S.Korea has just 1.2% of world's corporate unicorns: study

Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over $1 billion, has shru...

EU’s new battery act comes with caveats; headache for Samsung, Apple

The European Union’s decision to go greener with batteries that cut carbon emissions and promote recycling comes with a few caveats, posing a ...

Hyundai Motor, Kia regain top spot in Vietnam's auto market

Hyundai Motor Co. and Kia Corp. are solidifying their dominance in the Vietnamese car market through the launch of new models and competitive lineup...

Hyundai Transys unveils future UAM indoor design

South Korean auto powertrain and seat maker Hyundai Transys on Tuesday said it unveiled its new urban air mobility (UAM) cabin concept Hyundai Trans...

Hyundai Motor Way: New strategy to accelerate EV push

South Korea’s top automaker Hyundai Motor Group on Tuesday set out its vision to become a top-tier eco-friendly auto brand by accelerating its...

Battery materials firms revive Korean cities with new plants

As South Korean battery materials companies such as LG Chem Ltd., POSCO Future M Co. and EcoPro Co. aggressively step up facility investment, they a...

HD Hyundai Oilbank develops recycled plastic containers

South Korea's petroleum and refinery company HD Hyundai Oilbank Co. has jointly developed a container using recycled plastic with domestic plastic c...

Shopping without passport at S.Korea’s Lotte Duty Free

With a smartphone, you can now shop at duty-free shops in Seoul without a passport.Lotte Duty Free announced on Tuesday that it has introduced the i...

Hyundai, KTC jointly open EV charging quality assurance center

Hyundai Motor Group announced on Monday that it held an opening ceremony for the Electric Vehicle Charging Infrastructure Quality Verification Cente...

Hanwha Solutions to form industrial complex for chips, auto parts

South Korea's energy service, petrochemical and real estate development company Hanwha Solutions Corp. will build H-Techno Valley, an industrial com...

Hyundai Motor's Genesis delivers Korean luxury to Europe

MUNICH – It is always challenging to bring a lesser-known car marque to Europe, home to well-established, globally known brands such as Merced...

Hyundai Glovis acquires logistics automation SW company Altiall

South Korea's leading logistics company Hyundai Glovis Co. announced on Monday that it has signed a stock purchase agreement related to the acquisit...

S.Korea's chip pioneer Amkor aims to rule packaging sector

The history of semiconductors in South Korea, a global tech powerhouse with the world’s two largest memory chipmakers, Samsung Electronics Co....

Vertex Ventures US upbeat for data startups

The healthcare, manufacturing, mobility and retail sectors were slower to adopt digital technologies than the telecom and e-commerce industries in...

Min Sung Precision Co.

Key facts Industry Industrial mold manufacturing and repairment/plastic injection molding Mainstay products/services High-precision mold...

POSCO targets robotic automation solutions for new growth

SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...

Hyundai invests $781 mn in startups to drive future innovation growth

Hyundai Motor Group's open innovation investment in domestic and foreign startups in fields like mobility and artificial intelligence (AI) has excee...

HD Hyundai to participate in Ukraine reconstruction project

South Korea's HD Hyundai Construction Equipment Co., the industrial affiliate of HD Hyundai Co., said on Thursday that it held discussions with Ukra...

Hyundai Rotem reveals actual product of hydrogen-powered train

Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, participated in the largest domestic railway exhibition to showcase ad...

Hyundai Vietnam Shipbuilding’s cumulative orders near 200 vessels

Hyundai Vietnam Shipbuilding Co., a unit of South Korean shipbuilding, oil refining and machinery conglomerate HD Hyundai, announced on Wednesday th...

Hyundai Group chief calls on PE firm help to defend against Schindler

South Korea’s conglomerate Hyundai Group Chairwoman Hyun Jeong-eun is seeking money from a local private equity firm to defend the management ...

S.Korea launches its first offshore wind installation vessel

Hyundai Engineering & Steel Industries launched South Korea's premier offshore wind installation vessel, the Hyundai Frontier, on Tuesday. This ...

LG Uplus, Hyundai Elevator to launch AI-based management service

LG Uplus Corp. on Monday said it released Miri View, an artificial intelligence (AI)-based elevator passenger safety system developed with Hyundai E...

Hanwha Ocean's hiring shows shipbuilding's competition for talent

South Korea's Hanwha Ocean Co., formerly Daewoo Shipbuilding & Marine Engineering Co. (DSME), is showing the intense hiring battle in shipbuildi...

Hyundai Motor to collect $5.9 bn in dividends from abroad for EV push

Hyundai Motor Group’s overseas subsidiaries will repatriate $5.9 billion in dividends in total to their parent in South Korea this year to hel...

Samsung Heavy to establish R&D center in Busan

Samsung Heavy Industries is pushing forward with the establishment of a research and development (R&D) center in Busan. This move is part of the...

Big Tech, Japanese comics publishers target webtoon business

Big Tech have started webtoon services while major Japanese comic book publishers are gearing up for the business, threatening South Korea’s o...

Hyundai's Kona Electric nears 300,000 in cumulative sales

Kona Electric, the best-selling Korean electric vehicle (EV) of Hyundai Motor Co.'s compact sports utility vehicle (SUV), is on the verge of reachin...

Hyundai Elantra N TCR wins 2023 TCR World Tour in Italy

Hyundai Motor Co. announced on Monday that the Elantra N TCR has won the 2023 TCR (touring car racing) World Tour in Vallelunga Circuit, Campagnano ...

Hyundai ramps up ties with Samsung, SK, LG for EVs, self-driving cars

South Korea’s top automaker Hyundai Motor Co. is strengthening its tech alliance with its local partners such as Samsung, LG and SK to stay ah...