Celltrion Inc. confirmed Tuesday it has agreed to acquire Eli Lilly and Company’s plant in Branchburg, NJ, for about 460 billion won ($330 million), securing its first US manufacturing base as a hedge ...
SK Group, South Korea’s second-largest conglomerate, is seeking to sell up to a 49% stake in an artificial intelligence data center it is building with Amazon Web Services Inc. (AWS) in the country, ...
South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to expand its production footprint in one of the world’s ...
South Korea’s top automaker Hyundai Motor Group on Monday unveiled detailed plans for its 4.6 trillion won ($3.4 billion) new headquarters, or the Hyundai Global Business Complex (GBC), set for ...
SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s sole silicon wafer manufacturer, for around 3 trillion won ($2 ...
Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly, ultra-large 24,000-TEU LNG dual-fuel container ...
One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population and the world’s lowest birthrate. The Ministry of the ...
Celltrion Inc., South Korea’s leading biosimilar drug developer, is poised to reap nearly 5 trillion won ($3.6 billion) in revenue this year after reporting its highest-ever second-quarter earnings on ...
Asia-focused private equity firm MBK Partners is acquiring Medit Corp., the world’s third-largest 3D dental scanner maker, for 2.45 trillion won ($2 billion). MBK on Thursday signed a share purchase ...
Air Liquide SA, a French multinational industrial gas and services company, is eyeing a return to South Korea after its exit a decade ago, as it is in exclusive talks to acquire the country’s No. 3 ...
The Korea Teachers' Pension said on Thursday it posted a record 19.8% return in 2025, equivalent to 4.81 trillion won ($3.3 billion), marking its third consecutive year of double-digit investment ...
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Thursday its 7.2 trillion won ($5.5 billion) battery complex in Arizona is on track to completion in two years, further ...
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