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South Korea’s Hyundai Motor Group is accelerating the urban air mobility (UAM) business with a plan to set up a research center for the sector...

Hyundai Heavy Industries Group will deploy more than half of its new hires of R&D in future growth areas such as hydrogen, self-driving vessels,...

Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...

South Korea’s battery materials maker EcoPro BM Co. won a near $9 billion order from SK Innovation Co., an unusually large contract for a medi...

South Korea-based biopharmaceutical company TiumBio is set to acquire 30 billion won ($26 million) worth of shares in SK Plasma, a blood product com...

South Korea-based Queenit, a fashion mobile platform targeting middle-aged women, has secured around 5.5 billion won ($5 million) from a pool of hig...

Semiconductor chips, electric vehicles and artificial intelligence (AI) drove the top 100 South Korean companies' spending on research and developme...

Lee Kun-hee, chairman of the world’s top smartphone and TV manufacturer Samsung Group, passed away on Oct. 25 at the age of 78, the South Kore...

South Korea is likely to allow the seven members of boy band BTS to postpone their mandatory national military service by two years until the age of 3...

South Korea’s three leading electric-vehicle (EV) battery makers are investing heavily in EV research & development projects to gain ground ...

The South Korean government plans to allocate 70% of its annual R&D budget to 40 projects for research and development in 11 core industrial...