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 ...

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, ...

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 ...

As tech giants double down on wearable AR platforms, Samsung’s investment in display innovation could put it at the heart of a competitive new hardware cycle, where screens smaller than a fingernail ...

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 ...

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, ...

Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($163 million) as the US private investment firm scaled ...

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., ...