Local Manufacturing Capacity

Hyundai Motor Group said on Wednesday that it held the inaugural ceremony for the first cohort of H-Jump School Indonesia in Jakarta, Indonesia, the...

HD Hyundai Electric Co., a South Korean electric power distribution equipment manufacturer, will spend 120 billion won ($89 million) to build its th...

OCI Co. has won a contract from SK Hynix Inc. to supply it high-purity phosphoric acid, becoming the country’s first to provide the core chip-...

The Korean Ministry of SMEs and Startups said on Friday that the "2024 Korea Shopping Festa with Lotte" export consultation event, held in collabo...

South Korea's Hyundai Mobis Co. said on Thursday that it held the M-Sphere 2024 exhibition at its Uiwang Research Center in Gyeonggi Province from...

One Store Co., South Korea’s homegrown app marketplace, will take on Apple Inc. and Google LLC in the global app market by offering tailored s...

Lotte Energy Materials Corp., a major South Korean battery materials maker, said on Tuesday it has developed a nickel-plated copper foil for use in ...

Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a mem...

Cosmax Inc., South Korea's largest cosmetics original development and design manufacturer (ODM), said on Thursday that it signed a strategic memoran...

South Korea's CJ CheilJedang Corp. announced on Wednesday that it will launch Bibigo dumplings at supermarket chains New World and PAK’nSAVE i...

South Korea's HD Hyundai Infracore Co. announced on Tuesday that it signed a contract to supply 100 excavators and wheel loaders to Saudi Arabia's l...

Pond Group, a South Korean original design manufacturing (ODM) clothing company, said on Monday it has acquired Most Inc., a domestic beauty product...

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil the industry’s highest-capacity enterprise solid-state dr...

South Korea's Shinhan Financial Group opened a new headquarters in Ho Chi Minh City, Vietnam.Shinhan Financial held an inauguration ceremony for t...

South Korean cybersecurity firm RaonSecure Co. announced on Tuesday that it secured a project for Indonesia's integrated digital identity (ID) servi...

Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel unit of South Korea's Dongkuk Holdings Co., has agreed to buy Aju Steel Co. specializin...

SK Telecom Co., South Korea’s top mobile carrier, reported a higher quarterly profit as its cost-cutting and strong artificial intelligence (A...

South Korean e-commerce companies have seen a sharp decline in series A funding over the past three years amid intensifying competition with Chinese...

SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) distributor, has postponed the commercial operation of its combined cycle power...

BalanceHero, a South Korean fintech startup that entered the Indian market, announced on Friday that its sales and loan execution amounts for the fi...

South Korea’s leading battery materials maker EcoPro BM Co. is considering reducing cathode output capacity despite continuous investments in ...

South Korea's Shinsegae Department Store announced on Wednesday that its off-price retail chain, Shinsegae Factory Store, will expand its global foo...

HD Hyundai Electric Co., an energy solution provider under South Korean shipbuilder HD Hyundai, said on Sunday it completed a 12,690-square-meter st...

Kim Bong-jin, a former chairman and CEO of Woowa Brothers Corp., operator of South Korea’s No. 1 food delivery app Baedal Minjok — Baemi...

South Korea’s food and beverage company Paldo is strengthening its competitiveness in the Philippine market.Paldo announced on Thursday that i...

Hyundai Motor Co. announced on Monday that it established the Hyundai EV Charging Alliance with six local private charging operators at the Gaikindo...

South Korea’s largest biosimilar maker Celltrion Inc. said on Tuesday that its third plant in Sondgo, west of Seoul, is undergoing process val...

South Korean manufacturers are increasingly moving abroad as the country's electricity bills are hovering about 30% higher than those of major eco...

South Korean mobility platform Kakao Mobility said on Monday that it launched an overseas car rental service accessible through its Kakao T app.The ...

Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it will enter Vietnam's individual long-term car rental market in ...