local manufacturing capacity

The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56...

South Korea's Boryung Corp. said on Thursday it signed a contract with Lotus Pharmaceutical, a Taiwanese oncology firm, for contract development and...

POSCO Future M Co., a battery material and steel manufacturing equipment supplier, said on Thursday it has developed electrode rod manufacturing tec...

South Korean game developers and publishers focus on investment in Poland. NCSoft Corp. said on Wednesday it signed a new intellectual property...

South Korea's Samyang Foods Co. said on Wednesday it launched the new export-only ramyun brand Mep in Thailand. Mep is the second brand for the...

South Korea’s seventh-largest conglomerate’s financial companies have opened a joint artificial intelligence center in San Francisco, a ...

South Korea's Samsung C&T Corp. said Friday it signed a memorandum of understanding (MOU) with Swedish energy company Karnfull Next AB to jointl...

South Korea's POSCO Pilbara Lithium Solution Co., a subsidiary of POSCO Group, said on Friday the completion of its second rock-based lithium hydrox...

South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 billion won ($179 mi...

Hyundai Motor Co. said on Wednesday its launch of an electric vehicle (EV) charging subscription service for vehicle owners in IndonesiaSubscribers ...

Hyundai Motor Co. said on Tuesday that it plans to invest $479 million in Malaysia over five years, starting in 2025.The South Korean automaker stat...

LOS ANGELES -- Hyundai Motor Co. on Wednesday unveiled the IONIQ 9 with a plan to produce the leading South Korean automaker’s first large ele...

CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Euro...

Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it has signed two drug manufacturing contracts worth a combin...

South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...

Samsung Electronics Co. said on Sunday it held the showcase for launching its all-in-one washer-dryer, Bespoke AI Combo, in Berlin, Germany on Nov...

Solidigm, the NAND flash-making subsidiary of South Korean chipmaker SK Hynix Inc., said on Wednesday it has launched a 122-terabyte (TB) enterprise...

Paradise Co., a South Korean casino operator, said on Tuesday it held the 2024 Paradise Taipei MICE (meetings, incentives, conferences, and exhibiti...

South Korean food giant CJ CheilJedang Corp. said on Monday that its Bibigo products will be sold in Coles, Australia’s second-largest superma...

South Korea's Tata Daewoo Commercial Vehicle Company is rebranding itself as "Tata Daewoo Mobility" to mark its 30th anniversary.Tata Daewoo held on...

Money-losing Pizza Hut Korea Ltd., the Korean master franchisee of the giant US pizza franchisor, has filed for corporate rehabilitation in Seoul in...

South Korea's SPC Group said on Monday that Mongolian government officials and local business leaders visited Passion5 in Hannam-dong, Seoul, last F...

South Korea's KakaoBank Corp. said on Sunday it partnered with Thailand’s financial giant SCBX to establish a local virtual bank.   ...

South Korea's small space launch vehicle startup Perigee Aerospace Inc. said on Friday it signed a memorandum of understanding (MOU) with Quantum Ae...

HD Hyundai Co., the world’s second-largest shipbuilder, is likely to nearly double its vessel construction capacity in Vietnam to meet surging...

Hyundai Motor Co., South Korea’s top automaker, is set to introduce a tougher emissions standards-compliant model in Europe next year ahead of...

South Korea's Lotte Card Co. launched a long-term car rental exclusive card in Vietnam to expand its presence in the local market.Its Vietnamese s...

Solus Advanced Materials, a South Korean copper foil supplier, said on Tuesday it started mass production at its second plant in Hungary, Europe&rsq...

LG Energy Solution Ltd., the world’s third-largest battery maker, said its quarterly operating profit more than doubled from the previous thre...

Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, was shortlisted as a final candidate for renewable energy projects i...