Hanwha Group is accelerating its transformation into a global strategic industries company, reshaping its leadership structure as South Korea’s defense, aerospace and energy sectors gain greater importance amid rising geopolitical competition and supply chain shifts. The South Korean conglomerate promoted Kim Dong-kwan, the eldest son of Chairman Kim Seung-youn, to senior vice chairman as part of a broader executive overhaul

Photo=instagram South Korean President Lee Jae Myung said on July 30 that South Korea and Chile agreed to modernize their bilateral free-trade agreement and revive a joint trade committee, as the two countries seek closer cooperation in critical minerals, energy and advanced manufacturing. Following a summit with Chilean President José Antonio Kast, Mr. Lee said the two governments would restart

(Photo=LG Electronics) The artificial intelligence boom is creating a new race beyond chips and software: building the infrastructure needed to power and manage increasingly demanding AI systems. South Korean technology company LG Electronics is seeking a role in that race by expanding into AI data center solutions and robotics while using the strength of its traditional electronics businesses to support

(Photo=MotionElements) South Korea’s stock market is facing a major test after one of the world’s strongest AI-driven rallies reversed sharply, raising questions over whether investor enthusiasm for artificial intelligence has moved ahead of actual corporate growth. The KOSPI, South Korea’s benchmark stock index, surged 267% from April 2025 through June 2026, climbing from 2,487 points to a record 9,115 points.

(Photo=LG Display) South Korea’s LG Display is stepping up investment in next-generation OLED technology as Chinese manufacturers rapidly expand production capacity and intensify competition in the global display market. LG Display, a South Korean display technology company known for producing advanced panels used in premium televisions, smartphones and automotive displays, plans to invest a total of $2 billion to strengthen