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 ...

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 ...

MEMPHIS, Tenn.-- South Korea’s major power system and machinery conglomerate Hyosung Heavy Industries Corp. plans to nearly double its annual transformer output in the US to over 250 units in two ...

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 ...

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 ...

South Korean solar cell company OCI Holdings Co. said on Thursday it will build a solar cell manufacturing plant in Texas through its US subsidiary Mission Solar Energy LLC. The $265 million facility ...

South Korea has set next year’s hourly minimum wage at 10,030 won ($7.3) – a 1.7% increase from this year’s 9,860 won, the second-slowest growth pace since the 1.5% rise in 2021. However, small ...

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 ...

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) said on Tuesday that it signed a memorandum of understanding (MOU) the previous day with China State Construction Engineering Corp.