SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Thursday it has swung to a profit in the first quarter with record quarterly sales, emerging as the latest chipmaker to confirm a solid recovery in the memory semiconductor mar

KT&G Corp., the world’s fifth-largest tobacco maker, faced a $2 billion damages suit from a former employee, who claimed the South Korean company did not properly reward him although he invented the world’s first heat-not-burn cigarette.Kwak Dae-geun, a former KT&

Hyundai Glovis Co. expects an improvement in earnings this year from last year after reporting better-than-expected sales and operating profit in the first quarter largely thanks to an increase in inland delivery of finished cars in overseas markets and high car shipping rates.Th

BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, joined hands with Contemporary Amperex Technology Co. (CATL), the leading global battery manufacturer, to recover its ailing business in China with customized eco-friendly models for the world’s largest automobile and electric vehicle market.Hyundai Motor Group’s key research center in South Korea is developing EVs tailored for the Chinese market in partnership with R&