Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead
Samsung Electronics Co. is supplying a new high-performance image sensor featuring nanoprism technology to China’s Xiaomi, as the South Korean...
K-style strikes back to win over China’s Gen Z with Musinsa at helm
Musinsa, South Korea’s fashion unicorn backed by KKR Co., is set to bring the K-style wave to China with Anta Sports Products Ltd., China's le...
Samsung’s Q2 operating profit halves amid sluggish chip sales
Samsung Electronics Co.'s operating profit in the second quarter missed market expectations, with a 56% on-year fall, as its mainstay semiconductor ...
Economic strain drives millennials, Gen Z into collectible craze
SHANGHAI – Standing in the rain, lines of people snake along Nanjing Dong Lu, Shanghai’s bustling shopping street, outside a Miniso shop...
NPS, Scape acquire Aussie senior living operator Aveo from Brookfield
South Korea’s state-run pension fund, the National Pension Service (NPS), has partnered with Australia’s student housing specialist Scap...
Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma
BOSTON – Lotte Biologics Co. has signed a deal to manufacture an antibody therapy for British biotech startup Ottimo Pharma as the South Korea...
LG Energy Solution, Toyota Tsusho launch battery recycling JV in US
LG Energy Solution Ltd. has set up a battery recycling joint venture with Toyota Tsusho Corp. in the US, deepening the South Korean battery giant&rs...
South Korean eyewear poised to spark next global K-wave
As eyewear evolves into a key fashion statement, South Korea’s homegrown brands are setting their sights on the global stage with bold, unconv...
Samsung supplies HBM3E to AMD’s new accelerators
Samsung Electronics Co. has delivered the fifth-generation high-bandwidth memory (HBM) to a major AI chip maker, Advanced Micro Devices Inc. (AMD), ...
Seoul, once-rising art hub, feels pinch of global strains
In Seoul’s Hannam district, the storefront that once housed Various Small Fires (VSF) now sits empty, a “For Rent” sign taped to i...
SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services
South Korea has officially cleared the way for low-earth orbit (LEO) satellite internet services, granting regulatory approval for SpaceX’s St...
Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group
South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...
Greystar hires ex-Samsung SRA manager to launch Seoul office
Greystar Real Estate Partners, the largest housing investment firm in the US, has hired Kang Junghwan, former managing director and head of portfoli...
Hong Kong to list world’s 1st Samsung single-stock leveraged ETF
A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, whic...
Soon for sale: Altos Ventures-backed Cafe Knotted operator
Silicon Valley-based Altos Ventures-backed Good Food For Good (GFFG), operator of South Korea’s popular dessert cafe, Cafe Knotted, will likel...
Mirae Asset to be named Korea Post’s core real estate fund operator
Mirae Asset Global Investments Co. is set to manage the mandate of more than 600 billion won ($416.8 million) in core real estate fund investment by...
Samsung Biologics bags $514 mn CMO contract from US pharma
Samsung Biologics Co., the world’s largest contract manufacturing organization (CMO), said on Monday it has secured a $5.14 million order from...
JD.com opens Korean logistics centers, preluding C-commerce invasion
JD.com, often dubbed China’s answer to Amazon.com, has opened its own logistics centers in South Korea, becoming the first Chinese e-commerce ...
Trump Jr. to visit Seoul next week to meet Korean business leaders
Donald Trump Jr., the eldest son of the US President Donald Trump, is set to visit Seoul next week and meet with Korean business leaders grappling w...
Korea’s Incheon Airport to upgrade, operate Uzbek airfield in $140m deal
INCHEON – South Korea’s Incheon International Airport Corp. (IIAC) is set to upgrade and operate an airfield in Uzbekistan to expand the...
Korean hotels bask in rising foreign visitors; travel agencies in trouble
Hotels in South Korea are booming thanks to a surge in foreign visitors on a weaker won currency, while domestic travel agencies are suffering from ...
SK Hynix bets on 3D HBM as next game-changer in AI chip race
SK Hynix Inc., the world’s top DRAM memory chipmaker, aims to redefine the competitive landscape in artificial intelligence memory chips with ...
Kumho Tire eyes Poland, Serbia, Portugal for 1st European plant
Kumho Tire Co., South Korea’s No. 2 tire maker, is evaluating Poland, Serbia and Portugal as a potential site for its first plant in Europe as...
South Korean defense industry thriving on strong overseas demand
The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...
Samsung, Google to unveil smart glasses next year in deeper AI alliance
Samsung Electronics Co. and Google LLC are strengthening their long-standing alliance as the artificial intelligence (AI) era redefines the balance ...
Korea’s WGBI inclusion moved to next April; Seoul works on policy steps
South Korea’s much-anticipated inclusion of its bonds in the FTSE World Government Bond Index (WGBI) has been postponed to April 2026 from Nov...
Samsung’s Q1 profit beats expectations; Q2 outlook murky on tariff war
Samsung Electronics Co., the world’s largest memory chipmaker, posted stronger-than-expected first-quarter operating profit on Tuesday, booste...
Samsung unveils upgraded AI-powered OLED TVs
Samsung Electronics Co. on Monday showcased its new lineup of organic light-emitting diode (OLED) TVs with advanced artificial intelligence features...
IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...
KFC’s Korean operations up for sale
Orchestra Private Equity has begun the process of divesting the South Korean operations of fast-food chain KFC, which has seen earnings growth since...
