South Korean aerospace and defense maker Hanwha Systems Co. is set to establish a military system to cope with small unmanned aerial vehicles (UAVs) and drones from the North while planning to develop ...

South Korea is considering its most significant overhaul in more than a decade of regulations governing supermarket chains, as lawmakers debate whether to loosen restrictions that have barred ...

Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares in the K-pop pioneer for 243.4 billion won ($177 ...

SK Pharmteco Co., a contract development and manufacturing organization (CDMO), has secured an obesity treatment order worth up to 2 trillion won ($1.4 billion) from a global pharmaceutical company, ...

South Korea’s defense industry is facing a potential disruption to its ambitions in the US market as companies race to comply with a cybersecurity certification regime that Washington is set to make ...

Battery cells for energy storage systems are emerging as a new profit engine for South Korean battery makers, cushioning weak demand from electric vehicle manufacturers as the artificial intelligence ...

Samsung Electro-Mechanics Co. is supplying several million dollars' worth of multilayer ceramic capacitors (MLCCs) to BYD Co. and Chinese automotive electronics manufacturers, according to industry ...

A 15 trillion won ($10.2 billion) battery supply agreement between South Korea’s SK On Co. and Japan’s Nissan Motor is at high risk of being scrapped – the latest evidence of a broader retreat from ...

POSCO Group, South Korea’s largest steel and energy raw materials producer, has embarked on the process to acquire a controlling stake, worth around 7 trillion won ($5 billion), in HMM Co., the ...

SK Hynix Inc., the world’s leading high bandwidth memory (HBM) chip producer, will plow in $3.87 billion to build advanced packaging and research and development facilities for AI chips in Indiana, ...

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are expected to surpass global foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC) in profitability in ...

Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($163 million) as the US private investment firm scaled ...