Donald Trump Jr., the eldest son of US President Donald Trump, spent his one-and-a-half-day visit to South Korea in back-to-back private meetings with top Korean business leaders. These meetings ...

Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on premium cars and new growth engines. Their delivery ...

Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Ministry of Trade, Industry and Energy said on Tuesday.

Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility into a mid-to-large-sized shipbuilder and be the ...

SK Hynix Inc. has snatched the crown from Samsung Electronics Co. to become the world’s largest memory chip supplier for the first time since its inception, thanks to its unrivaled leadership in the ...

With stagnating electric vehicle sales or an EV chasm set to be prolonged, battery makers are increasingly turning their sights toward next-generation cylindrical batteries with the 4680 form factor.

Samsung Electronics Co., the world’s No. 1 memory chipmaker, reshuffled its leadership on Wednesday in a sweeping move as it faces an uphill battle against rivals such as SK Hynix Inc. and Taiwan ...

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 ...

Hyundai Motor Group has created a future business strategy division that serves as a control tower for the automotive group’s expansion into new areas through mergers and acquisitions and startup ...

South Korea’s Naver Corp. has been preparing for years to take its artificial intelligence-based services to the next level. The tech giant now says it’s time for takeoff. Naver, the operator of Korea ...

Kia Corp., South Korea’s second-largest automaker, extended its double-digit profit margin streak to a 10th consecutive quarter, posting record quarterly revenue in the first three months of the year.

Hankook & Company Co., the holding company of Hankook Tire & Technology Co., will ramp up battery production for energy storage systems and robots, alongside absorbent glass mat (AGM) batteries used ...