Lotte Aluminium will invest an additional 110 billion won ($84.4 million) in its anode foil plant in Hungary, targeting the growing electronic vehicle battery market in Europe.
Kasa Korea said shares in a distribution center in Cheonan in South Chungcheong sold out on the first day they were offered.
Merck Korea completed the additional construction of an organic light-emitting diode (OLED) manufacturing facility in Pyeongtaek, Gyeonggi, the tech company said Thursday. The completion comes two years after Merck Korea, the Korean branch of ...
Jang Ha-won, CEO of Discovery Asset Management, a troubled fund company accused of causing losses to investors of over 250 billion won, was arrested Wednesday.
Kumho Petrochemical and related companies will invest a total of 6 trillion won ($4.8 billion) over five years into materials used in electric vehicles (EVs) and hydrogen cars.
Industrial production rose 4.5 percent in April, Statistics Korea reported Tuesday.
CJ companies will locally invest a total of 20 trillion won ($16 billion) by end of 2026, with a significant portion allocated to the entertainment and culture industry.
Posco on Thursday announced that it will be investing a total of 53 trillion won ($41.9 billion) over the next five years. Of that, 33 trillion won will be invested locally. The steelmaker will be hiring 25,000 people over that period.
GS Holdings announced it will invest 21 trillion won ($16.5 billion) over the next five years to ensure future growth.
Samsung Electronics and related companies will invest 450 trillion won ($356 billion) over the course of the next five years on chips, biopharmaceuticals, advanced networks and artificial intelligence.