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SEOUL -- Once propelled by a decisive leadership, Samsung Electronics now finds itself falling behind competitors including Apple and Taiwan Semiconductor Manufacturing Co. (TSMC), as senior management shies away from risk.
SEOUL -- SK Hynix is looking into building a U.S. chip packaging plant, the CEO of the South Korean memory chipmaker acknowledged on Wednesday.
SEOUL -- Top South Korean online shopping group Coupang said Wednesday it will invest 3 trillion won ($2.22 billion) through 2027 to bring its fast Rocket Delivery service to more parts of the country.
SEOUL -- Renault Korea Motors will invest about 700 billion won ($523 million) to set up hybrid vehicle production facilities at its existing plant in Busan, South Korea.
SEOUL -- China's Alibaba Group Holding will invest $1.1 billion over the next three years to create a logistics network in South Korea, aiming to take on local e-commerce giant Coupang by leveraging low prices and speedy deliveries.
SEOUL -- South Korea's Samsung SDI said Wednesday that it will begin mass production of solid-state batteries for electric vehicles and other applications in 2027.
SEOUL -- After snagging its first ever operating profit last year, South Korean online retailer Coupang is aiming to extend its reach in the domestic market beyond food and daily necessities to luxury goods, leveraging a recent acquisition of high-end U.K.-based platform Farfetch.
SEOUL -- Employees at four Samsung Group companies have formed a union with roughly 15,800 members in a move aligning with the conglomerate's newfound embrace of negotiations between management and labor.