Fleet of Hyundai XCIENT hydrogen truck exceeds 1 million km benchmark

Hyundai Motor Co.’s fleet of fuel cell truck XCIENT has surpassed the benchmark one million kilometers of driving in 11 months of service in S...

Hyundai innovates EV manufacturing with smart factory system

South Korea’s top carmaker Hyundai Motor Co. is making innovations in its electric vehicle manufacturing processes. The company on July 1 reve...

SK Siltron to ramp up wafer production from 2022

SK Group’s silicon wafer affiliate SK Siltron Co. is planning to expand wafer production facilities amid growing demand from the global chip m...

Krafton lowers IPO share price amid debate over high valuation

South Korean game developer Krafton Inc. has decided to lower its initial public offering share price amid criticism over its high valuation followe...

POBA CIO advises against traditional asset mix, definition

Rapid technological change that is blurring the lines between industries has altered the definition of asset classes, forcing investment managers to...

Impressivo to bridge fitness and healthcare industry via sensing technology

San Francisco-based startup Impressivo is seeking partnerships in the fitness and healthcare sector as the company aims to bridge the fitness and he...

Samsung Heavy Industries charters drillship to Italy’s Saipem

South Korea’s Samsung Heavy Industries Co. has signed a contract to lease a newbuild drillship to Italian oilfield services company Saipem S.p...

BTS performs epic dance-off with Boston Dynamics robots

The global sensation BTS, topping the Billboard Hot 100 Chart for the fifth week with its latest hit Butter, has stepped outside the human realm in ...

KakaoBank’s $2.3 bn IPO set to alter Korea’s banking landscape

KakaoBank Corp., the mobile banking unit of online messaging app giant Kakao Corp., is looking to raise as much as 2.55 trillion won ($2.26 billion)...

Taiwan’s Fubon Life raises stake in Korean unit via $405 mn rights offer

Fubon Life Insurance Co., a unit of Taiwan’s Fubon Financial Holding Co., has raised its stake in a Korean joint venture with Hyundai Motor Gr...

Krafton hiccup: Financial regulator concerned over high IPO share price

South Korean game developer Krafton Inc.'s road to an initial public offering is getting rocky with the country's financial regulator expressing con...

Hyundai Motor, Naver offer metaverse driving experience on its N Line

Hyundai Motor Co. is offering a unique driving experience for its high-performance brand, N Line, in a metaverse world created on Zepeto. Zepeto is ...

SK Chairman vows to achieve carbon neutrality ahead of 2050 UN target

SK Group has pledged to achieve carbon neutrality prior to 2050, the year set by the United Nations (UN) to reach net-zero carbon emissions globally...

Hyundai Motor, Grab deepen partnership for EV adoption in Southeast Asia

South Korea’s Hyundai Motor Group and Grab Holdings Inc. have agreed to strengthen their partnership in mobility services to accelerate the ad...

The butterfly effect: How the W Concept takeover stirred up Korea's fashion industry

“Just give us three weeks. We’ll offer a price by then.”This conversation took place in early March. A senior executive from retai...

Hyundai eyes smart mobility with Boston Dynamics acquisition

Hyundai Motor Co. said on Monday it is shifting its business focus toward smart mobility from brick-and-mortar carmaking following its acquisition l...

Kolon expands hydrocarbon resins production, becomes global No.2 maker

South Korea’s chemicals and industrial materials maker Kolon Industries Inc. have added another 15,000 tons of annual capacity in its hydrocar...

Korea Shipbuilding & Offshore wins $1 bn order to build 10 vessels

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 1.1 trillion won ($1 billion) deal to build 10 vessels, bringing its total ship c...

Hyundai Santa Cruz to challenge Ford Maverick in US pickup market

Hyundai Motor Co.’s upcoming Santa Cruz pickup is challenging US truck giant Ford Motor Co.'s Maverick even before the South Korean automaker&...

Kolon Industries to lead Kolon Group's remarkable comeback in 2021

Kolon Group is making a remarkable comeback this year to challenge its longtime rival Hyosung Group in future-growth segments including hydrogen. Ac...

Hyundai NEXO, Toyota Mirai to compete in fuel cell cars as Honda exits

Japan’s Honda Motor Co. has announced it is exiting the hydrogen fuel cell vehicle market, leaving Toyota Motor Corp. and South Korea’s ...

Hyundai Mobis unveils new grille technology for EVs

South Korea’s largest auto parts maker Hyundai Mobis announced on June 17 that it has developed a new grille technology that allows drivers to...

Hyundai, Kia outrival Japanese carmakers in India, other emerging markets

India, one of the world’s fastest-growing auto markets, has for decades been dominated by Japan’s Suzuki Motor Corp., which runs Maruti ...

PigUp targets MZ consumers with new meat culture

South Korea's island of Jeju is famous for its native citrus and pork. It's also where Shin Woo-sup, the founder of startup studio Futurera, came up...

Hyundai Motor chairman sees future in self-driving, robot businesses

Hyundai Motor Group Chairman Chung Euisun is in the United States seeking business opportunities in one of the South Korean automotive group’s...

Krafton mega IPO on horizon: Industry game-changer

Krafton Inc. is set to become the first South Korean decacorn startup, or a company valued at over $10 billion, to make a trading debut on the count...

Samsung Electronics to market wearable robot for healthcare by year-end

Samsung Electronics Co. will commercialize a wearable robot for healthcare by the end of this year as the South Korean tech giant is delving into th...

Hyundai Oilbank revives IPO push, expands blue hydrogen business

South Korean refiner Hyundai Oilbank Co. is seeking to list its shares on the local bourse next year, according to its parent Hyundai Heavy Industri...

Tennessee mayors oppose ITC’s anti-dumping duties on Hankook Tire

Politicians in the US state of Tennessee are urging the International Trade Commission (ITC) to avoid hurting the operations of Hankook Tire & T...

Hyundai to provide hydrogen fuel cell system for world’s first electric car race

South Korea’s Hyundai Motor Group will provide its hydrogen fuel cell system to the world’s first touring race for electric vehicles, Hy...