2023 EV of the Year

Hyundai Motor Co. is set to build an electric vehicle assembly plant in Saudi Arabia as South Korean companies are increasingly tapping growth oppor...

Seoul Semiconductor Co., the world’s No. 3 light-emitting diode (LED) maker, has secured key patents for LEDs to be used in electric vehicles ...

It has been revealed that spending by foreign tourists visiting Jeju Island has significantly increased since the end of the COVID-19 pandemic.Accor...

Samsung Biologics Co., the world’s largest contract drugmaker, said on Monday it has signed an agreement to produce $242 million worth of anti...

Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Monday that its FA-50GF light fighter expor...

South Korea's Hyundai Engineering & Construction (E&C) will open a branch in Warsaw, Poland, to join a project to build small modular reacto...

South Korea’s electronics giant LG Electronics Inc. is upending its TV business strategy by betting even bigger on software and content to off...

Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, plans to build a copper foil plant in the US to meet grow...

Samsung Electronics Co. will hold an investors forum in Hong Kong in November, where it is expected to share details about the development of high b...

Samsung Electronics Co. announced on Friday that it unveiled "The Wall for Virtual Production" at IBC 2023, the world's largest trade fair for elect...

The competition among automakers to cut prices of electric vehicles is expected to intensify with battery cell prices falling at a fast pace due to ...

Hyundai Motor Co. announced on Friday that its electric vehicle (EV) IONIQ 6 sedan's powertrain was named one of the "2023 Wards 10 Best Engines and...

South Korea's POSCO International Corp. on Thursday said it signed a deal to supply 3.5 million traction motor cores for electric vehicles (EV) to H...

Hankook Tire & Technology announced on Thursday that it will supply the Hankook RA08, a tire for a small truck to China's BYD 1-ton electric tru...

South Korea’s Samsung Electronics Co. is set to bring its 83-inch 4K OLED TV model, with panels supplied by its crosstown rival LG Display Co....

Hydrogen-fueled cars, drones and energy systems were unveiled on Wednesday during South Korea’s largest hydrogen industry exhibition H2 MEET, ...

Hyundai Glovis Co., the logistics unit of South Korea's Hyundai Motor Group, announced on Wednesday that it will be a participant in Breakbulk Ameri...

South Korea's state-run postal service agency Korea Post announced on Wednesday that it will issue 1.28 million commemorative stamps featuring two o...

Come Friday, Samsung Electronics Co., the world’s largest memory chipmaker, will mark its first anniversary of publicly announcing its enterpr...

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Wednesday that it plans to open nine new stores in North America this...

Wellmarker Bio, South Korea's oncology drug development company, announced on Monday that it has signed a technology transfer agreement with a Europ...

South Korea's LG Energy Solution Ltd. is accelerating its entry into the rapidly growing US market for energy storage systems (ESS).The company on T...

South Korea’s SK Forest Co. and NH Investment & Securities on Friday held a launching ceremony for their joint supply of high-efficiency c...

South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...

South Korea’s top automaker Hyundai Motor Co. retained its leadership in the hydrogen fuel cell electric vehicle (FCEV) market in the January-...

JAKARTA, Indonesia -- South Korea and Indonesia have affirmed their commitment to expanding the scope of business cooperation from high tech to food...

South Korea’s Hanjin KAL Corp. will sell the assets owned by its Hawaii-based subsidiary Waikiki Resort Hotel Inc. to US company AHI-CLG LLC a...

SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company aims to capitalize ...

Hyundai Motor Co.'s battery joint venture with LG Energy Solution Ltd. in Indonesia will become the South Korean carmaker’s battery manuf...

South Korea's Hanwha Ocean Co. said on Friday that it had received key environmental certifications from two leading maritime classification societi...