LG Electronics is set to acquire OSO, a European premium hot water solution company. Following Samsung, LG is now also embracing a heating, ventilation, and ai ...

The industrial sector is on edge as labor unions show signs of legal action. Former Kia employees have won their final appeal in a third lawsuit demanding the ...

On June 30, the dollar-won exchange rate fell to the 1,350 won level, its lowest in about 8 months.In the Seoul foreign exchange market, the weekly closing pri ...

On June 30, domestic cosmetics stocks showed collective strength following news that Korea’s cosmetics exports surpassed the United States, rising to second pl ...

Projections suggest that Doosan Enerbility’s Small Modular Reactor (SMR) sales could exceed 3 trillion won (approximately $2.22 billion) by 2030. This forecast ...

Hyundai Steel, Korea’s largest rebar producer, is implementing a temporary shutdown of all its domestic plants in response to market stagnation. While the comp ...

Samsung Electronics’ share of market capitalization in the KOSPI has fallen to its lowest level in nine years. This decline is largely attributed to business s ...

LG Chem has once again delayed the schedule for acquiring additional shares in “LG Toray Hungary Battery Separator Kft (hereinafter LTHS),” a Hungarian membran ...

On June 29, Korea Zinc announced a significant step forward in its sustainability efforts by signing a research service contract with the U.S. Department of En ...

Hyundai Engineering & Construction (Hyundai E&C) is making significant strides in establishing a strategic foundation for entry into the U.S. nuclear power mar ...

Hanwha Group has lost its management control over the Norwegian solar silicon manufacturing company REC Silicon ASA. This development follows a U.S. court’s de ...

Samsung Electronics and LG Electronics are ramping up their efforts to expand the distribution of OLED TVs as a strategic response to the rapid market share ga ...