Seoul vows zero-tolerance measures against unfair stock trading
South Korea’s top financial regulators and its stock exchange operator will launch a joint task force to strengthen oversight of unlawful fina...
Samsung to buy US health tech firm Xealth in digital health push
Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...
South Korea asks US for tailored approach to chip tariffs
South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...
US auto parts tariffs take effect; Korea avoids heavy hit
The US has eased tariffs on automotive parts that took effect on May 3, offering a sigh of relief to South Korean suppliers, who said a worst-case s...
China bans export of Korean goods containing its rare earth metals to US
The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military con...
Doosan enters race to acquire SK Siltron in strategic semiconductor push
South Korea’s Doosan Group has entered the bidding war for SK Siltron Co., the world’s third-largest manufacturer of semiconductor wafer...
South Korea announces emergency support for auto sector against US tariffs
South Korea’s government has announced emergency-support measures for the country’s auto sector, as it rushed to ease the impact of U.S....
Hyundai chief Chung, GM CEO Barra to meet September in Detroit
Hyundai Motor Group Executive Chairman Chung Euisun and General Motors Co. Chair and Chief Executive Mary Barra are slated to meet in September in D...
Magnachip to sell display business in H1 to focus on power semiconductors
South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the end of the first half as part of a strategic shift to...
Hanmi Semiconductor to retire $90 mn treasury shares in May
Hanmi Semiconductor Co. on Thursday announced a plan to retire 130.0 billion won ($90 million) worth of treasury shares in May, marking its largest-...
SK Ecoplant seeks to sell waste treatment business for $1.4 billion
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of its waste treatment b...
Samsung, LG consider moving electronics plants to US from Mexico
South Korea’s leading electronics companies such as Samsung and LG are considering moving their plants in Mexico to the US to respond to Presi...
Hanmi Semiconductor to build new TC Bonder plant in Incheon
Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, held a ground-breaking ceremony for its seventh plant of...
Seoul Semiconductor wins patent lawsuit vs Signify
Seoul Semiconductor Co., the world’s No. 3 light emitting diode (LED) display maker, said on Thursday it has won a patent litigation case agai...
South Korea mulls visa waiver for Chinese group tourists
South Korea is considering temporary visa exemptions for Chinese group tourists to boost the domestic tourism sector, after being spooked by the bot...
Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn
South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...
S.Korea to hold IR session to unveil market-boosting steps
South Korea's government will host an overseas investor relations session to explain the country’s economic conditions and unveil market-boost...
Korean pension funds buy a net $1.2 bn in Kospi stocks in November
South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases o...
Must Asset calls on Young Poong to take steps to boost shareholder value
South Korea’s Young Poong Corp., embroiled in a fierce management control dispute with Korea Zinc Inc., is now the target of an activist fund ...
Korea Zinc drops $1.8 bn rights issue to regain shareholder support
Korea Zinc Inc., the world’s top lead and zinc smelter, on Wednesday withdrew its 2.5 trillion won ($1.8 billion) rights issue as the move to ...
First Korean American US Senator vows to cement Seoul-Washington ties
NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationsh...
SK Ecoplant establishes integrated chip service division
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, said on Thursday it reorganized its business s...
Activist fund Palliser demands SK Square draw up value-boosting measures
UK-based activist fund Palliser Capital Ltd. is calling on SK Square Co., the investment arm of South Korea’s second-largest conglomerate SK G...
S.Korean defense firms stand to gain if Harris wins Nov. election
Defense companies will stand to gain the most among South Korean companies if US Vice President Kamala Harris wins the US presidential election next...
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 ...
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 ...
LG Innotek develops AI for raw material inspection
LG Innotek, a leading South Korean electronics parts maker, said on Wednesday it developed an artificial intelligence (AI) system that can filter ou...
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...
Hanwha teams up with Australian startup for space business
South Korea’s Hanwha Aerospace Co. has joined hands with Australian startup Gilmour Space Technologies in the space business, bolstering coope...
Samsung SDI relinquishes polarizer film unit for $834 mn
Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business t...
