Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs

Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...
China’s BYD Co. has dethroned Tesla Inc. in South Korea with its compact sport utility vehicle, the BYD Atto 3, becoming the best-selling impo...
The top five imported car brands in South Korea underwent a major shake-up last year. BMW overtook Mercedes-Benz in sales for the first time in a de...
South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the most powerful figure in the in...
Daedong Corp., South Korea’s leading tractor and farm machinery maker, has ended its two-decade-long partnership with Deere & Co., the wor...
LG and Hanwha groups will join forces to develop and sell solar energy devices as a package to challenge Tesla Inc., the leader in the solar energy ...
German luxury carmaker BMW claimed the mantle of top imported car brand in South Korea for a second consecutive year in 2024, beating out rival Merc...
Samsung Electronics Co. and SK Hynix Inc. are said to each be developing a sixth-generation high-bandwidth memory (HBM4) chip prototype for Tesla In...
Spacecraft manufacturer SpaceX, led by Elon Musk, will use LG Energy Solution Ltd.'s batteries for its next-generation Starship rocket, marking its ...
Tesla Inc. is in talks with SK Hynix Inc. at the US electric vehicle giant’s request for a possible 1 trillion won ($725 million) order of ent...
South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp., the world’s No. 3 and No. 1 automakers, respectively, are teaming ...
South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising internet...
Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the best electric vehicle (EV) by Kelley Blue Book, the US vehicle valuation and automotiv...
With stagnating electric vehicle sales or an EV chasm set to be prolonged, battery makers are increasingly turning their sights toward next-generati...
Kia Corp., South Korea’s No. 2 carmaker, on Friday posted its highest-ever operating profit margin of 13.2% in the second quarter, more than d...
Investors in the South Korean stock market rushed to stocks seen as connected to former US President Donald Trump on Monday, such as construction, n...
Affirma Capital, a Singapore-based buyout private equity firm, is seeking to sell its entire stake in both South Korean steel tube maker SeAH FS and...
Mimir IP, a South Korea-based patent management company, has filed a complaint against Micron Technology Inc., claiming that the US chipmaker infrin...
Nvidia Corp., the global top artificial intelligence chip leader, overtook Tesla Inc., the world’s second-largest electric vehicle maker, to b...
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., has won a $6.8 billion contract to sell cathodes to a major c...
Kia Corp., South Korea’s second-largest automaker, plans to enhance its presence in emerging markets with the EV5 compact SUV, the company&rsq...
Tesla Inc., the world’s No. 2 electric vehicle maker, is believed to have agreed to procure battery ingredients from South Korea’s EcoPr...
LG Energy Solution Ltd., the world’s third-largest battery maker, plans to begin mass production of larger format cylindrical cells used by Te...
Tesla Inc., the world’s No. 2 electric vehicle maker, is set to showcase its electric full-size pickup Cybertruck in South Korea, home to its ...
The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat&nbs...
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, became the country’s highest earners in 2023, buoyed by robust sa...
Hyundai Motor Group., the No. 2 electric vehicle brand in the US, is offering discounts of up to $7,500 for their EVs in the country — the max...
Daedong Corp., South Korea’s leading tractor and farm machinery maker, said on Thursday it has teamed up with POSCO Holdings Inc., the parent ...
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., is set to sell products in Europe through an estimated $15 bi...
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., has embarked on a process to list its subsidiary in the local...