POSCO International to set up EV parts factory in Poland

POSCO International to set up EV parts factory in Poland

POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., plans to build an elect...

Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance

Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance

Samsung Group leader Lee Jay-yong has met with Tesla Inc. Chief Executive Elon Musk to discuss a tech alliance between the two companies in a variet...

HD Hyundai Energy Solutions to develop ultra-high efficiency solar panel

HD Hyundai Energy Solutions to develop ultra-high efficiency solar panel

South Korea's HD Hyundai Energy Solutions, HD Hyundai Co.'s solar power subsidiary, has set a goal to mass produce ultra-high efficiency solar panel...

Hyundai Motor posts largest share of global hydrogen car market in Q1

Hyundai Motor posts largest share of global hydrogen car market in Q1

Hyundai Motor Co. in the first quarter controlled over half of the global market for fuel cell electric vehicles (FCEV) powered by hydrogen thanks t...

Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3

Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3

South Korea’s top automaker Hyundai Motor Co. will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next d...

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...

S.Korea to invest $2.6 bn in quantum technology by 2035

S.Korea to invest $2.6 bn in quantum technology by 2035

South Korea will spend 3.5 trillion won ($2.6 billion) on quantum science and technology development by 2035 in partnership with the country’s...

Kolon Industries to increase aramid pulp production for EVs

Kolon Industries to increase aramid pulp production for EVs

Kolon Industries Inc., a leading industrial materials maker in South Korea, said on Wednesday it will inject 22 billion won ($16.6 million) to expan...

Hyundai Motor, Kia to receive 25% tax credit for EV plant spending

Hyundai Motor, Kia to receive 25% tax credit for EV plant spending

ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its planned investment in a...

Hyundai Steel launches online mall Hcore Store

Hyundai Steel launches online mall Hcore Store

South Korea's Hyundai Steel on Tuesday said it launched the e-commerce platform Hcore Store on a pilot basis to boost domestic sales of steel materi...

Hyundai, IGIS sign deal to develop robot-friendly buildings

Hyundai, IGIS sign deal to develop robot-friendly buildings

Hyundai Motor Group said on Tuesday that it has signed a business agreement with IGIS Asset Management Co., the largest real estate investment firm ...

S.Korean gov't proposes nuclear power plant cooperation to Hungary

S.Korean gov't proposes nuclear power plant cooperation to Hungary

South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...

Hyundai Rotem, Hana Bank to promote private railway project

Hyundai Rotem, Hana Bank to promote private railway project

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...

Hyundai Motor drives software unit's Q1 sales higher

Hyundai Motor drives software unit's Q1 sales higher

Record-setting earnings at South Korea’s Hyundai Motor Group have driven its vehicle software platform’s sales sharply higher and painte...

SK Ecoplant to build waste EV battery recycling plant in China

SK Ecoplant to build waste EV battery recycling plant in China

South Korea's SK Ecoplant Co. will build a recycling facility for electric vehicle (EV) waste batteries in the eastern Chinese province of Jiangsu, ...

Hyundai’s quantum leap: how it shines through in crisis

Hyundai’s quantum leap: how it shines through in crisis

Hyundai Motor Co. and its affiliate Kia Corp. are slated to log a combined 150 million units of car sales this month. The carmakers of Hyundai Motor...

NuScale to build Korea’s first SMR in Uljin, home to native Korean reactors

NuScale to build Korea’s first SMR in Uljin, home to native Korean reactors

NuScale Power Corp. is expected to build its first small modular reactor (SMR) plant in South Korea in Uljin, already home to Korean native nuclear ...

SK Innovation’s battery sales at record high, production yield improved

SK Innovation’s battery sales at record high, production yield improved

SK Innovation Co. said on Thursday its battery affiliate SK On Co. posted record quarterly sales following a facility ramp-up in the US to meet risi...

Samsung, Hyundai, others to use hydrogen buses for commute

Samsung, Hyundai, others to use hydrogen buses for commute

Samsung Electronics Co., Hyundai Motor Co., SK Hynix Inc., POSCO Holdings Inc., SK E&S, POSCO E&C and SK Siltron have agreed to replace thei...

LG Energy Solution drops to third on global market for EV battery in Q1

LG Energy Solution drops to third on global market for EV battery in Q1

South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...

SK On to develop anode materials with Westwater Resources of US

SK On to develop anode materials with Westwater Resources of US

South Korea's electric vehicle (EV) battery maker SK On and the American graphite company Westwater Resources will jointly develop anode materials f...

S.Korea, US advised to cooperate in advanced nuclear power plant

S.Korea, US advised to cooperate in advanced nuclear power plant

Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured about 80% of the glo...

POSCO, Huayou to expand ties for battery precursors

POSCO, Huayou to expand ties for battery precursors

POSCO Future M Co., formerly known as POSCO Chemical Co., on Wednesday signed a preliminary agreement with China’s Zhejiang Huayou Cobalt Co. ...

Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines

Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines

South Korea's automotive internet sales company Hyundai AutoEver and electrical equipment and automation specialist LS Electric Co. have adopted Ieu...

Merck to build biopharma raw material plant in Korea

Merck to build biopharma raw material plant in Korea

Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...

Hyundai, Kia’s brisk April sales bode well for stellar Q2

Hyundai, Kia’s brisk April sales bode well for stellar Q2

The second-quarter earnings outlook for South Korea’s biggest automaker Hyundai Motor Co. and its sister company Kia Corp. looks rosy as eased...

Hyundai Motor unveils XCIENT fuel cell tractor in N.America

Hyundai Motor unveils XCIENT fuel cell tractor in N.America

Hyundai Motor Co. showcased the mass-production model of its XCIENT Fuel Cell Tractor, a 37.2-ton 6x4 truck specifically designed for long-distance ...

SK Geo Centric, Loop to set up plastic recycling plant in Korea

SK Geo Centric, Loop to set up plastic recycling plant in Korea

SK Geo Centric Co., a petrochemical unit within South Korean conglomerate SK Group, said on Wednesday it will set up a joint venture with a Nasdaq-l...

Daewoong Pharma to build third botulinum toxin plant for $746 mn

Daewoong Pharma to build third botulinum toxin plant for $746 mn

South Korea’s Daewoong Pharmaceutical next year will open a third plant to greatly expand annual output of its botulinum toxin Nabota at a cos...

KT launches two new AI serving robots

KT launches two new AI serving robots

South Korea's KT Corp., said on Tuesday that it has unveiled two new AI service robots with upgraded features for enhanced driving stability and w...

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