Kia wins World's Greatest Auto Disruptors 2024

Kia wins World's Greatest Auto Disruptors 2024

Kia Corp. won two categories of the Newsweek World’s Greatest Auto Disruptors Awards with the all-electric EV9 winning Research and Developmen...

S.Korea’s Doosan Enerbility to develop aircraft engines

S.Korea’s Doosan Enerbility to develop aircraft engines

South Korea’s major power plant builder Doosan Enerbility Co. plans to develop aircraft engines based on its turbine technology as its new gro...

LG Electronics named Energy Star Partner of 2024

LG Electronics named Energy Star Partner of 2024

LG Electronics Inc. has been named 2024 Energy Star Partner of the Year and Sustained Excellence by the US Environmental Protection Agency (EPA) a...

Universal Music acquires 10-year distribution rights to HYBE music

Universal Music acquires 10-year distribution rights to HYBE music

The world’s largest music company Universal Music Group (UMG) has struck an exclusive deal to distribute music from HYBE Co., the South Korean...

Solus Advanced Materials poised to lead EV copper foil market: CEO

Solus Advanced Materials poised to lead EV copper foil market: CEO

Solus Advanced Materials Co. is not a household name among ordinary electric vehicle drivers. But the South Korean company is a little giant to gl...

Hyundai boosts Genesis with enhanced performance, luxury

Hyundai boosts Genesis with enhanced performance, luxury

NEW YORK -- Hyundai Motor Co., South Korea’s top automaker, is set to boost its premium brand Genesis with performance models and more luxury ...

Korea’s IPO market heats up with HD Hyundai Marine, K Bank

Korea’s IPO market heats up with HD Hyundai Marine, K Bank

South Korea’s initial public offering market is heating up as HD Hyundai Marine Solution Co., which aims to raise 742.6 billion won ($553.4 mi...

Hyundai, Red Sea Global agree on EV, AAM projects in Saudi luxury resorts

Hyundai, Red Sea Global agree on EV, AAM projects in Saudi luxury resorts

South Korea’s top automaker Hyundai Motor Group said on Monday it has agreed with Saudi Arabia’s state-sponsored developer Red Sea Globa...

Hyundai to nearly double ultra-fast EV chargers by 2024

Hyundai to nearly double ultra-fast EV chargers by 2024

Hyundai Motor Group is set to increase its ultra-fast electric vehicle chargers across South Korea from current 286 to 500 by next year, the auto gi...

Nongshim to build instant noodle plant in Korea for exports

Nongshim to build instant noodle plant in Korea for exports

Nongshim Co., South Korea’s top instant noodle maker, is set to build a new factory in the country for exports of ramen, or ramyun, for the fi...

Hyundai, Kia's European sales reach 79,000 units in February

Hyundai, Kia's European sales reach 79,000 units in February

Hyundai Motor Co. and Kia Corp. reported a 2.3% rise in European sales in February, selling a combined total of 79,130 vehicles, according to data f...

Samsung Electronics collects $4.3 bn in dividends from display unit

Samsung Electronics collects $4.3 bn in dividends from display unit

Samsung Electronics Co., the world’s largest memory chipmaker, is slated to receive about 5.64 trillion won ($4.3 billion) worth of dividends ...

Hyundai vows to cut costs, seek shift toward SDVs as EV uptake slows

Hyundai vows to cut costs, seek shift toward SDVs as EV uptake slows

South Korea’s top automaker Hyundai Motor Co. has vowed to sharpen its electric vehicle price competitiveness through tech advancement and eff...

SK Hynix earmarks $91 bn to construct world's largest chip fab

SK Hynix earmarks $91 bn to construct world's largest chip fab

SK Hynix Inc., the global No. 2 memory chipmaker, is slated to invest more than 120 trillion won ($90.7 billion) by 2046 to build the world’s ...

