Lotte Engineering

South Korea’s Hanwha Aerospace Co. is set to develop fighter jet engine materials able to resist flames of more than 1,500 degrees Celsius, wh...

Hyundai Motor Co. and Kia Corp. will cease manufacturing diesel-powered compact trucks in November and replace them with liquefied petroleum gas (LP...

Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where a strict corporate ...

South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...

South Korea’s Lotte Chemical Corp. and DL Energy have joined forces to spread carbon neutrality and environmental, social and governance (ESG)...

EcoPro Co., Hanwha Ocean Co., JYP Entertainment Corp. and Kumyang Co. are the top candidates for inclusion in the MSCI Korea Index when the global s...

Lotte Energy Materials Corp., formerly Iljin Materials and now a copper foil manufacturing subsidiary of South Korea's Lotte Chemical Corp., on Sund...

South Korea's Lotte Department Store announced on Friday that it operates a Louis Vuitton pop-up store in The Crown, located on the basement first...

South Korea's Lotte Duty Free announced on Thursday that it is opening a new store at Melbourne Airport in Australia and entering full-scale opera...

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, unveiled its ambitious plans on Mon...

South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply infrastructure with...

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of understanding (MOU) with...

South Korea’s Lotte Energy Materials Corp. said on Tuesday that growing demand for reasonably priced electric vehicles will expand the market ...

South Korea's regenerative medicine company T&R Biofab Co. on Monday said it obtained a patent in Japan for production technology for liver or...

Lotte Rental Co., South Korea’s largest car rental firm, has dropped its plan to enter the domestic used car sales market. Instead, it will st...

South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...

South Korea will pour more than 3 trillion won ($2.3 billion) into quantum science and technology by 2035, aiming to become the world’s fourth...

South Korea’s Hyundai Engineering has started pilot small-scale output ahead of mass production at its petrochemical plant in Poland.  ...

Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help suppor...

HD Korea Shipbuilding & Offshore Engineering (KSOE) said on Sunday its joint venture Makeen has broken ground on a marine engine plant in Saudi ...

The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...

One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...

The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...

Innocean, a Hyundai Motor Group-affiliated advertising agency, has acquired the Seoul-based digital marketing company D-Plan 360 to greatly rai...

With a smartphone, you can now shop at duty-free shops in Seoul without a passport.Lotte Duty Free announced on Tuesday that it has introduced the i...

South Korea's leading logistics company Hyundai Glovis Co. announced on Monday that it has signed a stock purchase agreement related to the acquisit...

Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, will tap 1 trillion won ($784.4 million) from two of the...

SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...

Vice Chairman and CEO Shin Hak-cheol of South Korea's largest chemical company LG Chem Ltd. is looking for talent in Japan to lead his company's thr...

More than 500 South Korean companies from top business groups to AI-based biotech startups are slated to attend the Bio International Convention 202...