South Korea is planning a sweeping restructuring of its steel industry, with government-backed plans for production cuts and an increase in the output of higher-grade specialty products, as global ...

South Korea plans to build as many as three new nuclear power plants by 2038 and put into operation at least one small modular reactor (SMR) by 2035 to become a global nuclear powerhouse. Under the ...

Samsung Group is stepping up efforts to venture into the space infrastructure industry, a sector analysts say remains a blue ocean where South Korea could secure a first-mover advantage. Samsung C&T ...

POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., said on Thursday that it has inaugurated its first European production base for electric ...

DB GlobalChip Co., the chip design subsidiary of South Korea’s chip foundry company DB HiTek Co., has begun mass-producing organic light-emitting diode (OLED) display driver ICs (DDIs) for smartphones ...

South Korea’s top automaker Hyundai Motor Co. will likely entrust the manufacturing of its automotive chips for self-driving vehicles to Samsung Electronics Co.'s foundry division. Hyundai has ...

Global defense giant Lockheed Martin Corp. and Korea Aerospace Industries Ltd. (KAI) on Tuesday agreed to expand their collaboration into future defense and aerospace technologies. Lockheed Martin and ...

South Korean tech giant Naver Corp. said on Tuesday it has partnered with WeChat Pay to offer a Naver Pay mobile pay and digital wallet service using QR codes across China. Naver said it is the first ...

LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on Wednesday that they have joined hands to develop battery ...

SAN JOSE -- Samsung Electronics Co. will launch three-dimensional (3D) packaging services for high-bandwidth memory (HBM) within the year, a technology expected to be introduced for the artificial ...

A city in the greater Seoul area is aiming to become the first in Asia to attract Madison Square Garden (MSG) Sphere, an iconic music and entertainment arena with 1.2 million light-emitting diodes ...

LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling a return of South Korea’s companies to the market ...