operational technology

The Asan Nanum Foundation selected Big Mobility and Hummingbirds as the top winners of the 13th Chung Ju-yung Startup Competition demo day on Novemb...

South Korea's Lotte Mart and Lotte Super will introduce a grocery-focused app, Lotte Mart Zeta, in the first half of next year to expand its digital...

South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in N...

LG CNS Co., a leading South Korean IT service provider, has launched Enerdict, an AI-powered solution designed to optimize the operations of virtual...

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, posted its highest quarterly sales in the third quarter and swung to...

LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memorandum of understand...

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 Hyundai Engineering & Construction Co. has signed a nuclear power plant design contract with Bulgaria's state nuclear power ...

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

SK Group on Friday launched the merged entity between SK Innovation Co. and liquefied natural gas supplier SK E&S Co., a key step in the energy-...

RideFlux Inc., a South Korean autonomous driving technology startup, raised 26 billion won ($1.9 million) in a Series B funding round about four mon...

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) of renewable energy a...

Samsung SDI Co., the world’s sixth-largest battery maker, continues to grapple with dwindling battery demand from the electric vehicle industr...

South Korea's Samsung Securities lowered its target price for Samsung Electro-Mechanics Co. to 160,000 won ($120) from 210,000 won. The securit...

SK Nexilis Co., the world’s largest copper foil maker, is in the final stage of negotiations to sell its thin film manufacturing division to A...

Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, has dropped its plan to go public in th...

TOKYO – Hyundai Motor Co. will accelerate its penetration into Japan, a market it has been struggling to crack for decades, with small-size el...

South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a 400-layer vertical NAND flash chip by 2026 to lead the fast-g...

Kia Corp., South Korea’s No. 2 carmaker after Hyundai Motor Co., presented a brighter outlook for this year after posting record-high operatin...

Hyundai Motor Co. on Thursday reported its worst quarterly profit margin for this year, despite delivering its highest-ever revenue for a third quar...

MUMBAI -- Hyundai Motor Co.'s Indian unit debuted on India's stock market on Tuesday as the South Korean carmaker bets big on the South Asian countr...

South Korea’s platform giant Kakao Corp. will roll out Kanana, a conversational AI agent-integrated messenger app, in the first half of next y...

A consortium of Samsung C&T Corp., South Korean state-run firms and a Turkish builder won a $1.6 billion project to build and run a highway in t...

South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...

Kimchi, Koreans’ staple food throughout millennia, has become a new, lucrative revenue source for the country’s luxury hotel chain opera...

Paris Baguette opened its 600th overseas store in Toronto, Ontario, as the leading South Korean bakery brand is rapidly expanding its global busines...

Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has offered to buy South Korean tobacco maker KT&G Corp.'s gin...

Samsung Electronics Co. will unveil its first wearable robot, Bot Fit, later this month as the South Korean tech giant delves into the global health...

South Korea's Doosan Bobcat said on Friday that its construction equipment RogueX2 won the prize in the Design Concept category at the Red Dot Desig...