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Cho Won-tae, chairman of Hanjin Group, received record compensation last year even as key affiliates reported weakening earnings,
Nvidia Chief Executive Jensen Huang on March 16 (local time) praised Samsung Electronics as a key partner in
South Korea’s LG CNS, the IT and digital transformation arm of LG Group, is emerging as part of
SK Hynix, a South Korean semiconductor manufacturer and one of the world’s largest producers of memory chips used
(Photo=KT&G) The global tobacco industry, long shaped by a small group of U.S. and European companies, is beginning to reflect a broader redistribution of power as KT&G, South Korea’s dominant tobacco and nicotine-products manufacturer, climbs to seventh place worldwide by market capitalization, highlighting how growth in the sector is increasingly coming from outside its traditional centers. KT&G’s rise places it
Photo=Motionelements South Korean corporations sharply accelerated share buybacks and cancellations last year, retiring nearly $16 billion worth of their own stock as companies moved to bolster shareholder returns and prepare for tighter corporate-governance rules. A report released Tuesday by corporate data provider CEO Score found that 80 companies among the country’s 500 largest by market capitalization canceled about $15.9 billion
Photo=Motionelements South Korea is easing the burden on financially vulnerable households by introducing a new “livelihood account” that protects a portion of monthly income from seizure, a move aimed at strengthening basic living safeguards for debtors amid prolonged economic strain. The Ministry of Justice said a revised civil enforcement decree was approved by the Cabinet on Jan. 20 and will
(Photo=Samsung Display) Samsung Display is expanding its footprint in China’s fast-evolving electric-vehicle market, supplying multiple OLED panels for the Zeekr 9X, a flagship sport-utility vehicle from Geely Group’s premium EV brand. The deal underscores how advanced display technology is emerging as a key differentiator in the global race for high-end electric vehicles. The 9X, produced by Zeekr, has gained momentum
(Photo=Hyundai Motor Group) Hyundai Motor held onto second place in Vietnam’s auto market last year, but the South Korean carmaker is losing ground to Toyota as a widening sales gap underscores a shift in a market once defined by a tight two-horse race. Hyundai sold 53,229 vehicles in Vietnam in 2025, according to the Vietnam Automobile Manufacturers Association, a 20.8%
