Samsung Elec, Naver tie up for smart building business

Samsung Elec, Naver tie up for smart building business

Samsung Electronics Co., the world’s largest memory chipmaker, and Naver Corp., South Korea’s online giant, have joined hands to develop...

HD Hyundai opens Electrification Center

HD Hyundai opens Electrification Center

South Korea's HD Hyundai Group new opened on Monday HD Hyundai Electrification Center at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi ...

Hyundai breaks ground on $1.5 bn EV plant in S.Korea

Hyundai breaks ground on $1.5 bn EV plant in S.Korea

ULSAN -- Hyundai Motor Co., the world’s third-largest automaker along with its affiliate Kia Corp., on Monday broke ground for a dedicated ele...

Samsung’s Harman to buy French audio software firm FLUX::

Samsung’s Harman to buy French audio software firm FLUX::

Harman Professional Solutions, a professional sound system unit under Samsung Electronics Co.'s wholly owned Harman International, has agreed to acq...

Samsung joins Swedish smartcity net zero home project

Samsung joins Swedish smartcity net zero home project

Samsung Electronics Co. announced on Friday it will provide its Net Zero Home solutions for the upcoming Brobyholm Smartcity near Stockholm, Swede...

Hyundai Motor's K-UAM One Team collaborates with Incheon

Hyundai Motor's K-UAM One Team collaborates with Incheon

The "K-UAM One Team," an urban air mobility (UAM) consortium consisting of five companies, including Hyundai Motor, has announced that it signed a m...

JLK supplies AI stroke solutions to Philippines

JLK supplies AI stroke solutions to Philippines

JLK Inc., South Korea's stroke diagnosis specialist company, announced on Thursday it implemented two artificial intelligence (AI) stroke diagnostic...

Hyundai E&C to form private-public partnership for US solar power

Hyundai E&C to form private-public partnership for US solar power

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C), Korea Midland Power Co., and the Korea Overseas Infrastructure & Urb...

Korean AI startups Allganize, Neurophet raise over $35 mn

Korean AI startups Allganize, Neurophet raise over $35 mn

South Korea’s artificial intelligence technology startups Allganize Inc. and Neurophet Inc. raised about 47 billion won ($35 million) in total...

Hyundai's Supernal plans to build flying taxi plant in US

Hyundai's Supernal plans to build flying taxi plant in US

Hyundai Motor Group plans to build a flying electric taxi plant in the US as the South Korean automotive group aims to bring flying cars to the mark...

Hyundai Mobis raises $940 mn via loan for EV parts plants in US

Hyundai Mobis raises $940 mn via loan for EV parts plants in US

Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, has raised $940 million via an overseas loan to build facilities for its electri...

Imported cars set to snap 3-year growth streak in S.Korea

Imported cars set to snap 3-year growth streak in S.Korea

Imported passenger cars are expected to see their first retreat in four years in South Korea on the growing popularity of domestic luxury models suc...

Heerim wins design contract for Hyundai Motor's Saudi plant

Heerim wins design contract for Hyundai Motor's Saudi plant

South Korea's Heerim Architects & Planners said on Monday it secured the architectural design contract for Hyundai Motor Co.'s new automobile as...

Hyundai Motor, Kia's US electric vehicle sales at record-high in October

Hyundai Motor, Kia's US electric vehicle sales at record-high in October

South Korea's Hyundai Motor Group set a historic sales record in the US electric vehicle market, posting its best-ever performance in October. The a...

Hyundai Motor Group units’ profits double as Chung enters 4th year

Hyundai Motor Group units’ profits double as Chung enters 4th year

South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chu...

Naver-invested ichrogene enters Thai market

Naver-invested ichrogene enters Thai market

South Korea's digital healthcare startup ichrogene, with investment from Naver D2 Startup Factory (D2SF), entered into Thai market. Naver Corp....

Hyundai bets big on deep discounts to survive EV plateau

Hyundai bets big on deep discounts to survive EV plateau

Hyundai Motor Co. is going all out to revive drivers’ interest in electric vehicles with significant price cuts in the US, the world’s s...

HD Hyundai Oilbank secures bio-based material supply network

HD Hyundai Oilbank secures bio-based material supply network

South Korea's HD Hyundai Oilbank announced on Tuesday it signed contracts with Indonesia's Korindo Group and Korea's LX International for the purcha...

HD Hyundai joins $14 mn offshore wind power project

HD Hyundai joins $14 mn offshore wind power project

HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has joine...

LG Uplus to build robot-friendly building with Hyundai

LG Uplus to build robot-friendly building with Hyundai

South Korea’s LG Uplus Corp. has teamed up with Hyundai Motor Co. and Kia Robotics Lab to build a communications infrastructure ecosystem at a...

Hyundai unveils world’s first commercial LTE train signaling system

Hyundai unveils world’s first commercial LTE train signaling system

Hyundai Rotem Co., a South Korean manufacturer of rolling stock, defense products and plant equipment, in a world first has commercialized a train s...

Hyundai unveils Avante N1 Cup Car

Hyundai unveils Avante N1 Cup Car

Hyundai Motor Co. has unveiled the "Avante N1 Cup Car," which will be introduced in the 2024 season of the largest one-make race event in South Kore...

HD Hyundai develops electric propulsion system for large ships

HD Hyundai develops electric propulsion system for large ships

HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's ...

Hyundai’s record Q3 profit beats Samsung; no EV output cut planned

Hyundai’s record Q3 profit beats Samsung; no EV output cut planned

Hyundai Motor Co. on Thursday posted its highest-ever quarterly operating profit for the July-September period, driven by robust sales of pricey car...

Whole loans offer funding solution for stretched borrowers: Savills IM

Whole loans offer funding solution for stretched borrowers: Savills IM

Despite the challenging economic environment, there are still plenty of opportunities for profit in commercial real estate, notably through debt i...

S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal

S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal

DOHA -- HD Hyundai Heavy Industries Co., the world’s second-largest shipyard, has won a $3.9 billion deal to build 17 liquified natural gas ca...

LG Energy Solution to start producing cheaper EV batteries

LG Energy Solution to start producing cheaper EV batteries

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to manufacture cheaper EV batteries such as lithium ...

POSCO DX develops AI-based roadkill prevention system

POSCO DX develops AI-based roadkill prevention system

POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc. announced on Wednesday it developed an artificial intelligen...

Hyundai Glovis opens smart logistics R&D center G-Lab

Hyundai Glovis opens smart logistics R&D center G-Lab

South Korean shipping and logistics company Hyundai Glovis Co. announced on Wednesday it has opened a research and development (R&D) space for s...

ESTsoft, LG Energy sign AI human education program contract

ESTsoft, LG Energy sign AI human education program contract

South Korea's AI service specialist company ESTsoft Corp. announced on Tuesday it has signed an education content supply contract with LG Energy Sol...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required