Car exports

South Korea is expected to clinch a deal to export more than 5 trillion won ($3.8 billion) worth of armored vehicles to Australia, which is strength...

The automotive industry around the globe is rapidly transitioning from the manufacturing sector to the digital arena. That is, from an internal...

Korea Hydro and Nuclear Power Co. (KHNP) has received a 3 trillion won ($2.25 billion) order to construct turbine islands under the El-Dabaa nuclear...

Lotte Group, South Korea’s fifth-largest conglomerate, is set to boost the global sales channels of some 200 Korean small and medium-sized ent...

China was South Korea’s top semiconductor buyer, purchasing 39.7% of overall Korean chip exports in 2021. The percentage increased 13 times ...

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

Hyundai Motor Co.'s all-electric IONIQ 5 crossover has won another industry accolade in the US, gathering momentum to expand its market share in the...

SD Biosensor Inc., South Korea’s leading in-vitro diagnostics company, has signed an agreement to supply its COVID-19 self-test kits and other...

South Korea’s largest automaker Hyundai Motor Group ranked third in global car sales in the first half, its highest-ever ranking in terms of v...

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 first mobility unicorn Socar Inc. has cut its IPO price by 18% to push ahead with its stock market debut, according to industry ...

South Korea has embarked on efforts to export domestically designed submarines weighing more than 3,000 tons to Australia, while also in the final s...

South Korea is expected to lag behind China further on autonomous vehicle technology as Shenzhen, the technology hub in Guangdong province, allowed ...

Samyang Foods Co. announced Monday it has sold more than 4 billion packets of its uber-popular Hot Chicken Flavor Ramen, or buldak-bokkeum-myeon, to...

South Korea’s top four oil refiners exported a combined $27.96 billion worth of petroleum products during the first half of 2022. This marked ...

 South Korea has become the world’s eighth-largest arms exporter, with its exports rising threefold – the fastest pace among the wo...

Kolon Global Corp., an affiliate of South Korean conglomerate Kolon, will spin off its car import business unit to improve management efficiency and...

Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., has unveiled the cabin concept of its flying ...

The majority of South Korea’s small and medium-sized exporters are concerned about a possible cancellation of orders or difficulty in winning ...

South Korea’s Hyundai Motor Group will launch its most-advanced Level 3 autonomous cars next year, starting with Hyundai Motor Co.'s flagship ...

South Korea’s major companies are anxious about looming labor strife at the Port of Long Beach, California and strikes at German ports –...

South Korea’s defense exporter LIG Nex1 Co. showcased its guided rocket at the world’s largest international maritime warfare exercise l...

Just like its global peers, Hyundai Motor Co. and Kia Corp. have suffered from the chip shortage that bogged down the entire auto industry for nearl...

Korea Aerospace Industries Ltd. (KAI), South Korea’s military aircraft manufacturer, is emerging a winner in South Korea’s sagging stock...

South Korea’s mobility unicorn Socar Inc. faces controversy over its valuation after the car-sharing startup set the price guidance for its in...

Hyundai Motor Co., Lotte Rental Co., and KB Financial Group, the No. 1 players in each of their sectors, are gearing up to fight in a new arena &nda...

The eight-day South Korean truck drivers’ strike that ended last week has laid bare one long-standing but often ignored problem at the country...

When French carmaker Groupe Renault dropped Samsung from its South Korean unit's company name in March, it aroused worries that the firm may not be ...

South Korea has embarked on a public-private project to bolster communication security for autonomous driving, for which a domestic startup will pla...

As the global chip supply shortage shows signs of easing, South Korea’s top automaker Hyundai Motor Co. is working down its order backlog by...