Samsung Display to dump entire stake in LCD equipment maker

Samsung Display to dump entire stake in LCD equipment maker

South Korea’s Samsung Display Co. is set to sell its stake in a domestic liquid crystal display equipment maker as the unit of global tech gia...

JW Pharma unveils S.Korea's first homegrown hybrid incubator

JW Pharma unveils S.Korea's first homegrown hybrid incubator

South Korea's JW Pharmaceutical on Wednesday released three products from its new incubator brand Hi-Mammi.The company's rollout of hybrid and high-...

Hyundai’s IONIQ 6 named Best EV of 2023 in US

Hyundai’s IONIQ 6 named Best EV of 2023 in US

Hyundai Motor Co.'s electric vehicle IONIQ 6 has been named Car and Driver's 2023 EV of the Year on Thursday. According to Hyundai Motor, IONIQ...

LG Group seeks new partners in Silicon Valley’s startup scene

LG Group seeks new partners in Silicon Valley’s startup scene

South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries, biopharmaceuticals...

EVs lack luster in S.Korea’s secondhand car market

EVs lack luster in S.Korea’s secondhand car market

Electric vehicles suffered sharper price falls in South Korea’s secondhand car market this year, compared with combustion engine and hybrid ca...

KOTRA hosts ESG cooperation project in Baubau, Indonesia

KOTRA hosts ESG cooperation project in Baubau, Indonesia

Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday that it conducts an "Environmental, Social and Governance (ESG) Cooperation P...

Hyundai, Kia invest extra $1.5 mn in automotive chip startup

Hyundai, Kia invest extra $1.5 mn in automotive chip startup

Hyundai Motor Co. and Kia Corp. announced on Wednesday that they have invested extra 2 billion won ($1.54 million) in BOS Semiconductors, a vehicle ...

Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years

Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years

South Korea’s top auto parts maker Hyundai Mobis Co. said on Tuesday it expects to begin mass production of its rollable vehicle display &ndas...

Kakao Mobility to develop mobility platform with Vietnam’s Phenikaa

Kakao Mobility to develop mobility platform with Vietnam’s Phenikaa

South Korea's Kakao Mobility and Vietnam's Phenikaa Group have entered into a business agreement to foster technology collaboration within the mobil...

LG Electronics targets EdTech market in US

LG Electronics targets EdTech market in US

LG Electronics Inc. is showcasing a lineup of acclaimed products designed for the education sector at the International Society for Technology in Ed...

Hyundai Mobis overtakes Japan's Aisin on global auto parts market

Hyundai Mobis overtakes Japan's Aisin on global auto parts market

South Korea's Hyundai Mobis has surpassed Japan's Aisin, its biggest competitor in auto parts excluding batteries, to break into the top five on the...

S.Korean firms' rights issues swell 10-fold in June

S.Korean firms' rights issues swell 10-fold in June

An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...

Hyundai Engineering's petrochemical plant in Poland starts pilot output

Hyundai Engineering's petrochemical plant in Poland starts pilot output

South Korea’s Hyundai Engineering has started pilot small-scale output ahead of mass production at its petrochemical plant in Poland.  ...

Pinkfong Baby Shark console game to launch in September

Pinkfong Baby Shark console game to launch in September

South Korea's The Pinkfong Company, popularly known for its "Baby Shark" character, announced on Tuesday the imminent release of a console game titl...

Hyundai Card, Visa form global data alliance

Hyundai Card, Visa form global data alliance

South Korea’s Hyundai Card has launched a data analysis business with Visa. Hyundai Card on Monday said it formed a strategic business partner...

Amorepacific to strengthen partnership with A.S. Watson

Amorepacific to strengthen partnership with A.S. Watson

South Korean beauty and cosmetics giant Amorepacific Group announced on Tuesday that it has signed a memorandum of understanding with A.S. Watson ...

K-drama hitmaker Studio Dragon in crisis as content head resigns

K-drama hitmaker Studio Dragon in crisis as content head resigns

Studio Dragon Corp., a South Korean production company of Netflix hits such as "The Glory" and "Crash Landing on You," said on Monday its co-Chief E...

South Korea’s next price cut target to ease inflation; flour prices

South Korea’s next price cut target to ease inflation; flour prices

South Korea urged domestic millers to cut flour prices after demanding a similar move to instant noodle makers to further ease inflationary pressure...

Samsung accelerates foray into fastest AI chip market

Samsung accelerates foray into fastest AI chip market

South Korea’s Samsung Electronics Co. is speeding up its efforts to penetrate deeper into the high bandwidth memory 3 (HBM3) market, an area i...

Heyday over for Amorepacific, LG Household in China’s beauty market

Heyday over for Amorepacific, LG Household in China’s beauty market

Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...

S.Korea breaks into World Bank's global logistics top 20 list for 1st time

S.Korea breaks into World Bank's global logistics top 20 list for 1st time

South Korea’s logistics performance has ranked 17th in the world, marking its first entry into the top 20 nations, as assessed by the World Ba...

Vestas to relocate Asia-Pacific HQ to Seoul in September

Vestas to relocate Asia-Pacific HQ to Seoul in September

Denmark-based Vestas, the world's top wind turbine manufacturer, is set to move its Asia-Pacific regional headquarters from Singapore to South Korea...

HD Hyundai Infracore targets eco-friendly equipment market

HD Hyundai Infracore targets eco-friendly equipment market

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, is set to make inroads into the eco-friendly sector...

LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds

LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds

LG Chem Ltd. has begun mass production of high-nickel cathode materials made with a single crystal structure for the first time in South Korea, whic...

Hyundai Motor to take 1st crack at Korea’s used car market

Hyundai Motor to take 1st crack at Korea’s used car market

South Korea’s top automaker Hyundai Motor Co. is entering the country’s used car market, whose entry by big companies has long been deni...

Genesis GV70 EV tops German magazine comparison

Genesis GV70 EV tops German magazine comparison

The Electrified GV70, an electric SUV from Hyundai Motor Group's luxury brand Genesis, has won the top spot in a comparison test run by Germany's ...

Hyundai Motor, Vietnam Nat'l Univ., Hanoi promote HR development

Hyundai Motor, Vietnam Nat'l Univ., Hanoi promote HR development

Hyundai Motor Group Chairman Chung Eui-sun is rolling up his sleeves to develop human resources in Vietnam. Accompanying the economic delegation of ...

Hyundai Motor, Kia surpass 10mn global connected car subscribers

Hyundai Motor, Kia surpass 10mn global connected car subscribers

Hyundai Motor Group announced on Monday that the global number of subscribers to the connected car services of Hyundai Motor Co. and Kia Corp, first...

Samsung, LG fuel rivalry in global hospitality TV market

Samsung, LG fuel rivalry in global hospitality TV market

Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...

HD KSOE breaks ground on marine engine plant in Saudi Arabia

HD KSOE breaks ground on marine engine plant in Saudi Arabia

HD Korea Shipbuilding & Offshore Engineering (KSOE) said on Sunday its joint venture Makeen has broken ground on a marine engine plant in Saudi ...

Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan