Car of the Year 2023

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, aim to raise sales by 4.2% in India this year after logging record vehi...

Hyundai Motor Co. announced on Thursday that it launched EVery Care, an integrated program that will take care of customers' electric vehicle (EV) l...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, has secured enough lithium iron phosphate (LFP) cathode ma...

South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it will collaborate with the UK-based renowned defense company Babcock Int...

South Korea’s Samsung Bioepis and the US-based Organon, the local partner company of Samsung group's biopharmaceutical research and developmen...

Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, have joined hands with the nation's top national research university to...

South Korea’s major ocean carriers HMM Co. and Hyundai Glovis Co. aim to take advantage of the booming car shipping business as vehicle freigh...

Wefun, a Seoul-based startup operating an office maintenance, repair and operation (MRO) platform, plans to go public next year after successfully r...

India equity funds registered in South Korea have doubled their investors' wealth over the past five years, luring high-net-worth individuals lookin...

South Korean banks are accelerating moves to close branches given the growth in digital transactions and decline in offline customers but financial ...

South Korean companies and households flocked to investment funds and short-term deposits in December last year, pulling out of money market funds a...

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ CheilJedang Corp. and entertainment giant CJ E...

Hyundai Motor Co. 's premium brand Genesis announced on Friday that its Electrified G80 and Electrified GV70 earned prizes at the 2024 Canadian Ca...

Used cars from South Korea are being funneled into Russia via Kazakhstan and Kyrgyzstan, according to automobile industry sources on Friday. These...

South Korea’s car exports to the US surged 44.6% on-year to a record high of $32.2 billion in 2023, making up the lion’s share of South ...

Modern House, the top home decoration brand in South Korea, sticks to a unique rule for its store operations: one-third of the products on the shelv...

Samsung Engineering Co. will change its name to Samsung E&A Co. upon approval at a shareholders' meeting on March 21.The letter E in the propose...

South Korea’s Gopizza Inc. opened its 50th branch in India, the world’s most populous country, as the food tech startup aims to attract ...

Samsung Electronics Co. is accelerating extended reality (XR) device development amid intensifying competition with tech behemoths such as Google LL...

South Korea’s top supermarket chain E-Mart Inc. announced on Thursday that it provisionally recorded a consolidated operating loss of 46.9 bil...

The South Korean government is seeking to lower the country’s video streaming service, or over-the-top (OTT) media service, rates as part of i...

German luxury carmaker BMW Group is installing domestic GPS navigation systems in models sold in South Korea, joining other imported car brands&rsqu...

Shortt, a South Korean short form content company, announced on Wednesday that it has got a total of 400 million views of its campaigns for South Ko...

Hyundai Motor Co. 's cumulative vehicle sales are expected to surpass 100 million units this year since it started 56 years after the launch of car ...

Kia Corp., South Korea’s second-largest automaker, said on Tuesday the sale of its flagship compact sport utility vehicle Sportage reached a f...

China’s BYD Co., the world’s largest electric vehicle maker, is set to enter South Korea’s passenger EV market, setting off alarm ...

South Korea’s leading telecommunications company KT Corp. on Thursday posted record annual sales revenue for 2023, buoyed by steady growth in ...

Netmarble Corp. expects a turnaround this year driven by new games after successfully snapping its seven consecutive quarter losing streak in the fi...

Lotte Rental Co., South Korea's largest car rental firm, has signed a strategic memorandum of understanding (MOU) with the domestic financial comp...