Japan Mobility Show 2023

LG Electronics Inc. announced on Monday its exit from the loss-making mobile phone business, which has accumulated operating losses of 5 trillion wo...

Google Inc. will acquire 56.5 billion won ($50 million) worth of new Kakao Mobility Corp. shares, in a strategic investment in the South Korean mobi...

South Korea’s largest auto parts maker Hyundai Mobis will undergo significant reforms in its business model to become a future mobility platfo...

South Korea's GS Caltex Corp., aiming to become a logistics platform, will invest around 30 billion won ($26 million) in Kakao Mobility Corp. to str...

South Korea’s Nexon Co. has disclosed investments in the global entertainment sector made last year, totaling $874 million or 58% of the amoun...

South Korea’s telecom giant KT Corp. plans to expand its content business with an investment of 400 billion won ($353 million) by 2023. The co...

South Korea’s SK Holdings Co. and China’s leading carmaker Zhejiang Geely Holding Group Co. have launched a $300 million joint fund...

Hyundai Motor Co. has invested $5 million in Clearpath Robotics Inc., a Canada-based robotics startup, in a stepped-up push to transform into a comp...

Japan's biggest refiner Enoes Corp. is one of the four final bidders for a minority stake in South Korea's SK Lubricants Co., wholly owned by SK Inn...

  Affirma Capital and South Korea-based EastBridge Partners will invest a combined 400 billion won ($350 million) in SK Telecom Co.'s mobility...

South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...

SK Hynix Inc., South Korea’s second-largest chipmaker, has started mass production of 18 gigabyte (GB) mobile DRAM, which offers the industry&...

Global buyout fund Affirma Capital and South Korean private equity firm EastBridge Partners will compete in a race for the 300 billion won ($267 mil...

Naver Corp., South Korea’s top online portal, has invested €115 million in Wallapop, a Spanish virtual marketplace, as part of its effort...

The Carlyle Group has agreed to buy $200 million worth of new shares in Kakao Mobility Corp. as a pre-IPO investment in the transportation arm of So...

A South Korean real estate investment trust (REIT) backed by Amazon’s largest logistics center in Japan and an office complex in Seoul is plan...

Hyundai Motor Group has unveiled its first uncrewed ultimate mobility vehicle (UMV) concept, transforming intelligent ground excursion robot (TIGE...

South Korea's antitrust regulator has approved the proposed joint venture between the US-based ride-hailing company Uber Technologies Inc. and T M...

Hyundai Motor Group and Korea Development Bank have decided to create a 74.5 billion won ($67 million) fund to invest in startups that offer future ...

Google Inc. is planning to invest around $270 million in Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kaka...

Samsung Electronics Co. has announced that it will pay record-high dividends to its shareholders this year and raise dividends further in coming yea...

LG Electronics Inc. has mandated South Korea’s largest law firm Kim & Chang as the legal advisor for its smartphone division sale, accor...

Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility investments, including e...

Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...

Hyundai Motor Co. and Kia Motors Corp. plan to issue green bonds worth a combined 1 trillion won ($912 million) as they gear up to raise money for...

Competition is heating up among domestic and foreign private equity firms hoping to invest in T Map Mobility Co., a mobility spin-off of South Korea...

Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...

South Korea is emerging as a global hub for the contract manufacturing of biopharmaceuticals following its latest deal to procure COVID-19 vaccines ...

Hyundai Motor Group's autonomous driving joint venture Motional and US-based ride-hailing company Lyft have joined forces to offer robotaxi servic...

Hyundai Motor Group has carried out a massive reshuffling among its key affiliates, with members of Chairman Chung Euisun's inner circle promoted ...