MEMPHIS, Tenn.-- South Korea’s major power system and machinery conglomerate Hyosung Heavy Industries Corp. plans to nearly double its annual transformer output in the US to over 250 units in two ...

POSCO Future M Co., South Korea’s leading battery materials maker, has bagged a 671 billion won ($470 million) deal to supply anodes to a US automaker, its largest such deal to date, as global ...

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.

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 ...

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.

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 ...

Doosan Enerbility Co., a leading South Korean power plant engineering company, is handing over its entire 46% stake in machinery affiliate Doosan Bobcat Co. to Doosan Robotics Inc., which eventually ...

The Korean currency tumbled past 1,450 won to the US dollar on Friday as renewed risk aversion triggered by signs of a slowdown in the US jobs market compounded concerns about Korea’s $350 billion US ...

POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, has signed a strategic partnership with Cleveland-Cliffs Inc., the No. 2 US steel producer, as part of efforts to expand its ...

South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales surge in November, driven by large SUVs, hybrids and premium Genesis cars, putting the duo on course for a ...

Samsung Electronics Co., the world’s top memory chipmaker, is developing an artificial intelligence modem chip designed for satellite communications, targeting SpaceX’s Starlink network as part of its ...

SemiFive Inc. and TeraView Holdings Plc, semiconductor-related companies backed by US and UK shareholders, respectively are set to go public in South Korea this year amid renewed investor appetite for ...