. said on Thursday that it has signed a memorandum of understanding (MOU) with Kakao Mobility Corp. to commercializ...
Central Asia emerging as South Korea’s new used car export market
South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...
Time to revive innovator spirit: LG Energy Solution CEO
South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...
SK, Geely join forces for EV battery, component production
SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, will join forces with Chinese auto giant Zhejiang Geely Holding Gro...
Top US general sees changing nuclear threat from North Korea
COMMAND POST TANGO, South Korea—The top U.S. military official in South Korea said his thinking has changed on deterring North Korea’s n...
Samsung foldable panel gets US military certification
Samsung Display announced on Monday that its 7-inch foldable panel, used in the latest generation of foldable phones, completed the demanding MIL-ST...
Hyundai Motor, SK Enmove to join forces for next-generation vehicle refrigerants
Hyundai Motor Group and SK Enmove Co. on Thursday signed a memorandum of understanding to collaborate in developing refrigerants for next-generation...
OCI-Hanmi merger to create Korea’s Bayer: OCI Chairman
Merging into one team, OCI Group and Hanmi Pharmaceutical Group will leap forward to be a global novel drug manufacturing and biotechnology innova...
Samsung, SK Hynix join forces with foreign rivals to win AI chip war
South Korea’s two chip giants Samsung Electronics Co. and SK Hynix Inc. are expected to further deepen ties with rivals and customers from aro...
Hankook & Company to expand to robotics with Neubility
South Korea’s Hankook & Company Group, formerly Hankook Tire Group, is expanding to robotics to raise its future competitiveness.The gro...
Hanwha Ocean, ABS to join forces for LCO2 carrier study
South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to bui...
Hyundai Motor set to exit Russia with St. Petersburg plant sale to AGR
South Korea’s top automaker Hyundai Motor Co. is reportedly exiting Russia by selling its car manufacturing plant in St. Petersburg to AGR Aut...
S.Korean fighter jet FA-50 flies for first time in Europe
South Korea’s sole military aircraft manufacturer Korea Aerospace Industries Ltd. (KAI)'s FA-50 light fighters successfully made their debut i...
KAI opens office in Polish Air Force base
South Korea's leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it opened its sixth overseas base on Wednesday at the 2...
Hanwha aims to develop unmanned fighter jet engine within decade
Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, aims to develop engines for unmanned aircraft within the next decade t...
FKI, Keidanren launch fund for Korea-Japan partnerships
TOKYO – Major business lobby groups of South Korea and Japan have created a partnership fund of 200 million yen ($1.5 million) to accelerate i...
LIG Nex1, S.Korea's Air Force Academy sign future defense tech deal
LIG Nex1 Co. and Republic of (South) Korea Air Force Academy have agreed on close cooperation in joint research on defense technology and personnel ...
POSCO, Korea Zinc, Vale to close Korean nickel JV
POSCO Holdings Inc. and Korea Zinc Co. will close Korea Nickel Corp. set up jointly with Brazilian mining giant Vale Ltd. as the two Korean companie...
SK Materials joins forces with ExxonMobil in blue ammonia sector
South Korea's SK Materials will enter the blue ammonia market in partnership with global energy giant ExxonMobil.SK Materials on Wednesday said it s...
