Samsung Electronics Co. aims to post $20 billion in profits on sales of $150 billion by 2012, one of its executives said Wednesday. "Samsung Electronics has grown significantly for the past de.. [Nov.28,2007 11:24 KST]

LG.Philips LCD Co. said Wednesday it has signed a deal to reach an out-of-court settlement with a Taiwanese company over alleged violations of its patented technologies involving the production of .. [Nov.28,2007 11:23 KST]

The subprime mortgage crisis in the United States and soaring oil prices could put a damper on the recovering South Korean economy, with researchers considering a downgrade in their economic gro.. [Nov.28,2007 10:45 KST]

Universal Parks & Resorts, its local partners and the government of Gyeonggi province will sign a memorandum of understanding on Tuesday calling for the construction of a Universal Studios theme p.. [Nov.26,2007 18:27 KST]

Korea Express Co., South Korea's largest logistics company that has been under court receivership for six years, said Monday potential buyers have until Dec. 11 to submit preliminary bids for the.. [Nov.26,2007 18:25 KST]

Korean Air Co. unveiled a plan to launch a low-cost airline unit next year with an aim of overtaking Tiger Airways and becoming the biggest budget carrier in Asia by 2012, a company executive sai.. [Nov.26,2007 15:54 KST]

Shares of Mirae Asset, the nation’s second-largest brokerage firm by market value, plunged yesterday on rumors that it has been involved in illegal stock trading. The Korea Composite Stock Pr.. [Nov.24,2007 09:48 KST]

South Korea's Samsung Electronics Co. will consolidate its leading position in global markets for DRAMs and NAND flash memories during the fourth quarter of this year based on its technologica.. [Nov.21,2007 12:25 KST]

South Korean steelmaker Dongkuk Steel Mill Co. said Wednesday it has signed a memorandum of understanding with Cia. Vale do Rio Doce, the world's biggest iron ore producer, to build a steel pla.. [Nov.21,2007 12:06 KST]

Ssangyong Motor Co., the South Korean unit of China's Shanghai Automotive Industry Corp., has been in negotiations with its labor union to temporarily shut down some production lines amid slugg.. [Nov.20,2007 11:14 KST]