DX Division

South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...

POSCO ICT Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Sunday that it will rebrand itself as POSCO D...

SKC Inc., a South Korean chemical materials company under SK Group, is seeking to buy semiconductor and rechargeable battery materials companies in ...

The Korea Fair Trade Commission (KFTC) on Tuesday said it will open a division specifically for reviewing global M&As given the recent growth of...

South Korea’s LG CNS Co., the information technology service arm of LG Group, is geared up to expand the digital marketing business for growth...

Poongsan Corp., South Korea’s top copper processing company, is expected to benefit as China’s exit from the zero-COVID policy bolstered...

Korea's chemical company SK Discovery Co. on Tuesday said it launched a bio strategy and investment division headed by Kim Jung-hoon, director of SK...

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it has clinched a 1.6 trillion won ($1.2 billion) deal to become a co...

Coupang, Inc. recently established the Rocket Growth Fashion division, according to industry insiders on Monday. As the name suggests, the team...

DB HiTek Co. has pulled the plug on the possible spinoff of its fabless division, named the brand business department. The decision comes on the bac...

Hanwha Solutions Corp., the energy and petrochemical arm of the Hanwha Group, is revving up for wide-ranging corporate restructuring to strengthen i...

South Korean defense makers showcased next-generation products with artificial intelligence, robot and stealth functions for the future battlefiel...

South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...

BERLIN – Samsung Electronics Co. has made “significant progress” in the company’s merger and acquisition (M&A) efforts, ...

Hyundai Motor Group will redirect the core functions of its Transportation-as-a-Service (TaaS) division and AIRS Company to its recently acquired se...

LG Electronics Inc. is going all in on South Korea’s distance learning market. For the first time in three years, the electronics giant h...

Naver Corp., South Korea’s largest online portal, on Friday reported its largest-ever quarterly revenue, led by webtoon and fintech services, ...

South Korea's Samsung Electronics Co. plans to sharply increase the number of local employees in its semiconductor division this year to address tal...

LG Electronics Inc., the global home appliance maker, suffered a lower profit in the second quarter on the back of rising commodity and logistics co...

LG Uplus Corp., the mobile network arm of LG Corp., is poised to strengthen its business-to-business (B2B) operations by utilizing its artificial in...

Hyundai Heavy Industries Co., a South Korean shipbuilding giant, is seeing its marine engine business unit emerge as the company’s cash cow.Th...

LG Electronics Inc. is poised to set up a new department at Seoul-based Yonsei University to train aspiring artificial intelligence engineers. ...

South Korea’s LG Electronics Inc. plans to drop its automotive wireless smartphone charging unit as the global home appliance giant exited fro...

South Korea's LG Display Co. swung to an operating profit in 2021 after two consecutive years of shortfalls, led by a sharp rebound in LCD panel pri...

Hyundai Motor Group, South Korea’s top automaker, will stop developing new internal combustion engines in order to accelerate its transformati...

Samsung Electronics Co. has officially launched its new set division, which combines its mobile and consumer electronics businesses into a single un...

The National Pension Service (NPS) is planning to create a new investment team dedicated to private debt and secondaries deals and equity purchases ...

IMB Dx Inc., a South Korean biotechnology startup focusing on diagnostic devices, plans to develop a platform that can detect early-stage cancer wit...

Hyundai Motor Group has created a new Transportation-as-a-Service (TaaS) division that will oversee the mobility businesses of Hyundai Motor Co. and...