IAA Mobility 2023

South Korea’s major telecom company SK Telecom Co. has adopted a virtual human to feature in one of its commercial ads for the first time in t...

The steeper-than-expected decline in the won’s value is posing a grave threat to South Korean companies already struggling with rising inflati...

Korea Advanced Institute of Science and Technology (KAIST), South Korea's most prestigious national research university, and New York University wil...

The Asian Development Bank (ADB) has slashed its 2023 growth outlook for the South Korean economy, citing daunting global risks, as the country is h...

South Korea’s top mobile carrier SK Telecom Co. is expanding its business portfolio with quantum technology, even into industries that are unr...

South Korea aims to launch advanced autonomous driving, commercial drone and other urban air mobility services by 2025, as the country strives to be...

Kakao Mobility Corp., which runs South Korea’s most popular taxi-hailing app, and top Korean automaker Hyundai Motor Co. have agreed to launch...

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, has inked a formal deal worth $3 billion to export light ...

LG Uplus Corp., the third-largest mobile carrier in South Korea, is slated to increase its corporate value to 12 trillion won ($8.6 billion) by 2027...

Come 2025, visitors to South Korea’s resort island of Jeju will be able to hail air taxis while there – thanks to special air routes ded...

Hyundai Glovis announced on Wednesday that it received an order worth 2.2 trillion won ($1.6 billion) from a global carmaker, a record-high vehicle ...

South Korea’s Hyundai Motor Group and telecom giant KT Corp. have agreed to expand their future mobility partnership through a 750 billion won...

South Korea’s top mobile carrier SK Telecom Co. is accelerating a digital economic system on its metaverse platform ifland, the telecom giant ...

South Korea’s top auto parts maker Hyundai Mobis Co. will showcase its latest electric vehicle-related technology at this year’s North A...

South Korea plans to reduce spending in 2023 for the first time in 13 years by cutting pandemic-era stimulus payments in a move to curb the country&...

Angered by what they deem to be an unfair rewards system and poor customer service, South Korean players of Kakao Games Corp.’s Japan-created ...

The automotive industry around the globe is rapidly transitioning from the manufacturing sector to the digital arena. That is, from an internal...

Hyundai Motor Group announced on Wednesday that it will invest in Seongnam-based fabless startup BOS Semiconductors, which designs system-on-chip (S...

South Korea is planning to set up a new subsidy policy for electric vehicle purchases, which will be commensurate to the EV makers’ after-sale...

Hyundai Motor Co., South Korea’s top automaker, announced on Tuesday that its first fully electric sedan IONIQ 6 is enjoying record pre-orders...

Major South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) is facing harsh criticism that it has benefited from delaying...

South Korea's Kakao Corp. has terminated talks with MBK Partners to sell a stake in Kakao Mobility Corp., the country’s No. 1 taxi-hailing app...

Daedong Corp., South Korea’s leading tractor and farm machinery maker, has attracted 10 billion won ($7.6 million) from Kakao Mobility Corp. t...

South Korea's largest cloud computing service provider LG CNS Co. on Tuesday reported double-digit growth in both profit and revenue in the second q...

NCSOFT Corp., South Korea’s leading games developer, postponed the releases of key games that could attract new users, clouding its business o...

South Korea’s small and mid-sized private equity firms are increasingly postponing fundraising schedules for their project-based funds to the ...

NEW YORK – Samsung Electronics Co. has vowed to make foldable smartphones its mainstream products in the high-end segment, setting its sales t...

Megazone Cloud Corp., South Korea’s largest managed cloud service provider (MSP), has completed its Series C funding round with a combined 450...

South Korea’s first mobility unicorn Socar Inc. has cut its IPO price by 18% to push ahead with its stock market debut, according to industry ...

Hyundai Mobis Co., South Korea’s largest auto parts maker, is accelerating its future mobility businesses as well as intensifying open innovat...