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 ...

A historic milestone for K-pop has been achieved. The animated Netflix production KPop Demon Hunters and BLACKPINK’s Rosé have become the first K-pop acts ever to earn nominations in the Grammy Awards ...

South Korea’s two leading drugmakers, Celltrion Inc. and Samsung Bioepis Co., have achieved a significant milestone in the European biosimilar market, capturing over 50% market share in the six ...

Samsung Electronics Co., the world’s top memory chipmaker, is developing an artificial intelligence modem chip designed for satellite communications, targeting SpaceX’s Starlink network as part of its ...

Binance, the world’s largest cryptocurrency exchange, has completed its long-delayed acquisition of South Korean crypto exchange Gopax, marking its official foray into the country. The move is ...

Kia Corp., South Korea’s second-largest automaker, is accelerating its transition toward electrification, unveiling plans to add new electric models and retrofit its domestic factories as global ...

South Korea’s foreign exchange authorities delivered their first verbal intervention in one and a half years on Monday, responding to a sharp decline in the won, as escalating trade tensions between ...

Samsung Electronics Co. has recently notified major clients of an increase in DRAM prices by 15-30% for the fourth quarter, alongside a 5-10% hike in NAND flash prices, according to semiconductor ...

Samsung Electronics Co. has won long-awaited validation from Nvidia Corp. for its latest high-bandwidth memory, clearing a critical hurdle in the race to supply chips powering the next wave of ...

LG Energy Solution Ltd., one of the world’s top battery makers, has won an order to supply electric vehicle batteries to German automotive giant Mercedes-Benz in a deal estimated at 15 trillion won ...

HD Hyundai Robotics Co., an industrial robot producer under South Korea’s shipbuilding and machinery giant HD Hyundai Co., will raise 200 billion won ($144.3 million) to fuel its push into artificial ...

South Korea’s 10 largest petrochemical companies have agreed to restructure their operations, including up to 25% cuts to their naphtha-cracking capacity, as the government called for rigorous ...