News

Absolics Inc., the US glass substrate affiliate of South Korean chemical materials company SKC Ltd., has been selected to receive up to $100 million in research and development grants from the US ...
LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global financial market due to concerns over US ...
South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development and manufacturing organization (CDMO) market, the company said on Monday, citing its founder and Chairman Seo ...
Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or even a chasm in EV demand, said its Chief Executive ...
Samsung Electronics Co., the world’s top smart TV maker, plans to offer seven years of a free upgrade to its open-source smart TV operating system Tizen for its AI-powered TVs as the company strives ...
SK Energy Co., South Korea’s largest oil refiner, is set to start commercial operations of a production line for sustainable aviation fuel (SAF) next month to meet growing demand for the eco-friendly ...
CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Europe and the US to expand its footing in the global food ...
SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank for more funding as it is set to streamline its business to ...
LG Electronics Inc. is set to list its wholly owned subsidiary in India on the country's stock exchange in early May, aiming to raise up to $1.5 billion – a move intended to position South Asia as an ...
Kakao Entertainment Corp. has been divesting unprofitable music labels and digital content platforms, which it has gobbled up over the past few years as their deteriorating performance dragged on its ...
Samsung Electronics Co., the world’s top memory chipmaker, aims to introduce three-dimensional (3D) DRAM, a game-changer in the artificial intelligence industry, in 2025 to lead the global AI ...
South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the ...