Aekyung's logo South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to shore up its weak financial status. The ...

The Korean chipmaker’s foundry business has struggled for years to compete with Taiwan Semiconductor Manufacturing Co. (TSMC), which maintains a dominant position in high-end semiconductor ...

Korean cosmetics on display at a Galeries Lafayette department store in Paris, France The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% ...

According to Japan’s Imported Cosmetics Association, 94.2 billion yen ($599 million) in Korean cosmetics were imported in the first nine months of 2024, followed by French makeup products worth 82.3 ...

MBK financed the deal with 2.2 trillion won in equity and the remaining 5 trillion won through acquisition financing. MBK’s filing for court-led rehabilitation program reignited concerns over the ...

Elderly men at Tapgol Park in central Seoul One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population and the ...

A Harman executive unveils Ready products at CES 2024 When Samsung Electronics Co. acquired Harman International Industries Inc., a global leader in the audio and automotive electronics business, in ...

A CJ Olive Young outlet in Seoul South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing competition. For years, ...

Exports of goods in this category rose 25.4% on-year to $107.7 million. Beauty products of Cosmax., a South Korean ODM for L'Oréal and other global cosmetics giants Exports of haircare products rose ...

Naver CEO Choi Soo-yeon unveils the company's business strategy at DAN 24, a Naver tech conference South Korea’s Naver Corp. has been preparing for years to take its artificial intelligence-based ...

Smart glasses (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 ...

Samsung SDI showcases its lineup of 46 mm-diameter cylindrical batteries at InterBattery 2025 in March Samsung SDI Co. has become South Korea’s first company to mass-produce cylindrical 46-millimeter ...