South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to shore up its weak financial status. The conglomerate, ...

Restructuring the loss-making joint venture between Hanwha Solutions and DL Chemical could trigger a shake-up in the sector, said some industry officials. But Hanwha and DL are said to have no plans ...

Samsung Electronics Co. plans to drastically cut its chip executive jobs and restructure semiconductor-related operations as it struggles to compete with rivals such as SK Hynix Inc. and Micron ...

Elderly men at Tapgol Park in central Seoul 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 ...

Ably Corp. advertising (Photo captured from Ably's website) Chinese online shopping giant Alibaba Group Holding Ltd. has invested 100 billion won ($71.4 million) in South Korea’s top women’s clothing ...

If the R&D proves successful, the partners plan to integrate their LMR production lines at existing US sites by 2028, sources said. GM’S STRATEGIC PIVOT GM’s strategic pivot is driven by its intention ...

Smart glasses (Courtesy of OpenPR) Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR) glasses as it aims to position itself at the ...

Commercial for Classys’ beauty device Shurink Universe (File photo by Classys) Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, ...

The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 billion) from the year prior, according to GenstarMate, ...

Hanwha Q Cells plant in Dalton, in the US state of Georgia (Courtesy of Hanwha Q Cells) Hanwha Solutions Corp., the energy unit of South Korea’s chemicals-to-financial conglomerate Hanwha Group, will ...

Mirae Asset Investment Managers Pvt, Mirae Asset’s Indian asset management subsidiary, is now India’s ninth-largest asset manager with 31.9 trillion won ($22.8 billion) in assets under management. It ...

Samsung Electronics Co., the world’s leading memory chipmaker, is in talks to supply customized sixth-generation high-bandwidth memory, or HBM4, chips to major AI chipmakers, including Nvidia Corp., ...