FA-50 light attack aircraft

South Korea's defense contractor LIG Nex1 Co. will join hands with ROMARM, a Romanian state-run defense company, to develop anti-aircraft missiles a...

LG Electronics Inc., the world’s leading home appliance maker, aims to take profit from the electric vehicle powertrain and car lighting units...

South Korean start-up Una Stella announced on Monday that it has secured 5.5 billion won ($4.4 million) in pre-Series A funding, led by Strong Ventu...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...

Korea Aerospace Industries Ltd. (KAI) said on Thursday that it signed a memorandum of agreement (MOA) in relation to "technical cooperation on verti...

The first prototype of the South Korean fighter jet KF-21 Boramae on Tuesday made its first supersonic flight six months since its inaugural trip to...

Samsung Electronics Co. on Tuesday unveiled its latest image sensor, the ISOCELL HP2, with improved pixel technology, which is widely expected to ...

South Korea as early as the second half of next year could lift regulations on money transfers abroad that exceed $50,000 per year.Daily foreign cur...

Cloud protection is the top cyber security concern for companies this year, a study says.Samsung SDS Co. on Thursday said this in its report "Top Fi...

Asia-focused Orchestra Private Equity agreed on Wednesday to buy a 100% stake in the South Korean operations of fast food chain KFC for around 60 bi...

SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...

Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI perform a dry run test...

Hyundai Motor Co. said on Friday that its Tucson SUV has been selected as the "best family car" by the British motoring TV show Top Gear.In the rece...

Korea Aerospace Industries Ltd. (KAI) is poised to start R&D on a minesweeper helicopter that specializes in removing underwater mines.The compa...

South Korea is set to require a takeover bidder for a listed company to buy stakes held by small shareholders at the same price to be paid to a majo...

Korea Aerospace Industries Ltd. (KAI) on Wednesday said it is developing a small multi-purpose drone with reconnaissance and attack functions like t...

Everybody is aware that investment fever on biotech firms has already cooled due to rising interest rates and concerns over the fizzling economy, an...

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, is poised to invest 1.5 trillion won ($1.1 billion) in re...

Hyundai Rotem Co., a South Korean defense equipment maker, said on Wednesday it has delivered the first batch of its battle tanks to Poland as part ...

The Korea Automobile Importers & Distributors Association (KAIDA) announced on Monday that along with the easing of a supply shortage of auto se...

South Korean battery maker LG Energy Solution Ltd. and General Motors Co. plan to inject an additional $275 million in a US electric vehicle battery...

Samsung Electronics Co. is expanding its presence in Japan’s telecommunications market with a supply of 5G network equipment to NTT Docomo Inc...

Gaming giant Nexon Co. is set to acquire a 50% stake in the Autoway Tower, an office building in Seoul's Gangnam business district, from the Korean ...

South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...

South Korea’s exports fell for the first time in two years in October, posting a trade deficit for seven months in a row – the clearest ...

The South Korean economy grew at its slowest pace of the year in the third quarter on weak net exports, adding to concerns over a further slowdown i...

South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won currency adds to infla...

South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...

South Korea’s headline inflation slowed in September for a second straight month on lower oil prices, but the central bank is still predicted ...

Malaysian government officials are scheduled to visit Korea Aerospace Industries Ltd. (KAI) next month for a light fighter jet contract, media repor...