South Korea’s homegrown fighter jet KF-21 is competing against US defense firm Lockheed Martin Corp.’s F-16 for the Philippine government’s multirole fighter (MRF) aircraft procurement project, with ...

In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – plan to install lithium iron ...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to begin strategic currency hedging to unload as much as $48.2 billion ...

MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach its target of $7 billion at the final close. On ...

South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed for corporate rehabilitation with a Seoul court amid ...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, plans to introduce a new benchmark portfolio framework to improve gains from ...

Smartglasses (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 forefront ...

Samsung Electronics Co. has become the largest shareholder of Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant spends heavily on the robotics business, one of its ...

South Korea’s online food delivery market is poised to hit record-high transactions in 2024 as lower fees triggered by Coupang Eats’ free delivery have spurred growth in food delivery app use even ...

SEOUL—For a major maker of semiconductors such as Samsung Electronics Co. , the artificial-intelligence boom should be a time of great promise. Instead, the South Korean technology giant is whiffing ...

South Korean tech giant Samsung Electronics Co. has joined forces with mobile carrier LG Uplus Corp. to unveil an AI smartphone embedded with a highly advanced digital assistant as early as next year.

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 ...