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K-beauty defies trade headwinds as exports to China, US lead sales growth
Oera is the luxury skincare brand of Handsome, a cosmetics unit of Hyundai Department Store South Korea’s beauty industry is…
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Samsung unveils upgraded AI-powered OLED TVs
Yong Seok-woo, head of Samsung’s visual display division, presents its latest OLED TV lineup (Courtesy of Samsung Electronics) Samsung Electronics…
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South Korean stocks, currency dive amid deeper US tariff turmoil
KB Kookmin Bank dealing room (Courtesy of News1 Korea) The South Korean stock market logged its biggest daily loss of…
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HD Hyundai on course for $1.55 bn order amid US-China trade war
A container ship built by HD Hyundai HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key…
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Korean entertainment stocks gain, unfazed by US tariff concerns
CJ ENM hosts KCON, the world’s largest K-pop festival, annually in Los Angeles (Courtesy of CJ ENM) South Korean entertainment…
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Samsung, LG reconsider Vietnam strategies as Trump slaps steeper tariffs
US President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C. on…
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DB GlobalChip forays into mobile phone OLED driver chip market
DB HiTek plant in Bucheon, Gyeonggi Province, South Korea (Courtesy of DB HiTek) DB GlobalChip Co., the chip design subsidiary…
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Samsung mobile chief fills leadership void in device division
Samsung Electronics President TM Roh introduces the Galaxy S25 series (Courtesy of Samsung Electronics) Samsung Electronics Co. has appointed TM…
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UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte
(Courtesy of Getty Images) UBS Group AG, the frontrunner in South Korea’s M&A market last year, retained the top position…
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Hahn & Co. acquires SK Specialty for $1.8 billion
SK Specialty’s headquarters in Yeongju, North Gyeongsang Province, South Korea (Courtesy of SK Specialty) Hahn & Co., South Korea’s largest…
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Samsung SDI outpaces LG Energy in 46 mm-diameter battery production
Samsung SDI showcases its lineup of 46 mm-diameter cylindrical batteries at InterBattery 2025 in March Samsung SDI Co. has become…
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Samsung’s Lee meets with Xi amid Beijing’s balancing act vs Washington
Samsung Electronics Chairman Lee Jae-yong (fourth from left, front row) attends the China Development Forum in Beijing on Saturday (Courtesy…
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Samsung Electronics Vice Chairman Han Jong-hee dies of heart attack at 63
Samsung Vice Chairman and CEO Han Jong-hee Han Jong-hee, vice chairman and chief executive of Samsung Electronics Co., has died…
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Samsung Chairman Lee meets with Xiaomi CEO Lei Jun for partnership
Samsung Electronics Chairman Lee Jae-yong (left) meets with Xiaomi CEO Lei Jun in Beijing on March 22, 2025 BEIJING –…
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Korea eyes laws akin to US AMPC to offer subsidies for its battery makers
EV battery system platform Ultium, jointly developed by LG and GM South Korea, home to the world’s leading battery makers…
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LG Electronics restarts home appliance plant in Russia
LG Electronics’ built-in home appliance product line-up LG Electronics Inc. has resumed operations at its home appliance plant in Russia…
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Samsung to expand in robotics, medtech; eyes sizeable M&As
Han Jong-hee, chief executive of Samsung Electronics, speaks at a shareholder meeting on March 19 Samsung Electronics Co. will accelerate…
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Hyundai chief Chung Euisun targets software-led car dominance by 2028
Hyundai Motor Chairman Chung Euisun Hyundai Motor Group Chairman Chung Euisun has set an ambitious target to outpace Tesla Inc.…
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SK Hynix ships world’s first 12-layer HBM4 samples early
SK Hynix booth design at GTC 2025 in San Jose, CA (Courtesy of SK Hynix) South Korean memory chip giant…
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Samsung in ‘do or die’ situation’; Lee sounds crisis alarm
Samsung Electronics Chairman Lee Jae-yong, also widely known by his English name Jay Y. Lee Samsung Electronics Co. Chairman Lee…
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MBK chairman to leverage own funds to pay Homeplus suppliers
Michael ByungJu Kim, co-founder, partner and chairman of MBK Partners Michael ByungJu Kim, co-founder, partner and chairman of Northeast Asia-focused…
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Shinhan Bank partners with Hyundai Mobis for loan services to suppliers
A Shinhan Bank branch in Seoul Hyundai Mobis Co., South Korea’s top auto part maker, has partnered with the country’s…
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Samsung SDI to raise $1.4 bn in rights offering for facility expansion
Samsund SDI’s EV battery mockup displayed during the 2025 Interbattery on March 3, 2025 (Courtesy of News1 Korea) Samsung SDI…
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Samsung to invest $10 million in US-based C2N Diagnostics
(Courtesy of Getty Images) Samsung Group companies will jointly invest $10 million in C2N Diagnostics LLC, a U.S.-based company specializing…
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Magnachip to sell display business in H1 to focus on power semiconductors
Automotove chips (File photo by Magnachip) South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the…
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Samsung E&A buys Norwegian Nel’s stake for hydrogen business
![Samsung E&A buys Norwegian Nel’s stake for hydrogen business]()
Samsung E&A CEO Namkoong Hong (left) and Nel President & CEO Håkon Volldal take a picture after signing deals on…
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Samsung Heavy eyes $5.5 bn FLNG ship deals as Trump sanctions China
![Samsung Heavy eyes $5.5 bn FLNG ship deals as Trump sanctions China]()
Samsung Heavy builds the hull side of an FLNG facility at its shipyard in Geoje, Korea GEOJE, South Gyeongsang –…
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Korean snacks mesmerize global consumers amid K-pop popularity
![Korean snacks mesmerize global consumers amid K-pop popularity]()
▲ Snack wars with Blackpink’s Rose South Korea’s snack exports soared to a record high in February, surpassing $40 million…
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Samsung’s system chip, foundry business under close scrutiny for overhaul
![Samsung’s system chip, foundry business under close scrutiny for overhaul]()
A researcher in a Samsung Electronics chip cleanroom Samsung Electronics Co., the world’s largest memory chipmaker, has put its system…
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SK Hynix to exit image sensor market to focus on AI chips
![SK Hynix to exit image sensor market to focus on AI chips]()
(Courtesy of SK Hynix) SK Hynix Inc. will shutter its image sensor business as the South Korean memory giant doubles…
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Seoul Guarantee Insurance to raise $124 million from IPO
![Seoul Guarantee Insurance to raise $124 million from IPO]()
Seoul Guarantee Insurance headquarters building Seoul Guarantee Insurance Co. (SGI) will raise 181.5 billion won ($124.2 million) through an initial…
