Korea Aerospace Industries (KAI), an aircraft manufacturer, clinched a 1.4-trillion-won ($1.08-billion) deal from the country’s defense procurement agency to produce combat helicopters.
The contract, announced...
Shares of Samsung Electronics continued their winning streak Tuesday amid upbeat expectations for AI and memory chips next year.
The company's shares closed at 76,600...
HD Hyundai partnered with Google Cloud to create an AI-based platform providing enterprise solutions in key sectors such as shipbuilding and construction machinery.
The collaboration,...
Hanwha Ocean clinched a 1.1 trillion-won ($845 million) deal Friday to build a 3,600-ton submarine for the Korean Navy.
The agreement, formalized with the Defense...
Samsung Electronics will build a 40 billion yen ($280 million) research center in Japan, expanding the scope of its chip alliance after announcing a...
Finance Minister Choo Kyung-ho held talks with his Japanese counterpart Thursday and asked for stronger bilateral cooperation in the financial and economic fields, his...
The revised budget proposal for next year, approved by both the governing and opposition parties, amounts to 652. 7 trillion won ($502.6 billion), a...
Paris Baguette, the bakery chain owned by Korea's SPC Group, is ramping up its marketing in the United States as Christmas approaches.
The company has...
GC Biopharma’s blood product won approval from the U.S. Food and Drug Administration (FDA), the pharmaceutical company said Monday.
GC Biopharma’s Alyglo is the eighth...
