Hyundai Electric to supply ESS worth $160 mn to KEPCO's substation

Hyundai Electric, an electric systems spinoff from South Korean shipbuilding giant Hyundai Heavy Industries Co., said on Tuesday that it will supply...

Hyundai Doosan Infracore to supply engines for K2 tanks bound for Poland

Hyundai Doosan Infracore Co., a South Korean construction equipment company, said on Tuesday it has signed a 180 billion won ($138 million) contract...

Hyundai Motor Group sells hydrogen fuel cell systems to German firm

Hyundai Motor Group will supply a large quantity of hydrogen fuel cell systems to an eco-friendly truck manufacturer in Europe.South Korea's top c...

LG Group seeks future growth engines with new R&D units

LG Group, South Korea’s fourth-largest conglomerate, set up new research and development units at key affiliates to seek future growth engines...

S.Korean biotech firm Noul signs MOU with disease center of Ghana

South Korea's Medical diagnostics company Noul Co., Ltd. said on Monday that it has signed a memorandum of understanding with the Ghana Infectious D...

Hyundai Transys holds consultations for partners to help them move overseas

South Korea's auto powertrain maker Hyundai Transys said on Monday that a total of 23 suppliers received its video consultation assistance for eight...

KB Financial included in DJSI for 7 consecutive years

KB Financial Group has been included in the 2022 Dow Jones Sustainability World Index for seven years in a row announced by Standard & Poor's Gl...

Hyundai, Kia on course for record EV sales in Europe

Hyundai Motor Group, South Korea’s top carmaker, is on course for record electric vehicle sales in Europe, with its new models' expansion in t...

Hyundai Motor signs MOU with OECD's International Transport Forum

Hyundai Motor Co. joined hands with the International Transport Forum under the Organization for Economic Cooperation and Development to strengthen ...

IONIQ 5 named Japan's Import Car of the Year for 2022-2023

Hyundai Motor Co. on Friday said its electric-powered sport-utility vehicle (SUV) IONIQ 5 was named Japan's Import Car of the Year for 2022-23 by th...

LG Group think tank unveils breakthrough AI tech Exaone

LG AI Research, the artificial intelligence (AI) think tank of South Korea's LG Group, on Thursday unveiled Exaone, a gigantic AI technology that ra...

Doosan Logistics clinches deal to build Daiso's new hub center

South Korean system integrator Doosan Logistics Solution (DLS) has won a deal to build a new distribution center at 75 billion won ( $57 million)....

Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women

Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...

Hyundai Motor sells hydrogen-powered truck Xcient in S.Korea

Hyundai Motor Co. on Thursday said it launched sales of its hydrogen-powered fuel cell truck Xcient Fuel Cell in South Korea.The model is the worl...

Korea Shinhan Financial taps banking unit head as group CEO

Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...

South Korea to boost fintech fund to 1 trillion won

South Korea's financial authorities have decided to increase the size of the Fintech Innovation Fund from 500 billion won($379 million) to 1 trillion ...

Coupang to invest $4.7 billion in supply chains in Korea over 12 years

  South Korea's e-commerce giant Coupang has briefed US Ambassador to Seoul Philip Goldberg at the company's fulfillment center in Daegu, a fa...

Hyundai Rotem delivers first batch of K2 tanks to Poland in $3.4 bn deal

Hyundai Rotem Co., a South Korean defense equipment maker, said on Wednesday it has delivered the first batch of its battle tanks to Poland as part ...

Pan Ocean buys 5% of Hanjin KAL from Hoban Construction

Pan Ocean Co., the shipping affiliate of Harim Group, on Tuesday said it bought a 5% stake or 3.3 million shares in Hanjin KAL Corp. in a block deal...

Daol Financial Group to let go of VC affiliate, hit by liquidity crunch

The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol...

Blackpink named Entertainer of the Year by Time Magazine

Group Blackpink was selected as "2022 Entertainer of the Year" by TIME, a US weekly magazine. The magazine released a list of the most influential p...

Kia to produce flagship EV9 at Georgia plant in US from 2024

Kia Corp., South Korea’s second-largest automaker, will manufacture the EV9, its large flagship electric SUV, at its plant in the US state of ...

SK On-Ford Motor EV battery joint venture breaks ground in Kentucky

NEW YORK – SK On Co., a leading South Korean battery maker, and Ford Motor Co. have begun building their multi-billion-dollar joint venture in...

Lotte Chem, Air Liquide Korea launch JV for hydrogen business

South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...

South Korea's Hyundai Heavy Industries establishes chief AI officer post

South Korea's Hyundai Heavy Industries Group has created the position of chief artificial intelligence (AI) officer (CAIO) to propel a major busines...

Hyundai's sales of E-GMP-based EVs exceed 100,000 units in Korea

South Korea’s Hyundai Motor Group sold more than 100,000 units of electric vehicles (EVs) that adopted Hyundai Motor’s E-GMP, or Electri...

Hyundai Mobis to unveil new future mobility technologies at CES 2023

Korea's largest auto parts supplier Hyundai Mobis will take part in CES 2023, the world's largest info tech exhibition, to showcase cutting-edge t...

SK Telecom wins global awards for innovative virtualization technology

SK Telecom, a leading South Korean 5G services provider, announced on Sunday that it won two global awards: Global Telecom Awards 2022 and Leading L...

Future transport center to make UAM, autonomous vehicle transfer easy

The Korean Ministry of Land, Infrastructure and Transport's Metropolitan Area Transportation Committee said on Sunday that it would promote establis...

Hyundai, Kia US sales up 32% in Nov; eco-friendly cars jump

South Kora’s top automaker Hyundai Motor Group enjoyed strong demand in the US last month as the improving automotive chip supply situation bo...