Smart Factory 3.0

South Korea’s economic growth slowed in the second quarter on weaker domestic consumption and investment by private businesses, heightening ex...

Samyang Corp., a 100-year-old South Korean chemical and food ingredient-manufacturer, is poised to cement its leadership in the Korean allulose mark...

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

Dried seaweed prices are rising at a fast pace despite handsome growth in production, leaving South Koreans puzzled over what is behind the steep pr...

South Korean chemical and auto parts maker KCC Corp. said on Monday that it developed the country's first autonomous painting robot Smart Canvas.T...

South Korea’s instant noodle giant Nongshim Co. will build a local plant dedicated to producing ramen — or ramyun, as the company spells...

BGF Retail Co., the operator of South Korea’s leading convenience store chain CU, said on Thursday that it signed a memorandum of understand...

Businesses in South Korea, Asia’s No. 4 economy, are voicing concerns about the government’s plan to mandate companies to disclose their...

Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...

South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...

In the second quarter of this year,  the market share of Samsung Electronics Co. in the South Korean smartphone market slightly increased, whil...

Seoul-based private equity firm STIC Investments has agreed to acquire global leading luxury vinyl tile (LVT) flooring firm Nox Corp. at 450 billion...

EcoPro BM Co., a South Korean cathode materials producer, said on Tuesday it has signed a memorandum of understanding (MOU) with GEM, a Chinese batt...

SK Group, the second-largest conglomerate in South Korea, is considering selling global leading specialty gas producer SK Specialty Co. for around 4...

South Korea’s LG Uplus Corp. announced on Wednesday that it will support the smart city transformation of Hwasun-gun in South Jeolla Province,...

The South Korean Ministry of Land, Infrastructure and Transport announced on Tuesday that it completed the construction of the Korea-Vietnam Smart C...

Celltrion Inc., South Korea’s biosimilar giant, will proceed with phase 3 trials for global blockbuster drug Keytruda’s copycat CT-P51, ...

South Korean tire manufacturers have nearly reached sales of 45 million units in the global market during the first half of this year, the Korea Tir...

South Korea's LG Chem Ltd. developed an eco-friendly, flame-retardant material.The company announced on Monday that its per- and polyfluoroalkyl sub...

Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...

South Korea’s corporate bond markets are having an unusually busy summer as companies are rushing to sell debts to lock in lower interest cost...

US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...

LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced the country’s first open-sourced artificial intelligence la...

Samsung Electronics Co., the world’s top memory chipmaker, has begun mass production of the industry’s thinnest low-power double data ra...

South Korean shipbuilders are in talks with Qatari state companies for an estimated $3.3 billion in deals to manufacture additional liquefied natura...

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 headline inflation remained in the 2% range for the fourth straight month in July despite a reacceleration, complicating the Ban...

South Korea’s household debt is expanding at the fastest pace in over three years, clouding growth in Asia’s fourth-largest economy and ...

South Korea’s LG Chem Ltd. has emerged as the world’s fourth chemicals producer, the second Asian company to be among the five largest a...

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