South Korean steel giant POSCO Holdings Inc. is seeking to sell its entire stake in a Chinese stainless steel joint venture as it faces growing competition with Chinese steelmakers amid a supply glut.

South Korea’s top automaker Hyundai Motor Co. defied mounting global trade headwinds and a fresh round of US import tariffs to deliver record first-quarter revenue and stronger-than-expected earnings, ...

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 ...

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 ...

Samsung Electronics Co. is on a hiring spree for senior sales managers in its foundry business, offering generous compensation packages, as it goes all-in to secure large contract chipmaking orders ...

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride tailwinds in their bids to build US warships following two US senators' introduction of new ...

A consortium of IMM Private Equity and IMM Investment Corp. is set to sell Hyundai LNG Shipping Co., South Korea’s largest liquefied natural gas (LNG) tanker operator, to Indonesia’s Sinar Mas Group, ...

South Korea’s online game developer Nexon Korea Corp. was fined 11.6 billion won ($8.9 million) for allegedly misleading its customers over in-game items of its hit online titles MapleStory and Bubble ...

Sweden’s EQT Partners, one of Europe’s largest private equity firms, has agreed to acquire a controlling stake in Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the ...

South Korea’s leading biosimilar drug developer Celltrion Inc.'s Vegzelma, a cancer drug referencing global biopharma Roche’s Avastin, has emerged as the most-prescribed medicine in Europe. According ...

Hylium Industries Inc., South Korea’s hydrogen liquefier manufacturer, has signed a deal to supply high-capacity liquefied hydrogen storage tanks to AirFirst Co., Hylium said on Wednesday. AirFirst, ...

Celltrion Inc., South Korea’s leading biosimilar drug developer, is poised to reap nearly 5 trillion won ($3.6 billion) in revenue this year after reporting its highest-ever second-quarter earnings on ...