Samsung Group is stepping up efforts to venture into the space infrastructure industry, a sector analysts say remains a blue ocean where South Korea could secure a first-mover advantage. Samsung C&T ...

South Korean tech giant Naver Corp. said on Tuesday it has partnered with WeChat Pay to offer a Naver Pay mobile pay and digital wallet service using QR codes across China. Naver said it is the first ...

Global defense giant Lockheed Martin Corp. and Korea Aerospace Industries Ltd. (KAI) on Tuesday agreed to expand their collaboration into future defense and aerospace technologies. Lockheed Martin and ...

LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on Wednesday that they have joined hands to develop battery ...

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

LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billion), as part of its business reshuffle to bolster new ...

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 ...

Global buyout firms have swept up most of South Korea’s large-scale mergers and acquisitions this year, filling the vacuum left by domestic private equity groups reeling from political and public ...

South Korea’s CJ Logistics and Aidin Robotics recently signed a memorandum of understanding to co-develop and commercialize logistics robots. Under the agreement, CJ Logistics will provide data on the ...

Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the country’s No. 2 player in the enterprise resource planning (ERP) market, is searching for a new owner. The move ...

Sweden’s EQT Partners, one of Europe’s largest private equity firms, has launched the sale of Acuon Capital Corp. and Acuon Savings Bank Co., in what could become one of the largest financial-sector M ...

Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business to Chinese rival Wuxi Hengxin Optoelectronic Materials for ...