Hyundai Motor unveils Genesis G90 Black

Hyundai Motor unveils Genesis G90 Black

Hyundai Motor Co. announced on Thursday that its premium brand Genesis launched the Genesis G90 Black, the highest trim of its premium brand of Gene...

SK Enmove in talks to deliver liquid cooling system to US tech firm

SK Enmove in talks to deliver liquid cooling system to US tech firm

South Korea’s lube oil maker SK Enmove Co. is seeking to supply liquid immersion cooling systems for data centers of a US technology company, ...

BTS, Blackpink economy: Korea’s IP rights trade surplus hits record high

BTS, Blackpink economy: Korea’s IP rights trade surplus hits record high

While the economic impact of US singer Taylor Swift is so powerful that pundits coined words like “the Taylor Swift economy,” no less st...

Korea fines Doosan Enerbility $12 mn for improper bookkeeping

Korea fines Doosan Enerbility $12 mn for improper bookkeeping

South Korea’s top financial regulator said on Wednesday it will fine local major power plant builder Doosan Enerbility Co. 16.1 billion won ($...

HD Hyundai to supply 60 excavators to Sudan

HD Hyundai to supply 60 excavators to Sudan

South Korea's HD Hyundai Construction Equipment Co. announced on Wednesday that it recently signed a contract to supply 60 construction equipment un...

Top US general sees changing nuclear threat from North Korea

Top US general sees changing nuclear threat from North Korea

COMMAND POST TANGO, South Korea—The top U.S. military official in South Korea said his thinking has changed on deterring North Korea’s n...

Samsung invests in BrickBio in US

Samsung invests in BrickBio in US

Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...

Hyundai E&C wins $132 mn biogas facility project

Hyundai E&C wins $132 mn biogas facility project

Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Monday that it was selected as the preferred bidder for a private invest...

Celltrion'a autoimmune disease drug Zymfentra makes US debut

Celltrion'a autoimmune disease drug Zymfentra makes US debut

South Korean biopharmaceutical giant Celltrion Inc. said on March 17 that it has launched its new autoimmune disease treatment Zymfentra in the US m...

Upstage establishes US subsidiary in Silicon Valley

Upstage establishes US subsidiary in Silicon Valley

South Korea's artificial intelligence (AI) startup Upstage announced on Monday that it established the US corporation Upstage AI in Silicon Valley, ...

Samsung faces dubious suit every 5 days from US patent trolls

Samsung faces dubious suit every 5 days from US patent trolls

South Korean tech giant Samsung Electronics Co. is battling an increasing number of patent infringement litigation cases from US patent trolls, the ...

Hyundai Dept. Store virtual idol pop-ups attract 100,000

Hyundai Dept. Store virtual idol pop-ups attract 100,000

South Korea's Hyundai Department Store Co. said on Monday that its pop-up stores of the three virtual idol groups at The Hyundai Seoul attracted ove...

GAS Entec wins order for Indonesian offshore plant

GAS Entec wins order for Indonesian offshore plant

South Korea’s GAS Entec Co., the offshore plant design and modification form, has secured a contract to construct and operate a liquified natu...

EverCharge to install EV chargers at Oracle Park

EverCharge to install EV chargers at Oracle Park

South Korea’s SK E&S Co. announced on Sunday that its US-based electric vehicle (EV) charging subsidiary EverCharge Inc. will install hund...

S.Korea’s Kumho Tire to invest $751 mn to build plant in Europe

S.Korea’s Kumho Tire to invest $751 mn to build plant in Europe

Kumho Tire Co., South Korea’s No. 2 tire maker, plans to invest more than 1 trillion won ($750.8 million) by 2027 to build its first plant in ...

SK On in talks with Nissan to supply batteries in US

SK On in talks with Nissan to supply batteries in US

South Korean rechargeable battery maker SK On Co. is in talks with Nissan Motor Co. to jointly produce battery cells for the Japanese carmaker in th...

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push Korean waste management firm Koentec put on market for $730 mn