Yes, it’s K-beauty: Strong buying appetite for makeup brands even before they're up for sale

Yes, it’s K-beauty: Strong buying appetite for makeup brands even before they're up for sale

In South Korea’s M&A landscape, beauty companies are no longer waiting to put themselves on the market. They’re being courted before...

Hanwha-owned burger chain Five Guys Korea up for sale two years after launch

Hanwha-owned burger chain Five Guys Korea up for sale two years after launch

South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...

LG links up with Chinese rivals for budget appliance supremacy

LG links up with Chinese rivals for budget appliance supremacy

LG Electronics Inc. has turned its rivals into allies in an unlikely pact to win the budget appliance war and ward off Chinese competitors rapidly e...

LG Electronics' Q2 profit halves as US tariffs bite

LG Electronics' Q2 profit halves as US tariffs bite

Earnings at LG Electronics Inc. nearly halved in the second quarter after the Trump administration's tariff hikes pushed up raw material costs and m...

Blackstone in talks to acquire Korea’s top salon chain Juno Hair in $590 mn deal

Blackstone in talks to acquire Korea’s top salon chain Juno Hair in $590 mn deal

US private equity firm Blackstone Inc. is pursuing the acquisition of Juno Hair, South Korea’s largest premium hair salon chain, in a deal tha...

LG Electronics acquires Norway’s OSO in bold HVAC expansion

LG Electronics acquires Norway’s OSO in bold HVAC expansion

LG Electronics Inc., South Korea’s leading electronics company, is doubling down on its bid to lead the burgeoning global heating, ventilation...

Samsung on hiring spree to bolster US foundry sales

Samsung on hiring spree to bolster US foundry sales

Samsung Electronics Co. is on a hiring spree for senior sales managers in its foundry business, offering generous compensation packages, as it goes ...

Xiaomi to open first offline store in S.Korea with premium products

Xiaomi to open first offline store in S.Korea with premium products

Xiaomi Inc., a Chinese technology giant, will open its first offline store in South Korea next week, about six months after its virtual foray into t...

LG Display to invest $500 mn to boost smaller OLED output

LG Display to invest $500 mn to boost smaller OLED output

LG Display Co., the world’s No. 1 manufacturer of large-sized organic light-emitting display (OLED), will invest about 700 billion won ($500 m...

CJ Foodville goes global from in-flight meals to Starbucks bread

CJ Foodville goes global from in-flight meals to Starbucks bread

CJ Foodville Co., a South Korean food company, is deepening its presence in Southeast Asia with premium bakery products, catering to airplane passen...

Samsung to equip Galaxy Z Flip7 with Exynos AP at home

Samsung to equip Galaxy Z Flip7 with Exynos AP at home

Samsung Electronics Co. plans to power its upcoming foldable smartphone with its new in-house application processor (AP), marking a significant step...

LG Electronics poised to extend OLED TV market lead into 2025  

LG Electronics poised to extend OLED TV market lead into 2025  

LG Electronics Inc. is on track to retain its lead in the organic light-emitting diode (OLED) TV market for the 13th consecutive year, bolstered by ...

Hong Kong to list world’s 1st Samsung single-stock leveraged ETF

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...

LG Innotek, Boston Dynamics team up to develop Atlas eyes

LG Innotek, Boston Dynamics team up to develop Atlas eyes

LG Innotek Co., a leading South Korean electronics parts maker, will jointly develop new vision sensing systems with Boston Dynamics Inc., a major g...

LG Electronics breaks ground on $600 mn home appliance plant in India

LG Electronics breaks ground on $600 mn home appliance plant in India

South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to...

Harman acquires Masimo’s audio arm in Samsung’s car audio push

Harman acquires Masimo’s audio arm in Samsung’s car audio push

Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired Masimo Corp.’s audio business for $350 million, a ...

US tariffs add risk premium to dollar assets: Maurice Obstfeld

US tariffs add risk premium to dollar assets: Maurice Obstfeld

WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...

LG Electronics eyes India IPO delay, says plan in flux

LG Electronics eyes India IPO delay, says plan in flux

LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global ...

LG Display eyes turnaround on China's shift to OLED

LG Display eyes turnaround on China's shift to OLED

LG Display Co., the world’s top large-sized organic light-emitting diode (OLED) panel maker, will likely swing to profit this year for the fir...

Genesis premieres premium electric off-road SUV X Gran Equator Concept

Genesis premieres premium electric off-road SUV X Gran Equator Concept

NEW YORK – Genesis, the luxury brand of South Korea’s top automaker Hyundai Motor Co., has premiered its first electric off-roader conce...

Samsung unveils upgraded AI-powered OLED TVs

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...

LG Electronics set for early-May Indian stock market debut

LG Electronics set for early-May Indian stock market debut

LG Electronics Inc. is set to list its wholly owned subsidiary in India on the country's stock exchange in early May, aiming to raise up to $1.5 bil...

LG’s global HVAC push takes off with new deal in Singapore

LG’s global HVAC push takes off with new deal in Singapore

LG Electronics Inc. has landed a deal to supply its heating, ventilation, and air conditioning (HVAC) system to a fulfillment center in Singapore, a...

Samsung Electronics' TV guru Han Jong-hee dies of cardiac arrest at 63

Samsung Electronics' TV guru Han Jong-hee dies of cardiac arrest at 63

Han Jong-hee, vice chairman and co-chief executive of Samsung Electronics Co., has died from cardiac arrest, the company said on Tuesday. He was 63....

LG Electronics restarts home appliance plant in Russia

LG Electronics restarts home appliance plant in Russia

LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling...

LG Group units step up joint marketing for in-vehicle electronics

LG Group units step up joint marketing for in-vehicle electronics

Chief executives of LG Group’s key units, including LG Electronics Inc., will visit the headquarters of global carmakers for a series of close...

LG Group chair visits India ahead of LG Electronics Indian IPO

LG Group chair visits India ahead of LG Electronics Indian IPO

LG Group Chairman Koo Kwang-mo visited LG Electronics Inc.'s factory and research center in India in late February as it plans to list its Indian ar...

LG Electronics hits record sales in India, paving way for 2025 IPO

LG Electronics hits record sales in India, paving way for 2025 IPO

LG Electronics Inc. posted its largest-ever sales in India in 2024, providing a boost to the planned initial public offering of its Indian unit this...

LG Electronics deepens ties with US startup Apex.AI

LG Electronics deepens ties with US startup Apex.AI

LG Electronics Inc. has invested in Apex.AI, a US-based startup developing safety-certified software designed to accelerate the transition of softwa...

S.Korea needs to allow short-selling for all listed stocks: FSS chief

S.Korea needs to allow short-selling for all listed stocks: FSS chief

Lee Bok-hyun, governor of South Korea’s top financial watchdog body, the Financial Supervisory Service (FSS), said on Thursday that there shou...

President Lee meets Hyundai, LG chiefs, promotes ‘one team’ approach Hanwan Ocean wins $1.4 bn order to build 7 LNG dual-fuel ships K-content reign continues as Squid Game returns in force South Korea’s EV exports rebound in June after 16-month decline Yes, it’s K-beauty: Strong buying appetite for makeup brands even before they're up for sale