Hyundai high-performance EV

South Korea's KakaoBank Corp. on Wednesday said its net profit last year reached a record-high 263.1 billion won ($208.6 million), up 28.9% from 202...

South Korean electric vehicle cell makers lost a market share against Chinese competitors last year as they failed to fully benefit from a surge in ...

Cars.com, a US automobile evaluation website, named the Hyundai Motor Co.'s IONIQ 5 as the Best Electric Vehicle of 2023 on Tuesday. According to Hy...

Apple and Hyundai Card on Wednesday officially announced the launch of the simple payment service Apple Pay in South Korea.The American tech giant s...

South Korean refiners such as SK Innovation Co. and S-Oil Corp. are estimated to incur a combined loss of over 1 trillion won ($800 million) in the ...

South Korea’s secondary battery ingredient makers are rushing to develop silicon anode materials, next-generation core substances that signifi...

Hyundai Rotem, the railway system subsidiary of Hyundai Motor Group, announced on Monday it has published information about its sales and research a...

South Korean institutional investors, such as pension funds, mutual aids and corporates, are rushing to money market funds (MMFs) for short-term pro...

South Korea’s large business groups are flooding to the US, with their pledged investments there exceeding $100 billion for the next two years...

The sport-utility vehicle (SUV) Hyundai Genesis GV70 electric vehicle in the first half of the year is expected to be eligible for subsidies in the ...

LG Uplus Corp., South Korea’s third-largest mobile carrier, said on Friday that it has entered into a partnership with LS Electric Co. to expa...

Korea Shipbuilding & Offshore Engineering (KSOE), a subholding company for shipbuilding, oil refining and machinery conglomerate HD Hyundai Co. ...

South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over imported vehicles, includ...

Hyundai Doosan Infracore Co., a South Korean construction equipment maker, won a 313.1 billion won ($255.5 million) defense deal from Turkey, sugges...

Croda International Plc., a British specialty chemicals company, is set to acquire South Korean bio materials producer Solus Biotech Co. for some 35...

South Korea’s headline inflation accelerated 5.2% year on year in January, reversing its course of slowing in the past two months due to gains...

Hyundai Motor Co. is establishing a permanent location in Japan's Kansai region to allow customers to experience its eco-friendly cars such as the I...

South Korea's Taihan Cable & Solution Co. on Thursday said it won two orders to build high-voltage power grids in Germany.The deals are with Ten...

Hyundai Motor Co. and Kia Corp. posted the highest sales record in the US market in January. Hyundai Motor America said on Wednesday that it sold 52...

POSCO Chemical Co., a battery material unit of South Korea’s steel giant POSCO Holdings Inc., on Jan. 31 broke ground on its second plant to p...

Korean Air Lines Co. had its strongest performance ever in 2022, as it successfully cashed in on a thriving cargo business and a full recovery in pa...

The annual card approval amount in South Korea exceeded 1,000 trillion won ($811.4 billion) for the first time ever. This is largely because of "ret...

LG Electronics Inc., the world’s leading home appliance maker, aims to take profit from the electric vehicle powertrain and car lighting units...

South Korea's chip foundry DB HiTek Co. attained foundry process technology and is set to expand its high-value-added specialized image sensor busin...

Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...

South Korea's Hyundai Mobis, a key affiliate of Hyundai Motor Group, last year enjoyed its best year in orders received from abroad.The company on T...

South Korea’s Samsung SDI Co. reported its largest-ever profit and revenue last year, which will drive its efforts to produce solid-state batt...

Tmap Mobility said on Monday that it has signed an agreement for the electric vehicle charging business with Shinsegae I&C, an IT service affili...

POSCO Chemical Co., a battery material unit of South Korea’s steel giant POSCO Holdings Inc., and Samsung SDI Co., the world’s No. 6 ele...

South Korea’s LG Innotek Co. is preparing to mass produce flip chip ball grid array (FC-BGA) substrates from the fourth quarter of this year, ...