2023 Wards 10 Best Engines and Propulsion Systems

BERLIN – Samsung Electronics Co. has made “significant progress” in the company’s merger and acquisition (M&A) efforts, ...

South Korea is set to raise the quota of foreign workers by 10,000 this year to address labor shortage issues in the country’s shipbuilding, m...

South Korea plans to reduce spending in 2023 for the first time in 13 years by cutting pandemic-era stimulus payments in a move to curb the country&...

Angered by what they deem to be an unfair rewards system and poor customer service, South Korean players of Kakao Games Corp.’s Japan-created ...

Lotte Corp. announced on Monday that it will donate 14 billion won ($10.4 million) to the prestigious Korea Advanced Institute of Science and Techno...

South Korea’s top automaker Hyundai Motor Co. has narrowed its technology gap in Level 3 self-driving vehicles with Tesla Inc. to one year, mo...

Hyundai Engineering Co., the plant engineering and construction arm of Hyundai Motor Group, announced on Friday that it signed a framework agreement...

South Korea’s POSCO Holdings has built a rechargeable battery recycling plant in Poland, in line with Europe’s tougher regulations on ba...

South Korea is planning to set up a new subsidy policy for electric vehicle purchases, which will be commensurate to the EV makers’ after-sale...

Hyundai Motor Co., South Korea’s top automaker, announced on Tuesday that its first fully electric sedan IONIQ 6 is enjoying record pre-orders...

Major South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) is facing harsh criticism that it has benefited from delaying...

The rapid growth of the electric vehicle market and the advance of autonomous driving technology is providing a silver lining for automotive display...

Allganize Inc., a Silicon Valley-based artificial intelligence (AI) startup, recently announced the company will relocate some of its headquarters f...

South Korea's largest cloud computing service provider LG CNS Co. on Tuesday reported double-digit growth in both profit and revenue in the second q...

Gourmands in North America will be able to enjoy South Korean fried chicken more conveniently as BB.Q Chicken, the country’s leading franchise...

NCSOFT Corp., South Korea’s leading games developer, postponed the releases of key games that could attract new users, clouding its business o...

BC Card Co., a South Korean financial services provider, agreed to acquire an Indonesian IT company as it expands its businesses into overseas marke...

South Korea suffered from a larger trade deficit in the first 10 days of the month as semiconductor exports declined on weaker demand for memory chi...

South Korea’s small and mid-sized private equity firms are increasingly postponing fundraising schedules for their project-based funds to the ...

NEW YORK – Samsung Electronics Co. has vowed to make foldable smartphones its mainstream products in the high-end segment, setting its sales t...

Samsung Medical Center announced Tuesday that it performed more than 15,000 robot-assisted operations in the first of this year.  Last yea...

Megazone Cloud Corp., South Korea’s largest managed cloud service provider (MSP), has completed its Series C funding round with a combined 450...

South Korea’s tech juggernaut Naver Corp. announced Monday that its Naver Band celebrates 10 years in service with more than 156 million app d...

LG CNS Co., a South Korean major information technology service provider, is set to consult on the design of an Indonesian smart city project worth ...

South Korea’s SK Hynix Inc. said on Monday that it has developed its first double data rate 5 (DDR5) DRAM-based compute express link (CXL) mem...

POSCO Chemical Co. announced Thursday that it won 13.8 trillion won ($10.6 billion) worth of cathode orders from General Motors. The company, w...

South Korea’s POSCO Group and Indonesia’s state-run Krakatau Steel plan to jointly invest $3.5 billion in building a blast furnace and a...

Samsung Electronics Co.’s second-quarter earnings remained steady compared to three months before, with robust memory chip sales for data cent...

South Korea’s top battery maker LG Energy Solution Ltd. on Wednesday unveiled its ambitious goals for revenue and operating margins as electri...

Daesang Life Science Corp., a South Korean health foods maker, has signed an initial agreement with China’s Sinopharm International to launch ...