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 ...

LG Chem closes $1 bn water filter division sale to Glenwood PE

LG Chem closes $1 bn water filter division sale to Glenwood PE

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...

Hanjin KAL roars on hints of renewed control dispute with Hoban

Hanjin KAL roars on hints of renewed control dispute with Hoban

Shares of Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., extended their rally Wednesday after surging by the ...

Hermès, Louis Vuitton, Chanel: Winners in S.Korea’s luxury market

Hermès, Louis Vuitton, Chanel: Winners in S.Korea’s luxury market

South Korea’s luxury goods market is becoming increasingly polarized, with ultra-high-end brands such as Hermès, Louis Vuitton and Chan...

Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...

HD Hyundai on course for $1.55 bn order amid US-China trade war

HD Hyundai on course for $1.55 bn order amid US-China trade war

HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key beneficiary of the Trump administration’s tariff policies a...

LG Chem embarks on sale of dermal filler business worth $343 million

LG Chem embarks on sale of dermal filler business worth $343 million

LG Chem Ltd., the world’s fourth-largest chemicals producer that is fostering vaccine and new drug development as new growth drivers, has kick...

SK Hynix sharply narrows gap with Samsung’s market cap

SK Hynix sharply narrows gap with Samsung’s market cap

SK Hynix Inc. has significantly raised its value by bolstering its presence in the artificial intelligence memory market, threatening Samsung Electr...

Samsung Electro-Mechanics to produce all-solid-state batteries in 2026

 Samsung Electro-Mechanics to produce all-solid-state batteries in 2026

LAS VEGAS – Samsung Electro-Mechanics Co. will unveil a sample of an ultra-compact all-solid-state battery within the year for mass production...

South Korea jumps to world’s No. 6 exporter; 2025 outlook dims

South Korea jumps to world’s No. 6 exporter; 2025 outlook dims

South Korea has sharply narrowed the gap in export value with Japan to a record low of $20.2 billion so far this year. But the country’s expor...

Samsung foundry ‘relief pitcher’ Han Jin-man vows to improve 2-nm yields

Samsung foundry ‘relief pitcher’ Han Jin-man vows to improve 2-nm yields

Samsung Electronics Co.'s new contract chipmaking business chief said on Monday he will go all-in to improve the company’s advanced 2-nanomete...

Korean displays regain top spot with premium information tech OLEDs

Korean displays regain top spot with premium information tech OLEDs

South Korean display makers regained ground in the global organic light-emitting diode (OLED) panel market in the second quarter, elbowing out the p...

TVing beefs up sports content, narrowing gap with Netflix

TVing beefs up sports content, narrowing gap with Netflix

TVing, a South Korean over-the-top (OTT) platform, is beefing up its live sports programming and TV series featuring baseball players to catch up to...

Samsung Electro-Mechanics gets European certification for camera SW

Samsung Electro-Mechanics gets European certification for camera SW

South Korea's Samsung Electro-Mechanics said on Wednesday it obtained Automotive SPICE (A-SPICE) Level 3 certification for its vehicle camera modu...

Samsung Securities lowers Samsung Electro-Mechanics target price

Samsung Securities lowers Samsung Electro-Mechanics target price

South Korea's Samsung Securities lowered its target price for Samsung Electro-Mechanics Co. to 160,000 won ($120) from 210,000 won. The securit...

Samsung's Lee inspects MLCC plant in Philippines as it eyes turnaround

Samsung's Lee inspects MLCC plant in Philippines as it eyes turnaround

Samsung Group Chairman Jay Y. Lee on Sunday inspected Samsung Electro-Mechanics Co.’s production facilities for multilayer ceramic capacitors ...

CU, GS25 in fierce race for top spot in Korea’s convenience store market

CU, GS25 in fierce race for top spot in Korea’s convenience store market

Using multiple measures, CU and GS25 both claim they are the No. 1 player in South Korea’s convenience store (CV) market.CU, operated by BGF R...

Korea Investment lowers price target for Samsung Electro-Mechanics

Korea Investment lowers price target for Samsung Electro-Mechanics

Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-than-expected third-q...

Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted

Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted

South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive marketing by Chines...

MBK Partners’ sale of Homeplus Express hits snag over valuation gap

MBK Partners’ sale of Homeplus Express hits snag over valuation gap

MBK Partners’ planned sale of Homeplus Express, the supermarket chain of South Korean hypermarket operator Homeplus, has hit a snag as potenti...

TCL narrows gap with Samsung in premium mini LED TV segment

TCL narrows gap with Samsung in premium mini LED TV segment

China’s TCL Technology, the world’s No. 2 TV maker, has been expanding its presence not only in the market for cheap LCD TVs but also in...

Korea's KDB widens gap in VC fundraising in H1; NPS to fund in July

Korea's KDB widens gap in VC fundraising in H1; NPS to fund in July

The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms in fundraising over ...

Samsung brings AI tech to its latest TV lineup to rival LG’s OLED TVs

Samsung brings AI tech to its latest TV lineup to rival LG’s OLED TVs

Samsung Electronics Co., the world’s largest TV maker, said on Wednesday it is bringing artificial intelligence technology to its 2024 TV line...

Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai

Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai

Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, plans to begin supplying hybrid lenses for automotive camera modules ...

NPS bets on Samsung Electro-Mechanics, sells POSCO stocks in Q4

NPS bets on Samsung Electro-Mechanics, sells POSCO stocks in Q4

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, saw the amount of listed local shares it owns rise...

Samsung Electro-Mechanics eyes turnaround with Galaxy AI

Samsung Electro-Mechanics eyes turnaround with Galaxy AI

Samsung Electro-Mechanics Co., the top electronic components maker in South Korea, aims for a turnaround this year with the launch of the first arti...

BMW overtakes Mercedes-Benz as top-selling foreign carmaker in S.Korea

BMW overtakes Mercedes-Benz as top-selling foreign carmaker in S.Korea

BMW has overtaken Mercedes-Benz in the South Korean market, regaining the top spot in the foreign automobile sales segment for the first time in eig...

IT device recovery to power Korean parts makers in 2024

IT device recovery to power Korean parts makers in 2024

Global sales of consumer information technology electronics such as smartphones, PCs and TVs are expected to rebound in 2024, fueling hopes of an ea...

Samsung Electro-Mechanics sees share price target cut

Samsung Electro-Mechanics sees share price target cut

South Korean brokerages have downgraded their target prices for Samsung Electro-Mechanics, following a significant earnings shock in the third quart...

Whole loans offer funding solution for stretched borrowers: Savills IM

Whole loans offer funding solution for stretched borrowers: Savills IM

Despite the challenging economic environment, there are still plenty of opportunities for profit in commercial real estate, notably through debt i...

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