EU temporarily halts probe of Korean Air-Asiana merger

EU temporarily halts probe of Korean Air-Asiana merger

Europe's antitrust regulator has temporarily suspended its investigation into the proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. a...

S.Korea exports halal-certified beef to Malaysia for 1st time

S.Korea exports halal-certified beef to Malaysia for 1st time

Halal-certified premium Korean beef Hanwoo was exported to Malaysia on Thursday, marking the culmination of seven years of quarantine negotiations f...

CJ Olive Young to develop inner beauty as new growth engine

CJ Olive Young to develop inner beauty as new growth engine

South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...

JW Pharma unveils S.Korea's first homegrown hybrid incubator

JW Pharma unveils S.Korea's first homegrown hybrid incubator

South Korea's JW Pharmaceutical on Wednesday released three products from its new incubator brand Hi-Mammi.The company's rollout of hybrid and high-...

Hyundai’s IONIQ 6 named Best EV of 2023 in US

Hyundai’s IONIQ 6 named Best EV of 2023 in US

Hyundai Motor Co.'s electric vehicle IONIQ 6 has been named Car and Driver's 2023 EV of the Year on Thursday. According to Hyundai Motor, IONIQ...

EVs lack luster in S.Korea’s secondhand car market

EVs lack luster in S.Korea’s secondhand car market

Electric vehicles suffered sharper price falls in South Korea’s secondhand car market this year, compared with combustion engine and hybrid ca...

Hyundai, Kia invest extra $1.5 mn in automotive chip startup

Hyundai, Kia invest extra $1.5 mn in automotive chip startup

Hyundai Motor Co. and Kia Corp. announced on Wednesday that they have invested extra 2 billion won ($1.54 million) in BOS Semiconductors, a vehicle ...

Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years

Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years

South Korea’s top auto parts maker Hyundai Mobis Co. said on Tuesday it expects to begin mass production of its rollable vehicle display &ndas...

Kakao Mobility to develop mobility platform with Vietnam’s Phenikaa

Kakao Mobility to develop mobility platform with Vietnam’s Phenikaa

South Korea's Kakao Mobility and Vietnam's Phenikaa Group have entered into a business agreement to foster technology collaboration within the mobil...

LG Electronics targets EdTech market in US

LG Electronics targets EdTech market in US

LG Electronics Inc. is showcasing a lineup of acclaimed products designed for the education sector at the International Society for Technology in Ed...

Hyundai Mobis overtakes Japan's Aisin on global auto parts market

Hyundai Mobis overtakes Japan's Aisin on global auto parts market

South Korea's Hyundai Mobis has surpassed Japan's Aisin, its biggest competitor in auto parts excluding batteries, to break into the top five on the...

Samsung accelerates foray into fastest AI chip market

Samsung accelerates foray into fastest AI chip market

South Korea’s Samsung Electronics Co. is speeding up its efforts to penetrate deeper into the high bandwidth memory 3 (HBM3) market, an area i...

Heyday over for Amorepacific, LG Household in China’s beauty market

Heyday over for Amorepacific, LG Household in China’s beauty market

Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...

HD Hyundai Infracore targets eco-friendly equipment market

HD Hyundai Infracore targets eco-friendly equipment market

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, is set to make inroads into the eco-friendly sector...

LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds

LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds

LG Chem Ltd. has begun mass production of high-nickel cathode materials made with a single crystal structure for the first time in South Korea, whic...

Hyundai Motor to take 1st crack at Korea’s used car market

Hyundai Motor to take 1st crack at Korea’s used car market

South Korea’s top automaker Hyundai Motor Co. is entering the country’s used car market, whose entry by big companies has long been deni...

Hyundai Motor, Kia surpass 10mn global connected car subscribers

Hyundai Motor, Kia surpass 10mn global connected car subscribers

Hyundai Motor Group announced on Monday that the global number of subscribers to the connected car services of Hyundai Motor Co. and Kia Corp, first...

Samsung, LG fuel rivalry in global hospitality TV market

Samsung, LG fuel rivalry in global hospitality TV market

Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...

KAI joins hands with VTX to enter Vietnam's helicopter market

KAI joins hands with VTX to enter Vietnam's helicopter market

Korea Aerospace Industries Co. (KAI) on Friday signed a preliminary agreement with Vietnam’s Viettel Aerospace Institute (VTX) to cooperate in...

Samsung, LG, Sony vie for mixed-reality OLED display market

Samsung, LG, Sony vie for mixed-reality OLED display market

Samsung Display Co., LG Display Co. and Sony Corp. — the world’s three leading display panel makers — are ratcheting up efforts to...

Revuelto, Lamborghini's first PHEV, launched in S.Korean market

Revuelto, Lamborghini's first PHEV, launched in S.Korean market

Italian supercar brand Automobili Lamborghini unveiled its first-ever plug-in hybrid (PHEV) super sports car, the "Revuelto," in South Korea on Frid...

L&F to jump-start anode business with Mitsubishi Chemical

L&F to jump-start anode business with Mitsubishi Chemical

L&F Co., a major cathode supplier in South Korea, has embarked on a grand plan to take its battery materials business to new heights with the ad...

S.Korean MMORPG 'Lost Ark' to launch in Chinese market

S.Korean MMORPG 'Lost Ark' to launch in Chinese market

"Lost Ark," the popular South Korean MMORPG developed by Smilegate RPG, is set to make its debut in the Chinese gaming market next month. Tencent Ga...

S.Korea attracts investment of $940 mn from 6 European companies

S.Korea attracts investment of $940 mn from 6 European companies

South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D centers.The six compani...

Monthly exports set for growth in June for 1st time in 10 months

Monthly exports set for growth in June for 1st time in 10 months

South Korea’s exports in the first 20 days of June rose from a year earlier, seeing growth in the period for the first time since last August....

Hyundai Motor, Kia regain top spot in Vietnam's auto market

Hyundai Motor, Kia regain top spot in Vietnam's auto market

Hyundai Motor Co. and Kia Corp. are solidifying their dominance in the Vietnamese car market through the launch of new models and competitive lineup...

NH Property & Casualty Insurance inks MOU with Vietnam's PVI

NH Property & Casualty Insurance inks MOU with Vietnam's PVI

South Korea's NH Property and Casualty Insurance announced on Wednesday its new comprehensive business cooperation agreement (MOU) with PVI Insuranc...

Lotte Rental CEO becomes first owner of Kia EV9

Lotte Rental CEO becomes first owner of Kia EV9

The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...

Lotte affiliates’ credit ratings downgraded all at once

Lotte affiliates’ credit ratings downgraded all at once

The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...

Innocean acquires digital marketing company D-Plan 360

Innocean acquires digital marketing company D-Plan 360

Innocean, a Hyundai Motor Group-affiliated advertising agency, has acquired the Seoul-based digital marketing company D-Plan 360 to greatly rai...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation