South Korea Business & Industry

From Cakes to Steaks, Korean F&B Industry Bets on Pre-Order Apps

Korea's F&B industry is expanding mobile apps into pre-order platforms. Twosome Place saw cake reservations jump 30%, while Outback Steakhouse launche...

Investment Styles Split by Generation: Teens Buy U.S. ETFs, Seniors Pick Shipbuilders, Defense

Kiwoom Securities analysis reveals stark generational investment gaps in Korea: minor accounts favor U.S. index ETFs while investors aged 50-70 prefer...

Korea's Top Two Aesthetic Medicine Firms Set Q1 Earnings Records

PharmaResearch and Hugel, Korea's top aesthetic medicine firms, posted record Q1 earnings with over 20% operating profit growth, driven by strong expo...

Samsung's 2028 Profit to Exceed Japan's Top 100 Firms Combined: Goldman Sachs

Goldman Sachs projects Samsung Electronics' 2028 operating profit at $344.5 billion, exceeding the combined profit of Japan's top 100 listed companies...

Samsung Electronics Accelerates Robot Business Amid Strike Threat

Samsung Electronics is ramping up recruitment for its Future Robotics Division to accelerate its AI robot business, targeting expansion into manufactu...

Samsung Labor-Management Talks Resume With Government Mediation

Cosmecca Korea Q1 Operating Profit Jumps 78% on K-Skincare Growth

Cosmecca Korea's Q1 operating profit jumped 78% to 21.9 billion won as Korean and U.S. subsidiaries drove growth, with skincare sales up 106.5% and su...

Dongwon Industries Q1 Operating Profit Jumps 17.1% on B2B Strength

Dongwon Industries reported a 17.1% rise in Q1 operating profit to 146.2 billion won, with revenue up 9.1% to 2.53 trillion won, as B2B businesses off...

CJ Freshway Q1 Operating Profit Rises 3.8% to 11 Billion Won

CJ Freshway posted Q1 operating profit of 11 billion won, up 3.8% year-on-year, with revenue rising 4.4% to 833.9 billion won on strong online and kit...

E-mart Bets on Ads, Overseas Growth to Expand Business

E-mart will unveil three key strategies for 2026, including retail media, overseas expansion into Thailand, and converting six stores to mall-type out...

Card Industry Urges Regulatory Reform to Counter Big Tech Advantage

Korea's credit card industry calls for regulatory easing at the 2026 Spring Seminar, citing asymmetric rules with big tech, restrictive leverage ratio...

Kolon Industries Q1 Operating Profit Jumps 130% to 61.9 Billion Won

Kolon Industries reported first-quarter operating profit of 61.9 billion won, up 130% year-on-year, driven by expanded aramid sales and operational ef...

Seegene Q1 Operating Profit Jumps 59% on Non-Respiratory Product Growth

Seegene reported Q1 operating profit of 23.6 billion won, up 58.6% year-on-year, driven by over 30% growth in non-respiratory product sales including ...

KT Alpha Q1 Operating Profit Rises 10.5% to 13.5 Billion Won

KT Alpha reported Q1 operating profit of 13.5 billion won, up 10.5% year-on-year, driven by T-commerce competitiveness and mobile gift certificate bus...

CJ ENM Target Prices Slashed After Shock Q1 Earnings

CJ ENM posted a Q1 earnings shock with just 1.5 billion won in operating profit, prompting brokerages including DB, Eugene, and NH to slash target pri...

Hyundai GF Holdings Q1 Operating Profit Jumps 24% to 117.6 Billion Won

Hyundai GF Holdings posted a 23.9% year-on-year increase in first-quarter operating profit to 117.6 billion won, driven by strong earnings at subsidia...

Hankook Tire Q1 Operating Profit Jumps 42.9% to 506.9 Billion Won

Hankook Tire & Technology reported Q1 operating profit of 506.9 billion won, up 42.9% year-on-year, driven by EV tire supply expansion and strong repl...