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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Activist fund Palliser Capital said on Tuesday that LG Chem Ltd. trades at a 74% discount to its net asset value, the widest among the units of all South Korean conglomerates, driving the chemical ...

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 ...

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 top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit of about 20% to focus on another budget airline it ...

Shin Yoo-yeol, the heir apparent to Lotte Group, has been elected to the board of directors of its Japanese holding company, which serves as a link between the Korean and Japanese operations of the ...

South Korea’s moribund initial public offering (IPO) market is springing back to life with a wave of high-profile companies set to go public, betting that a resurgent stock market and improving ...