Agency for Defense Development

Hanwha Aerospace Co., a leading South Korean defense company, on Thursday signed a $1.64 billion deal to supply 72 units of Chunmoo multiple launch ...

South Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology development organizati...

South Korea named John Lee, a former senior executive of the US National Aeronautics and Space Administration (NASA), as the head of missions such a...

North Korean hackers allegedly attacked South Korean arms manufacturers and stole technical data from them over more than a year Seoul’s polic...

HYBE Co. is seeking to sack Min Hee-jin, the chief of ADOR, its label behind globally popular girl group NewJeans, as it investigates allegations th...

Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, on Monday unveiled a teaser for an upcoming role...

German luxury carmaker BMW Group is set to support South Korean automotive startups in their overseas expansion as it on Monday opened a new researc...

Everland and Lotte World, South Korea’s two largest theme parks, posted their highest-ever profits in 2023, recovering from the COVID-19 pande...

North Asia-focused private equity firm MBK Partners is eyeing shares of South Korean enterprise software developer Tmaxsoft Co. around two years aft...

Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to jointly develop carbon fi...

South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., partnered with the renowned US music magazine Billboard on W...

POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the K...

South Korea's space launch startup Innospace announced on Wednesday that it signed a business agreement with LIG Nex1 Co. for cooperation and commer...

South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to...

South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for seniors. It al...

Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., signed a licensing deal with SM Entertainment Co. to utilize idol ...

South Korean rechargeable battery maker SK On Co. signed a memorandum of understanding (MOU) with Siemens Digital Industries Software (Siemens DISW)...

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, joined hands with US artificial intelligence defense contractor Palantir Tec...

Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...

POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Thursday that it signed a memorandum of unde...

Hyundai Motor Co. and Kia Corp. will use lithium-ion phosphate (LFP) batteries that will be mass-produced by Indian battery maker Exide Energy Solut...

AGE20's, South Korean cosmetic company Aekyung Industrial Co. 's flagship cosmetic brand, announced that it held a new cushion foundation for a Japa...

When IMM Private Equity Inc. acquired a 16.68% stake in South Korea’s top travel agency Hanatour Service Inc. for 128.9 billion won ($95.7 mil...

South Korea's Hyundai Engineering Co. announced on Wednesday that it partnered with Trimble Solution Korea to co-develop a building information mode...

South Korea’s casual multiplayer game developer Sandy Floor Games announced on Wednesday that it got a seed round investment from Kakao Ventur...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is spinning off its non-core units to focus on defense and aerospace b...

South Korea's LG Uplus Corp. announced on Tuesday that it signed a memorandum of understanding (MOU) with the domestic mobile game developer Mobir...

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., and its South Korean partner TEMC Co., have jointly ...

South Korea's SK Geo Centric Co. and Youlchon Chemical Co. announced on Sunday that they signed a memorandum of understanding (MOU) to co-develop re...

South Korea has so far failed to be included on a global major bond index, denting hopes for capital inflows into Asia’s fourth-largest econom...