Manufacturing

Lotte Group is preparing to kickstart its biopharmaceutical business as a contract development and manufacturing company (CDMO) by building a new pl...

Maye Musk, the mother of Tesla Inc. CEO Elon Musk, has been named the global ambassador for South Korea’s Ceragem Co., a manufacturer of therm...

LG Energy Solution Ltd. announced Monday it will invest 580 billion won ($451 million) to manufacture battery cells for Austin-based Tesla, Inc.The ...

South Korea’s leading steelmaker POSCO Group reignited its No. 4 blast furnace at its Gwangyang plant on June 10. The blast furnace has been u...

South Korea’s Samsung Biologics Co. has inked an $81 million contract manufacturing deal with Novartis, the world’s fifth-largest pharma...

KT&G Corp., the world’s fifth-largest tobacco company, has sued its largest e-cigarette outsourcing firm EM-Tech. Co., claiming the co-dev...

Hyundai Motor Co. and Kia Corp., South Korea’s top two automakers, are expanding their presence in Europe, the world’s second-largest el...

South Korea’s Hyundai Glovis Co. set up a logistics joint venture in Thailand to expand its business in Southeast Asia.The logistics unit of S...

The Hyundai Motor Group announced the conglomerate’s domestic investment blueprint on Wednesday. The backbone of the investment plan is to ma...

South Korea’s Iljin Materials Co. plans to invest 500 billion won ($391.2 million) in a battery materials plant in Spain, its first production...

South Korea's Lotte Group has agreed to buy Bristol Myers Squibb's (BMS) biologics plant in Syracuse in the state of New York for $160 million, the ...

South Korea’s consumption and capital expenditures fell last month although production rebounded, government data showed, indicating the momen...

South Korea’s retail investors are increasingly more bullish in startups than in manufacturing or retail firms. The Ministry of SMEs an...

Kyungdong Navien Co. revealed on Sunday that overseas sales account for more than 60% of its total sales on the back of strong exports to the United...

HK inno.N is expediting its global expansion with its latest drug K-Cab designed to treat peptic ulcers.The South Korean pharmaceutical company an...

PI Advanced Materials Co., the world’s largest polyimide (PI) film manufacturer, has drawn about 10 preliminary bidders, including The Carlyle...

The increase in the price of carbon emission rights is dealing another blow to South Korean companies reeling from soaring raw materials and logisti...

South Korea’s manufacturing sector saw an unexpected revival during the economic downturn caused by the COVID-19 pandemic. Last year, 23 ...

South Korean companies, especially manufacturers, suffered surging commodity prices, a weak won currency and global logistics disruptions in the fir...

South Korean exporters such as Hyundai Motor Co. and Kia Corp. are jittery as the country’s won currency hit its strongest level versus the Ja...

Hyundai Motor Co. is introducing a multiple vehicle assembly system at its main plant in South Korea to better respond to rising market demand for d...

South Korean silicon wafer maker SK Siltron Co. on Wednesday announced a plan to spend 1 trillion won ($810 million) on its domestic capacity expans...

South Korea’s clothing original equipment manufacturers (OEM) are set to see a supercycle or a sustained period of expansion driven by robust ...

Hanwha Defense Co. announced Wednesday it has secured a large property in Australia for building a production facility for the K9 Thunder self-prope...

South Korea's commercial drone manufacturer Nearthlab plans to apply for an initial public offering this year to get listed on the junior Kosdaq mar...

Samsung Electronics Co.'s spectacular 2021 earnings report on Thursday was overshadowed by its murky business outlook, as the world’s top make...

A robot with a humanoid arm is busy at work transporting parts inside Doosan Robotics’ manufacturing plant in Suwon City, Gyeonggi Province.&n...

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

EcoPro BM Co., South Korea’s top cathode materials producer, has decided to set up its first overseas plant in Hungary.EcoPro BM on Dec. 9 ann...

Kia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at its smart factory for the EV6, its firs...