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News
[Insight] DL E&C Builds New Growth Axis in Power Infrastructure as Energy Orders Accelerate
1+ hour, 23+ min ago (1173+ words) DL E&C is strengthening power and energy infrastructure as a new growth axis, with a series of projects spanning gas-fired generation, combined heat and power and next-generation small modular reactor engineering. The latest addition is a W244.1 billion ($180 million) contract…...
[Insight] CJ OliveNetworks Moves Beyond Group IT as Industrial AX Emerges as New Growth Engine
3+ hour, 12+ min ago (1087+ words) CJ OliveNetworks is moving beyond its traditional role as an IT services provider for CJ Group, building a growing portfolio of industrial AI transformation projects for external customers across manufacturing, logistics, food and media. The shift is becoming increasingly visible…...
The Real Contest Begins After the Swipe: How KB Kookmin Card Turned Lower Delinquencies into Higher Profit
1+ hour, 38+ min ago (1212+ words) Net profit reached KRW 218.9 billion in the first half of 2026, up KRW 37.6 billion from a year earlier. Second-quarter net profit increased 15.1 percent to KRW 111.4 billion, while total assets expanded 6.5 percent to KRW 31.29 trillion. The simultaneous growth of assets and improvement…...
[Insight] Dongkook Pharmaceutical Nears W1 Trillion Revenue as Centellian24 Drives Global Expansion
2+ hour, 19+ min ago (870+ words) Dongkook Pharmaceutical is moving closer to W1 trillion ($700 million) in annual revenue as rapid overseas growth of its dermacosmetics brand Centellian24 combines with solid expansion across pharmaceuticals, health supplements and international markets. The South Korean pharmaceutical company reported consolidated revenue of W509.9 billion…...
[Insight] Hyosung Heavy Industries Turns U.S. Power Bet Into an AI Infrastructure Advantage
3+ day, 22+ hour ago (1064+ words) Hyosung Heavy Industries is emerging as one of South Korea’s clearest industrial beneficiaries of the global AI infrastructure boom, as surging electricity demand turns transformers and grid equipment into critical components of the data center supply chain. The shift is…...
[Insight] Lotte’s Turnaround Is Best Understood Through the Movement of Capital
3+ day, 23+ hour ago (499+ words) Lotte Group’s latest results point to a clear earnings recovery. Lotte Shopping reported second-quarter 2026 revenue of KRW 3.485 trillion and operating profit of KRW 89.9 billion. Revenue increased 4.0% from a year earlier, while operating profit surged 121.2% and net income returned to positive…...
Coupang Expands Push for Foreign Shoppers in Seoul's Seongsu as Competition for K-Beauty Tourists Intensifies
3+ week, 6+ day ago (568+ words) As Seoul's Seongsu district cements its reputation as a global destination for K-beauty and K-fashion, retailers are intensifying efforts to convert foreign visitors into long-term customers. Coupang has joined the competition by introducing English-language shopping content and on-site digital assistance…...
MSS Expands Startup Support Beyond Korea with Global K-Founder Initiative
4+ week, 2+ day ago (565+ words) The South Korean government is extending its startup policy beyond national borders for the first time, creating a framework that enables Korean entrepreneurs overseas—including expatriates and international students—to build startups with direct government support while connecting them to…...
South Korean Government Unveils Two-Track Semiconductor Strategy Centered on Gwangju and Yongin
1+ mon, 2+ week ago (755+ words) The South Korean government is moving to strengthen the country’s semiconductor competitiveness with a two-track strategy that combines a new large-scale production hub in Gwangju with the accelerated development of the semiconductor cluster in Yongin, Gyeonggi Province. Samsung Electronics and…...
Merck Korea's Ansan Site Marks 40 Years, Reinforces Commitment to Future Semiconductor Supply Chain
1+ mon, 3+ week ago (254+ words) Merck Korea celebrated the 40th anniversary of its Ansan site, highlighting four decades of technological innovation in semiconductor gas and chemical delivery while outlining its long-term vision for supporting the next generation of semiconductor manufacturing. The anniversary ceremony was attended by…...