Hanwha Systems signs $867 million missile radar deal with Saudi Arabia Hanwha Systems to develop extra-large UUV platform technology HanwhaSystems demonstrates its first unmanned surface vessel (USV) ...

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 ...

Kia Corp., South Korea’s second-largest automaker, extended its double-digit profit margin streak to a 10th consecutive quarter, posting record quarterly revenue in the first three months of the year.

South Korea’s exports of used cars by its homegrown auto brands are expected to hit a historic high this year, thanks to their improved brand reputation and the weak Korean currency against the US ...

MBK Partners, 2 Chinese firms vie for CJ Cheiljedang’s $4 bn bio business CJGroup is a leading South Korean food-to-entertainment conglomerate CJ CheilJedang Corp., South Korea’s largest food and ...

Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savings Bank, the largest savings bank in South Korea, ...

United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. and Goldman Sachs are set to invest a combined $700 million in Kakao Mobility Corp., South Korea’s largest taxi-hailing app, to take ...

SK Hynix Inc., the world’s second-largest memory chipmaker, reported a dramatic surge in first-quarter profits on Thursday, delivering the second-highest quarterly earnings in its history, driven by ...

LG Innotek Co., a leading South Korean electronics parts maker, will jointly develop new vision sensing systems with Boston Dynamics Inc., a major global mobile robot developer, for the latter’s ...

Shares of Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., extended their rally Wednesday after surging by the daily limit high of 30% the previous day on news ...

Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired Masimo Corp.’s audio business for $350 million, a deal that reinforces Samsung's ambitions in automotive ...

Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has received conditional approval from the country’s top financial regulator to acquire Tongyang Life Insurance Co ...