CEOs of Samsung, LG group companies buying back their stocks

CEOs of Samsung, LG group companies buying back their stocks

Leading executives of major South Korean corporations Samsung Electronics Co., LG Energy Solution Ltd. and LG Electronics Inc. are buying back their...

Hyundai debuts possible final Sonata, Tesla joins 1st time: Seoul auto show

Hyundai debuts possible final Sonata, Tesla joins 1st time: Seoul auto show

Hyundai Motor Co. may consider discontinuing its steady seller Sonata sedan after the latest edition's release, the company’s chief hinted at ...

Chip foundry DB HiTek's stock near 10-month peak on activist fund

Chip foundry DB HiTek's stock near 10-month peak on activist fund

South Korean leading foundry chipmaker DB HiTek’s stock price hit a near 10-month high this week as a domestic activist fund bought a stake to...

LG Group Chairman names AI, bio, clean tech as new growth engines

LG Group Chairman names AI, bio, clean tech as new growth engines

LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...

POSCO Int'l expands into bioplastic recycling business

POSCO Int'l expands into bioplastic recycling business

POSCO International, a subsidiary of South Korea's steel-making-oriented POSCO Group, announced on Wednesday its entry into the biodegradable biopla...

Doosan Group opens museum on its corporate history

Doosan Group opens museum on its corporate history

South Korea's Doosan Group on Tuesday opened Doosan Heritage 1896, a museum displaying 127 years of the conglomerate's history, at Doosan Tower in t...

Hyundai Capital issues green bonds under eco-friendly biz guidelines

Hyundai Capital issues green bonds under eco-friendly biz guidelines

South Korea's Hyundai Capital on Tuesday said it issued green bonds worth 600 billion won ($462.3 million) following K-Taxonomy, a series of governm...

Hyundai Rotem signs high-speed rail car deal with Korail

Hyundai Rotem signs high-speed rail car deal with Korail

Hyundai Rotem Co., a company under the Hyundai Motor Co. Group that specializes in manufacturing rolling stock, defense products and plant equipment...

Hyundai Glovis, GS Energy jointly pursue clean hydrogen biz

Hyundai Glovis, GS Energy jointly pursue clean hydrogen biz

South Korea's logistics company Hyundai Glovis Co. on Monday said it signed a memorandum of understanding on the clean hydrogen and ammonia business...

Hyundai E&C, KAI to develop export-type package for defense industry

Hyundai E&C, KAI to develop export-type package for defense industry

South Korea's Hyundai Engineering & Construction (E&C) and Korea Aerospace Industries Ltd. (KAI) will jointly develop an export package for ...

LS Group completes nickel sulfate plant for EV batteries

 LS Group completes nickel sulfate plant for EV batteries

South Korea’s LS Group said on Monday it has completed construction of a new plant to produce nickel sulfate, a key raw material for next-gene...

Hyundai Doosan Infracore rebrands as HD Hyundai Infracore

Hyundai Doosan Infracore rebrands as HD Hyundai Infracore

Hyundai Doosan Infracore Co., a construction and machinery subsidiary of HD Hyundai  Group, decided to rebrand itself as HD Hyundai Infracore, ...

Kolon Industries achieves certification for eco-friendly petroleum resins

Kolon Industries achieves certification for eco-friendly petroleum resins

Kolon Industries Inc., a Korean manufacturer of chemical and textile products, announced on Monday that it has become the first company in the domes...

SK Energy wins first place in K-BPI gas station sector in Korea

SK Energy wins first place in K-BPI gas station sector in Korea

SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...

Korea's Hyundai E&C, KHNP to promote clean hydrogen projects

Korea's Hyundai E&C, KHNP to promote clean hydrogen projects

Hyundai Engineering & Construction Co., a major construction contractor in South Korea, signed on March 24 a memorandum of understanding (MOU) w...

Samsung, Aramco to cooperate in using industrial 5G tech

Samsung, Aramco to cooperate in using industrial 5G tech

Samsung Electronics Co. and Saudi Aramco announced on Friday the signing of a strategic cooperation memorandum of understanding aimed at localizing ...

Hyundai Motor, Kia partner with DeepX to develop robotics services

Hyundai Motor, Kia partner with DeepX to develop robotics services

South Korean carmakers Hyundai Motor Co. and Kia Corp. have partnered with DeepX, a domestic startup that specializes in designing AI semiconductors...

Hyundai launches 2023 season of HMG Driving Experience Center

Hyundai launches 2023 season of HMG Driving Experience Center

Hyundai Motor Group announced the commencement of the 2023 season for its HMG Driving Experience Center, which is the largest of its kind in South K...

HD Hyundai, Korea Univ. open internship to develop future talent

HD Hyundai, Korea Univ. open internship to develop future talent

South Korea's HD Hyundai Co. and Korea University will jointly develop next-generation personnel to lead core business lines of the future.Chung Ki-...

Hanwha gets nod on DSME deal from most countries, but not Korea

Hanwha gets nod on DSME deal from most countries, but not Korea

South Korea’s leading defense maker Hanwha Group has obtained approval for its acquisition of Daewoo Shipbuilding & Marine Engineering Co....

HMM receives Gold rating in EcoVadis ESG evaluation

HMM receives Gold rating in EcoVadis ESG evaluation

HMM Co., formerly known as Hyundai Merchant Marine, announced on Thursday that it has received the "Gold" rating for environmental, social and gover...

Hyundai Motor, Kia develop ultra-high-temp hydrogen fuel cells with US firm

Hyundai Motor, Kia develop ultra-high-temp hydrogen fuel cells with US firm

Hyundai Motor Co. and Kia Corp. has joined forces with Advent Technologies, an American maker of membrane electrode assemblies (MEA), a key componen...

Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame

Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame

Shin Chang-jae, chief executive and chairman of South Korea’s Kyobo Life Insurance Co., has been honored with a prestigious award from the I...

Hyundai Heavy tops global 2-stroke engine production

Hyundai Heavy tops global 2-stroke engine production

South Korea’s Hyundai Heavy Industries Co. became the world’s first shipbuilder to have marked 200 million brake horsepower (bhp) in cum...

Korea's Kolon Group takes first step successfully in space launch vehicle biz

Korea's Kolon Group takes first step successfully in space launch vehicle biz

South Korea's Kolon Group announced on Wednesday that Kolon DACC Composite participated in the launch of the first private test launch vehicle in Ko...

Kolon Industries to make 100% plant-based eco-friendly plastic

Kolon Industries to make 100% plant-based eco-friendly plastic

Kolon Industries Inc.'s Future Technology Institute announced on Wednesday that it has partnered with Stora Enso Oyj, a global biomaterials leader f...

Samsung Electronics gets highest-level certification from AWS

Samsung Electronics gets highest-level certification from AWS

South Korea's electronics giant Samsung Electronics Co. has achieved the highest level of "Platinum" certification from the Alliance for Water Stewa...

LG Chem supplies RO filters for Chinese lithium extraction project

LG Chem supplies RO filters for Chinese lithium extraction project

South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...

Hyundai Doosan Infracore wins Italian innovation award

Hyundai Doosan Infracore wins Italian innovation award

Hyundai Doosan Infracore Co., a construction machinery subsidiary of HD Hyundai Group, announced on Tuesday that its 14-ton hybrid electric wheel ex...

S.Korea's brewery Seoul Jangsu forms marketing tie-up with fashion industry

S.Korea's brewery Seoul Jangsu forms marketing tie-up with fashion industry

With South Korea's traditional milky rice wine makgeolli seeing its second heyday centered on the 20- and 30-something crowds, marketing tie-ups tar...

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