In recent years, the big buzz across industries has been around the power of artificial intelligence, with some critics raising concerns about AI exacerbating the digital divide. The power of AI is ...

Chinese online shopping giant Alibaba Group Holding Ltd. has invested 100 billion won ($71.4 million) in South Korea’s top women’s clothing app operator Ably Corp., securing a 5% stake to tap into the ...

China’s electric vehicle giant BYD Co. will debut in the South Korean passenger car market next year with premium models in hopes of becoming the first Chinese car brand to steal Korean consumers’ ...

Samsung Electronics Co., the world’s top smart TV maker, plans to offer seven years of a free upgrade to its open-source smart TV operating system Tizen for its AI-powered TVs as the company strives ...

Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or even a chasm in EV demand, said its Chief Executive ...

CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Europe and the US to expand its footing in the global food ...

LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global financial market due to concerns over US ...

South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2024, powered by the steady growth of weapons exports. The ...

Hyundai Rotem Co., a South Korean railway system and defense equipment maker under Hyundai Motor Group, is expected to clinch large defense deals in the coming months, boding well for its earnings and ...

SK Hynix Inc. will shutter its image sensor business as the South Korean memory giant doubles down on the development of premium artificial intelligence memory chips. SK Hynix announced its decision ...

LIG Nex1 inks $3.2 bn missile defense deal with Saudi Arabia LIGNex1's mid-range surface-to-air missile Cheongung II Iraq has decided to import South Korean-made mid-range surface-to-air missile ...

The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems has surged amid growing geopolitical conflicts around ...