Hyundai, SK to build $1.9 bn EV battery plant in US

Hyundai Motor Group, South Korea’s top automaker, and SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, will b...

SK expands sustainable food biz with $7.5 mn US investment

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...

Hyundai E&C creates world's first children's playground using 3D printing

Hyundai Engineering & Construction said on Thursday it has installed children's playground equipment it made using 3D printing technology at Hil...

Hyundai to resurrect 1974 Pony Coupe concept with designer Giugiaro

Back in 1974, Hyundai Motor Co. was nobody in the auto industry.With no decent vehicle design and styling capabilities, the South Korea carmaker app...

Hanwha Q CELLS to join EU project for cutting-edge solar batteries

Hanwha Q CELLS Co. on Thursday said it will join an R&D project for next-generation solar cells that has received 15 million euros (around 20 bi...

Korean ministry, Incheon airport to develop distribution center for SMEs

The Korea SMEs and Startup Agency (KOSME) and Incheon International Airport Corp. (IIAC) on Wednesday announced their signing of a contract to bui...

JW Pharmaceutical relocates US research center from Seattle to Boston

JW Pharmaceutical announced on Wednesday that it has relocated its US research center to Boston from San Diego. JW Theriac was first establishe...

Hyundai-owned Boston Dynamics’ Atlas, Stretch, Spot to take on Tesla Bot

The idea of robots not just taking over menial tasks and tough jobs at logistics centers but also working as personal secretaries or in autonomous d...

Korea's KDB to sell off its life insurer for fifth time

South Korea’s state-run Korea Development Bank (KDB) is poised to accelerate the selling off of its affiliate KDB Life Insurance Co. next week...

KDB reaches out to Hyundai, POSCO, CJ, LX on HMM stake sale

State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...

Lotte to replace construction unit CEO due to liquidity crisis

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

LG Display develops invisible speaker for automobiles

South Korea's LG Display on Monday said it has developed an in-vehicle sound solution that uses screen vibrations to produce sound, and that the dev...

Hyundai’s Genesis G90 named MotorTrend’s 2023 Car of the Year

Hyundai Motor Co.'s G90, a flagship sedan under the South Korean automaker’s premium sub-brand Genesis, has been named the 2023 Car of the Yea...

Mobility startup Poen takes first place at Geeks Show Up event in Jeju

South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...

Eugene Group, Stonebridge Capital mull logistics firm Mesh acquisition

South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...

Hyundai Glovis joins hands with Lion Group to move into Malaysian logistics market (edited)

Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...

Hyundai Mobis unveils gesture-based display control tech

Hyundai Mobis Co., the world’s sixth-largest automotive supplier, has developed technology for the first time in the industry to allow drivers...

Samsung, LG products sweep CES 2023 innovation awards

South Korea’s two largest home appliance makers – Samsung Electronics Co. and LG Electronics Inc. – have swept a record number of ...

Hyundai Genesis to unveil electric-powered convertible concept car

Genesis, the luxury car brand of Hyundai Motor, has unveiled a convertible concept model in Southern California.In Malibu Tuesday, Genesis introduce...

Hyundai Glovis, Malaysia’s Lion Group to enter ASEAN logistics market

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Wednesday it has signed an initial agreement with Malaysi...

CJ CheilJedang rebrands porridge line as Hetbahn Soft Meal

CJ CheilJedang Corp. announced Wednesday it has changed the name of its line of porridge products from Bibigo Jook to Hetbahn Soft Meal. CJ Het...

KT unveils AI strategy, including hyperscale AI commercialization 

South Korea’s second-largest wireless carrier KT Corp. unveiled a set of steps it will take to commercialize the internally developed Hypersca...

S.Korea's Iljin Group halts sale of its display maker

South Korea’s Iljin Display Co. has suspended procedures of selling its 43.19% stake with management rights, the junior bourse Kosdaq-listed d...

Saudi crown prince to meet Korean business leaders in Seoul

Saudi Arabia’s crown prince Mohammed bin Salman is known to be planning meetings with leaders of major South Korean conglomerates, including S...

Hyundai launches fully revamped Grandeur; pre-orders jump

South Korean automaker Hyundai Motor Co. has unveiled a new Grandeur sedan – the first fully revamped model in six years – to strengthen...

Hyundai Motor, Indonesia to jointly enter ASEAN air mobility market

South Korea’s top automaker Hyundai Motor Group and Indonesia’s Nusantara Capital City Authority have agreed to jointly enter the Southe...

LG Uplus, Hyundai Motor Group in connected car service deal

LG Uplus Corp., South Korea’s third-largest mobile carrier, will supply exclusive wireless communications services to Hyundai Motor Group for ...

Hyundai partners with Indonesia firm for stable aluminum supply

Hyundai Motor Co., South Korea’s top automaker, joined hands with an Indonesian miner to secure a stable aluminum supply as demand for the raw...

Hyundai Glovis signs $796 million shipping deal with global automaker

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...

Hyundai E&C unveils 1st designs for Korean-made UAM vertiports

South Korea's Hyundai Construction and Engineering (E&C) has unveiled for the first time its concept designs for the urban air mobility (UAM) in...