space industry

South Korea’s Hanwha Aerospace Co. announced on Wednesday that it was selected as the next-generation launch vehicle KSLV-III operator, follow...

South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...

South Korea seeking to join the global space power club is set to recruit about 120 local and foreign space experts for the country’s space ag...

Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...

LG Electronics Inc. on Wednesday unveiled its electric vehicle charging solutions optimized for homes, commercial spaces and charging stations at 20...

Hanwha Ocean Co., the world’s second-largest shipbuilder, is seeking new legal action against HD Hyundai Heavy Industries Co. over the bigger ...

South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...

Hyundai Heavy Industries Power Systems Co. (HPS) will join hands with HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) and CE-TEK Ltd. to...

Kakao Ventures Corp. has made an undisclosed amount of seed investment into Omelet, a South Korean early stage startup developing industrial operati...

South Korea’s major chemical materials producer Kolon Industries Inc. will team up with SK Microworks Co. to regain ground in the Chinese film...

Samsung Electronics Co. has developed the industry’s first 36-gigabyte (GB) 12-layer high-value, high-performance memory chip in a bid to rest...

Kolon Industries Inc. has upgraded its smart factory system to ensure its doubled production capacity of super fiber aromatic polyamide fibers (aram...

CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry domi...

LG Electronics Inc. announced on Monday that it opened its "Life's Good" brand experience space in Singapore. Located in the upscale Millenia Walk m...

Korea Aerospace Industries Ltd. (KAI) and Hyundai Rotem Co. announced on Friday that they held a kickoff meeting for a working group on the commerci...

Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU) for defense cooper...

Hyundai Motor Co. and The Whitney Museum of American Art announced a new 10-year partnership that enables artists to test their aspirations and in...

The Seoul Central District Court on Monday acquitted Samsung Electronics Co. Chairman Jay Y. Lee of charges of being involved in illegal activities ...

The Seoul Metropolitan Government plans to turn an abandoned train maintenance depot in the central district of Yongsan into the world’s large...

Secondary strategy is South Korean institutional investors’ top pick for private equity investments for two straight years, a survey showed. Man...

South Korea’s SGC eTEC E&C Co. said on Thursday that it signed an agreement with OCIM, OCI Holdings Co. 's Malaysian subsidiary, to join...

Global real estate will be the least-chosen asset class for South Korean institutional investors this year, according to a recent survey. Despite curr...

AliExpress, an e-commerce arm of China’s Alibaba Group, has offered Korean companies zero commissions, under which it will not charge a sales ...

The South Korean travel retail industry, once considered the country’s golden goose, is forced to streamline operations given no signs of a dr...

South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...

The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...

When Orion Corp., known for its signature snack cake Choco-Pie, announced a $415 million deal to acquire biotech startup LegoChem Biosciences Inc. l...

South Korean banks are in a race to advance into Poland to support Korean companies rushing to build factories in the new offshore manufacturing hub...

South Korea plans to dole out harsher punishments for industrial espionage, with a proposal to triple the penalty for an overseas leak of national t...

Coworking space provider WeWork Inc. plans to downsize its business in South Korea, according to banking sources on Sunday. Market watchers say inve...