Mirae Asset Global Investments Co. has invested around 150 billion won ($110 million) in Perplexity AI Inc., an AI-driven search engine developer, at a valuation of $20 billion, according to people ...

NEW YORK – South Korean President Lee Jae Myung has secured a commitment from BlackRock Inc., the world’s largest asset manager, to help turn the country into a regional hub for artificial ...

POSCO Group, South Korea’s largest steel and energy raw materials producer, has embarked on the process to acquire a controlling stake, worth around 7 trillion won ($5 billion), in HMM Co., the ...

Samsung Electronics Co. has recently notified major clients of an increase in DRAM prices by 15-30% for the fourth quarter, alongside a 5-10% hike in NAND flash prices, according to semiconductor ...

DL Chemical Co., South Korea's leading petrochemical company, has embarked on a process to sell Cariflex Pte about five years after acquiring the Singapore-based latex and synthetic rubber maker, in a ...

Five years after its release, BTS’ Dynamite continues to dazzle, now crossing the 2 billion-view mark on YouTube — the group’s first music video ever to do so. The music video for Dynamite, the band’s ...

HYBE and US label Geffen Records will launch their second global girl group in 2026, following their first joint act, KATSEYE. The Korean entertainment powerhouse said Friday that the four-member act ...

XPeng Inc., often referred to as China’s Tesla, is set to open a local unit in South Korea, where its Chinese electric vehicle peers, BYD Co. and Zeekr Group, are already competing for market share in ...

South Korea’s negotiations with the US over the launch of a $350 billion US investment fund has made little progress, a senior presidential official said on Tuesday, warning that the deadlock could ...

LG Energy Solution Ltd., one of the world’s top battery makers, has won an order to supply electric vehicle batteries to German automotive giant Mercedes-Benz in a deal estimated at 15 trillion won ...

The US will make it harder for Samsung Electronics Co. and SK Hynix Inc. to manufacture chips in China and upgrade production facilities there, threatening the two global memory chip leaders’ ...

Several hundred workers at an electric vehicle battery joint venture between Hyundai Motor Co. and LG Energy Solution Ltd., which is currently under construction in Georgia, have been detained in a ...