duty-free industry

Samsung Electronics Co. and LG Electronics Inc. are unveiling new artificial intelligence-powered laptops next month, joining an industry move to in...

Kolon Industries Inc., a South Korean chemical and textile manufacturer, is downsizing its industrial film business amid weak demand and growing com...

The South Korean battery industry is facing pressure to cut its reliance on Chinese capital as the US government on Dec. 1 issued guidance that will...

South Korean chemical and food company Samyang Corp. announced on Monday that it released new industrial water treatment materials Triraite Reverse ...

South Korea’s top steelmaker POSCO started to construct an industrial gas production facility with a capacity of 250,000 tons at its seconda...

South Korea’s Fashion Group Hyungji and China’s largest clothing exporter Dishang Group signed a memorandum of understanding (MOU) to te...

China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of a...

South Korea’s top auto parts maker Hyundai Mobis Co. said on Thursday it has developed an innovative premium display for vehicles – the ...

South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a drop in chip producti...

Mobility has evolved at an incredible pace over the years. But there’s one thing that hardly changes – the configuration of the drivetra...

Lotte Chemical Corp. said on Tuesday it has developed a technology to improve the durability of electric vehicle cell materials by enhancing the sta...

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Tuesday that it plans to strengthen Swoop, a logistics service o...

Hyundai Motor Group’s Executive Chairman Chung Euisun is firming his reputation as a leader in the global auto industry as he is once again re...

Lotte Group is considering sprucing up the Lotte World Tower in Seoul, the tallest building in South Korea, to maintain its position as a landmark s...

SINGAPORE – Hyundai Motor Group on Tuesday officially inaugurated its first mobility innovation center in Singapore powered by a slew of smart...

LG Electronics Inc., the leading global home appliance maker, has actively separated new business organizations into independent in-house entities, ...

South Korea's Hanyang Corporation announced on Thursday it signed a memorandum of understanding (MOU) with the US industrial gas company Air Product...

South Korea's HD Hyundai Infracore Co. will sell excavators at a department store for the first time in the domestic construction equipment indust...

South Korea’s chemical maker LG Chem Ltd. is expected to reap more than 1 trillion won ($768.5 million) in sales this year from its new growth...

Samsung Electronics Co. on Wednesday unveiled the T5 EVO portable SSD, a lightweight portable Solid-State Drive (SSD) that provides up to 8 terabyte...

The global semiconductor industry is bottoming out, executives say, signaling a rebound in some areas of technology and providing relief for the U.S...

South Korea's HD Hyundai Group new opened on Monday HD Hyundai Electrification Center at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi ...

South Korea's cement maker SsangYong C&E Co. is investing 800 billion won ($616 million) in facilities to reduce environmental pollution in the ...

HMM Co., South Korea’s top shipping company, is expanding its fleet, especially bulk carriers, for stable profits amid the sluggishness of the...

South Korea's Doosan Enerbility Co. announced on Thursday it secured a contract for dry storage systems of spent nuclear fuel comprehensive design s...

South Korea's The Shilla Duty Free announced it partnered with Line Pay Taiwan to attract South Asian tourism on Thursday. Line Pay is the top mobil...

South Korean steelmakers, including the world’s sixth-largest steelmaker POSCO, are facing a longer-than-expected winter in steel demand as th...

South Korea’s LG Chem Ltd. and its spinoff LX Hausys Ltd. have jointly developed a material that delays the thermal runaway of electric vehicl...

Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...

SK Hynix Inc., the world’s No. 2 memory chipmaker, on Thursday reported its fourth straight quarterly loss, but narrowed the shortfall thanks ...