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ElectronicsS.Korea relinquishes control to China in smaller OLED market
LG Display Co. and Samsung Display Co. lost ground to their Chinese rivals in the global small and mid-sized organic light-emitt...
Jul 26, 2024 (Gmt+09:00)
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EarningsKia posts highest-ever profit margin, double Tesla's
Kia Corp., South Korea’s No. 2 carmaker, on Friday posted its highest-ever operating profit margin of 13.2% in the second ...
Jul 26, 2024 (Gmt+09:00)
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RetailE-Mart’s No Brand success story: A Korean snack chain goes global
When South Korean convenience store operator E-Mart Inc. launched its low-budget house label No Brand in 2015, few thought it wo...
Jul 26, 2024 (Gmt+09:00)
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Korean startupsBaemin founder strikes out for new trophy platform
Kim Bong-jin, a former chairman and CEO of Woowa Brothers Corp., operator of South Korea’s No. 1 food delivery app Baedal ...
Jul 26, 2024 (Gmt+09:00)
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Mergers & AcquisitionsDoosan Robotics, Bobcat ordered to clarify merger deal
South Korean regulators have ordered Doosan Robotics Inc. to amend the securities prospectus it submitted last week for its merg...
Jul 26, 2024 (Gmt+09:00)
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EnergyHanwha Solutions to raise $1.5 bn amid mounting losses
Hanwha Solutions Corp., the flagship unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, is poised to ra...
Jul 26, 2024 (Gmt+09:00)
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AutomobilesKumho Tire holds Latin American dealer convention
South Korea's Kumho Tire Co. announced on Friday that it held the Kumho Dealer Convention event from July 20 to 22 in Sao Paulo,...
Jul 26, 2024 (Gmt+09:00)
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Aerospace & DefenseHanwha, Univ. of Surrey to team up for space business
Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a mem...
Jul 26, 2024 (Gmt+09:00)
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Beauty & CosmeticsKolmar Korea, Sensient Beauty to co-develop pigments
Kolmar Korea, a supplier to global cosmetics brands such as Estee Lauder, announced on Friday that it signed a memorandum of und...
Jul 26, 2024 (Gmt+09:00)
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CompaniesSK Chemicals, Kooksoondang to develop CR-PET container
South Korea's SK Chemicals Co. and South Korean traditional rice-based wine brewery Kooksoondang Co. signed a memorandum of unde...
Jul 26, 2024 (Gmt+09:00)
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Tech, Media & TelecomSamsung SmartThings gets global certification for information security
Samsung Electronics Co. announced on Friday that its global connected living platform SmartThings received the ISO/IEC 27001:202...
Jul 26, 2024 (Gmt+09:00)
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Beauty & CosmeticsChina is LG H&H’s headache amid global K-beauty boom
South Korean cosmetics giant LG H&H Co. has yet to benefit from the global K-beauty boom due to its heavy dependence on Chin...
Jul 26, 2024 (Gmt+09:00)
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Aerospace & DefenseHanwha Ocean wins $332 mn ship order from S.Korean Navy
South Korea's Hanwha Ocean Co. announced on Thursday that it was selected as the preferred bidder for the second auxiliary oiler...
Jul 26, 2024 (Gmt+09:00)
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EarningsWoori Financial vows higher shareholder returns, value-up after record Q2
Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, plans to significantly enhanc...
Jul 26, 2024 (Gmt+09:00)
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EconomySouth Korea’s Economy Slowed Sharply in Second Quarter
South Korea’s economy slowed at a sharper-than-expected pace in the second quarter on sluggish private consumption and wea...
Jul 26, 2024 (Gmt+09:00)