South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) said on Tuesday that it signed a memorandum of understanding (MOU) the previous day with China State Construction Engineering Corp.

U.S. sandwich franchise Jimmy John's will open a store in Gangnam, Seoul, in October, the company announced on Thursday. This will be Jimmy John's first store in South Korea and its first in Asia.

South Korea’s second-largest conglomerate SK and Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, will build a 103-megawatt AI data center in the country amid fierce global ...

SK Group, South Korea’s second-largest conglomerate, is seeking to sell up to a 49% stake in an artificial intelligence data center, which it is building with Amazon Web Services Inc. (AWS) in the ...

DN Solutions, the world's third-largest and South Korea's top machine tool manufacturer, said on Tuesday that it will establish a new plant and research and development (R&D) center in Bengaluru, ...

South Korean solar cell company OCI Holdings Co. said on Thursday it will build a solar cell manufacturing plant in Texas through its US subsidiary Mission Solar Energy LLC. The $265 million facility ...

Asia-focused private equity firm MBK Partners is acquiring Medit Corp., the world’s third-largest 3D dental scanner maker, for 2.45 trillion won ($2 billion). MBK on Thursday signed a share purchase ...

Samsung Electronics Co. has ramped up high-bandwidth memory (HBM) shipments in the second half of this year, bringing its share of semiconductor used in Google Inc.’s AI chips designed through ...

South Korea's Lotte GRS, the operator of fast food franchise Lotteria, plans to introduce a kitchen automation robot Alpha Grill in stores. Alpha Grill is a South Korean kitchen automation robotics ...

South Korea’s home appliance rental service provider Coway Co. has maintained the top position in Malaysia’s water purifier rental market for 10 straight years. Coway is the dominant industry leader ...

South Korea will pour more than 3 trillion won ($2.3 billion) into quantum science and technology by 2035, aiming to become the world’s fourth-largest powerhouse in the sector. The capital allocation ...

Young South Korean millionaires, placing bold wagers on unconventional financial assets such as cryptocurrencies and art, are gaining ground fast, growing in number at twice the rate of their older ...