K-beauty contract manufacturers see record Q2 profits; rally likely to continue

South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...
South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...
SK Innovation Co. has signed a memorandum of understanding with the government of Tra Vinh, a province in southern Vietnam and MangLub, a local soci...
Hong Kong-based private equity firm CLSA Capital Partners Ltd. has been picked as a preferred bidder to invest 50 billion won ($36.6 million) in Jun...
SK Hynix Inc. surpassed 200 trillion won ($147 billion) in market capitalization on Tuesday, becoming the second Korean stock in history to cross th...
Global memory chip markets, long weighed down by excess inventories and sagging demand, are showing early signs of a thaw.South Korea’s export...
Lotte Chemical Corp., South Korea’s second-largest petrochemical company grappling with mounting losses amid a prolonged industry downturn, wi...
SK Hynix Inc. has secured Nvidia Corp., Microsoft Corp. and Broadcom Inc. as key clients of its customized high-bandwidth memory (HBM), positioning ...
Riding the wave of global enthusiasm for K-Beauty, e-commerce powerhouses like Amazon and Alibaba are racing to bring South Korean cosmetics and bea...
South Korea’s second-largest conglomerate SK and Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, will build a 103...
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...
JLL and Savills have been tapped to lead the sale of Seoul Square, a landmark office tower, valued at around 1.4 trillion won ($1 billion), adding t...
Lotte Chemical Corp. and HD Hyundai Co. are in talks to consolidate their naphtha cracking operations in South Korea’s Daesan petrochemical co...
In a move that could reshape the global memory industry’s competitive dynamics, Nvidia Corp. has chosen US chipmaker Micron Technology Inc. as...
A consortium between US asset management firm Invesco and the real estate investment arm of SK D&D Co. has been named the preferred buyer of Nou...
Goodai Global Inc. is seeking to acquire South Korea’s first-generation independent cosmetics brand Skinfood for about 150 billion won ($108 m...
South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exce...
OpenAI Inc., the creator of generative AI ChatGPT, has established a legal entity in South Korea, which has the largest number of paying ChatGPT sub...
South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...
South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...
SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., has secured rig...
TIEN GIANG, VIETNAM – Off the coast of Vietnam’s Tien Giang Province, 36 wind turbines spin steadily with a constant whoosh and swish, g...
An auction for a co-living building, owned by South Korea’s top real estate asset management firm IGIS Asset Management Co., in the hip Hongda...
As beauty-conscious tourists continue to flock to Seoul’s clinics, South Korea’s aesthetic medicine sector may be entering a golden era,...
South Korea’s second-largest conglomerate SK Group is seeking to divest SK Signet Inc., four years after acquiring the EV charger manufacturin...
South Korean companies are flocking to the corporate bond market ahead of the country’s presidential election early next month, seeking to loc...
Medicube, the beauty-tech brand under South Korea’s fast-growing beauty company APR Co., will sell its products through both online and offlin...
SK On Co., the battery subsidiary of South Korea’s energy conglomerate SK Group, has signed a supply agreement worth an estimated 4 trillion w...
Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platfo...
SK Hynix Inc., the world’s second-largest memory chipmaker, reported a dramatic surge in first-quarter profits on Thursday, delivering the sec...
SK Hynix Inc., the leading global high-bandwidth memory (HBM) chip provider, has moved faster than its rivals in the commercialization of the next-g...