2022 Best Imported Cars

Global carmakers such as Stellantis N.V., BMW, Ford Motor Co. and Hyundai Motor Group surprised investors with strong earnings despite the automotiv...

The number of the trillion won club of South Korean manufacturing sector is set to nearly triple this year even as a resurgence in the COVID-19 is...

Hyundai Motor Group and LG Energy Solution Ltd. will invest $1.1 billion in an electric vehicle (EV) battery cell factory in Indonesia to capture As...

LG Electronics Inc. will begin to sell Apple Inc.'s iPhone at its retail stores across South Korea from mid-August, as the Korean home appliance mak...

The global tire industry is enjoying a boom driven by fast-growing used car demand in the world. Hankook Tire & Technology is seen as a key bene...

The National Pension Service (NPS) will raise exposure to up-and-coming biopharmaceutical, electric vehicle parts, entertainment and gaming companie...

South Korea-based Seven Brau Co., or 7brau, is poised to become the country's second craft brewery to make a trading debut, following the footsteps ...

Korea’s leading cosmetics manufacturer Cosmax Inc.’s share price is skyrocketing this year, thanks to the company's strong performance i...

South Korea-based 3D animation company SAMG Entertainment Co. is enjoying great success in China and Latin America thanks to its animation series' p...

Automobile exports log double-digit growth for five straight months In May 2021, exports of automobiles nearly doubled compared to the year-earlier...

Ssangyong Motor Co., the debt-ridden South Korean unit of India’s Mahindra and Mahindra Ltd. now in court receivership, has decided to sell it...

Hyundai Motor Group plans to adopt digital twin technology, which allows the automaker to make a digital replica of a real car for simulation not ...

SK Group’s silicon wafer affiliate SK Siltron Co. is planning to expand wafer production facilities amid growing demand from the global chip m...

South Korea will develop its own messenger ribonucleic acid (mRNA) vaccines by next year with plans to annually manufacture 100 million doses from 2...

HK inno.N Corp., a pharmaceuticals unit of South Korea's Kolmar Korea, is set to go public in early August at a valuation of around 2 trillion won (...

KakaoBank Corp., the mobile banking unit of online messaging app giant Kakao Corp., is looking to raise as much as 2.55 trillion won ($2.26 billion)...

South Korea’s leading e-book platforms are targeting to go public next year. The country’s subscription-based e-book service provider Mi...

The Bank of Korea needs to drop its accommodative monetary stance of the past two years and to begin raising interest rates from this year, the cent...

A self-driving car needs to pass all sorts of tests before setting off for the open road. It needs to experience different types of roads, terrain f...

Japan’s Honda Motor Co. has announced it is exiting the hydrogen fuel cell vehicle market, leaving Toyota Motor Corp. and South Korea’s ...

South Korea’s capital Seoul will be finally hosting the ABB FIA Formula E World Championship in August 2022, with BTS as the global ambassador...

South Korean refiner Hyundai Oilbank Co. is seeking to list its shares on the local bourse next year, according to its parent Hyundai Heavy Industri...

South Korea’s Hyundai Motor Group will provide its hydrogen fuel cell system to the world’s first touring race for electric vehicles, Hy...

Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...

The recent decision by Barbour, the British lifestyle brand under J. Barbour & Sons Ltd., to transfer the rights to sell its products in South K...

South Korea-based artificial intelligence startup Buzzvil is preparing to make a trading debut on the country’s junior bourse Kosdaq in the th...

South Korea’s automakers are facing a drastic increase in manufacturing costs. Raw material prices are soaring and the global chip shortage re...

Samsung Biologics will be entering the drug substance segment of the COVID-19 vaccine contract manufacturing business. According to industry sources...

South Korea’s massive exports of scrap steel and scrap copper to China are hurting its domestic companies that are struggling to secure the st...

Chung Euisun, chairman of Hyundai Motor Group, has vowed to go carbon neutral in the group's processes, from automaking to vehicle disposal, in a mo...