SK Hynix, Samsung's fight for HBM lead set to escalate on AI boom

Long-time runner-up SK Hynix Inc. significantly narrowed the market share gap with global memory leader Samsung Electronics Co. to 6.3 percentage po...

Hyundai, LG to spend combined $7.6 bn to build EV, battery plants in US

Hyundai Motor Group and LG Energy Solution Ltd. will spend a combined $7.59 billion to build electric vehicle and battery cell plants in Georgia, th...

AI webtoon generator Realdraw earns most votes at D.Day

Realdraw, a South Korean developer of artificial intelligence image generation technology, won the country’s oldest startup pitch race D.Day l...

LG Group manages ESG information like financial data

LG Group has decided to manage environmental, social, and governance (ESG) management activities as if they were financial data. The aim is to provi...

Samsung set to supply HBM3 to Nvidia, develops 32 Gb DDR5 chip

Samsung Electronics Co. is expected to soon supply high-performance DRAM chips, HMB3, to US graphics chip designer Nvidia Corp. – a move that ...

Hyundai Engineering to produce offshore wind power on Chuja Islands

South Korea’s Hyundai Engineering on Thursday said it signed the day before a memorandum of understanding with Equinor Korea, LG Chem Ltd., PO...

Mirae Asset seeks to buy India’s 9th-largest brokerage Sharekhan

South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...

SK Group commemorates chairman's 25th year since inauguration

SK Group, South Korea’s No. 2 conglomerate, will commemorate the 25th anniversary of Chey Tae-won’s inauguration as chairman on Sept. 1....

S.Korea’s Coreline Soft teams up with HCK of Switzerland

South Korea's Coreline Soft, a maker of artificial intelligence (AI)-based imaging diagnostic materials, on Wednesday said it will sell its chest di...

Hyundai Steel's offshore wind power plant gets int’l certification

South Korea’s Hyundai Steel on Wednesday said its Ulsan Factory 2 in the southern coastal city of Ulsan received certification as an offshore ...

Hyundai to invest $398 mn in Korea Zinc for battery materials

Hyundai Motor Group, the global No. 3 automaker, is set to invest $398 million in Korea Zinc Inc., the world’s top lead and zinc smelter, for ...

Hyundai Engineering to develop conversational AI for construction

South Korea's Hyundai Engineering Co. is developing a conversational artificial intelligence (AI) program for use in the plant and construction sect...

New, restyled models intensify SUV battle in S.Korea

Global automakers are racing to release new and restyled sport utility vehicles in South Korea, intensifying the battle to dominate the biggest auto...

Korea's HMM bidders shortlisted to LX Group, Harim, Dongwon

Bidders for HMM Co., South Korea’s top shipping company, have been shortlisted to LX Group, Harim Co. and Dongwon Industries Co., according to...

Sapeon completes $45 mn series A funding

Sapeon, a South Korean artificial intelligence (AI) semiconductor company, announced on Wednesday that it has concluded a Series A funding round, ra...

Hyundai E&C ranks 11th on global construction market

South Korea’s Hyundai Engineering & Construction on Tuesday said it ranks 11th in the world in overseas sales in the annual rankings of ...

S.Korea to develop ultra-low-power AI chips by 2030

South Korea will develop artificial intelligence (AI) chips by 2030 able to perform more than 10 trillion operations per second, while consuming ver...

Hyundai seeks tech to produce clean hydrogen from food waste

Hyundai Motor Group is set to develop technology to produce clean hydrogen from food waste as the world’s third-largest automaker aims to ce...

Hyundai Motor spins off 3 in-house startups in innovative sectors

Hyundai Motor Group said on Tuesday it has spun off three promising in-house startups, which the South Korean automotive group has nurtured as part ...

Hyundai Home Shopping launches live broadcast using AI tech

South Korea's Hyundai Home Shopping Network Corp. on Tuesday said it will release the new concept show based on artificial intelligence (AI) "Seo Ah...

K-pop rookies, fresh boost for Korean entertainment stocks

South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...

Voronoi to strengthen AI-driven open innovation

South Korea’s biotechnology startup Voronoi Inc. announced on Monday that it is intensifying its artificial intelligence (AI)-driven new drug ...

DGB Fin to set up asset management firm in Singapore

South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...

JW Pharma to participate in S.Korea’s new drug project

South Korea's JW Pharmaceutical announced on Monday that its experimental hair loss drug, JW0061, has been selected for a two-year funding program b...

Hyundai Elantra N TCR stands on double podium in 2023 TCR World Tour

Hyundai Motor Co. announced on Monday that the Elantra N TCR has won the 2023 TCR (touring car racing) World Tour in José Carlos Bassi Circui...

Hyundai Motor to self-develop EV chargers to slow Tesla’s ascent

Hyundai Motor Group will develop ultra-fast electric vehicle chargers with its proprietary technology to catch up to the world’s No. 1 EV make...

The Hyundai Seoul attracts 100 mn visitors in 30 months

The Hyundai Seoul, the largest shopping mall in the South Korean capital, has attracted over 100 million visitors since its opening to emerge as a h...

Hyundai Mobis, Israel's Autotalks to develop V2X for self-driving cars

Hyundai Mobis Co., the world’s sixth-largest auto component maker, is slated to partner with Israeli chipset maker Autotalks Ltd. to develop 5...

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung Electronics Co. and LG Electronics Inc. are set to attend Europe's biggest tech trade fair and biggest motor show, IFA and IAA Mobility, res...

Cuckoo Electronics' duty-free sales in July surge by 592%

South Korea's Cuckoo Electronics Co. announced on Friday that its duty-free sales in July increased by 592.6% compared to the same period last year,...