The South Korean government has secured the release of about 300 nationals detained following a raid by US authorities on an ele ...

Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, marking the first order by a US shipyard for an export ...

South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp., the world’s No. 3 and No. 1 automakers, respectively, are teaming up via their affiliates to accelerate the development of humanoid ...

Samsung Electronics Co. has become the largest shareholder of Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant spends heavily on the robotics business, one of its ...

South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing competition. For years, Amorepacific Corp., LG H&H Co. and ...

South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures such as electric vehicle materials, hydrogen and ...

SK Ecoplant Co., a South Korean construction engineering and waste management company, is seeking to absorb the profit-making subsidiaries of SK Materials Co., an industrial gas business unit within ...

TAIPEI – South Korea’s Samsung Electronics Co., the world’s largest memory chipmaker, is partnering with its foundry rival Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly develop a ...

One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population and the world’s lowest birthrate. The Ministry of the ...

From a shipbuilding boon to steel-sector gloom, South Korea’s export-reliant industries face diverging paths after Seoul struck a tariff deal with Washington on Thursday to lower sweeping US duties on ...

The idea of robots not just taking over menial tasks and tough jobs at logistics centers but also working as personal secretaries or in autonomous driving has been around for a long time. That’s why ...

Lotte Tour Development's Jeju Dream Tower (Courtesy of Lotte) South Korea’s Lotte Tour Development's Jeju-based casino saw record revenue in July thanks to an increased number of foreign ...