CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an estimated investment of 600 billion won ($416 million) to better deal with ...
South Korea’s second-largest conglomerate SK and Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, will build a 103-megawatt AI data center in the country amid fierce global ...
LG Chem Ltd. is set to become the first South Korean company to mass-produce precursor-free cathode materials, designed for high- and mid-nickel batteries used by electric vehicle makers. At ...
LG Energy Solution Ltd. said on Wednesday that its long-term electric vehicle battery supply agreement with Ford Motor has been terminated following a notice from the US automaker, citing changes in ...
LG Display Co., the world’s No. 1 manufacturer of large-sized organic light-emitting display (OLED), will invest about 700 billion won ($500 million) to boost small- and mid-sized OLED production in ...
South Korean auto behemoth Hyundai Motor Group will invest $21 billion to expand its manufacturing in the US, which could provide Hyundai and its home country some immunity from reciprocal tariffs the ...
Chinese tech giant Tencent Holdings Ltd. has emerged as a surprise contender in a race to acquire a roughly 40% stake in Kakao Mobility Corp., the operator of South Korea’s leading ride-hailing app, ...
Kakao Corp., South Korea’s largest mobile platform, is looking to sell a majority stake in Kakao Entertainment Corp., dropping a plan to take it public following the sharp stock market downturn, ...
Doosan Group has moved a step closer to acquiring SK Siltron Co., the world’s third-largest semiconductor wafer maker, after the engineering-to-machinery conglomerate was named the preferred bidder on ...
SemiFive Inc. and TeraView Holdings Plc, semiconductor-related companies backed by US and UK shareholders, respectively are set to go public in South Korea this year amid renewed investor appetite for ...
DN Solutions, the world's third-largest and South Korea's top machine tool manufacturer, said on Tuesday that it will establish a new plant and research and development (R&D) center in Bengaluru, ...
South Korea’s HD Hyundai Co. announced on Wednesday that it completed the building of a virtual reality shipyard, the first stage of its Future of Shipyard (FOS) project. Since 2021, HD Hyundai and ...
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