Ant

Korean food K-food, fashion, beauty to up ante on global push in 2025

South Korean food, beauty and fashion companies, which have enjoyed robust demand for their products in overseas markets this year, will grow bolder...

Korean chipmakers Samsung, SK Hynix up the ante on HBM to enjoy AI memory boom

TAIPEI – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are racing to supply their advanced DRAM ...

Automobiles South Korea steps on accelerator for record 2024 car exports

ASAN, South Chungcheong Province – At Hyundai Motor Co.'s manufacturing plant in Asan, over 60 km south of Seoul, thousands of robots were bus...

Korean chipmakers Samsung's Jay Y. Lee visits Zeiss to reinforce EUV ties

Samsung Electronics Co. is deepening ties with Zeiss Group, the sole provider of optical systems to the world’s only extreme ultraviolet (EUV)...

Electronics Samsung returns to top, to up ante against troubled Apple

Samsung Electronics Co. snatched the crown from its archrival Apple Inc. as the top global smartphone seller last month thanks to brisk sales of its...

Venture capital LG ups ante in AI race with bullish bets on startups

LG Group, South Korea’s fourth-largest conglomerate controlling electronics, chemicals, media and service companies, is aggressively raising t...

Energy S.Korea to up the ante on small modular reactor foundry business

South Korea will nurture the small modular reactor (SMR) foundry business to revive the country’s nuclear power industry by rolling back the p...

Leadership & Management MBK raises Hankook bid price, asks FSS to probe Cho's stock purchase

The sibling rivalry for control of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire & Techno...

Tech, Media & Telecom Samsung’s Harman ups ante in home audio market with Roon

Harman International has taken over Roon Labs, the multi-device and multi-room audio technology company popular among audiophiles for its streaming ...

Food & Beverage Lotte Hotels & Resorts ups ante in kimchi business

South Korea’s largest hotel group Lotte Hotels & Resorts is pinning high hopes on kimchi as a new revenue source amid intensifying competi...

Fintech Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments

Ant Group Co., the operator of China’s biggest mobile payment platform Alipay, has become the second-largest stakeholder of Toss Payments, the...

Automobiles Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant

South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...

Electronics LG ups ante to counter Samsung's OLED TV return; expects profit in Q1

LG Electronics Inc. has released its highest-ever number of new organic light-emitting diode (OLED) TV models in a bid to maintain its supremacy in ...

Cloud computing KT ups ante with $1.5 billion spending on public sector cloud service

KT Cloud Corp., a unit of South Korea’s telecom giant KT Corp., plans to spend up to 2 trillion won ($1.5 billion) over the next three years t...

Year-end review Korea’s Ants dump single-day record $2.7 bn shares, turn eyes overseas

South Korea’s retail investors on Tuesday dumped 3.16 trillion won ($2.7 billion) worth of shares on the country’s two main stock market...

E-commerce Shinsegae inches closer to eBay Korea purchase; deal remains elusive

Shinsegae Group has inched closer to a deal to acquire eBay Korea that would see the South Korean retail giant emerge as an e-ecommerce behemoth wit...

Korean chipmakers Samsung, TSMC up ante in US foundry competition

The world’s two largest foundry chipmakers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co., are upping the ante in ...

Korean chipmakers Global NAND market in game of chicken as Samsung ups ante

Samsung Electronics Co. is upping the ante to extend its leadership in the memory chip sector with a vow to invest heavily in the NAND business next...

Markets Korean stocks end at highest level in 2 years as ants load up

South Korean shares rallied for a second consecutive session on Wednesday, ending at the highest level in nearly two years, as individual investors sn...