Corporate strategy
Corporate strategy
KT&G eyes overseas M&A after rejecting activist fund's offer
Apr 25, 2025 (Gmt+09:00)
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Corporate strategy
Samsung seeks tech alliance with top US universities for robotics, AI, 6G
In an ambitious bid to shape the future of technology, Samsung Electronics Co. is launching a sweeping initiative to collaborate with elite North Ame...
Apr 22, 2025 (Gmt+09:00)
4 Min read -
Corporate strategy
Orion behind original Choco Pie to invest $580 million in new plants
Orion Corp., a South Korean confectionery and snack manufacturer, will inject 830 billion won ($580 million) over three years to expand snack manufac...
Apr 16, 2025 (Gmt+09:00)
4 Min read -
Corporate strategy
Dongwon Industries to delist wholly owned Dongwon F&B
Dongwon Industries Co., the holding company of South Korea’s seafood-to-logistics Dongwon Group, will delist its canned tuna-manufacturing subs...
Apr 15, 2025 (Gmt+09:00)
2 Min read -
Corporate strategy
Hyundai chief Chung Euisun targets software-led car dominance by 2028
Hyundai Motor Group Chairman Chung Euisun has set an ambitious target to outpace Tesla Inc. in software-defined vehicle (SDV) technology by 2028, und...
Mar 19, 2025 (Gmt+09:00)
3 Min read -
Corporate strategy
Hankook Tire seeks to evolve beyond tires, auto parts
Hankook & Company Co., the holding company of Hankook Tire & Technology Co., will ramp up battery production for energy storage systems and r...
Mar 19, 2025 (Gmt+09:00)
2 Min read -
Corporate strategy
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 closed...
Mar 18, 2025 (Gmt+09:00)
2 Min read -
Corporate strategy
Hanwha Aerospace ups stake in Hanwha Ocean in $900 mn block deal
Hanwha Aerospace Co. will acquire an additional 1.3 trillion won ($900 million) worth of shares in Hanwha Ocean Co. from its sister companies through...
Feb 11, 2025 (Gmt+09:00)
1 Min read -
Corporate strategy
POSCO Holdings unveils aggressive value-up plan, hike in cash dividends
South Korea’s steel-to-battery materials conglomerate POSCO Group on Monday unveiled a spate of corporate value-up measures, including a higher...
Dec 23, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Doosan Bobcat unveils massive corporate value-up plans
Doosan Bobcat Inc., a global construction machinery maker owned by South Korea’s Doosan Group, has unveiled massive corporate value-up measures...
Dec 17, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Kia vows to drastically raise shareholder returns, hike EV, hybrid sales
Kia Corp., South Korea’s second-largest automaker, plans to drastically raise its shareholder return rates to bolster shareholder value. The co...
Dec 04, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
Hyundai Mobis aims to expand non-captive sales to 40% as it goes global
South Korea’s top auto parts maker Hyundai Mobis Co. on Tuesday said it aims to boost non-Hyundai Motor Group affiliate sales to 40% of its tot...
Nov 19, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
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 st...
Oct 18, 2024 (Gmt+09:00)
1 Min read -
Corporate strategy
Apparel maker Hansae sets sights on auto parts business as growth driver
HO CHI MINH CITY – South Korean apparel maker Hansae Yes24 Group has set its sights on the auto parts business as a new growth driver to divers...
Oct 16, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
K Bank aims to turn into AI-based investment platform: CEO
K Bank, the digital banking unit of South Korean telecom giant KT Corp., aims to turn into an AI-based investment platform after going public later t...
Oct 15, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Lotte Shopping to set up Singapore holding firm, eyes its IPO
Lotte Shopping Co., South Korea’s leading retail company, will transform its special purpose company (SPC) in Singapore into a holding firm to ...
Oct 11, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
Samsung retains No. 5, Hyundai climbs to No. 30 global brand
Samsung Electronics Co., South Korea’s most valuable company in terms of market capitalization, saw its brand value top $100 billion for the fi...
Oct 10, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
CJ Group explores Saudi Arabia's entertainment potential
CJ Group, South Korea’s food-to-entertainment giant, is exploring business opportunities in Saudi Arabia's entertainment and logistics sectors,...
Sep 25, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
Hyundai's Chung to nurture Czech plant as hub for eco-friendly mobility
Hyundai Motor Co. Executive Chairman Chung Euisun has vowed to turn the South Korean automotive conglomerate’s plant in the Czech Republic into...
Sep 22, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted
South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive marketing by Chinese...
Sep 19, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
LG CNS establishes joint venture with Sinarmas in Indonesia
South Korea's LG CNS Co. said on Thursday that it established a joint venture LG Sinarmas Technology Solutions in Indonesia with Sinarmas Group in Ja...
Sep 12, 2024 (Gmt+09:00)
1 Min read -
Corporate strategy
Lotte to foster Pepero as global brand by 2035: Chairman Shin
Lotte Group has selected Pepero — a thin chocolate-covered stick cookie — as the first brand that it will foster into one of the world&rs...
Sep 08, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
AI-driven shifts will unlock opportunities: SK Chairman
Challenges are ahead but the artificial intelligence industry will eventually boom, opening new markets, said South Korea’s second-largest busi...
Aug 22, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
LG to seek most of profit from new growth engines
LG Electronics Inc., the leading global home appliance maker, aims to generate most of its profit from future growth drivers by 2030 as the South Kor...
Aug 21, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Stock-rich KCC's shareholdings exceed its market cap
KCC Corp., a paint and glass maker but better known as a white knight for South Korean conglomerates, holds more than 4 trillion won ($3 billion) wor...
Aug 21, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
SK seeks sale of specialty gas unit for around $3 bn
SK Group, the second-largest conglomerate in South Korea, is considering selling global leading specialty gas producer SK Specialty Co. for around 4 ...
Aug 19, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
Lotte leader Shin Dong-bin stresses pivot to AI-centered innovation
Shin Dong-bin, chairman of South Korea’s retail, food and chemicals conglomerate Lotte, on Friday urged affiliate executives to ramp up efforts...
Jul 19, 2024 (Gmt+09:00)
3 Min read -
Corporate strategy
POSCO seeks restructuring for $1.9 bn injection in battery materials
POSCO Holdings Inc. aims to raise its corporate value through an ambitious scheme that entails securing 2.6 trillion won ($1.9 billion) through restr...
Jul 14, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
POSCO aims to quadruple operating profits by 2030
POSCO Group, South Korea’s No. 1 steelmaker, has set an ambitious goal of quadrupling its operating profits and doubling revenue by 2030 with a...
Jul 02, 2024 (Gmt+09:00)
2 Min read -
Corporate strategy
Hyundai Glovis to spend $6.5 billion, seek M&As for expansion
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it will spend 9 trillion won ($6.5 billion) through...
Jun 28, 2024 (Gmt+09:00)
2 Min read
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